I have a good news and bad news for you. The bad news is: most BANS owner does not make money! The good news is, I am going to lay out the exact plan how my partner makes easy moolah with BANS!
Ok, the key is, finding what the hot selling products are and promote ‘em! There are tons of websites you can use to identify the trends, here we go:
1. eBay
Find out what’s hot on eBay now:
http://pages.ebay.com/sellercentral/whatshot.html
Depending on your area, you can also check the hot selling products from respective countries:
http://pulse.ebay.co.uk - UK
http://pulse.ebay.co.ca – Canada
http://pulse.ebay.com.au – Australia
At the column “Category” there’s a drop down menu where you get to select and check out the top items in each category.
2. Amazon
http://www.amazon.com/gp/bestsellers/books/ref=pd_ts_h – List of top selling products from Amazon. There are various categories on the sidebar. You can select your niche and check out the hot items.
http://www.amazon.co.uk/gp/bestsellers/ref=pd_ts_m_h__ldr/203-7082884-8022344 - Popular items at Amazon UK
http://www.amazon.ca/gp/bestsellers/ref=pd_ts_b_ldr/701-5398607-3228316
- Popular items at Amazon Canada
3. http://www.ciao.co.uk/ssp.html list of most searched products in UK
4. http://shopper.cnet.com/4005_9-0.html list of popular electronic products
5. http://pricegrabber.com/home_mostpop.php list of popular products at pricegrabber.com
6. http://www.sharewareplaza.com/mostpopular_1.html list of popular products at sharewareplaza.
7. Yahoo! Buzz
http://buzz.yahoo.com
-Yahoo! Buzz publishes the most searched terms on Yahoo! Search engine daily. There are 6 main categories:
http://buzz.yahoo.com/actors/
http://buzz.yahoo.com/movies/
http://buzz.yahoo.com/music/
http://buzz.yahoo.com/sports/
http://buzz.yahoo.com/tv/
http://buzz.yahoo.com/video_games/
The buzz log gives you good ideas on the current trend. How would it help you? Think about the products that the searchers might be interested in. For example, celebrities autograph/posters, video games console etc etc.
8. http://hotsearches.aol.com
Similarly, AOL.com updated their most searched terms daily. The category includes electronics, gadget, celebrity, auto, movie, music, TV programs & vacation destination.
I can go on and on with the lists, but this is enough to keep you busy for a while. Here’s a tip: find popular online store, check their top selling charts and you will get an idea of the in demand products!
Niche selection is only the beginning. You need to drive targeted traffic to your store to make money! This is where most people fail! Read here to learn how to drive traffic to BANS store!