Wednesday, July 9, 2014

Source for Products in Your Underwear

Work smarter, not harder. Efficiency is key.

Why should you waste gas when you can source for products from the comfort of your home in your underwear, PJ's, or naked (who cares, right)? Sourcing online has its advantages, but if you're like me, you probably have already checked Walmart.com and Target.com only to come up bust.

There are people who do all of their sourcing online. They don't fight the crowds or other scanners. They use their computer and their noggin to find everything they want and need. There are advantages and disadvantages to this approach.

Advantages
You don't have to leave the comfort of your home, put miles on your car, or pay for gas. You can avoid the screaming kids, and the lady who always knocks into your basket to get by. You no longer have to endure the odd stares, or nosy comments and questions about the contents of your shopping cart.

Disadvantages
You have to pay for shipping (unless you can find a coupon), and wait for the arrival of your products which cuts down on your time to get it into FBA.

Every time I looked online, I came up empty handed. One day I had an idea for a bundle, and headed to Walmart to pursue a specific home & kitchen product. I was surprised that I couldn't find this particular product at a reasonable price. I went home disappointed, but then I decided to do an online search. I had to go a bit deep, but I eventually found the item and a price comparison site. Walmart had the highest price! The lowest price was on a site that I'd never heard of. I went exploring.

And through this discovery, I had a major ah-ha. Everyone and their dog sources online at all of the well
known stores. If Walmart can sell it, so can Amazon. The reason I kept coming up bust on my online searches was because I was searching in all of the wrong places. This small site that I found has great prices, and lots of interesting products. I ordered my item, and filled my cart with other items. Then I bookmarked this site and created a folder specifically for online FBA sourcing.

What did I learn? Search deep and find small shops that not everyone in the free world has heard of. As you're searching: think bundles. I found an item sold by Amazon with a low rank. I knew that even with the low price this site offered that I couldn't make a profit. I considered making a multipack of 2, but as I scrolled down I found two complimentary items. Bundle!

My new goal is to find one or two new sites each week that the whole world has yet to discover. I'm searching for small mom and pop online shops with great bargains and quality merchandise. Before I order, I always look for a coupon code. Take the time to see how the site advertises. Like their Facebook page if they post their coupon codes. Sign up for their emails (use an email just for this purpose to keep your email from being cluttered). You can spend your time trying to beat all of your competitors to the Walmart clearance rack, or searching nomorerack.com like everyone else, or you could take the time to search for the elusive, smaller companies and get an edge on your competition.

Now I still like going out and about and sourcing. It's fun! But sometimes I get weary of not finding what I want (especially when I'm thinking about bundles), so I've turned to online searches while sitting in my pajamas and drinking my coffee.


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