Vanity Fragrance review for Wanelo
July 30, 2016
Just bare with me I gotta write this real quick: I would like to advise anyone who hasn't and plans to install or has already installed the wanelo app to consider Wanelo revenues as extra income. Otherwise you better be selling something fairly unique or less competitive. If you try to raise your markup so as to make more money from wanelo your prices are going to be too high to be competitive. If you stay within the market range wanelo will take the biggest chunk from whatever profits they bring you. However, you will have some money left. (Assumptions based on a 25% Markup) So with low profits your options are: a) Give the best customer service when you get a chance of a sale hopefully the customer will shop directly from your site next time. b) increase your sales from wanelo such that the low profits turn into large cumulative profits. c) Increase your inventory on wanelo. More inventory increases the chances that your products are going to be seen by a customer. If you doubt me try searching for an item you carry when the results pop up try looking particularly for your own product. Then whatever you find out imagine if it was a customer how likely would they be to go that far just to buy your product? Another good indicator of your product visibility is how many people are saving your products. d) To make more money per product with wanelo you will have to find away to cut down your costs of your products so as to increase your profit after paying for fees and commission. this is getting too long so let me summit it up whatever issues you will experience with wanelo are not out of ordinary. System integration is not 100% and should be excused, only if you knew what goes on behind scene you would understand whee i am coming from. Continuous issues with a platform now that is something to talk about. If you quit wanelo you lose. Quit only if it costs you more to process an order than you get in return after fees and commission. In fact even if you don't make any profits and neither are you making losses (break even) i recommend you stay. The marketing and exposure far out ways what you stand to lose. Use wanelo for exposure and branding. Convert your wanelo customers into your customers with whatever it takes. I plan to let wanelo do their part and while anxiously waiting to do mine.