Product Sourcing Strategies For The New Year: 5 Ways To Boost Your E-Biz
Theres no better time than the New Year to re-evaluate your product sourcing strategy. You cant look at your product sourcing in 2007 the same way that you did in 2006. Consumer trends cycle and changeyou need to understand what buyers want NOW. According to seasoned trend-spotter Lisa Suttora, of http://WhatDoISell.com, there are five specific strategies you should be incorporating to see your E-Biz succeed in the coming year:
Niche Down
The first strategy is to source vertically, or focus in on your niche. Explains Suttora, Online shoppers want depth of inventory and a selection they cant find down the street or at Wal-Mart. Last year, the small online sellers who concentrated on their specialty and became the go-to place for their specific sub-niche, far out-sold the larger, more generic online stores.
Rather than carry a few selections of many various types of lamps, try drilling down and getting specific with your offerings, such as kerosene lamps for power outages or natural lighting lamps for home offices. This allows you to leverage your inventory capital and marketing...
To view and download this full PLR article, you must be logged in. Registration is completely free. Once you create your account, you will be able to browse, search & downlod from our PLR articles database of over "1,57,897+" on 1,000's of niches and 200+ categories without paying a penny. Click here to signup...
