You Don’t Have to Be a Walmart…
I’m sure you’ve heard of the $1.2 trillion Chinese export market. It’s where some of the largest companies in the world make their money. They buy products manufactured in China for pennies on the dollar… and sell them in the U.S. for a huge markup.
But you don’t have to be a Walmart to get in on this opportunity.
I’ve profiled hundreds of successful entrepreneurs using this model. And they all started with limited or no experience and not much money.
How did they do it? They harnessed the power of the Internet to:
- Research the hottest markets for Chinese goods
- Find products and manufacturers
- Sell to customers primed to buy
All this without maintaining a bricks-and-mortar store or a warehouse.
One entrepreneur imports “designer” sunglasses for as little as $.90 each and resells them on eBay, Yahoo!, Amazon (and dozens of other sites) for 20, 30, 50, and sometimes 70 times what he paid for them!
A husband and wife team started importing flags from China in 2001 and reselling them on the Internet. Today, they’ve expanded their offerings and are generating more than $25 million a year.
And a lady in California sells footed pajamas (yes, like the ones children wear) for adults. She came up with the idea and then found a Chinese company to manufacture them. These days, she’s bringing in $1.8 million a year.
These entrepreneurs sell very different products but they all have these things in common. They…
- Work from home
- Work when they want to work
- Earn a very handsome income
- Use a particular website to connect with manufacturers (It’s a secret weapon I reveal in my China Wholesale Secret Alliance Program .)
And there’s plenty of room for newcomers, whether you want to make this a full-time venture or a part-time gig. There are thousands of hot products available for import from China at deep discounts.
When I refer to a hot product, I’m talking about one that can be sold quickly and profitably on the Internet.
Right now on eBay, for example, products that appear to be hot are electronic gadgets (including cell phones, laptops, iPods, and iPads), fashion boots, backpacks, dorm decor, and other school-related items.
Another huge market is herbs and natural remedies. According to MarketResearch.com, the herbal supplement market in the U.S. exceeded $4 billion in 2009, and it’s growing like wildfire. This morning, I found more than 1,900 herbal products offered by Chinese companies.
Not only are thousands of high-demand products being made in China, the recent currency turmoil works in your favor. I won’t go into the economic details here, but one thing is certain. Most Chinese products will become even cheaper for importers in North America and Europe.
And know this…
One of the best things about importing (when you do it the right way, and I can show you how) is that it requires very little start-up capital. You won’t have to buy a shipping container full of goods. Most manufacturers let you buy small quantities so you can test your market.
On top of that, an importing business doesn’t require office space or employees. You don’t have to deal with mountains of bureaucratic red tape. And with drop shipping, you don’t have to maintain any inventory. The products are sent directly to your customers.
For years, Michael Masterson has been encouraging his readers to start a side business (preferably on the Internet) and develop multiple sources of income. Importing is perfect for this. And if you choose to take it full-time, there is plenty of potential.
In my China Wholesale Secrets program, I give you a step-by-step guide to getting started in this business. I tell you where to find manufacturers, how to get in touch with them and negotiate, how to find hot products and markets, where to sell your products online, and much, much more. In a nutshell, my program has everything you need to get in on this amazing opportunity.
Find out how you can become a charter member and claim your 3 free bonus reports.
[Ed. Note: Marc Charles is often referred to as “The King of Business Opportunities.” He is a regular contributor to Early to Rise, and The Liberty Street Letter. He’s written dozens of bestselling e-books, courses, and special reports on business and moneymaking opportunities. He recently launched the China Wholesale Secret Alliance.]