Taking business online

momon121

Free Member
Mar 30, 2010
630
45
How are you planning on selling, market place or own website?
70p to return a £1 wont work online, even on your own website, especially if you are equating volume to 100 units per week. You will run out of money fulfilling orders from the comments you have previously made.

If it were me ( and its not so its easy for me to spend your money) I would try to bundle and take £20 £30 or whatever the number is so that you can absorb some or all your distribution costs and still make a margin.

Good luck, be careful.
The above was a basic example. However yes I have given thought of revising some of the prices and I will have to obviously with the added costs involved
 
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jo.ann

Free Member
Feb 22, 2019
17
5
It turns out that running an online business is constantly observing competition and customer behavior. You have to adapt to market changes and buyers' expectations, while earning money. This is a big undertaking but in the long run, I think, especially in the current circumstances, it is worth undertaking the effort. On your advice, I see that I need to try different solutions but success is possible.
Thank you for a great topic and a lot of valuable advice.
 
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