Clear $250,000 on One Sale
Let's say you have developed a great product to sell to a particular type of retailer. You talk to a buyer for a retail chain with 1,000 stores. The buyer decides to order 50 copies of your product for each store. That's a total of 50,000 copies of your product in this order. Let's say you have priced your product so that you clear $5 on each copy sold at wholesale. Total profit from this sale - $250,000.
Now, you might be thinking "How do I manufacture 50,000 copies?"
For the type of product I have in mind, you can easily outsource the manufacturing. You could have 50,000 copies ready in ten days at a cost of about $37,500. If you have good credit, the bank will lend you the $37,500 on a short term loan.
Are my other numbers an exaggeration? One of my clients and I have developed a type of product that is well suited for selling to a large retail chain. My client is in negotiations with a retail chain that has 1,000 stores. If she makes a sale, she will clear around $5 per copy. The only variable in doubt is the total number of copies the retailer orders. And, of course, whether she lands the order at all.
I'm still looking for a few people who want to try this technique and help me collect some real world data on how well it works. If you're interested, just PM me with a short statement that you won't pass along the details to others.
Now, let's brainstorm this subject and come up with some good strategies for selling to retailers.
Thanks,
Steve R.
R.A.M. Video
Ask...Because you never stop learning.
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Nick Marks is an author, speaker and was announced as the Internet Marketer Of The Year 2007 by Russell Brunson & DotComSecrets.