hi, i been looking around and found a product i would like to sell. This product was found in the alibaba "ready to ship" wholesale section. I am trying to figure out exact cost shipped to my door. The product cost per unit is $8.00. MOQ is 100, so total cost of the product is $800. Shipping...
I’m thinking of buying up coronavirus products & reselling them online because I’ve been looking at the trends, & I have a feeling that this coronavirus pandemic is gonna be the “big one” we’ve been fearing. This is because:
1. MSM telling us to keep calm: Wisdom tells us to do the exact...
Hi everyone, nice to meet you all! I'm Dawn, and I literally finished reading TMF *this morning* but oh my god it completely cracked open my perspective on my business, and made me realise how seriously I need to get in the fastlane :)
A little background (I'm not sure how much is appropriate...
Time for a knowledge bomb.
To commemorate @Scot's 50th thread on the Forum "You're not selling wholesale," I wanted to write this one.
If you sell on Amazon, but not subscription box, you’re throwing away millions of dollars.
It's a simple concept.
Let's break it down.
Think about this...
To commemorate my 50th thread on the Fastlane Forum, I wanted to share a topic that is very core to my business.
It’s a simple concept.
If you sell on Amazon, but not wholesale to other retailers, you’re throwing away millions of dollars.
Let’s look at this.
On this pallet is 900 units...
I stepped up my wholesale game this month in a big way. I’m leveraging the time and connections of showrooms and sales reps to get my product distributed into retail stores.
This Thread is For:
People with products/brands selling only on Amazon/ecommerce, who want to expand offline.
So, I'm working on my pitch for distributors, and before I reach out to anyone, I'm trying to wrap my head around pricing. I'll round the numbers to keep it simple.
My current per-unit set-up, with no distributor
COGS - $5
Wholesale - $10
Retail - $20
If I add a distributor in the mix...
Been away from this board for awhile. But one of my biggest gripes is stuck/dead inventory. When should I just burn it and take it as a lost? Or just hold it for life? I really can't afford to lose money, since, I am essentially negative with all my inventory already. PS my pricing is on par...