I have started wholesaling vehicles locally and I want to expand. I have considered a couple of options. I can export trucks and SUVs into the USA from Canada as there is a new opportunity with the Canadian dollar hitting all time lows. I can also expand within Canada and keep selling cars and trucks. I am new in this business, I started less than 6 months ago. I have been cash flow positive so far, however I am not growing at the rate I expected and I'm not sure what's missing. It's a very niche market as far as I know and there's a lot of old players.
You'll want to establish what the lowest hanging fruits in terms of customer acquisition are and maximize their leverage to grow other channels. Where is your traffic coming from? Check keyword volumes for related searche terms and optimize your SEO strategy to retain that traffic. Run ad campaigns targeting competitor searches. Develop a strategic partnership with an existing company.
Answered 8 years ago
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