Re:Ask HN: Successful one-person online businesses?
by FT_intern on Thursday January 05, 2017 @01:32PM
(#13329894)
Is it feasible to get your own warehouse storage, go direct with manufacturers and buy wholesale instead of just reselling Aliexpress items?
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Re:Ask HN: Successful one-person online businesses?
by adpoe on Thursday January 05, 2017 @01:57PM
(#13330199)
I can't definitively speak to that, because I've never tried -- but if you have the capital, then it should be doable.
AliBaba (as opposed to the "express" version) is generally used for buying direct from manufacturers, and there are other sources, as well.
If you order from AliBaba, many manufacturers will put your branding on items, and you can do custom orders as well--if you have a design for a new item. However, they usually have minimum order quantities (MOQ's) of 500+. So you'll be out a few thousand dollars to get started, even for a cheap item.
I haven't done it, simply because it's very expensive to get started, but I've read some blog posts from people who've done what you're saying.
The biggest selling point of AliExpress and drop-shipping is that it's low-cost to get started. You can build a business with only about $250 of capital. (Or less.)
Re:Ask HN: Successful one-person online businesses?
by robryan on Friday January 06, 2017 @03:07AM
(#13334682)
Depends what you see as your competitive advantage. Of course it is easy to be seduced by the possibility of big margins in scaling up like that. If you are a software developer looking to run a solo or small business though you are suddenly spending most of your time doing deals and managing warehousing and inventory.