Overstocks - The Source Report
Transcription
Overstocks - The Source Report
The Source Report What Really Sells and Where to Find It September 2011 Disclaimer: All rights reserved. No part of this report may be reproduced in any form or by any means without the prior permission in writing of Broadway Publishing Management Ltd and Canonbury Publishing Ltd. Please note it is our intention to be as accurate in fact, detail and comment as possible. However the publishers and their representatives cannot be held responsible for any error in detail, accuracy or judgement whatsoever. All information is correct at the time of publication, however all businesses involve some risk and if necessary legal and financial advisors should be consulted before acting on any information outlined in this report. Neither the publisher nor the author shall be liable for any loss or damage caused or alleged to be caused directly or indirectly by the information contained in this report. All resources, tools and sources detailed are used at your own risk. Neither the author nor the publisher shall be responsible for the content of external websites. The appearance of a company, website or link within this report should not necessarily be taken as an endorsement of a company, site or its content. Subscription Office, Unit 1, Hainault Works, Hainault Road, Little Heath, Romford, RM6 5SS. Tel: 0208 597 0181 Fax: 0208 597 4040. Registered office: Canonbury Publishing Ltd. Curzon House, 24 High Street, Banstead, Surrey, SM7 2LJ. Registered in England No. 4765425 Vat Reg No. 811 5700 64 © 2011 Broadway Publishing Management Ltd & Canonbury Publishing Ltd –––– The Source Report –––– 2 September 2011 –––– The Source Report –––– Revealed Inside: Welcome ...............................................................5 Why You Should Consider Overstocks, Pallets and Liquidated Stock .....................................................7 Big Niches, Big Variety, Big Profits, Get in on the act with this proven research strategy ..........11 Just One Product From One Pallet Can Make You a Profit of £66.00! Read on to Find Out How......................37 Forget Royal Mail – Here’s a Hassle Free Way to Fulfil Your Orders....................................................47 Overstocks, Pallets & Liquidation Supplier List................50 Seasonal Bonus Product and Source: Think Ahead and Make a Potential £752.50 a Week From This Seasonal Must-Have...................................55 Finally .................................................................60 September 2011 3 –––– The Source Report –––– 4 September 2011 –––– The Source Report –––– Welcome Welcome to the September issue of The Source Report. This is your first taste of the new style quarterly issue and if you have been subscribing for a while you may be wondering what my reasons are for changing from a monthly to a quarterly publication, and it only seems fair that I explain! Over the past few months I’ve received lots of feedback about The Source Report and as the months have passed, I have always tweaked and adapted the layout, the content and the style to try and suit everyone because, at the end of the day, I want you to receive the information that you want to receive and that is the most useful to you. What has become evident is that I may have been inadvertently overwhelming you with products and information! This is the last thing I want to do and I’m sorry! So, you’ll be pleased to know that I’ve taken this on board and I can see your point; if I keep giving you products and niches every month, no sooner will you have got yourself sorted with one niche than the next one comes along! I recently received an email from a Source Report subscriber who thanked me for the number of fantastic products and niches I have provided, but his dilemma, he said, was where to start and what to go for. He had a complete backlog in his head of all the possibilities and simply couldn’t decide which of my suggestions to follow. As a result he hadn’t actually done anything yet! I really want you to take the advice I give you and actually use it. I want you to succeed and I want it to be a simple decision for you as to which direction you take and which niche and products you choose. As such, after a long discussion with my publishers, we came up with the idea of switching The Source Report to a quarterly publication. There are huge advantages to this. Firstly, you’ll have much more time to take action and get up and running with my suggested business blueprints, niches and products before my next suggestions come flying through your letterbox. Secondly, I’ll be keeping in touch with you more often with extra hints and tips. I’ll do this via email and will send you two emails each quarter relating to the blueprint, niche or products I’ve covered in the latest issue. I might send you extra supplier information, alternative product suggestions, or I might simply help you out with listing strategies for those products. Whichever, my emails will help you get ahead. September 2011 5 –––– The Source Report –––– To kick off the first quarterly issue I’m going to give you something a little bit special. It’s a complete business in a box and can be applied to any niche you choose. I’m going to give you the full details of how you can source continually low-priced stock that will sell online (and offline) all year round. My mantra has always been “Rinse and Repeat”. By this I mean research, source and sell hot products (preferably unbranded) over and over again at a fixed price. There’s less work involved and you can literally leave your business to run on autopilot. This is the business model that I have been using for the past six years and it’s one that gets results. I do know that this method isn’t for everyone though. Some people like the thrill of an auction, some people need a challenge and just don’t want to sell the same products all the time, some people only want to sell branded products and some people just want a bit of variety. So, you’ll be pleased to know that there is another way of setting up a business quickly and easily that anyone can do and that many online sellers are already doing. It involves a tiny bit more effort, a bit of research, creativity and a bit of thinking outside the box, but you can easily use this method alongside your other selling activities if you want to. I’m talking about sourcing and reselling goods that come from overstocks, liquidators and buying stock by the pallet load. And that’s what I’m going to cover in detail for you in this issue. You’ll find product suggestions, supplier details and all my background research so you’ll have plenty to work with and – importantly – plenty of time to understand this blueprint and put it into action! As always, it’s important you remember that the ideas, products and niches I recommend can be profitable for you on eBay, on Amazon and also on your own niche websites even offline via car boot sales or market stalls if you wish – this is especially true for the information that awaits you in this issue! I always recommend you use a variety of sales platforms to give you multiple income streams, so don’t just stick with one – you’ll make the most profits if you combine all of these. In short, you can sell these products and implement this business plan wherever you choose. Let’s get going... 6 September 2011 –––– The Source Report –––– Why You Should Consider Overstocks, Pallets and Liquidated Stock First things first. Let me explain exactly what I mean by these terms. Overstocks Overstock or ex-catalogue stock consists of goods that have never been purchased by a customer and are simply excess stock either from catalogues, stores themselves, or from warehouses. Overstocks will usually be of high quality, brand-named and in good condition because, after all, they were originally destined to be sold in shops. Ex-catalogue stock is just what it says. Surplus stock that hasn’t sold, customer returns, exchanges and clearance items. What happens is the catalogue companies have to get rid of this stock and so they sell it at ridiculously low prices. On the whole, catalogue companies don’t sell directly to the general public though. All this surplus stock is sold to wholesale contractors who then divide everything up into smaller lots and sell the lots to the trade at wholesale prices! The lots may have the following characteristics: • They may have discount stickers on them • They may show signs of handling • They are often de-labelled (this means that the inner labels or tags have been removed to prevent returns to the original store) • Some may not have packaging or may have torn packaging • In the case of cosmetics/health products/food the goods may be past their use-by dates or have very short dates • They may be dusty or creased That’s really nothing that can’t be handled though is it! The advantage being that you can pick up branded goods at hugely discounted prices in small or large quantities giving you the opportunity to pick up some really low-cost bargains to resell! With overstocks you can concentrate on sourcing smaller wholesale lots (rather than pallet loads which I’ll explain in a moment) the most popular lots being in the clothing, shoes and accessories niche. Pallets There are many ways of sourcing inexpensive products to resell as I have September 2011 7 –––– The Source Report –––– shown you in previous issues of The Source Report and you will notice that with wholesale suppliers, the bigger your order, the bigger your discount. It stands to reason that you will always get the best prices on wholesale goods when you buy in bulk quantities rather than buying single items. If you’ve ever heard someone talk about a “wholesale pallet”, you might have wondered exactly what it is! To put it simply, wholesale pallets usually contain goods such as customer returns, overstocks, cosmetically damaged goods (i.e. the packaging might be torn or missing) and out-ofseason stock. Companies such as liquidators buy up these stocks from high street stores like Argos, Tesco and so on and batch them together to create pallets. They then sell these on to people like you and me at hugely reduced prices giving you the chance to literally double your money. This is one of the most inexpensive ways for you to acquire items to resell and is a great opportunity to obtain branded stock at really cheap prices – as long as you don’t mind only having a few of each item at a time. Wholesale pallets or boxes usually contain a large quantity of products. When you purchase them, you get the entire batch of items at a greatly reduced price. Usually, a wholesale pallet contains a type of wholesale goods that suit a category so you can narrow your selection down. For instance, a lot could consist of electrical goods, clothes, tools or beauty products. So, for example, you might purchase a pallet of electrical goods and within your pallet there will be one toaster, one kettle, one MP3 player, two cameras and so on as part of the stock lot. Not all wholesale pallets will have the same identical items throughout. There are some pallets that include mixed merchandise but all reputable companies that supply pallets of stock will list exactly what’s in a pallet (this is called a manifest) so that you are aware of what you are purchasing. There are also companies who sell by the “box” rather than the “pallet” if a pallet is too much for you to store, so there are options for everyone with this. The beauty of purchasing by the pallet is that you can buy not just cheap, but really cheap stock and you can resell your products anywhere. It’s just as profitable to buy a pallet of stock and then sell the lot at a car boot sale or market as it is to list each product on eBay, Amazon or your own website, especially if you have items that are in demand. You can also buy “untested pallets” which can contain faulty or damaged goods (sometimes an item will not work, other times it might literally just have torn packaging) and are “sold as seen”. If you enjoying fixing things and are good at tinkering about then these are perfect for you. Sourcing pallet-lots of stock involving large quantities of goods most often falls into the electricals, nursery, clothing, household, furnishings and garden niches. 8 September 2011 –––– The Source Report –––– Liquidated stock Liquidated stock is exactly what it says! Stock from bankrupt companies is sold off in order to pay creditors. Trading companies simply buy up the liquidated stock at huge discounts and then sell it on again still discounted but having already taken their cut! You can often pick up liquidated stock for 10% of its original retail value so it’s well worth looking into. Once again, liquidated stock will be sold by the pallet or the box and can include products from every niche imaginable because, unfortunately, any type of business can go bust. You should get the idea about the kind of products I’m talking about now, and there are lots of niches you can go for with this strategy. I can’t cover all of those right now so I’ve chosen the electricals niche and the clothing, shoes and accessories niche simply because these are the two niches that I receive the most emails about and that most people want to start a business in! These are both massive niches, so to make things a whole lot easier for you if either of these are niches you would like to get in to, this issue of The Source Report will show you how to source branded clothing (not necessarily hard-core designer wear as I tend to steer clear of that) and branded electrical goods really inexpensively so that you can double or even triple your money. Sounds good, doesn’t it? Now before we continue, as I’ve said, this is not one of my usual methods, but I do know that this is a route that, when followed correctly, will produce big profits for you. There’s a little more work involved as there will be more listing to do. With clothing, your stock will change over the seasons and you’ll deal with different colours, sizes and so on and with electrical goods you’ll be looking at year-round sellers but in lots of different sub-niches. Why am I suggesting you do this now? Well, it’s a very valid and legitimate way of starting to sell online or indeed offline (at markets or car boot sales) or of growing your current business. This strategy is entirely suited to you if you are looking for a parttime opportunity – you just want to be able to source some products quickly, turn them around, make a good profit and carry on with your day job. You’ll easily generate a few hundred pounds extra a month using this product-sourcing strategy part-time. Full-time – well the profits are endless depending on how much time you dedicate to your business. As I’ve said, these items are mostly surplus stock and customer returns and that’s what’s so brilliant. Many of the different kinds of stock that I’m going to introduce you to will be absolutely perfect quality. It will be undamaged, brand new, with complete packaging. Exactly as it would be September 2011 9 –––– The Source Report –––– sold from a catalogue or in a shop. In other words, quality, new, highly resaleable stock. Other suppliers will offer untested stock and customer returns so you’ll get a bit of everything. As we continue, I’ll explain how each of these sourcing methods can work for you, give you some examples and provide suppliers of these goods so that you can get started immediately. First of all, here’s a little research into the two niches I’m covering in this issue... 10 September 2011 –––– The Source Report –––– Big Niches, Big Variety, Big Profits: Get in on the act with this proven research strategy... OK, as an example, let’s take a look at what people are searching for at this time of year in the clothes, shoes and accessories niche. Here’s the Google Trends data for the generic keyword “clothes” over the past 12 months: I’m concentrating on September, October and November, and you can see that although searches for “clothes” are steady throughout the entire year, there are definite peaks which I have circled above. We are currently coming into a new season which means buyers are more likely to be searching for specific items of clothing and so we need to narrow these down so that we know exactly what we need to source to catch the trends for the next few months. So, let’s have a look at the most popular keyword searches within “clothes”: September 2011 11 –––– The Source Report –––– As you can see, there are a whole array of search terms but they very broad – men’s clothes, women’s clothes, kids’ clothes, girl’s and ladies’ clothes. From this we can tell that clothes across the spectrum are being searched for, rather than just men’s clothes or kids’ clothes, but it’s still not a narrow enough search. are all clothes whole just We want to know exactly what the hot items within, for example, ‘women’s clothes’ are. This means we must narrow our search again. These are the results narrowed down for “women”: We’ve got: • • • • • • Boots Shoes Trainers Dress Jeans Coat And over in the “Rising Searches” section on the right-hand side you can see specifically that “high tops” and “Converse” shoes are popular as are “quilted” and “Barbour jackets” and “gilets”. From three simple searches we’ve already narrowed down the popular searched products on Google for clothes that women will be looking to buy in the next three months! This can be narrowed down further still, simply by choosing one of those products and digging deeper with our research. Let’s take “women’s jeans” for example. Google Trends reveals that the most popular searched women’s jeans are “skinny jeans”: So, “skinny jeans” is a particular product within our narrowed-down search. We started with clothes and narrowed that down to women’s clothes, narrowed further to women’s jeans and finally narrowed that down to skinny jeans. This is what’s called finding a niche within a niche or a sub-subsub-niche! 12 September 2011 –––– The Source Report –––– We can do exactly the same for any of the initial “clothes” searches. Let’s try it with men’s clothes now. First, narrow down the search to “men” and look at the keywords: We’ve got: • • • • • • Jacket Shoes Boots Trainers Jeans Watch And over in the “Rising Searches” we’ve got chinos, military boots, quilted jacket and high tops. The thing you might notice here is that both men and women are looking for high tops and quilted jackets. Once again we’ve narrowed down the search in a matter of a few clicks. Now let’s go deeper and look at a specific item just like we did with the women’s clothes. Let’s use men’s boots as an example: Wow! There’s a huge selection here from generic black boots and brown boots through to branded Timberland boots, cowboy boots and snow boots. If you wanted to you could go even further with this and narrow your search down to something like “men’s brown cowboy boots” which would be really specific! Do you get the idea? You can do these searches for any sub-niche within September 2011 13 –––– The Source Report –––– “clothes” in order to get specific data as to what’s really selling at any particular time of year. Google Trends is going to be one of your most useful tools if you choose to use the strategy of buying overstocks, pallets or liquidated stock as you’ll be able to see for sure whether the stock is worth buying. You’ll remember that we had a number of different sub-niches to choose from in our women’s and men’s clothes searches: Women’s: • • • • • • Shoes Trainers Dress Jeans Coat Boots Men’s: • • • • • • Jacket Shoes Boots Trainers Jeans Watch We’ll be using some of these research results later when we look online and uncover what’s selling right now and for what kind of prices. Before we do that, let’s go through the research for the second niche I’m covering: electricals... First let’s look at Google Trends for our second niche – consumer electricals: As you would expect, the popular products are iPods, iPads, LCD TVs, laptops and iPhones: Now normally I would be telling you to steer clear of any such items! But this time, and with the strategy I’m detailing in this issue, it’s a little bit different. 14 September 2011 –––– The Source Report –––– Why? Well because although you will still be competing against quite a lot of competition with these types of items, you’ll be picking them up at dirtcheap prices. What’s more, you’ll know for sure that they are the genuine article and not some knock-off fake product from China because you’ll be sourcing UK overstocks, returns and liquidated goods. The bottom line is that you’ll be able to place these kinds of items on an eBay auction listing, for example, gain buyer interest and watch the bidding fly up! Anyway I digress, more on that later. First I want to show you another couple of searches still encapsulating the electricals niche but this time we need to jump about a bit across the niches: These results are taken from the top Health and Beauty searches and are a great example because the products here fit really well with the typical kinds of products that you can pick up at overstocks or by the pallet! • Hairdryer • Beard Trimmer • Nose Hair Clipper • Hair Styler These are the types of items that you can source from overstock distributors who hold products from companies like Argos and Tesco – and I’ll tell you more about this later! Here’s what else is searched for on Google at the moment. We’re still looking at electricals but this time within the Food and Drink searches: Look! September 2011 15 –––– The Source Report –––– • Toaster • Kettle • Food Processor • Grills These are all exactly the sorts of products you can buy dirt-cheap by the pallet load, so keep these in mind for a little later when I show you your supplier sources. Once again, a few simple searches on Google Trends have provided us with a number of different products that buyers are searching for online right now. You can use this information in the next part of your own research to cross-check products against items on other platforms such as Amazon and eBay so that you know exactly what you are looking to source later on. Now, we’ll hop over to eBay Pulse to see what’s selling and to see whether any of these products match up with our Google Trends results and popular searches on the site. First, let’s check out Google Trends; my first search is within what’s called the Top Level category – simply Clothes, Shoes & Accessories. This will provide the most popular items searched for in this category as a whole: Immediately we can see that one of the search terms from our earlier Google Trend’s search is here: “dress”. And remember earlier a deeper search revealed “high tops” and “Converse”? Well, “Converse” also appears in this list and could apply to men or women so this is a great start. Now here’s one stage further: 16 September 2011 –––– The Source Report –––– The screenshot above shows my eBay Pulse search when I choose the subniche “Clothes, Shoes & Accessories”. In this case “women’s clothing”. What’s important here is that “dress” and “dresses” appear in this list, so once again can be deemed popular. And at this point you need to start taking note of the brand names that appear in this list. For example, here you can see Monsoon, Next and River Island. These are all high street brands that you are likely to find available from overstock suppliers! Let’s go one step more now and dig deeper still. This time the sub-subniche is “dresses”: So, from this you can deduce that within Clothes, Shoes & Accessories>Womens Clothing>Dresses the most searched-for brands are Monsoon, Karen Millen, Topshop, River Island and French Connection. When you come to do your supplier research you’ll know exactly which brands to look for deals on. You can do these searches on eBay Pulse for absolutely any niche or September 2011 17 –––– The Source Report –––– sub-niche – this is just an example and one that has confirmed that Converse Shoes, Monsoon, River Island and Topshop dresses are all popular right now. This method works in exactly the same way for other items of women’s clothing such as the jeans example I gave you earlier and will also work for men’s clothing too! It will work for any niche, you just have to remember to dig deep to narrow your choices right down to find the hot products. Now here’s my research from the men’s clothing section on eBay Pulse. We already know that “Converse” appeared in the top level searches, so let’s go straight to a sub-niche – “men’s clothing”: Just like in the women’s clothing you can see the popular items – in this case, for example, “jeans” which matches our earlier Google Trends searches for men, along with the most popular brands – Adidas, Abercrombie, Superdry and so on. Once again, let’s go one step further into a sub-sub-niche. In this example “jeans”: The further you dig the more specific results you find! OK, one final piece of research we need to do is over on Amazon. Here you can look at their “Bestseller” Lists to see what’s hot at any given 18 September 2011 –––– The Source Report –––– time. Amazon update their bestseller lists on an hourly basis which is extremely useful to you and here’s why... When you choose to look in any of the categories on Amazon, you’ll see these tabs at the top of the page: For example, with “clothing” here’s what you’ll see: This shows the overall bestsellers in “Clothing” but you can choose a sub-niche from the menu on the left – for example, women’s clothing, men’s clothing or children’s clothing. On this first page you’ll be able to see what’s bestselling overall within all these sub-niches as a whole, so if we look at a bigger screenshot of the page you’ll be able to see the arrows – either green or red – which tell you if an item is moving up the bestseller list or is going down. In the screenshot below you can see that Fruit of The Loom T-Shirts are going down, as are the cycling gloves because they have red arrows next to them, but the Premium Fruit of the Loom T-Shirts are going up as are the beanies as they have green arrows next to them! September 2011 19 –––– The Source Report –––– You can simply look through the bestseller lists and work out what’s popular and what’s slipping in popularity, what’s becoming more popular and so on. You can also see exactly how long a particular item has been in the top 100 bestsellers list – this gives you a really good insight into products that will sell all-year round. The other tab I recommend you take notice of is the “Movers & Shakers” tab. Here you can see exactly how much more popular or unpopular a product has become. For example, this Men’s Timberland Jacket has risen from a ranking of 1,728 to number 1! That’s a rise of over 86%: Let’s narrow down the niche – just as we did before using eBay Pulse – and see what the best sellers are over on Amazon. First, women’s clothing. Dresses, Shrugs and Lingerie feature heavily in the Top 20 bestsellers: 20 September 2011 –––– The Source Report –––– From our earlier research on eBay, we already know that dresses are popular and Amazon’s results confirm this. The results also tell you that “shrugs” and “lingerie” are also possible sub-sub niches to consider in women’s clothing. So you can add Wonderbra and Sloggi to your list of brands. Now let’s look at the men’s clothing section. What we really want to see are products that are similar to or tally with our Google and eBay research from previously. Well, we’ve got jeans at number 14: But not another pair in sight! That’s disappointing, but what is apparent is that underwear – socks, boxer shorts and T-shirts are extremely popular, so this is another sub-niche that you can consider for men’s clothing – especially if Amazon is your chosen venue: September 2011 21 –––– The Source Report –––– Now you know exactly which other brands to look out for when you are sourcing your overstocks – Levi’s, Calvin Klein and Timberland can be added to your list! I hope you can see how this works. The further you narrow your searches the better idea you will have of which brands sell. Now let’s use this research method in the second niche I’ve talked about already – Consumer Electricals. From our earlier research we already have an idea of what sells: • • • • • Toasters Kettles Food Processors Grills Hair Stylers But we do need to check these out on eBay and Amazon to get the bigger picture. First let’s go over to eBay Pulse. This is the Top Level category search, first in the Consumer Electronics Top Level category: 22 September 2011 –––– The Source Report –––– As expected, here we’ve got the inevitable iPod, TVs and headphones. But that’s okay because we’re going to dig deeper still, and not necessarily in the category that eBay class as “Consumer Electronics” – this is simply a starting point! Remember earlier when we gathered a list of products that were popular on Google Trends? The kettles, hair stylers and so on. Yes? Well, although eBay don’t class these as “Consumer Electronics” they most certainly are electronics items and are purchased by “consumers”! Whilst we can consider the iPods and headphones shown in the list above, once again we need to flit around the categories a little and check out what’s selling in, for example, the “Kitchen Accessories” category and the “Hair Care” categories. First, let’s go to the kitchen products. I searched in Home & Garden>Kitchen and these are the results: This is encouraging as “kettle” featured in the Google Trends results earlier. Now let’s dig deeper and search in Home & Garden>Kitchen>Small Appliances: A great result! Virtually everything we found earlier on Google Trends is showing here in these eBay Pulse results and we can see that one of the popular brands is Kenwood. September 2011 23 –––– The Source Report –––– Let’s hop over to the Hair Care section now and see what we can find there. This is Health & Beauty>Hair Care & Styling tools: As I expected, GHD features here. Before I go on, a quick word of warning: You will not find overstocks or pallets or liquidated stocks of GHD products. You may find “customer returns” but usually this will be one GHD product within a mixture of other brands. You will also not find genuine GHD products on any Chinese wholesale sites. Jemella Ltd, – who are behind the GHD brand, – only supply authorized distributors and have extremely strict qualifying criteria. If you find GHD products for sale at wholesale prices – especially on Chinese supplier sites then they are counterfeit. Please do not purchase! You’ll notice that “hairdryer” also features in this list, so that’s good as it fits with our earlier Google Trends research. To find out which brands are the most popular in this sub-niche simply choose Health & Beauty>Hair Care & Styling tools>Hair Straighteners: Now you know that Babyliss and Remington are popular brands. This is also 24 September 2011 –––– The Source Report –––– confirmed in the Health & Beauty>Hair Care & Styling tools>Hair Dryers subniche: This is all very encouraging! So far, most of my original Google Trends research tallies up nicely with what’s currently selling on eBay. But what about Amazon? Let’s go to those bestseller lists again and check out the results there. First, let’s look at the Health & Beauty>Personal Care bestsellers: Straighteners, Curling Wands and Hairdryers all feature in the bestsellers list along with men’s products too: September 2011 25 –––– The Source Report –––– So, it’s clear that in the Health & Beauty>Personal Care sub-niche, products such as those I’ve shown are the top sellers. Over in the Home & Garden>Kitchen & Home category we have Juicers, Kettles and Toasters amongst other electrical gadgets! These Amazon results show us that these kinds of consumer electrical gadgets are popular right now which, along with our Google Trends and eBay Pulse results, confirms that these branded products are definitely worth sourcing and selling! Let’s have a quick recap. Currently you know that these branded products are hot searches online: Clothing – Women’s: • Shoes • Trainers • Dresses – Consider Monsoon, Karen Millen, Topshop, River Island and French Connection • Jeans – Skinny Jeans – all brands • Coats • Boots • Underwear – Wonderbra, Sloggis 26 September 2011 –––– The Source Report –––– Clothing Men’s: • • • • • • • • Jackets – Timberland Shoes Boots Trainers Jeans – Adidas, Abercrombie, Superdry, Levi’s, Diesel Watches T-Shirts – Fruit Of The Loom Underwear – Calvin Klein Electronics – Personal Care • • • • Hairdryers – Babyliss, Remington Beard Trimmers – Philips Nose Hair Clippers – Philips Hair Stylers – Babyliss, Remington Electronics – Kitchen • • • • • Toasters – Morphy Richards Kettles – Philips, Russell Hobbs Food Processors – Philips Grills Juicers – Philips This is obviously just a small snapshot of the types of products and brands that are selling online from the research I’ve covered so far. There are far too many course, please feel free as I have shown here for that interests you. Just products and brands to go into in detail, but of to carry out this research in exactly the same way yourself if there is a particular product or brand follow my method step-by-step. You currently have 24 products here to look out for on your sourcing travels but, to be quite honest, most brands of clothing will sell on eBay as long as you create a great listing and price competitively. Fantastic! But where do you get these kinds of branded goods from at a decent price in order to make a profit? Don’t worry; I’ll be coming on to that later in this issue when I show you where you can potentially source these kinds of brands. First, to back my research up further, I want to show you actual recent examples of similar branded products in both the clothing and electricals niches that are selling well online so you are in absolutely no doubt that you can use the suppliers I will reveal later to source branded goods to resell and make a decent profit. With this being a special edition of The Source Report and the nature of this business blueprint being all about overstocks, liquidated stock and pallets of goods, I’m going to arrange things a little bit differently. September 2011 27 –––– The Source Report –––– With these types of products stock changes very quickly because obviously it depends on what is available on any given day. I’ve given you ideas of what to look out for and you can copy my research to suit your own ideas and requirements. What I will do now is provide you with some real examples of what’s available from a number of different suppliers of overstocks, liquidators and pallets and show you some potential profit calculations. 28 September 2011 –––– The Source Report –––– Bank £444.96 with These 3 Wholesale Lots... Sticking with my example of clothing – men’s and women’s – let’s have a look at an example supplier: Go to http://www.allstores-clothing.com This is a website where you can purchase overstocks from well-known high street brands at wholesale prices. The home page is shown below, and you can see the various categories on the left-hand side: For this example, I’m concentrating on “Women’s Clothing” and “Men’s Clothing” so all you need to do is look down the left-hand menu and click on the products to see what is available in “Ladies” and “Men’s” and clickthrough to see the sub-niches: September 2011 29 –––– The Source Report –––– The “Ladies” selection is shown above. Here I could click on “Dresses” and view what’s available. However, if you want to find a particular brand – perhaps one of the ones I researched earlier – you can simply enter this into the search box on the left. I searched for “River Island” because I know that it’s a popular search term online: And my search returned two results, both for products available at just £3.95 each and with a retail value of £24.99! Now here’s the same ladies top selling on eBay for £10.50 (I really didn’t expect to find it listed for its retail value of £24.99 because that’s the nature of eBay) with seven sold so far from a listing of 10: 30 September 2011 –––– The Source Report –––– At this price you will make £2.91 net profit on every item you sell. Here’s the full profit calculation for eBay: Sell at £10.50 + Free P&P Stock: £4.99 inc VAT and Delivery (based on an order of 48 items) eBay Fees: £1.04 PayPal Fees: 56p P&P: Approx: £1.00 Profit: £2.91 per item sold Sell all 48 and you’ll make £139.68 Not bad for an item that you paid less than a fiver each for in the first place. Here’s what else you can source in “Ladies” from this supplier: There are plenty of well-known high street brands available from as little as £3.95 per item (excluding VAT and shipping) so take a look around their website yourself and see what’s on offer. Now here’s an example in the “Men’s” category: September 2011 31 –––– The Source Report –––– Timberland Long Sleeve Tops are advertised for just £3.95 each (£4.99 including VAT and Shipping) with a retail value of £35.00. Or how about these Diesel T-shirts for just over £10.00 each including VAT and Shipping and with a retail value of £35.00: Diesel T-shirts can sell at over £20.00 on eBay, just like this one: The profit potential here is huge. Here’s the full eBay calculation: Sell at £23.79 + Free P&P Stock: £10.04 inc VAT and Delivery (based on an order of 24 items) eBay Fees: £2.36 PayPal Fees: £1.01 P&P: Approx: £1.00 Profit: £9.38 per item sold Sell all 24 and you’ll make £225.12 Not bad and it leaves you room for manoeuvre with the price if you don’t want to match another sellers price or if your designs are different to what’s already selling. 32 September 2011 –––– The Source Report –––– Each of these small wholesale lots contains the same product in a selection of sizes and colours. It’s very easy to list these items on eBay as you won’t have to list each size and colour separately if you use a Buy It Now listing. eBay have a great addition to the “Sell Your Item Form” so that you can specify all sizes and all colours of a particular item on just one listing. This is called a “multi-variation” listing. Your customer will simply select from the drop-down menu that will automatically be inserted within your listing when your item goes live, just like the example below: Your buyer will select the size and “colour” they require from the “Size” and “Colour” boxes at the top of your eBay listing. Don’t forget though that you don’t have to sell any of these products on eBay. You can just as easily sell these on Amazon or even offline at a car boot or market stall... You’ll find full details of this supplier in your Supplier List contained later within this issue. Now here’s another example: http://www.tradeclearinghouse.co.uk: September 2011 33 –––– The Source Report –––– This is a website where you can purchase ex-catalogue wholesale stock. As before, look down the left-hand menu and this time click on “products” to see what’s available: You’ll see the following page: Basically, you’ll see all the clothing sub-niches displayed, so simply select the sub-niche that tallies with your requirements and click through. For this example I’ve selected “Carton & Pallet Deals” and here’s a selection of exactly what I can source: Knitwear from £3.00 each. High street Branded Clothing (Next, Principles, New Look etc) from £2.50 each Chainstore Clothing from £2.95 each All of these famous names will do well on eBay! Alternatively, you can narrow your search and choose a particular product on this website so that you get the same product in a variety of sizes. Here’s an example of some skinny jeans, which we already know are popular from our earlier research: 34 September 2011 –––– The Source Report –––– These are available at just £4.74 a pair (including VAT). Over on eBay similar styles are selling for £9.95: Here’s the potential eBay profit calculation in full: Sell at £9.95 + £2.49 P&P (£12.44) Stock: £5.49 inc VAT and Delivery (based on an order of 24 items) eBay Fees: 99p PayPal Fees: 62p P&P: Approx: £2.00 Profit: £3.34 per item sold Sell all 24 and you’ll make £80.16 Either of these options is open to you – purchase a mixed lot or go for specifics. Once again, take a look around this website and match to your own requirements! As before, you’ll find full details of this supplier in your Supplier List later in this issue along with many more suppliers of overstocks, excatalogue stock and pallets! Now let’s move on to the electricals niche and look at some suppliers and comparisons there. September 2011 35 –––– The Source Report –––– 36 September 2011 –––– The Source Report –––– Just One Product from One Pallet Can Make You a Profit of £66.00! Read on to find out how... Now let’s have a look at an example supplier in the electricals niche. Remember earlier my research revealed kettles, toasters, mixers, hair styling products and so on as hot sellers? First go to http://www.gemwholesale.co.uk This is a website where you can purchase wholesale stock by the pallet and you’ll find full details of this supplier in your Supplier List later on. This is their current home page: As you can see, they have stocks ranging from footwear and furniture through to jewellery and electricals. So, electricals are what we are interested in right now. Click through from the menu and you see the page shown below: September 2011 37 –––– The Source Report –––– You’ll see that I have highlighted some important information which you must take note of because these goods are customer returns and may include damaged or faulty stock. That’s the nature of the electrical market I’m afraid BUT damaged can mean simply ripped or torn packaging and faulty can mean a very simple fault that’s easily fixed, so if you are at all a bit handy then this will pose no problem. If you prefer not to receive faulty electronics goods then simply choose a different niche – Gem Wholesale has many different categories to choose from! Choose “Customer Returns” and click through: You’ll see pages of different stock lots just like I’ve shown above along with the pallet contents, retail value and the price you’ll pay for the pallet load. Click “More Info” to see an image of the pallet close up and click “View Stock List” to see the entire contents of the pallet including individual retail values. Here’s an example: This pallet is being sold at £316.86 which is 15% of the goods total retail price. The actual retail value is over £2,000 and this is the stock 38 September 2011 –––– The Source Report –––– list for this pallet below. You’ll see that I’ve highlighted three items to use as examples – more on these in just a moment: Here you’ve got 30 items which will cost you £316.86 (£380.23 including VAT). Economy delivery is £40.00, so that’s a total cost of £420.23. That’s an average of £14.00 per item – and there are some great items in there. I’ve chosen three which are highlighted above which I’ll show you examples of and, importantly, I’ll show you your potential profits: First, the Delonghi Red Kettle: At this price, you can potentially make £39.96! Here’s the full profit calculation for eBay: September 2011 39 –––– The Source Report –––– Sell at £64.99 + £3.99 P&P (£68.98) Stock: £14.00 inc VAT and Delivery eBay Insertion Fees: 40p eBay Fees: £6.49 PayPal Fees: £2.54 P&P: Approx: £5.99 Profit: £39.66 I bet you’re interested now! Here’s another item. This time the Panasonic TG8524 Quad Phone: These are selling on eBay for just under £100.00. Remember, you’ve got one of these in your pallet and it only cost you £14.00. Here’s the potential profit calculation in full for eBay: Sell at £99.99 + FREE P&P Stock: £14.00 inc VAT and Delivery eBay Insertion Fees: 40p eBay Final Value Fees: £10.00 PayPal Fees: £3.60 P&P: Approx: £5.99 Profit: £66.00 And just so you’re really sure that this is not just pure coincidence, here’s a final item as an example. A Kenwood Mixer: 40 September 2011 –––– The Source Report –––– The potential profit on this one is £11.03. Here’s the full profit calculation for eBay: Sell at £29.99 + £3.99 P&P Stock: £14.00 inc VAT and Delivery eBay Insertion Fees: 40p eBay Final Value Fees: £3.00 PayPal Fees: £1.36 P&P: Approx: £4.19 Profit: £11.03 That’s a total net profit from just three of your 30 items of £116.69. Not bad, is it? You’ll find full details of this supplier in your Supplier List contained within this issue. Now here’s another supplier and example for you. http://www.stockgt.co.uk This website is a great place where you can source wholesale stock by the pallet – small pallets containing just a few items and large ones too. Product classifications include “Customer Returns”, & “Unused Surplus and “Untested Electricals”. This is their home page: The easiest way to find stock is to do a general search using the search box at the top right of the page if you have something specific in mind, or use the menu on the left of the home page to click through in to each category that you are interested in. Otherwise you can simply go through each pallet manifest to see what’s available! For this next example, using the electricals personal care theme, I chose “untested electricals” which returned the following 11 results: September 2011 41 –––– The Source Report –––– These are all marked as “untested returns” so don’t forget that some of these items may be faulty or have damaged packaging and you will need to check them thoroughly. As there are only 11 results, I looked through all of the available pallets which didn’t take long and found that Pallet GS21758 contained some really good products that tie in nicely with our earlier Google, eBay and Amazon research. This pallet is currently available at the time of writing but due to the nature of this website, stock will be constantly changing. Don’t worry though, there will always be offers available just like this example even if this one has been snapped up. Clicking through gives you a further link to the Pallet Manifest: And a further click reveals the contents of the pallet – the manifest itself: As you can see, you’ll get a selection of men’s and ladies electrical personal care products which I have highlighted above, along with other untested electricals. You’ll get 95 items in total for £331.50 plus delivery at £47.50. This is a total of £379.00. To make it simple, that’s just £3.99 per item! So let’s compare a couple of these items to what’s selling on eBay and work out the profit potential. 42 September 2011 –––– The Source Report –––– First the Braun Cruzer Z-60: This seller has sold 209 of these at £45.40 each plus postage, so immediately you can work out that these are in demand and will sell! Here’s the potential profit calculation based on the cost of the item being £3.99 as calculated above. Sell at £45.40 + £2.90 (£48.30) Stock: £3.99 eBay Insertion Fees: 40p eBay Final Value Fees: £4.54 PayPal Fees: £1.84 P&P: Approx: £4.19 Profit: £33.34 Not a bad profit, is it? Now let’s look at another item from the earlier manifest. The Ceramic Curling Tong. This will be a branded product such as Babyliss or Revlon: Here is a similar item selling on eBay for £20.70: This seller has sold over 500 of these so it stands to reason that you’ll be able to get roughly the same price for the one you have in your package as they are in demand and selling well! Here’s the full eBay profit calculation: September 2011 43 –––– The Source Report –––– Sell at £20.70 + FREE P&P Stock: £3.99 eBay Insertion Fees: 40p eBay Final Value Fees: £2.07 PayPal Fees: £0.90 P&P: Approx: £4.19 Profit: £9.15 per item sold (There are 10 of these in the manifest) That’s not bad at all is it? These are just a few examples of what it is possible to achieve from pallet loads of goods when you have done your research correctly. You’ll find full details of this supplier in your Supplier List contained within this issue. So, you have plenty to be going on with and I hope these examples have made it really clear to you that there are big profits to be made simply by buying clearance stock, liquidated stock, products by the pallet and excatalogue stocks. Before I move on to your Supplier List, please make sure you know exactly what you are buying when sourcing from liquidators, overstock suppliers and pallet dealers. Always read the terms and conditions and ensure you are aware of all the details such as any returns policies, shipping costs and, importantly, the actual condition of the goods. To help you, here’s a list of definitions: Definitions of terms when dealing with wholesale ex-catalogue stock, pallets and liquidation deals Customer Returns: Goods that have been sent to the customer and then returned. They might have simply changed their mind or it might not have fit or similar. These goods are usually as new. Read the small print and ensure you check for faulty goods. Wholesale Returns: Goods that have been sent back to the suppliers by the catalogue company. This could be due to surplus supplies. These goods will be in perfect condition and unopened. This is highly-resalable stock. B Grade Returns: B Grade products are found in the electronics niche. These goods usually are faulty, have a bit missing or are damaged. The actual damage or fault of B Grades can vary tremendously. Sometimes it might be a tiny scratch that you wouldn’t even notice, sometimes it’s only the packaging that is damaged and sometimes the product may not work at all. Check what you are buying before you go ahead with B Grades. Raw Returns or Untested Returns: This is unchecked stock that may be faulty or damaged or may be in perfect working order! It has not been 44 September 2011 –––– The Source Report –––– checked so the extent of any damage is not known. Overruns and Samples: Overruns are surplus stocks which were never sent to the companies they were intended for. Normally, a manufacturer or supplier will make or supply more than are needed as a back-up plan, just in case! These should be in “as new” condition, however, they may have no labels, tags or packaging. Samples are goods which have been used as demonstration models to buyers. Cut-throughs: This is when a name brand product has had its label removed (or cut-through). It’s most often a term you’ll associate with clothing and is usually applied to surplus stock. The labels are removed to avoid devaluation of the brand or cut-through to prevent fraudulent store returns. Finally, always read the small print – it’s there for a reason! September 2011 45 –––– The Source Report –––– 46 September 2011 –––– The Source Report –––– Forget Royal Mail – Here’s a Hassle Free Way to Fulfil Your Orders You may be wondering how on earth you are going to post some of the items I have given as examples – after all, you don’t want to be struggling to the Post Office with 20 different bulky parcels every day. Obviously clothing and footwear and smaller electrical items are easy to manage but larger items such as food mixers, hairdryers and so on are heavy and awkward, so let me give you a tip! There have been plenty of times in the past when I have looked at the pile of parcels stacked up waiting to go to the Post Office, and I’ve realized that I am going to spend half my day in there when I could actually be doing more constructive things than waiting for “Cashier Number 3 please”. I used to use SmartStamp – whereby I stamped all my parcels up beforehand then literally took them to the Post Office where I had an arrangement with the nice Post Mistress who would deal with them when she had a spare minute. Recently, however, my lovely local Post Office has closed down and so an alternative had to be found. Unfortunately, the alternatives are a) within a fairly close distance but distinctly unfriendly staff, and b) blooming miles away! So, I investigated courier services and came across this company: www.myhermes.co.uk You’ll need to register which only takes a minute, and they are eBay and Amazon-friendly. The great thing is that they will collect your parcels from your door and you don’t even have to be around when they collect. You can leave everything in a designated safe place, then go and carry on with all the other important things you need to do whilst they pick everything up and deliver it for you (within the UK only). September 2011 47 –––– The Source Report –––– It’s very simple to sign up and you can quickly get quotes online: Simply click “Quick Quote” in the menu on the left of the home page and fill in the details of your parcel. Here’s an example. I’ve chosen the collection and delivery of one parcel within the UK, weighing 2kgs (2,000g) with standard compensation of up to £25 and with no signature required: The total cost for this is £4.19 including VAT. Compare this to Royal 48 September 2011 –––– The Source Report –––– Mail’s costs for the same parcel: The notable differences are that Royal Mail will provide a three day service with compensation up to £46 as standard and My Hermes is a five day service with compensation of £25 as standard (unless you pay extra). But, it’s £7.18 to send a parcel of this weight by 1st class post with Royal Mail and £4.41 to send by standard parcels. That’s a saving of at least 22p which I know doesn’t sound like much but don’t forget you won’t have to drive or walk to the Post Office and you won’t have to queue forever when you get there, so the saving you make is in time not just money! You may find that lighter items sent with My Hermes do not work out quite so cost-effective, however you need to weigh this up with your time restraints. If it costs a little more to send a parcel, but gives you an extra hour a day when you can be doing something much more constructive than standing in a queue then it’s probably worth it! Likewise, if you need more compensation in place on a valuable item in case it is lost or damaged, or you like your buyers to sign for their items, you will pay a little more for this. Using My Hermes is simple. You book everything in online and you can upload multiple addresses so that all your parcels are collected and go off for delivery at the same time – it’s all very straightforward. The maximum weight of each individual parcel you can send is 15kg and the maximum length is 1.2m but this should be perfectly suitable for most of you! Also note that there are exclusions to the goods that they will carry for you – notably watches, white goods, laptops, TVs and jewellery. Please make sure you check their exclusions list before you go ahead. So, the logistics of selling bulky or heavy goods needn’t be a problem for you anymore. Now here’s that Supplier List you’ve been waiting for! September 2011 49 –––– The Source Report –––– Overstocks, Pallets & Liquidation Supplier List www.trademill.co.uk Company: MM Products Ltd Stock: Ex-Chainstore Clothing and Accessories MOQ: No Minimum Order Drop Ship Service: No Registration & Prices: Online – instant access Order Online: Yes MM Products Ltd 25 Pennygillam Way Pennygillam Industrial Estate Launceston Cornwall PL15 7ED Telephone: 01566 774464 or Fax: 01566 774464 Email: [email protected] ****************************************** www.tradeclearinghouse.co.uk Company: Trade Clearing House Stock: Ex-Chainstore Clothing MOQ: No Minimum Order Drop Ship Service: No Registration & Prices: Online – instant access Order Online: Yes Trade Clearing House Unit 1 Bushacre Court Garrard Way Telford Way Industrial Estate (South) Kettering Northamptonshire NN16 8TD Telephone: 01536 511990 or Fax: 01536 524266 Email: [email protected] ****************************************** 50 September 2011 –––– The Source Report –––– www.qclothing.co.uk Company: Q Clothing Stock: Ex-Chainstore Clothing MOQ: No Minimum Order Drop Ship Service: No Registration & Prices: Online – instant access Order Online: Yes Q Clothing Co The High Cross Centre Fountayne Road London N15 4BE Telephone: 0208 808 1111 or Fax: 0208 808 1010 Email: [email protected] ****************************************** www.allstores-clothing.com Company: All Stores Clothing Stock: Wholesale Ex-Chainstore Clothing MOQ: Min £150 Spend Drop Ship Service: No Registration & Prices: Online – instant access Order Online: Yes All Stores Clothing Unit 1E Moss Mill Industrial Estate Woodbine Street East Rochdale Lancashire OL16 5LB Telephone: 01706 769219 or Fax: 01706 650010 Email: [email protected] ****************************************** www.wholesale.lamaloli.com Company: Lamaloli GmbH Stock: Wholesale Disney Clothing MOQ: No Minimum Order Drop Ship Service: No Registration & Prices: Online – instant access Order Online: Yes Lamaloli GmbH Grandkaule 11 September 2011 51 –––– The Source Report –––– 53859 Niederkassel Telephone: +49 (0)2208 9217213 Email: [email protected] * Please note, this company is based in Germany but will ship to all European countries ****************************************** www.marthill.co.uk Company: Marthill Stock: Pallets / Containers of Electricals / Clothing / Exercise Equipment / DIY / Textiles and more MOQ: No Minimum Order Drop Ship Service: No Registration & Prices: Online – instant access Order Online: Yes Marthill Regent House Lower Regent Street Beeston Nottingham NG9 2DJ Telephone: 01159 259094 Email: [email protected] ****************************************** www.stockgt.co.uk Company: Stock GT Stock: Pallets – Electricals / Textiles / Clothing / Household / Gardening / Kitchen / Personal Care and more MOQ: No Minimum Order Drop Ship Service: No Registration & Prices: Online – instant access Order Online: Yes Stock GT Marlborough Mill Ridgefield Street Failsworth Manchester M35 0HJ Telephone: 0161 6811 444 Email: [email protected] * Visit their sister site for smaller quantities: www.gifttreewholesale.co.uk 52 September 2011 –––– The Source Report –––– www.gemwholesale.co.uk Company: Gem Wholesale Stock: Pallets – Mixed / Exercise Equipment / Electrical / Jewellery / Clothing / Footwear and more MOQ: No Minimum Order Drop Ship Service: No Registration & Prices: Online – instant access Order Online: Yes Gem Wholesale Drury Industrial Estate Drury Lane Buckley Flintshire CH7 3DZ Telephone: 01244 546920 or 01244 545834 Email: [email protected] ****************************************** www.wholesaleclearance.co.uk Company: Wholesale Clearance UK Ltd Stock: Consumer Electronics / Electricals / Toys / Clothing / Sports / Home / DIY / Cosmetics and more Drop Ship Service: No Registration & Prices: Online – instant access Order Online: Yes Wholesale Clearance UK Ltd Unit N Waterside Estate 25-27 Willis Way Poole Dorset BH15 3TD Telephone: 01202 668817 Online Chat Also Available Email: [email protected] ****************************************** www.ticpallets.com Company: TIC UK Trade Sales Stock: Pallets – Tesco / Toys R Us / BHS Returns and more MOQ: No Minimum Order Drop Ship Service: No Registration & Prices: Online – instant access Order Online: Yes September 2011 53 –––– The Source Report –––– TIC UK Trade Sales Homefield Road Haverhill Suffolk CB9 8QP Telephone: 08700 545415 or Fax: 08700 545416 Email: [email protected] ****************************************** www.stockshifters.com Company: E-Trader Group Ltd Stock: Electronics / Mobiles / Computing / Health & Beauty / Clothing / DIY / Books and more MOQ: No Minimum Order – Auction Style Site Drop Ship Service: No Registration & Prices: Online – instant access Order Online: Yes E-Trader Group Ltd Second Floor Alderman’s House Alderman’s Walk London EC2M 3UJ Telephone: 0845 1111 666 Email: [email protected] ****************************************** www.bargainstock.co.uk * Try here if you don’t want to order by the pallet load but would like some branded electricals! Company: Bargainstock.co.uk Stock: Single Items – Branded Electricals MOQ: No Minimum Order Drop Ship Service: No Registration & Prices: Online – instant access Order Online: Yes Bargainstock.co.uk 143 Hockley Hill Birmingham West Midlands B18 5AN Showroom Open Mon–Fri 11am–7pm, Sat 11am–6pm Telephone: 0121 554 4739 or Fax: 0121 270 2399 Email: [email protected] 54 September 2011 –––– The Source Report –––– Seasonal Bonus Product and Source: Think ahead and make a potential £752.50 a week from this seasonal must-have... Yes, I know it’s only September and I know it’s definitely not snowing and I know that there is nothing solid to suggest that we may get some snow some time in the next few months! But... With some products it’s very important to look and plan ahead, have a bit of insight, trust your instinct and hedge your bets. One of those products is “The Sledge”. For some reason, we are always caught unawares by snow in this country. When it happens – as it has quite regularly over the past three or four years – there is a mass buying frenzy, not only for bread and milk as people panic that the world is going to stop due to a flurry of the white stuff, but also for sledges! As soon as the snow touches the ground you can’t get them for love or money! I know this because it happened to me a few years back, much to the disgust of my two children. But I have learned my lesson since then and one year I ordered two brand spanking new sledges in October in anticipation of snow. I then had to sit and listen to constant questions about when the actual snow was going to happen but it turned out that it was actually a good move on my part because eight weeks later heavy snow arrived and off we went looking very smug on our shiny new sledges whilst others had to make do with a black bin liner! Anyway, what I’m saying is this: It’s never too early to get a good stock of sledges in ready for the season and I’ll tell you why. Not only do retail stores sell out of sledges when the snow is actually falling from the sky but wholesalers do too. In short, leave it too late and you won’t be able to cash in on this seasonal money-spinner. The wholesaler I’m going to supply you with in just a moment has a whole variety of sledges in stock right now. He’s actually had these sledges advertised since July so you’ll need to be quick because you can guarantee that in the next few weeks they’ll all be gone even though there is not even an inkling of snow. September 2011 55 –––– The Source Report –––– First let me show you when the top sledge buying season for consumers is: Unsurprisingly, it’s when it actually snows! Obviously most of us are not very good at planning ahead! Look at the trends above. Early in 2009 we had big snowfalls at the end of January and into early February. Then the same happened again at the end of December 2009 going into January 2010. I especially remember that year because my children’s school stayed closed for an extra 10 days after the Christmas holidays! And look at the end of last year – remember all that snow we had over Christmas? It all tallies up, doesn’t it. Now obviously neither you nor I are an actual weatherman or weatherwoman so we have no way of predicting when or even if it will snow, although going on previous years it is highly likely that we will see some snow between December and February. This means that if you want to jump on the bandwagon, you must have stock in place for this period in order to catch the buyers. It’s likely that all the usual stores will sell out – just as they do every year, and the only place sledges will be available is online. If you’ve got sledges in stock, believe me you’ll sell them because every man and his child will want one! There are currently over 4,000 results for the keyword “sledge” on eBay, and it’s only September. Don’t let this put you off though – these are the very sellers who will make a killing once the snow unexpectedly dumps on us in the night! Wouldn’t you like a slice of this too? Of course you would. OK, you need to take a little bit of a risk – after all, there’s always the chance that we may not get any snow this year at all – but sometimes 56 September 2011 –––– The Source Report –––– it’s good to take a punt and go with an idea just like this one. Do you fancy giving it a go? If so, here’s where you can get your stock of sledges from: http://www.davidssales.co.uk Enter the keyword “sledge” in the search box on the right of the home page and you’ll get two full pages of results for sledges – that’s 19 different styles. Prices range from £4.60 + VAT with free delivery. This one shown below is a huge one metre size and is available at £5.10 + VAT and free delivery making a total cost of £6.12 each: September 2011 57 –––– The Source Report –––– These are listed on eBay at £19.99 plus £4.50 delivery: And here’s the full profit calculation for eBay: Sell at £19.99 + £4.50 P&P (£24.49) Stock: £6.12 inc VAT and Delivery eBay Insertion Fees: 40p eBay Final Value Fees: £2.00 PayPal Fees: £1.03 P&P: Approx: £4.19 Profit: £10.75 per sledge sold Sell just 10 a day of these, which is easily achievable when it snows, and you’ll make £107.50 profit a day and £752.50 a week. Thirty days of sales will bring you £3,225.00. That would pay for a nice Christmas, wouldn’t it! Once again, you can use My Hermes to get these off to their destinations as they are within both the weight and dimensions range that they accept, so you won’t need to lug a load of sledges to the Post Office – just get them picked up whilst you stay in the warmth of your own home. This opportunity is waiting for you right now! 58 September 2011 –––– The Source Report –––– If you want even more hot products virtually guaranteed to sell, why don’t you let me teach you exactly how I find them for you... The technique I use to uncover your products and sources in The Source Report allows me to make up to £12,000 a month online – not bad for roughly two hours work each day (in the morning or the evening). I’m not trying to brag, I’m telling you this because I’d like to do even more to ensure that you enjoy the same success. Selling the products I recommend in your issue quarter month is a fantastic start point, and I hope you’re already beginning to see real success. But knowing my strategy for uncovering the products and sources will take your venture to a whole new level. Just think, a simple method that you can use every day to profit online. No stress of wondering if you’re “doing it right”, no trial and error and no wasted time or effort. 20% OFF It means you can expand your range of products fast. Plus: for Source Report Readers You won’t have to spend time researching the market. You won’t have to spend frustrating hours deciding which niche or product to go for. You won’t have to spend time trawling the Internet looking for suppliers for your chosen product. All you will need to do to find best-selling products for your own online or offline business is follow my lead. And all of this alongside the research I am already sending you in this report each quarter. Look, I’m so confident that this will work for you that I’ll even happily send you my manual, the Ultimate Product Sourcing Secrets, which contains everything you need to start making money RISK-FREE for a full 30 days to prove it to you. Let me know if you have any questions. To find out more and to register for your copy go now to: u p s s o f fer. c o . u k September 2011 59 –––– The Source Report –––– Finally Thank you for reading this issue of The Source Report. What you now have in front of you is a complete business blueprint centred around the sourcing and reselling of overstocks, customer returns and liquidated stocks, not to mention a great seasonal opportunity as a bonus. Your blueprint is one that you can use to launch a really successful business and you can take advantage of the niches I’ve covered in this issue, or you can choose a niche of your own. What’s important is that many of the niches you might choose to use this blueprint with are ones that attract year-round sales. Of course, you don’t have to stick to the products I’ve researched in this niche – feel free to adapt anything I’ve suggested to suit your own business or goals. And make sure you get the next edition of The Source Report to see how you can profit online. Until then, as always, I wish you the very best of success. Amanda O’Brien 60 September 2011