REQUEST: Social media changes often. My name is Colleen Fahey and my plan is to partner with a company called Elite Marketing to work with their experts to understand all aspects of changes updated to all social media platforms to increase sales in my business. My investment to partner with them is $25,000.
BUSINESS DESCRIPTION: I help business owners use fresh marketing strategies online, through copywriting and through social media to grow their businesses and apply my expertise to my own skincare virtual franchise business. My company DBA is Write Marketing.
MARKET SIZE AND GROWTH
By 2022, online videos will make up more than 82% of all consumer internet traffic and that is 15 times higher than it was in 2017. Utilizing and teaching these specific video skills in marketing helps my business grow as well as teaching others to grow their businesses.
Skincare is currently the bulk of my business using the marketing techniques my Write Marketing business creates. The skincare industry is in-demand. The Global Skincare industry is currently a USD $139 Billion Dollar Market and is expected to reach over $200 Billion USD by 2028.
First, my sales will come from attraction marketing courses and my partnership with the company producing the courses called Elite Marketing. Prices vary, but they start at approximately $27-37 and both the company Elite Marketing and my Write Marketing business both earn income from the courses taken. Here is the basis of information on my website Home (colleenfahey.com)
Secondly, those in the training have the opportunity to also join me in my dermatological skin care business or simply order products. My skincare business is a virtual franchise that has generated business working off a virtual platform. By increasing video and copywriting expertise in the digital marketplace, income will increase based on data from information shared above. For example, a single personal sale for my skincare business averages $50 in income, or approximately 25-35% of an individual sale. I also earn another 5% on my total organizational volume. Bonuses I also earn but vary. This is business done through my virtual platform https://colleenfahey.myrandf.com.
TRACTION
My training website is up and running yet not fully promoted yet. This site will be a new stream of income for me that will also help produce volume for my skincare business. Profit so far in 2021 is less than $100.
My skincare business in 2020 was 657,702 in total volume that is approximately $822,127 in total sales and $40,910.33 in income not including bonus or taxes or PPP.
My skincare business in 2019 was 790,712 in total volume that is approximately $988,390 in sales and $48,538 in income not including bonus or taxes.
TEAM HIGHLIGHTS - My skincare business began in February of 2014. Currently, I have a team of consultant business owners all over the United States, Canada, and Australia with well over 1K preferred customers (repeat orders, not individual orders).