How to start a subscription box service in 2018?

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Want to start a Subscription Box business?

• The Art of Subscription-based business
• www.mysubscriptionbusiness.com

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Who We Are? - About

• The Title My subscription Business was chosen
  for this company with a goal. When we say My
  Subscription Business, we mean it we help your
  business grow like ours not just because it
  adds value but because we appreciate the whole
  concept.

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So what does it take to start a whole new
Subscription Box Business?

• How amazing it is to get a beautiful gift box!
  And to assist customer relish this impact of a
  surprise gift box every month right at ones door
  is what Subscription Box is all about.
• The excitement, the patience, the spirit of
  enquiry of whats gonna be there? has led to a
  great refurbished idea of the Subscription Box
  Business Model.

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An idea thats sure to work

• The right way to have a great idea is to have a
  lot of ideas! So brainstorm and think about it
  something that youre excited about, something
  you would never quit and not the least, some
  product category that is unique and potential.
  Think about it

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2. Your Consumer is your God Know them

• Know your consumer your target audience. That
  is why it is so crucial to define and connect to
  the idea so you can have an idea about what
  do they want?
• Are they presently purchasing from others? Whats
  their paying limit? What are their goals? What is
  their demographics? Are they facing some issues?

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3. Develop Website the Subscription Business
Spine

• To build a subscription based website you need a
  Subscription website specialists who understands
  the niche of your customer and product, and has
  got the experience across the subscription
  business model is important for a website both
  from consumer and business owner perspective.

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4. Product model, Source and Supplier (if any)

• Building supplier relationship early on can
  assist you create a potential revenue plan.
• This phase decides the basis as well as the
  future of your subscription box business
  getting the early plan of your product ready,
  deciding the supplier (if you're not the
  manufacturer) and finding out the pricing with
  the supplier(s).

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5. Packaging is the Goddess

• Make sure you include these points before
  deciding on a box design and type. Some other key
  takeaways
• Research and Explore about as many local vendors
  as you can.
• Monitor designing as you have researched about
  your prospects and you understand their lifestyle
  better
• Select the raw material carefully according to
  the product.
• Define a budget beforehand so you dont get
  swayed away
• Dont hesitate to arrange raw material yourself
  if that saves better.

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6. Reliable Shipping

• Shipping is yet another important part of the
  complete subscription-based business plan. A
  delivery in time and in perfect condition has no
  substitutes.
• The logistics partner should be verified,
  affordable, experienced and should have a good
  tracking system in place.
• Remember, involving a other parties also involves
  the risk of loss of control in delivery. So, the
  companys previous track record can assist you
  with the good decision.

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7. Decide right price and payment cycles

• A price thats all-encompassing, a price that
  your customers can afford and grows your
  subscription box business! The pricing is
  everything that sets your product value in the
  market. Competitive research and incurring rates
  will all assist you select on the right pricing
  you should be setting for your subscription box.
• While you understand that short-term
  subscriptions would be higher in the price range
  and long-term would be lower, you should be able
  to define the value of your box.

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8. Product Pre-launch and Market

• In this phase, you could experiment sample boxes,
  gather feedback from critics and work on
  enhancements.
• At the other side, start working to gather leads.
  Best ways for this could be Fb, Instagram,
  Snapchat, Twitter, etc.
• You can consider running paid ad campaigns on
  various social media platform to spread the word.
  Be sure to create good content, beautiful
  graphics and more.

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9. Launch and Market

• Time to kick-off! Now that youve got enough
  potential customer leads and people know about
  you, launch it with a bang.
• You can either start an event or simply plan an
  email blast routing to your Subscription based
  website.
• First few 10s or 100s can even get a special
  early bird discount. Make sure you build it big
  you have worked hard for it and it should look
  good. Find out Pro-bloggers to review your
  box(es), reward loyal customers and go on adding
  great content. Marketing just should never end!

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10. Youre up, go on!

• Just go on its time to reap what you sow.
  Having followed these phases your subscription
  box business is sure going to crack the market
  and mitigate problems but you also cant avoid
  a few initial and inevitable bumps.
• There might be shipment problems, returns,
  critical customer feedback, etc. But just
  understand your operations deeply so you just go
  on improving and winning great customers.

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More help? Sure!

• These 10 phases are to be mugged up and applied
  with all your soul and nothing thereon can hold
  you from becoming a profitable subscription box
  business. And if you require any help through
  these steps, feel free to drop us a word at
  hello_at_mysubscriptionbusiness.com.