To this day it is one of the most high traffic sites in the world. Only there is something even more special about it...
They are all LARGE QUANTITY buyers and sellers.
I want to share a system with you here for free on the Warrior forum. It is very simple, and it has made me about $300k on alibaba over the last 5-6 years working part time.
If you look up the term "wallpaper stocklot" on google you will see that I have dominated the first page for 5 years now, and I havent even got that great of presentations...
I dont have to be flashy, heck; half my customers dont even speak fluent english. They appreciate my simplistic ways... because they are not hard to assimilate.
They dont understand alot of sales bs... what they understand is "Would you like to buy a load of wallpaper"?
Seriously. That simple.
Years ago I learned how to contact manufacturers, retail, and wholesale distributors like "Mattell" and "Kellogs" and "macy's"... to ask a simple question:
"Do you folks have any distressed merchandise you need to unload..."?
What I found is that in 4 out of ten of these calls, the answer was "Yes".
In fact most of them had quantities in excess of a million units, that were taking up valuable ware house space, and they were almost at the point of throwing them out or donating them... They had written them off as a loss on their taxes...
Electronic Piggy Banks"
"Clothing such as Ralph Lauren Polo Shirts"
"Wallpaper and Home decor Items"
Any and everything that you might see in a "One dollar Store".
These people are willing to sell these MILLIONS of units at a time for as little as 3 cents on the dollar. for various reasons, it makes sense for them.
How do you think a product that retails for $19.99 ends up in a discount store selling for $1.00
Anyway, I learned to locate these lots of merchandise, and a few years ago I learned that you could sell them BY THE TRUCKLOAD for thousands of dollars.
1: I created "Broker" relationships with manufacturers.
2: I would offer to "buy" their million units of a $30.00 product, for $0.04 per unit... then sell it off in trucklooads at $0.24 per units... 50,000 unts at a time... get this:
Without ever picking up a phone.
1: If you are willing to contact manufacturers and wholesalers to ask about their distressed inventory.
2: Offer to broker it for them.
3: Get on Alibaba and offer the stocklot it to the THOUSANDS of bulk buyers overseas who are dying to buy the stuff at your "WAAAAAAAY below wholesale prices.
Then you can make 5K 10K 20K per pop!
Admittedly my average commission is beween 5-10K, but there are guys who focus on selling to bigger customers who buy a million units at a time, and they regularly make 50-100k commission checks!
If you could pull 2 or 3 deals like off per year you would be set BIGTIME.
As for me I have average about 50K per year over 6 years with it, but Im sure I could blow it up if I worked harder.
Your buyers dont even want to talk to you on the phone, they prefer email because of language barriers, so selling is fairly easy work. Mostly sending emails back and forth to buyers...
One time I put out an ad and some guy from china wired me $20,000 within 24 hours and I got a $7500 commission, and other times it takes weeks to close a 5k deal maybe even a couple of months... but once again, I dont work too hard at it. If you did you could make a TON!
So there's how I make money on Alibaba, basically if you do what I said here, you can too!