Task #1: Product Research
A free strategy for finding trending products for your Shopify store. Research competitors on Facebook using MyAdFinder and AdSpy.
Purpose
Find a successful product to sell → https://vecomlab.com/adspy
AdSpy is the only spy app we actively use. That's why we're offering you a free trial and a $50 discount on the first month.
Registration: https://vecomlab.com/adspy
Promocode: VECOMLAB
The video tutorial provides a detailed explanation of the strategy for finding successful products for your Shopify store. You will learn about the free method that our team actively uses.
Description
What problem does the product solve
Link to a successful competitor's website
Link to the competitor's ad library on Facebook
Link to the product on AliExpress
Meeting the key criteria outlined below
Documents
Product selection criteria
The product is unique (WOW)
The product solves a problem
The product is for a wide audience
The product is in high demand (High sales volume on AliExpress)
The product is of low availability (Not sold in traditional stores)
The product is of high quality (Reliable supplier, photo/video content)
The product complies with Facebook advertising policies
The product has successful competitors with online stores on the Shopify platform
The product has high margin or markup - (MarkUp) from 250% to 300%. The Product Cost on AliExpress is from $5 to $10. Additionally, the possible Price Range on the website is from $25 to $30
We like the product
There is content (video, images)
Where and how to find a winning product?
Facebook Ad Library
Method #1: MY AD FINDER
Install the Google Chrome Extension "MY AD FINDER"
Set up Ad Preferences
Find and Analyze a Winning Product on Facebook
Find and Analyze a Winning Product on AliExpress
Prompt for ChatGPT
To come up with a brand name.
You sell '---'. Come up with 10 unique brand name ideas in English for an online store. No more than two words, including the word '---'.
Last updated
Was this helpful?