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8 Steps to Start a Subscription Box Business

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What is a subscription business?

In a simple term, subscription box business is a type of eCommerce business that offers online shoppers the opportunity to buy personally curated products on a recurring basis

Steps to Create a Subscription Box Service

Starting a subscription business is not difficult, the question you need to ask yourself is, am I ready to start a business? if your answer is yes, then you are on your way to starting our subscription business. Just like any other business, a subscription box business requires that you have an interest in it because that is what will keep you going once you lunch your business.
If you are ready to start your subscription box business but you don’t know where to start from, the following steps will guide you in starting successfully.

1. Choose a niche

The first step in starting a subscription business is to first choose a niche that interests you. There are many product categories you can choose from but you must ensure that you stick to one. Even after choosing your niche, you must do proper market research and as well examine your competitor. Also, before starting, you must know the growth prospect in that niche and must be able to determine your target audience and forecast the outcome of the business in 5 years’ time.

2. Set the right price for your box

What you don’t want to do we first starting out in the subscription business is to overprice your box. So, before you set your price, do some competitive research and closely examine how your competitors set their prices. The outcome of your research should let you know how you can turn a healthy profit without pricing your subscription box too high. Doing this will win you some of your competitor’s customers when they see that they can get the same product of the same value at a cheaper price.

3. Make a prototype box

What you should do next is to create a prototype subscription box. Doing this will let you know how the box will be packaged when the customer receives them, you will also know what packing materials and design to use and the dimensions you will use for the boxes based on the product arrangement.

4. Set up a website

If you want your business to be accessible to many people, it is a must that it must be online. Most people find it very convenient to buy things online than visiting physical stores, so you must build on this advantage. You should therefore set up a user-friendly website with engaging copy and content about your company, nices images, and include the links to your social media pages. Your website must not be difficult to navigate and ensure that the buying and checkout process is easy and transparent.

5. Market and promote your subscription box business

You don’t have to have everything ready before you start marketing your subscription box business. Use every marketing channel available to the market and promote your business most especially digital channels like social media marketing, email marketing, paid to pay click, SEO, etc.

6. Start taking and fulfilling orders

Make sure that you have fully tested your website and that it is ready to start receiving orders without any technical issues. Decide if you want to fulfill the orders by y9ourself or you want to outsource them. If you want to be fulfilling it yourself, make sure that you handle it properly and avoid as many mistakes as you can. In the case where you decide to outsource the order fulfillment process to a third party, choose the one that is reliable with a good track record of past successful fulfillment.

7. Ship the ordered boxes to customers

Once your customers have placed their orders with their necessary details, begin the shipping preparation instantly. Meanwhile, while preparing to ship, you must also ensure that you contact them through the contact details they shared at the point of checking out. This is to let them know that you got their order and to assure them that they will receive it.

Continue to grow your business
You must not relent once you start. Endeavor to see that your subscription box business continues to grow and to do this, you must keep promoting it and also ensure that marketing never stops. Also, always look for a better way of doing whatever you are doing, get feedback from your customers and always attend to their complaints.

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How to start an art gallery in 5 easy steps

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It takes a creative heart and a business mindset to successfully run an art gallery. Being a lover of art alone isn’t enough to pay the bill, there must be some kind of reward for it. This is why art galleries owners are those that have found a way to bring the creative world and business world together.
Starting an art gallery is not something hard, you just need to take your time to make proper planning, and in this article, we shall be looking at the steps you can take to successfully start your own art gallery.

Follow these 5 easy steps to start an art gallery

1. Conduct a market research

The first step you need to take before starting an art gallery is to first carry out market research in the locality of the place you want to set up your art gallery. This means you will need to see the know if the people in such area are the types that appreciate arts and also the kind of arts they would love to see. Doing this will help you define clearly who your target audience is. If an art community exists in that locality, ensure you use them to your advantage in helping to evaluate the market. This is also when you discover if there’s already an established art gallery in that area.

2. Know your onions

It is not just enough to have an art gallery, you must also have a knowledge of it to a good extent. You wouldn’t want to sound like a total novice when a visitor asks you questions about the arts in your gallery, would you?
Get all the knowledge you think is necessary, visits other art galleries in neighboring communities, and always try to update your knowledge based on current trends.

3. Plan your business cost

Just like any other business, you need to know ahead, the amount you will need to start and run your art gallery. This includes renting cost, business license fee, marketing and promotion cost, staff salaries in case you plan to hire workers l, and any other expenses.

In planning your cost, you should also determine the amount you will charge your customers.

4. Register your business with the authority

Before you start operating your art gallery business, ensure that you obtain the required permits and that your business is legally registered as a sole proprietorship, partnership, limited liability company (LLC), or corporation. You must also get the necessary state licenses and permits. It may cost you your business if you fail to do this.

5. Market and promote your business.

People, especially art lovers might not be aware of your art gallery if you fail to promote it. You must set up a proper marketing and promotion plan. Channels you can use include traditional channels such as television, billboards, etc, and digital channels such as social media, email marketing, etc. You can also maximize art fairs to reach out to a community of art lovers and artists.

6. Build a strong online presence

Having an online presence for your art gallery will go a long way in building your brand and improving your credibility. An online presence will give expose your gallery to artists and art lovers within and beyond your location. Although your art gallery might not always be opened for as long as the internet is not down, people can always access your gallery online.

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6 major equipment for brewing coffee at home

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Being a coffee lover will make you want to go the extra mile in learning anything about coffee including its production process.
You might have been thinking about the brewing equipment you can need to brew your own coffee at home. What the majority of coffee lovers don’t know is that brewing your own coffee at home is cheap and does not require expensive equipment.

If you would love to make your own coffee, but don’t have the brewing equipment you will need, then this article is specifically written for you, as I will be covering every detail you need to know.

There are lots of brewing equipment you can choose from but the selection depends on the type of flavor you want to get and the ease of use.

Let’s now look at the equipment you can use to brew coffee at home.

1. Grinder

If you want to enjoy your coffee and want it to taste good, then you must be ready to invest in getting a good grinder. There is a general rule that says: the fresher the grind, the fresher the taste! This is because coffee tastes best immediately after it’s been ground.

What you also need to consider is the grind size. What determines the size is the brewing device you are using, the coffee beans, and how you prefer the taste.

Coffee Grind Size Chart: Source MasterClass

Grind Particle size in millimeters Consistency similar to Best for
Extra-coarse 1.5 Rock salt Cold brew
Coarse 1 1 Coarse sea salt French press, percolators
Medium 0.75 Beach sand Pour-over, Chemex, drip coffee maker
Medium fine 0.5 Table salt Moka pot (stovetop espresso), Aeropress, siphon brewer, pour-over cone

 

Fine 0.3 Fine granulated sugar Espresso
Superfine 0.1 Flour Turkish coffee

There is a rule that applies to grinding: the finer the grind size, the more extraction will take place due to the larger surface area. Also, the coarser the grind, the less extraction there will be. You must also bear in mind that under extraction leads to sour tastes, while over-extraction will create more of a bitter flavor.

Another factor that you must consider when choosing your grinder is its evenness. When you grind coffee beans, three sizes are usually created, and they are:

  • The size you want
  • Small particles called fines
  • Big particles called boulders

 

2. Scales

The reason why you should weigh your coffee bean is to main consistency and taste. There are different densities for coffee beans, but when you weigh them, it lets you use the same amount of dry coffee to water ratio each and every time you brew. If you don’t have enough money to spend on scales, you can start with a regular kitchen scale, you can also decide to go for some specialized scales made specifically for coffee brewing.

3. Pouring Kettle

If you are considering using an espresso machine, then you really don’t need to use the kettle. Hoverer, if you want to use our-over methods, you should use a kettle. In using a kettle, you can use the ones with gooseneck so that you will be able to control the water flow properly and get an even extraction. To stray within your budget, you can get a Hario kettle, if you can still add a few bucks, you can go for a Stagg Pour-Over Kettle, with a built-in thermometer.

4. Filter Papers

Depending on the brewing method you are using, there are different filter paper that suits each method. Ensure that you check with the producer the type of filter paper you should use. Here are further tips on selecting the best filter paper.

5. Thermometer

Your brew tastes will be affected by the water temperature you brew your coffee with. I will recommend that you use a temperature in the range of 90.5–96°C/195–205°F.

It is generally known as accepted that the hotter the temperature, the greater the degree of extraction. So, if you think that your coffee is tasting too sour, use hotter water, and if it’s tasting too bitter, use cooler water.

6. Timer

To have a perfect brew, timing is very important as it has a significant impact on coffee’s flavor. Regardless of the type of recipe you are using, you must ensure that you take note of the time you are brewing for. This will help you keep things in check, and you can easily use the timer on your phone for that purpose.

I have listed for you the list of coffee brewing equipment you will need for you to get a consistent result and a great extraction. If you are at home, you can get this equipment to brew your coffee, but if you want to operate in a more professional environment, you might need to get some sophisticated equipment.

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How to start a successful dropshipping business in 5 steps

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What Is a Dropshipping Business?

Dropshipping is a type of business model which you can run effectively without having to store any inventory. All you have to do is to get an order for the product and then you can contact the supplier who will ship the product from their warehouse down to the delivery address provided by the buyer.

The major benefit of running a dropshipping business is that you need not worry about the inventory and this is the advantage that dropshipping business has to manage an online store by yourself. You need not worry about storing, packaging, and shipping the products.

How Dropshipping Business Model Works

The dropshipping business has three major players: the manufacturer or supplier, the retailer, and the customer

Let’s now look at the roles of each of these players.

Manufacturer/ supplier

In the dropshipping business model, the manufacturer takes up the role of creating the products, packaging them for delivery, shipping it down to the customer on the retailer’s behalf, taking care of defective products. In order to minimize the risk of unsold inventory, they make their products available to the retailer at wholesale price.

Retailer

The retailer stands as the link between the manufacturer and the customer. It is the role of the retailer to make the products available to the customer by selling the manufacturer’s products on their website under their own brand. The retailer will choose the type of product to sell. Also, the retailer will determine the shipping costs and set product prices

Customer

The customer does not have a direct dealing with the manufacturer because they only need to place their order if they see any product they want and the supplier will ensure that t gets to them.

Steps to starting a dropshipping business

Step 1: Pick your dropshipping business niche

If you want to start a dropshipping business, there are many niches from which you can choose. In choosing a niche, ensure that its type has a sizeable market because you wouldn’t want to end up listing your products without getting any customer or recording low sales.

So, you must first ensure that you carry out the necessary research about the niche you decide on. Just the same way y9ou would do market research for an online store to know how profitable it will be, you must also see drop shipping that way.

Step 2: Carry out competitor research

Now that you have decided what you will be selling in your online store, you want to know who your competitors are and understand the way they operate their business. You can not underestimate what you will find out in your competitor research and it will definitely help you build a stronger marketing plan for your dropshipping business.

Step 3: Secure a supplier

Choosing a dropshipping supplier is a very important decision in creating a successful dropshipping business. In choosing a supplier, make sure you choose based on their past records and ensure that they have good ratings, you wouldn’t want to end up disappointing your customer, would you? There are many suppliers you can choose from and you can also move to another supplier if you notice that the one you are using is not effective.

Step 4: Choose a suitable Dropshipping platform for your store

After you have decided on the above steps, the next thing you should do is to choose an online platform that you will use for your dropshipping busies. Some platforms have a prebuild e-commerce function which has made it easy for anyone to set up a store with them, all you just need to do is to brand it according to your business brand and start building your store on it. Examples of such platforms include Shopify, Aliexpress

Step 5: Promote your dropshipping store

Having your online store set up is not enough, you need to also ensure that your products get to the face of your potential customer. This means you will need to set some budget aside for the marketing and advertising of your store. Ensure you do this while building your dropshipping business plan, it will let you forecast the running cost and set it aside so you don’t end up stranded after setting up your store.

Now that you know how to start a dropshipping business, it’s time to talk about marketing your new store. To stand out in your market, you may want to put extra effort into your marketing and advertising efforts when building your dropshipping business plan.

 

 

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