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Progress Thread Taking first steps in Ecommerce

Discussion in 'Progress/Execution Threads' started by NewManRising, Dec 5, 2017.

  1. NewManRising
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    NewManRising Bronze Contributor Read Millionaire Fastlane I've Read UNSCRIPTED Speedway Pass

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    Hi Everyone,

    So I have decided to bite the bullet and get moving on starting up an ecommerce business. The products I am focusing on are food. The good thing is, I posted my idea for some foods in a diet/health forum and people not only were interested in my food products but were giving me a bunch of suggestions and flavors for things. So, I contacted a few manufacturers. Two were unsuccessful as one said they are taking no more orders and the other was a large quanity for a minimum order. This other one I contacted can make the goods I want but their minimum is kind of high too but not too much. I am going to be talking to them by phone this Friday. I also want to reach out to more manufacturers. There is a few problems though:

    1. I don't have all the money yet to place the order. I have been trying to raise money but it is not fast enough.
    2. Once I place and order I don't even know what to do next. I feel like I am getting ahead of myself. I don't know how to market it, set up a website, the process of branding and designing a logo. Basically, everything you need to get started. All I know is the product I want and a manufacturer who can make it.
     
  2. NewManRising
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    NewManRising Bronze Contributor Read Millionaire Fastlane I've Read UNSCRIPTED Speedway Pass

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    Today I contacted more manufactures with more ideas on food. The person I am speaking with on Friday I don't feel too good about. It seems there is not much flexibility. And, the cost for manufacturing, testing, wrappers, shipping, fees, and possibly some advertising is much higher than I want to spend. I am thinking there would not be much profit margin. I am going to discuss this with the manufacturer because their pricing seems kind of high for me. I feel good about this niche and will stick with it. I have been raising some money too.