Hey guys, I’m looking into opening an ecommerce store with my own private label products and products of others. I eventually want to build a name brand and it be the go to place. I have a few questions on how to handle it though.
My goal is to have 2 or 3 different quality lines. High end, medium, and low end.
Do I open the ecommerce store, let’s call it Acme Products. Do I make a line Called Acme XXX and have it with low quality, medium, quality, and high quality products with "different models". Or do I have separate brand names so people think of quality when they think of it. Say Acme XXX High Quality products, only the best of the best, Beta XXX Medium quality a mix of savings and quality, and generic name low quality, cheap type no thrills products?
Also, should I name the store the same name as one of the product lines? I don't want to name is the same as my high quality line and people not go to it thinking it's to expensive. I want to be known for having my products as well as others.
My goal is to have 2 or 3 different quality lines. High end, medium, and low end.
Do I open the ecommerce store, let’s call it Acme Products. Do I make a line Called Acme XXX and have it with low quality, medium, quality, and high quality products with "different models". Or do I have separate brand names so people think of quality when they think of it. Say Acme XXX High Quality products, only the best of the best, Beta XXX Medium quality a mix of savings and quality, and generic name low quality, cheap type no thrills products?
Also, should I name the store the same name as one of the product lines? I don't want to name is the same as my high quality line and people not go to it thinking it's to expensive. I want to be known for having my products as well as others.
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Membership Required: Upgrade to Expose Nearly 1,000,000 Posts
Ready to Unleash the Millionaire Entrepreneur in You?
Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.
With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.
Become a member and gain immediate access to...
- Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
- Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
- Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
- Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.
"You are the average of the five people you surround yourself with the most..."
Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!
Join Today
