Original subtitles

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All right guys it's 2

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time for a tour of Alibaba. 3

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So just show you guys around 4

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and how it works. 5

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So since you make your account 6

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up here obviously 7

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and then 8

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they have a messaging system and the messaging system is 9

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unfortunate. So you're going to want to make a new email 10

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address for this. 11

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Before we talk about anything about Alibaba cause 12

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as you send requests 13

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for products you will get emails forever. 14

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All right. So yeah so 15

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don't put this on your personal e-mail 16

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or anything else because 17

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this e-mail will get flooded forever. 18

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And yeah so 19

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that's my tip for there. 20

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Essentially what we're gonna do is this works just 21

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like Amazon. Okay. 22

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So when we go 23

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and we look up a product 24

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we're going to find products. 25

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So let's say we look up silicone 26

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wristband. Okay. 27

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Just a little quick tour here. 28

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We could have looked for products. 29

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OK. 30

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Or you can look for wholesalers 31

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or you can look up for suppliers. 32

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But typically the way we're gonna 33

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go ahead and do it is we do look up by products 34

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because we want 35

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to see the products and then we find ones 36

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that match what we want 37

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and then we go and look 38

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and evaluate those 39

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suppliers. So we looked up 40

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silicone wristband here. 41

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OK. 42

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So we could have used 43

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some filters in which I do suggest you do. 44

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So essentially what we could 45

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do is we want to use a gold supplier because 46

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that means that there's a basic check done 47

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by Alibaba that it's a 48

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it's a business. 49

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They have a location 50

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and some other stuff 51

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and they paid some money. 52

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So it's 53

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not just some scam account that was set up. 54

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OK. 55

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So what we're going to do is we use a 56

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couple of filters sorry they 57

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changed around so you could either do a grid view 58

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or a list view 59

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and I like to do the list view so 60

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then I'm able to easily compare them 61

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all. 62

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We're going to want to do is check off 63

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trade assurance because that means essentially 64

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that 65

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you're going to be able to purchase through Alibaba on 66

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your first order and 67

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get that insurance. And essentially it 68

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ensures that OK this person is 69

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more serious if they're willing to do trade 70

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assurance because you 71

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can essentially get that insurance 72

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and that you're 73

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going to actually get what you paid for. 74

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So we do that 75

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and 76

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we want to make sure that they have gold supplier also. 77

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So that just means like we talked about that they're 78

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verified by Alibaba to 79

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a certain degree. 80

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Now what we're gonna do is we'll see products 81

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here. OK. So each 82

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one of these is going to represent a 83

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factory. OK. 84

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And then obviously we price there 85

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minimum order quantity here. 86

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Now this isn't actually like the companies 87

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will put up their minimum order 88

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quantity but that's always negotiable 89

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and we teach you guys how to get a 90

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lower minimum or a quantity 91

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initially essentially. 92

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Then here's information 93

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about them. So we have the supplier name 94

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their response rate 95

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and transaction level. 96

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So essentially what I'm 97

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always looking for when I'm going on Alibaba is 98

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you know I want somebody who's been on the 99

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platform for a while because 100

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that's going to give us more assurance 101

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that it's actually a good supplier. I like to see go 102

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do supplier and trade assurance alright 103

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transaction level. 104

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I would like for them to have transactions is 105

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not an absolute necessity because 106

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sometimes they're just on Alibaba 107

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but they'll actually do their orders off 108

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Alibaba because 109

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they build relationships with people. But if you 110

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see transaction levels that's even better sign 111

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that they're actually real. 112

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Then obviously we 113

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want somebody who has a relatively high response rate 114

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at least 80 percent less than 80 percent. 115

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Kind of hit 116

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or miss they're essentially what we're going 117

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to do first is you want 118

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to find something that matches what your product is. 119

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I like the 120

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closest fit. OK. 121

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So we're not going to choose these magnetic 122

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funny slap bracelets because you 123

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know if we trying to go for 124

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silicon wristband we wouldn't do that 125

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but just take a look at these 126

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and then choose ones that look 127

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like a high quality photo. 128

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The main thing here is we're 129

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looking for a manufacturer not a trading company 130

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alright. 131

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And so essentially what we're gonna be doing is 132

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we look at the product over here on 133

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the left and 134

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we also look at the name of the supplier. 135

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OK. 136

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So freedom Gifts Unlimited. 137

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This would make sense that 138

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they would actually be selling wristbands. 139

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OK. 140

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They have verified supplier which is a 141

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step above a 142

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gold supplier. Even better trade assurance 143

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their transaction level they've 144

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done one hundred thirty five transactions thirty 145

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eight thousand they've been on here for 10 years response 146

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rate in ninety 147

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four point six percent. And then they 148

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have customizable 149

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wristbands and their 150

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MOQ and price look pretty good. 151

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So that's essentially what 152

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we'd be looking at. 153

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You're gonna go in 154

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and grab a couple different 155

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suppliers and then go 156

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and look at them actually. 157

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So there's some other filters on the left 158

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hand side here. 159

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So there's trade assurance you get verified 160

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suppliers a verified supplier mean 161

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they paid even more money 162

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and then the onsite check means that 163

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they've sent somebody to the 164

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actual company to make sure 165

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that it exists 166

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and done some initial 167

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testing to vet the supplier. 168

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But we're still going to do our own 169

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check because we don't want to just 170

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take what Alibaba says that 171

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it's a good supplier we're gonna do that ourselves 172

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through contacting them 173

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and getting samples 174

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and whatnot. 175

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Yeah. So what we could do then is we can 176

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go and take a look. 177

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So this is the product page 178

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just like on Amazon 179

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but then there's also a supplier 180

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page. So what we would 181

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do here is go ahead 182

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and kind of look through the supplier 183

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page look through their 184

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photos and see you know how 185

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high quality photos that they actually 186

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put on the Web site. 187

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Yes you could start a chat 188

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with them now 189

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and you actually start chatting 190

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with them but realize that it 191

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is on China mainland time 192

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so there might not be awake 193

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when you are. 194

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Okay so here's their product page. 195

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Obviously we got pictures 196

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we got their price 197

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and everything. 198

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So the reason why they have 199

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a start order button here 200

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is because this is 201

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a wholesale product technically 202

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a lot of the times you won't have start 203

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order right here 204

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but it does on this 205

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time. 206

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So what we're gonna do then we'd scroll 207

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down and see more about 208

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their listing. 209

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You want to make sure that it's essentially 210

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a good quality listing 211

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that it's not just super vague 212

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and just pictures off the 213

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Internet that they've copy 214

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and pasted you want to see that 215

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they actually like put 216

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time into this product 217

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and describing what their company 218

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is about. 219

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So they list their certificates 220

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they've all this different information 221

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about several 222

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gift products they probably 223

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upsell you on other things that they 224

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saw which is good. 225

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Okay here's 226

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OK. This could be photoshop. 227

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You never know too much there. 228

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Customer feedback. 229

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We're not hot products. 230

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OK. So this might be a 231

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trading company. You never know. 232

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So the more information that they provide 233

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us about the ordering process 234

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is going to be the better. 235

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So I would just take a look at this. 236

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You know we'll show you exactly how 237

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to find the best manufacturers later 238

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but just kind of overview 239

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then you could go onto their actual 240

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company description right here. 241

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All right. Now we're on here. 242

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And so this is their store 243

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on Alibaba not just 244

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kind of go around here. 245

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They probably have all their other product 246

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categories and we're going to see. 247

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OK does it make sense that they would make 248

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all of these OK 249

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they sell holiday accessories 250

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home wear computer 251

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and phone healthy 252

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and personal novelty. 253

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I mean they sell a lot here. 254

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Pretty interesting so this might be 255

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a trading company when that. 256

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Yeah. 257

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This is a trading company because 258

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look at all this random stuff that 259

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they sell they probably 260

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don't have a man they 261

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probably don't have all of 262

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this on the manufacturing line 263

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because they so everything underneath 264

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the sun. 265

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But this is what we do we essentially 266

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go in see what products 267

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they sell 268

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and what not. 269

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We'll show you in a little bit. 270

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Manufacturer versus 271

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a trading company. 272

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But that's just kind of generally what 273

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it's about. 274

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So then other thing you could do is here's you 275

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can contact the supplier 276

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or you could hit chat. 277

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But I would go in 278

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and hit contact supplier 279

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and then by doing this now 280

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you're going to put in a template which 281

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will show you in a little bit 282

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if you did want to source 283

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with them. I wouldn't want to 284

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within this 285

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and yet. 286

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So that's the general overview 287

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of Alibaba 288

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products suppliers. 289

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We find a product that matches 290

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what we want and then we go 291

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and check out the supplier 292

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and see if they're even worth talking 293

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to. And then we go from there. 294

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So you guys have any questions about 295

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Alibaba. Let me know. 296

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And onto the next video.