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Hi all.
I know a lot of you were on Friday's webinar because...
I saw you on the chat :)
There will be another on this Friday, and don't forget, it's your chance to ask Jon any questions you have... live.
Now, I told you about some of the people who are off and running with this, and I've talked with them and others.
If you've sent in an email that I haven't gotten to, yet... I should get all caught up today.
For my part, I've been working on 2 projects.
#1
We've been talking with a local person who private labels a product I'm interested in setting up for a subscription.
He's interested in the idea that we can create monthly subscriptions for his product, and is willing to actually drop ship it for us.
All I'll have to do is (a) get some graphics for the products (b) use them to create a subscription sales letter (c) give the sales letter to a CPA Network, and let them drive sales (d) maintain customer relations with buyers.
The one thing that might make us choose against this plan is that the profit margin will be quite small.
That's because we're not doing anything.
We're not buying the product, we're not importing it, we're not packaging it and we're not fulfilling the orders.
The shop owner will do ALL that.
The trade off is that they'll also make the lion share of the profit.
But that might be okay just to get our feet wet.
And if we build significant volume, the tiny profit can get pretty big, and it can happen pretty fast.
Risk?
Pretty much none.
We're not buying any product or shipping supplies, we're not doing any labor except create the website and contact the CPA.
#2
We are also talking to a drop ship manufacturer in the U.S.
We will white label the product, they will do everything including (if we want) the order fulfillment.
Everything else will be like the process I just told you in #1.
I don't know how this idea will stack up against #1 because I haven't gotten that far into the discussion with the manufacturer.
I've actually got a phone appointment to discuss the details tomorrow.
I'll keep you posted.
PS: If you're part of the Cash Hive coaching group, Jon and Kerrie are going to be wholesaling out and even doing drop ship and order fulfillment for some of their own product.
This will be a very, very interesting route to go, BUT you must be part of Cash Hive.
If you are, expect a survey today from Kerrie.
Fill it out and let them know of your interest.
If you're not in that group, get on Facebook and ask Kerrie if you can still get it.
I'm not sure how that works.
So... that's it kiddies :)
Let me know how you're doing with this.
Talk Soon,
Donna
-Donna & David- Whirlwind Success
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