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| Draz Online Shop |
A detailed discussion about launching a brand draz online store.
In this post, we will discuss, how to launch a brand on Daraz!
How to open Draz Online Shop
Let's take an example.
Daraz mall store total investment:612k Profit per month:432k Profit margin:19%
Store age:13.2Month Total launched products:9 Category: Kitchen and dining
STEP:1
DOCUMENTS
Before starting a business you will need some documents which are very important for you to start your business or to form a company like,
NTN
Sole proprietorship
Trade Mark
Business Bank account
NTN(national taxation number)
To start your business it is important that you have to register your business in FBR for which you have to generate NTN. It's free it's free of cost
Sole proprietorship:
A sole proprietorship is important Like NTN, this is very important when you want to flip your business.
Trade Mark;
Like these two documents, this trademark is also very important It is used for the purpose of registering your brand for a trademark acknowledgment letter, not a trademark number
Business account:
A business account is used for the purpose of transferring all your payouts to your bank account The best option is to open a business account in the name of your business cost Free
2ND STEP:
BRANDING STORE DECORATION
If you want a tag on the store quickly, it's important that you make your Store look like a brand Store decoration I guide you through parts like
BL
BSD
BP
Branding listing
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| Draz Online Shop |
It is very important to get the Daraz mall tag that you have to do some listing means Branding Listing
Branding Store Decoration
With brand listings, it is also very important that you decorate your store like a brand So that the tag on top of your store can come quickly
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| Draz Online Shop |
Branding packing
It is also very important to get the tag that you have to create branding packaging for your products that will only be on your brand new.
3RD STEP;
PRODUCTS LAUNCH STRATEGY
1st month
Our investment was:132k
Launched products:3
Our profit margin was:20%-20
Our profit was:0/Ranking
Inventory cost
We had three product launches this month our product purchase rate is avg 200 per unit and and and buy 75 units for 15k use on 1 product inventory so a total of 45k
Marketing cost
Our budget was marketing just 10k for 1 product Facebook ads because Facebook ads are more important for ranking your products on Daraz with organic traffic it's very useful for your business total use budget of 30k
2nd month
Our investment was:75k
Launched products:3
Our profit margin was:20%-20
Our profit was:30k
Inventory cost
The same strategy as the first month means We had three more product launches this month our product purchase rate is avg 200 per unit and and and buy 75 units 15k use on 1 product inventory so a total of 45k
Marketing cost
The same strategy of the first month means Our budget was marketing just 10k for 1 product Facebook ads because Facebook ads are more important for ranking your products on Daraz with organic traffic it's very useful for your business total use budget of 30k
3rd month
Our investment was:75k
Launched products:3
Our profit margin was:20%-20%
Our profit was:55k
Inventory cost
The same strategy as the first month means We had three more product launches this month our product purchase rate is avg 200 per unit and and and buy 75 units for 15k use on 1 product inventory so a total of 45k
Marketing cost
The same strategy of the first month means Our budget was marketing just 10k for 1 product Facebook ads because Facebook ads are more important for ranking your products on Daraz with organic traffic it's very useful for your business total use budget of 30k
4th month
Our investment was:0k
Launched products:3
Our profit margin was:20%-20
Our profit was:105k
Inventory cost
The same strategy as the first month means We had three more product launches this month our product purchase rate is avg 200 per unit and and and buy 75 units 15k use on 1 product inventory so a total of 45k
Marketing cost
The same strategy of the first month means Our budget was marketing just 10k for 1 product Facebook ads because Facebook ads are more important for ranking your products on Daraz with organic traffic it's very useful for your business total use budget of 30k
REINVESTMENT FORMULA
1st Month
Profit was:0/Ranking
Sale was:450 units/Month
Reinvestment formula: not apply
2nd Month
Profit was:23k
Sale was:900units/Month
Reinvestment formula: not apply
3rd Month
Profit was:45k
Sale was:13,50units/Month
Reinvestment formula: It was applied
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