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What niches are best to build online retail store worth $$ millions?

Discussion in 'General Business' started by tradester, Sep 19, 2010.

  1. #1
    tradester, Sep 19, 2010 IP
  2. ApocalypseXL

    ApocalypseXL Notable Member

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    #2
    Almost every specialty market in the world has potential to generate amazing amounts of money if it is properly marketed . So it doesn't take a huge businesses to become a millionaire , but then again most people are never going to be millionaires .
     
    ApocalypseXL, Sep 19, 2010 IP
  3. emvy548

    emvy548 Well-Known Member

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    #3
    Well any niche which pertains to what people buy or sell regularly, any topic where people are looking for answers to their questions e.g. stem cell hair cure for balding or more information like New York West
     
    emvy548, Sep 19, 2010 IP
  4. davedarcy

    davedarcy Peon

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    #4
    i think one point you need to keep in mind is what drives money is sell-able, any site driving the niche where it is placed can be sold, provided that niche has potential and players ready to enter, you can have a site for just restroom supplies, but it needs to be a ruler of the niche.
     
    davedarcy, Sep 19, 2010 IP
  5. dreamconception

    dreamconception Peon

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    #5
    Yes, as the others posters stated all niches can in some way be profitable, but you will need to reach out to the majority of consumers as well as be in the top of the market (e.g. be in your consumers head, the first choice).

    Where to go for books online? Amazon, everybody knows. Where to go for sale/trade? Ebay. And so on.
     
    dreamconception, Sep 19, 2010 IP
  6. arifsha

    arifsha Peon

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    #6
    Make Mobile Online Store Or MP3 Or Movies This Kind Of Niches Make Millions If You Promote Your Site On right way ...
     
    arifsha, Sep 19, 2010 IP
  7. scithe

    scithe Well-Known Member

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    #7
    Sell what you know. If you don't know anything about shoes, that's just going to be another obstacle between you and the 1.2 billion dollars.
     
    scithe, Sep 19, 2010 IP
  8. Seqqa

    Seqqa Well-Known Member

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    #8
    Anything is your best answer, forget what other people are doing and just focus on business. I think some people get dazzled by the pretty lights of the internet rat race.
     
    Seqqa, Sep 19, 2010 IP
  9. europarks

    europarks Active Member

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    #9
    You should analyze niche you want to start first. Traffic amount in this niche is important
     
    europarks, Sep 19, 2010 IP
  10. ApocalypseXL

    ApocalypseXL Notable Member

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    #10
    Those words could become a proverb lol .
     
    ApocalypseXL, Sep 19, 2010 IP
  11. Tom_Lee

    Tom_Lee Peon

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    #11
    If you don't know anything about shoes, that's just going to be another obstacle between you and the 1.2 billion dollars.
     
    Tom_Lee, Sep 28, 2010 IP
  12. tyrillis

    tyrillis Peon

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    #12
    i think you need to find a niche that you enjoy so you won't get bored working on it. So you enjoy putting the hard work into it.
     
    tyrillis, Sep 28, 2010 IP
  13. Mega B

    Mega B Well-Known Member

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    #13
    If someone finds that magical niche they will tend to keep it to themselves so that they can get the maximum amount of revenue from that niche.
     
    Mega B, Sep 28, 2010 IP
  14. Jessie111

    Jessie111 Peon

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    #14
    It is definitely not easy to generate that kind of income online.
     
    Jessie111, Sep 28, 2010 IP
  15. Seqqa

    Seqqa Well-Known Member

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    #15
    Lol rubbish the amount of 7 figure internet business will be huge. Just because it's hard for you dosn't mean it's hard for everyone else. Money makes money, nothing makes nothing and if you want to start real business's then invest into them.
     
    Seqqa, Sep 28, 2010 IP
  16. 7heaven

    7heaven Peon

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    #16
    I think it's not about what is the best niches that you're looking for... but how you can mastering a niche that could make some money for you... after you mastered the niche, then all you have to do is to make it larger for your business
     
    7heaven, Sep 29, 2010 IP