Staff Answer
Jan 28, 2020 - 07:27 PM
Hi,
Thanks for your question, it's a great one. Let me try and answer it to the best of my knowledge.
Focusing on niche products can definitely allow you to leverage novelty, before other benefits. Since most of these products appeal to international consumers, chances of your export/import business booming would multiply. Having said that, you must first sort from the list of type of consumers to see where you or your business unit fit best. Allow me to explain this with some niche product examples -
Travelers - Avid or frequent travelers often need products that can be marketed on social media like Instagram among other platforms. Products like Smartphone accessories for traveling content creators, practical and comfortable athleisure for frequent flyers. While you're leveraging on the idea of wanderlust, you're also catering to an entire workforce of freelancers.
Environmental Conscious Consumer - As the name suggests, this segment of consumers prefer opting for products that are environment and health friendly. Products like reusable drinking straws, cruelty-free cosmetics, vegan-friendly apparel and menstrual cups are in high demand in international market.
Pet Owners - Total expenditures for the pet industry in the U.S. alone is an estimated $75.38 billion in 2019 eventually helping this category to make the list. Pet cameras, Pet GPS trackers, Organic pet food and treats and Pet accessories and clothing are just some of the products in high demand.
Gamers - There are more than 2.3 billion active gamers worldwide and nearly half spend money on their hobby, resulting in an industry worth $137.9 billion. Some of these products are ergonomically designed controllers, chairs, blue-light blocking glasses, decals to personalize consoles, controllers, etc. T-shirts referencing aspects of gamer culture and accessories for mobile gamers.
Delving into any of the above categories will be profitable and will help you carve a niche for yourself in the global market.
You can find fresh buy leads of most of these products on our website.
Hope this answer helps you.
Good luck and regards,
go4WorldBusiness.com Team
Thanks for your question, it's a great one. Let me try and answer it to the best of my knowledge.
Focusing on niche products can definitely allow you to leverage novelty, before other benefits. Since most of these products appeal to international consumers, chances of your export/import business booming would multiply. Having said that, you must first sort from the list of type of consumers to see where you or your business unit fit best. Allow me to explain this with some niche product examples -
Travelers - Avid or frequent travelers often need products that can be marketed on social media like Instagram among other platforms. Products like Smartphone accessories for traveling content creators, practical and comfortable athleisure for frequent flyers. While you're leveraging on the idea of wanderlust, you're also catering to an entire workforce of freelancers.
Environmental Conscious Consumer - As the name suggests, this segment of consumers prefer opting for products that are environment and health friendly. Products like reusable drinking straws, cruelty-free cosmetics, vegan-friendly apparel and menstrual cups are in high demand in international market.
Pet Owners - Total expenditures for the pet industry in the U.S. alone is an estimated $75.38 billion in 2019 eventually helping this category to make the list. Pet cameras, Pet GPS trackers, Organic pet food and treats and Pet accessories and clothing are just some of the products in high demand.
Gamers - There are more than 2.3 billion active gamers worldwide and nearly half spend money on their hobby, resulting in an industry worth $137.9 billion. Some of these products are ergonomically designed controllers, chairs, blue-light blocking glasses, decals to personalize consoles, controllers, etc. T-shirts referencing aspects of gamer culture and accessories for mobile gamers.
Delving into any of the above categories will be profitable and will help you carve a niche for yourself in the global market.
You can find fresh buy leads of most of these products on our website.
Hope this answer helps you.
Good luck and regards,
go4WorldBusiness.com Team
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