How to find emerging market niches?

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Here are some tips for finding the perfect niche for your store.

Brainstorming, or searching for ideas
Although it may seem trivial, to find profitable market niches, the first thing to do is to think, to brainstorm.

But that doesn’t mean you should think about your niche market while you’re out shopping, or hanging out with friends – although listening to other people’s opinions is always helpful.

It means sitting at your desk, or on a sofa, or wherever is easiest for you, keyboard (or pen, if like me you prefer old-school methods) in hand and concentrating on finding good ideas.

As with finding products to sell online , finding a niche market is not an activity to be underestimated.

Think of different niches that meet the three criteria we talked cambodia email list about earlier. Look for inspiration in your purchases, your daily activities, your hobbies. Often, selling something you are an expert in can help you communicate more effectively with your customers.

Make a list of all the niches you can think of. Once you are satisfied with your list, go through your ideas again one by one, and check things like:

Who are your competitors ? Are there already strong players selling products or services within this niche?
What is the price of the products?
How much do the products weigh? Heavier products will have a higher shipping cost .
Does it have multiple styles? Be aware of any requests for exchanges and substitutions .
Is this a niche that interests you? Try to do something that you are passionate about: it will help you not to give up at the first difficulties.