Jugglingart.Org

Currently retail business is growing very rapidly. If the first retail businesses rely solely on offline stores with store displays that made it interesting, now retail businesses become more advanced with the progress utilizing the internet. The online store is a form of internet use for the retail business.

Similar to offline stores, not all online stores can thrive and produce a lot of profit. The progress of online store business depends on online promotion, customer’s trust, products to be sold, and of course the target market.

Determining the target market is closely related to the products to be sold. Why? Because the target market relates to the customer's purchasing power. Then what is the product that is easy to sell roughly at online stores and can benefit a lot?

For those of you who want to jump on online retail business, I think selling cheap touch screen phones could be an option. Why is that? These are the reasons:

1. Needs factor. Today is the era of the internet, where multimedia is like a mandatory requirement for every person. Touch screen phones are the latest technology which is currently exploding.

2. Market share. In this world, there are more people in the middle class or lower class rather than the rich people. Therefore, selling cheap touch screen phones by targeting middle and lower class will have a greater chance of success.

3. Do not need a large capital. Wholesale price cheap touch screen phones are much cheaper than the prices of branded touch screen. The price of a branded touch screen phones could buy 4 or 5 cheap touch screen phones. Thus, the capital required is much cheaper.

4. Faster turnover. Because the target market is large, the product turnover and money turnover can be faster.