Business Tips

Reasons To Start An Online Resell Business Right Now!

In the world where everyone is trying to become an entrepreneur, there is a great competition in the market for emerging brands. Not to mention the severe lack of innovation in these brands; most brands are just copying each other to become a part of the never-ending tug-of-war.

In this situation, resell business can be a safe haven for many entrepreneurs.

Now, to define resell business in the easiest way, it is a business which sells products from a distributor to the consumer.

There is a common misconception regarding reselling and distributing business to be the same thing. In reality, they are slightly different. In distribution, the business directly communicates with the manufacturer; while in resell there is little to no communication between the manufacturer and the seller.

Therefore, as it is defined above, the resell business involves the selling of products from a “distributor to the consumer” and not from “manufacturer to the consumer”. However, in the resell business, the distributor acts as the intermediary between manufacturer and seller. Meaning that in the resell business, companies do not directly contact the manufacturer of the product but they make terms with distributors for the availability of the product.

The resell business, being the last end of the hierarchy until the product reaches its consumer is valued the most. However, it does have its own challenges; to please the customer, to market the product, to cater to complaints, etc., but there definitely are some of its own worthy advantages.

With resell business, there is no specific industry. Resellers can sell, electronics, apparel, stationery and whatnot on the same website. Amazon, eBay, and Flipkart are the most famous and successful examples of resell businesses. There are plenty of recently emerging businesses to note; Godsey Supply, for instance, is an online resell and consignment business. It started as the eBay reseller but eventually made contacts with the suppliers of authentic and original suppliers of quality fashion and footwear products. They took advantage of the growing trend of street-wear fashion trends and used it as the competitive advantage over high-end expensive brands by reselling them on a fairly lower price.

Taking notes from the above example, it is always wiser to start small with such businesses. Online resell businesses does not require any inventory. The basic, most necessary requirement is a good, interactive website and the support staff. The support staff can consist of just 2 people in the beginning and expand with the expansion in business. As long as the suppliers are in-line and authentic, the website is up and running, and the business plan (including; long-term and short-term goals, the vision of the company, and financial requirements) is sorted out, a resell business can be initiated with a handful of products and staff.

Most of all, every business is a risk, even in this digital era, whatever investment is put in the business, one should be aware that it may or may not come back. So, besides all the strategies, investments and tools, one should have a positive mindset, motivated approach, and a will to struggle effortlessly, for the business to bear fruits.

Tips to Sell Your Artwork

Art is a form of the beautiful type of love and it can be defined in more ways than ten. It is one of the most beautiful forms of expression and there’s so much that can be said without the use of words. At the end of the day, every person’s love for artwork is diverse and definitely can differ from what your idea of art may be at the end of the day. However, if you are a rising star in the field of art and have been wondering how to sell your artwork before you run out of your passion, then it should ease you to know that there are tons of ways to get your artwork to sell.

First things first, you must understand, however, that not everyone is going to like your artwork just because you love it. You must also understand that if someone doesn’t know you at all or if you are absolutely unheard of, then they will only judge your artwork and would not give you credit where its due – although this isn’t very likely to happen in every case.

However, these are some noteworthy tips to sell your artwork with the utmost of ease:

Have a Story to Tell

Enough emphasis cannot be placed on how absolutely crucial it is for your artwork to have a story that accompanies it and that catches the heart of many people. Many artists make the mistake of keeping the story to themselves because they feel that people would not want to know – but that’s the point! You, as the artist, are in love of your work because of the story behind it – so, start telling away!

Get a Curation Company on Your Side

If you have an art curator or an art curation company that has your back, then chances are that they would definitely be willing and able to give you a boost where you need it – is becoming known. General Public is an art curation company which was founded in 2017 by Portia de Rossi. The motto of the company is Support Artists, Not Art. General Public not only recreates the work of artists through 3D Synography but also features the work of many artists on their gallery.

Get an Instagram Account

Instagram is widely used for the purpose of promoting your motives and your purposes. Instagram has long been known for the genius platform that it has provided for millions of people, and how the tiny tool has helped several people become who they are today. Instagram has also been used by many artists who feature their artwork on their account and thus, this is one of the best ways to sell your artwork all while putting in minimum effort into the whole endeavor.

Moreover, if you want your artwork to sell then always ensure to believe in yourself before anything else. You should be positive and always believe that you will get your passion’s worth.