How to Import watches at a cheap price and sell with high margin.

moonchild

VIP Contributor
Watches are one of the fashion accessories that helps us to standout when we dress, they're unisex hence anybody can wear, both male and female.

People might think that mobile phones have replaced watches and people don't care about watches, well, that's really relative, any well dressed individual has a watch in his arsenal and also it makes you look complete and gentlemanly.

Up till now, the watch industry is a million dollars industry, with time pieces like Richard Mille, Hublots, Rolex, Patek Phillipe having the top spots.

You can import this accessories and sell for a high margin, and also this is a low capital business you can start right away.

First thing, you'll go to the biggest online store in your country, Jumia(for Nigerians readers) , browse the top and expensive watches, take note of the price and also take a screenshot of the product.

Open a new tab on your browser and go to these site '1688.com' , it's a Chinese website don't worry allow it to load completely, the click the right hand of the website and click translate, if you didn't see the option, you can go to chrome extension store and download a translator extension.

On the search bar of 1688.com you'll see a small camera icon, click on it and it will launch you into your phone gallery, click the images you've screenshot and it will return the searched item exactly.

you'll realise that the price is very cheap maybe *10 cheaper than what you bought it for.

Make payment and ship it to your country and sell it at a rate that is not upto to the ones on the online store.
 
Hey, thanks for sharing this interesting business idea! Importing and selling watches with a high margin sounds like a great opportunity. It's true that watches remain a fashion statement, and there's a market for luxury timepieces.
For those interested, you can follow these steps and explore sourcing watches from websites like '1688.com' to potentially find cheaper options. Just make sure to do your research and ensure the quality meets your standards before selling them.
If you want to find out more about this, you can learn this here now.
 
Top