What makes a market Good?
Posted on January 16, 2010 |
First off a good market has desperate and or impulsive buyers. Rabid is not enough. I’ve heard it said before that you need to find a rabid market if you want to sell online. Well rabid is great. I mean a rabid market, you know for sure that these people are buyers. The problem with only finding a rabid market is you don’t know for sure that they’re going to buy from you. You don’t know for sure that they’re going to buy online.
A great example of that is pet owners. Pet owners, in my experience at least, they’re very, very rabid about their pets. They’ll spend an enormous amount of money on their pets. But from my experience, trying to sell pet products and trying to sell in this community, they would much rather go down to their local pet store with Fido and have Fido pick out a chew toy than they would buy it online. So, rabid is not enough. Read more