Wednesday Feb 28, 2024
How To Choose a Profitable Niche with Trevor of eCommerce Paradise
Join Trevor in an enlightening episode from eCommerce Paradise as he imparts insider advice on how to choose a profitable eCommerce niche. Learn how to make the right decision amongst many ideas and a variety of niches. For beginners, you can also check out the free niches list at eCommerceParadise.com/niches and avail of the free mini-course.
Discover the importance of selecting a niche that doesn't just catch your interest, but is also validated with numerous competitors already selling products in it. Learn about gauging the profitability of a niche through its keyword volume, supplier count, and best-selling products.
Trevor also pinpoints valuable insights for experienced eCommerce sellers on selecting niches and how outsourcing can create more opportunities. Gain knowledge on how to keep sales up by maintaining interest in the products you sell.
Moreover, Trevor shares some notable suggestions about risk management in different niches. He explains that delicate or complex products may pose more potential for chargebacks or disputes, and talks about how to handle such situations.
Lastly, explore the idea of bundle listings and package sales to improve margins, especially for suppliers with low margins yet best-selling products. Accept the reality of competitive pricing, cutthroat competition, and the need to provide extra value and an in-depth social proof to close sales.
Don't miss this episode full of crucial tips and strategies to make the most from your eCommerce venture. And if you want to know more about high ticket dropshipping, sign up for the eCommerce Paradise masterclass at ecommerceparadise.com/masterclass.