As a Amazon / ebay consultant it has been worrying me recently when have been talking with people and I hear they have been struggling with sourcing products to re-sell. Yes we can have a grasp of how the numbers all work, what sales rank is and how to buy within sales rank and make sure there are only a few FBA sellers, we can have top marks for that.
But if we cannot grasp hold of how to source and what sourcing is then our business will slowly die a death.Therefore I have decided to spend the next week or so, and look at what sourcing is, and how to do it in a way that is fun and enjoyable and at times can involve your family and friends.
We will look at many different ways of how to source, for example:
- Retail Arbitrage
- Online Arbitrage
- Private Label
- Trade Shows
As ecommerce sellers we need to learn not only just how to source but to make it a fun part of our business. If we do not enjoy getting out there and finding new products then our business will slowly die a death as there will be no products in our stores for people to buy. And if people keep coming back and find the same items time after time they soon get bored and will look elsewhere.
Over the course of this mini how to source course we will look at many different and creative ways to source products using a range of free and paid for tools. As I mentioned at the start it is good to know your numbers and it is a must, but numbers without products is no good, and products without knowing the numbers is no good either so we need both. And throughout this process you will see how we can do this.
If you have any questions please leave them in the comments section below or over on our Facebook Page and we will help you all we can. Lets make this interactive and above all lets have some fun.