Here’s a great question from Nasim, I wanted to share it alongside my response. “This course is really inspiring me to open my own store. Can you give me one more suggestion? From your experience which one do you think is better a specific product type or mixed product stores? ”
Example of a great everything store is chattuz.com
Example of a great niche specific store is http://www.deathwishcoffee.com/
There is no specific answer to this. You know Amazon itself is an “everything store,” and they are very successful. At the same time, a lot of Shopify stores are “one product only” or “one niche only.” If you target specific niche (like pugs lovers, pug owners for example), then your store should have only products for pugs because if they see a product for bulldogs instead, they will be frustrated and leave). I hope it helps, but there is no RIGHT or WRONG way here.
Here is my suggestion:
1. If you go with “everything store” then research top competitor everything stores and make sure to sell similar products at similar prices. This will reduce the chance of failure.
2. If you go specific niche, again use competitor spy tools and find out best-selling products in competitor stores and duplicate them.
Head to our website now and check out the competitor spy tools and start using information from your competitors to upgrade your business. Check it out here:
http://sellslikehotcakes.co/shopify.php
Choosing between the two can be quite confusing, but you have to find what works for you and then you’ve got to stick with it. Hope this helps out.
Keep selling, keep winning!
See you next time.
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Last Wall Comments
. I till not have first sale for me :(. I don't have direction right for me? How do you make the first sale?
day from each product, which means from five products, we are going to make
$45,000 at least per month plus your Shopify store profits and, of course, minus the
cost of sales, production, shipping and advertising. Our estimated profit is $45,000
per month. Well you can’t live with that but you would agree it’s a good start "
Is that goal only when you start with Amazon, or still good if you take the Shopify to start with...?
I would suggest
1. If you go with "everything store" then research top competitor everything stores and make sure to sell similar products by similar prices. This will reduce chance of failure.
2. If you go specific niche, again use competitor spy tools and find out best selling products in competitor stores and duplicate them.
Example of great niche specific store is deathwishcoffee.com
I don't see a need to limit the amount of "free+shipping item" as long as you are making profits and have good margins