Success is by no means a coincidence, choosing the right industry is the key.Issuing time:2023-05-24 16:36 Sangar, who had been operating a cross-border e-commerce business on Amazon for five years, decisively closed her store and switched to the inventory-less sales model on other platforms. Since transitioning to the inventory-less sales model, her daily workload has been reduced by more than half, which further confirms her initial decision was the correct one. With the improvement in the COVID-19 situation and the restoration of normal logistics efficiency, goods can now reach neighboring countries as quickly as the next day after being shipped. From order placement to confirmation of receipt, it takes only 1-5 days to receive payment. Having operated under the inventory-less sales model for two years, Sangar has achieved a remarkable performance of $1.7 million in sales by the end of March this year, more than doubling the results of the first year. This leaves her marveling at the current era as a golden opportunity for cross-border e-commerce. The inventory-less sales model is a retail business that allows sellers to open stores and sell products without the need for personal investment. Sellers can accept orders without having any inventory on hand.
The image above shows Sangar's first luxury car, which she purchased after achieving success through the reseller sales model. She also hired her mother as an employee. "My first experience in business was selling my old clothes. I quickly sold out my own clothes, earning approximately £800 in the first month. Over time, my earnings doubled." "By chance, I came across the inventory-less sales model. I discovered abundant inventory within the marketplace platform, allowing me to directly sell their products and make a profit. This platform was perfect for someone like me who doesn't enjoy taking risks or investing in stockpiling. When someone purchases my products, all I need to do is have the supplier ship them." "All I need is a smartphone or computer, and I can work from anywhere in the world. I started to enjoy a lifestyle of travel. Whether I'm in Bali or the Maldives, I can work. I've fallen in love with this way of life."
Presently, Sangar is traveling around the world with her family, determined to visit every country and capture photographs in each one. "I don't carry any inventory; I simply act as the intermediary between the customers who make purchases and the suppliers. I pay the cost price to the suppliers, who then ship the products to the buyers. My role primarily focuses on customer service." "I would say I'm addicted to making money. When you work for others, you always receive a fixed salary, but as a sole proprietor, everything becomes profit, and that's why you become addicted to earning more money, which leads you to work more." Is it easy to make money through the inventory-less marketplace model? As long as there are buyers making purchases, sellers can pay the order amount to the suppliers, who will then ship the products to the buyers. Once the buyers receive the goods, the sellers can earn a fixed profit provided by the suppliers. The absence of startup costs means that theoretically, anyone can become a profitable intermediary. If you know an experienced seller on the marketplace platform, you may not even need to pay any fees to open your store through their invitation. Additionally, the platform may even provide you with free traffic to help your store attract more customers. According to insiders, the monthly growth rate of users and sellers on the inventory-less model platform is 35% higher than the peak period of Amazon, which is astonishing. Due to the inventory-less model platform being an e-commerce platform targeting the global market, it attracts buyers and sellers from all corners of the world. The suppliers on the platform come from as many as 67 countries worldwide. Because of the free store opening model through guarantees, many merchants exploit this loophole to open stores for free. Numerous experienced sellers in e-commerce have migrated from other platforms to the inventory-less e-commerce platform. The reseller business can also be operated using smartphones and laptops with internet connectivity, attracting "digital nomads" who hope to travel and earn money simultaneously. |
