China is economic powerhouse that helps drive the world’s economy. There are good things and bad things about this region. Along with situations that will come and go.
But, one thing is NOT in jeopardy…Chinese imports and exports. Two billion people need a lot of stuff. On top of that, Chinese companies are bending over backwards to do business with the west, they need to move exports.
I discovered a business that taps into the China miracle with at least six things going for it:
• It’s easy to understand (and get off the ground)
• It doesn’t require a boatload of cash to start
• There are no employees (unless you want them)
• It capitalizes on a very profitable expanding market
• There is almost NO red tape (in fact, I’ll show you a site where you can get started today with no hassle)
• Profit potential — huge demand market (even in the current depression)
I’m referring to importing and exporting. Now hang on… I know what you’ve heard. But hear me out. You’ve never seen this side of an import export business before. I promise.
The proverbial bottom-line…..
You can import products for pennies or dimes on the dollar and resell them on the Internet at huge markups. My friend Valerie Johnson started importing pajamas in 2006, with the same tools I’m showing you today, and she done over $1 million dollars in sales in a single year. On top of that, Valerie was once invited to the top Academy Awards after party to hand out her pajamas…she made life changing contacts!
You can also import products for wholesalers or retail businesses and chain stores. And you don’t have to be a retail expert or store inventory in your garage. I hate inventories because they can become obsolete overnight! That’s why Walmart uses sophisticated on-demand inventory systems.
On top of that, entrepreneurs have discovered an easy way to become a middleman (or woman) and broker deals for other companies. I love this angle! I’ll show you how to cut through the BS and get this business up and running quickly.
One Big Flaw in This Business
You probably heard about Chinese toy exporters in the news. A few companies were in news because of the lead content in their toys. One company got in really hot water because a chemical converted it into a dangerous drug when swallowed was found in a product called AquaDots. Not good.
This was a terrible turn of events. Products like this should be yanked off the shelves! AquaDots and about a dozen other products were wiped from the face of the earth!
Lawsuits from stuff like this can happen. That’s a flaw. But when you look out how many products are imported from China, these incidents are extremely rare. What’s more, the toy market is a small slice of the multi-trillion dollar importing pie.
The demand for imported products continues to be extremely high! And there’s no slowdown in sight.
Experts have said China’s imports will continue to increase. And that’s just the beginning!
Exporting is red hot too!
Despite everything you hear about trade imbalances the US remains a major exporter as well.
Combine all this with a site called Alibaba.com. Think of this as the Rise of Alibaba.com and the New Entrepreneurs!
Alibaba.com is the largest and most successful import/export marketplace for entrepreneurs in the world. It is currently ranked among the top 500 websites on Alexa. But that’s not all… Alibaba.com has millions members in over 200 countries!
The company has offices in more than 30 cities in China (including Hong Kong), Europe, and the United States.
This is only the tip of the iceberg
Although Alibaba.com facilitates more than $170 billion in import/export transactions each year, this still leaves trillions of dollars in business on the table. That’s right: T-R-I-L-L-I-O-N-S. The worldwide import/export market is a multi-trillion-dollar marketplace. It’s a virtual waterfall of cash. It is one of the great new opportunities for entrepreneurs. But you need to understand how the game is played.
The Alibaba.com’s system teaches you how to play the game better than anywhere on the Internet. More importantly, Alibaba.com receives monster traffic with importers and exporters just like you. It is much more targeted eBay.
How to Make Money with Alibaba.com Right Now
One of the fastest ways to hit the ground running and start making money with Alibaba.com is to understand which products are already moving or in-demand.
The fastest way to find high demand products is to review the Hot Products section on Alibaba.com or Google Shopping.
The Hot Products section on Alibaba.com features products which are moving quickly. On Google Shopping you’ll see a list of items recently searched for by consumers and purchased. You can also identify hot products on eBay, Yahoo! Stores, Amazon.com, Overstock.com, and Newegg.com. And don’t forget our good friend Mr. Wal-Mart. Whatever products you see listed on the main Wal-Mart.com page are probably selling like hotcakes.
As you probably know, most of the products for sale at Wal-Mart are imported from China, Vietnam and Thailand.
Alibaba.com provides a marketplace, and facilitates the buying and selling of products.
On Alibaba.com you can meet qualified buyers and sellers and reach agreements on pricing, delivery, insurance, and even storage (if necessary). The profit potential of selling products like these on the Internet is staggering. In some cases, you may have to purchase products in bulk but not always.
My preference for new entrepreneurs in this market is to start small. Not only small in terms of the amount of money you pay for imported products and posting them on sites like eBay. But also smaller sized products too. Smaller products will be cheaper to import and MUCH easier to handle.
There are hundreds of ways (and places) to sell products on the Internet. But the easiest (and least expensive) way is through sites like eBay, Amazon.com, Bing Shopping, and Yahoo! Stores. You don’t even need a website to sell on these sites.
All you have to do is list your products, watch them sell, ship them and collect the cash. Opening an online store is super easy today too. I opened a Yahoo! Store in less than 30 minutes.
“The King of Business Opportunities”
PS When I started out my import product of choice were ionic foot spas. I used the same techniques I told you about today. They sold on eBay like clockwork, in some cases I made more than $90 per unit! I’ve completed many deals since then, and I’m helping other entrepreneurs do it too.
(Ed Note: Marc Charles is referred to as “The King of Business Opportunities” ….and for good reason. He should be known as “The King of Legitimate Business Opportunities”…because he’s launched, bought, sold reviewed and advised on hundreds of businesses and money making opportunities. He understands legitimate opportunities. )
Spend 15-minutes on Alibaba.com or AliExpress.com, jot down a couple of products (where there seems to be a lot of activity).
Spend 15-minutes on eBay, Walmart.com, Newegg.com or Amazon.com.
You tell me if and where the opportunity is!
Have fun and play nice.
Top Auction Sites
(For Selling Imported/Exported Goods Online)
Taobao (China’s largest auction site)
eBay China (American products very hot)
Alibaba.com Discussion Lists and Forums