Any Successful Online Seller? - Page 2

dbshopgirl

dont really agree with the previous post-
you should not be selling wat the market wants. you shouuld be setting the trend and leading the pack. that way, a unique product thats new in the market will generate more buzz. you can get better media coverage/press coverage that way, and this of course has to be coupled with plenty of marketing, educating and promoting, then you will be the front-runner for that product.
the first-mover advantage always helps significantly. and yes, likely that you will be rolling in some good profit. for at least the beginning part.

the problem with retailers in singapore is that they are all copy cats. they have little originality and take the easy way out by riding on the coat-tails of other successful formulas. but it is not so simple. and usually, by the time you latch onto a successful formula, it has more or less been milked to death by so many others.
so my advice:
- deliver a unique concept- and its not just the product, but a whole shopping experience (packaging too)
- build a strong client base- already mentioned by another previous poster
- deliver a value-added service that other competitors wouuld not have.
- finally you have to ask yourself what defines a successful online seller-
strong profits, or strong and recognizable brand. these two can be mutually exclusive.

just my two cents

Mystech

db, you are absolutly correct... except that it is extremely hard, if not down right impossible to have a unique concept any more. basically, everything is is just copied over and over.. add abit here, subtract a little there, change a little colour...

xoxoxo

There is no right or wrong. Sometimes in business, a lot also depends on one's luck. It's all about timing... at the right time, in the right place, with the right people..... 天时地利人和..... Anyway, talk is cheap Good luck!

JerrickYeoh

the faster and most effective ways previous use is get traffic from google adwords and social networkds.
Both of it is top of my list which bring huge amout of traffic and higher conversion rate.

FashionAccessory

so admire ...my online biz struggle n look for partner to mk it work

taobaoagent

just persist and you will be successful