Today while i was in the bus in the early morning, an idea came across my mind. As i mentioned before, being an affiliate might be the best way for a beginner of internet marketing. My idea is that i would like to be an affiliate of all the branded fashion stuff, especially those for women.
I came across this idea was because my girlfriend was trying to find a nice watch online. But after that we realize that the website of that particular company actually selling within US only. So i was thinking of gathering all those product to sell in Singapore or Malaysia. The reason why i chose branded is because there is already a market for those product and they are reliable. So i will try to do some research and work out on it.
The reason why i am sharing my idea here is to get some feedback from you all. If you spotted problems with this idea, feel free to let me know and we can discuss about it. Besides that, i would like to request all of you to share your idea here and we can discuss about the feasibility here as well. I believe we can find some great idea and go into business.
Well, you may be asking me what if people follow what i am doing, and i will have more competitor. In the book "secrets of internet millionaire", Stuart Tan mentioned that business which people will copy after is a good business. Which i think it is perfectly true. Why would you copy something that is not workable? Besides that, this will help to expand the market, which could be win-win situation. Isn't that what we wanted? Earn money together and happy together.
So, let's share whatever with have no matter how ridiculous it is. Thanks!!
Monday, June 30, 2008
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4 comments:
i know people copy is good. have you heard of blue ocean strategy? after your business go on track and got other competitors, you have to let your business compatible with other strategy. eg. McDonald is the first fastfood retails having drive thru service... u have to swim out of red sea. actually you are doing it right now, i m just giving opinions for the future good. wish you good luck.
Thanks for your comment. This is the very first comment that i received and i hope you will give comment on my future post also.
Being competitive is a must for every business i think. No matter what kind of business you are in, you will need to be slightly better than others, then the market is urs.
Let's learn together!
its kinda challenging to actually startup an online business...you have to beware of the current n future trend, country's custom, customer preferences expecially those business involve fashion thingy. Somemore.. being an affiliate of all the branded stuff..you have to reach certain agreement with the branded stuff partner..ur proposal or business plan has to be persuasive and detail enough isn't it? all they wan to see is the traffic to the webpage and $$$ only...=)
Thanks u blog me for your comment. I will note down your comment and try to find them out one by one. If you are interested, i can update you my progress. I think i would need your comment again also.
Though it is a challenging task like you mentioned, but since i have chosen to do something about it, my tasks are to overcome those challenges. :-)
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