How to win at the game of reselling!
The power of the internet is not to be underestimated, and we have had enough proof. It has brought the world closer and has lessened geographical barriers. Along with this, it has opened multiple income opportunities for almost everyone. The internet also gave birth to online shopping, and to add to that, the recent lockdowns fuelled it even more. With physical shopping being detrimental to health, online shopping came through and rescued us.
People are increasingly choosing to shop online. This has also increased the number of people who sell online. Online reselling business is one among them. Reselling is also gaining increasing importance as the seller is trusted.
One can start online reselling with no investment in heavy physical assets. The highlight of dropshipping AKA reselling is 0 inventory, 0 investment, and 0 losses. As opposed to many businesses, reselling also doesn’t need advanced gadgets. A simple smartphone that can help you access the internet is all you will ever need. This is also one of the most important features.
There are a few tips and tricks that can help you ace reselling and succeed in the business.
- Download the Shop101 App:
Shop101 is India’s #1 Trusted Reselling App. This app helps you to get hands-on over 1 lac products of A to Z categories. Be it home decor, or winter wear, or ethnic, or even footwear, this app has it all! Download the app today and explore the endless possibilities that online reselling offers! - Leverage your acquaintances/ network/ contacts:
Your acquaintances, friends, neighbours, and relatives know you well. They should be the ones you start your business with. Start building a list of people that could be your potential customers and start reaching out to them today. - Share products with a 4.5-star rating:
Ratings and reviews are filters you should apply in your online reselling business. Share the catalogues and products that have 4.5 stars. This builds trust in people’s minds and convinces them to make a purchase from you. - Add a realistic profit margin:
Profits are great, and they are every business’s goal. But adding realistic, convincing, and workable margins is the key to an ever-increasing customer base. Set profit margins that are competent and according to your target market. - Find your niche:
Do you have an eye for outfits? Or do you love footwear? Or do you have a keen interest in electronics? Explore your interests and pair them with customer likings when you share the products. - Add your expertise:
Are you a fashionista? Or just love styling? Or you are a makeup artist? Then resell the products and give your customers some great recommendations along the way!
Reselling can be started even if you don’t have experience. Your business is only a download away! Start your dream business, and taste the sweet financial independence in 2022!
