Music Dropshippers Have a Profitable Ecommerce Niche
Did you know that music dropshippers
have a profitable ecommerce niche?
In fact, if you want a great home business with a niche that will supply you with a steady stream of traffic and potential buyers all year long, you can’t go wrong with dropshipping music!
First of all, there are so many different genres of music, drop shippers have a lot to choose from when deciding which type to sell in an online store. But, if you are one of those folks who doesn’t see any point in limiting your music sales to one specific type---fine!
You might choose to diversify and offer everything from classical to zumba!
Here are some of the different types of music dropshippers enjoy much success with:
- Hip Hop
- And More
As you can see, you won’t lack for choices if you decide to join music drop shippers.
Sales of music are booming. Even in a depressed economy, music sales go right on. Let’s take a look at some sales stats for music, These are from Nielsen Soundscan figures for mid-year sales 2012:Units Sold as of July 2102: 853.2 millions
This is a +4.0% increase over July of 2011.
These stats are from Nielsen and Billboard in their 2011 music sales report:
- Album Sales Up for the First Time Since 2004
- Digital Track & Digital Album Sales Reach New Highs
- Overall Music Sales Break 1.6 Billion Mark for First Time
According to Forrester Research, worldwide sales of CDs, cassettes and vinyl records in 2010 were $15.9 billion. That figure is not something to sneeze at!
While nobody can deny that digital music has superseded the sales of non-digital music, if you want to have a thriving home business in music sales, you can.
Many people still buy non-digital music!
You can bet that you will have all of the customers you could hope for if you stock your virtual music store shelves with a good selection of genres.
One thing to keep in mind is that with the holidays just around the corner, you can rest assured a lot of shoppers will want those seasonal melodies, so you could do very well during this winter holiday season.
Here is some info from Forbes magazine online you may find interesting if you are considering becoming one of the music drop shippers with a lucrative ecommerce business:
“If you look beyond the largest firms, the entertainment industry is in great shape by almost any measure.
The trend is most apparent in the music industry. While the “big four” record labels have seen their revenues plummet during the last decade, the music industry more broadly—encompassing independent labels, live performances, merchandise, music lessons, and the like—did extremely well. Statistics from the International Federation of the Phonographic Industry indicates that the “broader music industry,” which included “revenues from music in radio advertising, recorded music sales, musical instrument sales, live performance revenues and portable digital music player sales (among a few other income categories)” grew from $132 billion to $168 billion.”
Pretty encouraging, huh?
Music drop shippers have a wide open market and a wonderful niche that offers a golden opportunity for making money from home!