At iGen Entrepreneur we have been running a small, no subscription deal service where we share deals that we use within our own business, we are in a position to expand this out, in line with our business goals and also provide an intimate Mastermind feel which is outlined below.
IGen UK / USA Deal Service.
To summarize the service:
£150 UK, $180 USA per month
(Not VAT registered, and won’t ever be as this will be a separate business)
No contract, you can come and go as you please. we only ask that you give as much notice as possible if you intend to leave service.
The Deal Service sheets start on the second Monday of each month.
The option is available to join a sheet if available, mid way through the month, however you will pay for the month in full, pro rata is not available, as you'll have access to all the previously sourced deals for that month.
Discord will be used, this will hopefully help get that “mastermind” feel and allow for efficient communications and to reduce the delay in you receiving deals. Deals will be added live as they are found this reduces items selling out before clients get the deal.
5 (max 6) people per deal sheet - you can subscribe to multiple sheets.
All deals are found by VAs we employ and are the same deals we are buying for our business.
***This service also includes A2A UK Flips + Unlimited EU A2A Flips + 100s of Qogita Price Drops.***
Manually Sourced Online Arbitrage Deals Minimum Criteria
15 Keepa Drops per month
25% ROI
Minimum Profit per item: £1.5
Aim of 15% margin at Vat registered status.
No Hazmat items.
7 deals per day. (Monday to Friday)
Gatings/Restricted Items
Based on discussions with a few people, to begin with I am going to include all products, even if we are gated for them. This is because it only takes a matter of seconds to check if you are gated for a deal. We would rather include a deal we are gated for, than not include it. This is because if someone else isn’t gated for it, then it could be a really good find (less competition). The time spent checking this is worthwhile for the chance at a really good deal. This will be something we will work on with those people who join this deal service. We are very open to feedback here.
Number and Quality of Deals
We hope you agree that judgment of sheet quality should be based on the number of deals acted upon, as opposed to the number of deals delivered.
We will be looking to include at least 4-6+ buyable deals a day, based on feedback.
A2A EU Flips. (Unlimited #deals)
Walkthrough Video (8 minute long video : https://www.loom.com/share/2f1d3473d91c4ada88881d863ccc8fbe
Simply type “ /eu “ then the brand / item / category you want to source.
Analyse deals as per normal and factor in delivery costs (as per Walkthrough Video)
Qogita Price Drops
Qogita is a Health and Beauty Product Wholesaler Directory Website.
Sign up to Qogita : www.qogita.com
Our service will drop any price drops automatically in our server within seconds.
Example : https://www.loom.com/share/a6bae7ed6a0e47c4b6d20701595559e4
VA Expectations
We try to keep it quite simple with our VAs, whilst also making it a fair reflection of their performance. We record performance of VAs based on their “estimated profit per month” from deals found. In summary, we get them to estimate how many sales we will make, by analysing the Keepa data and the competition, and then multiplying this by the profit at the price point they think we can sell it at.
Why are we telling you this? Hopefully it will give you some idea of what you can expect, and also the kind of capital you’ll need.
The target for VAs is to generate 5x their salary in gross profit. Currently VAs are paid 20,000 PHP a month, roughly £300. So if sheet has 2 VAs, let’s call that £600. My hope is that a deal sheet will generate £3000 in gross profit in leads found.
By looking at your average selling price, and gross margin, you can work out the capital you’ll need to buy all these deals, if VAs meet their target.
Client expectations
Hybrid Between: Deal Sheet, VA Sharing, and Mastermind. We're sure by now you’ve gathered that we don’t want this to be just another deal sheet.
Our Discord channels have iGen staff and 5 clients we want to develop a support network where we can work together to help each others businesses.
The idea is simple: Working together for mutual benefit.
In simple terms, don’t ruin it for everyone else. I don’t want to flirt with price fixing, you all know what I’m talking about.
If you’re reading this, you’ve been invited for a reason. We know you have experience.
You’ve probably all come across a seller with a name of something like “PRICE DROP LTD”. If you want to be that guy, this service isn’t for you.
We're not saying that people who try to dump all their stock as fast as possible are right or wrong. We're not interested in having that argument. However, a deal share service won’t work if some people involved are crashing prices.
We expect you to use Discord to communicate honestly and effectively with people on the same deal sheet as you.
Our Commitment to You
We have been, and will continue to put in a lot of time to make this work.
We will work with you to make this service work. We just ask you to provide as much feedback as you can, and we promise we will act on that feedback to the best of our ability.
Monthly Subscription
UK Payment link
The price is £150 per month, processed via Gocardless https://pay.gocardless.com/AL0005M20BR6T8
USA Payment link
The Price is $180 per month processed via GoCardless
https://pay.gocardless.com/AL0005Z10V2JJ4
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