The Entrepreneur Forum | Financial Freedom | Starting a Business | Motivation | Money | Success

Welcome to the only entrepreneur forum dedicated to building life-changing wealth.

Build a Fastlane business. Earn real financial freedom. Live your best life.

Tired of paying for dead communities hosted by absent gurus who don't have time for you?

Imagine having a multi-millionaire mentor by your side EVERY. SINGLE. DAY. Since 2007, MJ DeMarco has been a cornerstone of Fastlane, actively contributing on over 99% of days—99.92% to be exact! With more than 38,000 game-changing posts, he's dedicated to helping entrepreneurs achieve their freedom. Join a thriving community of over 90,000 members and access a vast library of over 1,000,000 posts from entrepreneurs around the globe.

Registration at the forum removes this block.

Taking a physical store online; getting feedback from customers

Varun

Contributor
LEGACY MEMBER
Read Fastlane!
Read Unscripted!
User Power
Value/Post Ratio
78%
Feb 9, 2018
72
56
Hello,

I own a physical store selling consumer electronics(TVs, refrigerators, etc. - India). It is quite clear that business is changing and integrating online business with offline in meaningful ways is the way to go.

I'm just struggling to understand how to valuably integrate the online component with my business. How do I help the customers there? How do I add value?

In my industry, the key variables I could think of are all related to service, presentation(display of goods), salesman professionalism. The website value array is completely different, hence my confusion about adding value in meaningful ways. At most, I could go down the omnichanneling route. I don't just want to start sending facebook ads - quite wary of just burning cash.

Anyone in the same boat?

Edit: What are some good ways to get feedback from customers? Most customers who make a purchase always give good reviews, but they are not really helpful. I have been thinking of sending emails to customers who both buy, and do not buy, but do not yet know how to get to the ones who don't buy properly.
 
Dislike ads? Remove them and support the forum: Subscribe to Fastlane Insiders.
Last edited:

NMdad

Gold Contributor
LEGACY MEMBER
Read Fastlane!
Read Unscripted!
Speedway Pass
User Power
Value/Post Ratio
224%
Aug 6, 2017
612
1,370
New Mexico
Seems like consumer electronics is a fairly commoditized business. So, what value can you add to the consumer's experience? What do they need and/or want that you could provide--beyond simply selling a product?

For example, maybe recommended models of refrigerators for a consumer in X, Y, or Z situation (e.g., family of 4 vs. married couple).

Or:
  • delivery service
  • maintenance
  • upsell complimentary products

You might want to check out "Getting all you can out of everything you've got" by Jay Abraham--it's a goldmine of strategies for business growth.
 

Varun

Contributor
LEGACY MEMBER
Read Fastlane!
Read Unscripted!
User Power
Value/Post Ratio
78%
Feb 9, 2018
72
56
Seems like consumer electronics is a fairly commoditized business. So, what value can you add to the consumer's experience? What do they need and/or want that you could provide--beyond simply selling a product?

For example, maybe recommended models of refrigerators for a consumer in X, Y, or Z situation (e.g., family of 4 vs. married couple).

Or:
  • delivery service
  • maintenance
  • upsell complimentary products

You might want to check out "Getting all you can out of everything you've got" by Jay Abraham--it's a goldmine of strategies for business growth.

Thank you. Yes, it is quite commoditized. I'm already prioritizing delivery... what do you mean by maintenance? The upselling complimentary products is a good tip, and I'm going to read that book!
 
Last edited:

Become a Fastlane Member Today to Read More or Comment.

This thread has
6
more posts!

Join MJ DeMarco's Inner Circle and Rub Shoulders with Other Millionaire Entrepreneurs

Imagine a multi-millionaire mentor by your side EVERY. SINGLE. DAY. Since 2007, MJ DeMarco has been the driving force of Fastlane, contributing on over 99% of days—99.92% to be exact! With over 38,000 posts game-changing posts, he's dedicated to helping entrepreneurs achieve freedom. Join 90,000+ members and access a vast library of 1,000,000+ posts from entrepreneurs worldwide.

Fastlane isn’t just another community led by an absent guru. By joining, you enter MJ’s inner circle—a supportive home where you’re never alone. Embrace true mentorship and transform your entrepreneurial journey with the Fastlane Forum.

Basic Membership (Monthly)

  • Read all threads in the main forums/categories.
  • Post comments in existing topics.
  • React to any comment/post.
  • Post new topics/threads.
  • Sort big threads by best posts.
  • Cancel anytime

$5 per month

Join Now

Basic Membership (Yearly)

  • Save 22% vs monthly
  • Read all threads in the main forums/categories.
  • Post comments in existing topics.
  • React to any comment/post.
  • Post new topics/threads.
  • Sort big threads by best posts.
  • 30% Off a Yearly GoalSumo.com Subscription
  • Cancel anytime

$47 per year

Join Now

VIP Insider Membership

  • Same as basic plus...
  • Guaranteed read and response from MJ DeMarco*
  • Access to the private Insider forum for more advanced users.
  • Bookmark any posts
  • No non-sponsor ads
  • 50% Off a Yearly GoalSumo.com Subscription ($34 Value)

$119.88 per year

Join Now

* If you post any question or problem within the INSIDER forum, this guarantees MJ will read and respond to your post to the best of his ability at least one time. This guarantee does not imply a lifetime dialogue or a personal ongoing mentorship. Again, MJ has authored more than 38,000 responses at this forum since 2007.


Post New Topic

Please SEARCH before posting.
Please select the BEST category.

Post new topic

Guest post submissions offered HERE.

New Topics

Fastlane Insiders

View the forum AD FREE.
Private, unindexed content
Detailed process/execution threads
Ideas needing execution, more!

Join Fastlane Insiders.

Top