In order to sell expensive products
Posted: Sun Apr 20, 2025 5:23 am
Price is the first criterion to establish whether a niche can be profitable or not, but you have to be careful.
Selling an expensive product is not enough to be successful. Sure, it might seem tempting to sell luxury items. But it can also be a double-edged sword.
you need to make sure that they are not only of excellent quality, but also that you are able to promote these products to the right target market.
In fact, the second criterion to consider is the reference market itself .
The target audience of a good market niche are individuals and families who do not require a particular interaction – refunds, returns, etc. – and who are accustomed to making purchases online.
This is a particularly important criterion to take into account when choosing your market niche.
Most people are loyal to several brands: often technology thailand email list brands, but also other categories, such as fashion.
For example, if you own an iPhone, there’s a good chance that when you need to change your phone, you’ll be back to an Apple product.
That's why, when choosing your market niche, you should look for a niche in which customers don't pay much attention to the brand they buy, but rather to the functionality of the product they need.
Sure, over time one of your goals should be to retain your customers and keep them buying your products, but in the beginning you want to avoid going up against the giants in the industry.
Selling an expensive product is not enough to be successful. Sure, it might seem tempting to sell luxury items. But it can also be a double-edged sword.
you need to make sure that they are not only of excellent quality, but also that you are able to promote these products to the right target market.
In fact, the second criterion to consider is the reference market itself .
The target audience of a good market niche are individuals and families who do not require a particular interaction – refunds, returns, etc. – and who are accustomed to making purchases online.
This is a particularly important criterion to take into account when choosing your market niche.
Most people are loyal to several brands: often technology thailand email list brands, but also other categories, such as fashion.
For example, if you own an iPhone, there’s a good chance that when you need to change your phone, you’ll be back to an Apple product.
That's why, when choosing your market niche, you should look for a niche in which customers don't pay much attention to the brand they buy, but rather to the functionality of the product they need.
Sure, over time one of your goals should be to retain your customers and keep them buying your products, but in the beginning you want to avoid going up against the giants in the industry.