Street Seller Making PKR 225,000+ Earning Every month in #Lahore. 💲💰
So after Sehri today, out side Qadaffi stadium there was this boy selling 5-10 toys. He demonstrated a neck massager and we bought it immediately for PKR 250 each.
Upon further discussions with him, he started telling us that he is selling 80-100 of these every day. And he is getting it for PKR 150 each, including shipping and packaging.
He has 5-10 more toys each selling on average 30-50 units / day and with margins of PKR 40-200.
So on average every day he is selling around 200-300 units with average total revenue of PKR 30 – 50,000. Every day Earning = PKR 20,000 to 30,000.
That makes his Monthly
Orders = 6000-9000
Revenue = PKR 0.9 Million to PKR 1.2 Million
Earning Margin = PKR 0.45 Million to PKR 0.6 Million
His expenses also include paying out Spot Rent, Transport, Inventory SPOT Storage Rent, Sellers Commission and Damage Cost. Roughly around PKR 0.2 Million to PKR 0.3 Million / month.
He said, his brother sometimes also imports directly from China and also, they get stuff from Shalam Market. He also said that he is going to Dubai next month and he regularly visits 2-3 times a year. I inquired about few places there and activities just to confirm and I can believe he really went to Dubai, Sharjah and Abu Dhabi.
I am amazed to see how stuff is being sold out through “Pity Marketing” Strategies and making more than an average ecommerce store in Pakistan. I smartly asked him that if he wanted to put everything online, he said no he don’t want to and that I am not the first smart guy giving him this advice.
Also he was super reluctant for taking a video interview. You can find this guy outside Qadaffi Stadium Restaurants in Lahore.
And next time if you are confused on finding the Product to sell or if it is too late to jump in to ecommerce and learn Facebook Ads or unable to make mind on woocommerce vs shopify then THINK OF THIS PAKISTANI STREET SELLER! 🤑🤑