Saturday, August 13, 2011

Market Research: starting an online business with Worldwide Brands

Market Research: starting your online business with WorldWide Brands

Market Resarch Worldwide Brands

Market research is vital to profit, online or offline. This is what Chris Malta figured out for himself before he started WorldWide Brands. The point is to buy low and sell high. In our modern world, this means getting products which you can sell for slightly less than others - the basis of auctions like eBay. However, the trick is that if you pick the wrong product, you're stuck with a garage full of stuff to sell somehow - usually at a loss. A few of these can wipe out any investment you might have saved up. You need to know prices, sure, but also popularity and also if buyer demand is rising or falling. You need to know the keywords they are using to search with, and if others are also on the big auctions making money with this (and if there is too much competition to support any real profit.)

Malta has set up a unique market research tool on his site which pulls all this data together with suppliers. You can fin out in minutes exactly what's popular, what's profitable, and how you can buy in bulk (or partial pallets - or even have them ship it for you.) There are a lot of profitable options available. And WorldWide Brands can give them to you. But it's worth checking out for yourself.

Video's About Market Research and WorldWide Brands

and:

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