Post by account_disabled on Dec 6, 2023 5:50:54 GMT -5
Producing products yourself The advantage is that you can precisely control the quality of the brand to a good standard. But it requires other skills to be involved, such as skilled personnel in production. Especially as it is a handicraft product. You may face the problem of insufficient production capacity to meet demand as your business grows. Including the challenge of purchasing enough raw materials to produce products. Find a factory that produces products Another option is that you can find a factory that manufactures the product instead of having to make it yourself. Currently, there are factories with complete resources to produce products and brand them for you. In general, you may have to find a source of production that has lower labor costs. To help reduce production costs, such as factories in China, Taiwan or India, etc.
Wholesale purchases Buying products at wholesale prices It's a quick and easy format. Because you can Phone Number List immediately contact the brand owner or manufacturer. You can buy at a low price and then sell at a higher price. The advantage is that there is lower risk. Because you can research and research before buying that What brand of product? Highly reliable There is good marketing. Have a strong brand Which don't have to worry about that. Will it sell or not? As in the case of producing the product yourself The risk is when the product is produced. But maybe no one wants to buy it at all. The disadvantage is Profit per unit may not be much. and does not have its own brand The last question is What format do you choose to compete in? Competing in the e-commerce business can determine the future of your business. It is very important that you choose.
How will you compete with your competitors in marketing? Compete in price Of course, this type of competition Not suitable for small businesses that do not have enough capital. Because if you choose to compete in the form of price You may have to face big competitors. that have a lot of capital, long lines, and eventually they will lower the price until you can't survive. Because there is no profit left Plus risk of loss and eventually died. Then the market leader will return to sell at the original price. Compete in product quality If you choose to compete in product quality It will greatly reduce competitors. But it may have to come at the cost of higher production. Longer production time Resulting in high product prices The quantity of the order may be reduced. For example, If you think of a smartphone High quality, high price, so the number of orders will decrease. But the number of competitors has decreased as well.
Wholesale purchases Buying products at wholesale prices It's a quick and easy format. Because you can Phone Number List immediately contact the brand owner or manufacturer. You can buy at a low price and then sell at a higher price. The advantage is that there is lower risk. Because you can research and research before buying that What brand of product? Highly reliable There is good marketing. Have a strong brand Which don't have to worry about that. Will it sell or not? As in the case of producing the product yourself The risk is when the product is produced. But maybe no one wants to buy it at all. The disadvantage is Profit per unit may not be much. and does not have its own brand The last question is What format do you choose to compete in? Competing in the e-commerce business can determine the future of your business. It is very important that you choose.
How will you compete with your competitors in marketing? Compete in price Of course, this type of competition Not suitable for small businesses that do not have enough capital. Because if you choose to compete in the form of price You may have to face big competitors. that have a lot of capital, long lines, and eventually they will lower the price until you can't survive. Because there is no profit left Plus risk of loss and eventually died. Then the market leader will return to sell at the original price. Compete in product quality If you choose to compete in product quality It will greatly reduce competitors. But it may have to come at the cost of higher production. Longer production time Resulting in high product prices The quantity of the order may be reduced. For example, If you think of a smartphone High quality, high price, so the number of orders will decrease. But the number of competitors has decreased as well.