If youre like most new online sellers, the problem with selecting the right product line-up for your web site isnt a lack of choices. The problem is you have so many choices you dont know how to start narrowing them down. The key, according to Vinnie Busnelli, General Manager for http://USellCorp.com, is to base your product decisions on facts, not emotions.
Its Not Personal Its Business
New sellers often pick products based on immaterial factors, rather than studying the indicators that tell them whether they can make money with an item. Explains Busnelli, Your Internet business is a real business. If you want to make real money, you have to select your merchandise based on what the market is telling you, not on your personal preferences. Over the years, hes developed a few rules for determining the right wares:
Dont choose a product just because you personally enjoy it.
Many new e-tailers are more interested in selling products they love, than products that sell well. But you cant afford to limit yourself to only selling products youre passionate about. If theres not enough demand for your product, or if theres an overabundance of supply, you wont...