Quote:
Originally Posted by aaauger
There are plenty of instances where product is (legally) sold without being physically inventoried by the seller. Independent sales reps do this all the time. Take Avon, for example. In addition, sometimes the products don't even exist because they're custom manufactured.
You do need to make sure you have a reputable supplier and a written agreement. You should also have a backup plan. The less control you have over your supply chain, the more vulnerable you are to fail.
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Agreed; however, in your Avon example a rep will have some samples as part of the kit they purchase when they decide to invest in the business. The clients with the Avon rep know that the product is reputable and the rep's success in Avon is dependent on his/her client service (as well as recruiting new members). The clients actually have product that is tangible, and the rep can break in new product that is in development.
The OP wants to sell a product that is not tangible which is going to be very hard in itself. If he doesn't think the product is the greatest thing on the planet, he will fail. He has to convince potential clients why in this economy they need to open their checkbooks for this product today.
All of the posts have been right on the money.