In 2024, we have started a more structured way of launching products. What we do is simple. First, we do a market study. To do this, we have developed a methodology that, using tools such as Helium10 and Junglescout, allows us to obtain aggregated data and filter it by market segments that interest us. Then we analyze the data. The data is the truth. If a product does not sell, it is not for us.
What I have just discovered happens in theory
The truth is that we think about things a lot and vietnam whatsapp number data interpret them qualitatively to explain the low sales of our favorite products. I am the first one who does it unconsciously and also consciously.
In the end, it is true that we remember why we make the effort to analyze the data so meticulously and discard candidates who do not demonstrate their sales potential.
It is also true that we make
Decisions for new products based on our experience differences from other e-commerce models and knowledge of the niche. If we had not applied this “nose” we would never have discovered the top seller I told you about at the beginning of this post.
The data only shows you what is already there and malaysia data you are going to have to share it with several vendors. It is also a risk because in the end you have to be able to bring something better to the market than what already exists.
On the other hand
If you launch something new that has potential demand, you get it all. That is what we have done and what we are going to repeat by making a new bet with the potential to become a top seller. It is the “nose” based on the experience of moving in our niche for almost eight years that allows us to make this type of decision.
I think it is a good way to proceed. We will know more and have the answer by the end of the year.