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Alibaba Vs. AliExpress | Which One Is Right For You? How To Make Money Importing From Both

Published on: November 30 2022 by Carter Maxwell

Alibaba Vs. AliExpress | Which One Is Right For You? How To Make Money Importing From Both

Alibaba Vs. AliExpress | Which One Is Right For You? How To Make Money Importing From Both

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00:00:00 00:00:04 sup guys in this video I'll be comparing
00:00:01 00:00:07 the Alibaba and Aliexpress marketplaces
00:00:04 00:00:09 helping you determine which platform is
00:00:07 00:00:10 best for you and obviously how you can
00:00:09 00:00:13 make money importing on both
00:00:10 00:00:13 marketplaces so if you don't know me
00:00:13 00:00:15 already
00:00:13 00:00:17 my name is Kurt Maxwell I'm a 17 year
00:00:15 00:00:19 old entrepreneur and I don't know the
00:00:17 00:00:20 nickname of the high school hustler and
00:00:19 00:00:22 if you're trying to create online
00:00:20 00:00:24 business and make money while you sleep
00:00:22 00:00:25 then this is the chanter fuse - go ahead
00:00:24 00:00:27 and hit that subscribe button
00:00:25 00:00:28 stop this be a really cool video kind of
00:00:27 00:00:31 going over the advantages of using
00:00:28 00:00:32 Alibaba and Aliexpress going over at
00:00:31 00:00:34 which market place is going to be the
00:00:32 00:00:37 best for your business or your business
00:00:34 00:00:39 model to help maximize your potential
00:00:37 00:00:41 profits and let's get to a quick
00:00:39 00:00:43 interview of each market place starting
00:00:41 00:00:46 Alibaba Alibaba is one of the biggest
00:00:43 00:00:48 online e-commerce companies and Alibaba
00:00:46 00:00:51 is basically a easy access for
00:00:48 00:00:53 manufacturers trading companies and
00:00:51 00:00:55 resellers to kind of get in contact in
00:00:53 00:00:58 sell their product in large quantities
00:00:55 00:01:00 to other consumers or business buyers so
00:00:58 00:01:01 basically that's the website you're
00:01:00 00:01:03 going to go where you're going to be
00:01:01 00:01:06 ordering hundreds and hundreds of these
00:01:03 00:01:08 same product now on to Aliexpress
00:01:06 00:01:11 Aliexpress kind of in simple form is
00:01:08 00:01:12 basically China's eBay it's where you
00:01:11 00:01:14 can go and actually instead of
00:01:12 00:01:16 purchasing products in bulk you can
00:01:14 00:01:18 actually order them in quantities of one
00:01:16 00:01:20 and obviously above so that's kind of a
00:01:18 00:01:22 quick brief interview of Alibaba and
00:01:20 00:01:24 Aliexpress now let you have a better
00:01:22 00:01:26 understanding of the Alibaba and
00:01:24 00:01:28 Aliexpress marketplaces you're probably
00:01:26 00:01:30 wondering how exactly you can make money
00:01:28 00:01:32 importing from both marketplaces so
00:01:30 00:01:34 there's tons and tons of different ways
00:01:32 00:01:36 and business models that you can use to
00:01:34 00:01:38 try to make money but I'm going to be
00:01:36 00:01:41 going over the top two and most popular
00:01:38 00:01:43 business models when buying from Alibaba
00:01:41 00:01:45 and buying from Aliexpress and those two
00:01:43 00:01:47 business models are going to be private
00:01:45 00:01:49 label and drop shipping so I'm just
00:01:47 00:01:50 going to kind of a brief on the example
00:01:49 00:01:52 of each business model and how exactly
00:01:50 00:01:54 make money from them so the first
00:01:52 00:01:55 business model is actually going to be
00:01:54 00:01:57 private label and we're going to use
00:01:55 00:01:59 this example I already have pulled up
00:01:57 00:02:03 from Alibaba so we had went ahead and
00:01:59 00:02:05 looked up meet calls and you can see the
00:02:03 00:02:09 the business model of private label is
00:02:05 00:02:11 to order a large quantity of the same
00:02:09 00:02:13 item to then brand that item with your
00:02:11 00:02:16 company your company's logo to then
00:02:13 00:02:18 resell it back on Amazon so for example
00:02:16 00:02:19 companies are coming on here and
00:02:18 00:02:24 purchasing these neat claws anywhere
00:02:19 00:02:26 from probably 50 cents to three dollars
00:02:24 00:02:28 probably it's probably 50 cents around
00:02:26 00:02:29 two dollars to order these me'cause
00:02:28 00:02:32 depending on the quantity that they
00:02:29 00:02:35 order then come on Amazon and once they
00:02:32 00:02:37 branded that generic by generic me call
00:02:35 00:02:39 with their company name they can then
00:02:37 00:02:41 reach a lot back on Amazon for a premium
00:02:39 00:02:44 you can see they're coming anywhere from
00:02:41 00:02:46 $13 to around that 1516 dollar range
00:02:44 00:02:48 which is a pretty nice markup knowing
00:02:46 00:02:50 that they're probably getting for around
00:02:48 00:02:51 50 cents to a dollar so that's basically
00:02:50 00:02:54 the business model of private label
00:02:51 00:02:56 basically sourcing of a generic product
00:02:54 00:02:58 for instance use me calls to then brand
00:02:56 00:03:00 the generic product with their company
00:02:58 00:03:04 to then resell it back on Amazon for a
00:03:00 00:03:06 profit so that that's the probably the
00:03:04 00:03:07 most popular business models when it
00:03:06 00:03:09 utilizing Alibaba because you're
00:03:07 00:03:11 ordering in a large quantity and
00:03:09 00:03:13 remember Alibaba as manufacturers and
00:03:11 00:03:15 resellers that are selling their product
00:03:13 00:03:18 and large quantities to other buyers and
00:03:15 00:03:20 consumers so how can you make money on
00:03:18 00:03:22 Aliexpress well it's only done to the
00:03:20 00:03:24 business model it's not only done but
00:03:22 00:03:26 it's done most popular done through the
00:03:24 00:03:28 business model of drop shipping and I
00:03:26 00:03:29 have a quick example for you guys right
00:03:28 00:03:31 here
00:03:29 00:03:33 so this is basically a float mango drink
00:03:31 00:03:35 holders set of 3 they're selling for
00:03:33 00:03:36 about $16 imagine looking to charge
00:03:35 00:03:38 shipping as well
00:03:36 00:03:42 so let's just say they're getting about
00:03:38 00:03:44 roughly $20 in the total order for this
00:03:42 00:03:46 set of 3 drink holders well you can
00:03:44 00:03:49 actually come on Alibaba search up that
00:03:46 00:03:50 certain item and kind of scroll through
00:03:49 00:03:52 and you can see right off the bat we're
00:03:50 00:03:54 seeing them for around this 60 cent to
00:03:52 00:03:58 70 cent range for one so obviously
00:03:54 00:04:00 they're selling a 3-pack and these are
00:03:58 00:04:01 pretty similar so I'm just going to go
00:04:00 00:04:03 ahead at the end
00:04:01 00:04:05 60 cents that's going to be just right
00:04:03 00:04:06 under $2 to order three of them and if
00:04:05 00:04:08 they're getting $20 for me I just need
00:04:06 00:04:10 one order and what they're going to do
00:04:08 00:04:12 is once they've actually had that order
00:04:10 00:04:15 on their website they're then going to
00:04:12 00:04:17 come actually to Aliexpress click on the
00:04:15 00:04:18 product and actually order order the
00:04:17 00:04:21 amount that they want and actually have
00:04:18 00:04:23 that Aliexpress supplier send it
00:04:21 00:04:24 directly to the customer have actually
00:04:23 00:04:27 purchased it off their website also
00:04:24 00:04:29 known as drop shipping so they have
00:04:27 00:04:30 physical inventory they can do this
00:04:29 00:04:32 through anywhere around the world they
00:04:30 00:04:35 just have to bring the traffic to their
00:04:32 00:04:38 website convert those viewers just to
00:04:35 00:04:40 buyers and once they purchase the item
00:04:38 00:04:42 that can just come on Aliexpress find
00:04:40 00:04:43 the manufacturer to find the seller
00:04:42 00:04:45 who's selling their product and then
00:04:43 00:04:47 drop ship it to the customer so those
00:04:45 00:04:49 are the two most efficient business
00:04:47 00:04:51 models when using Alibaba and Aliexpress
00:04:49 00:04:53 those are not the only ones those
00:04:51 00:04:55 probably the two most popular ones that
00:04:53 00:04:58 you can use hopefully this video kind of
00:04:55 00:05:00 solved any confusion between the Alibaba
00:04:58 00:05:02 and Aliexpress platforms and just kind
00:05:00 00:05:05 of went over on two basic ways and two
00:05:02 00:05:07 popular ways that you can actually make
00:05:05 00:05:09 money importing from both of them so I
00:05:07 00:05:10 hope you guys enjoyed this video on
00:05:09 00:05:12 please feel free to comment below if any
00:05:10 00:05:14 questions and/or video ideas you'd like
00:05:12 00:05:17 to see in the future also don't forget
00:05:14 00:05:18 to Like and subscribe as I'm always give
00:05:17 00:05:21 away different tips and tricks on how to
00:05:18 00:05:24 make money online and not no one else
00:05:21 00:05:24 see you guys next video