Professional Documents
Culture Documents
PREPARED BY:
2019286328
MBA1115A
PREPARED FOR:
DATE OF SUBMISSION:
28 JANUARY 2022
TABLE OF CONTENT
NO TITLE PAGES
1. EXECUTIVE SUMMARY 3
4. EXPERIENTIAL LEARNING 6
5. APPENDICES 7-11
EXECUTIVE SUMMARY
Smartphones and phone cases are intimately connected. Today, we'll look at a smartphone
industry analysis and the big potential outcomes in the smartphone case industry. Almost
everyone nowadays possesses a phone, and nearly all of them use phone cases to protect
their phones. Even if people do not update their phones on a regular basis, they do replace
their phone cases. As a result, I chose CASING MURAH RM18 as my business opportunity
and became a dropshipper. CASING MURAH RM18 is an Instagram-based phone cover
shop. This shop sells a variety of phone cases for a lot of phones. Young people and
students are my top focus demographic because they are a generation that is always looking
for phone cases with patterns that they like. On January 22, 2022, I begin operating a
dropship business using an online platform called Instagram.
PROJECT DESCRIPTION – BEFORE ACTIVITY
CASING MURAH RM18 is the name of my dropship business. Phone cases are the
products that this store sells. This store sells a variety of phone cases in a variety of patterns
that can be used with most phones on the market, whether old or new. This shop also sells
really stylish and high-quality phone cases at very low prices. Most phones on the market,
including iPhones, Oppo, Samsung, Xiaomi, and others, can be used with these Phone
Cases. Phone cases come in a variety of patterns and styles, including anime, sports
brands, cartoons, flowers, and more. One of the reasons I decided to start a dropship
business with Casing Murah RM18 shop is that because I've seen that the current trend
among young people is to use phone cases with fascinating patterns. It's also because
nearly everyone has a phone nowadays, and almost everyone uses a phone case. People
tend to update their phone cases on a frequent basis, even if they don't replace their
phones. The youth and students are the target market that I will prioritise. This is because,
as I previously stated, this generation enjoys the trend of using phone cases with unique
patterns.
I managed to sell 5 phone cases throughout the week I served and ran as a dropshipper
selling phone cases. I made a total of RM100 in sales. I don't have a stock balance because
I dropship and everything is controlled by the agent. In one week, I was able to secure three
customers. In terms of service or attitude, customers who buy from me have a great attitude
and are easy to deal with. Maybe it's because I've only been in business for a week that I
only have three customers. However, I believe it is very important to do so more
passionately in the future. I have sold 5 phone cases, so I will get a profit of RM20. It is
because the profit is determined by itself. The price sold by myself is RM 22, and the price at
the business owner is RM 18, so the profit as my dropship is RM 4. Furthermore, because I
did not issue capital, I did not suffer any losses.
REVENUE 22 5 110
(-) COST OF 18 5 90
GOODS SOLD
GROSS PROFIT 90
(-) EXPENSES -
DELIVERY -
NET PROFIT 20
EXPERIENTIAL LEARNING
My business experience has taught me new things, such as how to run a business. When I
pushed myself to become a dropshipper, I learned a little bit about business. If we put in the
effort, doing business is enjoyable for me, and it's even more enjoyable now that I know how
to do it online. Alhamdulillah, I learned how to market a product on social media thanks to a
dropship agent. Being a dropship agent was initially the best option for me because I didn't
have to keep stock or even post products because I was a full-time student. Our agents are
in charge of everything. Even though the commission is little, I am glad and satisfied when
customers purchase the things we sell. I became a dropshipper for this Casing Murah RM18
online shop in less than a week, and I've dealt with a variety of customers, both positive and
bad. I was able to conclude early on in my business that the majority of my customers were
all fine Customer trust, in my opinion, is important in persuading customers that the product
or service offered is real and not a fake.
In my experience, It's satisfying to sell other people's goods. If there is an uncertain new
order, goods do not need to be stored. So I started up a dropshipping business. At the same
time, I don't have to worry about spending money on things initially; if a new order comes in,
I'll accept it. I also don't have to post the products because of the dropship concept. The
stockist or agent who posted on my behalf to the customer. Before this, I strongly believe
that business seems to be something easy, but I was mistaken and very mistaken because
to have a customer was challenging. When I went through that, I learned how tough it is for
me to do business.For example, because I don't have many contacts, when I advertise
goods on my WhatsApp status, only few people view and open the status. As a result, it's
very tough to find customers. I was entirely incorrect the entire time; I simply imagined that
through promoting, I would be able to attract customers, but this proved to be really difficult.
High expectations that do not match reality result in disappointment.
Instagram
Catalog Telegram Phone Cases
Telegram