Can you make 10 lakh per day on Amazon selling trimmers?
Total market size
market size by pricing
number of tentative units in each price bracket
marketing strategy
Month 1- testing , title , keyword ,pricing , competition tracking, strategy validation, minimum stock, variation 1-2 product, not profitable
month 2 - slow ramp up , stock planning , strategy proof, indexing tracking, competition tracking, results growth , break-even
month 3 - Full ramp up in marketing spend, stock planning for next 3 months, ramp up push, track indexing, competition tracking, get 4-5 products in variation , small profit month
month 4 - work on profitability, optimise stock accross entire country, optimise spending, maintain product quality and ratings, keep customers happy,
month 5 - consistent 10% profit optimization, supplier price negotiation for higher margin, Repeat purchase loyalty coupon in every order, stock planning, indexed in top 3 position for top keyword
month 6 - stable 10+ profit - keep track on all pointer from 1st to 5th month , become market leader
Will refine it in the coming days ......
[Disclaimer: This post is for education purposes only, there are many nuances that can not be covered in the post, so use the information for understanding and knowledge purpose only]
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