Research and select high-demand products: To maximize your chances of success as a Duke reseller, it is important to research and select products that are in high demand. This can help you to sell more products and minimize your chances of running at a loss.
Set competitive prices: To prevent running at a loss, it is important to set competitive prices for your products. You should consider the cost of the product, shipping, and any other fees when determining your price. You should also consider the prices of similar products offered by competitors to ensure that you are competitive.
Utilize marketing and advertising: To increase the visibility of your products and drive sales, it is important to utilize marketing and advertising strategies. This can include creating a website or online store, promoting your products on social media or through email marketing, and using paid advertising platforms such as Google Ads or Facebook Ads.
Monitor your expenses: To prevent running at a loss, it is important to carefully monitor your expenses. Make sure to track your costs, including the cost of products, shipping, and any other fees. This can help you to identify areas where you can cut costs and maximize your profits.