The Entrepreneur Forum | Startups | Entrepreneurship | Starting a Business | Motivation | Success

Time to pivot

Remove ads while supporting the Unscripted philosophy...become an INSIDER.

MTEE1985

Platinum Contributor
Read Millionaire Fastlane
I've Read UNSCRIPTED
Speedway Pass
Jun 12, 2018
656
2,662
652
Arizona
My wife and I have a jewelry e-commerce store that has stagnated, presumably due to the MASSIVE amount of similar stores.

We have been exploring subscription options that are different than the other ones out there, branching out into a more niche focused than just “jewelry” or maybe just time to close up that shop and pursue other ventures.

Any and all thoughts, ideas etc would be greatly appreciated!
 

Don't like ads? Remove them while supporting the forum. Subscribe.

Arun Siva

aspiring 大君 of the bourgeoisie
Read Millionaire Fastlane
I've Read UNSCRIPTED
Summit Attendee
Speedway Pass
Aug 31, 2016
1,195
2,026
568
NORD-TRONDELAG
branching out into a more niche focused than just “jewelry

This may be your best bet. Have you thought of any other areas to pair with your niche?
 

MTEE1985

Platinum Contributor
Read Millionaire Fastlane
I've Read UNSCRIPTED
Speedway Pass
Jun 12, 2018
656
2,662
652
Arizona
Thanks for your thoughts!

I should’ve specified narrowing our focus in the market. Lately many sales have come from people who aren’t using a discount code that is clearly available to them.

These full price sales have been on very unique products so our thought is increasing that focus, less inventory, more unique. Playing the “how low can you go” game is just painful.

My other idea was looking into a subscription service offering complementary products (statement necklace matched with earrings matched with bracelet for example) vs. current services that just seem to send out random items.
 

Sponsored Offers

  • Sticky
MARKETPLACE Fox Web School "Legend" Group Coaching Program 2020
My friend was just looking for this information. Thanks
  • Sticky
MARKETPLACE Lex DeVille's - Advanced Freelance Udemy Courses!
If you read the last message then you know I'm removing my courses from Udemy next month. You...
  • Sticky
MARKETPLACE You Are One Call Away From Living Your Dream Life - LightHouse’s Accountability Program ⚡
This program helped me to triple my revenue over 7 months while also moving to a new city in the...
  • Sticky
MARKETPLACE Grow Your Business With a Book (An Unorthodox Marketing Strategy That Built One of the Largest...
PS. what do you think about the idea of setting up live Busking experiences on Air BNB? I could...
  • Sticky
FEATURED! Introducing... WEALTH EXPO$ED, A Short Story By MJ DeMarco
Hi Mj, I just bought it. And reading it. I think is a great idea to write using the stories to...
  • Sticky
MARKETPLACE Kill Bigger Incubator
@Kak Thanks for the reply. Whats interesting is that I have an idea that's been cooking which...



Forum Sponsor

sponsor

New Topics

Fastlane Insiders

View the forum AD FREE.
Private, unindexed content
Detailed process/execution threads
Monthly conference calls with doers
Ideas needing execution, more!

Join Fastlane Insiders.

Top Bottom