Make Product Niches Easy to Locate

The products that make you the most profit margins, are not always the best products to sell. Those types of products always seem to have more competition. And what’s worse is; the competition is usually charging a way lower price than you can afford to sell the same product.
Popular products like I-pods and cell phones are not very good money makers. Especially if you are selling on ebay. Because everyone and their mother are selling I-pods and cell phones on eBay already. That means more competition and lower prices than you can afford. Stay away from popular or general products that bring lots of profit.

Think outside the box. Think small profit, lots of sales. I would rather sell 100 items a day and make 1 dollar profit on each item; than sell one item and only 20 dollars profit a day. Think small items that people need. Think about the things you use on an everyday basis. Think about products you like, use, or need. Do you really need an I-pod or do you want to sell them because they are popular?

You have to be smart and think 3 steps ahead if you are going to get into sales online. Make things as easy as possible for you at all times. Don’t struggle by doing research on niches that might work. Use your head, stop for a few minutes and think of products you need on an everyday basis. Necessities usually sell better than luxuries online.

Necessity may be different for different people though. For example, a headset and microphone may not be a necessity to most people. But, to a tele-communications expert, it would be a necessity. Think about what products would sell and would have little to no competition. I always say sell accessories for popular items. To this day, that little strategy works great.

Even little things like cool drinking cups sell great. You can make some good money if you sell a lot of them. Today, I want you to sit back and think about all the things you use on a daily basis. I bet if you did some research on those items, you would find the sellers, sell a lot of them. They might not make a lot of money per sale. But, like I said earlier: if they sell one hundred items a day with one dollar profit on each, that’s a one hundred dollar day. When I first started selling online; a hundred dollar day was a great day.

Think about it. The most popular and obvious Niche is not always the best niche. Too many complications arise when you have 3000 other sellers trying to out-do your starting price. You need to find a new ways to get away from that kind of competition. Think about the things you buy most, besides food and clothing. I bet you could open a floodgate of new possibilities if you really think about it. Everyday items sell remarkably great compared to a new television or surround theatre system.

I probably sell everyday items 1000 to 1 compared to big luxury items. People buy what they need. Once you realize that, you can make sales happen with a more positive outcome. Stop selling items just because they have a big profit margin. Start selling items that you know will sell. Give these little insights a try. They have worked great for me through the years.