I've got a product niche which I've been involved in for a number of years. My success in this area however, has been more of a follower rather than a leader.
Generally I've used eBay sales history from competitors to select products and then jumped on the same bandwagon.
The time has come to move out of the shadows and lead rather than follow. The question is where do I start?
I have a competitor who sells same things via a UK website. They had £8m sales last year and have £600,000 worth of stock according to their accounts.
How do I choose which products to sell myself?
How do I negate the risk of buying products in my niche that don't sell?
I could start off slow and buy a few here and there but I want to grow my business by at least 10 times.
If my competitor is doing it then I can do it.
Buying 5 pcs here and there isn't going to cut it.
I want to become the place to go for these type of products. I can utilise the drop shipping route but I'm not a great fan of the lack of control and low margins.
Generally I've used eBay sales history from competitors to select products and then jumped on the same bandwagon.
The time has come to move out of the shadows and lead rather than follow. The question is where do I start?
I have a competitor who sells same things via a UK website. They had £8m sales last year and have £600,000 worth of stock according to their accounts.
How do I choose which products to sell myself?
How do I negate the risk of buying products in my niche that don't sell?
I could start off slow and buy a few here and there but I want to grow my business by at least 10 times.
If my competitor is doing it then I can do it.
Buying 5 pcs here and there isn't going to cut it.
I want to become the place to go for these type of products. I can utilise the drop shipping route but I'm not a great fan of the lack of control and low margins.
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