How I Source Products as CHEAP as Possible

  Рет қаралды 35,335

James Sinclair

James Sinclair

Күн бұрын

How to source products from around the world as cheap as possible so you can make as much profit as possible.
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In this video I share how I source products from around the world to save my business thousands of pounds. This works for products you want to sell onwards and make profit but also for consumables in your business which you might be spending too much on. This is how I source products as cheap as possible.

Пікірлер: 61
@josephfitzsimmons7504
@josephfitzsimmons7504 Жыл бұрын
Don't have a business or anything like that but really enjoy the videos and the insight in to this sort of thing. Keep up the good work James!!
@seanchristopherjohn
@seanchristopherjohn Жыл бұрын
Alibaba is great. They're also always willing to negotiate on price either on goods or shipping obviously if you're poliet ect. Also lots of items which have a low MOQ too for start ups like 100 items ect. Great videos as always! :)
@gwenyngruffydd
@gwenyngruffydd Жыл бұрын
Great video, and as a business we do import direct from the far east too. But where we can buy things made in the U.K. or EU even if it’s more expensive we do every time. The quality of U.K. and EU made stuff is far superior. And I found it’s easier to do business with them and they look after you. And I think the biggest problem we have (The West) over the last 60 years is people moving production to the far east. Just because we can make a saving should we really do it? I know you have a rule relying on one customer for income. Do you have the same % rule on relying on one country for goods? I know you source products from multiple countries. Is that a strategic move? Just food for thought…really enjoying your content and podcast. I’m one that consumes both! 😊👍🏻
@matthewleonard1402
@matthewleonard1402 Жыл бұрын
Great video! Thanks for answering my question. I feel famous!
@JamesSinclairEntrepreneur
@JamesSinclairEntrepreneur Жыл бұрын
Hahahah - you are to me!
@mitchellsmith4283
@mitchellsmith4283 5 ай бұрын
Hi James, would you trust alibaba to purchase machines at £20k ?
@adeemnisar3849
@adeemnisar3849 Жыл бұрын
It's around £1200 now for a 40ft HQ from China, though can depend on the port. On the VAT front, if you are VAT registered for VAT, check out the Postponed VAT scheme. You no longer have to pay the VAT on import.
@JamesSinclairEntrepreneur
@JamesSinclairEntrepreneur Жыл бұрын
I did elude to the postponed vat scheme - just thought it was too complicated for this video. We’re hitting the 1200£ but we never want to overstate.
@adeemnisar3849
@adeemnisar3849 Жыл бұрын
@@JamesSinclairEntrepreneur fair enough. Postponed VAT has been a lifesaver when it came to cash flow.
@tantramassagedubai
@tantramassagedubai Жыл бұрын
Very useful advice for us newbies
@kripaljadeja751
@kripaljadeja751 8 ай бұрын
​@@JamesSinclairEntrepreneur hello sir i am from India I am a exporter And i am searching buyers for my product Can we connect each other
@kripaljadeja751
@kripaljadeja751 8 ай бұрын
​@@tantramassagedubai​​ hello I am from India and exporter Are you importing goods from India
@metebo
@metebo Жыл бұрын
Your warehouse looks like a huge mess. Cant find anything in there. Looks like a set for a scam video lol
@ashok3733
@ashok3733 Жыл бұрын
Great video. I export food products. I am relatively new in the industry. I don't have ready capital so i work as a middle man to facilitate orders. This way i am leveraging by using buyers money and making deals. But also making contacts and identifying products that work. Great way to start with less risks.
@jamaicanprepper1820
@jamaicanprepper1820 Жыл бұрын
Hi, do you export from the UK? What do you export & where to? Thanks
@diddy558
@diddy558 Жыл бұрын
Thankyou for all the valuable informations, James.may God bless you more!
@The-Master-piece-
@The-Master-piece- 10 ай бұрын
Those are the good I do sell...
@1stdayoftherestofyourlives
@1stdayoftherestofyourlives Жыл бұрын
Cardboard boxes (corrugated) cannot be sold further than 100 miles from manufacturing plant... the cost is too high. The US is filled with these factories.
@CheltenhamVintageToys
@CheltenhamVintageToys Жыл бұрын
Very helpful James, Thank you
@mohsinmocnas
@mohsinmocnas Жыл бұрын
Great video! If you need source in Bangladesh, please let me know. Especially for clothing and related items. Can help source other items as well. Cheers
@antonpolyakov7049
@antonpolyakov7049 5 ай бұрын
Best on yt
@LAKitchen
@LAKitchen Жыл бұрын
Where can I order 1,000 bespoke teddy bears please? For the United states
@mcplatinum187
@mcplatinum187 Жыл бұрын
Just coming across your vids look awesome value so thanks! Have you done anything in regards to starting steps to get into the import business? Also something on steps for an Amazon business? cheers!
@markwilliamson9027
@markwilliamson9027 Жыл бұрын
Can you do a video on public relations after negative news Could you do a video about solar power & batteries with regards to your business's as many of your sites use most of their energy is used during the day Find your videos very useful
@tahirhussain5208
@tahirhussain5208 Жыл бұрын
Hi james came across your channel awesome content i always wanted to start an import business but always confused about where to start from what product to choose and also what is the minimum investment i can start do u mentor students i would love to learn
@ferhatti78
@ferhatti78 Жыл бұрын
Dude where do you get so much energy, i have one business that eats all my power
@chrisdickinson3168
@chrisdickinson3168 Жыл бұрын
I happen to work for Allibaba's sister company. If you fancy coming down to our office and having a chat you would be more than welcome
@JamesSinclairEntrepreneur
@JamesSinclairEntrepreneur Жыл бұрын
What’s the deal?
@hakankaya
@hakankaya Жыл бұрын
so much value James. 🚀 If anyone need any assistance in Türkiye (aka Turkey), i can be your guy.
@kurbanov6205
@kurbanov6205 Жыл бұрын
merhaba. size nasil ulasa bilirim?
@JuanDavid-zr7cv
@JuanDavid-zr7cv 11 ай бұрын
suoer high value video thanks!
@mkkravist11
@mkkravist11 Жыл бұрын
Is there any way to further/better support UK manufacturing? Or is that not possible in your line of business? Thanks James. Up the Essex!! 😀
@JamesSinclairEntrepreneur
@JamesSinclairEntrepreneur Жыл бұрын
Some of this stuff just isn’t made in the UK. Where we can we always buy in the UK.
@The-Master-piece-
@The-Master-piece- 10 ай бұрын
Great content bro..
@md.walidhasan7760
@md.walidhasan7760 Жыл бұрын
You speak too fast
@NazTheGreat
@NazTheGreat 8 ай бұрын
KZbin has a 'Playback speed' option. Click on the top right corner of the video screen
@ktokworld3699
@ktokworld3699 Жыл бұрын
Dressses getting cheap prices
@hashimiqbal6822
@hashimiqbal6822 Жыл бұрын
Can you please teach us how you do all the marketing to actually sell these products please, step by step? I'm 18 with some experience in eccomerce, what Im struggling to learn is how you actually do the marketing to bring sales and grow.
@_chiqui
@_chiqui Жыл бұрын
Absolutely loved the insight, thanks
@cryplots2815
@cryplots2815 Жыл бұрын
Thank you 🙏🏻
@richardteale3217
@richardteale3217 Жыл бұрын
Go for it James ! That’s exactly what we need……..loads more utter crap to stick in our lovely landfill sites.. especially all that party junk which has an average life of about two hours . I reckon the t…ts in Westminster might even give you a tax break for bringing in all this garbage, because soon there will undoubtedly be a charge to go to the local tip. How’s the super yacht build coming along ?
@deborahrose7047
@deborahrose7047 Жыл бұрын
Can you take us through the import export paper work into the UK
@JamesSinclairEntrepreneur
@JamesSinclairEntrepreneur Жыл бұрын
Your shipping agent will do this for you.
@jayph77
@jayph77 Жыл бұрын
Great Video James. Stopped bringing materials over due to covid and price of shipping, but all guns blazing now. Windows, kitchens, electrical Sockets lights etc. all construction materials. Been going to Canton for last 12 years and found it ideal for sourcing. And checking before loading has saved face lots of times. I absolutely love the Chinese factories attitude to doing business. There’s no 9-5
@deborahrose7047
@deborahrose7047 Жыл бұрын
Do you ever do ever import foodstuffs
@JamesSinclairEntrepreneur
@JamesSinclairEntrepreneur Жыл бұрын
Ice cream ingredients from Italy
@deborahrose7047
@deborahrose7047 Жыл бұрын
@@JamesSinclairEntrepreneur makes sense yes
@AlwaysHopeful87
@AlwaysHopeful87 Жыл бұрын
There are some ethical questions every importer has to ask themselves beyond the bottom line. We all know the questions. One combined question is, "Does importing help me love my neighbor and God?"
@ShaneJackson
@ShaneJackson Жыл бұрын
Please can you do a really in-depth course in the academy on this 🙏
@JamesSinclairEntrepreneur
@JamesSinclairEntrepreneur Жыл бұрын
We absolutely will. We are putting more on marketing in as we speak.
@DH-zp7bc
@DH-zp7bc Жыл бұрын
Makes you wonder if all those toys sitting in storage are UKCA marked...
@elizabethward5685
@elizabethward5685 Жыл бұрын
Some very useful information here. Sadly I’ve seen lots of cases where this has gone badly wrong but generally it’s because people haven’t thought things through.
@ktokworld3699
@ktokworld3699 Жыл бұрын
Clothes cheapest which country?
@mohsinmocnas
@mohsinmocnas Жыл бұрын
Bangladesh
@khaalidabrahams5937
@khaalidabrahams5937 5 ай бұрын
@@mohsinmocnashi is there a way for you to source clothing for me in South Africa ?
@mohsinmocnas
@mohsinmocnas 5 ай бұрын
@@khaalidabrahams5937 Did you mean, source from Bangladesh for SA? If I source from BD, I can do it
@chhavikochhar2123
@chhavikochhar2123 Жыл бұрын
Will you teach us how to get a 1 star food rating?
@JamesSinclairEntrepreneur
@JamesSinclairEntrepreneur Жыл бұрын
No I can’t do that. That rating is not something we are at all proud of, we bought that business just a few months ago knowing that it was in its situation, our team which run multiple sites with 5 star ratings are putting in the processes to make sure that never happens again. We even have full SALSA ratings at our factory which is far superior. This inspection was done months ago and it’s something we are addressing at full speed. Thanks for your comment; I appreciate the support
@nickphiggins
@nickphiggins Жыл бұрын
James that is such a perfect response and echo’s the values that I try to apply in business. No hiding, total honesty and openness and a resolution promised. Humbleness at the end and a thank you that closes the dialogue brilliantly. I was presenting to some customers a few days ago and did just this and was questioned on if it was the correct approach, I never doubted myself but this has validated my tack and I thank you for that Sir!
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