This is it! I am going to earn my first paycheck in my own business, and I'm going to do it online!:smx1:
Does it follow the 5 F.L. Commandments? Kinda...
Entry isn't very easy but it also doesn't require a lot of money.
Control, I can keep in control but I will have to work with one or more manufacturers/distributors.
Scale, It's a website with small, lightweight products so is it scalable? Absolutely!
Time, It will take time to set-up and perfect. Once it's finished it can be automated. (using online systems and a distribution system
So where does that leave the most important part of the CENTS list? Need...
There isn't really a big need for this product but I do know people who would buy this if it was easy to buy and inexpensive.
As you can see this business is probably NOT going to make me a fastlane millionaire, But I think it IS a good way to start your very first business right?:huh2:
Now, for that not so needed but fun product I will be selling... It's a product that's allready out there but there isn't a site that is actually dedicated to this theme. The plan is to sell customizable products like t-shirts, mugs etc. (This has been done a million times, I know.) with the theme as a twist. There won't be any copyright problems and I allready have enough images to print on the products.
!Example!
Let's say that I want to start a themed webshop for "Ice age 4" (And let's pretend I am allowed to!)
[video=youtube;Hf74Sp0Xe6Q]http://www.youtube.com/watch?v=Hf74Sp0Xe6Q[/video]
My target group (In this example: kids) will be able to select an ice age image, and place it on a t-shirt or a mug. Then they will be able to rotate or mirror the image and size it. After this they can repeat the same steps for additional images or text. Of course it has to be possible to select a product, a size/type/shape and a color etc.
When a product is finished you can add it to your cart and make another product, share your shirt for example on various social media pages, buy your products via various payment methods.
End of example!
So how will I achieve this without spending a lot of money?
The plan:
I will have to find a supplier who is willing to do a lot of work for me because in best case scenario they would have to create and send the products to my clients for me! It can sound a little farfetched but bear with me for a second.
Best case scenario: I find a supplier that has one or more of the products I want to sell and print and the abillity to print them. I convince the supplier to "blind ship" for me (some sort of drop shipping). I will have set-up a site with a t-shirt design tool in advance or I had it get set up for me.
The next step would be marketing the hell out of it the cheapskate way (Social media) + some various ads on sites where I know my target group hangs around.
(Possible) problems
The website.
I am no webdesigner and I have never set-up a tool like this before. I will probably need to buy a tool like this that I can easily integrate into an ecommerce platform like Magento. I know it exists but it is way to overpriced if you ask me. I will need the enterprise edition which costs $2.995,- /Y to be able to integrate the tool. Then I will need the tool itself which costs $1.399,-.
The supplier
It may be hard to convince a supplier to keep inventory, print the product, send the product to my customer AND keep his own name out of it while adding a flyer from MY business all for a reasonable compensation.
Who wants to earn some REP++ and some thanks??
Please let me know what you think about this plan! If you have any kind of advice on how to overcome one of the above stated problems or if you foresee some other issues please reply! I will think you are awesome if you do so!:hl:
I would really appreciate any kind of advice, tips, opinions and other valuable contributions and I WILL thank you or rep you for your reply if it was truly usefull or provided me with insight.
Thanks!
Thank you for reading this lengthy post! I hope everyone has had a merry christmas, I wish everyone all the best on their fast lane endeavors and a happy new-year!!
:fireworks::fastlane:
Best regards,
Mike
Does it follow the 5 F.L. Commandments? Kinda...
Entry isn't very easy but it also doesn't require a lot of money.
Control, I can keep in control but I will have to work with one or more manufacturers/distributors.
Scale, It's a website with small, lightweight products so is it scalable? Absolutely!
Time, It will take time to set-up and perfect. Once it's finished it can be automated. (using online systems and a distribution system
So where does that leave the most important part of the CENTS list? Need...
There isn't really a big need for this product but I do know people who would buy this if it was easy to buy and inexpensive.
As you can see this business is probably NOT going to make me a fastlane millionaire, But I think it IS a good way to start your very first business right?:huh2:
Now, for that not so needed but fun product I will be selling... It's a product that's allready out there but there isn't a site that is actually dedicated to this theme. The plan is to sell customizable products like t-shirts, mugs etc. (This has been done a million times, I know.) with the theme as a twist. There won't be any copyright problems and I allready have enough images to print on the products.
!Example!
Let's say that I want to start a themed webshop for "Ice age 4" (And let's pretend I am allowed to!)
[video=youtube;Hf74Sp0Xe6Q]http://www.youtube.com/watch?v=Hf74Sp0Xe6Q[/video]
My target group (In this example: kids) will be able to select an ice age image, and place it on a t-shirt or a mug. Then they will be able to rotate or mirror the image and size it. After this they can repeat the same steps for additional images or text. Of course it has to be possible to select a product, a size/type/shape and a color etc.
When a product is finished you can add it to your cart and make another product, share your shirt for example on various social media pages, buy your products via various payment methods.
End of example!
So how will I achieve this without spending a lot of money?
The plan:
I will have to find a supplier who is willing to do a lot of work for me because in best case scenario they would have to create and send the products to my clients for me! It can sound a little farfetched but bear with me for a second.
Best case scenario: I find a supplier that has one or more of the products I want to sell and print and the abillity to print them. I convince the supplier to "blind ship" for me (some sort of drop shipping). I will have set-up a site with a t-shirt design tool in advance or I had it get set up for me.
The next step would be marketing the hell out of it the cheapskate way (Social media) + some various ads on sites where I know my target group hangs around.
(Possible) problems
The website.
I am no webdesigner and I have never set-up a tool like this before. I will probably need to buy a tool like this that I can easily integrate into an ecommerce platform like Magento. I know it exists but it is way to overpriced if you ask me. I will need the enterprise edition which costs $2.995,- /Y to be able to integrate the tool. Then I will need the tool itself which costs $1.399,-.
The supplier
It may be hard to convince a supplier to keep inventory, print the product, send the product to my customer AND keep his own name out of it while adding a flyer from MY business all for a reasonable compensation.
Who wants to earn some REP++ and some thanks??
Please let me know what you think about this plan! If you have any kind of advice on how to overcome one of the above stated problems or if you foresee some other issues please reply! I will think you are awesome if you do so!:hl:
I would really appreciate any kind of advice, tips, opinions and other valuable contributions and I WILL thank you or rep you for your reply if it was truly usefull or provided me with insight.
Thanks!
Thank you for reading this lengthy post! I hope everyone has had a merry christmas, I wish everyone all the best on their fast lane endeavors and a happy new-year!!
:fireworks::fastlane:
Best regards,
Mike
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