WEBVTT 00:00.211 --> 00:02.152 [SPEAKER_01]: I stumbled on something weird to take John. 00:02.332 --> 00:03.172 [SPEAKER_01]: I'm intrigued. 00:03.372 --> 00:07.274 [SPEAKER_01]: Nobody has come to me and said times that I've talked to somebody about what they want to sell. 00:07.294 --> 00:09.815 [SPEAKER_01]: You know, I've said it's tiny, so I haven't heard that before. 00:10.035 --> 00:11.175 [SPEAKER_01]: Life size try Sarah Topps. 00:11.316 --> 00:12.536 [SPEAKER_01]: Four thousand five hundred dollars. 00:12.696 --> 00:14.437 [SPEAKER_01]: Right in that wonderful sweep button. 00:14.477 --> 00:15.217 [SPEAKER_01]: I like to sell out. 00:15.317 --> 00:16.938 [SPEAKER_01]: And I've had this happen to me personally. 00:16.998 --> 00:18.598 [SPEAKER_01]: They're a legal table reject to you. 00:18.799 --> 00:22.880 [SPEAKER_01]: And so we think this stuff is trademarked by somebody else. 00:23.140 --> 00:25.281 [SPEAKER_01]: Can you provide, but it's licensed. 00:25.541 --> 00:28.182 [SPEAKER_01]: My biggest thing holding back from staying is a good news. 00:28.222 --> 00:29.543 [SPEAKER_01]: You don't see a lot of brains. 00:29.983 --> 00:30.984 [SPEAKER_01]: Like a lot of supplies. 00:31.204 --> 00:32.564 [SPEAKER_00]: Like it would just be fun. 00:33.065 --> 00:33.705 [SPEAKER_00]: It's a fun mix. 00:34.045 --> 00:36.066 [SPEAKER_00]: Hey, welcome to the drop sheet podcast. 00:36.226 --> 00:39.048 [SPEAKER_00]: We're back today with another episode of Good Nitch, Bad Nitch. 00:39.168 --> 00:41.229 [SPEAKER_00]: I stumbled on something weird. 00:41.249 --> 00:45.231 [SPEAKER_00]: I think John, and I'm genuinely curious what you think of this one, because it's something I never thought of. 00:45.331 --> 00:51.414 [SPEAKER_00]: So we took the children shopping for me for clothes, which really made their day. 00:52.474 --> 00:55.676 [SPEAKER_00]: And then we went over to the mall after that to try to give them something to do. 00:55.696 --> 00:56.637 [SPEAKER_00]: We went to this toy store. 00:57.737 --> 01:00.278 [SPEAKER_00]: And my three year old son, he's about to be four. 01:00.418 --> 01:02.099 [SPEAKER_00]: He's on the spectrum for sure. 01:02.179 --> 01:03.320 [SPEAKER_00]: He's more than a little testic. 01:04.420 --> 01:05.781 [SPEAKER_00]: He loves dinosaurs. 01:05.881 --> 01:08.302 [SPEAKER_00]: And he knows the name of probably a hundred different dinosaurs. 01:08.542 --> 01:12.844 [SPEAKER_00]: And we walk in and they have a life-sized dinosaur in the front of this place. 01:12.864 --> 01:14.045 [SPEAKER_00]: He's enamored with it. 01:14.085 --> 01:18.447 [SPEAKER_00]: We walk around the store and finding every little dinosaur and him naming all of them as well. 01:18.987 --> 01:20.448 [SPEAKER_00]: But we kept coming back to this big one. 01:20.988 --> 01:22.329 [SPEAKER_00]: And I asked the cashier. 01:22.349 --> 01:25.951 [SPEAKER_00]: I was like, hey, how much for triceratops over there? 01:26.871 --> 01:44.662 [SPEAKER_00]: And they were like forty four hundred dollars plus it's made to order and it ships from Switzerland or something it was like what uh uh and I'm paying for shipping and they're like yes you are and they're like well this one up here we'd probably do a better deal on I've worked here for years and that thing has been here the whole time I worked here so that's not a good sign right out of the gates but I was fascinating I was like 01:45.803 --> 01:46.944 [SPEAKER_00]: I wonder if this is the thing, right? 01:46.984 --> 01:50.046 [SPEAKER_00]: So I went to Google and I'm happy to share my screen with where I started here. 01:50.627 --> 02:02.735 [SPEAKER_00]: And I just started typing in like, you know, dinosaur statue dinosaur, you know, like life size dinosaur, let me get the screen going here and put it up on the screen, but let's say I'm trying to get the right window up here. 02:04.036 --> 02:04.577 [SPEAKER_00]: Okay, there we go. 02:04.937 --> 02:06.699 [SPEAKER_00]: So I thought I had to start statue. 02:06.759 --> 02:12.583 [SPEAKER_00]: I started typing in and I see some statues cool, you know, these certainly these prices, you know, they hit the right spot. 02:13.324 --> 02:18.388 [SPEAKER_00]: I put it in life size and and what I noticed this is one of the first things that came up was like a guard of war plush. 02:18.428 --> 02:19.869 [SPEAKER_00]: I know there's some Pokemon people listening. 02:19.889 --> 02:21.050 [SPEAKER_00]: They're like, yeah, guard of war. 02:21.131 --> 02:21.511 [SPEAKER_00]: Fuck yeah. 02:21.891 --> 02:22.932 [SPEAKER_00]: I had no idea what this was. 02:22.952 --> 02:25.134 [SPEAKER_00]: I had to ask my step kid who's way into it. 02:25.754 --> 02:26.635 [SPEAKER_00]: He didn't know who it was. 02:26.695 --> 02:27.856 [SPEAKER_00]: So that's probably not a good sign. 02:28.356 --> 02:28.777 [SPEAKER_00]: But look at that. 02:30.378 --> 02:57.367 [SPEAKER_00]: searches a month they're looking for this life size guard of or plush which you know it's on eBay for fifteen hundred bucks i think you could go down a whole rabbit hole of just life size uh... and start working there like life size tetris uh... would imagine that's not a cheap games probably in no man's lab it's probably not a cheap game but i bet you could go down this life size rabbit hole uh... happiness happy to circle back here if you want to before we uh... do this it's norl acts is that also a pokey yeah 02:58.967 --> 02:59.287 [SPEAKER_01]: It's man. 02:59.307 --> 03:01.388 [SPEAKER_01]: That's my favorite Pokemon name. 03:01.428 --> 03:01.988 [SPEAKER_01]: Snowlax. 03:02.548 --> 03:04.369 [SPEAKER_01]: Okay, that's like the best name ever. 03:04.569 --> 03:05.269 [SPEAKER_01]: It's so good. 03:05.329 --> 03:06.870 [SPEAKER_00]: I don't know anything about it. 03:06.910 --> 03:11.431 [SPEAKER_01]: Oh, like the volume's on some of these like lifestyle's Tetris, twenty nine hundred twenty nine hundred a month. 03:11.451 --> 03:13.972 [SPEAKER_01]: I mean, that's not that's nothing. 03:15.193 --> 03:16.593 [SPEAKER_01]: Actually, this is a product. 03:17.714 --> 03:17.894 [SPEAKER_01]: Right. 03:18.534 --> 03:21.915 [SPEAKER_01]: Doesn't look like Google's got much in that actual vein, but 03:22.887 --> 03:27.289 [SPEAKER_00]: But I bet you know, if you do life size and then hey, you're going to get a button again, another Pokemon. 03:27.309 --> 03:27.870 [SPEAKER_00]: That's wild. 03:29.170 --> 03:30.511 [SPEAKER_00]: Life size anime figure. 03:31.011 --> 03:32.272 [SPEAKER_00]: Okay, so let's try. 03:32.292 --> 03:42.037 [SPEAKER_00]: Be you get life size, Barbie again, a lot of brands stuff here, which I think you'll see later on as well, but you know, life size Batman life size Barbie let there's another Pokemon life size bulb is our 03:42.997 --> 03:50.640 [SPEAKER_00]: Um, I think you could on this rabbit hole will probably be every single one of these letters and and start finding my size Chuck Edo. 03:51.381 --> 03:52.521 [SPEAKER_00]: So any nine hundred a month. 03:53.142 --> 03:53.642 [SPEAKER_00]: We go that. 03:54.162 --> 03:54.822 [SPEAKER_00]: I think they make it. 03:57.283 --> 03:59.644 [SPEAKER_00]: Yeah, that brings back like childhood memories. 03:59.784 --> 04:01.685 [SPEAKER_00]: It doesn't look at this one. 04:01.725 --> 04:02.305 [SPEAKER_00]: Are you what? 04:03.306 --> 04:04.226 [SPEAKER_00]: You put anything on Etsy. 04:04.246 --> 04:05.507 [SPEAKER_00]: That doesn't look anything like Chuck Edo. 04:05.527 --> 04:05.947 [SPEAKER_00]: That's wild. 04:05.967 --> 04:07.228 [SPEAKER_00]: All right. 04:07.328 --> 04:08.248 [SPEAKER_00]: Look at that dude. 04:08.268 --> 04:09.148 [SPEAKER_00]: That's nuts right there. 04:12.460 --> 04:14.982 [SPEAKER_00]: in the child's play box has some of these are freaky dude. 04:15.382 --> 04:15.622 [SPEAKER_00]: Yeah. 04:15.802 --> 04:27.510 [SPEAKER_00]: Anyway, I think you could go down the list here and you know, probably had and look, I'll show you some other stuff that maybe changes your mind here, but out of the gates, are you intrigued at least to keep digging further? 04:29.500 --> 04:35.504 [SPEAKER_01]: I am intrigued to dig further because one, like you said at the start, it's a pretty unique idea. 04:36.404 --> 04:42.787 [SPEAKER_01]: Nobody has come to me and said all the times that I've talked to somebody about what they want to sell. 04:43.028 --> 04:44.208 [SPEAKER_01]: I want to sell life-size. 04:46.703 --> 04:50.825 [SPEAKER_01]: Plus, she's life size statues, you know, life size dinosaurs. 04:50.865 --> 04:52.365 [SPEAKER_01]: I've never even heard that before. 04:52.385 --> 04:55.067 [SPEAKER_01]: Yeah, look at these. 04:57.128 --> 05:05.531 [SPEAKER_01]: And so anytime I hear something I haven't heard before, which is fairly rare these days, I'm like, okay, yeah, I gotta check that out because it could be really cool. 05:05.591 --> 05:07.012 [SPEAKER_01]: There could be a big opportunity there. 05:07.532 --> 05:08.613 [SPEAKER_01]: That's pretty wide open. 05:09.713 --> 05:13.355 [SPEAKER_01]: So yes, I would wanna dig more, but also I'd wanna dig more because 05:14.235 --> 05:15.599 [SPEAKER_01]: It's super cookie, right? 05:16.241 --> 05:17.084 [SPEAKER_01]: And what does that mean? 05:17.144 --> 05:21.737 [SPEAKER_01]: Super cookie means there is going to be some people who are also super passionate. 05:22.710 --> 05:23.730 [SPEAKER_01]: about these things, right? 05:23.991 --> 05:29.233 [SPEAKER_01]: And that, from a marketing perspective, that's, like, generally speaking, what you love to see. 05:29.873 --> 05:40.118 [SPEAKER_01]: Like, when you've got a really identifiable passion-based thing that only super weirdos are into, that make no, and I don't say that in a derogatory way whatsoever. 05:40.158 --> 05:43.920 [SPEAKER_01]: If you're super into life-sized sailor moon statues, good for you. 05:43.940 --> 05:45.040 [SPEAKER_01]: I'm, I'm all for that. 05:45.460 --> 05:48.942 [SPEAKER_01]: But like, that's super easy to market to that person as well. 05:49.629 --> 06:02.274 [SPEAKER_01]: Like, that's way easier marketing and a way easier method of selling than like selling, you know, something that everybody uses like a refrigerator or whatever. 06:02.474 --> 06:03.794 [SPEAKER_01]: Like, it's just so much easier. 06:03.834 --> 06:13.358 [SPEAKER_01]: And so anytime I see that, that like you, that automatically kind of freaks my ears up and I'm like, oh yeah, okay, let's go and look at this. 06:13.398 --> 06:15.459 [SPEAKER_01]: Like, because the next step is of course like, 06:16.637 --> 06:21.840 [SPEAKER_01]: Yeah, it looks like a great idea, and it sounds like a great idea, but is it actually, like, is it actually feasible? 06:21.900 --> 06:23.380 [SPEAKER_01]: Is it actually a great idea? 06:23.921 --> 06:34.486 [SPEAKER_01]: And when we're talking about it from like looking at this, it would certainly suggest that in this space private labeling could be a really great idea, like particularly on those lifestyles plushies, right? 06:34.526 --> 06:38.108 [SPEAKER_01]: Like I reckon you can get there made pretty fucking cheap, like let's be real. 06:38.528 --> 06:44.171 [SPEAKER_01]: A lifestyles Pokemon plushie made somewhere in Asia, probably not gonna cost you a lot of money. 06:44.571 --> 06:45.912 [SPEAKER_01]: to get out of the factory, right? 06:46.012 --> 06:50.593 [SPEAKER_01]: And like you saw ones there for sale for like a thousand dollars, which is insane. 06:50.633 --> 06:53.475 [SPEAKER_01]: There's no way they cost anywhere near a thousand dollars to produce. 06:55.155 --> 07:14.003 [SPEAKER_01]: And so, you know, from that side of things, hey, maybe there's some cool private label or products that you could bring out yourself, but from a high-to-get dropshaving perspective, there's obviously some specific questions that you would need to be able to answer to verify whether this sort of an idea would actually play out. 07:15.010 --> 07:21.172 [SPEAKER_01]: from a high to get dropped human perspective, like as in, you know, you've got to be able to find some suppliers for the things, right? 07:21.412 --> 07:38.656 [SPEAKER_01]: Which that would probably be my biggest question about this one at this point is like are there actually multiple suppliers who have a good quality product that they can reliably fulfill and they're where actually warehouse in the US, because certainly some of these websites, I see here, they're probably coming from overseas. 07:39.668 --> 07:49.164 [SPEAKER_01]: probably you know eBay things on eBay usually it's a one-off like that person's only got one of them they're selling they might not have a lot of them and so 07:50.137 --> 07:53.619 [SPEAKER_01]: That would be my main question here that I would be digging into. 07:53.860 --> 07:55.441 [SPEAKER_01]: The price points look fantastic. 07:55.481 --> 07:56.701 [SPEAKER_01]: They're not going to be hard to ship. 07:58.423 --> 08:05.407 [SPEAKER_01]: They're probably some repeat business potential when you get into the Pokemon stuff, particularly like somebody into one Pokemon. 08:05.767 --> 08:12.552 [SPEAKER_01]: They might have multiple of these life-sized Pokemon things hanging around, wherever they're putting them in their business or in their 08:13.112 --> 08:13.973 [SPEAKER_01]: They're home. 08:14.193 --> 08:17.197 [SPEAKER_01]: There's obviously a bay to bay and a bay to say side to this. 08:17.457 --> 08:20.681 [SPEAKER_01]: Like there are businesses that have like life-sized dinosaur statues. 08:21.241 --> 08:30.031 [SPEAKER_01]: As you mentioned, there's probably also some super freaks who have them in their house or on their property, you know, in their garden or 08:30.531 --> 08:31.652 [SPEAKER_01]: you know, whatever it might be. 08:31.732 --> 08:38.317 [SPEAKER_01]: And so, you know, that mix of B to B and B to see is something that I usually personally really look for. 08:38.857 --> 08:39.678 [SPEAKER_01]: I like to see that. 08:40.158 --> 08:46.723 [SPEAKER_01]: That's, for me personally, that's a, that's a big tick for any sort of niche idea is, is do you have a bit of both? 08:46.743 --> 08:50.186 [SPEAKER_01]: Because I really like different aspects of both, and I like having them together. 08:51.987 --> 08:57.552 [SPEAKER_01]: So, there's some really cool things here, I think, you know, like I say, that B, that's a plyo thing would, 08:58.592 --> 09:04.474 [SPEAKER_01]: is the thing that immediately jumps out at May is like, that's the unanswered question. 09:05.094 --> 09:05.414 [SPEAKER_00]: All right. 09:05.434 --> 09:06.834 [SPEAKER_00]: Before I move on, shout out, Bill. 09:06.855 --> 09:08.995 [SPEAKER_00]: Bill, if you're watching this buddy, I know this takes you back. 09:09.775 --> 09:10.916 [SPEAKER_00]: Bill's one of my consulting clients. 09:10.956 --> 09:11.596 [SPEAKER_00]: He's one of our students. 09:11.616 --> 09:13.656 [SPEAKER_00]: He's one of our best students if I'm honest with you. 09:14.437 --> 09:21.579 [SPEAKER_00]: And we were, I flew out to Arizona to do the session with him in person and threw out the hotel. 09:21.719 --> 09:23.699 [SPEAKER_00]: All these anime people just kept walking through our hotel. 09:23.719 --> 09:24.700 [SPEAKER_00]: And we finally stopped on them. 09:24.720 --> 09:25.540 [SPEAKER_00]: We're like, what are you doing? 09:26.240 --> 09:29.862 [SPEAKER_00]: And they were like, oh, the anime conference up the street at the Marriott or whatever. 09:29.922 --> 09:31.742 [SPEAKER_00]: And so Bill and I walked up there. 09:31.822 --> 09:35.624 [SPEAKER_00]: We just walked in and we ended up standing next to a police officer who was like Crack and Jokes with us. 09:36.704 --> 09:39.865 [SPEAKER_00]: And he calls a girl over and was like, this guy thinks you look beautiful. 09:39.905 --> 09:42.446 [SPEAKER_00]: Gonna have a photo and so takes a photo with Bill. 09:43.147 --> 09:45.888 [SPEAKER_00]: And then we just walked around the company and I'm getting kicked out by like a 09:47.208 --> 09:48.309 [SPEAKER_00]: I'm a warrior or something. 09:48.329 --> 09:55.294 [SPEAKER_00]: I don't know somebody you know somebody dressed up in a weird way, but we walked around the whole thing and all these people to your point super passionate super weirdos. 09:55.334 --> 09:56.495 [SPEAKER_00]: I'm weirdo about weird stuff. 09:56.515 --> 09:58.477 [SPEAKER_00]: They're weird about this stuff and like very passionate. 09:58.497 --> 10:00.278 [SPEAKER_00]: They were buying stuff people were selling stuff everywhere. 10:00.298 --> 10:02.600 [SPEAKER_00]: They were all dressed up every single person at a costamon. 10:03.120 --> 10:06.382 [SPEAKER_00]: I guarantee there's multiple people who would love this one piece B.O.A. 10:06.423 --> 10:07.443 [SPEAKER_00]: Hancock one to one life. 10:07.523 --> 10:08.144 [SPEAKER_00]: You know what I mean? 10:08.164 --> 10:09.785 [SPEAKER_00]: Like there's gonna be people who buy this stuff. 10:09.805 --> 10:12.927 [SPEAKER_00]: So perhaps down this alley or the Pokemon alley it's gonna be 10:14.008 --> 10:29.552 [SPEAKER_00]: maybe some thing you need licensing for or, you know, strategic partnerships for, but if you get your foot in the door, man, the Pokemon I want is super interesting because there's volume upon volume upon volume there, but even this one, a thousand month for your life size anime, anime figure. 10:29.572 --> 10:31.632 [SPEAKER_00]: All right, let's go back to the dinosaurs just real quick. 10:31.652 --> 10:33.893 [SPEAKER_00]: So, doing the dinosaur one led me to this. 10:33.913 --> 10:35.713 [SPEAKER_00]: This is basically what was in the store that day. 10:35.753 --> 10:43.615 [SPEAKER_00]: Was this life size triceratops, four thousand five hundred dollars, right in that wonderful sweet spot that I like to sell at, where you're in the three to five thousand dollar range, 10:44.395 --> 10:49.519 [SPEAKER_00]: Assuming your margins are any good, and you can move these, this should be a wonderful place, right? 10:49.539 --> 10:52.240 [SPEAKER_00]: Pay the wire transfer to two percent discount. 10:52.941 --> 10:57.103 [SPEAKER_00]: This is definitely an old school website, which I also like to compete against when they see stuff like that. 10:58.884 --> 11:03.087 [SPEAKER_00]: But, you know, this also might be someone who's making it here at lifestyle statues and properties. 11:03.107 --> 11:05.228 [SPEAKER_00]: So back to your supplier point, I worry about that. 11:05.288 --> 11:06.949 [SPEAKER_00]: However, this I got me 11:08.110 --> 11:29.428 [SPEAKER_00]: very very excited in different ways in the licensing category right so if you can find somebody who can make this in drop ship for you like this might be the one so let me give you a for instance john i knew somebody back in the day who they they decided they were going to drop ship i don't even know what you call like signage for restaurants or for buildings or whatever right so it'd be like this metal work 11:30.349 --> 11:33.793 [SPEAKER_00]: letters with light bulbs in the middle to make the letters. 11:34.314 --> 11:44.428 [SPEAKER_00]: And so she would just take the custom order and then she worked with somebody like this, just Joe Baguette Donuts and his garage, who does metal working in light stuff and he would make every order for them, and that guy would drop ship the orders to her customer. 11:44.448 --> 11:45.809 [SPEAKER_00]: She would just take the custom order whatever. 11:46.690 --> 11:50.431 [SPEAKER_00]: That's not the dropshipping we teach a dropship breakthrough per se, but at one hundred percent works. 11:50.471 --> 11:51.772 [SPEAKER_00]: It's a business you can absolutely run. 11:51.812 --> 11:53.072 [SPEAKER_00]: I know she was doing quite well with it. 11:53.092 --> 11:54.212 [SPEAKER_00]: And I think this could work the same. 11:54.272 --> 12:08.736 [SPEAKER_00]: If you could be the marketing arm of this type of company, they have the licenses to get out in front of this and you just need to go run ads on DC Comics statues, Disney and Pixar statues, Star Wars statues, movie statues, the traffic part of this should be really fucking easy. 12:09.317 --> 12:13.318 [SPEAKER_00]: The sales part might be a little harder depending on pricing, but if they can do the fulfillment for you, 12:14.178 --> 12:15.919 [SPEAKER_00]: This might be the rare scenario what I would tell you. 12:15.979 --> 12:17.560 [SPEAKER_00]: Maybe you do want to need one or two supply. 12:17.580 --> 12:18.961 [SPEAKER_00]: This isn't going to be a big brand thing. 12:19.001 --> 12:22.203 [SPEAKER_00]: This isn't, you know, you need nineteen brands of pellet grills to put on your pellet grills side. 12:23.383 --> 12:26.505 [SPEAKER_00]: Because some of this stuff like this Disney mystery incredible at ten thousand dollars. 12:27.786 --> 12:31.248 [SPEAKER_00]: Here's some animal statues that have, you know, some interesting. 12:32.248 --> 12:32.768 [SPEAKER_00]: I don't know what this. 12:32.969 --> 12:35.270 [SPEAKER_00]: This is a cow in an elf is Elvis outfit. 12:35.290 --> 12:37.171 [SPEAKER_00]: So he was able Elvis. 12:37.911 --> 12:38.592 [SPEAKER_00]: The king cow. 12:38.732 --> 12:39.132 [SPEAKER_00]: Okay, grab it. 12:41.814 --> 12:57.647 [SPEAKER_00]: American cow fucking bald eagle statue like there's just so much stuff on this site that I couldn't stop just clicking around and I imagine just like we saw for the Pokemon the traffic that's there for you know a life-sized mr. Incredible or like a mr. Incredible statue. 12:58.087 --> 12:59.028 [SPEAKER_00]: There's probably volume there. 12:59.428 --> 13:04.553 [SPEAKER_00]: I'm gonna look and verify this But I bet there's stuff around these look at these Star Wars characters. 13:04.733 --> 13:05.633 [SPEAKER_01]: Oh, yes, that was me 13:06.374 --> 13:10.238 [SPEAKER_00]: Yeah, so like how do I get in front of these people because I can tell just by the website. 13:10.258 --> 13:13.461 [SPEAKER_00]: They don't know how to do it marketing and like how can I be their marketing arm? 13:14.622 --> 13:16.664 [SPEAKER_00]: Because this seems like a fun game to play. 13:16.704 --> 13:19.206 [SPEAKER_00]: Maybe we should just not release this episode and go call these people down. 13:19.226 --> 13:19.666 [SPEAKER_00]: I'm not sure. 13:20.647 --> 13:21.708 [SPEAKER_01]: Yeah, no, I great. 13:22.029 --> 13:25.932 [SPEAKER_01]: I would have absolutely no doubt that in this is not a branded niche, right? 13:26.152 --> 13:27.574 [SPEAKER_01]: Got going back to what you were saying like 13:28.474 --> 13:29.475 [SPEAKER_01]: You're probably right. 13:29.855 --> 13:33.436 [SPEAKER_01]: I mean, you could do this with only a handful of suppliers. 13:35.457 --> 13:42.359 [SPEAKER_01]: And absolutely, nobody's so people are searching by what the thing is, what it looks like. 13:42.839 --> 13:48.221 [SPEAKER_01]: And that's your main keywords, like Stormtrooper sculpture or Stormtrooper life size statue or something like that. 13:48.801 --> 13:49.962 [SPEAKER_01]: You know, that's going to be your 13:51.203 --> 14:10.621 [SPEAKER_01]: your things and so I think I think you're absolutely right the licensing side of it and and whether these things have a copyright that applies to them and whatnot that's absolutely something you would have to think of because you can get yourself into some trouble there if you if you've got it wrong but it's a dropshipping in a moment right there yeah and so 14:14.624 --> 14:15.524 [SPEAKER_02]: Yeah, that's a company. 14:16.044 --> 14:17.124 [SPEAKER_01]: LM treasures selling it. 14:17.144 --> 14:17.865 [SPEAKER_01]: That's the company. 14:18.105 --> 14:19.005 [SPEAKER_01]: That is the company. 14:19.285 --> 14:20.085 [SPEAKER_01]: That's the one. 14:20.105 --> 14:20.325 [SPEAKER_01]: Yeah. 14:20.585 --> 14:20.765 [SPEAKER_01]: Yep. 14:21.005 --> 14:29.487 [SPEAKER_01]: So I don't know if I Walmart for everybody who says that Dropshipping Dropshipping is dead blah blah. 14:29.527 --> 14:29.847 [SPEAKER_01]: Look at this. 14:29.907 --> 14:31.147 [SPEAKER_01]: It's happening right on Walmart. 14:31.207 --> 14:33.007 [SPEAKER_01]: One of the biggest retailers in the whole world. 14:33.567 --> 14:34.748 [SPEAKER_01]: It's this one, right? 14:34.888 --> 14:36.548 [SPEAKER_01]: They're selling it for a thousand bucks more on there. 14:36.948 --> 14:37.128 [SPEAKER_01]: Yeah. 14:37.548 --> 14:37.708 [SPEAKER_01]: Yeah. 14:37.748 --> 14:38.968 [SPEAKER_01]: What would you? 14:40.549 --> 14:42.409 [SPEAKER_01]: And so anyway. 14:44.726 --> 14:46.948 [SPEAKER_00]: Yeah, what do you think of the slave sales market job? 14:47.008 --> 14:48.810 [SPEAKER_00]: Do you think it could this be fun or not? 14:49.030 --> 14:51.332 [SPEAKER_01]: Oh, it's one hundred, it could be so much fun. 14:51.412 --> 14:53.474 [SPEAKER_01]: Like, imagine just the fun you could have. 14:53.854 --> 14:55.215 [SPEAKER_01]: Like, it would just be fun. 14:55.696 --> 14:56.957 [SPEAKER_01]: It's a fun niche, right? 14:57.117 --> 14:59.519 [SPEAKER_01]: I mean, people are, people are fun into this stuff. 14:59.779 --> 15:02.682 [SPEAKER_01]: Yeah, yeah, people are buying this stuff to have fun with it. 15:02.702 --> 15:06.405 [SPEAKER_01]: You know, if you got into it, there's a lot, there would be so much. 15:07.486 --> 15:10.249 [SPEAKER_01]: Yeah, twenty one thousand dollar to set to con sculpture. 15:10.689 --> 15:19.081 [SPEAKER_01]: Like, I mean, there's some tangent series, well, like these metal sculptures, you know, I mean, they're different things, dudes make them and they're what? 15:23.006 --> 15:25.330 [SPEAKER_01]: Oh, yeah, I've always wanted our LeBron silicon head. 15:27.485 --> 15:29.507 [SPEAKER_01]: Sorry, these are weird. 15:29.527 --> 15:32.190 [SPEAKER_01]: These guys are obviously renting these things out as well. 15:32.410 --> 15:34.472 [SPEAKER_01]: You know, they're they're they're in California. 15:34.732 --> 15:40.237 [SPEAKER_01]: They're probably used in all sorts of ways for ads and, you know, things like that as well. 15:41.398 --> 15:45.843 [SPEAKER_01]: I'd say, you know, they got like the masks down the bottom there, head bus. 15:45.923 --> 15:47.164 [SPEAKER_01]: I want to sell this shit for them. 15:48.205 --> 15:49.386 [SPEAKER_01]: Yeah, it's crazy. 15:51.269 --> 15:53.350 [SPEAKER_01]: I mean, yeah, it's also super intriguing. 15:53.490 --> 15:54.070 [SPEAKER_01]: I've got to say. 15:54.730 --> 16:02.673 [SPEAKER_01]: And I can certainly say, there's a market here for a lot of this stuff for sure. 16:06.034 --> 16:10.235 [SPEAKER_01]: And maybe you're, maybe it's not your traditional, traditional high ticket dropshipping business. 16:12.876 --> 16:15.897 [SPEAKER_01]: But there's definitely a business here for sure. 16:16.529 --> 16:18.291 [SPEAKER_00]: And they clearly have all the licenses, right? 16:18.311 --> 16:21.974 [SPEAKER_00]: Like you're going to have to find somebody who has them already so that they can lend them to you. 16:21.994 --> 16:33.164 [SPEAKER_00]: I think there's probably that in a lot of different industries too, like a lot of companies that have the licenses for sports that you can apply the sports to your products. 16:33.244 --> 16:41.732 [SPEAKER_01]: And yeah, and I'd say they definitely would have some sort of 16:44.646 --> 16:47.107 [SPEAKER_01]: license there because that site. 16:49.068 --> 16:51.609 [SPEAKER_01]: So I'm not saying that site is. 16:52.170 --> 16:53.610 [SPEAKER_01]: Yeah, it's un- Shopify. 16:53.630 --> 17:08.198 [SPEAKER_01]: So if you were selling this stuff on Shopify and you didn't like that the Shopify's legal team definitely would things like movie stuff or like Avengers stuff or and I've had this happen to me personally they're a legal team will reach out to you. 17:09.538 --> 17:14.081 [SPEAKER_01]: And say, we think this stuff is trademarked by somebody else. 17:15.241 --> 17:20.224 [SPEAKER_01]: Can you provide proof that you have that it's licensed? 17:20.524 --> 17:22.585 [SPEAKER_01]: And if you can't say, yes, they just shut you down. 17:23.105 --> 17:24.166 [SPEAKER_01]: Like basically on the spot. 17:24.646 --> 17:28.488 [SPEAKER_01]: And if you've got payouts that are due to you, they hold them and everything. 17:29.228 --> 17:35.591 [SPEAKER_01]: If you're selling unlicensed gear, so that literally happened to me once, different types of products. 17:38.826 --> 17:53.840 [SPEAKER_01]: So I'd say just given the amount of stuff they have and how a lot of it flows from a movie or a TV show or something or something like that, I'd say like Disney and Pixar, like that, they get all over people about trademark stuff, you know, licensed stuff. 17:53.940 --> 17:59.325 [SPEAKER_01]: And so I would find it hard to believe that this isn't licensed thought of this stuff. 18:00.328 --> 18:04.390 [SPEAKER_00]: about even these, you know, this is no man's land, but I bet they move like crazy. 18:04.410 --> 18:07.571 [SPEAKER_00]: You might not make any money on him drop shipping him, but they bet those move like crazy, man. 18:07.831 --> 18:09.311 [SPEAKER_00]: Three, fifty is a sweet spot, you know? 18:09.812 --> 18:11.452 [SPEAKER_00]: Such easy products to sell too, right? 18:11.752 --> 18:14.853 [SPEAKER_01]: Because I mean, it's just that like there's no technology to it. 18:15.314 --> 18:17.634 [SPEAKER_01]: They're probably super easy to ship these ones. 18:19.055 --> 18:23.377 [SPEAKER_01]: You know, the main, like people can just go like, you don't need big product descriptions or anything to sell them. 18:23.517 --> 18:25.038 [SPEAKER_01]: It's just, it is what it looks like, right? 18:25.078 --> 18:25.659 [SPEAKER_01]: Look at that thing. 18:25.799 --> 18:27.820 [SPEAKER_01]: I mean, it's not going to cost much to ship in a box. 18:29.621 --> 18:30.481 [SPEAKER_01]: It's not big. 18:30.941 --> 18:46.090 [SPEAKER_01]: My step that would kill me for this, if I show it, if I show it, if I show it, if I show it, if I show it, if I show it, if I show it, if I show it, if I show it, if I show it, if I show it, if I show it, if I show it, if I show it, if I show it, if I show it, if I show it, if I show it, if I show it, if I show it, if I show it, if I show it, if I show it, if I show it, if I show it, if I show it, if I show it, if I show it, if I show it, if I show it, 18:50.378 --> 19:08.411 [SPEAKER_01]: Well, I've definitely looked at telescopes and other, you know, kind of optical things, plenty of times over the years, you know, it's not an uncommon one for people to come to me and say, hey, John should resale in this niche, this sort of astronomy kind of nation. 19:13.573 --> 19:34.547 [SPEAKER_01]: Yeah, I hadn't I hadn't come I think you you threw this one out me a couple of weeks ago and I was like these look new right like I've certainly I mean I've been on and off looking at this niche for the last sort of eight years I guess and I didn't remember these products so obviously this is a you know new technology kind of development thing there get it getting popular getting more popular and 19:37.188 --> 19:38.809 [SPEAKER_01]: Yeah, so I mean these these are products. 19:39.249 --> 19:44.971 [SPEAKER_01]: I don't I've seen people in the astronomy niche before I've seen websites there, but I've never seen people selling these in particular. 19:45.011 --> 19:51.293 [SPEAKER_01]: So this looks like a kind of new new type of thing to me for sure. 19:51.313 --> 19:59.275 [SPEAKER_01]: I mean looking at them obviously, you know, price points are great. 20:02.465 --> 20:04.226 [SPEAKER_01]: There's brands for them. 20:05.066 --> 20:05.346 [SPEAKER_01]: Great. 20:05.746 --> 20:06.587 [SPEAKER_01]: That takes a box. 20:07.787 --> 20:09.368 [SPEAKER_01]: Once again, a passion-based market. 20:11.168 --> 20:13.649 [SPEAKER_01]: People do the astronomy stuff because they love it. 20:13.709 --> 20:14.830 [SPEAKER_01]: They're passionate about it. 20:16.510 --> 20:17.611 [SPEAKER_01]: It's a fun thing to do. 20:17.811 --> 20:23.093 [SPEAKER_01]: I mean, from a niche perspective and a customer avatar perspective, that takes a big box. 20:25.353 --> 20:28.755 [SPEAKER_01]: So on the face of it, it would certainly seem like 20:32.438 --> 20:57.117 [SPEAKER_00]: good products to me like there'd be a good good nation based on what you what you can tell about it from the outside for sure way back in the day I had access to eight hundred nine hundred dollar telescopes from a distributor that I was getting some of my three-day printers from and I remember the margins looking good in there and then when I talked to my rap he was like yeah they look good now once we get you signed up they go down he's like you're you're gonna get about twelve percent on these and I 20:58.198 --> 20:59.740 [SPEAKER_00]: I've never even bothered with them at that point. 21:00.301 --> 21:04.909 [SPEAKER_00]: That was the extent to my telescope knowledge, but I saw these and I was like, man, they got to have more than twelve. 21:05.269 --> 21:11.400 [SPEAKER_00]: You know, there is some no man's landed here on these smaller ones, but these bigger ones at, you know, fifteen hundred three grand four grand. 21:12.608 --> 21:13.349 [SPEAKER_00]: I don't know who's buying him. 21:13.529 --> 21:16.471 [SPEAKER_00]: If I'm honest with you, that's not my area of expertise. 21:16.511 --> 21:21.955 [SPEAKER_00]: I don't know who those people are, but obviously someone's buying them and they're far easier to use, right? 21:21.975 --> 21:24.818 [SPEAKER_00]: You just say, hey, I want to see Jupiter and it's like, okay, where are you on the planet? 21:24.858 --> 21:26.859 [SPEAKER_00]: It moves you over to Jupiter. 21:26.899 --> 21:27.500 [SPEAKER_00]: That's pretty cool. 21:27.540 --> 21:29.741 [SPEAKER_00]: So I just, I'd never encountered these. 21:29.761 --> 21:34.125 [SPEAKER_00]: I actually don't even know how I stumbled on them and I figured I'd throw this in here at the end of the episode and see what you thought. 21:34.505 --> 21:36.426 [SPEAKER_00]: You know, obviously you need to sell a lot more than just this. 21:36.466 --> 21:42.790 [SPEAKER_00]: You can't just have a one product store and hope these manufacturers want to drop shit for you, but I do think plenty of wood. 21:45.099 --> 21:51.962 [SPEAKER_01]: Yeah, yeah, like I said, I mean, I've definitely seen people drop shipping telescope products before. 21:53.022 --> 21:58.744 [SPEAKER_01]: So definitely at least some of the brands there will drop ship either themselves or via distributors. 22:02.006 --> 22:03.686 [SPEAKER_01]: I don't have like super up to date. 22:04.687 --> 22:08.728 [SPEAKER_01]: Knowledge or intelligence of way the margins line this particular niche at the moment. 22:09.468 --> 22:12.089 [SPEAKER_01]: Once again, I'm sure there's a range there. 22:15.309 --> 22:22.973 [SPEAKER_01]: And I think there's probably some other products that you could pair these up with on a website as well. 22:23.774 --> 22:27.156 [SPEAKER_01]: You wouldn't need to just be a telescope website if you don't want to. 22:28.216 --> 22:32.659 [SPEAKER_01]: Of course, there's some other interesting things, astrophotography. 22:34.800 --> 22:40.042 [SPEAKER_01]: There's some cool things out there that could go alongside this sort of stuff. 22:42.646 --> 22:46.358 [SPEAKER_01]: Yeah, once again, and a man as well, you know, you're not just in the 22:48.668 --> 22:58.912 [SPEAKER_01]: In the B to C, kind of landscape, there's a lot of organisations that buy these things, educational organisations, institutions that buy these things. 22:58.952 --> 23:03.973 [SPEAKER_01]: So there's a B to B side to it as well, potentially, which is probably cool. 23:04.013 --> 23:14.257 [SPEAKER_01]: You could sell multiple telescopes to the same business or the same institution, if it's a school or a university or something like that, I would assume. 23:15.160 --> 23:17.062 [SPEAKER_01]: There's astronomy clubs out there, right? 23:17.242 --> 23:28.290 [SPEAKER_01]: Like, like, you know, like golf clubs or whatever, you go out there and heat up all the astronomy clubs, saving you into a deal, get your thing promoted to their members or something like that. 23:28.330 --> 23:32.333 [SPEAKER_01]: There's probably a lot of different little marketing angles to it as well. 23:32.353 --> 23:38.158 [SPEAKER_00]: Well, I thought I'd throw it in there on the end because I stumbled on it, but, you know, to the listener or the watcher if you're watching this, 23:38.988 --> 23:44.454 [SPEAKER_00]: Which one of John and I get more excited about and like the way we acted like little kids on that first one. 23:44.634 --> 23:49.360 [SPEAKER_00]: That's how you want to find your the niche you're like you want to find one like that that just makes you giddy. 23:49.380 --> 23:51.762 [SPEAKER_00]: Because that's we're here to have fun man. 23:51.802 --> 23:52.083 [SPEAKER_00]: I don't know. 23:52.123 --> 23:52.764 [SPEAKER_00]: I like having fun. 23:52.784 --> 23:54.185 [SPEAKER_00]: So I stumbled on that. 23:54.686 --> 23:59.992 [SPEAKER_00]: I'll throw out the usual disclaimer if somebody's thinking about trying to do those statue things John and I are in just tell us what we need to do to 24:00.452 --> 24:03.813 [SPEAKER_00]: to to invest or help you out because I think that it would be a whole lot of fun. 24:03.833 --> 24:05.714 [SPEAKER_00]: You do have to be a nerd to be qualified. 24:05.734 --> 24:08.415 [SPEAKER_00]: You have to be into that stuff and have maybe, you know, some experience. 24:08.455 --> 24:10.295 [SPEAKER_00]: I know often we get people reach out. 24:10.455 --> 24:11.216 [SPEAKER_00]: I've never done this before. 24:11.276 --> 24:12.336 [SPEAKER_00]: I actually haven't started. 24:12.356 --> 24:15.697 [SPEAKER_00]: I'm not even sure I'm going to buy your course, but I will partner with you tomorrow. 24:16.177 --> 24:18.178 [SPEAKER_00]: Um, yeah, that's not exactly who we're looking for. 24:18.198 --> 24:20.179 [SPEAKER_00]: Um, you know, have a little bit of experience. 24:20.199 --> 24:22.660 [SPEAKER_00]: But if you're into that, I think I try it out, John. 24:22.680 --> 24:23.180 [SPEAKER_00]: I don't know about you. 24:23.320 --> 24:24.520 [SPEAKER_00]: What did you, good niche bad niche? 24:24.540 --> 24:25.320 [SPEAKER_00]: What did you say? 24:26.581 --> 24:26.701 [SPEAKER_00]: Um, 24:30.872 --> 24:53.582 [SPEAKER_01]: like interesting niche interesting niche yeah a lot like I say with there with there with there with there live side statues and and that sort of thing my biggest thing holding back from staying is a good niche is that I don't see a lot of brands there like a lot of suppliers which we usually look for now like you said maybe it's a you do it slightly different here because you're less worried about branding and that sort of things it's more about the product 24:55.179 --> 24:59.508 [SPEAKER_01]: So that might not be a deal breaker, but yeah, like everything else. 25:00.009 --> 25:00.731 [SPEAKER_01]: Yeah, good niche. 25:01.713 --> 25:05.275 [SPEAKER_01]: If I put that one question aside, yeah, definitely good niche. 25:06.496 --> 25:13.481 [SPEAKER_01]: Whether you can work out the supply bit, that might make it a bad niche, because it might not be viable if you can't get anybody to let yourself their products. 25:13.561 --> 25:22.727 [SPEAKER_01]: But that aside, I mean, like I say, even if you couldn't, I'm intrigued with the idea of like, how much can we buy Pokemon plushies for made in China? 25:22.747 --> 25:27.370 [SPEAKER_01]: On bulk, can we put fifty of them in a warehouse and sell them for a thousand bucks each? 25:29.247 --> 25:31.709 [SPEAKER_00]: So there's no rules in the United States. 25:31.749 --> 25:33.710 [SPEAKER_00]: There's no rules on reselling an item. 25:34.050 --> 25:36.992 [SPEAKER_00]: Like let's say like Pokemon, you need a license to sell that. 25:37.552 --> 25:43.156 [SPEAKER_00]: There's no rules that says we absolutely need a license unless we clearly state we are not Pokemon. 25:43.176 --> 25:46.959 [SPEAKER_00]: And like if we buy them at cost from somewhere, even if it's like 25:47.839 --> 26:11.395 [SPEAKER_00]: retail cost and then we raise our prices and we become the store we can sell them for whatever we want we just have to you know you can you can pick their colors you can call us jokiman you know you can't be too specific right but you have to clearly state we are not this brand and then we can sell them to so I think there's ways around this and maybe it's not the high ticket drop shipping angle but you know much like you john i think we could riff out an idea to make any of this stuff work if we really wanted to so 26:12.416 --> 26:12.676 [SPEAKER_00]: I don't know. 26:12.716 --> 26:13.797 [SPEAKER_00]: This has to be very intrigued. 26:13.817 --> 26:15.659 [SPEAKER_00]: It feels like a weekend project. 26:15.719 --> 26:18.041 [SPEAKER_00]: I'll just call these guys and be like, hey, here's my experience. 26:18.161 --> 26:19.622 [SPEAKER_00]: I can whip up a website this weekend. 26:19.702 --> 26:20.943 [SPEAKER_00]: I bet I can move some product for you. 26:20.983 --> 26:21.483 [SPEAKER_00]: What do you say? 26:21.523 --> 26:23.045 [SPEAKER_00]: Let's, you know, you have nothing to lose here. 26:23.065 --> 26:23.805 [SPEAKER_00]: Yeah. 26:24.045 --> 26:24.966 [SPEAKER_00]: I don't know. 26:25.627 --> 26:26.768 [SPEAKER_00]: I'm going to say a good niche. 26:26.828 --> 26:27.168 [SPEAKER_00]: Good niche. 26:27.528 --> 26:27.788 [SPEAKER_00]: Yeah. 26:27.828 --> 26:28.669 [SPEAKER_00]: Wherever the screen is here. 26:29.190 --> 26:29.530 [SPEAKER_00]: Good niche. 26:30.591 --> 26:31.652 [SPEAKER_00]: All right. 26:31.672 --> 26:36.516 [SPEAKER_00]: If you guys have one that you stumble across that you think John and I should get you got about centered our way. 26:36.556 --> 26:37.056 [SPEAKER_00]: We'd love to have it. 26:37.076 --> 26:39.398 [SPEAKER_00]: They're one in the comments if you want us to check one on the next episode.