I am new to the community so first of all thanks for existing! It is very exciting to be around so many like-minded people. I am looking forward to a flourishing exchange of ideas!
As the title of this post advocates, this post is about starting a website, selling a niche physical product.
I am at the very beginning of my career as an internet entrepreneur and try to choose the best model to start my first internet business. It looks like a lot of people building niche sites make money either through affiliations, ads or information products.
While I see the advantage of information products and their money-making potential, I want to make good money earlier, before I have the required authority and knowledge and I do not see it happening with affiliations and ads (please correct me if I am wrong here). I aim at $2500 profit within 12 months. Here is my question:
Why waste customers you sold on a product to companies like Amazon.com and only earn little commission when you can (re)sell your own product making much more money?
There are enough niche products out there which are bought in Asia for little bucks and sold here much more expensive. Why not aim to be one of those businesses with a high Google ranking? You can do drop-shipping and no need to worry about fulfillment. Is this not a realistic business model to aim at?