18 March, 2023

Tips for Selling Feng Shui Products Online

In recent years, feng shui items have become a spiritual object or an essential decoration in almost every home. As a result, the online feng shui market is livelier than ever. If you want to sell these items, read on for tips on selling feng shui items online of Mona Media below.

What are feng shui items?

When people talk about feng shui, they mean trying to keep their home balanced, with positive “Chi”. Feng shui is an ancient art and science developed more than 3,000 years ago in China. The literal translation of ‘feng’ is wind and ‘shui’ is water. In Chinese culture, wind and water are both linked to good health. So feng shui means good luck. Based on the Taoist view of nature, the idea is that the land is alive and full of energy, called Chi. Chi is more commonly understood as yin and yang, opposing but complementary forces that cannot be separated and that bring balance.

The main tools used in feng shui are the compass and the bagua. The bagua, or energy map, is an octagonal grid holding the symbols of the I Ching, the ancient oracle that feng shui is based on. The compass is used to determine a building's position and direction. It consists of concentric rings arranged around a magnetic needle.

The key thing to know is that there are many different schools of feng shui. Once you master the basics, you will start to see strong results and understand why feng shui is used in homes and offices around the world.

The meaning of feng shui items

sell feng shui items online

Feng shui is traditionally used to ensure good health, bring luck and prosperity, and improve relationships. For example, office feng shui is used to try to boost your career and wealth, while home feng shui aims to bring health to the homeowner.

Feng shui can be used in every area of the home and for different purposes. For example, feng shui in the living room matters because it is traditionally where friends and family gather. It may also be the first main space you enter in the house, so setting the right tone and energy for the rest of the home is important. Another easy way to bring feng shui into your home if you are just starting is to add plants with feng shui meaning.

Market trends for feng shui items

In fact, the feng shui market is very diverse and rich, so there are plenty of options for you to browse.

Most Vietnamese people hold to the belief “worship brings power”. Buying feng shui decorations not only beautifies the living space but also carries spiritual belief for many people, especially after a year full of turmoil and uncertainty from the Covid-19 pandemic. To enjoy a peaceful, smooth and lucky new year, many families, company offices and others want to buy feng shui items to place their faith in. Items like feng shui plants, laughing Buddha statues, pixiu, horse statues, Phuc Loc Tho statues and more have been very popular since the start of the year.

Some people also choose feng shui items by their birth year and the five elements. The idea is to avoid anything that clashes with oneself so everything goes smoothly and in harmony. For example, feng shui products for office workers and business people should bring luck, wealth and reputation to the owner. Jewelry made from feng shui stones and carved with mascots such as foxes, pixiu or attractive plants, as well as feng shui fish that can be kept in the office, are popular with office workers.

Besides that, one of the feng shui items taking the market by storm is feng shui stone. Feng shui stones have been so popular in recent years because they come in many shapes, colors and materials. Makers have also come up with many uses for them, such as jewelry (bracelets, necklaces and more) and small home decorations.

What do you need to sell feng shui items online?

what do you need to sell feng shui items online?

The feng shui market is a fertile ground for growing your business. However, it is a niche field that requires specialist knowledge. On top of that, if you do business in this field, you also need to prepare the following:

Product sourcing

Before you start, the simplest thing is to decide what product you will sell. As we said, the range of feng shui items are rich and varied, for example: feng shui plants, statues, stones, vases and more. What you need to do is decide exactly which product you want to bring to market.

You can source feng shui products domestically or consider importing from abroad. As demand for feng shui items is growing, wholesale supply across the country is also rich and varied. So it is easier to find high-quality, fairly priced suppliers, and delivery costs less too.

Just searching on Facebook or Google gives you plenty of information about suppliers. But it needs careful checking, because fakes are very sophisticated and look very much like the real thing. If you lack experience, get help from people with knowledge and skills in feng shui when you start.

Capital

Product lines in feng shui items usually have very different costs depending on the current market. Prices often range from a few hundred thousand to tens of millions of VND per item, depending on the type of feng shui item, how it is made and how it is finished.

In other words, you are buying ready-made, mass-produced items, and the cost can be much higher if you want a custom-designed piece. When you are just starting out, we advise you to maximize profit by buying ready-made items to resell rather than taking custom orders.

Wholesale prices and pricing policies vary by supplier. However, typical goods on the market today cost at least 100,000 thousand. Wholesale costs for jewelry, rings, necklaces and bracelets made of agarwood and gemstones range from 100 to 300 thousand VND each. Wholesale prices for feng shui plants run from just 40 to 300 thousand VND per pot.

A marketing strategy

In business, marketing tactics are the key to helping your company or shop reach a large number of customers. In turn, this helps you earn big profits without spending much time.

To introduce your products to more buyers, write SEO articles, run Google Ads, Google Adsense, Facebook Ads, Remarketingand more. You should also consider investing in sales management software online. Feng shui sales management software will be essential if you want to expand over the long term. After that, just track your business results to see whether it is working and choose your next step.

Today there are many providers of digital marketing services for small traders. If you are not good at this area, you can use their services. Or, more simply, you can run ads on social networks, the most typical being Facebook. Facebook has already set up every step, and you just follow the instructions.

Sales channels for feng shui items

What do you need to sell feng shui items online?

The business model is also something you need to understand before stocking up. There are two main models in use today: selling offline or sell online.

With offline selling, you invest heavily in premises, staff and store interiors. With online selling, you cut staff and premises costs, as well as the time spent finding and registering for trade fair booths. Today, online business spans many channels such as Facebook, Instagram, TikTok and, above all, a website.

If you have your own website for your shop, customers will feel more comfortable and find it more convenient. They will not waste time waiting for you to quote each item, or wonder which is the newest in your collections. With a website, you can manage your shop and monthly revenue with confidence thanks to the built-in business management tools. You can also easily compile business data from your shop to plan your next steps. A website also helps your shop brand positioning and easily grow the brand reach new visitors.

Feng shui items are very popular in society today. They not only make our living spaces more beautiful but also carry deep spiritual meaning. In this article we have shared knowledge and experience on selling feng shui items online. Mona Media We hope this article helps you succeed in this business niche!

You can browse feng shui website templates that look great and attract customers HERE

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CEO & Founder · The MONA

The founder of The MONA built a service company of 60+ staff with 14,000+ projects delivered. Khánh Hùng shares his thinking on building self-running systems, automating a business, and the real lessons behind MONA's projects.

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