01-03-2017, 07:14 PM
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in a van by the river
Industry Role:
Join Date: May 2003
Posts: 76,806
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Quote:
Originally Posted by Sly
Have you considered finding a manufacturer of XYZ product that has a minimal web presence instead of reselling smaller items that you purchase on your travels? You could then do everything that you just mentioned without having an inventory, be completely mobile.
Several years ago I had a deal with a manufacturer of a piece of niche exercise equipment. They had a marketing company working for them, but I was able to sell better than they were. I utilized Amazon, eBay, my own website, and a few other outlets.
I had no inventory. No physical responsibilities. I marketed my aspects and handled my sales but they took care of delivering the product, returns, warranties, etc. I did not make enough to live on selling that one product, but I only spent five hours a month working on it and it brought in anywhere between $1-2k profit monthly.
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It's hard to find those kind of things, but I'm looking at a few ways of doing similar with private label stuff.
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