Roughly around 250,000 products are launched per year globally , with an average of 85-95% failure rate. So, if you are planning to start an online business, this is not to dishearten you. Take this article as your learning guide to an exciting, and yes, also a challenging task of choosing the best products to sell online.
This article outlines an ultimate step-by-step process to help you identify opportunities in selecting the best products to sell online, think the freshest and innovative product ideas, present potential outcomes, and lastly, locate suppliers with the best terms and deals.
It may sound really rigorous, so we've broken the process down into four simple phases for you to follow: Assess, Strategize, Select, and Implement .
Each phase will require you with several steps to fulfill. Questions will be constantly asked and checklists will need to be ticked. This is to help you direct and redirect where you are headed in selecting the best products to sell for your online store.
Read full post at Beeketing Blog: How to choose the best product to sell online