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Alibaba profit system


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How To Use Alibaba To Build Massive Online Wealth.
Learn how to successfully use Alibaba for your business.

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Alibaba profit system

  1. 1. ALIBABA SUCCESS GUIDE How To Use Alibaba To Build Massive Online Wealth
  2. 2. OVERVIEW – WHAT IS ALIBABA AND WHY DOES IT MATTER TO ENTREPRENEURS  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.
  3. 3. 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 particular.  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.
  4. 4. 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.
  5. 5. 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 information.
  6. 6. HOW TO REDUCE YOUR RISK AS A BUYER  Use Alibaba’s Verification Program which has several levels.  A&V Checks  Onsite Checks  Supplier Assessments  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
  7. 7. WHERE YOU CAN SELL YOUR PRODUCTS  Amazon (FBA)  Ebay  Offline  Craigslist  Local News  E-Commerce  Shopify  Hybrid (Build Your Own)
  8. 8. ALIBABA SUCCESS GUIDE: CONCLUSION  Sourcing Products from Alibaba can be profitable, but it takes being cautious.  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.