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

• Table for product search

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

1. Install the Google Chrome Extension "MY AD FINDER"

2. Set up Ad Preferences

3. Find and Analyze a Winning Product on Facebook

4. 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 '---'.