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I am going to share my plan here and I want you guys to give me some solid answers to these following questions.
1: How do I identify the need of people living in my area?
2: I am going to start an online store only in my city which will provide countrywide services in future, so should I choose name a local one? or choose a general name ?
3: Please answer these two above questions.
I have a plan of providing grocery stuff, food, ice food, organic food and some clothing to people in my town and I just want to give it a start because I am not happy always working for someone else. I have a job an average one plus I have a freelance project as well but I am not only relying myself on Internet marketing and software development kind of services. I want to start something of my own.
What you people say about my plan ? Please share your thoughts.
If you're unfamiliar with this sort of operation it may be worthwhile to enlist the aid of a market research company in your area (UK/Pakistan?) who could also help with your name quandary. Have you searched online to see if there are groups of people who run online stores/websites designed to assist people such as yourself? Have you checked eBay's resources? I understand you're planning on starting out offering your supplies to strictly a local population but you can probably pick up a multitude of basic information from larger organizations.
I will get food items from stores using my brother and people I will hire. I never created a website but I have good understanding of wordpress and joomla CMS. Never worked on Magento but I talked to my friends and the said mageneto would be the best cms for this kind of site.
If you're unfamiliar with this sort of operation it may be worthwhile to enlist the aid of a market research company in your area (UK/Pakistan?) who could also help with your name quandary. Have you searched online to see if there are groups of people who run online stores/websites designed to assist people such as yourself? Have you checked eBay's resources? I understand you're planning on starting out offering your supplies to strictly a local population but you can probably pick up a multitude of basic information from larger organizations.
That was good advice too with other perspective of taking help from larger organizations. Thanks dear.
I am doing a lot of things and collecting data as well from local public. So I believe I will come to some point soon.
I'd recommend reading some Dan Kennedy books on selling.
Lately I have been taking a number of business coursers on coursera I think they are pretty good.
Use a pest and swot analysis to try to determine what can and cannot work. But you do have to remember there are different ways of viewing a business in terms of profitability, cash flow, expansion etc.
You have to see what they have access to. Competition is not a bad thing depending on what you are trying to target.
There is a potential business near me that unfortuately has not worked well. One owner had capital but no marketing, one had marketing but no capital.
In terms of raising capital I would go to those that would say yes first. that being friends/family then to those that might and those you never thought would. Crowdfunding might help but I'd argue you'd need a bigger team.
I will get food items from stores using my brother and people I will hire. I never created a website but I have good understanding of wordpress and joomla CMS. Never worked on Magento but I talked to my friends and the said mageneto would be the best cms for this kind of site.
Sooooo ... you want to start a business where people log in to a website, place orders for "food," then you will send your brother to the store to buy the food and ... what, ship it to them???
Your model is for which country UK or Pakistan? Every market is different.
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