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It’s common for sellers to chase after niche products since they tend to have very little competition. However, the real challenge for sellers is finding the right niche products to sell. Most niche products have little demand, making them difficult to sell. If you want to find the right products to sell, you need to understand what KPIs to look for while product sourcing.
An ideal niche product will have:
- High demand
- Low competition
- Reasonable profit margins
- Low expenses
- Few established sellers
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