I'm starting a brokerage company that connects importers with low priced goods from manufactures. The company will revolve around what is called "wholesaling", which is a method I use in my real estate business. I'm looking for someone who has had experience in the import export business,If you are interested shoot me a message for more details.
Here is a brief description of how the business will work
This is a brokerage firm which will connect importers and retailers in the U.S. and Europe with manufacturers.
· How the company will function? We will develop relationships with manufacturers. We will have contracts with these manufactures to market and sell their goods to importers on their behalf “similar to an option contract”.
· How the company will profit is through a markup of price. Let’s say a product can be purchased from a manufacturer at $5.00 a piece and retails in the U.S. at $75.00 a piece. We will sell the goods to the importer at $9.00 a piece leaving a $4.00 profit margin per good. If the manufacturer pays us 1.8 million dollars for a bulk amount of the good, we only pay the manufacturer 1 million and the 800K in the middle is profit.
· Why will importers do business with us when our price is marked up? The importers we will work with will be those who lack the proper relationships to get good products at cheap prices. Also even with our companies markup there is still plenty of room for the importers to turn a significant profit.
· The ultimate goal will be to have contracts with manufacturers making us the sole purchaser of their goods. This means that all retailers and importers will have to buy these goods through our company. Essentially creating a monopoly on various products.
If anyone has experience in the import export business that would be great, also i am looking for a business partner so if your interested in working with me in this venture let me know.
Here is a brief description of how the business will work
This is a brokerage firm which will connect importers and retailers in the U.S. and Europe with manufacturers.
· How the company will function? We will develop relationships with manufacturers. We will have contracts with these manufactures to market and sell their goods to importers on their behalf “similar to an option contract”.
· How the company will profit is through a markup of price. Let’s say a product can be purchased from a manufacturer at $5.00 a piece and retails in the U.S. at $75.00 a piece. We will sell the goods to the importer at $9.00 a piece leaving a $4.00 profit margin per good. If the manufacturer pays us 1.8 million dollars for a bulk amount of the good, we only pay the manufacturer 1 million and the 800K in the middle is profit.
· Why will importers do business with us when our price is marked up? The importers we will work with will be those who lack the proper relationships to get good products at cheap prices. Also even with our companies markup there is still plenty of room for the importers to turn a significant profit.
· The ultimate goal will be to have contracts with manufacturers making us the sole purchaser of their goods. This means that all retailers and importers will have to buy these goods through our company. Essentially creating a monopoly on various products.
If anyone has experience in the import export business that would be great, also i am looking for a business partner so if your interested in working with me in this venture let me know.
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