e-Comm Freedom: E-Commerce

E-Commerce

Accessories

Benefits :

# Usually light weighted (low shipping cost)

# Fewer competitors

# Build a long product line

Filter List

3 Tab Strategy :

Step 1: In Google.com type in your chosen niche & add “supplies, gears, parts, accessories or aids” at the end

Step 2: Based on search results, find a non-franchise web store. (Franchise: Target, Best Buy, Home Depot, Barnes & Noble, Walmart )

Step 3: Look for product categories in the web store, determine to have the potential to build a product line. (More than 5 categories is good)

Step 4: Run the Absolute Niche Test on the product categories in Step 3.

Step 5: In Amazon.com, search the product category found on the website, run the 20 sellers rule.

Step 6: In Alibaba.com, set the MOQ to 30 for the product found previously

Step 7: Compare with the target selling price in Amazon & Alibaba. If the Alibaba price is at most 50% of Amazon's selling price, launch it.

** Step 4 Absolute Niche Test **

✔ Small in size & light weighted ✔ Low seasonality

✔ Doesn’t have an expiration date ✔ Simple & Durable

✔ Can only be found in the specialty store ✔ Good Margin

✔ Potential to build a product line ✔ No legal issues

✔ Non-fragile ✔ Customer Driver Innovation

✔ Does not depreciate over time