This week we researched brokers, manufacturers and wholesalers as well as affiliate marketing and drop-shipping. It was a great introduction to all of those items, but I know I will have to go back and spend quite a bit of time on each of the subjects to really become knowledgeable about it. At least now I have a general understanding about them.
I was actually kind of surprised at how easy it would be to secure product to sell. Our assignment was to research sunglasses. As I was looking at all of the options available on AliBaba, I kept thinking about all the vendors at the swap meet in Hawaii. It was a huge swap meet, but we saw the same products over and over again. I bet most of them bought it from someplace like AliBaba. I could see how you could easily start a business based on purchasing product from a site like that and then reselling it.
While I enjoyed researching the brokers, manufacturers and wholesalers and I am sure I will use the information in the future.... I was SUPER excited to study affiliate marketing and drop-shipping. As someone who blogs and loves reading and following blogs, I have seen a great deal of affiliate marketing. There was a point when I contemplated trying to make money from my blog, but I wasn't sure how to get started and I wanted to make sure that I could control what products or companies were promoted on my site. I was absolutely shocked at how easy it would be to get started and by how many choices their are. The more I studied, the more ideas that popped into my head about people I know that might be interested in pursuing it.
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