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broswoodwork
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- Oct 16, 2015
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Watch me F*ck up everything while importing finished components for my business!
or
How I learned to stop working myself to death and learned to love passive repeat monthly sales
I'm trying my hand at importing a finished component for my business...
which is in a new close to home 1500sqft facility, has it's own website as the primary sales venue, and had real employees [fired and replaced by a spray gun] in addition to 1099 guys. Sorry... never updated that stuff.
Samples in. MOQ's are good. Quotes for landed price (if I'm reading them right???) are way better than anticipated, and now I'm basically just stalling till I'm half sure I know what I'm doing.
Worst case scenario: the product plugs directly into my existing work at a lower cost and superior quality than I can source domestically.
Best case: the product doesn't even get plugged into my work, but instead gets sold directly to my competitors, while I start pivoting entirely b2b.
All of this is assuming my inevitable missteps don't land in catastrophic territory, and my shit gets seized by customs or whatever.
Edit: Special thanks to @Walter Hay who's book (Proven Global Sourcing) I have to furiously flip through in between messages back and forth with suppliers. If I had only read it 3 or 4 more times before just diving in to this, I'm sure I would be handling it all more gracefully. I'm impulsive...
or
How I learned to stop working myself to death and learned to love passive repeat monthly sales
I'm trying my hand at importing a finished component for my business...
which is in a new close to home 1500sqft facility, has it's own website as the primary sales venue, and had real employees [fired and replaced by a spray gun] in addition to 1099 guys. Sorry... never updated that stuff.
Samples in. MOQ's are good. Quotes for landed price (if I'm reading them right???) are way better than anticipated, and now I'm basically just stalling till I'm half sure I know what I'm doing.
Worst case scenario: the product plugs directly into my existing work at a lower cost and superior quality than I can source domestically.
Best case: the product doesn't even get plugged into my work, but instead gets sold directly to my competitors, while I start pivoting entirely b2b.
All of this is assuming my inevitable missteps don't land in catastrophic territory, and my shit gets seized by customs or whatever.
Edit: Special thanks to @Walter Hay who's book (Proven Global Sourcing) I have to furiously flip through in between messages back and forth with suppliers. If I had only read it 3 or 4 more times before just diving in to this, I'm sure I would be handling it all more gracefully. I'm impulsive...
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