REAL Men World - Sell Project

This is a Dropshipping Business. Dropshipping is a retail fulfillment method where a store doesn't keep the products it sells in stock. Instead, when the store sells a product, it purchases the item from a third party and has it shipped directly to the customer. As a result, the selling merchant doesn't stock or own inventory or handle the goods. This kind of business model is extremely attractive as it eliminates the need for the store owner to have a physical business location such as an office space or warehouse – instead, all they need is a laptop and an internet connection. 3. Highlights Strengths Less Capital Is Required Probably the biggest advantage to dropshipping is that it's possible to launch an ecommerce store without having to invest thousands of dollars in inventory up front With dropshipping, you don't have to worry about: Managing or paying for a warehouse Packing and shipping your orders Tracking inventory for accounting reasons Handling returns and inbound shipments Continually ordering products and managing stock level Flexible Location: It can be run from just about anywhere with an internet connection. As long as you can communicate with suppliers and customers easily, you can run and manage your business. Low Overhead – Because you don't have to deal with purchasing inventory or managing a warehouse, your overhead expenses are quite low. Easy to Scale – With a traditional business, if you receive three times as much business you'll usually need to do three times as much work. By leveraging dropshipping suppliers, most of the work to process additional orders will be borne by the suppliers, allowing you to expand with fewer growing pains and less incremental work. Opportunities Over 105.000 untouched email list The Q4: take advantage of sales rise in fourth quarter (Xmas-Black Friday-Cyber Monday) Private Label: You can build your own Brand and ship the Logo and packaging designs to the supplier and will to everything for you. Outsourcing: When you are scaling you need to hire some workers but everything will be online. The Virtual Assistants could run and operate the Business for you for the cheapest prices ($150 monthly). Business Development: partnering with other webstore and resellers to sell products through alternative channels. 4. Operations Administration Customer support: It depends on the Volume but you can operate it ALONE (1-3 hrs/wk); about 7 tickets per week. Most are about shipment information. The owner takes this as a chance to make customers advocates of the brand by delivering high quality and personalized answers/solutions. But in the scaling phase the volume will grow either, therefore a Virtual assistant will make this tasks easier. Product research: Looking for trending products to advertise, everything is automated and your VA can do it too just by searching in the some websites. (Top Trending products, which Amazon don´t have them yet..Big Opportunity) General Administration: (0,5 hrs/day) checking your Ad campaigns and Optimise them NOTE: you can just Hire just one Virtual assistant who can do all this tasks for you if you have an other Business to manage. Fulfilment and Assembly Fulfilment: All orders are fulfilled by a third party and thank you emails, order confirmations with invoices and emails with tracking information are being sent to the customers automatically. Products are never out of stock. There are multiple suppliers to provide you with the same products. Assembly: everything is made by the supplier. He handle everything for you and provides you the tracking informations to be sent your customers (everything is automated with just one click) Marketing and Business Development Marketing, (2hr/week). Reaching out to vloggers, bloggers, Fashion news websites, influencers on Instagram Facebook and youtube, Business Development (0 hrs); currently no time is spent on business development. There are interesting options to explore such as partnering with web shops and resellers for other sales channels. Potential partners are reaching out to us every now and then. 5. Customers Customer Profile and Segmentation Our target market is 21 to 50 year old male with an interest for fashion and clothing. Most of our customers are from the US, CA UK, Germany and from Australia. Customer Acquisition Customer have been acquired primarily via Facebook and Instagram campaigns which represents 85% of total traffic. While direct traffic driven by SEO represents 15% of the total traffic. Customer Retention Customer are retained by advertising new products and sending out promotion via our Facebook Page. The mailing list currently has 105.000 active subscribers but we have never launched Email Campaigns before. 6. Seller Notes Maybe this Business Model seems to be something new for you that's why I will be over your shoulder providing you with all my experience to make everything clear for you. Bonus: As have a paid course for you about product research, facebook Ads, Bu...