I had posted a previous thread regarding finding a manufacturer overseas of a particular product that I find to be of very high quality. As I search for the manufacturer I am stuck between waiting it out until I can find the origin of the product, or buying directly from a US wholesaler and selling the product. There is no definitive date of when I would be able to find it, and even if I did I don't know if I would be able to buy direct from the manufacturer (may have a trade agreement with current US importer).
The product I want to buy I can purchase for about $1.00/unit shipped. If I could get it directly from the source I think I could get it for $0.50 or less. It is not perishable and the weight is very light. It's not a food item or any kind of product where I would need to worry about any kind of strict regulations or rules (e.g. FDA approval). I could store it inside of my house very easily and should be able to distribute pretty easily as well. No risk of breakage with shipping and definitely would not need insurance. They are products that, depending on usage, would need to be replaced after 6 months to a year. The items are usually purchased in packs of 5-20.
Based off of my market research I think I could charge about $2.50-3.00 per unit, not including the cost of shipping.
So essentially my question is, do I buy US wholesale now and continue to search for the product origin, or do I hang tight until I find the manufacturer? I don't know if those profit margins would be considered sustainable.
The product I want to buy I can purchase for about $1.00/unit shipped. If I could get it directly from the source I think I could get it for $0.50 or less. It is not perishable and the weight is very light. It's not a food item or any kind of product where I would need to worry about any kind of strict regulations or rules (e.g. FDA approval). I could store it inside of my house very easily and should be able to distribute pretty easily as well. No risk of breakage with shipping and definitely would not need insurance. They are products that, depending on usage, would need to be replaced after 6 months to a year. The items are usually purchased in packs of 5-20.
Based off of my market research I think I could charge about $2.50-3.00 per unit, not including the cost of shipping.
So essentially my question is, do I buy US wholesale now and continue to search for the product origin, or do I hang tight until I find the manufacturer? I don't know if those profit margins would be considered sustainable.
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Last edited:
Access Restricted: Unlock 1,000,000+ Posts
Stop Peeking Through the Keyhole.
Open the Door.
You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.
- Active Daily: Life-changing content posted dozens of times every day. No dead threads.
- MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
- Vetted Network: Connect with founders scaling to 7 and 8 figures.
- Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."— User Richard Peck
"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?
