/biz/ - Business & Finance

>>10091021
I'm going to explain everything you've done wrong.
>Niche
Did you do any research to see how many people would buy your products on Facebook? Probably not. You need a healthy audience size to sell anything on Facebook
>Your budget
Spending $5/day will get you the data you need, but it will take weeks to actually utilize it. If you don't have at least $1.5k to spend on testing, don't even bother. If you don't have the capital to scale up ads, you're only fucking yourself. The relevance scores are good at 8+. You just don't know yet how to make your data profitable.
>Don't want to dropship
Great thing for people like me who know how to properly run FB ads and don't care if the anime trash isn't packaged properly. You shouldn't invest in inventory until you know you have a winning product. Otherwise prepare to get raped.

I've been doing E-commerce for years now. Seeing people fail isn't anything new. Learn from your mistakes and try again.

>>2913965
That mentality is why you should never launch a real business. Think before you post.

I'm going to be nice and spell this out for you. Local coffee shops still exist even though they compete directly with Starbucks. Why? Think about it.

>>2851011
My usual sales are around 10-15k per month. Slower in the summer. All about marketing mate. Stay committed to your brand/store. All the fags need to start committing. Stop pulling out when shit gets hard.

So i'm thinking, If you had a new cryptocurrency and the group that creates it controls half of the supply.

Couldn't they use that supply weight to try and force a continual growth rate of 10% weekly/monthly/yearly?

I realize that it would have to be carefully managed so that they would never lose the supply control to continue doing so...