How To Find And Validate WINNING PRODUCTS: The 16 Step Product Research Guide
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- Опубліковано 11 чер 2024
- ►What is product research? Join us in this video and we will show you how to find winning products and validate your idea with these 16 steps.
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Part of the product development process that helps identify customer needs and if your idea can meet market demand. The result is a better return on investment on your product.
Now that you've selected a product and niche to further explore and evaluate, it's time to put it under the microscope. Without properly evaluating your product and niche idea, your choices will be random-and so will your chances of success.
Using the evaluation criteria in this video, you’ll get a much better sense of your product and niche, along with a better understanding of its strengths and the knowledge to identify its weaknesses. We will show you product research tools and tips to help you understand how your product will perform in the market.
You will likely never find a product or niche market that fits all the criteria below. But evaluating your idea against this list will give you a better understanding of your chosen product/niche, helping you avoid pitfalls and increase your overall chances of success.
Here is what we’ll cover in this video:
00:00 Introduction
01:21 What is the Potential Market Size or Demand
02:17 Who are Your Competitors?
03:02 Is it a Trend, Fad, Flat or Growing Market?
03:56 Can Your Customers Buy the Product Locally?
04:28 Who are Your Target Customers?
06:00 What is Your Potential Selling Price?
07:19 What is Your Potential MarkUp?
08:14 How Many SKUS Will You Have to Stock?
08:50 Can You Offer a Subscription?
09:25 What is Your Products Size and Weight?
10:02 How Durable is Your Product?
10:44 Will You Face Seasonality Swings?
11:32 Does Your Product Serve a Passion or Solve a Pain?
12:07 Is Your Product Consumable or Disposable?
12:31 Is Your Product Perishable?
13:08 Are There any Restrictions or Regulations?
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► Hey! If you're here looking to get started building an online business but aren't sure what to sell and need help finding a product, make sure you check out our free, 40-minute webinar that will teach you how to find winning product ideas, how to validate them, and how to get started. Just click the link in the description below to get started with this free training now. bit.ly/3xcluh5
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► Trendhunter www.trendhunter.com/
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► Product Research: The 15-Step Checklist for Finding Profitable, in-Demand Product Ideas
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This is a good video. I specially love that you took me through one specific product's journey. Got a lot of value as a beginner. Thank you!
I haven't any hope that is success from this business I couldn't believe your words is right even though I am only watching this video
This is the most valuable video on this topic I’ve found on UA-cam. Thank you.
Glad it was helpful!
have you made any money ?
Is it just me or does she really look a bit like vanessa hudgens? She looks so happy while explaining everything which is really nice.
Love this video btw. As a beginner, these are really helpful ❤
Thanks Michelle. It was great learning and refresher.
Thanks shopify team, exactly what i needed. Great content marketing. To the moon 🚀
Appreciate you!! Awesome vids last few months!
This is a great lesson. Thanks
As usual, so helpful 👍
Thank you soooo much for the value.
Great tip, thanks mate!
What a lovely, lady. I bet she works really hard on her hair. Thanks for you info.
You are wonderful thanks.
Nice!! Good info
Thanks for your video! I'm interested in following the steps your provided! BTW, do you have any idea about Fulfillman and CJ? I have always heard about them
Yes ,will you do an info video about how to find my passion.
Step by step videos are very helpful and this video is helpful. For me, a step by step is easier to keep track of but, both work
nice video
Hi! Thanks. you video sounds interesting. your video can help me a lot. btw, I always hear about Fulfillman and CJ. do you have any information about these guys?
CJ dropshipping has its own fulfillment center you dont need to worry about packing and shipping
Great insight! But how did we get to the coconut oil...
i Can listen you , my whole life without even understanding what you are saying , you are simply gorgeous
Have I become an entrepreneur of Shopify commerce business l couldnot understand the moving activities of my store and business
I am in love with her.i just feel like listwning to her all my life
For question 1. if my market is not the US, how many search / day is a good number? Let's say the city I target is 3.31 million people.
Wish you happy Christmas day celebration with yoursfamilymembers
hi
Your gorgeous 😍
why is she gorgeous
Hi,av been following you and I need your help please
Hey Joseph, thanks for watching. Let us know what you would like assistance with, looking forward to your response.
What's her name?
why are you so cute & beautiful..?
i just noticed your eyebrows. they are not identical. now i cant not notice it
you really need to have a maintained voice, you are really un-understandable if listened through the phone speaker
man I am seriously getting too distracted. I have rewind multiple times to understand just one sentence.
sry but u are to sweet distracting each time ^^ stop doing Videos!