How Do I Find Brand Sources?
My name is Benjamin and I am currently a Junior in high school. After I graduate high school I plan to become a businessman. So my question is how do sources materials at a great price to sell higher.
#business #entrepreneur #marketing
Constance recommends the following next steps:
Check out Allie Express and Alibaba , they tend to be cheaper, but expect longer shipment.
Search hashtags on Instagram for wholesale and Etsy.
1. What do you want to sell and are there a lot of people already selling a similar product? If so, this could affect how you set your pricing.
2. Does the item you want to sell have a competitive advantage or a value over similar products (a differentiator), where you can ask a premium price?
3. Where and how will you sell your item? If you sell on an online platform, be sure to check out the %'s they take as this affects your price. If you plan to sell in a physical space, there are a lot of costs you need to consider.
4. If you return to the suggestion of choosing something you enjoy, it makes this step easier, which is know how you will promote and market the item. You need to know who would want the item and what might appeal to them in your marketing.
Being a businessman is a great profession.
Deanna recommends the following next steps: