30 most effective products that can be sold on e commerce website
30 BEST PRODUCTS ANDSERVICES THAT CAN BE SOLD ON E-COMMERCE WEBSITE
Introduction According to an Ernst and Young study the most popular online purchases are• computer related products (40%),• books (20%),• travel (16%),• clothing (10%),• recorded music (6%),• subscriptions (6%),• gifts (5%)• investments (4%).
The kinds of products andservices that sell best onthe Internet are those thattake advantage of theconvenience of the Net
Reason for buying products online• Convenience is the primary reason• To avoid crowded stores• Flexibility of timing• Avoiding the irritating sales clerks• Avoiding pickpockets
Products or Service should exhibit the following characteristics• High value• Products suitable for shipping by mail• Information-based products• Services• Niche Product
High value Offbeat or unusual products and services often attract online attention and sell strongly Customers won’t buy things which could be readily available near their place For Example :- Some special wine , Cigar etc
Products suitable for shipping by mail Most products sold by catalog and mailorder also sell well on the Net.Choose products that could be shippedeasily.Stay away from bulkier and heavier productsthat would result in higher shipping andhandling costs.Higher shipping costs diminish the pricecompetitiveness of online products
turns-off a lot of potential buyershigh shipping costs is the primary factor thatdiscourages people from buying onlineErnst and Young report shows that 53 percentof online shoppers are concerned with shippingcosts
Information-based products The Internet is primarily used to communicate, entertain, educate and research.nonperishable, information-intensive products such as computers and software, books, travel, consumer electronics, magazine subscriptions - are the most popular online products at present. Content-rich sites, subscription-based sites to advertiser-supported sites focusing on a wide range of topics, have been sprouting all over the Internet.
Serviceshotel reservationair travelinvestments NICHE PRODUCTproduct made and marketed for specialized usesa product category without a huge amount of competition one you can stand out in.
NEXT BIG THING IN THE E-COMMERCE SEGMENT ISTHE GROCERY (but notthose that rely solely onhome delivery)
Computer Related productsLaptops Computer HardwareDesktop PCs • MotherboardsStorage Devices • RAM• Memory Cards • Processors• USB Drives• Hard Disk Drives • Graphic Cards• DVD Writers • TV Tuners• Memory Card Readers • Cabinets• Blu-ray Drives • Power Supply UnitsPrinters • CPU Coolers• Inkjet Printers• Laserjet Printers • Audio Cards• Multifunction Device Scanners• Dotmatrix Printers
NETWORKING DEVICE Tablet Accessories• USB Data Card • Tablet Carry Cases• Routers • Other Tablet Accessories• Cables & Connectors Laptop Accessories• Lan Cards • Laptop Bags• Switches • Laptop Chargers• DVDs and CDs • Laptop BatteriesSOFTWARE • Other Laptop Accessories Computer Accessories• Security Software • Web Cameras• Educational Software • Speakers• Operating Systems • Mouse• Multimedia Software • MonitorStorage Media • Keyboard • USB
Mobile & Accessories• Phones Home• Mobiles Home• Landline Phones• Mobile Accessories Home• Tablets
Mobile Accessories• Cases And Covers• Bluetooth Headsets• Headphones• Memory Card• Headsets• Screen Guards• Batteries• Car Accessories• Chargers
Books• Literature & Fiction• Academic & Professional• Children and Teens• Business, Investing and Management• Entrance Exams Preparation• Computers and Internet• Biographies and Autobiographies• School Books
• Religion & Spirituality• Science & Technology• Arts, Photography and Design• Cooking, Food & Wine• Crafts & Hobbies• Families and Relationships• Health and Fitness• History and Politics• Home & Garden• Humor• Music, Films and Entertainment• Outdoors & Nature• Philosophy• Reference• Self-Help
TravelTickets• Air tickets• Rail ticketsTravel Packages• Hotel Reservation• Food & Beverages• Cruise packages
• Loans• Taxation & Legal• Technical Analysis• Fundamental Analysis• Index Derivative
Other emerging products• Grocery• Apparels• Jewellery• Health Supplements• Beauty Products• Online Serviceso Dental officeso dry cleanerso car-repair shopso barbers and hairstylists,
• Whatever our product be , a successful e- commerce venture will be those that are able to provide convenience combined with superb service and outstanding reliability of delivery• products should have least surprise• products should have least variability