Hi, My name is Kevin. Past General Manager of a multi-business enterprise (ITM and properties), Gateways Society founding Chairperson, Spirit of New Zealand administrator, Systems specialist (technical), past teacher and government advisor. Many of you probably know me as Spooks – spirit communicator.
We’ve tried all sorts of ways to make a reasonable income. Oh yes, we’ve been successful. Very much so. But also failed miserably. Third party support, business support, technical services, self employment, running a commercial workshop, internet cafe, retail store, properties enterprise and of course, the daily wage grind. Not every success works. Very few on wages make it to the golden heights of financial freedom. And not all of us have the time or energy to put in to getting there. We know one thing, to make something work, even passively, requires a little energy. And you know what, why can’t that be creative, fun, social oriented.
So I want to talk to you today without the glamorising anything, about how we could all work as a sellers collective. But first:
I am already selling well online. In fact, I just opened up a Trademe Store to build further success on. I also clearly have my own website and I have social media presence. I don’t want sales of products or services to be my 9 to 5 week day. I want it to be by ticket to freedom. And I want it to be yours too. Let’s put our MOO’s aside and look at this simply:-
All our procedures (errr, policies?) are subject to change without notice (E&OE) because this is a new offering. It was born out of trial and experience helping others over the past few months.
From the gross sale (say $100); 20% of collective sales goes into a collective pool (that’s a stakeholder pool which all participants, you, me and them, are part of.) The costs of sale (e.g. Trademe fees, deliveries) are deducted (and yes, you will have added a delivery fee, right!) You get the residual paid every following week. The 20% collective is pooled and distributed every month following as follows:
2.5% might go to the operator to manage the services.
17.5% would then go to the collective stakeholders equitably. That is, divided evenly.
So, let’s say we have ten stakeholders including the operator (who is also a seller in this);
Let’s say we each sell $100 gross in a week on Trademe (to cover the highest fee charging process.) This might all go as follows (not counting delivery charges which should be added on top):-
You sold $100 + All others $900 = $1000.00 gross. Trademe fee 9.99%, Ping payment fees say 2%. Collective 20%.
This means you would receive in balance, the following:-
You $100 – $9.99 – $2 – $20 = $68.01. Plus $900 @ 17.5% / 10 people = $15.75. Your balance $86.76
Do you see how that worked? In fact, you did really well! When you think about it. What if you have a low month? Well, you’re getting help from the collective totals and can earn well above your sales. What if you have a high month? Well, you’re paying it forward.
Clearly, we need to establish some rules as we go to cover contingencies. Such as what happens if a collective member stops supply/selling? And we’ll do that working in teams.
If you are interested in this possibility, get in touch. Oh, and in case you want to have a look, here’s my trademe store (and also, you can check my sales.)
Then there is warehousing and logistics
The operator fee is adjustable, it has to, to cater for growth. Growth meaning, what if there were 100 people in the collective? What about warehousing and supply? Basically, we evolve into New Zealand’s first ever drop shipping national hub for redistributing your products. To do that, we need to consider warehousing. And there is no way I’m going to work for all of you and be philantrophic at my expense. No. That’s why the 20% distribution has to be variable and allow for work and growth.
Think about this a moment. Most drop shipping here is painful. That is because of reliability of the supplier and delivery times. Weeks or a few months can go buy waiting for goods from overseas. Oh, and delivery can cost more than the product. And, online overseas drop shippers to New Zealand are charging grossly overpriced sale rates and delivery charges in addition.
How’s about next day local courier pickup on route to your clients place?
Whether you make your own goods, supply services, or import yourself from various overseas sources, we can work together to make this work. You can still do your own thing. We’re just adding to it.
If we are putting your goods or services online, we need stocks of those products or details on the services. That is because most online outlets require stock on hand by the seller.
Do the right thing
Join the collective.
admin @ spirit.org.nz
0274 501 899