Message from @Deleted User 57835c2c

Discord ID: 343122429767450644


2017-08-04 19:39:30 UTC  

it is when the middle class is still being depleted

2017-08-04 19:48:41 UTC  

incoherent waffle

2017-08-04 19:50:49 UTC  

so far 50% of the 20 manufacturers I emailed responded within 24 hours, and 80% of them sent me fairly reasonable emails

2017-08-04 19:50:57 UTC  

so I figure at this point it comes down to sample and quotes

2017-08-04 19:51:06 UTC  

see who can help Muh Margin the most

2017-08-04 19:57:08 UTC  

@fallot this essay was too long for my lunch walk but I will finish it then talk about it soon

2017-08-04 20:02:55 UTC  

alright

2017-08-04 20:03:13 UTC  

@Deleted User 57835c2c what are you doing about the possibility of being cheated?

2017-08-04 20:03:37 UTC  

I'm cumming into butt

2017-08-04 20:03:46 UTC  

I mean coming into butte

2017-08-04 20:03:51 UTC  

Montana

2017-08-04 20:04:41 UTC  

Butte is neat

2017-08-04 20:04:54 UTC  

it has the world's biggest open pit full of mining sludge

2017-08-04 20:05:11 UTC  

👌

2017-08-04 20:05:16 UTC  

@fallot taking measures

2017-08-04 20:05:21 UTC  

one measure is paying only 30% up front

2017-08-04 20:05:41 UTC  

another is the fact that a lot of this is off of Global Sources, which has higher standards than a joint like alibaba

2017-08-04 20:05:46 UTC  

you've read that 4chan post yes?

2017-08-04 20:05:50 UTC  

of course

2017-08-04 20:05:58 UTC  

alright, good luck

2017-08-04 20:06:02 UTC  

I know what morlocks are about

2017-08-04 20:06:23 UTC  

it may be worth their while to cheat you out of 30% is what I was thinking

2017-08-04 20:06:29 UTC  

so currently what I am selling will be for a goal price of $30, I can get them manufactured for like $6.50/unit so far

2017-08-04 20:06:41 UTC  

well the places I'm going through are brokers almost, they have a sort of insurance against that kind of thing

2017-08-04 20:06:48 UTC  

so in theory if that happened I would have recourse

2017-08-04 20:07:34 UTC  

so $6.50 per unit to the port... then probably another 0.6-1 for shipping... so about $7-8 to get my $30 product from China to the shipping warehouse

2017-08-04 20:07:49 UTC  

so hopefully I get a fat margin off this

2017-08-04 20:10:15 UTC  

what's the shipping cost from warehouse to customer

2017-08-04 20:16:53 UTC  

from warehouse to customer, I'm not sure but it's incorporated in amazon costs. I think that ends up being like another $7

2017-08-04 20:17:56 UTC  

I have to review my calculations but it's like... (price) - (shipping + amazon fees + ads) = margin. In my case that looks something like $30-(7+7+1)=$15

2017-08-04 20:18:22 UTC  

probably will end up more like $10 when all is said and done, stuff has a way of adding up, but making $10 on something that sells 1000 units a month is fine by me

2017-08-04 20:19:27 UTC  

it doesn't even have to be perfect, because I'm going to turn around and start another product as immediately as possible and repeat until ballin'

2017-08-04 20:20:06 UTC  

repeat until ballin' lol

2017-08-04 20:21:47 UTC  

literally is that

2017-08-04 20:22:43 UTC  

if it makes remotely that much money then I will buy more software tools to help me do this with less effort, thus be able to scale it up more easily

2017-08-04 20:23:32 UTC  

like crap that will calculate reorders for me

2017-08-04 20:25:45 UTC  

so my profit will momentarily go down due to the new expense, but then double as I add more products that I can now responsibly manage

2017-08-04 20:31:15 UTC  

one time, in my errant youth, I grew magic mushrooms

2017-08-04 20:32:12 UTC  

and the way I did it was so easy and scalable that i sold everything I grew for like $3000 to this dude I knew that was moving tons of drugs

2017-08-04 20:32:37 UTC  

and then I thought about how easy it would be to do 10 or 100 times that much and got freaked out and quit

2017-08-04 20:32:58 UTC  

it basically takes brass balls to have money