Where To Aquire Wholesale Products

OK! Let's get started with some helpful tips.

Here are some websites where you acquire products at deep discounts so you can make big profits. Many times your supplier will ship directly to your customers and you don't pay for the product until you have collected the money.
The following will provide you with a few great resources.

For product acquisitions you can go to:

Alibaba.com
Liquidation.com
ThomasNet.com

I recommend that you use the above avenues to acquire products. I always want my students to develop their own Product Niche. That is what I want you to do - folks do this whether you work with me as new student or you do this on your own - Just Do It!

I always like to utilize the repetitive selling process. Where we sell the same item over and over because we have a quantity of that product. When this automated machine is humming it is almost like a license to print money, could you imagine having a license to print money?

OK, now one of the things that I always look for when acquiring product is a direct source for the product where we get the product at or below 25% of retail and resell 50% or retail or more. You have to remember that most of the people that shop on eBay, Overstock.com, Yahoo Auctions and the hundreds of other auction sites out there, including your own website are looking for bargains.

That is why I always recommend that you stay away from the wholesale buying clubs and drop ship clubs. Typically they have thousands of members all selling the same product and then nobody makes any money. If you learn to bypass the middleman and get direct to the source to buy overstocks, closeouts and discontinued type items you will not only outsell your competition you will make much more profit.

I also only sell product that will sell above $25 to $50 or more. It is just as easy to make $50 on a sale as it is to make $2.00 This would take 25 sales to earn $50 So let's keep it simple. By having multiples of the same product that meet this criteria we can take one set of photographs, one product description, one auction ad and use the same ad over and over again and use multiple distribution channels. Because, when I work with a student to develop a specific product line I like to look for a Niche that either has good up sell potential for other related products or services.