Ecommerce Tips Update

Saturday, July 28, 2007

Online Niche E-Commerce Stores Do What Brick-And-Mortar Stores Can't

Every small town used to have a "general store" where you could buy a broad selection of merchandise to handle almost all of your needs. These days that general store is often a Wal-Mart.

The problem with a general store is that if you're interested in a particular product, you'll only find a limited selection of it. They can't afford to use their limited shelf space to provide a huge variety. It only makes sense for them to fill that limited shelf space with those products that sell the best. Those products aren't necessarily the best, but are likely the best marketed products.


That's where an online store differs. A website is incredibly cheap to build as compared to an actual building. And unlike the building, the website is accessible to the entire world!

These ecommerce stores are creating markets of infinite choice where consumers can get exactly what they want. The bottle-necks of the old supply and demand model are disappearing so everything is becoming available to everyone. When shelf-space doesn't cost anything, you can cater to everyone.


So no longer can big companies dominate all of the available advertising channels as they did in the past. Therefore, even a small niche ecommerce site can compete with the big players and win customers.

Consumers win because they have a larger selection of products. Ecommerce sites win because they get profits from the sales. Even the large companies win because they produce the products being sold and they don't have to spend marketing dollars to get the sale.

There are millions of little mini-markets to be served and these markets have always existed. But now with niche ecommerce sites on the Internet, it is finally possible to give consumers exactly what they want.

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