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This is defiantly an area I'm interested in. However, I find that the barrier for entry is pretty challenging. IE, finding the right product. The other aspects
by ericcholis 10y ago
This is defiantly an area I'm interested in. However, I find that the barrier for entry is pretty challenging. IE, finding the right product. The other aspects are well within my skill set.
- adpoe 10y agoDo you have any longtime hobbies? I've played guitar my whole life, so I sell guitar parts. It's easiest if you can leverage knowledge you already have. I also tried stores selling items I knew very little about, and it was much harder. =) There are many tools for finding what's selling though. The best ones are paid, like Terapeak (http://www.terapeak.com/ http://www.terapeak.com/), but you can also search eBay completed listings and get a sense for what's selling. Finding the right product(s) is definitely the hardest part, though -- you're absolutely correct. Not only is it hard to find products, you also have to find products with margins that enable you to make money. For some of my sales, I only make about $1-2 dollars. Which is something I need to improve, for my own business.
- ericcholis 10y agohttps://www.junglescout.com/ https://www.junglescout.com/ is a good example for Amazon too. But, I think you nailed it, enthusiasm for a niche is key