Today in this article I will tell you how you can start product based business in Pakistan. In this business you need only three steps first of all you need to research and select the product that you can work on it secondly you need to manage inventory third you need to market the product.
When you will advertise your product people will buy and you will earn profit. Read this article completely to know each and everything about this business model.
Product researching:
For this business product researching is very important. If you will choose any random product then there are 100 percent chances that you will fail. Look in the market that what problems people are facing in their daily life.
When you will identify that these are problems that people are facing in their life's then you need to create a product that will solve there problems. For example you identify that in the market people are facing skin issues they want to glow their skin then you can create a cream it you identify that people in the market are facing hair fall problem then you can make a oil that can help them.
If you are facing that people heights are very small you can create a product that people will use and their height will grow. So it's totally on you that on which product you will work. So first of all identify the people problems and create a product to solve these problems.
Inventory management and product sourcing:
After identification of problems and choosing product you need to manage inventory. You need to manufacture this product in large quantity. In your stock this product always should be available.
If you will not stock enough quantity of product then people will not buy from you in the future. So customer satisfaction is the crucial key of success in this business. Pack you product in good packet or box. On you product packet your brand name should be mentioned properly.
Make sure your product packing looks attractive. You know first impression is the last impression so packing is very important because customer will see your product packing firstly.
Marketing of product:
Now you identify people problems you create a product you have enough stock inventory then you are now going in the market to sell this product. There are many online and offline methods to market your product.
In offline work identify places where significant amount of traffic comes each day. After identification create advertisement papers banners etc and put these banners on these places.
When traffic will come they will see your banners. Make sure your business phone number should be clearly mentioned on the banner. When people will see they will contact with you and they will order.
The second method of advertisement is online. In this method you need to create a website. After creating website create social media accounts and create videos about your product and post these videos on all social media accounts. When people will see your product videos interested people will contact you and order from you.
In this method you are now thinking I know your are thinking that how I will deliver order. So this is very simple. When people will order they will share their complete details like there phone number their full name their full address etc. With the help of courier service you will deliver their order and through cod means cash on delivery customer will pay.
Importance of cash on delivery in this business:
Cash on delivery model is very important in this business. Because when people are buying product they are just watching videos on the basis of videos they are ordering. So they have many consciences about this product that they are buying online.
So cash on delivery method helps them to order and receive product physically on their door step after receiving check product then pay. So cash on delivery system is very important in this way. With this system a customer feel satisfaction.
And business will grow only if customer satisfaction will present. If customer satisfaction is not in any business customer will not buy in future again.
How to grow this business?
When people are knowing about you brand about your product and you have enough sales but you want to grow this business further so there are several steps that you can follow. First of all enhance your inventory.
Make sure your product manufacturing process should be fast. After this distribute this product in all local markets and outside market. Hire significant number of salesman. Increase your marketing budget. In this way you will reach more people and more people will buy your product.
Marketing through paid ads online:
You can also promote your business through paid ads online. Hire digital marketers and promote this business by running ads. In this method select a significant amount of budget and get sales. But in this way make sure your return on ad spend should be good.
There are many businesses in the market that are using same technique. You can also work on this method. So in this way you can start your product based business in Pakistan. If you found this article helpful for you then please share this article with others as well. Thanks for coming to our blog.
0 Comments