Hey guys it's me Rayyan Kashif back with a new blog in which I'm gonna reveal how people are making thousands of dollars in profit on a monthly basis off of Aliexpress with a very beginner-friendly business model.
So let's give it a shot I'm positive you guys are all familiar with the way Aliexpress works at first glance this platform is just like amazon where you can find products and just purchase them in a matter of seconds but here's the catch when it comes to Aliexpress most of these items will be sold from china meaning that if you were to purchase them for yourself you'd have to wait about one or two weeks in order to receive them which is a pretty long time compared to Amazon that's gonna deliver them in one or two days,
But here's the thing about Aliexpress what makes it stand out what sets it apart from its competitor platforms is the fact that you can actually find Bergens here you can find some really undervalued products and that is where the earning opportunity lies right because you can pretty much just snipe for all of these undervalued products and then sell them for a profit on other online stores, for instance, you could create your own online store using Shopify which would be just dragging and dropping after all At the end of the day, anyone can do it.
All you have to do to set that up is watch a youtube tutorial and follow those instructions and you're all set or you could just list your products on Amazon and that might actually work even better and here is why you see when it comes to building your online store the first part of the process which is actually building it is not that difficult you can just do it in a few hours however you also need the traffic to your website right in comparison when it comes to Amazon they've got a total number of 2.4 billion total visits on a monthly basis with a whopping 81 of that coming from the united states and if you've ever attempted selling products or services online you guys probably know that the best target audience on earth are people coming from the united states,
And so that is precisely what we are trying to do today moving forward we're gonna snipe for undervalued products once we find them over at Aliexpress we're just gonna list them on Amazon that way whenever somebody purchases that item through our Amazon listing all we gotta do is take our customers cash head over to Aliexpress and place an order and you can actually automate the process so you don't have to do it manually every single time because that wastes a lot of your time how can we actually do that in practice.
What kind of products are we going for what categories should we be focusing on one of the best features of Amazon is that it offers us some sort of insight it's to their best sellers more precisely we can actually take a look at the bestseller products on Amazon for each and every single category such as automotive or beauty and personal care books digital music electronics you name it you're gonna see the best sellers in that category, for instance, let's go for kitchen and dining that is a pretty good one if you click on that you're just gonna see the best sellers and this list right here is actually updated on an hourly basis meaning that you may always keep current,
And in case one new product becomes more and more popular you can take advantage of that right away because you're gonna know about it and just take a look here guys these are not unique products they are not necessarily something revolutionary something new to the market instead there are just some very useful gadgets and some very useful tools that people can use in the kitchen and that is precisely why they are being bought take a look at this one right here over 50 000 different reviews rating it at 4.7 stars out of 5.
Now that is an amazing rating and here are another 200 000 reviews with a solid 4.7 out of 5. now this is just a waffle mini maker right once we have determined that this is a best seller on amazon meaning there is actually a demand for it out there on the market and we don't really need to persuade anybody to purchase it they're already doing it what we got to do is find a very similar product on Aliexpress can we do it let's actually find out well just by typing in mini waffle maker you're gonna find an almost identical product and here's the thing this one right here is being sold for upwards to 47 in comparison.
This similar item on Aliexpress is being sold for 17 if you're anything like me guys you can already spot the earning opportunity here let's say you can grab this item off of Amazon for 30 dollars right that is the regular cost but instead we can purchase it for 17 on Aliexpress then list it on Amazon and whenever somebody purchases it, we can head back over to Aliexpress and submit our order now again it's gonna take some time and that is not the best thing because people are not very tolerant when it comes to delays,
If they are gonna wait for an entire week and then two weeks and still not receive the product they might actually ask for a refund and that is just going to ruin the whole process right you're not ending up making any money you might have to afford the shipping expenses and some other costs and that is definitely not a profitable thing but those are isolated cases this is all a numbers game so if we are talking about high volumes this is not going to be too much of a drawback.
But
guys here's the thing you don't
necessarily have to outsource all of
your products from china using
Aliexpress or Alibaba instead you could
do something a little bit smarter for
instance you could start using overstock
and you're gonna find items such as bed
and bath related ones home improvement
kitchen outdoor jewelry lighting there
are so many different items you can find
and outsource on this platform and again
you're gonna find some really
undervalued ones as well and as you
might expect you can then list them on
Amazon for profit this is pretty much
the same thing,
But in this case, you're
also saving some time because it will
not take that long for the product to
arrive to your customer, and now
typically speaking the profit margin is
going to be somewhere around 10 to 20
percent if you really wanted to keep a
solid 50 profit you would either have to
really max out on the price of your
listing on Amazon or you would have to
really search for the best bargains on
Aliexpress which is gonna take time and
instead here's what I would do I would
just find a good bargain on either
Aliexpress or overstock right something
that allows me to keep a decent 10 to 20
to even 30 profit margin and then I
would try maximizing my conversions
meaning that I would go ahead and pay
somebody else who's an expert in order
to engineer a high converting Amazon
listing,
You're gonna find these people
on any freelancing website there are
over 10 000 different services available
just for searching Amazon listing now of
course it doesn't mean you cannot just
download all of the pictures off of
Aliexpress and just repost them on
Amazon you can do that but most of the
times these are not well optimized and
your conversion rates will be quite
small so you don't want to do that
instead just by spending a few dollars
here and there and trying to maximize
your conversions in the long run you're
gonna see some better results.
That is
how you're maxing out on the profits as
well and if you want to take it one step
further and earn an extra five to ten
percent on every single purchase here's
one other thing you can do you guys can
connect to racketin.com and set up a
free account this is basically a
platform that offers you cashback
whenever you purchase items at one of
their partner stores that can be Nike or
Target or Walmart,
They've got a lot of
different options and as
you can see the commissions are pretty
good you can literally get an eight
percent cash back on every purchase that
you make over at nike.com and up to one
percent on Walmart and so on and so
forth now five to ten percent may not
seem that significant for one single
purchase if you're gonna purchase an
item that is worth twenty dollars and
you're getting a five percent commission
or a five percent cashback rather that's
pretty much,
Just gonna be one dollar
which is nothing it's not significant
but if we are talking about 100
purchases that are 100 bucks and that is
much more significant again we are
talking about a numbers game here
ideally you want to get multiple
different purchases on your amazon
listing and so here's how this process
goes in practice once you have listed
your product on amazon.
Whenever your
client submits their purchase and you
get the cash you're literally gonna grab
your customers money head back over to
Aliexpress and make a purchase and just
by using racket then as a middleman here
you're gonna get a percentage of your
money back so a cashback and they
actually support Aliexpress let me
actually show you I'm not just throwing
words around you can get a solid 2.8
cashback or 2.75 actually on Aliexpress,
And you can also get up to two percent
cashback when it comes to overstock now
of course these are not the best
cashback on the market but it's an
extra amount of money that you're
getting for free just for using this
tool it doesn't take any more effort
guys again if this is your first ever
attempt would highly advise you to spend
a lot of time trying to figure things
out and learn about how you can improve
those conversion rates by improving the
pictures improving the text you're using
the titles the tags things of that,
sort
basically improving your search engine
optimization score right and once you're
done with that the sky is the limit
there is no upper limit to how much
money you can make it takes time it
takes a little bit of effort but it's
all worth it in the end and the drop-shipping model is actually one of my
favorite business models out there so I
highly advise you guys to give it a try
and now see you next time with another informative blog until then don't forget to like share and comment. Thank You...
3 Comments
Incredible blog
ReplyDeleteThanks for this amazing information
ReplyDeleteBuddy you are doing a great job👍🏻
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