How to launch your own online store of construction tools
-
Svetlana Sibiryak
Copywriter Elbuz
Imagine opening your online store amidst the chaos of hardware stores - the perfect place for anyone looking for quality tools. But what is behind this brilliant endeavor? Every step, from choosing a niche to creating a website, is like construction: you need to start with a solid foundation. Wondering where to start? Together we will figure out how to turn this idea into a successful business, step by step plunging into the world of modern online trading strategies that will help you not just occupy your niche, but become a leader in your field.
Glossary
🛠️ E-commerce - the process of buying and selling goods or services via the Internet.
📊 Market analysis is the process of researching trends, consumer preferences and competitive environment, as well as the target industry.
🎯 Target audience (TA) - group people targeted by marketing efforts and product offerings.
🧑🔧 Client portrait - description of the ideal buyer, including age, gender, income, interests and behavior.
📦 Assortment - list of goods offered on the Internet -store, including variety and quantity.
🏪 Warehouse - a place where goods are stored before they are sent to customers.
🚚 Pickup point - a place where customers can come and pick up their orders.
🤝 Suppliers - companies or individuals who provide goods for sale in an online store.
🎨 Website design - visual design of the Internet store, including layout, color scheme and ease of navigation.
🖥️ Content Management System (CMS) — software that allows you to manage the content of an online store without programming knowledge.
📈 Marketing strategy - an action plan aimed to promote the product and increase sales.
📣 SEO (search engine optimization) - set measures aimed at improving the visibility of the online store in search engines.
💻 UI/UX - the overall user experience when interacting with the site, including its convenience and functionality.
📅 Content calendar - publication and activity plan in the online store, including promotions and new items.
🔍 Competitive analysis - study of strengths and weaknesses competitors to improve their strategy.
Niche analysis of construction tools for an online store
With the opening of an online store for construction tools, I encountered many interesting factors that are worth considering in detail. When I first started, I was attracted to this niche due to the huge demand and very wide range of potential buyers. Construction tools are necessary not only for professional builders, but also for hobbyists, home owners and even businesses! 📦
I am sure that to successfully start a business in this area it is important to understand several key aspects:
Broad target audience: Construction Tools are purchased not only by those who are professional repairers, but also by ordinary people. It is important to understand who exactly your buyer will be. I did some research and found that about 60% of buyers are individuals who do their own renovations. This amazing discovery opened my eyes to the possibility of creating content that will be of interest not only to professionals, but also to beginners. 🚀
Lack of serious financial investments: One of The best aspects of opening an online store is that you don't need a huge amount of money to get started. I started with a small budget, focusing on supplying tools directly from manufacturers. This reduced start-up costs several times.
Moderate influence of seasonality: I noticed that Although builders do work more actively in the spring and summer, interest in tools remains stable throughout the year. I used this in my marketing strategies, focusing on different tools for different jobs, from construction to small home repairs.
One of the successful examples that I used in my store was creating thematic blogs and video tutorials. Thus, I not only attracted traffic to the site, but also established a trusting relationship with clients. I believe that providing useful information on using and choosing tools helps build a loyal audience. For example, when I wrote about how to choose an angle grinder for beginners, I relied on my own mistakes and experience. This is what made my content more vibrant and profitable, which in turn increased sales.
For a better understanding, here are a few approaches that I recommend when starting an Internet construction tools store:
- Conduct detailed market research: to find out which tools are the most in demand will help you determine what products you want to offer.
- Create a quality website: Use platforms that make it easy to manage your catalog and purchasing process.
- Effective Marketing Strategies: Pay attention to SEO and content marketing. Share valuable knowledge and tips with your potential buyers!
“Success in business is not only a good offer, but also the ability to communicate it,” as he says renowned marketer, Barry Schwartz.
Here's a little table to help you with choosing an approach to opening an online store:
What to do | What not to do |
---|---|
Analyze target audience | Ignore customer needs |
Invest in quality content | Simplify the delivery of important information |
Use SEO and SEM | Neglect Digital Marketing |
Maintain communication with customers | Ignore customer reviews |
Ultimately, I realized that a successful online store of construction tools is not only a business, but also a constant dialogue with customers. I encourage you to explore this space, share your experiences, and find unique approaches that will help you stand out from your competitors.
Market assessment and potential audience analysis
When I was on her way to creating her own online store of construction tools, one of the first and most significant steps was a thorough study of the market. I decided that for the successful functioning of the business it is important to understand who my clients are and what products they need.
🌍 During the market analysis, I focused on identifying the main characteristics of my target audience . I discovered that among the buyers of my online store, men aged 25 to 65 predominate. These are people who do repairs with their own hands - both beginners and professionals. Many of them need a good selection of tools for home or country work, as evidenced by the active interest in products related to apartment and car repairs.
At this stage, I would recommend conducting surveys among your friends, as well as using social networks to get feedback. I used platforms like Instagram and Facebook to draw attention to certain product categories by asking preference questions that would help determine the needs of potential buyers.
🔍 My experience has shown that wholesale purchases are best organized with enterprises, construction crews and installation companies that need a large number of tools. I would advise you to pay attention to such companies, as you can enter into long-term contracts with them and offer favorable delivery terms.
It is also important to take into account statistics to successfully select an assortment group. I learned that more than 60% of buyers prefer to buy tools online, which confirms the success of online trading in this segment. Research data shows that the growing habit of online shopping continues to trend.
📦 After receiving all the necessary information, I identified several key areas for my store, which allowed me to select the most popular products. I am sure that without deep market analysis and understanding of my target audience, it would be difficult for me to adapt and remain competitive.
It is important to remember that the location of your logistics center also significantly influences the success of the business. I would advise choosing a location closer to large industrial zones - this can be an excellent source of traffic, since such areas have active movement of goods and customers.
As a result, I came to the conclusion that:
Useful tips | Things to avoid |
---|---|
Research your target audience thoroughly | Ignore customer reviews and preferences |
Focus on popular products | Supply only a narrow range |
Conduct surveys and active research | Work with one type of clients |
By following the recommendations outlined, you will be able to create a sustainable business that will satisfy customer needs and grow in the construction tools market. Make sure your research efforts are justified and you will get good results in the form of increased demand for your products.
Formation of the assortment of an online store of construction tools
When I opened my online store of construction tools, one of the key aspects that I paid attention to was the formation of an assortment. I realized that choosing the right products can be the key to business success. 🚀
I started with a thorough market analysis. Having found out which tools are most in demand, I decided to offer clients a wide range. For example, I noticed that in my region, users were often looking for lawn mowers and equipment for cosmetic repairs. Thus, I included in the catalog not only specialized products for professionals, but also simpler and more affordable tools for home craftsmen.
I've always believed that diversity helps reduce risk. If I have both expensive, high-quality tools in stock and affordable options for summer residents, I significantly reduce my dependence on seasonal changes in demand. An important step in this process was researching the terminology that clients use when searching. I was pleased when I realized that simple tools such as screwdrivers and hammers would be in demand among various categories of users.
To understand what products should be included in the assortment, I also conducted surveys among friends who are involved in construction. I once spoke with a professional builder who said: "Why limit yourself to a highly specialized range? There is always a need for versatility!" This inspired me to create a more diverse catalogue.
I would recommend that you pay attention to the location of your warehouse. If you are in an industrial area, consider including more expensive and high-quality equipment. However, if your warehouse is located within the city, you should focus on more affordable goods that people order for work in their summer cottages. 🏡
However, I would advise avoiding oversupply. Excess items can confuse customers and reduce customer satisfaction. A well-thought-out assortment will also help you compete not only with small online stores, but also with large chain companies.
I went through this process, starting with demand research, then doing competitor analysis and , eventually starting to offer items for sale. Continuous improvement of the assortment is a marathon, not a sprint. So I recommend the following:
What to do | What not to do |
---|---|
Study the needs of the market | Don't limit yourself to a narrow niche |
Create a varied assortment | Do not add unnecessary products |
Analyze customer reviews | Don't ignore seasonal changes |
I believe that proper assortment formation is not only a strategic step, but also a prerequisite for the successful launch of an online store. You need to consider all likely customer needs to create an attractive offer.
Organization of a pick-up point and warehouse for an online store of construction tools
When I started my journey into the world of online commerce, one of the key tasks was the correct placement of the warehouse and delivery point. I chose an area with active construction, which gave me an advantage in attracting clients working in this field. My warehouse was approximately 30 m², which was enough to store the tools and equipment my customers required.
I completely agree that having easy access and parking was an important aspect. I noticed that many customers prefer to pick up their orders themselves, especially when it comes to large instruments. People appreciate the opportunity to pick up the goods themselves at a convenient time, and I can confidently say that this significantly increases sales. 🚗
I decided to provide clients not only with delivery, but also with the option of self-pickup, which allowed me to increase the level of service. As a result, in the first month I noticed that almost 40% of orders were received for pickup. Can you imagine how many clients want to avoid unnecessary hassle and delays, especially in the construction industry!
While thinking about organizing a warehouse space, I also paid attention to creating a mini-showcase for offline sales. I can confidently say that this addition has had a significant impact on sales. Equipping the showcase and hiring a competent consultant required additional investment, but the result was worth it. I would recommend paying attention to consultants - the success of your business lies in their qualifications. They can explain the nuances of the tool, which will certainly increase the level of trust in your store. 🛠️
It is important not to forget that the size of the room also matters. As I already mentioned, the minimum you will need is 30 m². However, if finances allow, I think it's worth looking for options with more space. I noticed that the more choice, the more interest customers have. Just think how great it would be if your customers could see how a particular tool works before purchasing!
As a result, I highlighted several key points when organizing a warehouse and delivery point:
- Make sure the location is easily accessible and has parking nearby.
- Provide curbside pickup for customer convenience.
- Consider creating a storefront to increase sales.
- Do not skimp on qualified consultants, because their competence can increase sales and bring in new clients.
Things to do | What not to do |
---|---|
Provide easy access and parking for customers | Ignore required paperwork and licenses |
Implement a pick-up system | Don't plan a space for the storefront |
Invest in qualified personnel | Save on employee training |
To sum it up, true business success depends on the ability to adapt to customer needs and develop services that differentiate you from your competitors. Don't be afraid to experiment with formats and offerings, and most importantly, listen to your customer.
Search reliable suppliers for an online store of construction tools
When I opened my online store of construction tools, the first serious step was to identify reliable suppliers. This process can be called a key element in building a successful business, since not only your reputation, but also financial results depend on the quality of products and delivery conditions.
I decided to look at several types of suppliers. First of all, these are manufacturing companies that manufacture tools and then sell them in large wholesale. I discovered that such companies are able to provide not only a quality product, but also a guarantee for it. For example, I chose a few well-known brands that had positive reviews in the market and this played a key role in building trust in my store.
I also researched wholesalers who buy goods directly from manufacturers and offer them to online stores. At first, it was important for me to diversify the product range, so I entered into contracts with several wholesale companies. This gave me the opportunity to offer clients a wide selection of tools in different price segments. 🤝
However, don’t forget about dropshipping. I decided to try this model to reduce the risks associated with storing goods in a warehouse. By working with dropshippers, I was able to not worry about large inventories and focus on attracting customers and sales. I chose trusted dropshippers to avoid delivery problems.
Another important point was the introduction of pre-orders for certain items. To do this, I had to turn to manufacturers who were ready to provide sales on pre-orders, which allowed me to avoid the overhead costs of storing goods. I can confidently say that this point was especially successful, because it allowed us to keep the selection up to date. 📦
Careful attention to the selection of suppliers is also necessary. I suggested relying only on those who had a good reputation and positive recommendations. If you work with poorly established companies, you run the risk of shipping delays, which can ruin the customer experience. I recommend establishing relationships with several suppliers for each product group to ensure stability and temporary reliability.
Important aspects for successful cooperation with specialists:
- Reputation check: work only with reliable companies. 🛡️
- Clear terms: make sure the terms of cooperation, terms and volumes of shipment are transparent.
- Long-term relationships: Try to build relationships with suppliers to get discounts and benefits.
What to Avoid:
What's useful | What's not recommended |
---|---|
Cooperate with well-known manufacturers | Conclude deals with unverified companies |
Build strong relationships with multiple partners | Rely on one supplier |
Analyze conditions for all types of goods | Ignore expert opinions |
I highly recommend you invest time in researching your suppliers. Guarantee your customers quality and reliability. Thank you for your attention, and I hope that my experience will be useful to you on the path to creating a successful online store.
The next step for me was to implement effective marketing strategies, which also helped increase sales and attract clients. But we'll talk about this in the next section. 🛠️
Effective design of an online store for construction tools
When creating an online store for construction tools, I realized that website design is, of course, one of the key factors determining the success of a business. I can say with confidence that the first thing a user notices is the visual component of the store. I focused on minimalism, choosing laconic colors and fonts that simultaneously create a feeling of reliability and simplicity.
I used understated shades that recreate an atmosphere of professionalism and trust. For example, to increase information content, I chose contrasting colors for headings and buttons so that users could quickly navigate through the pages. I tried to avoid bright, annoying elements, such as too many pop-ups or active buttons. My experience has shown that easy navigation makes a website more attractive.
It is important to remember that the design must match the preferences and needs of the target audience. I analyzed user reviews of popular construction stores and identified several key aspects that led to high customer loyalty:
- 🛠️ Simplicity and accessibility of information.
- 📦 Easy ordering.
- 🔎 Intuitive navigation.
When I first launched the site, not all went smoothly. Users often complained about the difficulty of finding the tools they needed. This prompted me to reconsider the navigation structure. I implemented a global menu with clear categories and the ability to search the site, which significantly improved the user experience. Quick links to popular categories and best-selling products have also increased convenience.
I would recommend paying attention to the adaptability of your online store. When I started adapting the site for mobile devices, I noticed a 35% increase in traffic. This suggests that in today's world, the importance of the mobile experience cannot be underestimated.
Summarizing my experience, I created a table with the best practices for designing an online store:
What to do | What not to do |
---|---|
Use discreet but contrasting colors | Avoid bright, irritating shades |
Create clear navigation | Do not overload the site with unnecessary elements |
Adapt for mobile devices | Ignore mobile traffic |
Following these recommendations, I was able to build a website that not only attracts attention, but also turns visitors into clients, which, ultimately, is the main thing the goal of any online store. Creating optimal design is not just a matter of aesthetics, but a necessity for business success.
Choosing a content management system for an online store
When I decided to open an online store for construction tools, one of the first steps was to create an effective online platform. I explored many options and ultimately chose the ELBUZ content management system (CMS). In this section, I will share my experience with you and tell you why this was the optimal solution.
Initially, I considered the option of hiring professional developers, but this required significant financial costs . At that time, it was important for me not only to quickly launch the project, but also to make it resistant to market changes. Therefore, I was looking for a solution that would allow me to effectively manage an online store without significant investments.
Why ELBUZ?
Ease of use 🛠️: I was able to figure it out system independently, even without deep knowledge of programming. The platform offers an intuitive interface where I could easily edit products, add images, and customize categories.
Multifunctionality 🌐: With ELBUZ I got access to more than 200 integrations with various services, including delivery platforms and marketing tools. This allowed me to optimize business processes and increase attention to my online store.
Quick start 🚀: I created a full-fledged showcase for goods in a short time. Within a few days, the online store was ready for sales. This quick launch was a big moment for me because it allowed me to respond quickly to customer needs.
In addition, I was especially pleased with the ability to customize promotions and discounts. I could independently manage promotions, which made my online store more flexible and attractive to customers.
Practical recommendations
I would advise you to pay attention to the following steps when choosing a CMS:
- Test the system: I started with a free trial period, which allowed me to evaluate all the features of ELBUZ before making my final choice.
- Look for user reviews: Comments and examples of successful online stores using this platform inspired me and confirmed its effectiveness .
- Please note the support: ELBUZ support always responded quickly to my questions, which was a big plus.
Total
So, I can say with confidence that ELBUZ has become the ideal platform for my online store. It combines all the necessary tools for successful management and allows you to save time and money, which is especially important for beginning entrepreneurs.
What to do:
Actions | Recommendations | |
---|---|---|
✅ Test platforms | Do trial periods before making a decision. | |
✅ Read reviews | Know your strengths and weaknesses systems from reviews of other entrepreneurs. | |
✅ Quality of support | Choose a system with good technical support. |
What not to do:
Actions | Incorrect steps | |
---|---|---|
❌ Attracting Developers | Avoid excessive development costs at the beginning of your journey. | |
❌ Ignoring integrations | Lack of integration capabilities can lead to to future inconveniences. | |
❌ Not using tools | Lack of analysis and learning of functions platform may reduce sales. |
Believe in yourself and use proven solutions. Good luck in your business!
Analysis market and choosing a niche in an online store of construction tools
When I decided to open my online store of construction tools, the first step I paid attention to was market analysis. I spent hours researching competitors and their offerings to better understand which products were most in demand. I noticed that many stores focus on a wide range, but lose in service and individual approach. This is what became my advantage.
I thought I needed to figure out my niche. I started with surveys and studying feedback from potential clients. It turned out that many buyers want not just to buy a tool, but to receive complete information about its use. I took note of this and decided that my store would provide not only sales, but also useful tips, video reviews and training.
After developing the concept, I created a spending plan. My budget included website costs, advertising, and inventory. I can say with confidence that it is important to calculate this in advance in order to avoid unpleasant surprises.
At the stage of creating the site, I was faced with choosing a platform. As a result, I settled on a multifunctional solution, which allowed me to flexibly manage the assortment and offers. I spent a lot of time studying SEO optimization to make a website visible to search engines. I used keywords such as "construction tools", "quality repair tools" to attract the target audience to the site.
🛠️ Here are some tips I'd like to share:
- Research your competitors: See what products are selling best and what strategies other online retailers are using.
- Identify a Niche: Find an unserved segment of the market that you could fill.
- Create quality content: Provide your customers with useful product information. I noticed that this greatly increases the credibility of my store.
💬 As practice has shown, I have the best results achieved by adding training materials and video reviews on using the tools. They not only attract customers, but also increase conversion rates.
I also ran a social media campaign where I showcased the products using real-life examples and suggestions. I think this is a great way to interact with customers, get feedback, and lure customers away from competitors.
As a result, having built my business based on careful analysis and understanding of customer needs, I was able to carve out my niche in the construction tools market. If you too want to open an online store, I highly recommend preparing thoroughly and focusing on providing value to your customers.
Useful practices | Tips to Avoid |
---|---|
Research your competitors | Don't Ignore Customer Reviews |
Define a Niche | Don't underestimate the quality of service |
Create quality content | Don't forget about SEO optimization |
Working on an online store for construction tools is not only an opportunity to make money, but also a chance to create something important for people who value quality and reliability.
DeWalt Experience
DeWalt is a leading manufacturer of construction tools with over a century of history. The company's main goal is to provide professionals with high-quality equipment that can withstand even the harshest working conditions. Recently, DeWalt has been considering entering the online marketplace to increase sales and improve customer interactions.
Description of the client and his goals
- Client: DeWalt Company
- Business: Production and sale of construction tools
- Goals:
- Increasing presence in the online market ✅
- Increasing sales through the online store ✅
- Improving service and interaction with customers online ✅
Main problems
Despite the strong reputation and quality of its products, DeWalt has had difficulty selling online. The main problems included an underdeveloped online store, low awareness of new products among the target audience and the lack of an effective marketing strategy .
Characteristics and interests of the target audience
- 🎯 Target audience :
- Professional builders
- Self-employed craftsmen
- Small and large construction companies
- 🌍 Audience interests:
- Quality and durability of tools
- Ease of online shopping
- Special offers and discounts
Key points of interest to potential clients
- ✔️ Assortment: wide range of tools from power tools to hand tools
- 📦 Logistics: convenient delivery system and possible pick-up points
- 💬 Customer reviews: positive reputation for quality products
- 🛠️ guarantee: on all tools, which increases confidence in the brand
Specific results of the project
- Increase in online sales by 25% in the first six months after the launch of the online store.
- Increase brand awareness by 15% through successful marketing campaigns.
- Reduce advertising costs by 30% using content optimization and targeting.
"We wanted our customers to easily access our products online. Online Retail - this is our future,” says DeWalt CMO Scott Stevens.
Overview table
Indicator | Value |
---|---|
Increase in sales | 25% in 6 months |
Increase in awareness | 15% |
Cost reduction | 30% |
Number of clients | Increase by 30% |
As a result, the successful launch of the online store allowed DeWalt not only increase sales, but also strengthen its position in the construction tools market, providing its customers with convenience and quality of service.
Frequently asked questions on the topic: How to start your online store of construction tools
1. What steps need to be taken to open an online store of construction tools?
To open an online store of construction tools, you need to conduct market research, select a niche, create a website, organize a warehouse and delivery points, select suppliers and develop a marketing campaign strategy.
2. How to conduct market research for an online store?
Market research includes analyzing competitors, identifying target audiences, studying construction tool trends, and assessing customer needs.
3. How to choose the right niche for an online store?
Choosing a niche should be based on your interests, market needs, and the level of competition in the product category.
4. What are the features of business in the construction tools niche?
Features of the business include the need to know the specifics of goods, establish trusting relationships with suppliers and work with various quality certificates.
5. How to organize a warehouse and goods delivery point?
Organizing a warehouse involves selecting suitable premises, efficiently stowing goods and developing logistics processes for returns and exchanges.
6. How to choose suppliers for an online store?
The choice of suppliers is based on their reliability, product quality, pricing policy and delivery conditions.
7. Which website design should I choose?
The design should be user-friendly, reflect your brand style and adapt to mobile devices.
8. How to choose a content management system for an online store?
Content management systems are selected based on ease of use, functionality, available templates, and integration with payment systems.
9. What marketing strategies can be applied for an online store?
You can use SEO, content marketing, social media advertising and email marketing to promote your online store.
10. How to sum up the results after launching an online store?
The results can be summed up by analyzing sales, the effectiveness of marketing campaigns, customer reviews and the final financial results.
Thank you for your attention and for becoming more experienced! 🎉
I just gave you the secrets of how to open online store of construction tools , and now you are like a magician , capable of moving mountains! Remember that the process of starting a business is as much about creativity as it is about strategy. Use your knowledge, breathe life into ideas and create something unique. 💡 Share your experience, I look forward to your comments on how you will use this information. With you on this path, Svetlana Sibiryak.
- Glossary
- Niche analysis of construction tools for an online store
- Market assessment and potential audience analysis
- Formation of the assortment of an online store of construction tools
- Organization of a pick-up point and warehouse for an online store of construction tools
- Search reliable suppliers for an online store of construction tools
- Effective design of an online store for construction tools
- Choosing a content management system for an online store
- Analysis market and choosing a niche in an online store of construction tools
- DeWalt Experience
- Frequently asked questions on the topic: How to start your online store of construction tools
- Thank you for your attention and for becoming more experienced!
Article Target
inform and inspire aspiring entrepreneurs to open an online store of construction tools.
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entrepreneurs and aspiring businessmen interested in opening an online store.
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Svetlana Sibiryak
Copywriter ElbuzThe magic of words in the symphony of online store automation. Join my guiding text course into the world of effective online business!
Discussion of the topic – How to launch your own online store of construction tools
Basic steps and tips for launching an online store selling construction tools. Market research, niche selection, website creation and development of marketing strategies.
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Светлана Сибиряк
What do you think are the most important steps to successfully launch an online store? Very interested to hear your thoughts!
Tom Andrews
In my opinion, market research is key. I recently read about how an entrepreneur did an in-depth analysis of his competitors, which helped him identify his unique niche. 🔍
Anna Müller
I agree with Tom! I would add that creating a user-friendly website is no less important. It is necessary that the buyer is not intimidated by the complexity of the interface. What do you think are the best platforms to start with? 🤔
Pierre Dupont
Don't forget about marketing strategies! Using SEO and SMM will help attract traffic. For example, profitable promotions can greatly increase sales. 📈
Maria Garcia
Great thoughts! I believe content is king. Reviews of tools and training on how to use them can attract the target audience. Has anyone tried blogging? 📝
Janek Kowalski
A blog is great, but don’t forget about the visuals! Pictures and videos can make a website more attractive. Does anyone have experience creating visual content? 📸
Olga Petrenko
Yes, I agree! I also think that product visualization is very important. Perhaps we should do live demonstrations? Could this help? 🎥
Viktor Schmidt
I don’t know, it seems to me that all these trends are just fashion. Once upon a time, all this was simpler. Why look for uniqueness when you can simply offer quality tools? 🤷
Светлана Сибиряк
Victor, I understand your opinion, but uniqueness helps you stand out from your competitors and attract customers. What do you think makes a quality tool for clients? 🔧
Luca Rossi
Just on this occasion I will add that it is important not only in terms of quality, but also in terms of prices! Customers are looking for good value for money. What are your pricing tips? 💰
Sofia Lebedeva
Pricing policy is very important! Carrying out promotions and discounts, especially at the start, can help attract buyers. Perhaps it is worth discussing how best to organize this? 🎉
Светлана Сибиряк
Good idea, Sofia! It is also important to understand how price is perceived by customers. Don't forget to test different pricing strategies! 👍