Chris Koerner pitches importing modular kayaks from China for $300 and selling them in the US for $900. The US kayak market is worth a billion dollars, with retail pedal kayaks going for $1,500 to $4,000. His strategy: list them first, import only if they sell.
Chris Koerner.
A billion-dollar industry (in the US).
$1,500 to $4,000 new.
About $300.
List at about $900; profit about $600 per unit (excluding shipping).
Look at this freaking thing right here. Why aren't you making money on this yet? Let me tell you what's going on here and how you can make money at this idea. The kayak industry is a billion dollar industry here in the US alone. And believe it or not, kayaks like these, specifically Hobie and or fishing kayaks that you can move around via pedaling. They cost 1500 to $4000 new. What are you paying for? You're paying for our little logo that says Hobie. But all of these kayaks are coming from the same place. But this one going on behind me is modular. It's three piece. That means it can fit almost any vehicle. You don't need to mount it onto your roof or need a trailer for it. And look how much they cost from China. 300 bucks. What's stopping you right now as I'm spe speaking from going to Facebook Marketplace, taking a screenshot of this one in China, listing it for $900 using certain targeted keywords like Hoby, pedal, kayak, fishing, and seeing if you get any hits. Get a bunch of hits, then buy some of these from China, import them and sell them for a $600 profit, not including shipping. No hits. Then don't do anything. You wasted no money. But at least now you know. Full business plan right here.
