LIGHTINTHEBOX INSIDER

The world economic crisis has changed the way we spend and make money. Many people are taking on second jobs because they need a secondary stream of income just to survive. This is the first in a series of posts that will teach you the art of wholesaling, drop shipping, e-commerce and surviving today’s dangerous economic environment.

Reports on Thursday told us that the economy is finally back to moving forward instead of backward! We actually achieved a bit of growth and appear to be facing the right way again – Woo hoo!

Then on Friday that was all undone as the market came tumbling down between 2-3% on the day, due to data suggesting that consumers are still wary about the economy and its recovery.  Booo!!

So the economy gets better, the economy gets worse, it gets better, it gets worse. Which one is it going to be? The one thing we can be sure of is that whatever expert tells you he knows what’s going to happen next is not only lying to you – he’s lying to himself. So all we can really do is wait to see how things unfold…right? Or is there more we can do?

Think about this, the unemployment rate is going up and you have probably either experienced this first hand or know someone who has. You’ve probably thought at some point – how secure is my job? Am I going to be another jobless statistic on the news? What would I do? What should I do now? I choose all these questions because they’re the ones I’ve been asking myself!

We promise this isn't your only option

Here’s what I think, unemployment is going up and will continue for some time after the economy recovers – that’s how it goes. The solution…self-employment. Now it needn’t be full-time, it could be casual or part-time. It all depends on what work/job you have or don’t have and how much you do or don’t want to do it.

Now you might be thinking, “Ok the government can’t seem to create enough jobs, how am I going to do it myself?” Fair question.

But you need to think outside the square. People are looking for bargains more than ever. What are they looking for bargains on – everything. Brand names have become far less important than a good old-fashioned deal. So all you need to do is find something cheap, sell it for more and there’s your money. Sounds simple right? It is.

Many people use LightInTheBox.com for their own personal purchases and that’s fine. But the real opportunity is in taking advantage of their inexpensive products, sourced directly from China, and selling to everyone else.

Now that might not be the thing for you, that’s fine. But it’s there and it’s doable and requires little start-up funding – in fact none at all. The availability of drop shipping means you don’t have to purchase or hold inventory or even see it, touch it, pack it, or anything. You just find the buyers and LightInTheBox.com will ship directly to them.

I’m be back later to clue you in on wholesaling, drop shipping and a host of other strategies on how to combat this unstable economy.

Stay tuned and Good luck!