After watching my last video, you should have gotten a pretty good idea of what ecommerce is all about and the different business models. Today, we are going to dive straight into the guts of how to start an online store beginning with the niche research process.
Finding the right products to sell online is one of the most important aspects of starting a profitable online store and is easily the place where most people screw up. Now I’ve been teaching ecommerce for quite a while and I can’t tell you how many people sign up for my class with preconceived notions of what they want to sell.
For some reason, everyone either wants to sell t-shirts, wedding accessories or baby clothing. But you know what? All of these markets are way too competitive. Now that’s not to say that it’s not possible to make money in these large markets. But you’ll find yourself going up against industry giants which will make it difficult for your little shop to stand out.
Today’s video will walk you step by step through how I finding profitable niches to pursue. And if you have any questions at all regarding the mini course, you can always reply to any email and I will read it. My name is Steve and I always welcome your feedback.