+- Hack Forums (https://hackforums.net)
+-- Forum: Money (https://hackforums.net/forumdisplay.php?fid=241)
+--- Forum: Monetizing Techniques (https://hackforums.net/forumdisplay.php?fid=120)
+--- Thread: Single product store vs Niche Store (/showthread.php?tid=6086106)
Single product store vs Niche Store - tobeornottobe - Jun 9, 2020
Hey I just recently joined this forum in hopes of learning more about Ecom since I want to be opening my own store. I was wondering do you guys think it’s better to have a single product store and focus all your attention on that or have a niche store ?
Thank you
RE: Single product store vs Niche Store - Acetrap - Jun 9, 2020
If you are starting out i would recommend niche store so you can test more products faster. If you don't know you have a winner you will be spending too much time on building stores instead of marketing which brings in the money.
RE: Single product store vs Niche Store - tobeornottobe - Jun 9, 2020
(Jun 9, 2020 12:53 PM)Acetrap Wrote: If you are starting out i would recommend niche store so you can test more products faster. If you don't know you have a winner you will be spending too much time on building stores instead of marketing which brings in the money.
That makes a lot of sense. Thank you very much!
RE: Single product store vs Niche Store - Meow - Jun 9, 2020
Niche store unless you're 100% certain you have a winning product.
RE: Single product store vs Niche Store - Ivex - Jun 10, 2020
(Jun 9, 2020 01:19 PM)Meow Wrote: Niche store unless you're 100% certain you have a winning product.I've seen all the advice being the other way round. Have a single product store as niche stores require HUGE budgets in order to break into the market and single products have a focus, people are going on your store to get that specific product.
RE: Single product store vs Niche Store - Meow - Jun 10, 2020
(Jun 10, 2020 06:58 AM)Ivex Wrote: I've seen all the advice being the other way round. Have a single product store as niche stores require HUGE budgets in order to break into the market and single products have a focus, people are going on your store to get that specific product.You can have a niche store where you'll advertise a single product.
If that product becomes a winner, then make a one product store around it and advertise it.
If that product doesn't end up working, test another one.
You can't test products on a one product store.
Creating a one product store (as a beginner), without doing prior extensive research, is a recipe for disaster.
You'll end up wasting time and money for something that might or might not work.
RE: Single product store vs Niche Store - tobeornottobe - Jun 10, 2020
(Jun 10, 2020 06:58 AM)Ivex Wrote: I've seen all the advice being the other way round. Have a single product store as niche stores require HUGE budgets in order to break into the market and single products have a focus, people are going on your store to get that specific product.
It’s funny that you say that because from all the research I’ve done it has been recommended to do a one product store but having a niche store does make sense in regards to not having to make multiple stores and all that stuff.
RE: Single product store vs Niche Store - Ivex - Jun 10, 2020
(Jun 10, 2020 07:25 AM)Meow Wrote: You can have a niche store where you'll advertise a single product.So you mean having a niche domain to test single products?
If that product becomes a winner, then make a one product store around it and advertise it.
If that product doesn't end up working, test another one.
You can't test products on a one product store.
Creating a one product store (as a beginner), without doing prior extensive research, is a recipe for disaster.
You'll end up wasting time and money for something that might or might not work.
RE: Single product store vs Niche Store - diablospartan - Jun 10, 2020
In the begining you need to test a lot of products until you find the lucky products and after than you can be more focused