Forums: Discussions for entrepreneurs and small business.

Hi, I was a member here a while back but cant remeber my information so I resigned up so nice to greet you all again. I am still looking at different business ideas. I have done collectible toys and it just aint working all that great. So I am looking into a market that I can purchase when i need the products rather than finding them on craigslist. I want a steady supply.

 

Here is what im thinking about doing, I have a few ideas....
1. Sell computers, parts etc
2. sell online movies, movie posters and movie collectibles

I am looking to start it up on ebay and have a website where customers can check out with when paying. My concern is the products above is there a market out there? Can I actually profit when using ebay due to ebays high fees? Is dropshipping a good idea to get me started?

Please post your comments and suggestions. Thanks

Computers and computer parts are a booming industry.  But with that comes A LOT of competition.  Figure out what your niche or competitive edge would be.

Movies are a rapidly changing industry, especially as downloadable movies are now beginning to take root.  I don`t know statistics but I would do some research to find out what the trends are in people purchasing movies.  Also, this is the kind of product where people will purchase based on the best price.  And low prices generally come with quantity sales.

Thanks, yeah thats what i figured on the movies but it was worth asking.

The Computer parts....
Do you mean I should focus in on a niche in the computer field for example selling power supplies only or motherboards?

Hi dalexdesign.

Being int the IT industry, I can say without a doubt that yes, CampSteve is right....it`s a commodity.  And with any commodity you get huge competition....so what can you differently?  How can you create something with this line of thinking that is not necessarily competing but creating a brand new market?  New markets mean you are the market leader and have a better chance of success rather than failure.

here is an example:  chrysler did not compete with cars or trucks in the 80`s, those were a commodity.....so.....they created the minivan!!!!  and had NO competition.......

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