Today, I want to share with you the 3 stages of a Qoo10 business.
Once you know the stages, it will be easier for you to know which strategy to implement to reach the next level of your Qoo10 business.
And the journey it takes for you to go from ZERO to a 6-figure Qoo10 seller.
Stage #1: Building Cash-flow
This is the first stage where most new Qoo10 sellers will start.
The priority here is to protect your capital.
And test out customers’ demand for your product without spending a lot of money to buy inventory.
One of the easiest ways is to buy products from Dollar Value Store or Daiso.
And mark up the prices a little and sell them at a profit on Qoo10.
There are actually a lot of “hidden gems” in such stores.
The good thing about buying stocks at low retail price…
Is that you can buy in smaller quantities…
1 to 10 pieces to test the market first…
Even before you order bigger quantities from suppliers.
This is actually the easiest way to start a Qoo10 business without spending a lot of money.
Because you don’t have to overstock on products…
And it’s actually the best way to test the market demand with a variety of different products with very little cost.
With this strategy, you can easily make a decent 4-figure income from your Qoo10 business.
Once you have found the product that is consistently giving you sales…
You can proceed to the second stage.
Stage #2: Buying from Wholesale Suppliers
Usually, the wholesale supplier’s price can go down to as low as 50% off the retail price.
But they have a minimum order quantity (MOQ) of between 100 to 500 pieces.
Once you have found a winning product that gives you consistent sales in stage #1…
The idea here is to increase your profit margin simply by lowering your product cost.
With this strategy, you can easily double up your income from 4-figures…
Into a 5-figures per month income from Qoo10.
Stage #3: White Labeling
This next stage is where you ascend from being a newbie seller to a Qoo10 Power-Seller.
This is where you break the 5 figure mark into 100K sales a month.
At this stage, you create your own brand that people can place their trust in.
White Labeling is a service where you get to put your logo or brand on a product that is produced by someone else.
The other benefit of creating a local brand is…
Most customers tend to trust a local brand more than an unknown overseas product
So basically, this is the formula I use to grow my Qoo10 business…
From Zero to a 6 figure income business.
In my upcoming Qoo10 Freedom training…
I don’t just show you one method or one strategy….
But I literally take you on a step-by-step journey…
Of how you can grow your eCommerce business from scratch…
Into an asset that can take care of you and your family for the long term.
If you are interested, just click on the button below to register: