1. Advertising
    y u no do it?

    Advertising (learn more)

    Advertise virtually anything here, with CPM banner ads, CPM email ads and CPC contextual links. You can target relevant areas of the site and show ads based on geographical location of the user if you wish.

    Starts at just $1 per CPM or $0.10 per CPC.

Is it worth of starting an electronic gadgets shop online for europe and america?

Discussion in 'General Business' started by salsan, Mar 10, 2010.

0
  1. #1
    Is it worth of starting an electronic gadgets shop online for europe and america?
    I am thinking of starting one and also want to know its marketing possibilities.

    Please advice me.
     
    salsan, Mar 10, 2010 IP
  2. manofwar

    manofwar Active Member

    Messages:
    1,058
    Likes Received:
    19
    Best Answers:
    0
    Trophy Points:
    95
    #2
    Electronics are such a saturated industry with a very low margin that I don't see the benefit mate. Some of these big electronic stores are clocking about 3% margin, which is a joke for online business - considering the vast amount of inventory investment.
     
    manofwar, Mar 10, 2010 IP
  3. mt33

    mt33 Well-Known Member

    Messages:
    1,085
    Likes Received:
    2
    Best Answers:
    0
    Trophy Points:
    123
    #3
    electronic gadgets are saturated , they aren't profitable at the moment , my idea health products are bestseller in marketing online

    good luck
     
    mt33, Mar 10, 2010 IP
  4. anantgupta

    anantgupta Active Member

    Messages:
    212
    Likes Received:
    1
    Best Answers:
    0
    Trophy Points:
    68
    #4
    yeah mt33 is right better to open health related product site or something else
     
    anantgupta, Mar 10, 2010 IP
  5. manofwar

    manofwar Active Member

    Messages:
    1,058
    Likes Received:
    19
    Best Answers:
    0
    Trophy Points:
    95
    #5
    Health is just about as saturated as electronics, don't hold your breath mate.
     
    manofwar, Mar 10, 2010 IP
  6. powerlifer

    powerlifer Active Member

    Messages:
    2,002
    Likes Received:
    14
    Best Answers:
    0
    Trophy Points:
    78
    #6
    unless its niche for either then most likely not saturated and unless you have major buying power you wont compete.
     
    powerlifer, Mar 10, 2010 IP
  7. rhoniedotcom

    rhoniedotcom Well-Known Member

    Messages:
    259
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    101
    #7
    Sex Toys have the best chance on line.
     
    rhoniedotcom, Mar 12, 2010 IP
  8. TextGalore

    TextGalore Peon

    Messages:
    33
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    0
    #8
    If you can make your business unique from the others, then you have a good chance. You must have a unique concept that will convince people to buy from you instead of just going to the local store or a larger e-commerce site. Here is a tip when it comes to finding a product: Products that are consumed (not just food but things you use and then need to replace) will bring repeat customers; repeat customers are guaranteed sales. ;)
     
    TextGalore, Mar 12, 2010 IP
  9. mori

    mori Peon

    Messages:
    400
    Likes Received:
    4
    Best Answers:
    0
    Trophy Points:
    0
    #9
    Its not easy when you have sites like dealperfect.com
     
    mori, Mar 12, 2010 IP
  10. mentos

    mentos Prominent Member

    Messages:
    15,280
    Likes Received:
    473
    Best Answers:
    0
    Trophy Points:
    330
    #10
    Yes it still worth it if you can find a cheaper supplier for your product.

    Try to sell something that very hard to get at your country.
     
    mentos, Mar 12, 2010 IP