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Drop shipping is where you sell a product to a customer, and a warehouse ships it directly to your customer, saving you shipping fees and inventory space. You make money off the difference between the retail price and the wholesale price.

Everything would be fine and dandy, but the problem is that there are so many scams and so much competition out there that it isn’t worth the effort to sell some items. However, if you can find your own wholesaler in a good niche, you can make much more money.

You can read more about this from Eli’s post in the Net Business Blog. He offers a really long but good article on drop shipping and e-commerce.

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You’ve probably thought of this business strategy at one time or another: “If I start a youtube, myspace, or some other already established giant, I’ll be able to succeed by just getting a few of their users/customers!”

However, the problem with this is no one has a reason to switch over to your service. They’re already established, what would differentiate you and them?

So what you look for in a niche is a small, untapped market that they haven’t fully encompassed. Whenever somebody looks for THAT market, they’ll find you. For example, baby pianos is a very broad market. It probably has a lot of competition that you want to avoid. It’s hell if you want to sell the same thing as everyone else, I know from experience.

When you say a brand specific piano like, Kawai then you have Kawai Baby Grand Pianos, and whenever someone looks for a Kawai Baby Grand Piano, they’ll find you!

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