Posts Tagged ‘market research’

Building Your Reputation As An eBay Retailer

Wednesday, December 28th, 2011

When an eBay customer recognized that a retailer is a credible one, then they would wish to buy an item from him. Credibility and reputation are vital traits you should have when you want to become successful on eBay. First, you should be sure that your items are of the best quality and at an affordable price.

Always bear in mind, when making your listings that you want to get the most ideal profit, but you should not deter your possible customers with high prices. In making your prices reasonable can increase your chances of making a sale.In addition, it’s also important that you include photos in your description.

Though, eBay allows you to post a free image for your auction, an additional charge is necessary if you add more images. Do not be bothered by these additional charges, posting more photos on your item lists can raise your chances of selling the product. Some of the profitable products to sell on eBay aren’t hard to find, most of them are just buried within a niche.

Although some of the best items on eBay will probably sell most of the time, it’s unrealistic if you set your target profits when selling within these areas. It’s more possible to choose the subcategories and focus all your efforts within that particular niche market, and search for less competitive items but still popular to sell.

It’s good practice to undergo research inside eBay itself to determine how much profit you should expect from a selected item. Popular eBay sellers promote products in profitable niches. They don’t market products that would merely be a liability by becoming an expense on their pocket. Knowing the best items to sell and what items to stay away from is critical in achieving your goal. If you’re attempting to find the best products to sell on eBay, then it is actually possible to use eBay research tools like Worldwide Brands review to automate the process of knowing the most successful products on eBay.

Strategies On How To Become A Successful Affiliate Marketer

Monday, December 26th, 2011

To achieve a successful affiliate internet marketing business, you need to promote services and products that customers need. Therefore, it’s best to conduct a consumer analysis to know the most profitable products you can promote. When you already know the hottest product in a particular niche market, then you should also be sure of the quality of the product you wish to promote. Promoting products that is not only popular but also high standard can build your reputation.

As an affiliate marketer of a specific company, your reputation will be linked to the company whose products you are promoting. So you need to choose your company wisely based on the kind of products they offer. Checking the company’s reputation and knowing if they are viewed favorably is critical before you decide to sign up for that company.

It’s also necessary to track your progress as an affiliate, so you must know if the affiliate company will provide this information for you or you can use tools that are generally accessible on the internet. A good example of this kind solution is Post affiliate Pro review that aids an affiliate marketer in building and managing a referral program.

The best way to achieve success in your affiliate marketing business is to provide your website visitors an outline of the products you have chosen to advertise. It is a good method to inform your visitors the advantages of the products you are promoting, and to show them your support for the items you promote. This can build credibility on your part and may increase your chances of selling your products.

It’s often a good practice to promote high quality products on your website and that doesn’t suggest super popular products. Making an attempt to market popular products on the internet can affect your affiliate status. Being involved with popular products can be quite competitive and you may not be able to earn the profits you’ve expected. So, it’s better to choose a good product that is not so popular but has the capacity to offer you the opportunity to earn a significant quantity of profits.

Sarah Redfield is a senior affiliate
executive of several affiliate marketing programs and also a successful online
entrepreneur. She loves to share her expertise and experience about best affiliate tracking software and legitimate ways to make money from home on her blog. RESOURCE BOX

Finding a Profitable Niche

Friday, July 3rd, 2009

The most influential step in determining the success of your business is Market Research. There are literally thousands of ways to go about doing market research on the internet so i’ll just show you my own quick and simple way. What I’m about to show you will help you know whether or not your market is buying the stuff you want to sell and if there’s enough room (competition wise) for you to make some money in the next few months.

Dont underestimate the importance of market research. If you do and skip on by then you can say goodbye to having any amount of control over your sales and future profits.

I’ve outlined 3 steps you will take to find the niche for your business.

1. Choose a supplier in a niche of your choice 2. Research keywords (www.keyworddiscovery.com/search.html) 3. Research competition (using a search engine)

Find a supplier in your niche

A niche is a narrow topic within a broader category. For example, nail polish is a niche of Health and Beauty, wireless mouses is a niche of Computers, and whole wheat cereal is a niche of food or cereal. Were not trying to become the next Walmart so we need to keep out niche small and focuses. Can you think of any small focused niches?

To find a supplier I use Wholesalecentral.com. On the front page they give you a lot of different categories to choose from so It’s very easy to navigate and find what you’re looking for. Go ahead and choose one you’re interested in and start narrowing down to a small, focuses niche. Once you’ve decided on a niche we’ll start using the the Keyword selector tool.

www.keyworddiscovery.com/search.html

I found a pretty legitimate supplier withing the scrapbooking niche so I decided to type scrapbooking into the keyword tool. We want the total number of searches to be anywhere from 1000-100,000 per month so that’s what I’m looking for.

The number of searches for the term, scrapbooking, is about 16,000 per month which is great, however it has nearly 36 million competing pages which is just way too high to try and rank on the first page quickly. The keyword tool gave a few more suggestions one of which was scrapbooking ideas. It has 1040 searches per month so that just sneaks by the lower limit. Now go ahead and type that term into the Google search engine and see how many competing pages there are. With this search were looking for less than 5 million pages to compete with.

Great! there are only 455,000 competing pages so were are far below our 5 million maximum. Now this is keyword that we should be able to get our website ranked for in the the search engines. The are dollar signs in the sky 🙂

Be sure to remember the parameters: 1000 – 100,000 searches per month and less than 5 million competing pages.

Now its your turn. Find 5-10 niches that fit within those parameters and start contacting the suppliers to discuss drop shipping options. Good Luck!

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