How To Start An Importation Business

[Spencer]

Importation business is like an arbitrage business, where you buy low from another country and sell high, it's as simple as that, but you just don't hop on Alibaba.com and order products and expect to make a killing, generally, where the work is in this type of business is in market research, what products are hot and also testing to see if people will buy.

You can do this by going to local ecommerce store and write down the fast selling products, see if you can get their variations online and then order.

Also, your final price for your products should be the main price of the product and shipping fees, you then make profits on the margins.

 

[Monster Masterpiece]

Importation business is like an arbitrage business, where you buy low from another country and sell high, it's as simple as that, but you just don't hop on Alibaba.com and order products and expect to make a killing, generally, where the work is in this type of business is in market research, what products are hot and also testing to see if people will buy.

You can do this by going to local ecommerce store and write down the fast selling products, see if you can get their variations online and then order.

Also, your final price for your products should be the main price of the product and shipping fees, you then make profits on the margins.

All these tricks are handled with alibitress while you buy with with paying a small margin of difference between them, this is how things operates but could good thing for dropshipping for example as mentionned.