October 7th, 2009
by Richard Sampson
Hello people,
You’re all doing great out there in the product sourcing world? I hope so!
We’re often asked here at MoshenARTE HQ the question ‘what should I sell for a profit?’ There are literally THOUSANDS of potentially correct responses we could give to that question. This is the kind of question people ask when they’re just starting in the industry or have encountered what they consider to be an endless line of dead-ends.
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July 3rd, 2009
by James Devries
It’s now been a couple of weeks since the last post, but true to our supplier’s estimations the second round of design #2 samples came in this week – reflecting the changes required. The changes were made exactly as required and we are all happy to know that we now have another sellable product on our hands.
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June 15th, 2009
by James Devries
Last week was a huge week for the project! The first-round samples of the initial design arrived from all 3 suppliers, with 2 of the suppliers actually sending the sample of the 2nd design as well. Talk about impressive and fast!
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June 2nd, 2009
by James Devries
In waiting for our first round of samples to come through, our partners have had a chance to show some retailers and distributors sketches of our design. Any feedback we can gather will help us in this manufacturing journey and hopefully give us confidence that we are heading in the right direction.
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May 24th, 2009
by James Devries
In a continuation from the last post, our sample production transaction began with proforma invoices received from all of the suppliers in either excel spreadsheet or PDF formats. It’s important to check and double check the invoice and delivery details, making sure you’ve included a telephone number as sometimes customs won’t process incoming packages without sufficient details.
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May 19th, 2009
by James Devries
The past few days have been busy to say the least, and we are juggling our work and communications knowing full-well weekends are generally a no-go zone, but for the most eager of suppliers.
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May 15th, 2009
by James Devries
The meeting went amazingly well, and we’ve all agreed to go the manufacturing route. Since the last post, we have received several good leads, giving us more reasons to follow the manufacturing side. The prices we are currently being offered far outweigh the any potential brand power reselling may offer and to be honest, the creativity offered by manufacturing and branding as opposed to reselling in this case has us all excited.
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May 12th, 2009
by James Devries
We’ve actually received a couple of responses today, from the hundreds of emails sent out yesterday. It is actually quite early to expect any kind of response, and whilst we haven’t heard from many retail stores as yet, there have been quite a few lightning-fast replies from manufacturers, particularly in the Asia region.
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May 11th, 2009
by James Devries
Ok, so to give you a run-through of the project, we are being asked to participate in a joint venture which requires us to source a particular style of winter jacket for sale in our partners given market. We are assured that the distribution and post-sourcing sales of the units will be taken care of, assuming we can source the product at less than $50 per piece, delivered and included any taxes that may be charged.
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May 8th, 2009
by James Devries
Product sourcing isn’t only about finding products from wholesale suppliers at cheaper prices and reselling them for profit. It can also involve contacting manufacturers and bringing to life ideas you may have and selling these somewhat unique items and branded them for sale in your own specific market.
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