Looking to get into High Ticket eCommerce?
If so, it's extremely important to select the right niche.
Here are 5 tips on niche selection that will help you select a highly profitable niche in 2023.
// thread // π§΅
If so, it's extremely important to select the right niche.
Here are 5 tips on niche selection that will help you select a highly profitable niche in 2023.
// thread // π§΅
1οΈβ£Tip #1:
Don't mix passion & profit.
Sometimes what you are passionate about WILL be profitable.
However, picking a niche that you have a passion for may cause you to be wilfully blind about its deficiencies.
IMO - its best to pick a niche that you can look at objectively.
Don't mix passion & profit.
Sometimes what you are passionate about WILL be profitable.
However, picking a niche that you have a passion for may cause you to be wilfully blind about its deficiencies.
IMO - its best to pick a niche that you can look at objectively.
2οΈβ£ Tip #2:
Look for niches with high profit margins.
Some examples include
π Fire pits
π Fireplaces
π Workout equipment
π Massage chairs
π Solar
Look for niches with high profit margins.
Some examples include
π Fire pits
π Fireplaces
π Workout equipment
π Massage chairs
π Solar
3οΈβ£ Tip #3:
Conduct proper market research.
Look for niches that are not over-saturated with 50+ stores.
Look for something that is increasing in demand over time and relatively "new", or something very unique that not many people would consider selling.
[ctd....]
Conduct proper market research.
Look for niches that are not over-saturated with 50+ stores.
Look for something that is increasing in demand over time and relatively "new", or something very unique that not many people would consider selling.
[ctd....]
You want to find a niche that has a healthy balance of demand and supply. Too much competition can make it difficult for you to stand out and make sales.
4οΈβ£ Tip #4:
Consider the target market.
Look for niches with a passionate and loyal following.
This will make it easier for you to build a strong brand and create a community around your store.
Some examples include:
π Hunting
π Golf
π Solar
π Fitness
Consider the target market.
Look for niches with a passionate and loyal following.
This will make it easier for you to build a strong brand and create a community around your store.
Some examples include:
π Hunting
π Golf
π Solar
π Fitness
5οΈβ£ Tip #5:
Choose a niche that has potential for repeat customers.
Look for a niche that has a high numbe rof complimentary products, as this will encourage customers to return and make additional purchases if you give them a good experience.
Choose a niche that has potential for repeat customers.
Look for a niche that has a high numbe rof complimentary products, as this will encourage customers to return and make additional purchases if you give them a good experience.
Remember, selecting the right niche for your high ticket e-commerce store is key to your success.
Take your time, do your research, and choose a niche that you are passionate about and has potential for profitability.
Take your time, do your research, and choose a niche that you are passionate about and has potential for profitability.
If you took any value from this thread β¬οΈβ¬οΈβ¬οΈ
1. Like and retweet to share with your audience
2. Follow me @ecomwithbrook for more High Ticket eCom content.
1. Like and retweet to share with your audience
2. Follow me @ecomwithbrook for more High Ticket eCom content.
π§ Apply for Coaching: highticketecommerce.co
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πΉ Youtube Content: youtube.com
π· Business IG: instagram.com
π― FREE eCom Course invicta.mykajabi.com
πΉ Youtube Content: youtube.com
π· Business IG: instagram.com
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