Benefits Disadvantages Is dropshipping for you?
QUESTION 2: How popular is the niche?
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- QUESTION 4: Can I actually add value to this niche
QUESTION 2:
How popular is the niche? Next, it’s time to examine the popularity of each niche . Your answers here won’t necessarily eliminate any niches from your list. Instead, this step is meant to give you a sense of what you’re dealing with. The problem with this question is that niche products fluctuate in popularity from time to time, so there are no hard-and-fast answers to this. It’s a question you have to answer for yourself. Conducting research on each niche is the best way to accurately analyze its current and future popularity. But for the sake of argument, I’ll say that custom T-shirts and fidget spinners are very popular while travel products are moderately popular. Again, these terms are subjective, and I’m using them just for this example. In actual practice, you’ll want to have more specific data to compare. That means you have the biggest chance selling travel-related niche products, but it also doesn’t eliminate the other two entirely. It’s simply a warning sign that those niches (custom T-shirts and fidget spinners) may be too big to break into. Nothing is impossible; some niches are just easier than others for dropshipping. 3. Choosing Your Niche 62 QUESTION 3: Is this niche just the result of a passing fad? This is an easy one. For fidget spinners, you can quickly answer ‘yes’, so that one has to go. Those niche products are definitely part of a fad that won’t carry on into the future. On the other hand, custom T-shirts and travel products are not fads, so they can stay. QUESTION 4: Can I actually add value to this niche? This question will often decide whether you eliminate a niche or not. You have to put away your dreams of making it big and be brutally honest with yourself. Take any niche you’re seriously considering and ask yourself if you can add tons of value with a new online store. Will you be able to fill a need that other merchants aren’t filling? Will you be able to offer something new or different to prospective customers? Will you present or offer niche products that your competitors don’t sell? 3. Choosing Your Niche 63 This is a difficult question to answer, but in this example, the two niches left (custom T-shirts and travel products) are quite different in terms of market saturation. There’s no question that there are far more custom T-shirt stores than there are travel products stores. It’s also difficult to add value to a niche when it’s so saturated, and you might find that’s the case with custom T-shirts. You can get any kind of custom T-shirt you can imagine, so you can’t really offer anything unique. However, it’s possible that with excellent design options, you could very well offer something your competitors can’t. Image source 3. Choosing Your Niche 64 This question might take you a while to answer, and that’s par for the course. You’ll also need to think critically and honestly about your ability to add value in niches that are more saturated. Overall, in this example, travel products would be the best choice. Download 5.88 Mb. Do'stlaringiz bilan baham: |
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