Some success, let's see if I can keep it going.
Exciting news is I've had another large order placed and coming from the states. I had to put in around $3000 of my own funds but the business paid for $8000 with revenue. Best part is, I still hold around 30-40 % of my stock.
I've got plenty of...
This last week has been interesting. We have had less sales, but higher sale amounts.
We are still having good interest in the website and our viewing numbers are up, time spent on website is higher also. I truly believe that the main reason people aren't buying is the product support isn't...
Thanks! It's been a learning curve so far but enjoying the challenge!
I've checked what my total sales is now, sitting at $5,100! My conversion rate is only 0.97% which is on the low side. Looking to improve this!
Good idea. Haven't even thought about Youtube Ads.
I have been developing an...
I will definitely be doing this once I confirm that the product is 100% up to my quality standard. Once I can be confident in the product, I'll get it out there.
Another good outcome is multiple people coming to me with suggestions other seals that replacements are hard to get and usually...
Since my initial post, we are now at 40 orders. Ok, nothing amazing but it's progress! I am also moving towards making another order from our supplier to supply a greater range of products.
Another problem I found was the exorbitant cost of some of the replacement parts for...
The last few weeks have been a blur.
Wins last week:
* Settled on our property. We weren't even on the market, had people approach us 3 weeks ago. Long story short, they paid 100k over market value to secure the property. We owner built, poured blood, sweet and tears into it. Sad to see it...
Moving forward I am trying to develop our stock to cater for more models that suffer the same issues trying to get parts.
Our Facebook page has hit 200 likes, minor feat. Trying to get more likes isn't easy though, need to develop a clear marketing campaign I think.
I have been lurking around these forums for quite a while, in the background - taking in all the great information being posted up here.
I was trying to figure out my next career move. "Start a business, start a business, start a business" was all I could think about constantly...
Thanks for the input everyone.
I have changed the site around. If anyone is keen, check it out again www.bavarianspeed.com.au
The colours I did keep the same for the time being but I have adjusted the 'our story' and the product pages.
Thankyou for your comments!
I will run some of those colours through and see how it looks.
That's true. I'm not in it just to make money, I am in it to build cars and teach my kids about them. All profits, eventually, will be going into creating a beautiful E30!
The colour combination I have gone with are the colours present in the iconic M badge. Maybe I can tone these done a bit.
The about us page. I do agree. It shouts boring to begin with and my story is lacking. I took the approach of talk less about me and more about what we can do for the...
Need some honest feedback on my website. I started a website selling performance parts for particular classic BMWs in Australia. At the moment, I am in the process of gaining more stock and getting everything lined up to provide a range of servicing products.
I have made 4 sales...
It is possible to get these made locally. At the moment though, the minimum order size would be the most prohibitive factor due to funding.
I decided to call the supplier directly and have a good conversation with their team about my situation in regards to a couple of products. They are very...
Some excellent tips there.
* Make a draft/concept of final store design and it's direction
* Upload complete product list and check-over descriptions
* Pay for Xero & Integrate with Shopify - something I've been thinking about for too long.
I do find completing everything around...
Wins Last Week
* Managed to get my first pre-order for goods coming from a supplier
*Organised a meet with an enthusiast to take pro shots - stock photos for ecommerce car part shop
* Finalised Logo and had really good feedback about it
Make this week a win?
* Place initial order from supplier...
I have been putting together spreadsheets and gathering information from other competitor store over the last couple of weeks.
I have found that after shipping, taxes and so forth - I am on average, looking at a 20% profit margin. What are peoples thoughts on this? I was expecting it to be a...
What Kid has said... Probably even develop my own parts in the background, when I have enough - I'll probably cut my ties with the supplier and introduce my own product. Long term goal.
I think a presence in the scene is definitely important. I currently have one of the model cars I am...
It is replacement and tuning parts for a particular car scene.
I think you are definitely right that developing my own products will require stringent quality standards. Initially I plan to purchase through a supplier located in USA, initial wholesaling discount is around 25% for this supplier...