Thursday, May 20, 2010

ETR: Made in China

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Issue No. 3029 - $1.00

Thursday, May 20, 2010

Made in China
By Jason Holland

Your computer. Your shoes. Your sunglasses. Your cell phone.

Chances are, all of those products (and thousands of others you own or use regularly) were made in China. In today's essay, Marc Charles explains how this fact of everyday life is the basis of a tremendous opportunity for first-time entrepreneurs.

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"Small opportunities are often the beginning of great enterprises."

Demosthenes

You Don't Have to Be a Walmart…
By Marc Charles

I'm sure you've heard of the $1.2 trillion Chinese export market. It's where some of the largest companies in the world make their money. They buy products manufactured in China for pennies on the dollar... and sell them in the U.S. for a huge markup.

But you don't have to be a Walmart to get in on this opportunity.

I've profiled hundreds of successful entrepreneurs using this model. And they all started with limited or no experience and not much money.

How did they do it? They harnessed the power of the Internet to:

  • Research the hottest markets for Chinese goods

  • Find products and manufacturers

  • Sell to customers primed to buy

All this without maintaining a bricks-and-mortar store or a warehouse.

One entrepreneur imports "designer" sunglasses for as little as $.90 each and resells them on eBay, Yahoo!, Amazon (and dozens of other sites) for 20, 30, 50, and sometimes 70 times what he paid for them!

A husband and wife team started importing flags from China in 2001 and reselling them on the Internet. Today, they've expanded their offerings and are generating more than $25 million a year.

And a lady in California sells footed pajamas (yes, like the ones children wear) for adults. She came up with the idea and then found a Chinese company to manufacture them. These days, she's bringing in $1.8 million a year.

These entrepreneurs sell very different products but they all have these things in common. They...

  • Work from home
  • Work when they want to work
  • Earn a very handsome income
  • Use a particular website to connect with manufacturers (It's a secret weapon I reveal in my China Wholesale Secrets Program .)

And there's plenty of room for newcomers, whether you want to make this a full-time venture or a part-time gig. There are thousands of hot products available for import from China at deep discounts.

When I refer to a hot product, I'm talking about one that can be sold quickly and profitably on the Internet.

Right now on eBay, for example, products that appear to be hot are electronic gadgets (including cell phones, laptops, iPods, and iPads), fashion boots, backpacks, dorm decor, and other school-related items.

Another huge market is herbs and natural remedies. According to MarketResearch.com, the herbal supplement market in the U.S. exceeded $4 billion in 2009, and it's growing like wildfire. This morning, I found more than 1,900 herbal products offered by Chinese companies.

Not only are thousands of high-demand products being made in China, the recent currency turmoil works in your favor. I won't go into the economic details here, but one thing is certain. Most Chinese products will become even cheaper for importers in North America and Europe.

And know this...

One of the best things about importing (when you do it the right way, and I can show you how) is that it requires very little start-up capital. You won't have to buy a shipping container full of goods. Most manufacturers let you buy small quantities so you can test your market.

On top of that, an importing business doesn't require office space or employees. You don't have to deal with mountains of bureaucratic red tape. And with drop shipping, you don't have to maintain any inventory. The products are sent directly to your customers.

For years, Michael Masterson has been encouraging his readers to start a side business (preferably on the Internet) and develop multiple sources of income. Importing is perfect for this. And if you choose to take it full-time, there is plenty of potential.

In my China Wholesale Secrets program, I give you a step-by-step guide to getting started in this business. I tell you where to find manufacturers, how to get in touch with them and negotiate, how to find hot products and markets, where to sell your products online, and much, much more. In a nutshell, my program has everything you need to get in on this amazing opportunity.

Find out how you can become a charter member and claim your 3 free bonus reports.

[Ed. Note: Marc Charles is often referred to as "The King of Business Opportunities." He is a regular contributor to Early to Rise, and The Liberty Street Letter. He's written dozens of bestselling e-books, courses, and special reports on business and moneymaking opportunities. He recently launched the China Wholesale Secrets Program.]

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Sharon O'Day admits that she was skeptical when she signed up for our 5 Days in July Internet Business Building Conference three years ago.

After all, she says, "I knew NOTHING about websites or Internet marketing."
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What Are You Thinking of Right Now?

Are you upset about some perceived slight from a coworker? Annoyed by the e-mail you just got from your mother-in-law? (She's visiting next week... ugh!) Dreading this afternoon's staff meeting? (You just know you'll get stuck with extra work.)

If this sounds familiar... if negative thoughts -- one after another -- fill your day... you're not alone. As success mentor Dr. Srikumar Rao notes, this "mental chatter" fills most people's days. Dr. Rao has perfected a technique to banish this distraction from your mind and allow you to focus on what's important. Find out more here...


The Language Perfectionist: Still More Repetitive Redundancies

By Don Hauptman

On National Public Radio recently, I heard the words "news journalists." This is a quintessential redundancy. My hunch is that the commentator's intended meaning was "print journalists," in contrast to those who work in broadcasting or online.

Here are a few more redundant expressions I encountered recently in the pages of newspapers and online:

  • "Does it put a negative stigma on a company? I think the answer is definitely."

A stigma, meaning a mark of disgrace, is always negative.

  • "Snopes is one of a small handful of sites in the fact-checking business."

The word handful is a metaphor for something small.

  • "In it [a video game,] you can choose to control either the resistance or the machines and your mission is to completely annihilate your enemy."

The word annihilation means total destruction, so the phrase "completely annihilate" might be regarded as... overkill.

  • "Plenty of other examples abound."

The words plenty and abound both imply a large number.

  • "One day, acting on a sudden impulse, I bought a new shirt."

An impulse is by definition sudden.

Redundant phrases such as these (and hundreds of others) should be avoided because they add more words than are necessary, because they're often cliches, and because they make the writer look lazy or illiterate. Expunge them from your writing with "meticulous care"!

[Ed Note: For more than three decades, Don Hauptman was an award-winning independent direct-response copywriter and creative consultant. He is author of The Versatile Freelancer, an e-book that shows writers and other creative professionals how to diversify their careers into speaking, consulting, training, and critiquing.]


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1 comment:

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