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How to make it more profitable

mosdef

Bronze Contributor
Read Fastlane!
Speedway Pass
User Power
Value/Post Ratio
44%
Apr 1, 2014
407
181
First I would like to thank everyone on this forum. Has since last year been making money outside my slowlane job. Thanks.

My Situation: Created one product and imported another from China.

Profit: Varies from 30$/month to 600$/month. I only sell in my home country. Want to sell in bigger markets like Ebay or Amazon.

Problem: Cant compete with sellers outside my country. Why? Because my shipping time is longer, and sellers in the bigger markets like Great Britain, France, Germany and so on can offer free shipping and I can't. What do I do give up? Nope, tried to import more products and focus on market in my country. Problem is that the market is so small that I only sell about 1-2 products each month. And i have been looking for more products to add for about 12 months now.

Question 1: Can I somehow compete with sellers in the biggers markets? Feels like i tried every possible way. Even cut my profits in half to be able to compete with them but still not possible since their shipping is going to be faster and cheaper.

Question 2: Can I somehow increase sales in my home country? Can't seem to find products that sell more than 1-2 each month. 12 months and no progress.

I'm not ready to give up just yet. The feeling of making money while I'm sleeping is amazing. Even if its just 100$.
 
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caezlar

Contributor
User Power
Value/Post Ratio
24%
Apr 11, 2014
90
22
HK,China
I source consumer Electronics to a UK partner, each order value only 300-500 usd, 10 orders per month, send only by DHL, 4-7 days, shipping time is not long. We have cooperated 2 years.
 

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