Make $1,000+ Selling Socks?
Nov 03, 2021 5:01 pm
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