I currently do 2 different childrens book business. They are a personalized childrens book business and the other is Usborne Books.
I'm finding it really hard to run both book businesses at the same time. What criteria should I use to eliminate one of the book businesses?
If you were a customer, which business would you buy from and why?
Any suggestions would be helpful.
You may be able to do both still, just figure out how to manage your time between both evenly without having to compromise yourself nor your family. Books are amazing for everyone of all ages, but with everything becoming digital nowadays, it may be a good idea to look into something more recession resistant. That way you have a reliable plan B in case the economy gets even worse than it already is. I envy you, because you have the guts to work in an area that may become obsolete in the near future! There should be more like you out there.......don't give up! If you ever find yourself looking for something recession resistant or a plan B, pm me and I can help you out! Go with your passion, and follow your heart!
Maybe you can consider how much time and effort it takes to run each business and how much $ invested in each one in order to determine which to elimate. Also think about sales, which is producing the most income and has the potential to go far with in the future. Hope this helps...Good Luck!
That's the funny thing about it. I gotten more sales from the personalized books than from Usborne. :)
Quoting Feltzfelt:
I like the idea of personalized books! Kids love seeing themselves in a story.
I would go with the book company that you are the most passionate about. That is the one you will see the best sales from and be the most successful with. Personally, I like the personalized books. I still remember the birthday record that had my name in it. :)
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Quoting Supermum311:Maybe you can consider how much time and effort it takes to run each business and how much $ invested in each one in order to determine which to elimate. Also think about sales, which is producing the most income and has the potential to go far with in the future. Hope this helps...Good Luck!
The main thing would be the income potential. Which one can you make more with? Which one sells better? Which has the most growth potential?
So far I made more with the personalized books. There's less personalized books(close to 40 personalized childrens books). Usborne has close to 1,400 books from newborn to teens.
Quoting ZanderandBella:
The main thing would be the income potential. Which one can you make more with? Which one sells better? Which has the most growth potential?
If you have made more with the personalized books, I'd stick with that. Sometimes having more isn't best. It's easy to remember 40 book names rather than 1,400 KWIM? You can give people more of a personalized experience as well when you know the details of your products including names or authors and so on.
Quoting extremelibrary:So far I made more with the personalized books. There's less personalized books(close to 40 personalized childrens books). Usborne has close to 1,400 books from newborn to teens.
Quoting ZanderandBella:
The main thing would be the income potential. Which one can you make more with? Which one sells better? Which has the most growth potential?
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- extremelibrary
on Jan. 19, 2013 at 1:21 PM