I encourage you have a strategy, keep it simple, keep it cheap, and repeat!
Start out by purchasing 4 items for each of your care package that are an absolute necessity for a new mom.
1) Postpartum Padscicles (pad with cooling aloe vera and witch hazel) you can make your own or buy it online. Online this product is selling for $17 dollars
2) Nipple cream - sold for $10
3) Nursing Pads - sold for $8
4) Perineal Rinse Bottle - sold for $7
Grand total in products: $42
With a minimalist packaging and labeling, this must have care package can bring in quite some profit
Pricing Strategy
Package Price: Post-pregnancy care packages typically range from $50 to $150 or more, depending on the contents and customization.
Profit Margin
Markup: Typically, you might aim for a markup of 50-100% over the cost of goods. For example, if your costs total $50, you might sell the package for $100-$150.
Sales Volume
Units Sold: Your total income depends on how many packages you sell. For instance, selling 100 packages at $50 each would generate $5,000 in revenue.
Market and Competition
Target Market: Understanding your target audience and their needs is crucial. New mothers, maternity wards, OBGYN offices, and postpartum support groups are potential markets.
Competition: Analyze competitors' offerings and pricing to position your packages effectively.
Marketing and Sales Channels
Online Sales: Selling through your own website, Etsy, or Amazon can reach a broad audience.
Partnerships: Collaborating with maternity stores, hospitals, or birthing centers can boost visibility and sales.
In order to make $300 a day, selling your packages for $100, taking the cost of operation out you would only need to sell 6 packages a day. In the right market this is doable. If you lower the price you might sell more, easily. People pay good money for necessity items.
Click on my link from Amazon to purchase a label maker that will add quality and presentation to your package while maintaining a minimalistic look 👶
[ Ссылка ] (clickable in bio, go to my page)
#income #financialfreedom #sucess #money #business #sidehustle
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