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 same applies to you.
Buying a product to resell If you stumble on a product you have been seeking, don’t rush into buying 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 product has been on market and when was last time product was upgraded. It will also pay to read reviews on 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 internet, do a search on “Product+Free” and see results.
Offered as bonus if you buy another product You should always be on 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 product you are seeking is given away as bonus or bundled with other products, wow what a win.
What strategies are available? Bargain with seller Send a mail or phone to vendor directly informing that you are interested in purchasing product and you are willing to pay only a stated amount or to 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 internet for $4,000. I sent a personal email to 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 regular price. I was more than a happy customer I knew potential earnings of product was huge.