Let’s say you know how to market online. Perhaps its eBay, or maybe Amazon, or if you adhere to my advice, it could be your own eCommerce store.
Your next step is to look for products to sell. There are three main choices and I want to break them down for you at this moment.
Importing
The first option is to import your goods. You can visit websites like Alibaba and you could identify products to imports from, let’s just say China.
This is honestly how I commenced in business. Prior to drop shipping, I was importing products.
Arbitrage
The next option, which some people suggest, and I have no idea why it is called arbitrage. This is the process of going to local estate sales, flea markets, or garage sales to search for items that you could sell online for revenue.
I think this is just a waste of time and something that’s not really scalable in any way.
Domestic Suppliers
In my point of view, the most ideal option would be dropshipping. Do you recall that image we evaluated at the beginning of this section? Essentially, you’ll be looking for suppliers that have products to sell and they’re trying to find people to resell their goods for them (retailers like you).
Tools that improve the success rate
A powerful tool and one of the most popular tools for products and supplier search is SaleHOO, it is highly recommended and can increase your success rate significantly, it is a paid tool, but worth every penny.
Oberlo and Aliexpress
Oberlo is a Shopify app that helps you dropship items from Ali Express. It is probably the easiest way to start. We’ve made a full guide about how to use Oberlo Here