Something just occurred to me while I was lowering all my items to cost price or even losses just so that I could boost my sales up and try and get more feedbacks.
I've been able to nearly quadruple my sales in the past week alone because of my under cost pricing strategy (which will only be temporary because I can't keep taking a 50 cent loss per transaction).
It started to occur to me, what if there is more usefulness or benefit to doing this? I may not be making any profit for now because I lowered everything to below cost price to make more sales, but maybe I can benefit by all the new emails/phone numbers I'll have access to from the increased number of buyers?
Can anyone suggest how I can use this email list/phone numbers list with ideas in marketing or funneling traffic? I know less about what to do with phone numbers but if I'm not mistaken I believe nowadays with phone apps like wechat, whatsup, kakao, line, viber, facebook messenger, can't one use these phone numbers to auto add them to my account on the phone and send them ads/emails? Because on my phone, I sometimes receive from random numbers texts or messages trying to promote or sell something to me and I don't know who the person is or how they got my number but they succeeded in sending me an ad lol.
Sorry if this walking a little too close to the edge...if this is in violation of something, sorry for asking and please delete it. I'm just not sure because a few days ago I had posted a basic question about craigslist and it was removed/deleted and I was told it was not allowed (sorry, and I had no idea you can't talk about CL here!). Just want to make sure.
I've been able to nearly quadruple my sales in the past week alone because of my under cost pricing strategy (which will only be temporary because I can't keep taking a 50 cent loss per transaction).
It started to occur to me, what if there is more usefulness or benefit to doing this? I may not be making any profit for now because I lowered everything to below cost price to make more sales, but maybe I can benefit by all the new emails/phone numbers I'll have access to from the increased number of buyers?
Can anyone suggest how I can use this email list/phone numbers list with ideas in marketing or funneling traffic? I know less about what to do with phone numbers but if I'm not mistaken I believe nowadays with phone apps like wechat, whatsup, kakao, line, viber, facebook messenger, can't one use these phone numbers to auto add them to my account on the phone and send them ads/emails? Because on my phone, I sometimes receive from random numbers texts or messages trying to promote or sell something to me and I don't know who the person is or how they got my number but they succeeded in sending me an ad lol.
Sorry if this walking a little too close to the edge...if this is in violation of something, sorry for asking and please delete it. I'm just not sure because a few days ago I had posted a basic question about craigslist and it was removed/deleted and I was told it was not allowed (sorry, and I had no idea you can't talk about CL here!). Just want to make sure.