Wednesday, August 18, 2010

How I Made $285 Selling LED Open Signs

Last month I got a wholesale novelty catalog in the mail from a company named Rhode Island Novelty (www.rinovelty.com) and in their catalog they sell LED open signs for $10.80 each or a case of 20 for $216.

I did a search online for the exact same LED open sign and found that the retail selling price is from $49.99 to $99.99 for each sign.

I orderd a case of 20 and figured I would sell the LED open signs to local businesses door to door for $40 each.

All I did was walk into the business and ask if the owner or manager was in and then simply showed them the sign and asked if they were interested in buying a brand new LED open sign for just $40 cash.

I did this for 6 days working only 2 hours at a time and made 1-3 sales a day and ended up selling all 20 of my LED open signs at $40 each for a profit of $285 for the week.

This is a very simple money making idea that you can also do to make some extra money, so give it a try and let me know how things turn out?

To your success,
Martin