Episode 11: Why Niching Down Your Store is the Perfect Strategy for Beginners in Ecommerce
Release Date: 05/10/2021
Mr Sam Baldwin's Podcast
So you're running an Ecommerce store or you're planning to start one, and you're wondering where and how to find your target customers. Have you tried finding new customers in online forums?
info_outlineMr Sam Baldwin's Podcast
Want to learn how to price your products? In this video, I will show you two eCommerce pricing strategies that every online seller should know.
info_outlineMr Sam Baldwin's Podcast
"Why increase your bids if you're already profitable on your campaigns in Google ads?” I get asked this question a number of times. So in this episode, let's talk about Google Ads bid adjustments and how it affects profitability.
info_outlineMr Sam Baldwin's Podcast
There are different types of Ecommerce businesses that you can create, and you have to choose the best model or method that will work best for your store. In this episode, you’re going to learn the top 3 Ecommerce business models.
info_outlineMr Sam Baldwin's Podcast
In this episode, I’ll be going through 4 HUGE MISTAKES that Ecommerce beginners make. Stop wasting your money by avoiding these top Ecommerce mistakes!
info_outlineMr Sam Baldwin's Podcast
In this episode, you will learn the biggest reasons why more people are setting up an online store. Starting an online business is not a walk in the park with all the time, pain, and money that you need to spend, but trust me! It will all be worth it!
info_outlineMr Sam Baldwin's Podcast
Why Ecommerce is the future? Seriously! With everything that’s happening, more businesses are now moving to Ecommerce. So if you’re not yet growing your Ecommerce store, now is the time to start!
info_outlineMr Sam Baldwin's Podcast
You've heard about it. You've seen people in social media flaunting their money and sports car. You know someone who wouldn't stop yapping about his online business and the money his making online! But seriously! What is Ecommerce and how does it work in 2021?
info_outlineMr Sam Baldwin's Podcast
Can Ecommerce be profitable? In this episode, I’m going to show you how to make money in Ecommerce and make your store insanely profitable.
info_outlineMr Sam Baldwin's Podcast
Heard about Ecommerce but don’t know where to start? In this episode, I’m going to show you how to get started in Ecommerce and the opportunities that await you.
info_outline Are you an Ecom newbie who is trying to start an Ecommerce store but you're still wondering if you should build a niche or general store? In this episode, I'm going to show you why niching down your store is the perfect strategy for beginners.
🔴 Subscribe to my YouTube channel for more tips just like this: https://keycommerce.com/Subscribe
Many Ecom newbies dream to grow their stores into huge brands like AliExpress, Amazon, and Walmart. This is indeed possible; however, pushing your business to its highest point is so incredibly difficult, especially with the competition.
But there is one strategy to make it work! You can start niching down your store and scale your business to the moon.
What is a niche Ecomerce store?
A niche store, or a brand store, is a store focused on a specific niche. By creating a niche shopify store, you’re able to target a specific audience and speak directly to them, and sell them products that solve their biggest problems.
By starting a niche Ecommerce store, you could offer products that specifically solve the specific problems of your target audience. This sort of approach builds a loyal following of customers that come back and buy again and again.
Shopify General Store VS Niche
Building a niche Shopify store is different from building a general store. The latter is is quite a common way for people to start in Ecommerce and it's also the most common model recommended by Ecommerce "gurus."
The problem with a general Ecommerce store is that you’re just testing ads and products and trying to find something that sticks. People aren’t going to come back and buy again and they’re not really engaging with a brand.
A lot of Ecommerce beginners will start with a general store and then create a niche store based on the products that worked, but doing this is like putting the cart before the horse.
But in this episode, I'm going to convince you why starting a Shopify niche store is the best approach for beginners. Learn how to build a niche Ecommerce store, to spend much less on ads, and grow your store quickly!
🔗 Here are the videos I recommend here:
⦿ How to Validate your Product by Selling at Local Markets
⦿ How to Validate Your Product Cheaply and Easily
⦿ Location Bid Adjustments
⦿ Mobile Bidding Adjustment
⦿ Demographic Bidding Adjustments
🎥 Watch the video version of this episode here: https://www.youtube.com/watch?v=8ePBvToLZNw
✅ For tips and tricks on growing your Ecommerce store remotely make sure to subscribe: https://keycommerce.com/Subscribe
--------------------------------SOCIAL--------------------------------
📝 Key Commerce Blog - https://keycommerce.com/blog
👥 Facebook: @MrSamBaldwin
🐦 Twitter: @MrSamBaldwin
📸 Instagram: @MrSamBaldwin
#EcommerceNicheStore, #EcommerceforBeginners2020, #MrSamBaldwin