Finding the right product to sell is arguably the most important step in running your e-commerce business. The products you choose to sell will define the outcome of virtually everything in your business. Even if you have every other aspect of your business locked down (including optimizing your listing, finding a good supplier or having a good price) as long as you pick a bad product, you will get bad results and lose money. Indeed, product selection is a crucial decision to make and cannot be overlooked.
So now that we know how important product selection is, the only thing left now is actually knowing how to pick the right product to sell. In order to make things easier for you, I have condensed the most important things to look out for in selecting your products into a small list that is easy to understand and use when you are making this very important decision.
- Ensure your products are lightweight; you want to avoid bulky items, this would save you dollars on unnecessary extra handling fees.
- Pick marketable/sellable products within your chosen niche; do this by studying what the bestselling products in your niche and tailoring your product choice towards this direction. You want to select a product that is in DEMAND, not something that won’t sell
- Look out for durable items; avoid products that can break easily
- Choose items that allow the flexibility of optimization, modification, and improvement. This would give you a wide range of options with clients and chance to make more money
- Look out for products that encourage reoccurring purchases; essentially, these are products that will keep customers coming back more and keep your pockets FAT 🙂
I hope as you follow these tips you make better choices in selecting the best products that will get you to that goal of $45,000 per month!
We have video courses that deal with product selection and these courses have done complete justice to this topic. We go into full details, offering you expertise advice on how to select your product. We’ll show you what to sell and give you the standard 11 rules for selecting your products. You don’t want to miss out on this one.
Check it out here
Also, In our members’ area of Sells Like Hot Cakes under tools, we provide you with AMAZING tools to help make the selection of the RIGHT product and niche a piece of cake! Ensure to check that out too!
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Last Wall Comments
1.Whats BSR??
2. Whats MOQ?
Ideally you must be under 10,000 BSR to get 5-10 sales per day!
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. I till not have first sale for me :(. I don't have direction right for me? How do you make the first sale?
On my own I have set up my Shopify website with my domain, I have Oberlo and have imported lots of products and listed them, however, i am really not sure that they are worded right in the SEO way and I have been trying social marketing but still have no sales, I've been doing this for several weeks now. so I have just discovered Sells Like Hotcakes and thought that you may be able to help me with the marketing, the conversions and eventually with Amazon FBA is this something that you can do or because I have done most of the set up myself do you think I should continue on my own? I really am struggling to get past this rut where I have done everything I should do and no sales. Please help?
thanks in desperation!
Sallyann
Thank you.
I don't see a need to limit the amount of "free+shipping item" as long as you are making profits and have good margins