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Online Sales - A Race To The Bottom?

Discussion in 'Researching & Planning your new business' started by OnlineSales, Feb 25, 2018.

  1. OnlineSales

    OnlineSales Member

    There are some industries - thankfully not mine to a great extent - where to me it seems like a simple race to the bottom when it comes to the price of goods. Some of these companies must surely be using online sales as loss leaders to increase their customer base and then try to sell add-on products?

    One area I know this to be the case is eigarettes and eliquids as my friend has a business in this sector. If some of these products are not being sold for a loss then they must be fakes. I would like to hear the views of others as it is becoming harder and harder to sell for a profit online.
  2. Jeorge Waters

    Jeorge Waters Member

    I am not really experienced in online sales but the niche seems to be really attracting. Now I want to try out selling on amazon and I hope that I'll manage to make it profitable. Haven't done anything yet except reading articles on https://amzscout.net/blog/amazon-vendor-central-and-express-explained/ but I decided that getting all the valuable info at first is a good strategy.