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Hi patio11, Thanks for the comment. Really makes sense. Collecting email is not the only hard part. Once you have sufficient number of people who want a specifi
by subrat_rout 14y ago
Hi patio11,
Thanks for the comment. Really makes sense. Collecting email is not the only hard part. Once you have sufficient number of people who want a specific product, the next hard part is to do the deal with the companies to push them to sell you the same product at a lower price. I believe if I have sufficient number of customers I can do the negotiation with the company to bring down the price to a certain level. But that is now in assumption phase.
- patio11 14y agoIf the core source of risk to the business is not "Can I get 1,000 buyers of X" but rather "Can I get a discounted supply of X if I buy 1,000 of it at a time", that should be investigated with a phone call prior to building an audience.
- subrat_rout 14y agoThat is a great pointer which needs to be taken care of first. Though getting 1000 buyers for product X is as equally important as getting a discounted supply, inquiring the supplier(or it's competitor) will save a bunch of time and give an idea whether the business idea is good to start with or not.
- orangethirty 14y agopatio11 just: a)made you lots of money b) saved you lots of money and time His response was just spot on. You should follow his advice. Really.
- deleted 14y ago[deleted]