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Hi guys,
So recently I've been toying with the idea of starting an online gym apparel store. So far, this is what I've come up with:
- Focus mostly on eBay sales
- Found a producer of decent quality y-back tank tops in China through AliBaba
- Produce 4 designs from graphic designers on Fiverr
- Import 100 tanks as a start, 25 of each design, 10 medium, 5 small, 7 large, 3 extra large
- Have a friend who is a photographer, find a model and take good quality photos for thumbnails
Early stages as you can see, but exciting nonetheless. Sold at ~$20AUD a tank, I'm forecasting a profit of $850AUD for the first batch, including rough estimates for stock, designs, shipping in and out, photography etc. In the future, if the first 100 sales are relatively successful, I feel it would be smart to branch into other types of gym apparel such as shorts, t-shirts, hooded jumpers, tracksuit pants, hats, bags etc.
So my questions for you out there who are more experienced than I:
- What is involved in starting an eBay store and ensuring your ads are highly visible?
- For an order of 100 tanks, what would I be looking at for shipping to Melbourne, Aus?
- Are there any areas of the process I have grossly overlooked? (please remember that this is purely a fresh idea)
Thanks in advance,
James
So recently I've been toying with the idea of starting an online gym apparel store. So far, this is what I've come up with:
- Focus mostly on eBay sales
- Found a producer of decent quality y-back tank tops in China through AliBaba
- Produce 4 designs from graphic designers on Fiverr
- Import 100 tanks as a start, 25 of each design, 10 medium, 5 small, 7 large, 3 extra large
- Have a friend who is a photographer, find a model and take good quality photos for thumbnails
Early stages as you can see, but exciting nonetheless. Sold at ~$20AUD a tank, I'm forecasting a profit of $850AUD for the first batch, including rough estimates for stock, designs, shipping in and out, photography etc. In the future, if the first 100 sales are relatively successful, I feel it would be smart to branch into other types of gym apparel such as shorts, t-shirts, hooded jumpers, tracksuit pants, hats, bags etc.
So my questions for you out there who are more experienced than I:
- What is involved in starting an eBay store and ensuring your ads are highly visible?
- For an order of 100 tanks, what would I be looking at for shipping to Melbourne, Aus?
- Are there any areas of the process I have grossly overlooked? (please remember that this is purely a fresh idea)
Thanks in advance,
James
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