That’s very helpful and straight forward.

How long are they in the market? Simple! Find out when they register for the domain name, it’s a good guide, but might not be accurate.

What are they selling, usually you can know that by going through their sales process… simple right?

How are they doing in terms of sales… for this, it’s good to have, but most of the time, it’s not easy to get, if you can, that’s the best.

To Your Success,
Roy

Thank you for the answer. That’s very interesting.

My next question will be:

How to find out how long are they in the market, what are they selling, how are they doing, in terms of sales?

I’m sure that other readers have the same question too.

Thank you very much for responding. I really appreciate that.

Sure! In choosing a market, how I look at whether it’s profitable, I would usually look at the competitors selling in the same market.

Find out how long are they in the market, what are they selling, how are they doing, in terms of sales (if possible)

When you have all that informations, they would better determine if you can penetrate the market with a better positioning and make money out of it.

I will talk more in the next post.

Great question Raymond!

Cheers,
Roy

However I still have some questions for you.

What is your criteria in choosing a market?

I mean in a more tangible way such as the range of numbers of visitors, competitors and other factors.

Thank you and I appreciate your reply.

And a suggestion from me. A “subscribe to comment” plugin may help me to track the response on this post.

Have a great day!