Mika
VIP Contributor
Go to Google Trends and find out what products people are searching for online. Visit various ecommerce platforms and check what products people are buying (there are tools that can help you find high-selling products on ecommerce marketplaces). You will have to make a note of things like how much average price the product is selling for, how many daily, weekly, or monthly sales the product has, where the buyers are located, etc.
Now, go to Alibaba and look for the same product. Purchase the product in bulk. When you buy the product in bulk, you get two benefits, one, the price will be very cheap, and two, you can use your own brand on the product. Order the product and get it shipped to your location. Sometimes when you order in bulk, you also get free shipping.
Now, start selling these products on eBay or Amazon (I recommend Amazon because of its better branding).
Generally speaking, the profit margin is at least 50 percent.
Now, go to Alibaba and look for the same product. Purchase the product in bulk. When you buy the product in bulk, you get two benefits, one, the price will be very cheap, and two, you can use your own brand on the product. Order the product and get it shipped to your location. Sometimes when you order in bulk, you also get free shipping.
Now, start selling these products on eBay or Amazon (I recommend Amazon because of its better branding).
Generally speaking, the profit margin is at least 50 percent.
