Are you looking for online business ideas in Pakistan to help you earn extra money or side income? Starting a mobile phone accessories online store can make you a lot of money, especially with the growing demand for mobile phones and accessories in Pakistan.
However, starting a mobile phone accessories business in Pakistan can take time and effort, especially with a limited budget. In this article, we will guide you on how to start a mobile phone accessories business in Pakistan with a budget of 1 lac rupees.
We will cover various aspects of starting a mobile phone accessories business in Pakistan, including product sourcing, designing an e-commerce website, implementing effective digital marketing strategies such as SEO, SEM, and social media marketing, and hiring a virtual assistant to manage routine tasks.
Following these steps, you can quickly start your mobile phone accessories business in Pakistan and earn a side income. So, let’s dive into the details and learn how to start making more money.
Step 01: Research the Market – Free
Before starting a mobile phone accessories business in Pakistan, conducting market research is important. This is to identify popular accessories, their demand, competition, and pricing. The research will help you decide if your business idea is good, and you can create a helpful strategy.
Here is how to conduct market research. You can do all of this for free, and it can help you avoid expensive mistakes:
- research the best-selling mobile phone accessories online
- see what the latest trends are and what is in demand
- visit online and local mobile phone accessory shops and online stores
- check their inventory, pricing, and customer preferences
- read customer reviews on competing sites to get an idea of what customers like
- analyze your competitors, their pricing strategy, marketing tactics, and product quality
- research the target audience and their needs, including style, colors, and rate
- calculate your profit margins and expenses to set realistic pricing for your product.
Step 02: Develop a Business Plan – Free
Developing a business plan is an essential step toward starting a successful business. After conducting market research, you must create a comprehensive business plan outlining your target audience, budget, pricing, and marketing strategy. Your business plan should also identify your unique selling point and your competition.
To begin, determine your budget, including the initial cost of sourcing products and creating a website. It is essential to have a clear idea of the available funds and the expenses you need to cover. This information will help you make informed decisions about your pricing strategy and ensure that you make a profit.
Next, decide on the pricing for each product to ensure that you make a profit. Consider the cost of sourcing products, creating a website, and other expenses like shipping, packaging, and handling. It is important to set competitive prices that allow you to make a profit while remaining attractive to your target audience.
Finally, create a marketing strategy that includes social media marketing, SEO, and SEM. You can use social media platforms like Facebook, Twitter, Instagram, and LinkedIn to reach your target audience. SEO and SEM strategies can help increase your visibility on search engines like Google and Bing.
Step 03: Source Products – Rs. 45,000
Sourcing products in bulk can be daunting, especially if you are new to the industry. However, it is crucial to find the right supplier to ensure that you offer your customers quality products.
Setting a budget of around 45,000 rupees for mobile phone accessories in bulk is a good place to start. Look for respected wholesalers that offer high-quality products in bulk. Researching and comparing different wholesalers is essential to get the best deals. Consider sourcing from online marketplaces like Ali Baba, Ali Express, or other websites that offer a wide range of products.
To make the process easier and more convenient, you can use a product hunting service from Get Digital Pakistan. This service can help you find the best wholesale mobile phone accessories based on your requirements and budget. The team at Get Digital Pakistan can help you source quality products from reliable suppliers.
Step 04: Create a Logo and Get branding Advice – Rs. 5,000
Creating a professional logo is an essential aspect of building a successful brand. Assigning a budget of roughly 5,000 rupees to design a logo can help you make a unique visual representation of your brand’s values. Logo marketing will impress customers and increase the amount of money you can earn.
You can hire a graphic designer from Get Digital Pakistan to design a professional logo. The designer will work with you to create a logo that represents your brand and is visually appealing to your target audience. Alternatively, if you want to learn how to design a logo, you can enroll in a Cealea course. This course will teach you how to create a simple, memorable logo that represents your brand’s values.
Step 05: Set up a Daraz Store or Create an E-Commerce Website – Rs. 10,000
Give a budget of around 10,000 rupees to set up a store on Daraz. It is one of the largest and best-selling platforms in Pakistan. Starting a Daraz store involves registering as a seller, providing necessary documents, and setting up your storefront. Alternatively, you can create your e-commerce website. The process involves choosing a domain name, hosting, and building your website.
Does designing an e-commerce website seem difficult? Get Digital Pakistan provides professional help for setting up a Daraz store. Or learn how to create an e-commerce website through Cealea online courses. Once your store is set up, use social media marketing, SEO, and SEM to promote your business.
Step 06: Implement Social Media Marketing – Rs. 5,000
In today’s digital age, business marketing on social media is important, especially for an online business like a mobile phone accessories store. With a budget of 5,000 rupees, you can run effective social media campaigns on popular platforms like Facebook and Instagram to reach your target audience.
To make the most out of your social media marketing, seek marketing assistance from GDP. We can help you create a solid social media strategy, design eye-catching posts and advertisements, and monitor and analyze the results of your campaigns.
Alternatively, if you have enough time to upskill yourself, enroll in a social media marketing course from Cealea to learn the latest trends in the field. This can help you create more engaging and effective social media content, boosting your sales and growing your business.
Step 07: Use Search Engine Marketing – Rs. 10,000
Search Engine Marketing (SEM) is a highly effective digital marketing strategy that can help you drive website traffic and boost sales. With a budget of approximately 5,000 rupees, you can use SEM to target potential customers actively searching for mobile phone accessories online. By running Google AdWords campaigns, you can show your ads to these potential customers, increasing the likelihood that they will click on your ad and visit your website.
If you are new to SEM for small businesses, seeking affordable search engine marketing services from Get Digital Pakistan can be helpful. These services can help you create and manage effective Google AdWords campaigns to drive website traffic and increase sales.
Alternatively, you can learn SEM practices by enrolling in an online course from Cealea. Taking a class teaches you about SEM and how to effectively use Google AdWords to target potential customers and drive traffic to your website.
Step 08: Implement SEO – Rs. 10,000
Search engine optimization (SEO) is a crucial aspect of any online business, as it helps your website rank higher in search engine results pages (SERPs) and attract more organic traffic. With a budget of approximately 5,000 rupees, you can optimize your website for relevant keywords and Meta tags. This will improve your website’s search engine rankings and ultimately increase sales.
To get the most out of your SEO for local business, you can seek affordable SEO services for organic marketing from GDP. We can help you identify relevant keywords, optimize your website’s structure and content, and monitor and analyze your website’s performance. Alternatively, you can learn SEO practices by enrolling in online or in-person SEO courses for e-commerce training from Cealea.
Step 09: Hire a Virtual Assistant for Advice – Rs. 10,000
Running an online business can be time-consuming. Managing routine tasks like order fulfillment, customer service, and social media management alone can be challenging. To save time and focus on growing your business, you can allocate a budget of approximately 10,000 rupees per month to hire a virtual assistant who can handle these tasks for you.
A virtual assistant service can help you with various tasks, including responding to customer inquiries, managing your social media accounts, and processing orders. This can free up your time and allow you to focus on other important aspects of your business, such as product sourcing and marketing.
Miscellaneous Expenses – Rs. 5,000
Starting a mobile phone accessories business in Pakistan requires additional expenses, such as transportation, packaging, and website maintenance. You should allocate a budget of approximately 5,000 rupees for these miscellaneous expenses to ensure your business runs smoothly and efficiently.
Conclusion
In conclusion, starting a mobile phone accessories business in Pakistan with a budget of 1 lac rupees is possible, but it requires careful planning and execution. By implementing effective digital marketing strategies, optimizing your website for SEO, and hiring a virtual assistant to manage routine tasks, you can set your business up for success and start earning a side income in no time. Get Digital Pakistan is a trusted digital marketing agency that can help you achieve your business goals with various e-commerce services. Contact us today to learn more about our services and how we can help you start earning more money now!
