how to do online business in kuwait
with social media platform yes friends
today's video is about making that
extra income sitting at home you might
have heard lots of online business
around you
during this kobe 19. yes online industry
is taking over
and there is plenty of opportunities in
kuwait
this is one business option that i know
and currently doing
well all you need is three things one
minimum capital
second facebook page third delivery
for deliveries you can initially talk to
any well-known taxi drivers
and pay them 750 fails to 1kt per
delivery
this delivery charge you can collect it
from customers through orders
and minimum capital which i mentioned is
for
buying the products and managing your
business expense
so now let us go and see how to start
step by step
first go to facebook then go to facebook
pages
and create an eye catchy name for your
facebook page
this is how you have to do it step by
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step
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so once you have created the facebook
page design a logo
there are various free websites to
create a free logo
here is one for you which i created for
my new online page
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now your page is ready next we need
products
initially start with category that you
know well
for example if you are more interested
in cosmetics dress
kids toys you can start to source for
these kind of items
i am more into electronics and kitchen
items
i will show you how to start with
electronics and kitchen items
friends there are many suppliers here in
kuwait dealing with electronics and
kitchen items
for that i spent a day in wholesale
market at old souk
sharik in suk sharak old market
you can find 99 of all the items in
kuwait
just search patiently for the best price
and suppliers
so that now you have selected the items
all you have to do is little bit of
editing this is very easy friends we
don't need to have
more knowledge about editing if i can do
it
i am sure you can also do it i will show
you how to edit a post
on canva.com for free and you can also
follow the same
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so
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hope this video helped out with editing
well friends
let us upload this post on facebook
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well friends you have done 80 of the
work
now all you have to do is promote your
facebook page
first share your facebook page to your
friends and family members
in this way you get your community
followers
with a limited reach to get more genuine
followers
all you have to do is invest in facebook
ads
in this way facebook will share your
post and promote your
page to more people so now let us see
the working model of business so friends
this is the working model
which i created initially at the
starting of my business
so i have put 250 kd as a minimum
investment
and for facebook ads i will invest 50 kd
and rest 200 kd i will keep it for
buying the products
so if i can generate a sale of 500 kd
with 15
margin apart from my expenses i will get
25 kd per month
so this is the graph how to increase
your business
so all you have to do is work on more
margin
initially i work with 15 30 and maximum
is 50.
so this is how you can work as a margin
to your business
try to increase your sale as a slab wise
initially work with
500 kd as a target for first couple of
months
then slowly increase your target to
thousand and thousand five hundred
and so on so now let me share my current
business
for your learning purpose
i have a initial capital of 3000 kt
where i invest 400 kd for ads and i have
a personal driver for 300 kd
and i do have an editor where i pay 100
kd
another general expense for 100kd so my
fixed
expenses per month is 900k
so if i do 2000 kd sales with 15
margin i am losing 600 kt
but i am not going to work for 15 for
sure
my minimum margin should be 30 or 50
percent
i am doing this business from past three
years
so you could guess on what slab i would
be
it's up to you let me show you my online
business page
which is q8shopme.com
feel free to check my page i will leave
the link in the description
friends hope you got an idea of doing
online business in kuwait
if you want any further information
please leave your comments below
and friends do share this video with
your friends and family members
and like share and subscribe to my
channel
thank you