Make $1,000+ Selling Socks?

Nov 03, 2021 5:01 pm

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Hustlers,


I'm going to start sending more bite size emails to get your brain spinning.


If I get a positive response to any particular idea, I'll turn it into a blog post.


Make Money Selling Socks???

People with small kids know that socks disappear all the time especially when it's time to put on shoes.


What if you connected with a supplier on Alibaba and sold generic socks on Amazon?


500 pairs of socks are roughly $765 or $1.53/pair.


If you sold 100 pair at $2/pair that's $200 minus your cost of $153 puts you at a profit of $47. Factor in shipping and you'll take home a a little less than that.


My theory is these would sell quick because when's the last time you went to Walmart and saw a hundred pack of socks?


Exactly.


You could sell them by the hundred and keep it down to 1-2 colors for simplicity sake.


That way when the socks get lost, ripped, or eaten by the yorkie, it's not a big deal because you have 99 more.


If you executed this properly, parents around the world would be singing your praises.


This is 1 idea of many.


I figured I'd share them here instead of hoarding them in my notes app.


To the hustle,


Ahmarr


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