Once you have found your market, the next thing you should do is find a product that solves one of the problems that your market is asking to be solved. There are many opportunities to locate this product and that is both a benefit and a problem, thus I have tried to steer you in the right direction by highlighting some of the more popular methods, so let's go shopping.
1) Drop Shipper Directories: You can make use of drop shipping wholesalers. They make things easy for you, as they will ship directly to your customer's door and thus you are released from the tension of investing or storing inventory. There is a large mix of brick and mortar and online wholesalers for you to choose between. Thus you must ensure that you carry out a complete investigation of the wholesaler, for they have the power through great service to make a massive boost to your company but also have the capability to destroy your company, should they fail to meet your customer's expectations..
2) Local businesses: There may be some businesses in your local area that offer great products but haven't tried e-commerce yet. You can assist them with setting up a marketing strategy for selling their products online in exchange for specific ratios of any profits they make using your system.
3) Crafters: Local crafters can be great for you as they offer unique products and can decrease their rates if you do mass purchasing. However be careful how you approach them as often they are so focused on the creation process that you may awaken their marketing zeal and they will start their own online campaign.
4) Garage sales and flea markets: Another place to look for best online products is Garage sales. You need to do a little research in niches that interest you and then you can start scouring sales for good prices, this of course takes time and patience but can bring handsome rewards when you finally find that special item.
5) eBay: Who does not know eBay! It is already broken down into niches, thus you can do your market research and retailing in the same place. All you need is to find the wholesale stock or individual item that your niche desires and supply this to them.
6) Wholesaler Directories: Head to your local library as it will probably have directories of distributors, manufacturers and wholesalers. Directories are easy to use as they are normally organized by specific industry codes (SIC). Of course you may have already met some of these companies when you tested the previous strategies and by using this directory you can effortlessly zero in on the product categories that caught your attention.
7) Trade Shows: Trade shows are a big way to source products. Lots of merchants gather in one place to look for resellers. To find trade shows in a particular industry, make contact with trade associations and industry publications.
8) Importers/Exporters: Companies that import products from overseas can be a great way to source products. You can even source directly from other countries but there are many pitfalls to avoid and this would be best left until you are confident in your specific niche.
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