It’s the beginning of the year, and as a resellers, there are a few things that you can do before the year ends that can help you in the upcoming year. These tasks may seem little, but they can have significant impacts on your business. In this blog post, we will discuss three things that you can do before the year ends to sall Resellers
1. Take Stock of Your Inventory As you wind down the year, it is essential to take stock of your inventory levels. Check to see which items are bestsellers and make a note of the items that did not do so well. It will help you plan for the upcoming year. You can also view your sales data for the year to identify trends and popular items.
This data will help you place future orders and save money on items that are not selling. Taking stock of your inventory will also allow you to ensure that you are not carrying too much or too little stock.
2. Clean Up Your Online Store and Promotions With the new year coming up, it is a great time to take a look at your online store and promotions. Check your website for broken links or images, review your product descriptions, and possibly update your branding if necessary. Also, create a marketing plan for the new year and get it tuned up. During this activity, you can make a list of upcoming sales and plan promotions for holidays.
3. Analyze Your Numbers and Plan Ahead Before the year ends, it’s important to analyze your numbers for the year. Review your revenue, expenses, and profits to see where you stand. Looking at your financial data will help you make informed decisions for your business.
It will also help you figure out how much money you can allocate to grow your business next year. As part of your annual analysis, make a list of business priorities and goals to focus on for the upcoming year. resellers
In summary, taking the time to analyze your business before the end of the year is vital for any reseller. Taking stock of your inventory, cleaning up your online store, and analyzing your numbers will help you make informed decisions for your business. By following these tips, you will set yourself up for success in the upcoming year, ensuring you meet your business goals for all resellers
Here at Via Trading, we love our industry, and we want others to find the same joy in it. We want you to become more familiar with this industry and know the terms that will help you make wise decisions. Click here to learn more.
If you’re already in business and are looking for products, click here. If you don’t have a business yet and you’re thinking about starting one, click here to see the opportunities available to you and Resellers
Happy Selling!
A Resellers Survival Guide
Are you a reseller worried about what to do if your main source of income, like a swap meet stand, closes down? Remember, even big corporations face difficult times, and it’s normal when running a business. However, we don’t want to make you feel more scared about starting your own business and if you’re already in business,
we want you to always think about the “what ifs.” So, don’t stress, we’ve got some tips to help you prepare for the worst and keep your reselling business thriving. Let’s get our pen and paper – or should we say, iPad! Resellers
Mix it up! Don’t put all your eggs in one basket
Here at Via Trading, we say that to our customers almost on a daily basis. Why? Because we want to see you growing and expanding your business, but also, we want you to be ahead of the game. Especially if your business is growing and the potential standards are getting higher. Here are some examples: branching out to online sales, pop-up shops, or even opening your own store.
Let’s go social!
Build up a strong online presence. With the rise of e-commerce, having a strong online presence is essential for resellers. This includes creating a website, setting up social media accounts, and listing your products on online marketplaces such as Amazon or eBay. Also if your customers are not tech friendly you can always text them or hand them a business card with your contact info.
At the same time, this will help you network and build relationships with other resellers. This can be a great way to learn about new sources of products, as well as new sales opportunities to resellers
You move, so do your customers!
If you’re new, your main goal will be to have a customer base. But, even if you already have one, remember there are two types of customers: those who happen to stop by your store only one time and those loyal customers who have been there since day one. Building a loyal customer base can be a great way to ensure a steady stream of income.
This can be done by offering excellent customer service to resellers , providing discounts or special promotions, and reaching out to new customers through social media or email marketing and resellers
Never stop learning
As a reseller, it’s important to constantly be learning new skills and staying up-to-date with the latest trends in the industry. This could include learning how to properly photograph and list your products online, or learning how to use social media to drive sales especially for resellers
“My plan A did not work, but hey I still have B and C”
Have a plan B and C. Having a backup plan in case your main source of income is no longer available is important. This could include finding new sources of products, or even switching to a different business model entirely.
As a resellers, it’s important to be prepared for any eventuality and to always be thinking ahead. By diversifying your income streams, building a strong online presence, networking with other resellers, building a loyal customer base, learning new skills, and having a backup plan, you’ll be better equipped to handle any challenges that come your way. So, keep your head up and keep on my Resellers!
If you’re already in business and are looking for products, click here. If you don’t have a business yet and you’re thinking about starting one, click here to see the opportunities available to you my Resellers
Happy Selling!
Review your goals
One way to do this is to set clear and achievable goals for ourselves and our businesses. This can help us stay focused and give us a sense of purpose and direction. Just remember to be realistic and break your goals down into smaller, more manageable tasks. Trust me, it will make the journey to success that much easier.
Another way to stay motivated is to surround ourselves with positive, supportive people. This could be friends, family, colleagues, or an account manager. Having a strong support system can provide us with the encouragement and guidance we need to succeed for all our Resellers
Stay focused
As we all know it’s important to remember that motivation is something that comes and goes. There will be times when we feel energized and excited about our business, and there will be times when we feel a bit drained and less motivated. That’s totally normal! The key is to find ways to stay motivated and focused no matter what.
So as we approach the end of the year and the start of a new one, let’s remember to keep our motivation strong and our focus clear. With hard work and determination, we can achieve our goals and make the most of our businesses as resellers. And hey, if all else fails, just remember the wise words of Nike: “Just do Resellers