Candy Japan 2013 Year in Review
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Candy Japan 2013 Year in Review
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Re: Candy Japan 2013 Year in Review
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#4The "welcome envelope" was what immediately came to mind while reading about your initial delivery delay, but you make a good point, that extra cost could definitely cause margin problems. Also, it potentially opens you up to people taking advantage of that up-front freebie by signing up multiple times with different information.
Since it sounds like people are interested in potentially paying more for premium candy, perhaps rather than (or in addition to) multiple subscription levels, you could consider allowing customers to purchase much pricier one-off high-end products. Running those once a week, assuming the volume was fairly low, would only add a couple relatively mild days of work per month, for something with a potentially higher margin.
Re: Candy Japan 2013 Year in Review
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#7Thanks for the update! I've seen this as a pretty inspirational "lifestyle business," particularly since you seem to be doing well with it despite having to deal with a physical product. The "welcome envelope" was what immediately came to mind while reading about your initial delivery delay, but you make a good point, that extra cost could definitely cause margin problems. Also, it potentially opens you up to people…
It helps that I see some romanticism in shipping physical goods. As a kid I saw an ad in a magazine for a book on "how to start your very own far east import business". My parents would not buy it for me and it was probably some sort of scam, but the idea stayed.
Having a shop is definitely something I want to do, but I think I try to bring the subscriber count a bit higher before embarking on it. Other subscription businesses seem to make about 25% of their sales from products that people purchase more of after being introduced to them via the monthly packages.
Re: Candy Japan 2013 Year in Review
#8Thanks for the update! I've seen this as a pretty inspirational "lifestyle business," particularly since you seem to be doing well with it despite having to deal with a physical product. The "welcome envelope" was what immediately came to mind while reading about your initial delivery delay, but you make a good point, that extra cost could definitely cause margin problems. Also, it potentially opens you up to people…
Re: Candy Japan 2013 Year in Review
#9Very inspiring. Lately, I've found more interest in reading about people building businesses surrounding curated physical goods rather than digital goods or services.
Re: Candy Japan 2013 Year in Review
#10Thanks for the update! I've seen this as a pretty inspirational "lifestyle business," particularly since you seem to be doing well with it despite having to deal with a physical product. The "welcome envelope" was what immediately came to mind while reading about your initial delivery delay, but you make a good point, that extra cost could definitely cause margin problems. Also, it potentially opens you up to people…
And I guess the same goes the other way... Every time I see the site, I want to subscribe, but I simply can't pay $25. :(