Niche Ratings is 4 But I Feel It's Hard?

Discussion in 'Niche & Products Research' started by Yue, Dec 3, 2017.

  1. Yue

    Yue New Member

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    I use Olga Method to rate and reevaluate my niche shop.

    This is what I got.

    Screen Shot 2017-12-04 at 12.01.25 AM.png Screen Shot 2017-12-04 at 12.01.38 AM.png Screen Shot 2017-12-04 at 12.01.52 AM.png

    The overall ratings is 4.

    But sadly, the niche falls under this category then.

    • Items that are usually carefully checked before purchase – sophisticated electronics, footwear, exquisite clothing, etc. When we buy such products in regular brick-and-mortar shops, we try them out beforehand and make sure they suit us by all parameters. If you include such offers in your store, be ready to deal with lots of product refunds and returns – most likely, your customers will experience some difficulties with ordering the right modification from the first time.
    As a newbie and "first store owner" what should I do?

    Should I leave this niche and make a "general store" items?

    The store I have is using Davinci and have around 30 products in it.

    The only lost from here is that the domain and the Facebook Ads testing budget, and the time of course. :(
     
  2. Xerro

    Xerro Member

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    Hi Yue,

    Just because your niche falls under that category doesn't mean you can't do it.
    These are just higher risk niches, you will see higher return rates which makes it harder to make money.

    I personally went through roughly 20 domains before I was happy with one.
    And I can't tell you how many times i rebuilt and restocked a store with hundreds of products.

    This game is a lot of trial and error, and that is truly the biggest benefit of drop shipping, you aren't locked to inventory and can change your niche whenever you feel it isn't working.
     
  3. Yue

    Yue New Member

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    Hi, @Xerro.

    Thanks for your input.

    As you can see, I can mark up my items up to 250%.
    That is the attraction for me, and I like this niche as personal passion.
    But sometimes, passion doesn't equal profit don't they?

    Can you share me, around what price is your items, and how much you mark up them according to the niche market value?
     
    AryanShirani likes this.
  4. bingbang

    bingbang New Member

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    Hi yue, what is the Olga method that you are applying?
     
  5. GKW Products

    GKW Products New Member

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  6. Lord Tjhai

    Lord Tjhai New Member

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    Did you really change your niche 20 times (domains)? Cause I have changed 2 times and I started to think that maybe dropshipping is dead X_X
     
  7. Xerro

    Xerro Member

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    14 times, i currently own 14 domains. And still not happy with progress.
     
  8. Lord Tjhai

    Lord Tjhai New Member

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    Did you make any sales yet? I have not made it, even thought I have ads on facebook
     

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