ONLINE MARKETING BUSINESS – KZN
SELLING PRICE: R 6 MILL
STOCK: R 1.3 MILL
NETT PROFIT: R 200 K PER MONTH
DESCRIPTION: The Company was formed in April 2014, supplying a range of carefully selected products which are either not available or overpriced locally. Currently there over 600 lines with new lines being introduced on a regular basis. Utilising Takealot Distribution Centres, this business has grown substantially. Over 90% of products are sourced from U.K Manufacturers, Importers and Wholesalers from Asia. Due to the varied product range the target market appeals all age groups with a very low return-basis strategy. In addition since a move to home office has become popular due to covid-19 lockdowns sales have increased sharply. Pricing is geared towards low to middle income earners. Product quality is extremely good and competitors are not a threat. Overheads are low with Storage Facilities for Stock at a minimal. Most advertising costs are borne by Online Marketing Companies. Some deliveries are performed by preferential Courier service companies. This business has many exciting new avenues which have not yet been tapped and is greatly poised for exponential growth.
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