It’s the peak sales year for Amazon sellers again. Watching the sellers around me placing orders one by one or even exploding orders Sellers whose operating conditions are not so ideal I often reflect on myself Which link is the problem? Alice discovered during her communication with many sellers When reflecting, products are more likely to be shot than operations. Most people would think Is my product okay? Today Alice will briefly explain What exactly do you need to do when selecting products? How do I get into the product selection process? When it comes to product selection, many sellers have the following understandings: Whatever is popular, I sell it. Or just I want to sell products I am familiar with We summarize it into two entry points One is the consumer perspective Products that are easily accepted by consumers That is, those that already exist, with good reputation and market All mature categories or products The second is to approach from the seller’s own perspective For sellers who have already worked hard on a certain type of product They are more willing to start with something they are familiar with. These two approaches actually have their own advantages. Needless to say, from the consumer's perspective If you choose a familiar product In this way, sellers can have a higher understanding of the product selling points When editing the content of a product listing Ability to write titles and descriptions that attract buyers It can also better handle emails with customers about products This is a point that is easily overlooked in the product selection process. We cannot just cater to the market and consumers and follow the trend You also need to think more about your expertise. After all, the focus of the boutique route is still "fine" Research work after entering the category With the above entry angle We can implement the selection A target category that is familiar and in line with the consumer’s perspective The next step is to delve into this category. What kind of products have potential to be tapped? Today Alice will use the well-known Red Sea blanket category Two new and old celebrity products to talk about how to implement product selection ideas First, let’s look at the market capacity of the blanket category. This is a standard Red Sea category. A quick search of the keywords yielded more than 10,000 results. The top-ranked listings all have thousands of reviews If you want to enter a highly competitive red ocean category Products that are too bland definitely won’t stand a chance Let’s take a look at the popular products in the blanket category that once made a name for themselves All of them are full of creativity The first product to appear is our old acquaintance Blanket category: Mermaid blanket The mermaid blanket is currently embroiled in various disputes It is no longer possible to determine which company started selling it first. The mermaid blanket is light and easy to use And extremely eye-catching design creativity Plus, they are naturally suited to posting photos on social platforms. When celebrities and internet celebrities are posting on Instagram and Facebook When posting photos of yourself trying on clothes The mermaid trend is unstoppable The earliest sellers even set a record More than 130,000 were sold during the first Christmas. A feat of making a profit of 16 million US dollars within one and a half years of establishment People are even willing to pay for mermaid blankets Willing to endure the long shipping time from China to the United States Now this mermaid wave recedes Sales and popularity are not as good as before Plus there are too many people and too little porridge Most mermaid blanket sellers are struggling in the quagmire ▲The average sales of the software are very bleak. The next one to appear is compared It is the new favorite in the blanket category - gravity blanket This is a product with strong functionality and a high entry barrier. Improving sleep by placing weight on the user Its weight is a feature that also makes it more attractive for sellers who do not have a certain volume. The shipping cost of this product is unbearable Regardless of whether the efficacy is mysterious or not The American people seem to be very fond of this kind of health routine ▲Long-winded Review Although the gravity blanket is a newcomer, it is not as well-known as the mermaid blanket. But during the hot period, the sellers who entered the market made a lot of money Still no problem Even now, the unit price and order volume of the product are still considerable ▲ Software was used to obtain the data of the killer fish blanket in seconds However, this product has reached the end of its life cycle. From the beginning of the entry sellers to sell big Now more and more sellers are entering the market. The price war for this product is intensifying The price of this listing Alice observed has been declining ▲From the initial 140 US dollars to the current 69 US dollars ▲There are even cases where sizes and colors are out of stock. There are signs that this market is approaching saturation. The listing Alice is observing is ready Clear out inventory and no longer restock We can see in both products Want to break out of the red ocean category we have already selected Need an eye-catching design or a product with strong functionality First use the product selection angle to determine the category Then, by analyzing the hot items in the category Or potential products to determine specific products These two steps are key links in a complete product selection idea Alice has met many newbies who want to join the industry. Most of the reasons for their hesitation are not because of product selection It's the fear and uncertainty of unfamiliar areas. The first step in starting a new business is always this The remaining steps Just be brave and do it Product selection is an eternal topic for us No one is satisfied with existing products. No seller can survive in a corner. Everyone needs to develop new products to stay sensitive to market trends. How much does it cost to explore and select products on your own? For any small and medium-sized retailer who starts from scratch It's a very painful number. Alice is sorry for the pain to all the sellers Prepare your own product selection routines that have been used How to use Black Friday big data to select products? How to judge market capacity? |
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