How to earn money with AliExpress
So you want to make money online? It is a goal that many people have and it can seem overwhelming, especially if you are new to the world of online businesses. Fortunately, there are hundreds upon hundreds of different ways to make money from your web browser, including the one we will be focusing on today: make money with AliExpress.
What is AliExpress
AliExpress is a website owned by Alibaba Group which specializes in Chinese products. The site allows anyone to make an account free of charge and make purchases as desired. Each product has a variety of prices depending on the quantity being purchased - generally speaking - higher quantities equal cheaper prices per unit. This makes it perfect for those who want to make some quick cash by reselling their wares or just need a particular product that would make their lives much easier.
Opportunity
AliExpress is an amazing opportunity for making money online and if you aren't already using the site, I highly suggest doing so. Even if you are using it, make sure to give this article a read because there are some tips on how to make the most out of your experience.
Why AliExpress is Great (Make Money)
Now that we have covered why AliExpress is great, let's jump right into it! Here are four easy steps for making money with AliExpress:
1) Make Your Account
The first step isn't one that will make you any money but it will make finding products MUCH easier after you start to make connections within the community. Generally speaking, anything under $10 will probably not be worth your time unless you make a bulk order for resale. The best way to make money from AliExpress is by reselling, so be sure to find popular products that have a decent price point.
Some good things to search for are:
- chargers and cables (easy items that people always need)
2) Find A Supplier And Make Your Purchase(s)
Congratulations! You've made it past all the boring stuff and have finally reached the part where you make money. Step two is where you will actually make some cash so make sure not to blow this opportunity by rushing or making a careless purchase. If done correctly, this could become one of your favorite sources of income; but if done poorly, it could make you broke and depressed.
When looking for a supplier, make sure to use multiple websites such as AliExpress, DHGate, and other sites that offer wholesale at cheap prices. Don't just purchase from one site because there may be better options on another site. This is sometimes the case where through proper negotiations with suppliers, customers can make their orders bigger and get discounts. It sounds like common sense but make sure to buy items that make sense! The last thing you want is to make a trip all the way to China only to find out that nobody wants your product because it's rare or not well-known enough.
Important Tip for AliExpress
Don't get me wrong; there are plenty of products that make no sense but still sell like hotcakes. For example, make-up brushes are incredibly popular with AliExpress retailers because these make great gifts. It's important to make your purchase(s) only after you make a connection with the supplier.
Build Trust on AliExpress
Trust is one of the most vital parts of this process and without it, your business can quickly get destroyed. If you make a purchase from someone who isn't trustworthy, they could easily take advantage of you by using low-quality materials or not sending out your order at all. This will make both the supplier and yourself lose money which is why it's so important to find people that have good reviews on wholesale platforms like Aliexpress.
Trustworthy Supplier on AliExpress
At this point, I cannot stress enough how is it important to make sure the supplier is trustworthy. There are always going to be newcomers who make a purchase and get scammed, which is why it's so important to make connections before making a big order.
Make Connection with Supplier
Once you make a connection with the supplier, make sure to make your purchase(s) as soon as possible. At this point, make sure that you have already tested out their customer service and have been given updates from them. If they have been giving you consistent information on time then it should be safe to move forward with placing an order. In most cases - if not all - the worst thing that can happen is that the product will come late but as long as you follow these steps, there shouldn't be any surprises.
3) Sell Your Product Online Or At A Local Event
Once you make a purchase, it's time to sell your product and make some money! The first thing that probably comes to mind is selling them online on popular platforms such as Amazon or eBay. While this is a good option, there are other ways to make more money from your product without having to deal with third-party companies. If you have a local event coming up - whether it's a yard sale or street market - make sure to use this as an opportunity for marketing. Tell everyone that will listen about your product and make sure not to price it too high because people may think it's too expensive. When the event concludes, make sure you go back and check how much profit your items made during the sale period!
Marketing
Of course, make sure to make the sale official by having a cashier for your event. There are plenty of apps out there that make it easy for anyone to make an "event" and keep track of people who attend. Nowadays, you can also use social media for marketing purposes by creating a Facebook page specifically designed to help sell your product while still making it public so that your friends can see what you have been working on.
Wholesale Dropshipping on AliExpress
If you want even more money from your purchase then consider investing in wholesale dropshipping. Once someone places an order on one of these sites, the supplier will ship directly to the customer's location which means all you have to do is sit back and calculate how much money was made! When done correctly, this process can make you make more money than other popular platforms - plus, there's no third party to make things less reliable.
Point to be noted on AliExpress
Don't make the mistake of selling too low or too high because doing so will make your store miss out on potential customers. You don't want people to think that your products are expensive - or cheap for that matter! - which is why it's important to keep track of prices and see what people are willing to pay. If you notice that similar products are doing better than yours then try raising the price but if they're not performing well after a period of time, lower the price until something works.
Make bigger Purchase
You need to make sure your product sells quickly enough before moving forward with placing an order. Try going for a smaller order if you're not sure about the product's performance because it may make more sense to wait and make a bigger purchase in the future.
Have a backup plan
As a last resort, make sure you have a backup plan in case things go wrong! This is a big deal because if you aren't able to sell your products then it would be pointless to make another purchase since your supplier will have second thoughts about working with someone who isn't responsible enough. In other words, make sure you keep an emergency fund just as a precautionary measure so that you don't find yourselves unable to place another order or give up on your business altogether. Remember that YOU are in charge of this process - at least until the order has been confirmed by the supplier! - so make sure every last detail has been taken care of including payment, shipping details, and delivery time.
Thanks:)
Regards
Babar Ali Khan.
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