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chg Wrote:Questions (information available in individual posts in this thread as well)

What are some deal examples?

https://www.livingsocial.com/deals/5...-ipad-and-ipod

Cost: $0.68
23,035 sold

https://www.livingsocial.com/deals/8...ne-5-4-4s-more

Cost: $0.68
48,015 sold

http://www.eversave.com/shopping/zshoppe...proof-case

Cost: $0.97
785 sold (3.5 days left on this one)

Millions, really?

Absolutely! The method is simple.

For instance, Google the 10ft charging cable on LivingSocial. One deal, sold 48,000 units at $10/ea. We get those cables for $0.68. Even with the 50% commission that LivingSocial takes, that's still $4.32 profit on each... Making a total profit of $207,360 for just a single deal.

Sounds like 5 deals of that caliber and you'll have just made $1M!!!

What is the size of the two lists in the upgraded packages?

10 individual buyers at 10 different deal sites.

79 total deals sites in the master list.

Where did you get the individual buyer's contact information?

It took 4 years of doing this method before I had all of these contacts. 4 years of selling products, cultivating deals, etc. You can have all of my hard work, for next to nothing!

Are the deals listed above yours or are you successfully using this method?

I am bound by contracts with most of the deals sites... But I wouldn't have provided specific links if I wasn't proud of them!

How easy is it to get approved in the deal sites to sell products?

Very! Within a couple days you should be approved with most of the sites. There are a few harder to get into ones, but you don't need to be doing business with those yet. Stick to the ones that can start you off quickly and efficiently!

Do you outsource shipping?

Shipping is typically part of the deal with the vendors, and the usually throw in shipping for free.

Is shipping usually calculated separate from the product price so it does not eat into profits?

If there are shipping costs, those costs are added on to the deal price AFTER, which does not allow for effects on the profits.

Can this work outside the US?

You can do it from your underpants in Antarctica if you want to! This shows you exactly how to do the process from start to finish without having to put your hands on the products AT ALL!!

So you are saying that we will be able to list our product that we got cheap from China I assume on livingsocial for example? Dont you need to have registered business for this?

That is exactly right, you buy cheap and sell on any of the deal sites. You can usually do it without needing to be a registered business.

The deal site pays you out a portion right away, and the rest over the course of the next month right?

Quite a few of the sites in my master list pay at least 50% (or more) upfront. Some even pay 100% within 10 days. The way to make it work is simple... do 1-2 days with a site that pays at least half upfront, giving you plenty to fulfill the deal while still receiving some profit. Usually once the sites can see the tracking as delivered and no massive influx of return requests, you can ask them to release payment sooner (some release within 7-10 days, others within 30-45 days).

I didn't start this method with anything, and made substantial sales by starting with the right sites!

But listing on deal site always have link to site where people redeem voucher to get discount, and to see that price is higher there, how can you do this without online store.

No definitely not always! Actually, there are only a select few sites that do linkbacks and the rest do blind deals where the vendor is never published. A suggestion could be made to bridge the gap and do a "corporate" style 4-5 page site with basic information on your distribution business. I never needed to, but that was just me! Everyone can adapt and change this method to suit their own personal needs!

Hey chg, are items shipped from Asia to US or you have source for buying cheap items in US? I ask because, shiping from Asia takes a month to US and when buyers see that item came from Asia there could be a lot of chargebacks.

There are sources available from US and Asia. However, if you're doing the right negotiating with a vendor in Asia, they do DHL shipping free of charge and it takes 3-5 days to arrive!

Does deal site send us excel sheet with all buyers info for shipping and we forward it to our vendors, vendor ships and give us tracking info that we forward to deal sites?

They process the sales, then send you something called a "flat file". That file is a list of every person who purchased the items, what colors, how many, any variations, etc.

In most cases, when the vendor sends the file back to you with tracking next to each name, you just forward that to your buyer. The buyer and their tech people worry about uploading the tracking. Only a few sites allow you to do it yourself, and their systems automatically parse the information.