Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.
WWW.BECOMEABLOGGER.COM
How to Make Money
Selling Physical Products
from an interview with Steve Chou
PHASE 1:
Doing the
Research
WWW.BECOMEABLOGGER.COM
START WITH
AN IDEA
DO YOUR
RESEARCH
Tools to see exactly how much
money sellers are making on
specific products within tha...
DETERMINE DEMAND OUTSIDE
THESE MARKETPLACES
Tools to see the search demand and
determine how easy it would be to rank in
t...
PHASE 2:
Getting the
product
made
WWW.BECOMEABLOGGER.COM
START
LOOKING
FOR
VENDORS
BUY A
FEW
SAMPLES
Sites to go to for overseas vendors:
Alibaba
Global Sources
Best option: Go to...
PHASE: 3
Selling the
product
WWW.BECOMEABLOGGER.COM
PLACE A
SMALL
TEST
ORDER
TRY TO
SELL
THEM ON
AMAZON
Place a small test order of
approximately 100 - 200 units.
Your goal i...
PLACE A
BULK
ORDER
Assuming everything went well in the
previous step, you're now ready to
place a larger order of over 50...
Sit back, relax, and
enjoy the ride
(hopefully)Wait and see how
your product sells
4
WWW.BECOMEABLOGGER.COM
Create your own
eCommerce store
If your product starts selling well
and you start making around
$1,000 per month, you'll w...
More on this at: WWW.BECOMEABLOGGER.COM
Upcoming SlideShare
Loading in …5
×
Upcoming SlideShare
Take Control of Your Sales Process By Building a Pipeline
Next
Download to read offline and view in fullscreen.

50

Share

Download to read offline

How to Make Money Selling Physical Products - Steve Chou

Download to read offline

Discover the steps to making money by selling physical products. Steve Chou shares how they were able to build a business selling handkerchiefs and linens for all occasions.

Related Books

Free with a 30 day trial from Scribd

See all

Related Audiobooks

Free with a 30 day trial from Scribd

See all

How to Make Money Selling Physical Products - Steve Chou

  1. 1. WWW.BECOMEABLOGGER.COM How to Make Money Selling Physical Products from an interview with Steve Chou
  2. 2. PHASE 1: Doing the Research WWW.BECOMEABLOGGER.COM
  3. 3. START WITH AN IDEA DO YOUR RESEARCH Tools to see exactly how much money sellers are making on specific products within that niche. Jungle Scout Terapeak WWW.BECOMEABLOGGER.COM
  4. 4. DETERMINE DEMAND OUTSIDE THESE MARKETPLACES Tools to see the search demand and determine how easy it would be to rank in the search engines (i.e. Google): Long Tail Pro (paid) Google Keyword Planner (free) WWW.BECOMEABLOGGER.COM
  5. 5. PHASE 2: Getting the product made WWW.BECOMEABLOGGER.COM
  6. 6. START LOOKING FOR VENDORS BUY A FEW SAMPLES Sites to go to for overseas vendors: Alibaba Global Sources Best option: Go to trade shows in China (not feasible for everyone). Why? to inspect the quality of the product. See if you can put your own spin on the product. Be specific as possible with how you want the product produced. WWW.BECOMEABLOGGER.COM
  7. 7. PHASE: 3 Selling the product WWW.BECOMEABLOGGER.COM
  8. 8. PLACE A SMALL TEST ORDER TRY TO SELL THEM ON AMAZON Place a small test order of approximately 100 - 200 units. Your goal is for them to sell out. If they don't, LIQUIDATE by listing them on eBay. WWW.BECOMEABLOGGER.COM
  9. 9. PLACE A BULK ORDER Assuming everything went well in the previous step, you're now ready to place a larger order of over 500 units. Boost sales by getting reviews. Paid services: GIVEAWAY REVIEW UNITS Snagshout Review Kit WWW.BECOMEABLOGGER.COM
  10. 10. Sit back, relax, and enjoy the ride (hopefully)Wait and see how your product sells 4 WWW.BECOMEABLOGGER.COM
  11. 11. Create your own eCommerce store If your product starts selling well and you start making around $1,000 per month, you'll want to... 5 Recommended platform: Open Cart If you're not tech savvy, some fully hosted solutions are: Shopify BigCommerce WWW.BECOMEABLOGGER.COM
  12. 12. More on this at: WWW.BECOMEABLOGGER.COM
  • jayquilley

    Aug. 24, 2019
  • AndresManuelOlivaresMiranda

    Apr. 9, 2019
  • MichelLouisclaudHoub2

    Feb. 9, 2019
  • Vhjkjh

    Jul. 26, 2018
  • Thrivehealthbiz

    May. 19, 2018
  • msacase

    Dec. 20, 2017
  • ellap10

    Nov. 3, 2017
  • ccuhsnick

    Sep. 4, 2017
  • EdwardEdgarMutasa

    Aug. 7, 2017
  • TheCBService

    May. 2, 2017
  • DavidMilberg

    Apr. 5, 2017
  • WilliamDoonan

    Mar. 1, 2017
  • abdullahalaghbary

    Feb. 5, 2017
  • conorkeegan2

    Jan. 21, 2017
  • BrianMiller25

    Jan. 15, 2017
  • AngelinaKardashian

    Nov. 21, 2016
  • Sivo630

    Nov. 16, 2016
  • Kreatifs

    Sep. 7, 2016
  • sheneselynes

    Aug. 24, 2016
  • salesintelligence

    Aug. 10, 2016

Discover the steps to making money by selling physical products. Steve Chou shares how they were able to build a business selling handkerchiefs and linens for all occasions.

Views

Total views

19,535

On Slideshare

0

From embeds

0

Number of embeds

3,009

Actions

Downloads

158

Shares

0

Comments

0

Likes

50

×