I read all the time suggestion suggesting one need to find a niche products. I believe I have one product that fit in to niche product category, every time i put on auction, it always sells. I don't have any competition at all,
but at the same, it is not so many people bidding on the item, it is between one or two person and I increase my starting price everytime I put a new auction, but I am not that confident on how high I can go, so I am
kind of stuck in one price as I am kind of scared if I put it the price too high, nobody will buy it.
So when I read someone that can have a niche product that can sell like 12 time than price it was bought,
I just wonder what is the method of selling like that. I believe a niche market must have a niche audience as well which means you have a limited buyer which will prevent you from selling too high in price. Or does it have a secreet
way of selling the niche prodcuts.
I just wonder whether anyone can explain me about this niche products, the niche product buyers and the pricing that can make me more happy I will be gratefull.
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