Successful Product Sourcing Articles:
Finding Products for Your Business:
Chris Malta Worldwide Brands:
Chris Malta is the founder and CEO of Worldwide Brands, the Internet’s leading
authorities on Product Sourcing for Home E-Biz, and the publishers of OneSource, the
World’s largest Source of eCommerce Wholesalers.
The idea of product sourcing may seem overwhelming to you as a new business owner, but
it’s really very simple: It just means finding products at a wholesale price that you
can resell at a retail price. Whether you’re starting an eCommerce site or a physical
retail business, you need a steady, reliable source of inventory. Otherwise, you are
going to end up disappointing your customers through lack of product variety, back
orders and more. For the vast majority of retail entrepreneurs, the main source of
products will be a factory-authorized wholesale supplier. The first thing to
understand about product sourcing is who wholesale suppliers really are and why you
must work with them.
Buying Wholesale Many startup business owners have the false impression that buying at
wholesale means they should be able to source their products directly from the product
manufacturer. A manufacturer’s job is to make products. They are not interested in
selling their products, a few cases at a time, to thousands of retailers. Wholesale
suppliers operate in a service industry consisting of warehouses, sales forces,
support and logistics offices, merchandising teams, delivery mechanisms and much more.
The wholesale industry is the infrastructure that bridges the gap between the
manufacturer (who makes very large numbers of products) and the retailer (who sells
the product, one unit at a time, to the end consumer). Wholesalers turn very large
numbers of products into smaller, more easily distributable numbers of products. As a
rule, wholesalers are the source from which large manufacturers require you to obtain
your products.
Factory-Authorized? When a wholesale supplier is factory-authorized, that means it has
been chosen by the manufacturer to have a direct relationship and certain exclusive
rights to wholesale that manufacturer’s products. Becoming authorized as a wholesaler
for well-known, brand-name products isn’t easy. Wholesalers sometimes spend years
working toward authorization to sell big brand names. Most manufacturers will choose
only a relatively small, strategically located number of wholesalers to sell their
products because it’s more cost-effective for them. When you’re looking for factory-
authorized wholesalers of particular products, there may not be many choices
available. As a retailer, you must make sure you’re working with genuine, factory-
authorized wholesale suppliers. For the vast majority of physical products, brand name
or not, that’s as close to a manufacturer-direct relationship as a retailer can get.
Because the factory- authorized wholesaler is connected directly to the manufacturer,
that is also where you will get your best pricing. When it comes down to it, there is
only one good way to research genuine wholesale suppliers: Ask the manufacturers.
Contact the manufacturer of the products you want to sell, and simply ask them who
their authorized wholesalers are. They know. They’ll tell you, and you’ll be sure
you’re not being scammed.
To Find a Product Manufacturer:
Buy a sample of the product, or look at a display model. Somewhere in the box or on
the product you’ll find the name of the manufacturer. Call the corporate headquarters
of the manufacturer, and ask for the sales department. Tell the sales representative
you are a retail business owner, you want to sell their products in your store, and
you need to know who their factory-authorized wholesale suppliers are. This research
process does take a long time, especially if you want to locate drop-ship and light
bulk suppliers who will work with you as an online retailer, which are fairly rare. If
you’re going to do the research yourself, you should start now, and continue doing a
little research each day.
Sourcing Success Startup retail entrepreneurs who take the time to understand product
sourcing have won half the battle before they even begin selling. Take that time, and
you’ll be doing the best you can to ensure your success.
Info to Grow Product sourcing isn’t just something you do once and forget about – it’s
an ongoing process that continues throughout the life of your business. You must take
the time to learn what you’re doing in this critical process if you truly want to
succeed.
WorldWideBrands: This site contains several free e-books, a large collection
of free articles and videos, a product sourcing newsletter and more.
Product Sourcing Radio Show: Home of Product Sourcing Radio, a weekly show dedicated
to product sourcing information, interviews, articles, podcasts, audio archives and
more.
Articles:
Covering the hottest topics in Home-Based Internet Business our eBiz
ARTICLES can be used to enhance content on your current site or simply
to keep yourself in the eBiz loop!
Chris Malta is host of Product Sourcing Radio, product sourcing editor of The eBay
Radio Show, and founder and CEO of WorldWideBrands.com, publishers of the
World’s Largest Source of qualified, factory-direct eCommerce Wholesalers.
Successful Product Sourcing:
Get the Free Ebook from World Wide brands Click this Link
. How To Find Real Wholesale Products To Sell Online.
. What Is Product Sourcing.
. What Does Proper Product Sourcing Do For Your Business.
From Product Sourcing To Growing a Business.
How to Select Your Product Line: Researching Your Market:
by Chris Malta & Robin Cowie
Make Fact-Based Decisions Choosing what products you’ll sell is one of the most
important decisions you’ll make regarding your eBiz. If you choose your product line
based on personal preferences or hot-item lists, you’re gambling with your business.
There may not be a market for your particular tastes or the market may be saturated.
And by the time an item reaches a hot-list, the supply has met or exceeded the demand.
That’s why you need to base all your decisions on your market research. Gather
information about specific products, not just overall market data. You want to know
exactly what the demand and competition is for your particular item. You’re looking
for products with steady demand, but without a huge amount of competition niche
markets. Research can reveal a lot about what you should sell and how you should sell
it.
Determine If Your Product Will Do Well You need to find out if you can compete with a
product before you decide to sell it. There are some questions you can ask that will
help you determine if it’s a good choice for you:
How much demand is there? Use tools like WordTracker.com or Terapeak.com to see how
many people are searching for your product. You want items with a consistent, median
demand.
How much competition will I have? You can find your competition the same way your
customers do type the name of your item into a search engine and sift through the
results. If the market’s flooded, be willing to keep looking there are plenty of
product markets out there with enough room for you.
Can I be competitive? Consider your competitions’ retail prices and their shipping
costs. They may offset the one with the other, so it’s important to look at both.
Compare them with your own wholesale and shipping costs, and determine if you’ll be
able to charge competitive prices and still make a profit. WorldwideBrands.com offers
a Market Research Wizard that takes all these factors into account and tells you how
likely you are to be profitable with an item.
Find the Best Way to Market Your Product In addition to showing you which items you
should be selling, market research can also show you how you should be selling them.
You can see what keywords people are using to search for your product and pick
keywords for your ads and your optimization accordingly. You want focused words that
will bring in the right kind of traffic users specifically searching for what you’re
selling.
You can also look at your competitors to see what the successful and unsuccessful ones
do differently. Pay attention to their advertisements and auction listings to get an
idea of what works and what doesn’t. The more familiar you are with your market, the
better equipped you’ll be to succeed in it.
Global Sourcing:
By Chris Malta Home EBiz Product Sourcing Expert World Wide Brands
Importing products can be an overwhelming prospect for the online seller the thought
of dealing with international laws, Customs, and tax issues is intimidating. But
according to Ron Vinceslio, of UniPacInternational.com, The pay-off is worth the
effort. If you’re even at the point of buying inventory in case lots, learning to
import is definitely something to consider as a next move.
Help Wanted If you choose to begin importing yourself, it’s important that you do
everything possible on the front end to validate that a supplier is genuine before
doing business with them. By performing due diligence, you can minimize the risks
inherent in importing. If, however, you’re not yet ready to deal directly with
overseas manufacturers on your own, there are numerous outsourcing services that can
help you get started right:
A Strategic Global Sourcing Company, like UniPacInternational.com, can help you, not
only in finding legitimate suppliers, but in every area of importing. They provide
stateside reps who take the time to understand your product needs. Some even offer
online project management systems that let you view the factory’s production schedule,
and interact with your overseas sourcing agent.
Additionally, these companies actually visit every factory they deal with. To ensure
quality, they place agents onsite while your goods are in production. And they conduct
competitive bidding with manufacturers around the globe to bring you the lowest
possible manufacturing costs.
Online Overseas Wholesalers, such as GlobalSourcesDirect.com and Chinavasion.com, buy
inventory direct from overseas manufacturers and make it available to you through
their online stores. Their low minimum orders allow you to start out with small,
affordable quantities, and increase your orders as you grow comfortable with the
processes involved.
Overseas wholesale sites let you source thousands of products at factory direct
prices, while avoiding long lead times. They offer an easy entry point into importing,
with little risk or investment.
Online Import/Export Marketplaces, like GlobalSources.com and AliBaba.com, connect you
to global product suppliers for your E-Biz. You can make inquiries, and negotiate
directly with manufacturers. Some sites will even send you email updates regarding new
supplier products.
Some sites, like GlobalSources, verify and regularly update their suppliers’ details.
They also visit every factory they list, so you know you’re only dealing with genuine
manufacturers and suppliers. Other sites are paid listings so while they’re great for
finding product sources, you need to be careful and take steps to ensure those sources
are legitimate.
Customs Brokers and Freight Forwarders are another resource for importing help. They
can assist you in locating suppliers, calculating duties and landing costs, and
determining the most economical shipping arrangements. They can also ensure you’re
complying with international trade laws, and resolve any Customs problems that arise.
To find a reputable broker or forwarder, check with the trade association to which
your products pertain.
When done correctly, importing can enable you to see significant cost savings in your
E-Biz. Encourages Vinceslio, To whatever degree you need, there is help available as
you learn the importing process, so don’t let a few complications stop you from
experiencing lower prices and higher profits.
How to Break Into Importing:
An Easy Entry for Beginners
FEATURED COMMENTARY
By Chris Malta Home EBiz Product Sourcing Expert OneSource & WorldWideBrands
Email the Author Biography In spite of its tremendous profit potential, many
online retailers shy away from importing inventory. You may have ruled out this
product sourcing method as overly complicated or problematic. But by writing it off
all together, you miss out on some amazing deals and innovative products that you
won’t find any other way.
A Novel Strategy According to Peter Zapf, of SmartChinaSourcing.com and
GlobalSources.com, it was for this very reason that his company created their sister
web site, GlobalSourcesDirect.com, which essentially acts as an overseas wholesaler.
They buy and warehouse large volumes of product directly from numerous Chinese
manufacturers, and place them on their web site. You can purchase those products in
much smaller quantities, and have them shipped directly to your home, office, or
warehouse. Explains Zapf, We wanted to eliminate the complexities and the red tape
that keep new resellers from experiencing the benefits of importing. This site makes
beginning simple we take care of all the details.
Removing the Fear Factor The bottom line is that you can enter the world of
international sourcing without dealing with a lot of the hassles and challenges.
GlobalSourcesDirect.com handles the more difficult aspects of importing for you:
Large minimum orders. With GlobalSourcesDirect.com, you can place an order as small as
a single carton, which greatly reduces your investment risk. Long lead times. Many
overseas manufacturers don’t source the materials to make your products until you
actually place an order, so it may take thirty to ninety days just for the
manufacturing. Here, however, the products are already made and ready to ship, greatly
reducing your lead time. Quality control. You don’t have to hire a third party to
conduct an independent inspection of your products prior to shipment. When merchandise
arrives at their Hong Kong warehouse, the team at GlobalSourcesDirect.com will examine
it before they ever place it on their site. And if by some chance, your products
should arrive in an unsatisfactory condition, they’ll also handle the replacement or
refund. Intellectual property rights. Again, GlobalSourcesDirect.com will review a
product to ensure that there are no IP violations and that all necessary
certifications and permissions are in place, saving you the trouble. Negotiation.
You’re not communicating directly with the manufacturer, so negotiation, cultural and
language barriers are never an issue. Payment. You can pay with PayPal or credit card,
just like any other shopping web site, so you don’t have to worry about international
currency rates or how to get your payment to your supplier. International clearance.
You don’t have to track down logistical providers and negotiate delivery rates, or
deal with Customs regulations. GlobalSourcesDirect.com has the shipping power to
negotiate better international rates than you could as an individual retailer, and
they’ll make sure that you’re in compliance with Customs.
The idea behind the site is to make importing as easy and painless as possible,
allowing you to get a feel for the process and test out internationally manufactured
products. Advises Zapf, Importing can seem incredibly intimidating, but
GlobalSourcesDirect.com removes the fear factor. We let you try it out and get your
feet wet. As you build confidence, you can graduate to working directly with overseas
manufacturers and suppliers. It’s well worth putting forth that effort and getting
started, because you have such a fantastic opportunity for high returns.
Product Sourcing Strategies for the New Year:
5 Ways to Boost Your EBiz
FEATURED COMMENTARY
By Chris Malta Home EBiz Product Sourcing Expert
There’s no better time than the New Year to re- evaluate your product sourcing
strategy. You can’t look at your product sourcing in 2008 the same way that you did in
2007. Consumer trends cycle and change you need to understand what buyers want NOW.
According to seasoned trend-spotter Lisa Suttora, of WhatDoISell.com, there are five
specific strategies you should be incorporating to see your eBiz succeed in the coming
year:
Niche Down The first strategy is to source vertically, or focus in on your niche.
Explains Suttora, Online shoppers want depth of inventory and a selection they can’t
find down the street or at Wal-Mart. Last year, the small online sellers who
concentrated on their specialty and became the go-to place for their specific sub-
niche, far out-sold the larger, more generic online stores.
Rather than carry a few selections of many various types of lamps, try drilling down
and getting specific with your offerings, such as kerosene lamps for power outages or
natural lighting lamps for home offices. This allows you to leverage your inventory
capital and marketing efforts. You can focus your product sourcing efforts, rather
than investing in different product categories or attending trade shows for multiple
industries.
Don’t Limit Yourself Use multiple supplier channels. Even though you’re purchasing in
a narrow niche, you don’t want to limit yourself to only using one supplier, or one
type of supplier. Various product sourcing methods bring different strengths to your
business and provide you with different opportunities. Drop shipping is a great way to
test out new products, while liquidation and overstocks provide excellent loss leaders
and add variety to your lineup. Using different channels gives you a well-rounded
supplier list, and the most diverse product line possible.
Be Different Regional Sourcing can give you a unique position in the market and
eliminate a lot of competition. Look for products that are exclusive to your region,
but that people from around the country might be interested in. While you don’t need
to build your entire product line around regional sourcing, you can supplement your
existing line with products that buyers in other areas don’t have access to. For
example, if you sell decorative lamps, you might look for local artisans that make
uncommon lamps. Unique products that have a story often go for a much higher price
online.
Share the Knowledge Bundle information with products. Customers are reporting that
they want more than just a product they want to know how to use it. So create a tip
sheet or small eBook, or find someone from a site like elance.com or craigslist.com to
create one for you. For instance, if you sell special garden tools, you might buy some
little books on Japanese gardening tools that people don’t know how to use. You could
then sell your tools with the book telling customers step-by-step how to use them. By
constructing a One-Stop Shopping experience for your customers, you’re adding value to
your product and eliminating your customers’ ability to comparison shop.
Be Proactive Act on your knowledge. It doesn’t do any good to assimilate great
suggestions and ideas on sourcing products more effectively, if you don’t actually
implement the tips and information you learn.
Product sourcing is an ongoing effort. Encourages Suttora, Don’t just think about it
take action. Put these things into play and get outside that box. You will be amazed
at the kind of business you’re going to be able to build this year.
The Nuts and Bolts of Liquidation:
Reselling Liquidated Items Online
By Chris Malta Home EBiz Product Sourcing Expert
If you haven’t considered liquidation as a product source for your E-Biz, you might
want to think again it can be a very profitable prospect for any online seller. When
large retailers, wholesalers, and manufacturers need to convert their excess inventory
into cash, they often offer it at well-below wholesale costs in an effort to recoup
some of their monies. The types of products you can source in the secondary market are
as varied as the suppliers disposing of them. Whatever niche market you sell in,
chances are you can find some excellent deals on liquidated items that would nicely
round out your standard product line.
It’s important, when buying liquidated goods, to know what type of merchandise you’re
dealing with closeouts, surplus, refurbished, etc. Advises Tom Schmidt, president and
COO of Government Liquidation, LLC,Certain types of secondary goods may require a
little more effort, in the form of repairs, like salvage, or in the form of marketing,
like customer returns, overstocks, or shelf pulls. But they also provide a chance to
earn higher margins because you’re adding value to the products.
Locating the Goods One of the best sources for finding liquidated products is a
business to business (B2B) marketplace, such as Liquidation.com or LiquidXS.com. You
gain access to many different types of products and suppliers all in one place,
including liquidated lots from suppliers that would normally not sell to small,
individual retailers. When shopping B2B sites, make sure you’re only dealing with
companies that have solid reputations. Some key characteristics to look for when
choosing a marketplace are guaranteed prompt delivery, a range of shipping options, a
secure financial settlement process, and good customer support. It’s also a plus if a
site has multiple shipping locations the closer you can have your product shipped
from, the less you’ll be paying in freight costs.
Evaluating Your Profit Margins To capitalize on the resale value of these liquidated
goods, there are two primary figures you have to identify:
You first need to establish the resale value of the items you’re considering.
Understand the condition the products are in. Then do your research on business to
consumer (B2C) web sites: review the products’ make and model, determine where they
are in their life cycle, and use that information to develop a selling strategy.
The second thing you need to figure out is your total product cost per unit. Besides
the cost of the product itself, you need to factor in all logistical and marketing
costs, as well as any costs involved in getting the products ready to sell at retail.
If your costs per unit are well below your resale value, you know you’ve found a
profitable product.
Integrating liquidation into your total sourcing strategy can help you keep your
product selection fresh, and keep your target buyers coming back for those items that
complement your regular line-up. It’s also a great source for high-margin items and
loss leaders. Encourages Schmidt, Liquidation isn’t something that online sellers need
to be afraid of. It’s a sixty-five billion dollar marketplace and, for the Internet
entrepreneur, it can be a goldmine.
Understanding Product Life Cycles:
How to Always Pick the Right Products
FEATURED COMMENTARY
By Chris Malta Home EBiz Product Sourcing Expert
When you sell online, you might be tempted to
think that, once you’ve found a product and a supplier, the only thing left to do is
sell. But without ongoing market research and product sourcing, you’ll soon see your
profits begin to decline. No matter how in-demand a product may be, it still has a
limited life span. What sells at a premium today, you may not be able to give away
tomorrow. That’s why you need to constantly keep an eye on where your products are
in their life cycles so you know when you need to begin phasing out old products
and phasing in new ones.
Monitor Product Performance In the early phase of a product’s life cycle, demand is
high, supply is low, and prices are at a premium. You’ll find it difficult to get in
at this phase; the competition phase is where most online sellers make their money.
Competition hits and supply surges; demand stays the same. Prices start to lower a
bit, but conversion remains pretty steady. Towards the end of this phase, demand
begins to wane, and a product moves into the decline stage.
Demand can drop off for many reasons. A product may go out of style or out of
season; or competition may flood the market, driving prices so low that you can’t
compete and make a profit. When you see a product is moving into the decline stage,
you know it’s time to wrap it up and start offering something else.
Follow the Signs Updating your product selection always begins with market research.
Jen Cano, co-author of eBay Performance! Selling Success with Market Research and
Product Sourcing, advises, Research allows you to source the products your
customers want, when they want them. There’s two parts to understanding what items
you should be sourcing demand and direction.
Demand: To determine a product’s demand, you need to look at the number of users
searching for that product, the number of times it sells in a given time period, and
the average selling price it brings. Different research resources like Hammertap,
KeywordDiscovery, Google’s Keyword Tool, or eBay’s Pulse and Marketplace Research
can help you pinpoint the numbers you’re after, and interpret what they mean to you
as a seller.
Direction: Establishing the direction in which a product’s demand is headed
enables you to identify where it is in its life cycle. You don’t want to be sourcing
inventory on its way out, so you need to observe your products over time. For
instance, a product’s total numbers over a thirty day period won’t demonstrate if
its demand is growing or declining. But studying that same thirty days as four
separate periods, of approximately a week each, will reveal the direction in which
those numbers are moving.
At any given time, you may be selling multiple products in different stages of their
life cycles. Explains Cano, Finding new products to sell and consequently,
finding new product sources is an unending process. You never stop picking up and
dropping off items, doing research, assessing new products and suppliers that’s
how your business is going to succeed in a changing marketplace.
Knowledge is Power:
Using EBay Market Research
By Chris Malta Home EBiz Product Sourcing Expert
New eBay retailers are often overwhelmed with all the choices they have to make what
to sell, what to charge, how to list an item. Thankfully, there are numerous tools
available to answer those questions. eBay sold the data on every sale they’ve ever
made to various companies. They’ve in turn, created tools to interpret that data and
spot trends and patterns in it. According to Anthony Sukow, CEO of market research
giant Terapeak.com, Having access to eBay data empowers you with respect to the
market.
What Can Market Research Tell Me? You never want to sell a product without researching
it first it’s like taking a test without studying. Only instead of getting a bad
grade, you lose the time and money you invested. There are some things you need to
know that you’ll only learn by researching: Is there a market for this product, and
can I compete in it? Most market research tools let you see how many of an item sold
recently and how long they were listed before selling. Look at the supply and demand.
If there is too much supply or not enough demand, consider finding other products to
sell.
Is this the best time to sell this product? Some products are seasonal and these are
fairly intuitive. But sometimes market data reveals surprising trends: black iPods may
be outselling white ones by more than double. Or a celebrity may have gotten some PR
that sent the value of their merchandise soaring.
What can I get for this product? Market research shows you the average price people
are getting for an item. As you begin recognizing the value of various products,
you’ll know whether something’s a good deal and what it will bring on eBay. You don’t
want to get caught with a product you can’t make a profit on or worse, you take a
loss.
How should I list this product? Market research tells you what set of optional listing
characteristics brought the best prices for a particular product. You can see what an
item went for in an auction versus what it sold for at set prices. You can see which
features were used bold, highlight, gift icon, gallery, etc.and what final prices they
brought. You want to take all this into account when deciding how to list your own
items why waste money on features that don’t bring in better prices?
Who’s buying this product? Market research gives you the demographics of all the
people who’ve purchased the product you’re selling genders, ages, and geographical
regions. So you know exactly who you’re selling to, and you can plan your marketing
strategy accordingly. Even the terminology you use to list an item will vary from
group to group.
Sukow states, Understanding your market is fundamental for any smart business Use
knowledge to empower your purchasing decisions.
Top 5 New Year’s Resolutions for Product Sourcing:
Hi, this is Chris Malta, CEO of WorldwideBrands.com.
I want to wish you a happy, prosperous and of course, PROFITABLE New Year from myself
and everyone here at the world’s premiere product sourcing company!
Since we’re talking about the New Year, let’s talk for a minute about New Year’s
resolutions. We’ve put together the Top Five New Year’s resolutions for your personal
success this year, and it’s important to your online business that I share them with
you. So. . .
Resolution # 1) Lose that extra weight !
Most people who sell online don’t even realize it, but end up dragging around a lot of
extra dead weight in the form of FAKE WHOLESALE SUPPLIERS. If you buy stuff at
“wholesale” from a supplier that you found in the search engines, or one of the huge
number of junk wholesale directories that you find at the TOP of the search engines,
you have about a 70% chance that you’re paying too much for your products. Ever notice
your competition selling products online for less than you PAY for them? If so, you’re
probably hauling around a few hundred pounds of useless wholesale middlemen.
There’s a whole INDUSTRY of bottom-feeders out there who PRETEND to be wholesalers,
but they’re NOT. They get IN BETWEEN you and the REAL wholesalers, ruin your profit
margin, and couldn’t care less whether you succeed or fail. So, start the New Year
right. CHECK OUT YOUR SUPPLIERS. Ask yourself these questions:
1. Does my supplier have an actual warehouse full of products, or are they shipped
from somewhere else?
2. Is my supplier a FACTORY AUTHORIZED wholesaler of the products they’re selling me?
3. Do I have my OWN direct sales rep at my wholesale supplier?
4. Does my supplier focus on one real product line, or are they middlemen who sell
many different kinds of products under one roof?
Really learn who your suppliers are while you’re starting the New Year. You may find
they’re not who you thought they were. Don’t drag those lost profits and dead weight
into 2008!
Resolution # 2) Explore New Possibilities !
The New Year is all about new possibilities. Are you getting your products from Drop
Shippers? Light Bulk Wholesalers? Volume Wholesalers? Liquidators? The online sellers
who make the most money always use a COMBINATION of these methods to source products
to sell. For example, test a product with no risk using drop shippers. When you find
one that sells well, increase your profits by buying them in Light Bulk Quantities. As
you build your sales, increase your profits even more by getting those products in
larger volume. Always remember that you can use Liquidated goods as low-cost
incentives to attract people to your store or auctions, then show them the products
you REALLY want to sell. Explore new possibilities and skyrocket your profits by
COMBINING your product sourcing methods in 2008!
Resolution # 3) Stop procrastinating !
They say that you should never put off until tomorrow what you can do today. That
saying especially applies to your Ebiz! Right now, at the beginning of the year, you
should be devoting some of your time to thinking about what you’re going to sell or
how you’re going to promote your existing products in the Spring. In the Springtime,
think about how you’re going to handle your Summer business. In late June and early
July, think about Fall, but also start thinking about the 2008 Holiday Season! That’s
what the big companies do, and that’s what the best selling Ebiz owners do. When you
have even a basic plan ready for each Season, you have more business during those
seasons, and earn more money.
Resolution # 4) Make a Difference !
You can make a real difference in your Ebiz in 2008 by applying a little Market
Research. That simply means finding out which products sell well and which ones don’t.
Successful Ebiz owners are NEVER “married” to a single line of products. Your
business, whether online or off, is never about selling what you WANT to sell. It’s
about selling what PEOPLE ARE BUYING. That’s how you make the most money. Start off
2008 by learning about what people WANT, and sell it to them!
Resolution # 5) Take Action !
They say there’s no time like the present. Even better, there’s no time like the start
of a New Year to spring into action and make this the best financial year you ever
had! We’ve talked about getting rid of dead-weight middlemen and finding REAL
wholesalers to work with. We’ve talked about increasing your profits by combining your
sourcing methods, thinking ahead, and learning about market research. I guarantee that
if you do these things NOW, you’ll have a better and more prosperous year in ’08.
The ONLY way to do all these things at once is through OneSource, the world’s LEADING
product sourcing tool. So don’t procrastinate! Take action and start the New Year
right TODAY! Go to WorldwideBrands.com and spend a couple of minutes checking out the
FREE ONESOURCE PREVIEW. You’ll spend the rest of the year feeling REALLY glad you did!
From myself An Affiliate with OneSource & Worldwide Brands and all the Team at
WorldwideBrands.com, Best wishes for a Fantastic New Year!
Click on the Link Below: To Down Load The Latest Free Ebook: On Successful Product
Sourcing With World Wide Brands
From Theo Olifiers
Free eBook on Successful Product Sourcing Click this Link
( note: its sometime easier to open your pdf reader before downloading )
