Mellinger import/export plan - I want to get into importing

[rsnoble-im-back]

I was with them years ago as a kid, but never made anything out of it. Many might look at this as a scam, and u could probably learn everything they teach u on ur own. However if I remember right they put you on the fast track with some foreign suppliers and you didnt have to outlay 1000's to get going. Im prob going to rejoin--if nothing else to get a jumpstart. I have always had a fascination with importing and sales and soon should have a little $ to dabble in the area. I will NOT however be trying their mail order side of the plan--too risky for me. #5 need input. It would be great to get some suppliers that I can get some good stuff from and make some bucks. Will be going the internet route.

 

[bran987]

so you are saying you are going to import goods to the US and then sell them on auction sites like ebay and overstock.com etc? or try to create your own website?

does this import company have a website of their own for people to read about?

 

[Razorguns]

Please import nice clothes. Preferably business ones.

I'm tired of paying $17 for a shirt or pant at Walmart when i know it probably cost $1 to make in some 3rd world country. It's not even chepaer in mexico!

Cheap clothes please!

 

[rsnoble-im-back]

so you are saying you are going to import goods to the US and then sell them on auction sites like ebay and overstock.com etc? or try to create your own website?

does this import company have a website of their own for people to read about?

Basically Mellinger has gotten rich selling what appears to be, or has the reputation of being, a get rich quick plan. For like $200.00 you get this set of books on importing and such. However, after a closer look at it-it's much bigger than that. They have several 1000 members, hood conventions throughout the US, and have many foreign contacts that they have neg. trade agreements between them and their members. Their legit, I ordered some nice watches like 20 years ago for a pretty good price. Mellinger itself really isnt a supplier, there just kinda a middleman putting u in touch with them. Plus every month they send out trade leads and such. Like I said, you prob could learn a lot of thuis on your own, but if you dont know what your doing in way of payments, customs, etc their a leg up. They do have a website, but you have to be a member. Yes, ebay and otherwise. Even outright sales. The company gets a lot of slack from those thinking it will be easy and freak at the idea of spending a grand or two. Im selling off some stuff, and will have zero probs ordering some foreign goods if its something I can move. Im hoping like hell I get my disability going as im owed backpay, and will be using part of that to get going. I will use a combo of marketing, Im also interested in local sales thru newspapers and such. That would be esp. nice if you get nice items that you could easily make a hundred buks or better on for minimum work.

 

[rsnoble-im-back]

Please import nice clothes. Preferably business ones.

I'm tired of paying $17 for a shirt or pant at Walmart when i know it probably cost $1 to make in some 3rd world country. It's not even chepaer in mexico!

Cheap clothes please!

Not a bad idea. I need to get over the hump of items Im not real experienced in. Afterall , if it's profitable who cares. But you do have to have some kinda knowledge about what your doing. Like for me im a jeans/tshirt type and if I got into clothes without a little study you could end up walking around looking like a zebra.

 

[wesley90]

Yeah, I have always wondered what a place like Hechts and other clothing retailers have to pay for their stock.

 

[bran987]

Not a bad idea. I need to get over the hump of items Im not real experienced in. Afterall , if it's profitable who cares. But you do have to have some kinda knowledge about what your doing. Like for me im a jeans/tshirt type and if I got into clothes without a little study you could end up walking around looking like a zebra.

lol zebra

ok dude sounds like you have a plan, now EXECUTE. Tell us how it goes and update us! I'll be watching you!

 

[Synpax]

Highly immitable. Zero value added. At best a temporary 'imbalance' in the equalibrium.

Good luck.

 

[bran987]

Highly immitable. Zero value added. At best a temporary 'imbalance' in the equalibrium.

Good luck.

I don't think he's trying to set the world on fire and become a billionaire maybe just earn some extra money but where were you when he posted this 15 days ago?

There will always be people importing goods and reselling them for a small margin.

 

[Alright123]

I am sure if you do it in a large enough quantity then over time it would pay off considerably well. Just give it a shot, just do it and if it fails then by all means at least you tried.

 

[rsnoble-im-back]

Highly immitable. Zero value added. At best a temporary 'imbalance' in the equalibrium.

Good luck.[/QUOTE

Well actually my uncle has done exactly this for 30+years and now is a millionaire. Unfortunetely he is a major fucking asshole.

 

[Crox]

A large and profitable company here import Italian foods. Have a look at your local demographics and consider if theirs some niche you can fill.

 

[Synpax]

Highly immitable. Zero value added. At best a temporary 'imbalance' in the equalibrium.

Good luck.

Well actually my uncle has done exactly this for 30+years and now is a millionaire. Unfortunetely he is a major fucking asshole.

My uncle's family is in it as well and are also millionairs driving around in a Rolls and a huge house and lots of investments that revenue spawned from it.

Odds are your uncle knows something - maybe he can teach you the inside stuff. What does he think of Mellinger?

 

[juve]

I am not sure if this bears any relevance, but one of my relatives exports vehicles purchased in the US into Eastern Europe - they pay $90k for Jeep and Explorer, let aloneeven higher margins on Infiniti, Lexuses and Cadillacs. Very lucrative venture so far - it all comes down to finding ways of importing into countries were import taxes are the lowest (Ukraine for example has nearly 100% tax on imported autos - crazy E.Europeans) or 'co-operating' with the customs
Importing into the US for the purposes of resale might seem like a viable vein, but it very much depends on the distributors and quality, as well as a product itself.

 

[ZKaudio]

especially w/ the dollar being so weak right now

 

[rsnoble-im-back]

My uncle's family is in it as well and are also millionairs driving around in a Rolls and a huge house and lots of investments that revenue spawned from it.

Odds are your uncle knows something - maybe he can teach you the inside stuff. What does he think of Mellinger?

Oh im sure he'd tell Mellinger to screw off. He knows enough on the subject. Mellinger doesn't take a cut in anything, they merely get u going with some foreign suppliers. As far as teaching me--he's too busy traveling and spending$ as his brat kids are running the show now-outta the question. Long story line-we do NOT get along. I've prob sold close to 100k of shit over the net thus, but most has been estate sales and such. Im thinking how nice it would be to have a steady supplier, and have goods delivered to my door rather than reading countless newspapers and spending WAY too much time at auctions, etc when I could devote that time elsewhere.

 

[Crox]

What does you uncle import? If you dont like him then go for similar goods. If he is sucessfull, then you can follow his lead but work at providing a better service to your customers.

 

[rsnoble-im-back]

What does you uncle import? If you dont like him then go for similar goods. If he is sucessfull, then you can follow his lead but work at providing a better service to your customers.

He is mainly into electronics, mostly big names. He started out small and worked his way up. Emulating his biz now would be outta the question. Im sure it takes more than a few G's to import Sony or similar products, not to mention getting your foot in the door of retailers.

 

[Synpax]

Emulating his biz now would be outta the question.

SEe? That was the point of my first post.

I'd also add that your uncle's business now is just a realized efficiency away from not existing either.

Good luck with all of this but the real, sustainable money is in value added activities, not this middle-man garbage.

 

[rsnoble-im-back]

SEe? That was the point of my first post.

I'd also add that your uncle's business now is just a realized efficiency away from not existing either.

Good luck with all of this but the real, sustainable money is in value added activities, not this middle-man garbage.

So what are u suggesting--become a pimp?

 

[Mastardo]

There will always be a middle man because they are the ones who take care of legal issues and consolidate market knowledge for a large number of small but frequent buyers and a group of sellers who only want to deal in one or a few products. They visit factories, play the field and consolidate a family of products for a margin that seems small enough for the buyer and seller but becomes big enough for the middle man when all of the sales are added up. These types of middle men are only replaced by more efficient middle men - generally not factories themselves unless we are talking about selling to Walmart.

 

[Crox]

Value adding is great, but as a small startup he is still in a vunerable position. As mastardo said, there are always going to be middlemen, you just have to work smarter than your competition.

What about car audio visiual? Small high value items, no voltage problems between countries, except decks can come in different languages, with different radio bands.

 

[rsnoble-im-back]

Well first things first, I have a new storage barn im putting in this spring then im going to load it up.

 

[rsnoble-im-back]

As far as marketing I have tons of ideas. Direct sales, ebay, wholesaling, wtc. I may even build a small showroom onto my barn for direct to the consumer sale which I can legally do out here. I am very excited about this. I will be having a barn around 40'x80' built this spring. Currently I have a falling down bldg in its place that im getting knocked over.

 

[juve]

Good luck with all of this but the real, sustainable money is in value added activities, not this middle-man garbage.

This is very true unless you plan on financing the margin out of your own pocket short-term; and in a long term this becomes a moot point alltogether - either you're out or you will have to add non-liquid assets if you hope to see investment or product pouring in given you want to sell/redistribute a multiple of items per period.


I'm kind of curious though if you have narrowed down, in a very non-specific manner, what it is you plan to import. Retail, like clothing, is comprised almost purely of intangible value - a brand image - so I don't see many people going from boutique to you unless you offer high quantity and buy from some outlet who knows where (unlikely).
Electronics, however, mentioned above, especially car audio/video would be hard to beat if you offer exclusively what is not readily available at Best Buy - that should generate a cohort of potential buyers who are looking beyond a cd-changer. The market (carshops, certain dealerships, select individuals) is not very big, but also not very competitve which gives you leverage in pricing.
Best regards.

 

[rsnoble-im-back]

This is very true unless you plan on financing the margin out of your own pocket short-term; and in a long term this becomes a moot point alltogether - either you're out or you will have to add non-liquid assets if you hope to see investment or product pouring in given you want to sell/redistribute a multiple of items per period.


I'm kind of curious though if you have narrowed down, in a very non-specific manner, what it is you plan to import. Retail, like clothing, is comprised almost purely of intangible value - a brand image - so I don't see many people going from boutique to you unless you offer high quantity and buy from some outlet who knows where (unlikely).
Electronics, however, mentioned above, especially car audio/video would be hard to beat if you offer exclusively what is not readily available at Best Buy - that should generate a cohort of potential buyers who are looking beyond a cd-changer. The market (carshops, certain dealerships, select individuals) is not very big, but also not very competitve which gives you leverage in pricing.
Best regards.

The electronics subject has been coming up a lot. Right now im just kicking around ideas.

I'm not an idiot, I don't expect to become wealthy overnight.

I am building a new shop/warehouse shorty and I am going ahead with this, no if's and's or but's about.

I have made my mind up.

 

[JustJacked]

importing is an awesome way to make money. my father used to have an import an export company. he used to import stupid little thing like little porcelain ornaments and 1980's jewlery and clothing. he would buy like 10,000 of these little ornaments for like 25cents each and then sell them to chain stores for around 2$ each. ther are so many things you can import and you can make some good money from it. I just started imorting and Im starting to make some nice coin from it.

 

[bran987]

I'm not an idiot, I don't expect to become wealthy overnight.

I am building a new shop/warehouse shorty and I am going ahead with this, no if's and's or but's about.

I have made my mind up.

do it. I respect this ENORMOUSLY.

 

[rsnoble-im-back]

do it. I respect this ENORMOUSLY.

Thanx. Actually I just secured some $ and have the new shop starting within 1 month and have been working on contacts.