Now you pass on that information to the retailers who asked for your wholesale price list. But first, you add 10% to 15% to the prices you got from the manufacturers. That's your cut for brokering the deal.
Here's the way your final agreement with both parties might look (an example I took from Marc's program):
Finish Line Inc. agrees to purchase 15,000 100% cotton T-shirts from [your company] at $1.95 each, plus shipping ($4,200), for a total of $33,450. This amount includes all taxes, fees, and insurance.
ABC Export Company in China agrees to export 15,000 100% cotton T-shirts to Finish Line Inc. [your client] for $1.25 each, plus shipping ($4,200), for a total of $22,950.
When this deal is completed, your profit would be $10,500!
In his program, Marc explains exactly how to approach the retail business owners. And how to negotiate to get the best deal from both your suppliers and the stores you're selling to. He even includes a template you can use when contacting business owners by mail.
Yes, your upfront investment can be a bit steep. But brokering these deals can be a very lucrative. And the market and opportunity for growth is huge.The United States is a nation of consumers. We love to buy things. And no matter how bad the economy gets, that won't fundamentally change. People will just buy cheaper stuff. And that's where you come in. Watch this...