Introductions and some serious questions that could benefit everyone !

[Xinister]

Hey Guys Name is Ralph. Im 21 years old trying to change my life for the better. I've read the 4HWW twice now and also "How to make millions with your Ideas" by Dan S Kennedy. I have a lot of determination and would greatly appreciate the feedback.

Now for the questions, for now they are mainly about private labeling and drop shipping.

1. If I base an online store for a particular product (for starters) how can I make sure a couple months down the line the drop shipper or whole seller still has the product in stock or still being manufactured? Any insight on this would be great.

2. Say I have a unique product that needs to be built on demand (when it is purchased), does a whole seller take care of this or do I have to hire another company and see if they can drop ship?

3. And last but not least (may seem like a dumb one) do I need a specific license to Private Label or just pay a company to do it for me?

!!Thank You All For Any Feed Back!!

X

[Sven]

1, you can't. Hope for the best and deal with it if it is stopped. That's business.

2 built on demand products usually do not go trough wholesale, more often sold "factory direct" or for expensive products trough an agent.

3 I think you mean the actual sticking your label on? Do not buy it if the seller dous not allow it and you take care of having it done but there are so many ways to organise this....

[kamakiri]

Dude, you are looking at your muse from the ass end, and we all know what comes from there.

The real trick in success with a muse is not supply. It is demand. You need to be able to sell first and formost. That said, if you can sell one product as your muse, you can sell more. And it gets easier to de each time.

Failure is your friend. Lack of supply is nearly your friend, and in general, money solves that problem anyway.

[liam75005]

1. You can also do stock modelling (determine what is your average demand, and compute a safety minimum where you reorder new products to be manufactured), but generally speaking it is very hard to forecast the variation of the demand.

2. Agree with sven, most of the time you have to deal directly with the factory for "made on demand" products.

3. You usually have to have an agreement, such as a license to do the private labelling. You would pay a licensing fee to the company who sells you the product.