Kid Comet Money Make Thread (The Power of Dropshipping)

[KidComet]

Okay so basically I get bored and study the market and see how people make money online a lot of times.

Today we are going to look at what we call dropshipping.
Dropshipping is a pretty simple method, of selling something to a customer, but buying it for cheaper.


I know you guys are famailiar with these boards here





We all seen celebs with one, which made a lot of people want to go out and get one,

the thing about these boards is, they are manufactured in china, and nobody actually owns the the license of these baords

so what a lot of smart people started doing was dropshipping these boards to customers

They knew people wanted these boards because of the celebrity status


so what they did was


go here


http://www.alibaba.com/product-detai...0.1.fAxhRq&s=p



China Manufactures these for very cheap

So what they do is buy it for 175

then


if you got to
Level Board - Blue (Same as IO Hawk, Phunkeeduck, Skywalkers) | Level Board LLC. - Level Boards, Self Balancing Boards (Like IO Hawk, Phunkeeduck, Skywalkers)


You can see that this guy is selling it for 400, + shipping ,

he is getting about 350 profit on each board he sells



All he needs to do is sell 1 a day

thats it


if you sell 1 per day


lets do the math


350 x 7 = 2450 weekly


7350 monthly


But he sell more then 1 a day im sure, but im just giving you the bare minimum



However I think This market of "level boards" is very saturated already, there are a lot of people doing the same thing and trying to get a piece of the pie

All they do is add their own brand to it

levelboard
iohawks

etc etc



So todays lesson


Find a product thats hot , outsource it from china, have a profit margin that is high

and bank

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also to interject

this greedy nigga here is selling his shit for for 2000

http://iohawk.com/



All he needs to do is sell 1 per WEEK and he will be making good money

so the differene between iohawks and levelbaord

one decided to price their margin so fkn high that even he didnt sell one daily, he could easily make up for it with just 1 sale


part 2 coming soon

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Also just to inteject


You might have to pay for advertising of course, but you will still be in the profit range, if you spend like 50 bucks on advertising per day via facebook or whatever place you choose

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Also, to add more

When you start getting good money, you can pay like a class c celebrity who has 1 million followers on ig to shout out your company, ur gonna have to send him a free board, so ull lose 180 bucks but on the plus side, ull get potential customers

[Lucifer]

finally a good thread my brutha

[lilwayne-carter]

its a good tip but this shows how many stupid people are out there. i would never pay so much for one of these when they go for so cheap

[Waynasite]

Christmas is in a month so whoever does this will get hella bank $$$

[KidComet]

Christmas is in a month so whoever does this will get hella bank $$$

ima do it fk it, theres about 7 companies that are already established , but if i put my cost lower, and make a good brand i can steal their customers

idk what to name the brand tho

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Scratch that, after looking at the market, this is too saturated,
ima do another product tho, with good margins that is gaining popularity right now

[Lil wayne prezident]

ima do it fk it, theres about 7 companies that are already established , but if i put my cost lower, and make a good brand i can steal their customers

idk what to name the brand tho

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Scratch that, after looking at the market, this is too saturated,
ima do another product tho, with good margins that is gaining popularity right now

like what?

[Flame Beats]

edit:

I actually read the thread now. Nice!

[Vocker]

Honestly this is a good thread for future investments lol...

much btter than the illuminati threads...atleast you learn something instead

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Christmas is in a month so whoever does this will get hella bank $$$

I think you need a good understanding in like catering items.

Also need a lot of communication from your side....

[MarkoMaxX]

This is good way of making money, but you gotta have some money to invest first.. You can't buy only one board and start company you gotta but at least 10, so you can have it ready and not wait 30 days for it to get delivered from China lol

[YMCMB357]

much btter than the illuminati threads...atleast you learn something instead

Indeed

I'm already looking forward to Part 2 [MENTION=60086]KidComet[/MENTION]

[WeEeEeEzZzZyYy]

money making comet

comet making money

[WeezySVK]

Scratch that, after looking at the market, this is too saturated,
ima do another product tho, with good margins that is gaining popularity right now

Like ?