What do you think about "micro-business", e.g. selling of Wou Wou/Ellure masks/detox drinks and other products on Instagram/FB? Do you think it is a good form of side income? - Seedly
Seedly logo
Seedly logo
 

Lifestyle

FIRE Movement

Savings

COVID-19

Career

Anonymous

Asked on 27 May 2020

What do you think about "micro-business", e.g. selling of Wou Wou/Ellure masks/detox drinks and other products on Instagram/FB? Do you think it is a good form of side income?

I want to try my hand in this as I've tried some products before and I like the results, just that I'm worried I'm unable to sell anything out. I don't intend to approach my family or friends.

0 comments

6 answers

Answer Now

Answers (6)

Sort By

Justin Lim
Justin Lim
Level 2. Rookie
Answered 3w ago

On the other side of business models are the ethics of such claims. As a health care worker who majored in dietetics, I can only say those claims to detoxing drinks are pretty "fake" so I wouldn't recommend them as a viable business as they capitalise on buyer's lack of knowledge to sell those products. Big no no for me! Masks I'm not sure tho.

1 comment

👍 2
Frankie Rappaport
Frankie Rappaport

3w ago

Thank You for this great answers. customers should be protected better.

I think these days, it's better to be asset-light for businesses, if possible i.e. don't carry any inventory. If you have some skills set or knowledge, e.g. accounting, design, translation, website development, copywriting, etc., you will provide more value and when you do, you can increase your market worth. You can even put it on your resume and show some kind of portfolio to future employers of what you did.

When you sell products, most of the time than not, it becomes a price war, unless you have an edge for those products you mentioned e.g. exclusive distributorship, not easily replicated, hard to get, in a niche area, etc.​​​

0 comments

👍 1
AS
Amir shyam
Level 3. Wonderkid
Answered 1w ago

In my opinion it is a bad idea. Selling in the mirco economy is still a very hard thing for a experience person . So you can imagine the struggle a fresh person like you and I to experience.An advice I was given by a person was to ask yourself this simple question which is do provide value to your customers . Many of the product can be easily sold on a third party website and you are just like a unnecessary middle man. So to stand out from the crowd it is advisable somehow provide value to the product which you are selling to your customers.

0 comments

👍 0
JN
James ng
Level 4. Prodigy
Answered 3w ago

No, avoid it...

Most of the products do not have research or article proving the effectiveness. These products are expensive and people who said they work is likely because of the placebo effect(cognitive bias).

Many small social media influences sell these products. They gain sales just because they are quite “popular” and many people trust them.

These micro business operate like MLM. The product is expensive which means the high commission the seller get.

Although it’s legal, it might not be ethical. At the end of the day, buyers are at the losing end.

0 comments

👍 0
Frankie Rappaport
Frankie Rappaport
Top Contributor

Top Contributor (Jul)

Level 9. God of Wisdom
Answered 3w ago

Try to be honest to Your customers,

f.ex. detox drinks will hardly have an evidence based health effect.

0 comments

👍 0
Boon Peng
Boon Peng
Level 6. Master
Answered on 31 May 2020

My humble opinion on selling these mentioned products can be challenging. This is because there are tons of sellers who are doing the same thing as what you do and you have to compete with them. In order to sell, you need a strong customer base who can support your business before you can start to see money rolling into your bank account. And why wouldnt you sell to your family or friends given that it is a good stuff? :)

0 comments

👍 0