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Online store.. Need a good niche!!

by Collarking
8 replies
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Hello warrior friends,
Ok, so I'm a newbie... I want to do a online store... Just can't seem to find a niche.. I'm to the point that I'm fixing to just beat my head on a concrete floor... Really would like to do dropshipping I have looked at all the DS companies and they charge a ridiculous monthly service fee... And their "wholesale" pricing is outrageous!!! I need profits!! So whats a guy to do? Sell dope? Jk!! But I need some thing that's gunna work!! I really would appreciate anyones input... I'm all ears!! Thanks so much!! Adam
#good #niche #online #store
  • Profile picture of the author violet0176
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    • Profile picture of the author crediblezephyre
      So I'm a newbie as well (just look at my post count and you'll see) but I've done a fair amount of reading and I'll share my opinion of what i've learned.

      Basically, forget drop shipping directories etc. Come up with a niche, contact the manufacturers directly and find ones that will dropship for you. You'll see some people on this forum strongly advocate for it. It's a lot more effort but apparently it's also the best way to make a profit.

      I'd share some of the threads I've read but being a newbie and all I don't think I'm allowed to post links. I hope this helped and good luck.
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      • Profile picture of the author Collarking
        Originally Posted by crediblezephyre View Post

        So I'm a newbie as well (just look at my post count and you'll see) but I've done a fair amount of reading and I'll share my opinion of what i've learned.

        Basically, forget drop shipping directories etc. Come up with a niche, contact the manufacturers directly and find ones that will dropship for you. You'll see some people on this forum strongly advocate for it. It's a lot more effort but apparently it's also the best way to make a profit.

        I'd share some of the threads I've read but being a newbie and all I don't think I'm allowed to post links. I hope this helped and good luck.
        Thank you!!
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  • Profile picture of the author violet0176
    Actually, if you don't have a niche, a Directory is a smart purchase because you can view a broad range of available product ideas and have hundreds of Supplier contacts at your finger tips immediately. It's no different than using the old school telephone book.

    I definitely would avoid expensive middle-men like Doba or WWB, but a dropship directory is an easy way to source suppliers and save time.

    Just my opinion, having been there and made that.
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    • Profile picture of the author Collarking
      Originally Posted by violet0176 View Post

      Actually, if you don't have a niche, a Directory is a smart purchase because you can view a broad range of available product ideas and have hundreds of Supplier contacts at your finger tips immediately. It's no different than using the old school telephone book.

      I definitely would avoid expensive middle-men like Doba or WWB, but a dropship directory is an easy way to source suppliers and save time.

      Just my opinion, having been there and made that.
      Thank you!
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      • Profile picture of the author LeatherDropshipping
        Have you ever considered working directly with a leather manufacturer?
        I noticed your name is Collar king. Perhaps a Mil-Spec K-9 Unit dog collar business?



        Just trying to help you think out of the box!!

        /End Plug

        Leather Drop Shipping
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  • Profile picture of the author Importexport
    Originally Posted by Collarking View Post

    Hello warrior friends,
    Ok, so I'm a newbie... I want to do a online store... Just can't seem to find a niche.. I'm to the point that I'm fixing to just beat my head on a concrete floor... Really would like to do dropshipping I have looked at all the DS companies and they charge a ridiculous monthly service fee... And their "wholesale" pricing is outrageous!!! I need profits!! So whats a guy to do? Sell dope? Jk!! But I need some thing that's gunna work!! I really would appreciate anyones input... I'm all ears!! Thanks so much!! Adam
    You said: "I need profits!! So whats a guy to do?" My answer is to think outside the square and consider small scale direct importing of inventory. The profit margins compared to dropshipping will blow you away.

    I have taught hundreds how to safely source at genuine ex-factory prices, and many have started with very small funds. Here is a copy of a post on the forum by one of them: "He writes about how and why to contact the manufacturers directly, no dropshipping. I have contacted some manufacturers already (from links he supplies) and I am just shocked at the low prices they offer for products I am researching. Forget Alibaba, Global Resource, whatever."

    "If you think education is expensive - consider the cost of ignorance"
    Signature
    Use emotions and perceptions to build a great brand. Ask me about my book LabelsThatExploit. For safe sourcing and easy importing from 41 countries globally, see https://provenglobalsourcing.com
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  • Profile picture of the author NeedBucksNow
    Might be able to make something like this one ThisIsWhyImBroke.com :: The Internet's Mall Think it is just random cool stuff but he has some awesome products and I can see why they get so much traffic and shares with this
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    HOW TO QUIT YOUR BORING JOB AND START MAKING MORE CASH MARKETING FROM YOUR HOME!
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  • Profile picture of the author ecommercemaster
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    • Profile picture of the author Importexport
      Originally Posted by ecommercemaster View Post

      Research the market using google trends, find out what products are in demand. Contact manufactures directly, negotiate the price. Simultaneously make sure to work your ecommerce site as SEO, SEM and other marketing stuff takes a lot of time. Find the perfect ecommerce platform for your products. I personally recommend SellBeing. Run myself an ecom. site on this platform. Put as much as possible in SEO and other free marketing channels and profit will not make your wait long.
      Good luck!
      You say: "Contact manufactures directly, negotiate the price." Local manufacturers usually, but not always, have distribution networks in place. As a general rule, margins will be quite low.

      For margins that will make your eyes pop, try buying direct from overseas manufacturers. On an investment of less than $300 one of my book users recently reported getting a margin of 300%. Others have posted on the forum about even higher margins. You would be very unlikely to achieve that if buying locally.

      "If you think education is expensive - consider the cost of ignorance"
      Signature
      Use emotions and perceptions to build a great brand. Ask me about my book LabelsThatExploit. For safe sourcing and easy importing from 41 countries globally, see https://provenglobalsourcing.com
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