Make Money Not Excuses! » selling physical products http://makemoneynotexcuses.com Internet Marketing Tips, Tools, & Tutorials Sat, 30 Jan 2010 09:30:18 +0000 http://wordpress.org/?v=2.8.4 en hourly 1 Physical Products: What To Sell And What To Avoid Like The Plague http://makemoneynotexcuses.com/physical-products-what-to-sell-and-what-to-avoid-like-the-plague/ http://makemoneynotexcuses.com/physical-products-what-to-sell-and-what-to-avoid-like-the-plague/#comments Tue, 13 Oct 2009 09:45:27 +0000 admin http://makemoneynotexcuses.com/?p=31 A digital product can be converted into physical products simply by burning it to CD. Since physical products have a higher perceived value, you can charge more for them.

Physical goods, that are non-digital in nature, involve the hassle of finding suppliers and the expense of manufacturing, warehousing, and shipping. Therefore, it is the monetization method that provides the least benefits.

The next best alternative is to use a wholesale drop shipper. With this approach, you find a wholesale supplier who is willing to drop ship products directly to your customer. You dont pay anything until you receive the cash from your customer.

Dropshipping still requires you to place orders and the profit margins are typically very small due to the fact that you are shipping individual units. However, it is still the more convenient approach over warehousing and shipping goods.

With the exception of physical information products, physical products are the least recommended, partly because of the time involvement, but mostly because of the tiny profit margins compared to information products.

The downside to selling a physical product is that it involves more work because additional time and money is required to manufacture, package, and ship physical products.

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