Investment: £20k-£50k
*Includes initial franchise fee and working capital needed over the fi rst few months to fund the building of your business which includes purchase of stock and marketing activity.
Franchise Focus
Steps to success A
If you’re looking for more freedom, an online franchise with Platinum Business Partners could be the perfect move
INVESTMENT LEVEL: £30,000*
n online-based franchise business can help you improve your work-life balance as well as your bank balance. You can work
wherever you want, whenever you want, as long as you have internet connection. Platinum Business Partners, the UK’s
number-one ecommerce franchise, can show you how to build your own profi table and sustainable online retail business. Having already achieved great success with the franchise Platinum Property Partners over the past 10 years, the founders recognised that they could replicate this proven system and capitalise on the explosion of ecommerce. Here, Platinum Business Partners shares some of the key steps to successfully making money online that is taught to their franchise partners.
Pick a marketplace In the online retail space, you can work from one part of the world while selling to customers in another part of the world. Platinum Business Partners has already conducted extensive research in terms of which countries have the most online shoppers and how much these people spend on shopping on average each month or year online. It can advise you on where to start selling your products and how to expand into other marketplaces in other countries, because ultimately, the sky is the limit.
Select the right products at the right price
Platinum Business Partners will share with you the four key components of successful product selection: • How to pick products that can be priced to attract impulse buyers
• Why bigger is not always better when it comes to product size
• How to fi nd out if you can private label a product with your own brand
• Longer-term product portfolio expansion strategies
Create your own brands
Whether you choose to sell supplements, hair accessories, potato peelers or dog leads, you won’t be the only one. Platinum Business Partners helps you to stand
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out from the crowd with a great brand. You’ll be able to position yourself as
a reputable and high-quality brand in the eyes of your target customer and come up with a visual identity and brand values that could be used across a broader range of products.
Cost-eff ectively source, store and ship products
Once you know what you’re selling and where, and have your brand nailed down, you need to start working on fi nding a good supplier.
Platinum Business Partners will teach you about sourcing products domestically and internationally, and help you decide which process is best for you. Its proven vetting system considers cost, effi ciency of communication and service, track record, and business credentials, such as accreditations or stamps of approval.
Choose your ecommerce platforms There are already many existing and trusted online platforms available that can act as a springboard for your ecommerce business. You’ll have your own platform eventually, but Amazon, eBay and Etsy are just three examples of online marketplaces out there that can help you reach more customers, and fast.
Set up your own tax-effi cient ecommerce business
Making money is an important skill but knowing what income you generate and how to keep it is another. How you set up your business today may impact how you can grow, sell or pass it on at a later date. Platinum Business Partners provides
you with access to specialist support that will guide you through setting up your business, from which company structure to follow and becoming vat registered to insurance and limited liability requirements.
Implementing successful digital marketing strategies
Platinum Business Partners knows what images and keywords to use, how to position your brand and product, how to attract more online shoppers and how to convert them into buyers. From fi ve-star reviews and excellent customer service to online adverts and remarketing strategies, it’ll show you how to maximise traffi c to your product pages and keep buyers coming back.
These are just seven of the hundreds of steps involved in building a successful online retail business. But with Platinum Business Partners, you’d have access to a step-by-step training programme, which is delivered online, offl ine and one- to-one, continuously. You’ll join more than 100 other people
who are currently taking advantage of the explosion of online shopping and selling more than 300 uniquely branded products to around 100,000 online customers globally.
Platinum Business
Partners Ecommerce
www.platinumbusinesspartners.co.uk info@platinumbusinesspartners.co.uk 01202 652 103
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