I NEED ADVICE ASAP
So I have decided to sell pixi beauty products in Pakistan. But I am a bit confused about the pricing cause I am taking a loss selling at it at such a low price. One of the main reasons I am doing that is to build an audience at first and then increase the price at which I will become profitable. And before other haters say that my products are fake no they aren't. I have found a wholesaler that provides these products for my store and for other stores as well. Second option that I am considering is to increase the price however I am concerned that I won't be able gather enough customers. What do you guys think?
I would prefer if females give their insights as well since my target audience are you guys : ]
Also should when do you guys think I should register my business here cause Firstly I know for a fact as soon as my business starts generating more than 10 lakhs per month I will get taxed heavily. Are there any other options available?