The simple idea behind importing goods
I just read about these elaborate marriage proposals this weekend…
A guy spent four years traveling around the world lip-syncing The Proclaimers’ “But I would walk 500 miles, And I would walk 500 more…” to produce a video proposal for his girlfriend, whom he met in college here in the U.S.
Another prospective fiancé, this time in England, arranged for 50 acquaintances to dress up as zombies and chase him and his girlfriend as part of his extravagant proposal.
Other headline-making proposals have included finding the ring on a scavenger hunt, discovering it in a Chinese fortune cookie, carving the marriage proposal in a wheat field to be viewed from a helicopter, spelling it out in skywriting, and creating elaborately-choreographed song-and-dance routines in very public places.
Is all this really necessary? After all, the more elaborate the plan, the more likely that something will go awry, right? All you really need for a successful marriage proposal is a “yes.”
Importing goods can be unnecessarily complicated, too. It’s gotten a whole lot simpler and easier than it used to be. And it’s something you can easily do from home or on the road.
The trick is finding the right product — and understanding which products are already selling (and selling fast) — so you can hit the ground running.
Our Importing Fortunes program shows you how to do this. Here are a few tips in case you’re intrigued by the $2,000 to $3,000 profits you can make on a single import…
The idea is simple: Buy Low and Sell High, right?
Well, not quite. Not if you’re selling left-handed chicken stretchers or another obscure product that there’s little demand for.
No matter how little you pay for them, nobody’s going to buy them from you at a profit. That’s why it’s important to look, first, at what people are already buying and, instead, aim to import those items first. That’s when Buy Low, Sell High makes sense.
Here’s how you do it…
Go to top retail websites like Walmart, Target, and Best Buy and look at what’s selling best this week. You can do this by searching under sections typically titled: What’s hot… What’s trending… Best Sellers, etc.
See what’s selling. And take a guess at which items you think you can find cheaper overseas. (Hint: It’s not always China.)
Write your ideas down and stay tuned the rest of the week for what it takes to get them into the U.S. and out to customers at $2,000 to $3,000 profit.
And note: When you test the proverbial importing water with something small (say an import less than $50), it’s not very likely you’ll make $2,000 to $3,000 on your first try. One or two hundred dollars is much more realistic with these low-priced goods. Higher profits come after this first import is under your belt and you can buy more of something.
And here’s something else I want to point out…
This idea of Importing Fortunes is one of the fastest ways I talk about in this newsletter to replace a full-time income.
Sure photography and travel writing are fun. But a single photograph or a good travel story isn’t enough to provide you with a full-time income. With importing, though, a single product could be all it takes.
Brad never thought he’d find success in wedding favors. Marc had a hunch his ionic foot spas would sell for big profit but, of course, there were no guarantees. And Sarah never thought she’d find her success in hummingbird feeders. But they all did.
The key is starting slow and testing the water with something low priced first. Not jewelry and not food. You can expand to those items later after reviewing those sections of the program.
After that, you can expand by importing more of the same or testing other goods closely related (wedding favors to wedding veils… ionic foot spas to back massagers).
[Editor’s Note: Learn more about opportunities to profit from your travels (and even from your own home) in our free online newsletter The Right Way to Travel. Sign up today here and we’ll send you a report, Get Paid to Travel as a Travel Writer, completely FREE.]