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Entrepreneurs pushing for sales on whatsapp, Twitter and IG need to understand that a profit of 1000 naira on each product you sell is a good fit. Motivational speakers have made you believe you can make millions overnight by being an entrepreneur so you just inflate price anyhow
If cutting down price is what you need to make speedy sales why not do it? If the cost of an item and logistic is 3k, it's unreasonable to peg the selling price at 5k. If you have to sell it 4k for people to buy quickly so that you can order more, beautiful.
When your friends are still struggling to sell one, you'd have sold 5, you'd have started ordering more.
Some of you are just posting but nobody is buying because the same thing you're selling for 5k is 3500 at Yaba. Play to your buyers psychology, use price to hold them down.
Some of you are just posting but nobody is buying because the same thing you're selling for 5k is 3500 at Yaba. Play to your buyers psychology, use price to hold them down.
I understand that this country is hard and everyone wants to cash out big time but don't deceive yourself, you cannot cash out by inflating price. The only way to cash out is by sharp sharp sales. Post today and next week you're out of stock, that's how you can cash out big time
You can call price yes depending on your buyer's negotiation skill but know when to compromise and get your cash from him/her regardless.
Again, some people are discouraged by price and once that happens, you can't win them back. So know what you're doing.
Again, some people are discouraged by price and once that happens, you can't win them back. So know what you're doing.
