Recent content by Jwan

  1. Jwan

    Thinking of hiring social media/marketing services

    I tried that for a while, and although I did get a slight increase in orders, the money that came in didn't cover the advertising cost. I will steer clear of hiring anyone for social media right now.
  2. Jwan

    Thinking of hiring social media/marketing services

    I sell on Amazon, eBay and own site. If you search for my exact brand of tea, yes, but I am not first for the generic term of the tea. I am not stocked anywhere physical, I went to a couple of local health stores, but they weren't interested.
  3. Jwan

    Thinking of hiring social media/marketing services

    I see, thank you. I can answer some of those questions because a while back I sent out a questionaire. Customers are between 25 and 40 years old, they are professionals and health conscious. Competition is other sellers of the same type of tea, but in the UK, there's one major one, though they...
  4. Jwan

    Thinking of hiring social media/marketing services

    Thanks Mark, for clarity, what is typically outlined in a good "strategic marketing plan"? And how much does it cost to get someone to come up with one?
  5. Jwan

    Thinking of hiring social media/marketing services

    Hello everyone I am thinking of hiring a local social media/marketing company. On Google, they have eleven, 5 star reviews, but these could be family/fake reviews. My business a limited company selling tea. It isn't making much money. The money is makes just about covers the cost of...
  6. Jwan

    How much should I be paying for advertising services?

    Thanks, I'll see what there is for WordPress on tracking codes.
  7. Jwan

    How much should I be paying for advertising services?

    Thanks, the £6 to £7 includes everything (except the packing). So yep, postage is included in that, paypal fees are included, the bag, the shipping box, the actual tea product, everything is in that £6-£7. 50p per sale sounds good! But how would I know that the sale came from them or not?
  8. Jwan

    How much should I be paying for advertising services?

    Material/Goods cost me between £6 and £7 (my packing time not included). I sell a bag of the product at £9.99. Current sales, between Amazon & eBay and my store is something between 50 and 70 orders a month. How can I promote competitions? Like what? I'm very uncreative in these things :(
  9. Jwan

    How much should I be paying for advertising services?

    Stock yes, packing yes. What if the agreement is, he won't get any money from me unless I reach that profit goal? Would that be fair? Maybe the £3000 is for big clients? And they'll expect smaller payment from me? I'll have to know more.
  10. Jwan

    How much should I be paying for advertising services?

    Each order nets me a profit of £2.50 and no the product is not in high demand (according to my current orders at least). It is a herbal tea product. So I'd need 2000 orders a month to get £5000 profit. £3000 of that would go to them (retainer fee) and £2000 would be my profit of £500 a week...
  11. Jwan

    How much should I be paying for advertising services?

    Hello all I got contacted by a small company that does paid advertising (through a family connection who works at the company). We talked and I was asked "Where would you like to be in 12 months", I said, as a first goal post, £500 a week profit would be nice. £500 a week profit might not be...
  12. Jwan

    Someone's business idea, my work, how should ownership be split?

    @gpietersz Sadly, they're none of those things.
  13. Jwan

    Someone's business idea, my work, how should ownership be split?

    Thanks all. @Stas Lawicki option 2 doesn't seem fair to me. It was their idea. I forgot to mention, one of them is married to my sister. o_O You've all provided good insight. Thank you for all your responses :)
  14. Jwan

    Someone's business idea, my work, how should ownership be split?

    Yeah, sadly they don't have the money to hire software engineers, hence why it was proposed to me.
  15. Jwan

    Someone's business idea, my work, how should ownership be split?

    Hello all I have a dilemma. Someone proposed a business idea to me, it requires building an online platform, which I will be doing. The person who proposed the idea won't be doing much (everything that he does or will do, can be done by my wife for example, or my Mum). The idea revolves...
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