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Should I Move on?

by antis
2 replies
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Hello, have it ever happened to you that you just could not find a supplier for a particular product, that would offer a profitable price? I researched about 200 different manufacturers on Made-in-China, HKTDC, Dhgate, Alibaba, Aliexpress, Global Sources, and even Google. All the suppliers that I located offered almost the same price as retailers on Ebay and Amazon.
But the thing is that there are sellers on Ebay that sell hundreds of products a day for a price that suppliers are offering to me. That means there has to be a place to get it cheaper.
Anyway, what do you think? Should I continue my research, or should I move on to other products? Feeling really confused.
#move
  • Profile picture of the author mcwebmaestro
    Have you talked to the manufacturer directly? Most of the time manufacture require sellers to sell at a certain price to prevent pricing wars among companies. This is especially true for dropshipping.

    If you have then maybe the niche is to saturated to get any real profit out of it.
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  • Profile picture of the author Auctiondebteliminator
    Originally Posted by antis View Post

    Hello, have it ever happened to you that you just could not find a supplier for a particular product, that would offer a profitable price? I researched about 200 different manufacturers on Made-in-China, HKTDC, Dhgate, Alibaba, Aliexpress, Global Sources, and even Google. All the suppliers that I located offered almost the same price as retailers on Ebay and Amazon.
    But the thing is that there are sellers on Ebay that sell hundreds of products a day for a price that suppliers are offering to me. That means there has to be a place to get it cheaper.
    Anyway, what do you think? Should I continue my research, or should I move on to other products? Feeling really confused.
    Antis -

    I hear this ALL the time, every day.

    Unfortunately, people always, always skip over a very crucial step in CREATING a profit, if they cannot FIND one.

    However, there is a pretty awesome research process to see this.

    In addition, what did your research even look like? Were you looking at the stated prices? Market worth? Take into consideration the fees?

    Are you looking at the average? Weighted average?

    Are you taking your supplier's prices at face value?

    Are you looking at a pricelist? Product catalogue?

    Do you even know if the niche is in demand and has proper/manageable competition?

    Make sure you're not sticking-your-finger-in-the-wind and hoping for the best, because I've taught a very specific research process/supplier process for years.
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