Hard-Core Lessons From Starting A Small E-commerce Store On a Shoestring Budget
Lesson 1: Not Every Product Is Fit For You.😃
About 4-5months ago, my friend @semmychuks and I decided to set up a lil e-commerce store with very little capital.
So, we sat down and thought about..
Lesson 1: Not Every Product Is Fit For You.😃
About 4-5months ago, my friend @semmychuks and I decided to set up a lil e-commerce store with very little capital.
So, we sat down and thought about..
some products that could give us immediate return and good product selling experience.
We thought of a whole lot of products including health products and other stuff...but we finally settled at selling a simple vanity product.
Now, what are vanity products?
These are...
We thought of a whole lot of products including health products and other stuff...but we finally settled at selling a simple vanity product.
Now, what are vanity products?
These are...
products that people love to buy and are already buying. Example: handbags, shoes, wristwatch, accessories, clothes, hairs etc.
Back to my story..
We got our first products and started marketing. After our first ad, we realized that a lot of people actually wanted this...
Back to my story..
We got our first products and started marketing. After our first ad, we realized that a lot of people actually wanted this...
stuff.
And no matter how many they owned already, they were still ready to spend more on these products.
It's just that way.
Now listen, If you have very little capital & almost no experience in selling, vanity products are a good place to start.
Why?
• They are easily👇🏾
And no matter how many they owned already, they were still ready to spend more on these products.
It's just that way.
Now listen, If you have very little capital & almost no experience in selling, vanity products are a good place to start.
Why?
• They are easily👇🏾
available
• Demand for it is always up!
• You can buy at such low price and sell high prices.
• They are good for testing your marketing prowess (creating great offers and stuff)
• They sell like crazy especially doing festive seasons like this one.
Action point:👇🏾
• Demand for it is always up!
• You can buy at such low price and sell high prices.
• They are good for testing your marketing prowess (creating great offers and stuff)
• They sell like crazy especially doing festive seasons like this one.
Action point:👇🏾
Find a vanity product that you know you can sell and start selling it.
In my next lesson, you'll learn how to beat your competition in the market without competing on price.
Learn something? Share!!!
See you in lesson 2.
In my next lesson, you'll learn how to beat your competition in the market without competing on price.
Learn something? Share!!!
See you in lesson 2.
• • •
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