1 / 20

Selling on Kijiji and other Deal Sites

Selling on Kijiji and other Deal Sites. A Comprehensive Method of Making Money. Introduction. About Past Products Electric Toothbrush Yoga Mats Toys & Electronics Roses Bedding Snow Removal No Money Needed to Start and Easy to do!. Deal Sites. Kijiji ( www.Kijiji.com )

aida
Download Presentation

Selling on Kijiji and other Deal Sites

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Selling on Kijiji and other Deal Sites A Comprehensive Method of Making Money

  2. Introduction • About • Past Products • Electric Toothbrush • Yoga Mats • Toys & Electronics • Roses • Bedding • Snow Removal • No Money Needed to Start and Easy to do!

  3. Deal Sites • Kijiji (www.Kijiji.com) • TeamSave (www.TeamSave.com) • Groupon (www.Groupon.com) • DealFind (www.DealFind.com) • WagJag (www.WagJag.com) • BuyTopia (www.BuyTopia.com) • Rdeals (www.RDeals.ca) • DealSnoop (www.DealSnoop.com) • WebPiggy(www.WebPiggy.com)

  4. Benefits of Selling via Deal Sites • Deal Sites Collect Payment (No Merchant Account) • No Website Needed • Immediate Access to Shoppers • Draws Traffic to your Site • Can Sell Add-ons and Consumables • No Issues with Packaging • Low Barrier of Entry

  5. Disadvantages of Deal Sites • Cheap Consumers • One-Time Customers • Damages Brand • Consumer Focus – No B2B

  6. Things to Consider The Formula for a Winner: (Product Cost + Importing Cost + Delivery Cost + Profit)x 2 = Great Market Price 1. Groups with higher discretionary income or liberal spending habits should be the target. 2. Buyer (Customer) is often different than the Ultimate Consumer. 3. Use yourself as a guide.

  7. The Process of Selling • Select Product/Service (The Formula) • Obtain Samples • Create Proposal • Present Proposal • The Purchase Order (PO) • Fulfill Order / Fulfillment • The Launch of the Deal • The Returns • The Parade

  8. 1. Select Product/Service • Websites (www.DX.com, www.Alibaba.com, www.ThinkGeek.com, www.Fab.com, www.MadeInChina.com) • Truck Rolls & Closeouts (Conference Method) • Media (Dr OZ, Magazines, Home Shopping Channel) • Trending Topics on Facebook, Twitter, & Social Media • Other Deal Sites • Blogs www.engadget, www.cnet.com/crave • Promotional & Free Items (Golf Digest Magazine) • Ask the buyer for hot products

  9. Bad Products • Perishable Items • Heath Claims • Items that are Digested • Items difficult to ship (weight and type) • Highly Labor Intensive Services • Services with Limited Scalability • Items with High Recyclable Content (Customs) • Clothing Items (Customs) • Counterfeit or Knockoffs • Firearms & Weapons TIP: www.canlii.com

  10. 2.Obtain Samples • Embassies / National Trade Organizations • Contact Manufacture Directly • Be professional • Have a basic website • Have a Company Registered with Bank Account • DUNNS Number (www.dnbexpress.ca) 1-800-463-6362 Note: Rev Can will inspect your first shipment.

  11. 3.Create Proposal One page document providing an overview of the specifications and price of your product or service (resume of a product) • Picture of the Product (in packaging and out) • Demand/Price Chart (Quantity & Price) • Outlined Terms (Support, Delivery Times, Returns) Issues to Consider – Late Delivery (Customs), Closed Business (China, Italy), Defective Products, and Liability Insurance.

  12. 4. Present Proposal • Email – Professional and properly timed. (www.yesware.com) • Mail – Perfectly written with clues. • Meeting – Yourself with business cards and a clean car. Aggregate Deal Sites -SideBuy (www.SideBuy.com), DealRadar (www.DealRadar.com), CakeDeals (www.CakeDeals.com) Tip: Fiverr.com

  13. 5. The Purchase Order (PO) The PO is a contract binding the customer (Deal Site) to buy with all the terms and conditions outlined in the document. All conditions must be honored and any issues might cause a fine or a cancellation of the order. PO Financing / Selling the Deal www.bibbycanada.ca & www.bdc.ca You are able to get a loan for the amount of the PO to fund the deal. Some organizations will also purchase the deal from you, if you wish.

  14. 6. Fulfill Order / Fulfillment Deal Sites might handle the delivery to the Ultimate Customer while others do not. Acquire the Ultimate Customer details for sale ($4) FSA Group (www.TheFSAGroup.com) Bright Ideas 905-884-9110 x 228

  15. 7.The Launch of the Deal • Obtain Statistics on Buyers • Ask for Data on Markets • Are the buyers the users? • Help drive traffic • Registration Cards

  16. 8. The Returns • Refund • Exchange • Support • Manufactures Defects • Performance Insurance • Poor Service Delivery

  17. 9. The Parade • Sell Your Professionalism • Sell Your Thinking • Sell Additional Products • Sell Related Products • Sell to Other Deal Sites

  18. Coupons • Kijiji Coupons • Groupon Coupons Easy and Cheap way to drive buyers to your website

  19. Questions? Comments? Andrew Kapoor 1-888-794-5657 Andrew@KapoorInc.com

  20. Thank You Thank you for coming to this presentation. Please come to future presentations that will cover a wide range of topics. Also please post your comments about this experience to www.MeetUp.com/mind-SHIFT Details about the group project will be released shortly. Please mingle.

More Related