- PPF Points
- 2,039
To remain unchallenged in the online marketplace space, you have to consider various factors. Online marketplaces are very competitive. The first thing you can do is to carve out your corner. Stop selling something for everyone and begin offering a unique item that is a perfect match only for a certain group of people. Forget about profit in large quantities and get more interested in the micro-needs people have and which are actually not met. Forums, reviews, and social media are the best resources where one finds truths about what customers are not satisfied with. These inside sources provide you with the fabric to weave a product nobody else has thought of. Your product title should be all about your customers, not a mere product description. Why not combine two elements such as a twist of the product, a personalized version, or a new use for it no one has ever thought of? If all are into selling minimalist home décor, then you may go for maximalist services and quirky items. It’s not necessary to jump from one trend to the other when the original is there. Yet another strategy that isn’t less smart is to target countries or languages that don’t even get what they need and decrease the chance of facing competitors. Also, one should acknowledge that through packaging they could be able to provide solutions to the customers' problems by bundling different parts instead of selling single pieces. Most sellers are not really working on innovation but rather make efforts to be in the top position, whether in terms of the price or the search result. They escape the common by being daring enough to promise something unbelievably concrete and qualitative, something people do not even want to compare with anything else.