All language subtitles for 6. How to Spot a Trading Company V.S. Manufacturer

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Would you like to inspect the original subtitles? These are the user uploaded subtitles that are being translated: 1 1 00:00:00,120 --> 00:00:01,949 All right guys here's the 80 20 of finding 2 2 00:00:01,950 --> 00:00:02,840 a trading company. 3 3 00:00:02,910 --> 00:00:04,869 Let's say you were looking for horse masks. 4 4 00:00:04,870 --> 00:00:06,359 OK look at them. 5 5 00:00:06,360 --> 00:00:08,300 Look at the names. If it says trading company 6 6 00:00:08,490 --> 00:00:09,590 out immediately 7 7 00:00:09,600 --> 00:00:11,279 and then the rest of it go look at 8 8 00:00:11,280 --> 00:00:12,179 their actual company 9 9 00:00:12,180 --> 00:00:13,709 and just look at the rest of the products 10 10 00:00:13,710 --> 00:00:14,540 that they sell. 11 11 00:00:14,670 --> 00:00:16,649 So product categories this probably 12 12 00:00:16,650 --> 00:00:18,710 a trading company because they sell notebooks 13 13 00:00:19,170 --> 00:00:21,239 folders passports planners 14 14 00:00:21,240 --> 00:00:23,090 pen cases tablet cases. 15 15 00:00:23,250 --> 00:00:24,839 They also sell horse masks. 16 16 00:00:24,840 --> 00:00:26,399 So you know this 17 17 00:00:26,400 --> 00:00:28,010 definitely a trading company 18 18 00:00:28,110 --> 00:00:29,699 because they just sell so many different 19 19 00:00:29,700 --> 00:00:31,409 things that it doesn't really make sense 20 20 00:00:31,410 --> 00:00:32,129 that they would sell 21 21 00:00:32,130 --> 00:00:33,839 or make all of these whereas 22 22 00:00:33,840 --> 00:00:35,519 this other one is you know this 23 23 00:00:35,520 --> 00:00:37,289 one they just sell masks 24 24 00:00:37,290 --> 00:00:38,789 and all sorts of variations 25 25 00:00:38,790 --> 00:00:39,620 of masks. 26 26 00:00:39,660 --> 00:00:41,189 So that makes sense that they are a 27 27 00:00:41,190 --> 00:00:42,899 mask factory versus 28 28 00:00:42,900 --> 00:00:44,849 somebody who's just selling everything underneath 29 29 00:00:44,850 --> 00:00:45,620 the sun 30 30 00:00:45,660 --> 00:00:47,939 and has this as their background. 31 31 00:00:47,940 --> 00:00:50,090 Why is this their company background 32 32 00:00:52,280 --> 00:00:53,839 that's not really selling me that 33 33 00:00:53,840 --> 00:00:54,709 I want to do business 34 34 00:00:54,710 --> 00:00:55,300 with them. 35 35 00:00:55,850 --> 00:00:57,670 Lucky store industrial. 36 36 00:00:57,800 --> 00:00:59,839 Yeah. So there's your quick overview. 37 37 00:00:59,840 --> 00:01:01,159 Just look at their products. 38 38 00:01:01,160 --> 00:01:01,849 Look at their name. 39 39 00:01:01,850 --> 00:01:03,469 Look at how much time they put into the 40 40 00:01:03,470 --> 00:01:04,210 descriptions 41 41 00:01:04,220 --> 00:01:05,869 and you want to like kind of visualize this 42 42 00:01:05,870 --> 00:01:06,739 company in your head 43 43 00:01:06,740 --> 00:01:08,269 and you know does it actually 44 44 00:01:08,270 --> 00:01:09,889 make sense that they would make all of these 45 45 00:01:09,890 --> 00:01:11,389 and do them. So I guess what might tip 46 46 00:01:11,390 --> 00:01:13,459 here is as we're looking at the prices 47 47 00:01:13,460 --> 00:01:15,079 on Alibaba we want 48 48 00:01:15,080 --> 00:01:16,809 to be looking at this 49 49 00:01:16,810 --> 00:01:18,529 is it extremely high. 50 50 00:01:18,530 --> 00:01:19,840 Then probably 51 51 00:01:20,390 --> 00:01:22,039 you know avoid that supplier 52 52 00:01:22,040 --> 00:01:23,620 and if it's extremely low 53 53 00:01:23,960 --> 00:01:25,009 you don't need to cut them out 54 54 00:01:25,010 --> 00:01:26,689 but you know it's something that just take 55 55 00:01:26,690 --> 00:01:28,309 into account find something that's 56 56 00:01:28,310 --> 00:01:29,449 generally in your range. 57 57 00:01:29,450 --> 00:01:31,189 But knowing that actually looking 58 58 00:01:31,190 --> 00:01:32,980 and finding the best manufacturers 59 59 00:01:33,050 --> 00:01:34,579 by the other methodologies that we talk 60 60 00:01:34,580 --> 00:01:36,109 about and then getting the actual 61 61 00:01:36,110 --> 00:01:37,869 court from them is going to be the best 62 62 00:01:37,870 --> 00:01:39,640 their best methodology 63 63 00:01:39,680 --> 00:01:41,389 because the price that they list is kind 64 64 00:01:41,390 --> 00:01:42,889 of click bait just 65 65 00:01:42,890 --> 00:01:44,389 to get you to come into the listing 66 66 00:01:44,390 --> 00:01:45,079 or something. 67 67 00:01:45,080 --> 00:01:46,969 But a high price is going to indicate 68 68 00:01:46,970 --> 00:01:48,700 that it's probably a trading company. 69 69 00:01:48,770 --> 00:01:50,440 So and saying same if it's a low 70 70 00:01:50,510 --> 00:01:52,129 MOQ. It is so 71 71 00:01:52,130 --> 00:01:53,659 really low MOQ high price 72 72 00:01:53,660 --> 00:01:55,030 probably trading company. 73 73 00:01:55,340 --> 00:01:57,079 So yeah. This is about the right price 74 74 00:01:57,080 --> 00:01:58,520 range dollar 75 to 3.08 75 75 00:01:59,330 --> 00:02:00,289 and whatnot. 76 76 00:02:00,290 --> 00:02:01,939 You know this 12 cents you're not going 77 77 00:02:01,940 --> 00:02:03,519 to get these for 12 cents a piece. 78 78 00:02:03,520 --> 00:02:04,900 So if you have any other questions 79 79 00:02:05,060 --> 00:02:06,559 let me know if you guys have any 80 80 00:02:06,560 --> 00:02:08,239 other tips I didn't mention leave those 81 81 00:02:08,240 --> 00:02:09,050 in the comments below. 6152

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