Not entirely true. Maybe not onions, but I see this business model -- buying very cheap in bulk and selling at a slightly lower price than the lowest supplier price (while still making a profit) -- everyday on amazon on all kind of products.
People buy items in bulk from Ali Express (Alibaba's business unit ) and sell on amazon using the same business model the OP has implemented.
I even tried it a while back and it was fairly successful / profitable.
A bunch of "brands" are selling it for 7$ to 8$. I found the same on Ali Express for 79 cents a piece, bought a 100 and sold them off to for 4$ a piece (with free shipping, it's just a few ounces in weight) a few months back...
So basically drop shipping? It is true that it is not adaptable to another country, especially developing ones. In India we have tons and tons of drop shippers who will cut into your margins very fast.
Comments
Not entirely true. Maybe not onions, but I see this business model -- buying very cheap in bulk and selling at a slightly lower price than the lowest supplier price (while still making a profit) -- everyday on amazon on all kind of products.
People buy items in bulk from Ali Express (Alibaba's business unit ) and sell on amazon using the same business model the OP has implemented.
I even tried it a while back and it was fairly successful / profitable.
ex: Stawberry Corer / Huller : https://www.amazon.com/s/ref=nb_sb_noss_2?url=search-alias%3...
A bunch of "brands" are selling it for 7$ to 8$. I found the same on Ali Express for 79 cents a piece, bought a 100 and sold them off to for 4$ a piece (with free shipping, it's just a few ounces in weight) a few months back...
So basically drop shipping? It is true that it is not adaptable to another country, especially developing ones. In India we have tons and tons of drop shippers who will cut into your margins very fast.