I Need Help To Set Up A Website

[Dawg]

Are you saying that this is a doomed project?

Nah. Keep punting Mike, keep punting..

 

[TechFox]

Nah. Keep punting Mike, keep punting..

Just to make sure I'm not misunderstanding you, what exactly do you mean by 'Keep punting'?

 

[snakeeyes121]

All your contributions are a complete waste of time fellow members. It seems that the OP wants to set up an 'on-line pound' shop. The cataloging alone would costs a fortune and to be able to buy and sell at £1 like the PoundLine shops requires an expert buying team and millions of pounds of stock.

Personally I think this is a wind-up. Check out the members name.

ASARELOVE.

I think that given the OP's txt speak there could be an obvious variation on that.

What a load of tosh.

How would cataloging cost a fortune?
a capable person could list and change hundreds of items in a day.
And theres quite a few pound shops / cheap shops online and I believe they do fairly well.

It doesn't take having millions of pounds of stock and an expert buying team to make a profit, the stock holding is left to the suppliers and theres plenty around who specialise in that market.

It must be quite nice up there in your make believe land.

Down here in reality some if the best and most successful businesses have been started on a shoe string.

Take a look at Sainsburys, they started on a market stall now look at them, and theres thousand of other successful people who have started the same way.

Look at all those professional sellers in your local market and tell me they hold millions of pounds of stock

 

[oldeagleeye]

What a load of tosh.

How would cataloging cost a fortune?
a capable person could list and change hundreds of items in a day..

Hundreds !!! Try 3000 items. That's about how many our local Poundland has and to get them at the right price they have to buy in volume which in turn takes a team of buyers.


And theres quite a few pound shops / cheap shops online and I believe they do fairly well.

It depends what you mean 'fairly well'. After throwing away the crap you get with job lots and allowing for VAT typical margin is 10%. So Ok you sell a 1,000 and that is some going for a site that will be lost in cyberspace and there is £100 quid in it. Petrol money trying to find more job lots that's all. There is no profit.

It doesn't take having millions of pounds of stock and an expert buying team to make a profit, the stock holding is left to the suppliers and theres plenty around who specialise in that market.

Nonsense. Go down Commercial Road or Brick Lane in London and your find hundreds of wholesalers and not one can compete with the Poundland shops. That get first option on any suplus or second quality stock from all the big manufacturers here and abroad.

It must be quite nice up there in your make believe land

Down here in reality some if the best and most successful businesses have been started on a show string.

Take a look at Sainsburys, they started on a market stall now look at them, and theres thousand of other successful people who have started the same way.

My feet are firmly on the ground matey - make no mistake about that. Whats more in my business career I have created 3 companies with more than a million pound turnover. In fact the last one tuned over around £100 million a year and each one of my businesses I started from home with less than a £100 quid in my back pocket.

BTW. You can't give Sainsbury as an example. I doubt that there have been over a few dozwn market traders over the last 50 years that have even graduated to a shop. Not because they are not successfuln but because they know it's a living and that is it - not a road to growth.

Look at all those professional sellers in your local market and tell me they hold millions of pounds of stock

I said Poundland hold millions of pounds worth of stock but all that is besides the point.


I said this was a no brainer because the OP hasn't got anything going for them. They have a domain name but need free hosting - saving what - £25 quid. You would be lucky to come out of a charity shop with 10 items for that money.

The OP lacks even the very basics of putting together a web site. Doesn't even know to to upload a template le alone catalogue it and you think that this business is viable. Come on now.

Mind you. There have been a few on here trying to sell snake oil so you never know and pigs can fly. Well over Westminster anyway to get to the trough.

 

[snakeeyes121]

And I'm sure a lot of online sellers couldn't piece together a website either, it doesn't mean they cant or wont learn.

You cant compare a company like poundland to a small online shop selling similar items, the only reason poundland have a buying team and huge stock holding is because they have hundreds of shops to keep stocked.

Your little £1 shop down the road has a completely different way of working, they don't buy in huge job lots, like I said thats down to their suppliers who split in to manageable lots for the small seller.

Theres literally thousands of lines that are very profitable for those who choose to stock them. The profit margin on an average pound line is solmewhere in the region of 30 - 40%, which I'm sure you would realise if you had a look at the many hundreds of suppliers of those items.

Theres thousands of people around the UK who make a very good living out of selling sub £1 items.

I'm curious as to why you think that only making a living out of a business makes it less of a business than the big players?

In your eyes does a business have to have massive growth potential to be classed as a business?

For a lot of small business owners its not about raking in the dosh, its abou being your own person, many are happy with making the equivalent of what they would earn in employment.

Did you suddenly wakeup one day with a head full of business knowledge and a few successful companies under your belt? I highly doubt it.

 

[Dawg]

Take a look at Sainsburys, they started on a market stall now look at them, and theres thousand of other successful people who have started the same way.

Actually Sainsbury started out in a shop where the USP was marble counters, tied walls and staff uniforms instead of sawdust floors and wooden counters.
This was a capitalized business not a market stall. Are your other facts correct?

I came to the same conclusion as to this thread being a wind up. Either way, wind up or not, it's a waste of time, with the OP repeating a sad mantra of 'can I haz a websites.'

 

[oldeagleeye]

Sorry Snakeeyes. I don't know how old you are or what you do for a living but you haven't got a clue when it comes to retail.

For several years now all the major on-line retailers have been making losses on their web sites and although they are only gradually becoming pofitable most still make losses which makes your 30% - 40% profit margin a complete and utter nonsense - even when it comes to luxury goods.

How much profit on a £300 quid fridge freezer. About £10 quid. How much profit on an Apple Macbook at £988 about £40 quid and that could turn into a £100 loss if like John Lewis you offer a 3 year guarantee.

The bottom line here is that many manufacturers will cut prices to the bone and offer stock at less than cost price but only to the big players simply to maintain market share. Where the Internet is concerned those savings are then passed on to customers. There is no such thing as a 30& - 40% margin.

You might want to take on board that even in those industries where there is like high fashion. A restaurant or pub where the gross margins can be 65% - that after expenses and operating costs the typical net profit is little more than 10%.

And finally. No-one and certainly not I am knocking small business. In fact like most members on here we are keen to help start-ups and pass on our experience.

We do not appreciate however being taken for fools by wannabes who can't be bothered to even put in a tiny amont of effort themselves. I quote just a few examples that are typical.

" I am 19. How can I make £10,000 in 3 months working from my home computer"

" I want some-one to design a web site like Facebook but I don't have any money. Will anyone lend me any. Also how would I market it when I don't even know what I want to sell?.

"I want to set up an airline and need to borrow £1.5 million. That should see us through without having to sell a seat in the first year. Qusetion then will the banks lend me about £750,000 so I can convince other investors I am serious. Incidentaly. I don't have any assets as I live with mum & dad.

And now of course we have.

"I need to set up a web site. I have no money. No knowledge of how the Internet works. No business experience. No business plan. I don't even know how to source products. What the margins will be. Will some-one plz help."

Now if tht aint a nobrainer. Idnt no watt is and dnt u jus luv tis txt fing.

And finally Snakeeyes. You are of course perfectly entitled to your opinion but when expressing it may I suggest you have a bit more respect for your elders. Time served businessmen like myself with more that 40 years experience and across a wide range of business sectors. Yet despite this you insist that you know better than I and rubbised my opinion twice now.

Choose your words carefully in future then least you cross swords with me. In which case be aware. We Eagles love a snake or two before breakfast and I will no doubt have a nice portion of jellied eels when I go to the market on Friday justv to get the flavour..

 

[trixie]

What are your domain names? What are you planning to sell? I have just launched an online business for consumers. So I know it takes longer than one thinks and it makes sense to employ a webdeveloper for your sites.

 

[snakeeyes121]

Sorry Snakeeyes. I don't know how old you are or what you do for a living but you haven't got a clue when it comes to retail.

For several years now all the major on-line retailers have been making losses on their web sites and although they are only gradually becoming pofitable most still make losses which makes your 30% - 40% profit margin a complete and utter nonsense - even when it comes to luxury goods.

How much profit on a £300 quid fridge freezer. About £10 quid. How much profit on an Apple Macbook at £988 about £40 quid and that could turn into a £100 loss if like John Lewis you offer a 3 year guarantee.

The bottom line here is that many manufacturers will cut prices to the bone and offer stock at less than cost price but only to the big players simply to maintain market share. Where the Internet is concerned those savings are then passed on to customers. There is no such thing as a 30& - 40% margin.

You might want to take on board that even in those industries where there is like high fashion. A restaurant or pub where the gross margins can be 65% - that after expenses and operating costs the typical net profit is little more than 10%.

And finally. No-one and certainly not I am knocking small business. In fact like most members on here we are keen to help start-ups and pass on our experience.

We do not appreciate however being taken for fools by wannabes who can't be bothered to even put in a tiny amont of effort themselves. I quote just a few examples that are typical.

" I am 19. How can I make £10,000 in 3 months working from my home computer"

" I want some-one to design a web site like Facebook but I don't have any money. Will anyone lend me any. Also how would I market it when I don't even know what I want to sell?.

"I want to set up an airline and need to borrow £1.5 million. That should see us through without having to sell a seat in the first year. Qusetion then will the banks lend me about £750,000 so I can convince other investors I am serious. Incidentaly. I don't have any assets as I live with mum & dad.

And now of course we have.

"I need to set up a web site. I have no money. No knowledge of how the Internet works. No business experience. No business plan. I don't even know how to source products. What the margins will be. Will some-one plz help."

Now if tht aint a nobrainer. Idnt no watt is and dnt u jus luv tis txt fing.

And finally Snakeeyes. You are of course perfectly entitled to your opinion but when expressing it may I suggest you have a bit more respect for your elders. Time served businessmen like myself with more that 40 years experience and across a wide range of business sectors. Yet despite this you insist that you know better than I and rubbised my opinion twice now.

Choose your words carefully in future then least you cross swords with me. In which case be aware. We Eagles love a snake or two before breakfast and I will no doubt have a nice portion of jellied eels when I go to the market on Friday justv to get the flavour..

I have absolutely no respect for 'business people' like yourself who clearly try to belittle people.

And I rubbished your opinion because it clearly was a load of nonsense, you just spouted out about how its impossible to do this and that when you clearly haven't looked in to that particular sector, maybe a bit of research before you give advice is in order?

No such thing as a 30 - 40% margin? will you explain to me how I achieve it then?

The products I sell I buy for just shy of £1 some as low as 47p but that's with buying bulk and packaging them up smaller, I sell for £3.75 all day everyday.

 

[oldeagleeye]

Yea - Yea -Yea. Go and help the OP then. I am sure your both be happy living in a tent that you bought from Ebay.

BTW. Buy £1 sell for £3.75 is almost 300% profit not 40%. Ene of business lesson because this is getting boring.