Reselling is a business model that is quickly gaining in popularity across the world, especially in India. After all, the prospect of becoming an entrepreneur with none of the risks involved is an offer too tempting to pass. Simply partner up with a social commerce platform online and resell their products by promoting them on your online network among friends and colleagues.
The end result is a handsome commission earned on every sale made without any investment on your part. This business model is quickly emerging as an alternative way for students, housewives and retired individuals to earn substantial income on the side. We’ve seen examples of people who’ve turned this into their sole source of income as well.
Needless to say, the opportunities are aplenty, provided you have the proper strategy in place. In this article, we will leave you with 5 essential tips that will surely turn you into a successful reseller.
So without much further ado, let’s begin with the first mantra on our list:
1. Pick a Niche
You want to become a successful reseller, you first need to find the niche of products that you would like to dabble in. Would you like to become a reseller of beauty products or sell products pertaining to edibles? Whatever niche you pick, make sure you have knowledge of that domain.
For instance, if you choose to resell organic products, then brush up your knowledge on organic foods, their benefits, and other important information that will help you better promote the products.
2. Pick an Online Marketplace to Partner With
Once you’ve decided on your niche, it is time to find an online commerce platform that will let you resell the products in their catalog. Make sure the company is reputable by referring to past customer reviews and testimonials. Also, make sure they have quality products shipped directly from brands with a good reputation backing them.
If you want to dabble into the marketing of organic products, Prakritik Lifestyles should be your one-stop shop. You can easily become a reseller with Prakritik Lifestyles by registering on their official website, browsing through their catalog for products to sell, and promoting them via your social channels like Facebook and Whatsapp.
A bonus or a specific margin of each product sold via you is transferred directly to your bank account every 15 days without fail. The platform has a variety of organic products from top Indian brands like Sri Sri Tattva, Kent, Byogi, etc.
3. Be Responsive
Customer support and assistance are an integral part of any business. Resellers often ignore this aspect and pay dearly for it with zero sales. It is important to quickly respond to all the questions and queries that your prospective customers may have to better convince them into buying the product. It is also important you learn everything about the product you are selling to communicate its value to customers more efficiently.
Marketing is undoubtedly the most fundamental aspect of reselling as it is the only area where a reseller is required to do the heavy lifting. Initially, you can leverage your own social network that involves your friends, colleagues, and family members. You can use platforms like Whatsapp, Instagram, and Facebook to promote the product you are trying to sell. Eventually, you can expand your reach by connecting with special Facebook and Whatsapp groups to reach out to more people and increase your chances of sales.
5. Be Ready to Scale
Once you’ve gotten sales, continue the momentum by ramping up your marketing efforts. Try experimenting with new products. See which brings in more sales and which product doesn’t. Focus on products that work and let the word of mouth over it reach as many people as possible.
As you can see becoming a reseller is simple and extremely lucrative, provided you abide by the above 5 mantras. That being said, if you want to become a successful reseller of organic products, then look no further than Prakritik Lifestyles – India’s top multi-brand social commerce platform.
You can visit our website to explore our product catalog or contact us to learn more.