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sparechange

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crazy lister is actually pretty awesome
 
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sparechange

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so couple hundred views or so on my ebay posts, traffic driven from facebook.

the market sees my doggy jacket (i think its awesome!) and no interest, so you guys are right about it being to high priced. blah.

noone cares or wants my bed or jacket..

this is my marketplace echo... act asses adjust

 

sparechange

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** free info for anyone new to e-commerce **

paid $25 for a fb ad and got around 200 people to visit my ebay store. pretty neat, now the magic formula is to figure out what i pay for a customer to direct them to my site & my profit/loss on an item per acquisition & building a money system as MJ says.

give me some more time, i will close someone
 

Almantas

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Duuuuuuude!

I applaud you for taking action, but I highly suggest sticking to a single business idea. You're all over the place. If you choose to go everywhere you're likely to get nowhere.
 
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Aaron T

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If I recall in the TMF book, towards the end there was a section on being a Monogamous Entrepreneur. Focused Monogamy equals fun Polygamy later right? Get one business, make the money, invest in lots.
 

sparechange

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only doing a ''pet business''

nothing else
 

sparechange

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reduced prices and no interest along with new pictures, so..not sure what my next action is, fairly clear the market does not want my products dog bed/ball thrower/jacket

i do have a product idea thats pretty cool (pet industry) that could sell. perhaps focus my efforts into different items?

sticking with pet products, am i traveling in the right direction? keep trying to find something that sells and go for it!?
 
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sparechange

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on the positive side, i have a tiny following on facebook thats organic, so gaining a larger audience will simply be a matter of time & money
 

Merging Left

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reduced prices and no interest along with new pictures, so..not sure what my next action is, fairly clear the market does not want my products dog bed/ball thrower/jacket

i do have a product idea thats pretty cool (pet industry) that could sell. perhaps focus my efforts into different items?

sticking with pet products, am i traveling in the right direction? keep trying to find something that sells and go for it!?
There is opportunity in every category. The pet industry is enormous, as you know. There are hundreds, if not thousands of unique products you can serve to that market. But you're not going to find it on the shelves of your local pet store. Does your new product idea exist already, or is it something you've made up?
 

sparechange

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its on the market but i havent seen it around much
 
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sam9530130

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Have you been trying to do Retail Arbitrage for a while (backpack and pets product)?

I used to do that and I never needed to run ads to drive traffic to the products because you're basically competing on price.

If that's what you're doing, you should really reconsider your strategy. If not, I have no clue what you're doing, but you may want to reconsider your strategy anyways!
 

sparechange

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Are you making any changes/improvement to it?

havent thought about changes much. fairly basic item



Have you been trying to do Retail Arbitrage for a while (backpack and pets product)?

yes i have been trying retail arbitrage, dont feel as if it would be a wise decision in the current moment to go all out and import and try to sell a huge inventory when i cant even sell anything online now. in the future its a strong possibility.



feel kind of stuck, i have it on facebook & ebay but no sucess (have reduced price and got new pictures)

even the little facebook marketplace, my items are listed and i have tons of people seeing my ad yet i have 0 conversions
 
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biophase

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Post a photo and dimensions of your dog bed here and I'll tell you what it should sell for.
 

sparechange

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sparechange

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thanks for taking the time to reply @biophase

the dimensions are 25 x 18' (63.5 x 45.7 cm)

i have it up for 19.99 (canadian) currently
 

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biophase

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So this is the first time I've read this thread and OMG it is a clusterfuck. It's been 9 months and you have gotten nowhere. It's not due to lack of trying, it's due to lack of any direction. Why can't you try one thing and stick to it. What's with all these other posts about books and videos and seeing the next shiny object. You know that if you only mowed lawns, you'd probably have a decent list of weekly clients by now.
 

biophase

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thanks for taking the time to reply @biophase

the dimensions are 25 x 18' (63.5 x 45.7 cm)

i have it up for 19.99 (canadian) currently

Ok so that is about a $20 bed on Amazon at the most. It's for a small dog.

Why is someone going to buy this bed from you vs the same price at an online store?

You need to sell that bed for $10 for it to move. How do I know your dog didn't pee on it? Is it worth a $10 savings for me to find out? For some people yes... But it's not worth $0 and extra hassle to get the same bed I can get delivered to my door from a legit store at the same price.
 
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sparechange

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originally i had it up for 40 just as a test, and reduced
 

sparechange

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Ok so that is about a $20 bed on Amazon at the most. It's for a small dog.

Why is someone going to buy this bed from you vs the same price at an online store?

You need to sell that bed for $10 for it to move. How do I know your dog didn't pee on it? Is it worth a $10 savings for me to find out? For some people yes... But it's not worth $0 and extra hassle to get the same bed I can get delivered to my door from a legit store at the same price.

that makes sense, ill see if i can get it sold for 10.
 

sparechange

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What was the purpose of your test?

wanted to see how much interest i could generate, had a few hundred views and had no ''echo''

believed (wrongly) that i could possibly sell it for $40
 

biophase

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wanted to see how much interest i could generate, had a few hundred views and had no ''echo''
believed (wrongly) that i could possibly sell it for $40

So you wanted to see if you could sell a $20 dog bed for $40.

A few hundred views basically said, oh look it's a dog bed for sale, click, WTF it's $40, back.

You don't need to test to know that that would fail.

Think of how many would you have sold if they clicked and saw that a $20 dog bed was $10?
 

sparechange

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hm, good point. ive relisted it for 9.99, ill compare interest & clicks generated to before
 
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InspireHD

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I might have missed this. Did you buy it with the intention to sell it for more? As in, you bought it at a steep discount and are now flipping it?

Or did you go to the store and buy it for full retail and are trying to use Facebook ads to sell it for more than you paid for it?
 

sparechange

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bought at a small discount and trying to flip, although my main focus is learning the art of getting a sale online.
 

InspireHD

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bought at a small discount and trying to flip, although my main focus is learning the art of getting a sale online.

Can I ask you this as a follow up:

At what price did you originally buy it? Was it bought at a retail store or at something like a thrift store?
 
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StevieB

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Why would I buy from you? What are you offering that I can't get anywhere else for the same price or better? Who are you, why should I trust giving you my money?

Before people in any numbers will buy from you they first have to trust you. Amazon can get sales with new sellers because they have a stringent screening process and guarantee's to backup their sellers.

You'd probably have more luck with what you're doing selling on Amazon and/or Ebay. You'd then be competing primarily on price. Which means you'd need to do your product research to find a product that you can get for a good wholesale price (likely sourced from China) and still make a decent margin on.

Just buying stuff at a discount at your local retail store and trying to resell it for a profit will in the end just be a huge time sink that will reap very few sales or profit. Just doesn't sound like a good business strategy that's going to work.

Given some people do make a living off buying things from garage sales and thrift stores, but they know what they're looking for. Which are rarer things that are valuable to collectors, not a solar backpack you can get off Amazon.
 

sparechange

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Can I ask you this as a follow up:

At what price did you originally buy it? Was it bought at a retail store or at something like a thrift store?
i got the bed for 24 bucks usually theyre around 30/40+
 

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