Entering The Micro Markets

NICHE MARKETS Internet stores have a distinct advantage over brick and mortar stores: The cost of doing business is less. Leasing space in a viable location and staffing that space are major expenses for the brick and mortar merchant. In contrast, the Internet store is frequently comprised of one person with a desk top computer spending just a few hours each week.

Converting visitors to customers

THE PURCHASE DECISION Whenever we make a purchase, there is a three stage mental process: want, need, and rationale. A website is unique because it can direct and focus a shopper on each of these stages. The website can be as effective as, and more efficient than, a full color brochure. And, the website has the added advantage of providing a shopping cart to respond…

Finding Niche Markets

Nearly everyone has a hobby, special skill, avocation, or burning interest in something. These interests can point the way to a niche market that can be exploited for earning a little extra money using an Internet storefront. Read below about the Woodburner.com business as a prime example of turning a hobby into a viable business.