The high-risk, high-reward world of selling random stuff on Amazon

Re:The high-risk, high-reward world of selling random stuff ... by choot on Tuesday October 16, 2018 @08:56AM (#18228941)

Lately, i use shopify and private label the stuff from China.

I sell exclusively through Facebook ads.

Around 20K per month revenue with 70% margin.

This is in UK only. I've no idea how to move product to the US and sell there.

I've not found any company which can take my products from UK and store it in a wharehouse in the US then dispatch them to address i specify.

Lemme know if you know about any such company.

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Re:The high-risk, high-reward world of selling random stuff ... by TaylorGood on Tuesday October 16, 2018 @01:50PM (#18231493)

I'm partner in a logistics/fulfillment company out of Los Angeles doing just this, primarily for e-commerce and Amazon. We receive pallets to our warehouse, repackage if necessary, store, then ship orders received via API's. My partners have been regularly in the top ten of Amazon FBA volume over the last six years. We have spent the last six months optimizing our systems. We prefer smaller sized items (no bikes for example) and ship an array including CBD products.

One of our clients right now is a cannabis accessories brand from Holland, so we are receiving pallets already from UK. My email is on my profile page and would love to help out.

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Re:The high-risk, high-reward world of selling random stuff ... by organicdude on Tuesday October 16, 2018 @11:50AM (#18230316)

Well you just partner with someone who lives in the USA. Have that person localize ads and strategies, figure out local fulfillment (there's always FBA in the USA). Test out products doing well in the UK and see if they'll work in the USA. From the way the UK health business I know do business, it's not a trivial translation from UK to USA. Drop me a line on reddit at /u/organicdude if you'd like to chat more.

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Re:The high-risk, high-reward world of selling random stuff ... by pbhjpbhj on Tuesday October 16, 2018 @11:19AM (#18230077)

If you can get a USA company to do store-and-dispatch for you, why can't the Chinese sellers do that in the UK?

Aside: I was looking at something, cables for a multimeter IIRC - cheaper shipped from China than the delivery cost from UK providers; I can't get my brain around that. It means Chinese shippers are getting cheaper shipping for the Euro stretch than local shippers? (Local providers aren't overcharging the shipping AFAICT).

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Re:The high-risk, high-reward world of selling random stuff ... by cosmie on Tuesday October 16, 2018 @11:41AM (#18230244)

Chinese shippers in many cases do get cheaper rates than local shippers. The Universal Postal Union sets rates between postal services for different countries, which are called terminal dues. I'm not sure what the terminal dues are for China -> UK specifically, but for China -> US, the shipping is much cheaper for posts originating from China to the US than from within the US to within the US. It's centered around China -> US terminal dues, but this article[1] gives a good overview.

This is also why you won't see many Chinese sellers shift wholesale inventory overseas. It might lessen the transit time from purchase to delivery, but would drastically increase their shipping costs.

[1] http://fortune.com/2015/03/11/united-nations-subsidy-chinese...

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Re:The high-risk, high-reward world of selling random stuff ... by ejo4041 on Tuesday October 16, 2018 @11:35AM (#18230187)

Related to the aside: It has been this way for a while. Check out ebay listings for < $1 USD shipped. Pretty much anything you could buy in a dollar store and more can be shipped to your door for less than a dollar if you are willing to wait up to 30 days sometimes. That entire inter-country shipping system is broken. From what I understand, they hand off the package with no fees going to the USPS. I believe it is that way for most tiny packages.

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Re:The high-risk, high-reward world of selling random stuff ... by cosmie on Tuesday October 16, 2018 @11:58AM (#18230404)

It's not that no fees go to the USPS, but the fees that go to the USPS are pre-negotiated by the Universal Postal Union (UPU), which is a multi-national organization within the UN that the USPS is a member of.

China is considered a Group III country by the UPU, which is a "mid level developing country". Other countries in that group include Brazil, Mexico, and Thailand. The US is a Group I "Industrialized" country. Shipments from a Group III to a Group I country equate to about $1 - $1.50 USD per pound (it's not a linear scale and per/lb rate fluctuates based on total weight).

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Re:The high-risk, high-reward world of selling random stuff ... by pbhjpbhj on Tuesday October 16, 2018 @02:09PM (#18231675)

That's really interesting; thanks for sharing.

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Re:The high-risk, high-reward world of selling random stuff ... by ejo4041 on Tuesday October 16, 2018 @10:19AM (#18229564)

If you want to wholesale to us in the US, we could do that for you. I'd be happy to discuss logistics and see if the numbers work for you.

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Re:The high-risk, high-reward world of selling random stuff ... by tyingq on Tuesday October 16, 2018 @10:10AM (#18229493)

Shipwire is popular in that space. If you Google search "shipwire", you'll also get ads for competitors.

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Re:The high-risk, high-reward world of selling random stuff ... by nannal on Tuesday October 16, 2018 @11:53AM (#18230353)

https://www.blackbox.cool/

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