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MenuIs it advisable to start this B2C business if you don't have big money for marketing and ads?
I want to start a marketplace for nail artists to upload their designs which can be purchased by anyone and 3D printed at the nearest facility and sent to them. Is this idea feasible?
Answers
Yes dear you can initiate this venture without a big marketing and advertisement budget. This era is of digital marketing and DM is much cheaper and result oriented as compare to conventional marketing; you can hit you target market through social media channels and can drive these people to do online or offline shopping of whatever you offer. Lets start this now, don't wait, otherwise someone can steal your idea.
You can call me for follow up questions.
Regards,
Faisal Ahmed
Yes, this is a great idea. You don’t need to have money in order to start a business but you need to spend the time to grow your business. Instagram and tiktok are some great places to get your brand out there so you can gain new signups.
I would say this is an ideal is a good start with passion.
However, it doesn't mean it is a good idea.
What triggers you to kicks start doesn't mean you will end up doing the same.
Why do people buy from you? Only if your products solve their problems. Do you think nail designs worth or nail 3D printed is what the customers are buying or buying both?
Selling nail designs can be a tricky one - you are selling designs or selling intellectual properties? The designs can be stolen, while intellectual properties will be harder. So how to build and test the intellectual properties (which can be visible and invisible types)?
Next, how can you ensure the fulfilment of the order? Shouldn't you need to test the process flows and decide on who to partner with to cover the gaps you lack?
The list goes on ... what I like to highlight here is to test an idea, you need to cover the testing holistically so as to ensure your next move from Startup to increase $ and time to grow a business is a smooth sail.
Concept/ idea (make sure you cover all the above) => try evidence-based testing, logic test, stress test, and survey.
This is a good idea, you can definitely start without having to spend so much money on marketing. You have social media which are all free to promote and also there are many other ways to promote for free and also for a cheap price. All you need is a good marketing plan. For further explanation regarding this topic, feel free to ask me any question. use https://clarity.fm/asmahuss/parallel395 link for a free call.
Sorry to break the dream, but creating a marketplace from scratch is expensive, simply because 1. you have to create awareness and design an offering matching 2 different users (vs. one for an e-commerce platform for example) and 2. you can start with only a couple of users, you need to reach a certain scale to see a marketplace alive.
Also, testing the idea (and most probably iterate it) is going to cost some money and/or time.
You do not need a huge amount of money for marketing or generating ads. There’s a bunch of tools you can use that would give you the same results you desire. What you need is to nail your marketing strategy and understand your consumers well on the platforms you will be using for your marketing.
Feel free to call if you have any further questions. I can teach you the different ways you can market while working within your budget or even less!
Related Questions
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Where can I get help, and or instruction, building a 3D print or CAD design?
1) Designing Your Invention (CAD Software): A) If you just want a shell of your invention, then learn to use Rhino3D, or some other 3D design software. B) If you want to have the entire mechanical internals of your invention be a part of your prototype, then use something like Solidworks which has a physics engine to be able to simulate actual mechanical functions. 2) Showing your invention (3D Rendering or 3D Print) A) After designing your invention in the CAD software you can now make very realistic looking 3D renderings of it (if done right it can be made to look like a photograph of a real thing). You could use these renderings in an indiegogo campaign or demo video or pitch deck. B) You could also print your design as a physical 'thing' that you could actually place into investors hands. To do this you could buy your own 3D printer, or use a company like Shapeways which will print it for you in your material of choice. Alternatively, you can collaborate with a freelancer do help you with those steps. If you'd like more specific advice tailored to your unique invention, or if you have other questions about the early startup process let me know, LeeLV
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How do reward app companies get paid for consumers scanning receipts? How do they turn that into revenue? Are they selling to data brokers?
I believe that you can better learn from a real world example, this link will help you in that and you will surely gain valuable insights: https://www.investopedia.com/articles/investing/103015/how-does-paribus-work-and-make-money.asp Besides if you do have any questions give me a call: https://clarity.fm/joy-brotonathJB
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How can I avoid intellectual theft when discussing the product that I want manufactured with potential designers and fabricators?
That's a common fear, but you are better off putting that aside and just going for it. Instead of worrying about someone taking your idea, have any manufacturer, pattern maker, etc sign an NDA, and move forward with your idea. And most importantly, work with people you can trust. Even if your idea is revolutionary (and I'm sure it's excellent), the people you talk to are most likely busy enough with their own endeavors to copy someone else's project. Not to mention they aren't going to be as passionate about it as you are. I'm happy to help if you need advice or a contract. Good luck and take action!JK
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I need help bringing a metal jewelry piece to life. Which direction should I explore? 3D printing, Wax casting?
If you have your CAD design done, you can get it printed in plastic first using inexpensive printers at 3DHubs for example. Do tweaks to the design and reprint. This can't cost more than $5 or so per print. Once you're happy you can then send your design to shapeways or i.materialise to be printed in metal. These services will likely charge a fee $100 for a metal print.DA
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How do you get traction for a B2C app? More importantly, how does a Free B2C app make any money?
B2C apps typically use a freemium model to make money off of in-app purchases and ad revenue. You could also make a paid monthly subscription model work in several categories, such as Newsstand. The challenge is finding the balance between giving enough functionality away for free so that your app can attract and retain users. Only if user retention is high does your app stand to monetize well over time. A word of caution though related to free-to-play apps: http://m.ign.com/articles/2014/04/10/two-thirds-of-mobile-free-to-play-gamers-quit-after-24-hours. Basically, the only safe bet in mobile development in particular (and business in general) is to create something beautiful, unique, and entertaining (or helpful), and then to market, market, market it and build a tribe of fans. Hope this helps, AustinAC
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