Summary of "The 5 BEST Places To Find Products To Sell Online (Product Research Tutorial)"
Product Review Summary: Finding Profitable Products to Sell Online
The video provides a tutorial on identifying profitable products to sell online, particularly aimed at dropshippers and new business owners. The host, Michelle Bally, emphasizes the importance of product selection in shaping a successful online business.
Main Features:
- Trend Publications:
- Trend Hunter: A platform with over 200,000 contributors that showcases the latest trends across various industries.
- PSFK: A membership-based site offering personalized trends and research.
- Industry Influencers:
- Dovetail: A tool to find influencers by industry and location, aiding in trend discovery.
- Other tools mentioned include Followerwonk and Alltop.
- Curation Sites:
- Pinterest: A well-known platform for discovering product ideas.
- Other sites include We Heard It Here, Dude Pins, Fancy, and Juanello, which aggregate products in a Pinterest-like format.
- B2B Wholesale Marketplaces:
- Alibaba and AliExpress: Platforms connecting consumers with manufacturers; Alibaba for bulk purchases and AliExpress for smaller quantities.
- Oberlo: A Shopify-owned marketplace that integrates with Shopify for dropshipping.
- Industry Forums:
- Suggestions for niche-specific forums (e.g., gaming, fashion, fitness) and the use of Reddit for community insights.
Pros:
- Comprehensive list of resources for product research.
- Emphasis on utilizing both trend analysis and influencer insights.
- Practical advice for new entrepreneurs on where to start.
Cons:
- The video does not provide specific product recommendations, focusing instead on research methods.
- Potential overwhelm due to the vast number of resources and platforms mentioned.
User Experience:
The host encourages viewers to engage with the material actively and provides a structured approach to brainstorming product ideas, including a five-step technique for idea generation based on existing concepts. She also promotes a free 14-day trial of Shopify to help viewers get started.
Comparisons Made:
- Differentiation between Alibaba (B2B) and AliExpress (B2C) in terms of purchasing products.
- Mention of Oberlo as a seamless integration for Shopify users, contrasting it with other marketplaces.
Unique Points Mentioned:
- Importance of selecting the right product for business success.
- Using consumer trend publications for inspiration.
- Analyzing influencer trends for product ideas.
- The role of social curation sites in gauging market interest.
- The effectiveness of B2B marketplaces for sourcing products.
- Leveraging industry forums and Reddit for niche-specific insights.
- A structured method for generating new product ideas from existing concepts.
Speaker Contributions:
- Michelle Bally: Provides the main insights and guidance throughout the video.
- Jeremy (founder of Trend Hunter): Mentioned as a case study for how trend hunting led to entrepreneurial success.
Overall Recommendation:
The video serves as a valuable resource for new entrepreneurs looking to find profitable products to sell online. It offers a range of tools and strategies for product research, making it a recommended watch for anyone in the e-commerce space.
Category
Product Review