truggling to carve a niche acquire more customers and often
of your own? offers their customers free gifts
Here's a business idea and for purchasing their product.
detail strategy you can use for
As these business owners need
any online niche markets.
such products in bulk (to give
I got the idea, watching an away as gifts), they are happy to
interview with a businessman, on buy the goods from Mr.P in bulk
a local cable channel. (We will at a cheaper rate.
refer to him as Mr.P here)
The point to note here is,
Read it, think and more instead of trying to sell these
importantly use it........
goods to consumers directly, Mr.
You have seen ads like 'Buy P has approached other business
_________ get a mp3 player free' owners, who in any case needs
,'Buy ____________ get a camera such products.
free' hundreds of times.
By focusing his strategy to
Right?
sell goods in bulk to established
Yes! But so what ?
businesses, instead of directly
Ok here's how Mr. P's using selling them to the consumers,
the strategy..
Mr.P has ensured a bigger profit
He buys goods (mostly level for himself and continuous
electronics) at a very cheap rate business.
(much cheaper than their price
Undoubtedly the
here in India) directly from business-to-business market is a
Chinese manufacturers in more reliable market and
wholesale. Then he sells these according to a stud,y it is
stuff in bulk to the local supposedly going to be about five
established businesses in several times greater than the business
cities in India .
to consumer market on
Now the local business owners Internet.
are always looking for ways to
Remember, most business owners
are always looking for ways to products, for a year in advance
get more customers and retain ?
their old customers for repeat
Here's how it will work...
purchase.
You set up this site one time,
So obviously, if you can filled with goodies ( several
position yourself correctly as niche site can be put together by
the content creator for the using public domain materials
existing online businesses, you also) and need not spend time on
will have more business for it more than once or twice a
yourself than you can handle.
year
Here is an example for you to
John buys membership slots in
brainstorm....
bulk from you.
Say John sells health related
It is a win win situation.
(physical) products through his
John gets more satisfied
online store. Now you can create customers which is likely to
series of ebooklets like result in repeat purchase of his
'Healthcare -The natural way, goods.His customers will be
using your own garden' delighted to get the extra
or 'Granny's Poultices' etc.
benefit. You need not go for a
Put them on CDs and sell these hunt for your customers, as you
CDs in bulk to business owners can tap in the ready customer
like John.. John in turn gifts base of an already established
these CDs to his customer as an business.
extra bonus gift .
If you can do this for 5-6
Or
different businesses you can have
What if you put together a a nice multiple streams of
special password protected site income, zero marketing cost ,at
for John which he gifts his the same time move ahead with
customers for no extra cost if your next project
they order his monthly consumed
Why your next product can be
how you did it, i.e how you found
the materials,how you created
high value product out of it,how type="text/javascript">
type="text/javascript"
Article Tags: business, customers, owners
