facebookWhat 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
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Anonymous

Posted 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

Discussion (6)

JuzL

JuzL

Level 3. Freshie

Posted on 25 Jul 2020

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

Frankie Rappaport

Frankie Rappaport

25 Jul 2020

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

Post

Sharon

Sharon

Level 12. Master

Updated on 25 Jul 2020

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

Post

AS

Amir shyam

Level 3. Freshie

Posted on 02 Aug 2020

In my opinion it is a bad idea. Selling in the mirco economy is still a very hard thing for a experi...

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