Alibaba profit system
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Transcript of Alibaba profit system
ALIBABA SUCCESS GUIDEHow To Use Alibaba To Build Massive Online Wealth
http://sopportunity.com/alibaba/
OVERVIEW – WHAT IS ALIBABA AND WHY DOES IT MATTER TO ENTREPRENEURS
If you’d like to market physical products instead of information in your online business, you need a selling idea and a supply.
Entrepreneurs can now source their products from China, through internet supplier, Alibaba.
Alibaba is the largest e-commerce company in the world (even bigger than both Amazon and Ebay).
Alibaba is the connection point between sellers from Asia and the rest of the world.
The company’s catalogue is massive and has millions of products from suppliers that number in the hundreds of thousands.
http://sopportunity.com/alibaba/
THE REASON ENTREPRENEURS LOOK TO ALIBABA The primary reason that companies look to Alibaba, in general
is that they are looking to take advantage of the low manufacturing costs of suppliers in Asia.
Typically, for the same kinds of items, costs are much lower than suppliers in other industrialized countries, and North America in particular.
However, there are other reasons that more entrepreneurs have begun to look to Asia in general and Alibaba in particular.
Not all of those reasons revolve around manufacturing costs.
http://sopportunity.com/alibaba/
WHAT ARE THE ADVANTAGES TO USING ALIBABA?
Goods typically have low manufacturing costs Suppliers on Alibaba will work with smaller
entrepreneurs. A substantial number of suppliers on Alibaba to work
form in most product categories. In some cases, Alibaba Suppliers are the only ones
who actually manufacture certain items. The product interface makes it easy to source Asian
Suppliers and purchase from them. http://sopportunity.com/alibaba/
STARTING YOUR PRODUCT SEARCH The process of buying on Alibaba is fairly straight-forward You will browse product categories and search for what you’re
basically looking for. There are two basic ways to conduct your searches
Search for items based on product descriptions Search for items based on suppliers
What should you look for? Product pages will give you information that will help you in your search. You should consider taking an organized approach to evaluating
information.http://sopportunity.com/alibaba/
HOW TO REDUCE YOUR RISK AS A BUYER Use Alibaba’s Verification Program which has several levels.
A&V Checks Onsite Checks Supplier Assessments
3rd Party Services in Asia which visit the actual factory and may help you depending on how big your order is.
Ask lots of questions about their business and products Get their business license Get their actual phone number Have Skype Meetings with your contacts Ask for photos of the factor and sample products
http://sopportunity.com/alibaba/
WHERE YOU CAN SELL YOUR PRODUCTS Amazon (FBA) Ebay Offline
Craigslist Local News
E-Commerce Shopify
Hybrid (Build Your Own)http://sopportunity.com/alibaba/
ALIBABA SUCCESS GUIDE: CONCLUSION Sourcing Products from Alibaba can be profitable, but it takes being cautious. In most cases, using all that the platform offers, plus a little common sense
will take you far. Make sure that you’re over communicating and look for the same in return
from your suppliers. Understand that there may be a different perception in your words and
actions that you might expect. Be serious about verification and about using the protections that Alibaba
has in place. Use common steps at all stages of the process: from contacting suppliers to
inspecting your products.
http://sopportunity.com/alibaba/