Looking to start an online store but not sure what to sell? Here’s a comprehensive strategy guide + product ideas that you can build a profitable online business around. This downloadable PDF guide at the end covers the following topics:
Starting an online business? finding, evaluating and selecting a product to sell online is no easy take. This guide will break down the process step by step to help you find the perfect product.
2. The 8 Product Opportunity Types
Understanding the 8 product opportunity types is critical to finding the perfect product to sell online. In this chapter, we break down each of the 8.
3. Where to Look for Product Ideas
In this chapter, we’ll show you the ten best places to looking for and discover the best product ideas for your new online business.
4. Trending Product Ideas
We used our list of the best places to look for product ideas to uncover 10 products that are currently trending on Google Trends.
5. Selecting a Product & Niche
Armed with product ideas, it’s time to decide which one you want to further evaluate. In this chapter, you’ll learn how to choose a product and zero in on a great niche.
6. Evaluating Your Product & Niche
In this chapter, you’ll learn the 17 point product evaluation criteria you need to go through to make sure your product is a great choice.
7. Evaluating Market Demand
Not only do you need to evaluate product viability, but you also need to understand market demand. In this chapter you’ll learn how to better understand market demand for your potential product idea.
8. Evaluating Potential Competition
After choosing a product and evaluating product viability and market demand, the next step is to understand the competition. In this chapter, you’ll learn exactly how to research your potential competition.
9. Validating Your Product & Niche
Research is great but before you spend too much time and money starting your business, it’s always a good idea to test it in a real world scenario first. In this chapter, we’ll show you several ways to validate your business concept before sinking a lot of time and money into it.
10. Make, Manufacture, Wholesale or Dropship
There are four common ways to acquire your product. Make, manufacturer wholesale or dropship. In this chapter, we’ll explore each option in more detail.
11. Locating a Supplier
With all your evaluations complete, it’s now time to source the supplier for your product. In this chapter, you’ll learn where to look for them and how to negotiate with them.
12. Final Thoughts
You’ve made it. You came up with a bunch of ideas, narrowed it down, chose one, evaluated it and found a supplier. Congratulations!
13. Advice From Ecommerce Experts
Read quotes and advice from industry leaders
Once you’ve chosen a product to sell, the next step is to build your online store! TDP in partnership with August 99, is an approved Shopify Partner. We’d be happy to show you some examples and setup your store for you.
Original article from: Shopify