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See Product Hair LIKE THIS? PLEASE SHARE IT “I have been doing Amazon selling for clients for over 5 years now. This is what I have learned. Do not sell a commodity item. Too competitive and Amazon will just eventually sell it direct when it sees how popular it is. Sell something customizable and unique. Amazon is now making it easier to customize items for sellers. Jewelry is one area where the margins are still good and very little competition on specific items.”
Selling to consumers for $15-200 – I am sure there is plenty of money to be made in products over this range, but it is going to take a lot of capital to get started. You can certainly try, just know it’s just going to be riskier. Most items under $15 are even tougher, as most markets don’t have enough volume to create any sizable revenue. Furthermore, any markets that do have volume under $15 are typically going to be run by big importers who can work on low margins.
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The good thing about buying and selling video games is that there is a market for everything, even old Amstrad and Amiga games from back in the 80’s and 90’s.
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Cyclists, both competitive and every day bikers who ride to and from work. I have a google sheet that I update every week with my competitors, including links to their websites and online marketing material. Whenever I notice a new one, I add them to the list. Over time, if you do this too, you’ll develop a strong sense of how competitive your market is.
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