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Have you come across a potential product range that seems like a “big idea,” but lacks any sales or data to support it?

Give these straightforward yet powerful techniques a try to test your product(s) and determine if it can generate sales. This will prevent you from investing in excessive stock, renting warehouse space, creating e-commerce websites, and spending a significant amount on marketing.

1. Begin Your Marketplace Selling Journey

You can apply to include a variety of products on different marketplace websites, such as Amazon, eBay, Etsy, Not On The High Street, and Groupon.

Step 2: Establish and Verify Pricing

Determine the prices for your products by factoring in listing fees, delivery, packaging, and the cost of production or purchase.

On platforms like Amazon, customers are willing to pay a higher price for products. It is possible to adjust prices at any time, so it is important to make a decision and test it out before making any necessary changes.

When it comes to delivery, there are three options available: charging the customer a separate delivery fee on top of the product cost, providing free delivery for orders over a specific amount, or factoring in the delivery cost to the product cost and offering free shipping.

3. Paying Attention to the Details

  • To guarantee complete transparency and visibility, include all pertinent information about the product.
  • Incorporate high-quality images of the product
  • Craft impactful title
  • Provide detailed description
  • Include additional information, such as color, size, weight, and country of origin
  • Highlight the unique selling points of the product(s)

4. Promotion

Popular companies such as Amazon and eBay employ Sponsored Advertising as a means of promoting your products to the appropriate audience.

5. Results Analysis

Following a time frame of 3-6 months, evaluate the outcomes to discover the top-selling products, chances for repeat customers, feedback from customers, logistical aspects, procedures, and expenses.

Is Investing a Wise Choice?

After acquiring some data, it is time to consider investing in your e-commerce infrastructure. You can also make adjustments to your offer and retest, or opt for a different product or niche.

If you require assistance with Amazon marketing, establishing an online store, or managing social media campaigns on Facebook and Google ads, please don’t hesitate to contact us at info@graphicsxpress.net

 

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