I(Chris Bowser) do LIVE events all around the world, in the US, Canada, Europe, Asia, you name it. And not a single event goes by where I don’t have someone come up to me and ask me what the best products to sell on Amazon are.
News Flash…. There is not a single product that is best to sell. It’s not a simple answer. I can’t just say… start selling Vitamixes… those sell well. Or get your hands on Iphones… it’s really not that simple. Because, sure those products sell well, but what did you actually profit after selling them.
So what product is going to make you the most money online? Man do I wish I had that answer for you. Well, the best I can do is point you in the right direction, but you gotta understand that there is no one solution. I mean, just remember this motto, any product can make you money on an online auction site if you buy it at the right price and then sell it at the right price.
That may sound simple, but it really is exactly that! It’s all about finding products at the right price. And there are a million ways you can do that. But I’ll tell you the number 1 way…build relationships.
I swear, if you read this blog everyday you’re going to probably hear me say that exact statement a million and one times. Business is relationships. Think about it for a second. Don’t people all the time say “It’s who you know”not “what you know”. That’s exactly how business works. How I’ve made the most money selling online is solely due to the relationships that I have created.
Here’s my advice to you. You want to be the yes guy. You want to be the guy that says yes every time your seller asks you to buy something. It’s really simple. These are the steps involved if you want to find the products that make you the most profit online…
1. Find a supply of product. Whether it’s through the resources here on this site, or through that of any other site on the internet.
2. Test the supplier. That means exactly as it sounds. Call up the supplier and buy a small quantity of product. Ask them what their minimum is. If it’s an electronics reseller and he wants you to spend at least $500 in product… buy $500 in product. Then sell it on eBay, Amazon or any other online auction site.
3. Then call up the supplier and do it again. And again. And again.
4. After a little while, call up the supplier and ask them if they have any good deals coming in. And if they say they have one, buy it. You see, you want to be the “go-to” guy. The fact of the matter is that everyone is in business to make money. I mean, there can be a number of reasons that you’re in business. To help people, to better the world, you name it. But the fact of the matter is, if you’re not making money, you are going to go out of business. Your supplier needs to move product. The more product they move, the more money they make. And if you are the guy that always says yes, then he’s going to call you next time he has to move product.
When you become the go to guy, you are going to be amazed at how many deals come to you.