Forum Moderators: buckworks
I want your quick, or not so quick if you have time, thoughts on how many search engine queries a month should your product or service have before its feasible to sell it online?
My memory says that 1,000 searches was a good indicator. But then again I want to say 3,000.
If the number is high, do you take into account whether or not your product and/or service has a relatively small market niche?
-jlr1001
eBay works out well as a test market and it helped me launch my business without too much investment.
But not knowing what you are selling, create a model and assume a conversion percentage of 2% (orders per visitors). I think that is an industry average for medium ticket items.
That way, if you had 1000 visitors a day, that would equal 20 orders / day. If (20 x Product Margin) > (Costs / Day) ... Go for it!
Hope that helps.
every visitor you get now while you don't sell will go away empty handed and your competitors will gain. they won't recommend your site to anyone.
but if you are selling online, visitors might recommend you to others. they might come back and buy again.
and once you're selling online, bump up your visitor numbers with PPC listings, yahoo listings, optimised pages etc etc etc etc etc ......
don't wait for things to happen, make them happen.