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Quality dimensions: If most of the competing products in the entire market have negative reviews, then the quality of this product must have unsolvable pain points. We must avoid this type of product, otherwise the more we sell, the more returns and customer complaints we will have. Volume dimensions: The size of the product should be as small as possible, the unit price per customer is high, and the small size of the product is very suitable for cross-border sales.
Because if the volume is too Phone Number List large, logistics costs will account for a certain proportion and eat up most of the profits. (Although the size will block a number of competitors, the amount of capital occupied is small sellers. Because the products can only be shipped by sea, capital turnover is very troublesome.
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Development dimension: You need to choose whether the market for this product is in a growing stage. By following the trend, we can sell more easily and make profits. If customer demand continues to decrease, then the return we will get from the large amount of promotion expenses we invest will not be proportional at all. 2: How to select products – use the free product selection monkey tool to select products Here I use Product Selection Monkey (a free product selection tool) to show you how to take the first step in product selection through the tool: First select the marke.
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