Shopping is no longer a traditional custom of hopping into the stores and filling your bags!
It has rather become a vocation now.
Didn’t you hear about the term personal shopper?
It is a profession in which you can provide expert advice and an ultimate level of personalized customer service to such people who are too busy to shop for themselves.
Although it might include buying groceries and other necessities, fashionable apparels and accessories seem to be pretty common. As a woman, it is one of the most ideal businesses that you can start.
C’mon! Don’t we all love shopping?
Hence, we can easily fit into this genre!
All that you need is a sense of style, marketing knowledge, an idea about quality bargains and people skills to get famous. If you think that you are already having these qualities or it won’t be tough for you to develop them, become a personal shopper! Believe me, it is worth opting for doing so because of the high revenue that you can expect to earn.
How can you start such a business?
- Plan out the business model
To become an entrepreneur in any field, you need to make a clear plan and personal shopping is no different. Before you start with the business, consider your initial costs. You should even figure out the right kind of market that you are going to target.
Also, try to gather the statistical data about the success rate of this business. Further, you should have a good knowledge of the available budget-friendly facilities and hand-pick deals like CouponsMonk and many others. It will help you make your clients save huge. Thus, they will, in turn, like working with you.
After you have all the required information, you should figure out the core strategies of your business.
- Get your business legalized
To choose a standard legal identity for your business seems to be one of the basic steps to determine that your business goes a long way. It is also important to prevent any personal liability if your business gets unfortunately sued for any reason.
With a plethora of options around you, it is advisable that you ought to either opt for general partnership, sole proprietorship or limited liability company (LLC). Generally, if you are planning to launch your business as a start-up with a moderate capital, the general partnership seems to be best for you.
On the other hand, if you intend to work with clients from all over the country and beyond, Limited Liability Company will work for you.
- Get the taxation work done
You are going to open up your own business, it is required to take taxes into account. In order to ensure that you don’t suffer from any governmental issues afterwards, it is required to register your business for a wide array of state and federal taxes.
- Go for a business bank account
Don’t let your individual bank account get into the scenario when it’s about your personal shopper business. It will totally mess up your finance. With a dedicated checking account for your business, you will keep your finances more organized. Also, your business will appear pretty professional to your customers.
- Collect the required permits
If you want to thrive in the market, you should obtain a business license. All others necessary licenses are mandatory too. If you fail to get any such important document, you might have to pay huge fines. Also, it might altogether let your business to get shut down. So, beware and fulfil all such legal needs before starting a personal shopper business.
- Get your business insured
It is highly advisable to get a proper insurance for all kinds of business owners. Being into the personal shopper business, you should even opt for some great insurance policies. If you intend to hire employees, worker compensation insurance is a must!
In that case, you can take help from an insurance broker to let you choose the ideal policies for your personal shopper business. If you are planning to start up with your business in the United States of America, you are expected to have some of the following insurance policy covers:
- Health insurance
- Worker compensation
- General insurance
- Payment protection insurance
- Employment Practices Liability Insurance etc.
- Give your brand an identity
You need to let people know that you can help them do their shopping. So, you should define your brand in such a way that it indicates what your company stands for. It must indicate the way in which your brand is being accepted by the people. With the right kind of brand-awareness and marketing strategies, you can come up with a strong brand.
- Go online
Almost everything in the world has an effective web presence nowadays.
Why should your personal shopper business lag behind?
If you will have a full-fledged business website, it will tremendously help your clients to know about your company. To let them know about your specific services, a website is necessary. Moreover, with the help of social media and other marketing platforms, you can enhance the popularity of your website. It will be definitely be a boost to your personal shopper business!
This is how you can give a kick start to your business skills and establish yourself as a pro personal shopper.
What are you waiting for?
Start taking the necessary steps now!
Clara Decker is the free time writer and full-time internet surfer. She likes to work on making in-home life better in society. She lives like an entrepreneur to support her husband at the month ends.