Consumer vs Business Niches...Preference??
I'm currently in the research phase for my eCommerce stores (dropshipping model) and have nailed down some good niches. Yet to contact manufacturers/wholesalers yet as still finalizing research..
Anyway to the point: what I've found is that most of those good niches I've got nailed down are in the business market rather than consumer market.
In Plain English instead of selling an ipod (which is typically for a consumer) I'm selling a product predominantly bought by business owners (can't think of example now actually lol :p).
Anyway this got me thinking: I was wondering if some experienced eCommerce store owners out there could comment that maybe have a few stores.
1) If they've found any striking differences between business and consumer markets respectively?
2) Anything to watch out for?
3) Just any general comments like whether you've found these markets harder to break into etc?
4) Does your portfolio of eCommerce stores consist mainly of business (typically) or consumer (typically) products?
I mean I don't need to hear the obvious stuff like business owners have money (I know that) and tend to make quick buying decisions. More so anything I might be overlooking.
I look forward to your responses!
Thanks!
Billy
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