08 Mar 2008 12:28:06 | Carol Cook
When most of us think of racking up massive sales, we imagine a
product or service that EVERYONE will want. The person who comes
up with the next paperclip or comb will strike it rich, right?
Mass appeal products do garner massive sales, BUT getting your
product on the radar screen of millions of consumers is an
extremely difficult and expensive task. Even large corporations
who spend millions often miss the mark and their product winds
up remaindered on the shelves of discount dollar stores.
A much better way to turn your ideas into profits is to market
to niches. A niche is a tightly defined group of consumers who
are deeply interested in a specialized line of products or
services.
Not everyone is interested in fine clocks, but thousands of
people ARE and will pay good prices for them. A web site that
becomes known as a center for fine Austrian grandfather clocks
might easily outpace a site selling $10 watches. Put simply, it
is better to sell to a few people who REALLY want your product
than a lot of people who don't care much about what you sell.
This is particularly true on the Internet. Sites like Amazon.com
and E-Bay are jockeying for the 20% anchor store position.
Meanwhile, niche audiences account for a whopping 80% of online
consumers and commerce.
You can turn niche sales into big sales by catering to lots of
good niche audiences. At AllenBeys we offer a very large
collection of carefully niched pages offering 16,000 items from
15 countries.
These aren't the kinds of products you would likely find at
Walmart or Kmart. People flock to our online store to discover
the stunning, the unusual, the hard to find, and the
one-of-a-kind.
History buffs revel in our replicas of blunderbusses, suits of
armor, Samurai swords, and Sherlock Holmes Chess Sets. Think
about it a moment. Where else can you find a realistic
blunderbuss if that's what you really want? - (and you might be
surprised at the thousands of people who take great delight in
historical objects like these).
Start creating your niche empire. Find an audience that deeply
craves a hard-to-find item. Then add to your success by
uncovering more niche groups whose loyalty and sales you can
quickly attract by satisfying their specialized needs.
About Author :
Carol Cook is one of the founders of Allenbeys.com, the site
that searches the world for unique, hard to find products in
unusual categories. There's no ho-hum shopping here! See their
16,000 items at http://www.allenbeys.com Reach Carol at
allenbeys@allenbeys.com.