Where does your product selection inspiration come from?

Where does your product selection inspiration come from?

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Many people who work on Amazon do not have factories, so the question is, what products should they sell? Where can they get inspiration?


After listening to many suggestions from friends, they all think that it is OK to directly use data websites (such as SellerSprite) to filter out products with good data. However, firstly, these websites are all paid, and secondly, although no one will make the products you choose at the first time, there will soon be big sellers to take their jobs.


Instead of looking at too much data and considering too many factors, I personally think that the most important thing in product selection is to go to foreign social media or forums to learn about foreigners’ topics and habits. This will be more helpful in creating explosive products.


Just a few days ago, I saw someone's product selection ideas on Zhiwubuyan, and I think it is worth learning from:


Step 1: First, you need to have inspiration for product selection (ignore this if you have a factory at home)
 
1. On Amazon, Best sellers, New Release, Movers & Shakers, Gift ideas…
The site is a good place to get a general idea of ​​what is selling well on Amazon.
 
2. Major media websites, youtube, reddit, instagram, facebook, tiktok
Needless to say, everyone has played one or two of these games. I prefer to find the selling points on them.
 
3. Traditional exhibitions, this is a way I prefer, I prefer to go to various large and small exhibitions
The most direct advantage is that you can see the real thing and connect directly with the manufacturer. The quality of the exhibition has also been getting higher and higher in recent years.
 
4. Transformation of traditional foreign trade (belongs to the family factory series, we only provide reference)
 
5. There are many other e-commerce platforms, such as eBay, Lazada, Taobao, etc., which we can refer to. There should be many sellers who purchase goods on 1688.
 
6. Use some software to select products. There are many selection softwares. It depends on your own opinion. Just choose the one that suits you. I won’t give examples here.

I occasionally look at these websites, such as Amazon's refined product website (need to be translated)
 
https://www.diapers.com/Baby Products
https://www.soap.com/Daily necessities
https://www.wag.com/Pet supplies
https://www.yoyo.com/Toys
https://www.beautybar.com/Beauty
https://www.casa.com/Furniture
https://www.afterschool.com/Student supplies
https://www.vine.com/Natural Products
https://www.bookworm.com/Books
https://www.look.com/Children's Clothing
 
Step 2: Product research and potential analysis
 
① Product profit margin
②Whether it is compliant
③Whether there is a monopoly
④Seasonality
⑤ Sales volume
⑥ Freight
⑦review
⑧Price
⑨New product rate
⑩Opponent
I usually use some software to analyze, but it is also possible without software, but it is more troublesome

Backstage reply: profit, you will receive a link to a free profit calculation tool  
 
Step 3: Calculate the cost
 
1. Product cost
2. Logistics cost = freight + various handling fees
3. Operating expenses = monthly rent + listing fee + sales commission + delivery fee + advertising fee + storage fee + other expenses
4. Profit, remember to deduct the foreign currency collection fee

Step 4: Find a supplier
 
I won't go into detail about this, just solve it yourself based on your personal resources
 


- END -



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