Selling Products - A viable business plan?

by abbs
12 replies
Hi guys,
It's been a while since I have posted anything on the Warrior Forum, mainly because I have been really busy with my studies. I tried to setup a website in the winter, but I was quite unsuccessful mainly because I didn't have too much start-up capital or technical knowledge at the time.

I have come to the conclusion that affiliate marketing from Pakistan is not particularly easy. Since people here do not buy things on the internet, and it is difficult to target foreign audiences, I decided to pursue another business plan.

I know a lot of people all over the world sell products for a living. Since things are (relatively) cheap where I live, I thought I would buy and sell products to willing buyers abroad.

I just wanted to know if there is anyone else who does this for a residual income, and if they have any advice for me. I know shipping costs will eat into my profits, but buying in bulk is pretty cheap here so I think it should balance out. It would be great to hear from people who either sell to or buy from people in other countries about things I should look out for and be wary of.

Thanks for your time!
#business #plan #products #selling #viable
  • Profile picture of the author craig crawford
    Hey,

    You don't just have to sell products that are physical...

    You can create your own info/software products etc.. no shipping needed, build an email list and can potentially earn a nice bit of money!

    Just make sure you create something of value!

    Craig
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    • Profile picture of the author abbs
      Originally Posted by craig crawford View Post

      Hey,

      You don't just have to sell products that are physical...

      You can create your own info/software products etc.. no shipping needed, build an email list and can potentially earn a nice bit of money!

      Just make sure you create something of value!

      Craig
      Thanks for your reply. I don't know how to create virtual products, other than ebooks, and I'm pretty sure people would not be interested in anything I produce!
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      • Profile picture of the author WriterWahm
        Originally Posted by abbs View Post

        Thanks for your reply. I don't know how to create virtual products, other than ebooks, and I'm pretty sure people would not be interested in anything I produce!
        That is where you're wrong. How do you know people won't be interested in anything you produce? Have you tried it or are you just assuming things? If you want to do eBooks, here's what you should do:

        1. Look for a niche (area) that interests you. It might even be something you know a lot about e.g. Pakistani Cultural Marriages etc... You don't really need to know a lot, just make sure it's something you're interested in.

        2. Do some research to find out if there is indeed a market for that thing. You will be shocked what people are interested in.

        3. If you find a viable market, immerse yourself in that niche. If you don't know a lot about it, read up or go find out.

        4. Create an information product. Yes, it could be an eBook, but it could also be a video or any other format. And no, you don't NEED to know how to do that, you can outsource it. If you can't afford to pay someone to do that stuff for you, then you will LEARN what you need.

        What you really need is a CAN-DO attitude. I started with absolutely NO money (not even the $2 to buy a dot info domain name), but I learned what I needed to learn and offered services and then got enough to start a website. I didn't hire a web-designer...you don't need that. Just use a wordpress platform and tweak it, play around with it until you discover how stuff works.

        This forum has all the information you need to make an income online. If you can't afford to pay for stuff, you need to devote a lot of time to learning.

        If you just change your attitude, there's nothing you can't do.

        I wish you the best.
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  • Profile picture of the author Sushiman1111
    I know a couple of guys who have done the same thing from Japan, but I'm not sure that Pakistan has things that most Westerners (who are probably going to be your biggest market) would want... Is there anything that's a popular, "iconic" Pakistan product? I can't really think of one off the top of my head, but maybe there's a market for, I don't know, clothing for Muslim women abroad or something? Not trying to be facetious here, just thinking out loud.
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    • Profile picture of the author abbs
      Originally Posted by Sushiman1111 View Post

      I know a couple of guys who have done the same thing from Japan, but I'm not sure that Pakistan has things that most Westerners (who are probably going to be your biggest market) would want... Is there anything that's a popular, "iconic" Pakistan product? I can't really think of one off the top of my head, but maybe there's a market for, I don't know, clothing for Muslim women abroad or something? Not trying to be facetious here, just thinking out loud.
      Thanks for your reply. I don't know anything about women's clothing, unfortunately, so I guess it won't be a good idea to start there. A lot of western clothes that are sold in the U.S. are actually made in Pakistan. Jewelry and watches are available at cheap prices here too.

      I don't have the necessary capital to do this in bulk. Do you think it would be profitable to sell things one-off? Are there any marketplaces where I could list potential products?
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  • Profile picture of the author budisantoso
    Selling Products same with my activity, selling callygraphy.
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  • Profile picture of the author Sushiman1111
    Actually, now that I think about it, maybe cashmere products would work. They should be cheap for you, in your region, and command a premium price in the West. (Pakistan and northern India are the two premier regions for cashmere, if I remember correctly.) If you had a good source and set up a website that focused on "cutting out the middle-man" or some similar marketing angle, you might be able to do something.
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  • Profile picture of the author HansM
    Regarding infoproducts, couldn't you mix topics of your studies with your internet marketing expertise and find niches from there?

    Regarding physical products, shipping single products overseas is not a viable option, unless they are very special and expensive, in which case it might take quite some cash to finance it.
    I run a.o. a jewelry webshop, and I find that for certain products local delivery costs already take away most of my profit.

    Dropshipping could be an option if you don't want to keep stock, however, if you aim at the American market, there's quite a bit of competition as well.

    Did you consider brokering? Acting as the middle man for transaction from your country to Europe or US, building expertise on matching local producers and foreign customers. You could aim at b2b customers, like bulk products for specialty shops. e.g. thinking from my own niche: It could be an option to bundle and sell local jewelry specialties to (western) specialty shops or webshops.

    In addition to products, if your English is good, there might be options to leverage that on sites as odesk or fiverr, translating texts?
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  • Profile picture of the author moosag
    Hey Abbs

    The only way to make money is to sell something. Physical products, digital products or even services. Money won't magically fall of a tree into your lap You need to sell something.

    Also I am from South Africa. Tiny e-commerce market here but I still sell locally and abroad. Do not let your location factor into your IM career. That is the beauty of the internet! You can sell $100k worth of Goods to people in the US and UK while you chilling out in the Kalahari dessert

    Most importantly stick to what you know. Minimizes the learning curve and allows you to do what you do best.
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  • Profile picture of the author betterwtveter
    You remind me what I was like in college. I first started marketing online by selling digital products such as software and ebooks. I know click bank in my opinion is over saturated I believe, so I recommend you to sell CPA's which is my main income stream.
    It is stupid easy to do. All I do is just write reviews, make some videos, and participate in forums related to the product I am promoting. I mainly focus on dating sites, payday loans, and weight loss. This should easily get $1000 in your pocket for a newbie if you at least blog once a day, participate in a forum for about 1 hour a day related to your CPA topic, and make an effective video reviews on your products. Create your content in a way where you are not making a sales pitch, but educate your people.

    Hope this helps.
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  • Profile picture of the author Tiptopcat
    I like the idea of trying to create your own info products. Then you are not at the whim of wholesalers etc. If you are able to do the research into a topic that interests you, find out if there is a market for that subject and go from there.

    Lots of great places to outsource the stuff that you don't want to do.
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