ALIBABA SUCCESS GUIDE
How To Use Alibaba To Build Massive Online Wealth
OVERVIEW – WHAT IS ALIBABA AND WHY DOES IT MATTER TO
If you’d like to market physical products instead of information in
your online business, you need a selling idea and a supply.
Entrepreneurs can now source their products from China,
through internet supplier, Alibaba.
Alibaba is the largest e-commerce company in the world (even
bigger than both Amazon and Ebay).
Alibaba is the connection point between sellers from Asia and the
rest of the world.
The company’s catalogue is massive and has millions of products
from suppliers that number in the hundreds of thousands.
THE REASON ENTREPRENEURS LOOK TO ALIBABA
The primary reason that companies look to Alibaba, in general is
that they are looking to take advantage of the low manufacturing
costs of suppliers in Asia.
Typically, for the same kinds of items, costs are much lower than
suppliers in other industrialized countries, and North America in
However, there are other reasons that more entrepreneurs have
begun to look to Asia in general and Alibaba in particular.
Not all of those reasons revolve around manufacturing costs.
WHAT ARE THE ADVANTAGES TO USING ALIBABA?
Goods typically have low manufacturing costs
Suppliers on Alibaba will work with smaller entrepreneurs.
A substantial number of suppliers on Alibaba to work form in
most product categories.
In some cases, Alibaba Suppliers are the only ones who
actually manufacture certain items.
The product interface makes it easy to source Asian
Suppliers and purchase from them.
STARTING YOUR PRODUCT SEARCH
The process of buying on Alibaba is fairly straight-forward
You will browse product categories and search for what you’re
basically looking for.
There are two basic ways to conduct your searches
Search for items based on product descriptions
Search for items based on suppliers
What should you look for?
Product pages will give you information that will help you in your search.
You should consider taking an organized approach to evaluating
HOW TO REDUCE YOUR RISK AS A BUYER
Use Alibaba’s Verification Program which has several levels.
3rd Party Services in Asia which visit the actual factory and may
help you depending on how big your order is.
Ask lots of questions about their business and products
Get their business license
Get their actual phone number
Have Skype Meetings with your contacts
Ask for photos of the factor and sample products
WHERE YOU CAN SELL YOUR PRODUCTS
Hybrid (Build Your Own)
ALIBABA SUCCESS GUIDE: CONCLUSION
Sourcing Products from Alibaba can be profitable, but it takes being
In most cases, using all that the platform offers, plus a little common
sense will take you far.
Make sure that you’re over communicating and look for the same in
return from your suppliers.
Understand that there may be a different perception in your words and
actions that you might expect.
Be serious about verification and about using the protections that
Alibaba has in place.
Use common steps at all stages of the process: from contacting
suppliers to inspecting your products.