How I Source Products as CHEAP as Possible

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  • čas přidán 30. 04. 2023
  • 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.

Komentáře • 61

  • @josephfitzsimmons7504
    @josephfitzsimmons7504 Před rokem +19

    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!!

  • @diddy558
    @diddy558 Před rokem +1

    Thankyou for all the valuable informations, James.may God bless you more!

  • @_chiqui
    @_chiqui Před rokem

    Absolutely loved the insight, thanks

  • @CheltenhamVintageToys
    @CheltenhamVintageToys Před rokem +1

    Very helpful James, Thank you

  • @seanchristopherjohn
    @seanchristopherjohn Před rokem +5

    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 Před rokem +9

    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! 😊👍🏻

  • @jayph77
    @jayph77 Před rokem +2

    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

  • @mcplatinum187
    @mcplatinum187 Před rokem

    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!

  • @cryplots2815
    @cryplots2815 Před rokem

    Thank you 🙏🏻

  • @ashok3733
    @ashok3733 Před rokem +2

    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 Před 11 měsíci

      Hi, do you export from the UK? What do you export & where to? Thanks

  • @JuanDavid-zr7cv
    @JuanDavid-zr7cv Před 8 měsíci

    suoer high value video thanks!

  • @The-Master-piece-
    @The-Master-piece- Před 7 měsíci

    Great content bro..

  • @tahirhussain5208
    @tahirhussain5208 Před rokem

    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

  • @adeemnisar3849
    @adeemnisar3849 Před rokem +6

    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  Před rokem +2

      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 Před rokem +1

      @@JamesSinclairEntrepreneur fair enough. Postponed VAT has been a lifesaver when it came to cash flow.

    • @tantramassagedubai
      @tantramassagedubai Před 9 měsíci +1

      Very useful advice for us newbies

    • @kripaljadeja751
      @kripaljadeja751 Před 5 měsíci +1

      ​@@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 Před 5 měsíci +1

      ​@@tantramassagedubai​​ hello
      I am from India and exporter
      Are you importing goods from India

  • @ferhatti78
    @ferhatti78 Před rokem

    Dude where do you get so much energy, i have one business that eats all my power

  • @markwilliamson9027
    @markwilliamson9027 Před rokem

    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

  • @matthewleonard1402
    @matthewleonard1402 Před rokem +3

    Great video! Thanks for answering my question. I feel famous!

  • @antonpolyakov7049
    @antonpolyakov7049 Před 2 měsíci

    Best on yt

  • @mitchellsmith4283
    @mitchellsmith4283 Před 2 měsíci

    Hi James, would you trust alibaba to purchase machines at £20k ?

  • @mohsinmocnas
    @mohsinmocnas Před rokem

    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

  • @mkkravist11
    @mkkravist11 Před rokem

    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!! 😀

  • @hashimiqbal6822
    @hashimiqbal6822 Před rokem +2

    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.

  • @1stdayoftherestofyourlives
    @1stdayoftherestofyourlives Před 10 měsíci

    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.

  • @deborahrose7047
    @deborahrose7047 Před rokem

    Can you take us through the import export paper work into the UK

  • @hakankaya
    @hakankaya Před rokem

    so much value James. 🚀 If anyone need any assistance in Türkiye (aka Turkey), i can be your guy.

    • @kurbanov6205
      @kurbanov6205 Před 10 měsíci

      merhaba. size nasil ulasa bilirim?

  • @ShaneJackson
    @ShaneJackson Před rokem

    Please can you do a really in-depth course in the academy on this 🙏

  • @elizabethward5685
    @elizabethward5685 Před rokem

    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.

  • @deborahrose7047
    @deborahrose7047 Před rokem

    Do you ever do ever import foodstuffs

  • @LAKitchen
    @LAKitchen Před 11 měsíci

    Where can I order 1,000 bespoke teddy bears please? For the United states

  • @chrisdickinson3168
    @chrisdickinson3168 Před rokem

    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

  • @richardteale3217
    @richardteale3217 Před 11 měsíci +1

    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 ?

  • @The-Master-piece-
    @The-Master-piece- Před 7 měsíci

    Those are the good I do sell...

  • @chhavikochhar2123
    @chhavikochhar2123 Před rokem

    Will you teach us how to get a 1 star food rating?

    • @JamesSinclairEntrepreneur
      @JamesSinclairEntrepreneur  Před rokem +8

      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 Před rokem +2

      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!

  • @DH-zp7bc
    @DH-zp7bc Před rokem

    Makes you wonder if all those toys sitting in storage are UKCA marked...

  • @AlwaysHopeful87
    @AlwaysHopeful87 Před 10 měsíci +1

    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?"

  • @ktokworld3699
    @ktokworld3699 Před rokem

    Clothes cheapest which country?

    • @mohsinmocnas
      @mohsinmocnas Před rokem

      Bangladesh

    • @khaalidabrahams5937
      @khaalidabrahams5937 Před 2 měsíci

      @@mohsinmocnashi is there a way for you to source clothing for me in South Africa ?

    • @mohsinmocnas
      @mohsinmocnas Před 2 měsíci

      @@khaalidabrahams5937 Did you mean, source from Bangladesh for SA? If I source from BD, I can do it

  • @ktokworld3699
    @ktokworld3699 Před rokem

    Dressses getting cheap prices

  • @md.walidhasan7760
    @md.walidhasan7760 Před 9 měsíci

    You speak too fast

    • @NazTheGreat
      @NazTheGreat Před 5 měsíci

      CZcams has a 'Playback speed' option.
      Click on the top right corner of the video screen

  • @metebo
    @metebo Před 9 měsíci

    Your warehouse looks like a huge mess. Cant find anything in there. Looks like a set for a scam video lol