Benefits Disadvantages Is dropshipping for you?
Choosing Your Niche 50 “Is this niche just the result of a passing fad?”
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3. Choosing Your Niche
50 “Is this niche just the result of a passing fad?” Every year, there are several handfuls of trends that come and go in a matter of months (sometimes weeks). Businesses pop up left and right to capitalize on these trends, but when the trends die, so do the businesses. At the same time, a new trend could become the next big niche. Lately, niche products like drones, fidget spinners, and virtual reality gear have become hugely popular in a matter of months, and the dropshippers in these niches have scored big. However, there’s always a risk involved with going with the coolest new niche, so it is usually safer to choose a niche that’s been around for a while. Image source If you find a niche that’s relatively new, it might not be a good idea to pursue it, but you have to evaluate this on a case-by-case basis. As a rule of thumb, you should give preference to niches with established (or at least devoted) communities. 3. Choosing Your Niche 51 “Am I too passionate about this niche?” I know this seems like a weird question because usually passion is a good thing. But in this case, too much passion can actually be detrimental to your dropshipping career. Let’s say you have a lifelong love of lava lamps. That passion is great, but it won’t necessarily translate into sales. You can’t build a dropshipping career on lava lamps because they’re very niche and not big sellers. You can have all the passion in the world for lava lamps, but you can’t magically turn them into a sustainable career. Image source 3. Choosing Your Niche 52 In addition, passion can often blind you to the harsh truths that come with operating a business. Maybe certain niche products aren’t selling well but you want to keep it around anyway because you like it and believe it will do well. So while it seems like having lots of passion is good, it’s usually ideal to have a fair amount of detachment from the niche products you choose. That’s not to say you can’t pick your favorite niche for dropshipping. If you’re able to objectively evaluate your niche and if it looks like a good choice, go for it. Getting an outside view helps a lot with this decision. Download 5.88 Mb. Do'stlaringiz bilan baham: |
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