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Old 09-13-2011, 07:50 PM   #1 (permalink)
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Exclamation How to Capitalize on a Hot Product??

There's a certain new hot money-making product...say, hard liquor (!), but where do you go for manufacturers or wholesalers? How would you go about finding drop-shippers??

I need to know business basics like this. Is there some textbook approach here, or do people just go out and look at the label on the product and start making phone calls?

What if the sample you have is white or private-labeled; how do you determine the OEM then??

I can easily imagine setting up a simple website, but I need to source this product first, and get drop-shipping if possible since I don't want a ton of this around my place (hot though it is, it may fizzle and I might be stuck; besides, I need all the real estate I have!)....


Thanks!
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Old 09-13-2011, 08:58 PM   #2 (permalink)
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Does the company that makes the product have a sales department? They may be interested in directly drop shipping--which is NOT the case in every industry, but for some. So I would start there with a simple phone call inquiring about their product and how to get your hands on it.
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Old 09-13-2011, 09:50 PM   #3 (permalink)
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Just call whoever makes it and ask for their sales department and tell them what you want to do. If you don't know who makes it, google it. If no one knows who makes it, you're SOL.
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Old 09-13-2011, 10:16 PM   #4 (permalink)
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If there only one supplier for a product calling them directly might be the only option.
Otherwise Manufacturers, Suppliers, Exporters & Importers from the world's largest online B2B marketplace-Alibaba.com is a good website to find a supplier.
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I can easily imagine setting up a simple website, but I need to source this product first, and get drop-shipping if possible since I don't want a ton of this around my place (hot though it is, it may fizzle and I might be stuck; besides, I need all the real estate I have!)....
Most wholesalers don't engage in drop-shipping. If you aren't willing to invest into buying a bulk of the product yourself you will drastically reduce your profit margin.

You could for example be an Amazon affilate to sell the product.
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