I know it is frustrating. There are times when I have worked a profitable niche for over 6 months, then someone else comes in and does the penny thing, or DRASTICALLY lowers the price.
I either try to compete, find a new niche or move on to something else. And the competition can be BRUTAL.
My little business has to support a total of 9 people, 2 dogs and 3 cats - all living in the USA. But I have to compete with sellers from other countries that can afford to make less money since their cost of living in much lower than it is here. If that were not bad enough, I also have to compete with the college kids who are doing this for beer money.
But that is just reality. I don't like it any more the the OP does, but I just have to deal with it.
|