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
Table of Contents
Alibaba Vs. AliExpress | Which One Is Right For You? How To Make Money Importing From Both
startTime | durationTime | text |
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 |
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