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Drop Service 1

The document outlines the basic requirements, investment areas, revenue model, key steps to start, and tips for success in establishing a drop servicing business. It emphasizes the importance of client handling, project management tools, and building a network of freelancers, along with a detailed investment breakdown and estimated total costs. Successful strategies include focusing on niche services, automating tasks, and maintaining quality control while scaling the business.

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roshidjamil16
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6 views3 pages

Drop Service 1

The document outlines the basic requirements, investment areas, revenue model, key steps to start, and tips for success in establishing a drop servicing business. It emphasizes the importance of client handling, project management tools, and building a network of freelancers, along with a detailed investment breakdown and estimated total costs. Successful strategies include focusing on niche services, automating tasks, and maintaining quality control while scaling the business.

Uploaded by

roshidjamil16
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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1.

Basic Requirements

a. Skills

●​ Client Handling: Strong communication and negotiation skills.


●​ Project Management: Tools like Trello, Asana, or ClickUp.
●​ Niche Knowledge: Understand the services you’re offering (e.g., graphic design,
content writing, SEO, etc.).

b. Platform for Clients

●​ Website: A professional landing page showcasing services.


●​ Social Media: Active profiles on LinkedIn, Facebook, Instagram.
●​ Freelance Platforms: Create agency accounts on Fiverr, Upwork, or
Freelancer.com.

c. Network of Freelancers

●​ Build a network of reliable, skilled, and affordable freelancers (from platforms like
Fiverr, Upwork, or local groups like Pakistan Freelancers).

d. Legal Setup

●​ Basic registration as a Sole Proprietorship for credibility.


●​ Open a business bank account for transactions.

2. Investment Areas

a. Platform and Branding

1.​ Website and Hosting:


○​ Domain + hosting: PKR 5,000–15,000/year.
○​ Website design (DIY or freelancer): PKR 10,000–25,000.
2.​ Logo and Branding:
○​ Logo: PKR 3,000–7,000.
○​ Social media kits: PKR 5,000–10,000.

b. Marketing

1.​ Social Media Ads:


○​ Start with PKR 10,000–20,000/month to attract clients.
2.​ SEO and Content:
○​ Blog posts, landing page optimization: PKR 5,000–15,000.
3.​ Cold Outreach:
○​ Use tools like Hunter.io, Apollo.io for email outreach (PKR
2,000–5,000/month).
c. Tools and Software

1.​ Client Communication: Google Workspace (PKR 1,000–2,000/month).


2.​ Project Management: Free options like Trello or low-cost Asana plans.
3.​ Design and Content Tools: Canva Pro (PKR 2,000/month), Grammarly (PKR
1,500/month).

d. Freelancers’ Cost

●​ Negotiate affordable rates with freelancers:


○​ Local freelancers: PKR 1,500–3,000 per task.
○​ International freelancers: $5–$10 per task (e.g., on Fiverr).

e. Miscellaneous

●​ Contingency and operational costs: PKR 5,000–10,000.

3. Revenue Model

●​ Find Clients: Charge clients premium rates for services.


●​ Outsource Tasks: Pay freelancers at lower rates.
●​ Profit Margin: Keep the difference as profit.

Example:

●​ Client: $200 for website design.


●​ Freelancer: $80–100 for completing the task.
●​ Profit: $100–120.

4. Key Steps to Start

a. Define Your Services

●​ Choose high-demand services with good profit margins:


○​ Graphic design
○​ Website development
○​ Social media management
○​ SEO
○​ Content writing

b. Build a Portfolio

●​ Use sample work (done by freelancers or templates) to showcase on your website.

c. Set Pricing
●​ Premium Pricing for Clients: Market as a professional agency.
●​ Affordable Freelancers: Hire reliable talent at competitive rates.

d. Find Clients

1.​ Local Market: Offer services to small businesses in Pakistan.


2.​ International Market: Use freelance platforms or LinkedIn for outreach.
3.​ Cold Outreach: Send emails or DMs to potential clients.

e. Deliver Projects

●​ Manage freelancers, review their work, and deliver high-quality results to clients.

5. Investment Breakdown

Category Approx % Spending

Website & Branding 30% PKR 15,000–35,000

Marketing (Ads) 30% PKR 10,000–20,000

Freelancer Costs 25% PKR 10,000–30,000 (as


needed)

Tools & Subscriptions 10% PKR 5,000–10,000

Miscellaneous 5% PKR 5,000–10,000

6. Estimated Total Investment

●​ PKR 40,000–80,000 for a basic drop servicing setup.

7. Tips for Success

1.​ Niche Down: Focus on 1–2 niches initially (e.g., graphic design + content writing).
2.​ Automation: Use tools to automate repetitive tasks like email outreach and invoices.
3.​ Quality Control: Always review the freelancer’s work before delivering to clients.
4.​ Scaling:
○​ Use profits to expand services or increase ad spending.
○​ Hire virtual assistants for project management as you grow.

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