Hi entrepreneurs, how long did it take you to start making sales and how many branded units did you initially purchase? I'm thinking of starting with 20-30pcs to see what the intensity of demand will be. What do you think?
@J J That's what I'm here for, I want to take ideas from the 2 places and apply them either separately or together, in this type of e-sale I'm targeting frankly the margin is not very low compared to the price of the product from the supplier, example: the IPL hair laser price from the supplier is 38$ with my brand on it and the box + customized instructions for use + discount gift cards for orders of 30-100 units. And I can safely sell at prices of 150-300$ each. And all with very short delivery times and high quality products. I follow several sites that do this and have high sales numbers although some of them have started quite recently. And I'm interested in selling products with a higher market price but I think at the moment, compared to the crisis in Europe where I'm based, customers don't want to spend a lot on products whatever they were.
@J J You are right, I have already done my research and made sure that my product is in demand, and this business model you are practicing here is quite interesting and intriguing, I have not informed myself enough but I think I need a lot of capital to start something like this or I am mistaken, I would be grateful if you could give me more information