The old saying to shoppers “if you want to save shop around”, this old fashion phrase is not limited to your traditional shopping but virtually anything you are willing to pay for. As fellow entrepreneurs in online business the same applies to you.
Buying a product to resell
If you stumble on a product you have been seeking, don't rush into buying the first time, chances are:
The product is dated
In this situation it a total loss of income and who wouldn't be furious? It is wise to enquire how old the product has been on the market and when was the last time the product was upgraded. It will also pay to read reviews on the product before purchasing, this will save you a lot of headaches
Offered free somewhere else
Have you ever purchased a product only to find out that it is available free somewhere else. If you find yourself in this situation you are no different from above. It is definitely a loss of income as well. Check on the internet, do a search on the “Product+Free” and see the results.
Offered as bonus if you buy another product
You should always be on the look out for what I termed a “double score” in this case search for a product to see if it is being offered as a bonus some where else with other products. Because of customer perceived value 99.9% internet software and information products offer additional bonuses and you are bound to find the product you are seeking is given away as bonus or bundled with other products, wow what a win.
What strategies are available?
Bargain with the seller
Send a mail or phone to the vendor directly informing that you are interested in purchasing the product and you are willing to pay only a stated amount or to the nearest offer you are willing to pay. 99 out of 100 will reply with an offer. I personally was looking for a product which was advertised on the internet for $4,000. I sent a personal email to the vendor stating I wanted to become a reseller but I was willing to pay only $500, I had a reply saying $500 was below suppliers cost however they are willing to take $800. I was able to shake of $3,200 off the regular price. I was more than a happy customer I knew the potential earnings of the product was huge.
Check your business opportunity magazines
It is often perceived that people reading business opportunity magazines are more likely to buy and promote products. You often find that prices offered in these magazines are much lower than what is offered online. The prices on online are inflated to ward off curious people looking for freebies and be able to receive good leads from interested buyers.
Compare similar products
Don't forget there are competing products that will equally perform the same function. Look for the products compare features and how they will benefit your business.
Abrahm Hanson, is the founder of Global Business Resources –
http://www.findprod.com http://MotivtedProfits.comCopyright © 2005 Global Business Resources. All rights reserved.
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About the Author
Abrahm Hanson, is the founder of Global Business Resources –
http://www.findprod.com http://MotivtedProfits.com
