One of the biggest hurdles preventing e-commerce entrepreneurs from taking the leap into selling online is figuring out what product to sell. The vast number of available choices end up being the most main reason why many individuals give up on the dream of selling products online.
In this article we will highlight the best places to find online products to sell. As you work you way through this articles, try to provide your own perspective on products and services mentioned. Consider alternative ways the product can be used. This allows entrpeneurs to visualise opportunities in new markets.
Coming up with a product to sell is a time consuming and sometimes difficult task. As a an up and coming entrepreneur always be on the look out for new trends and ideas. A product idea might come in your sleep, while you are taking a bath or perhaps even while you’re cooking.
Always be on the lookout.
An easy and straightforward place to search for ideas, is on the internet. The internet contains a plethora of ideas and trends to motivate aspiring entrepreneurs. The only hurdle with the internet is figuring out what to search for.
So the first step in the journey is,
1. What do you have or what problems can you solve
The easiest way to get started is to first look at your current product ideas or ideas that you had in the past. Reflect on your personal live or your community and see if there are any problems that do not have a tangible solution at the moment.
So points to consider are:
- What product, niche or industries are you you interested in
- What product, niche or industries are your family and friends interested in
- What problems are currently in your community
- What problems exist in your personal life
2. Your local community
Study your neighbourhood or community for new retails concepts and products.
Other sources of inspiration for new products in your community could be the local newspaper or perhaps even in Facebook groups for your local community.
3. Online Consumer Trend
A great source for new product ideas and services, is researching online consumer trends. The easiest place to research trends are Google Trends https://trends.google.com/trends/?geo=. Google Trends allows you to see the latest trends, data and visualisations from Google. Google Trends allow you to easily find out what is trending around you.
Another great source for researching trending niches and industries is Facebook Trends. According to Facebook, trending helps people to discover timely conversations about news that you consider relevant. Trending works by showing topics that are experiencing high engagement in a very short period of time. Trends are personalised on Facebook for each individual depending on factors such as:
- Pages liked
- Engagement of previous topics of interest
- Friends’ interest
4. Consumer product Review Website and Blogs
Consumer product review sites are a great source of inspiration for finding product ideas and inspiration. These websites are a great way to see what is trending daily. These product review websites often feature new products created by other entrepreneurs. Reading the comments and reviews enable entrepreneurs to obtain a brief view on a product or industry opportunities and shortcomings.
A few examples of consumer product review website and blogs are:
6. Industry Authorities and Leaders
Knowing which industry or market you are interested in, provides possibilities to discover and follow influencers in these industries. These market influencers enable entrepreneurs to discover untapped and new product and services ideas.
There are several online social media networks which allow entrepreneurs to follow influences. Among the most popular are:
7. Online Consumer Marketplaces
Online marketplaces are e-commerce websites where products and services are provided by third party businesses and entrepreneurs. These marketplaces have many products and services. Product ideas can be obtained by studying what is trending on these marketplaces.
A few examples are:
eBay is the largest online consumer auction site.
eBay Popular – is a list the most popular product categories on eBay.
eBay Watch Count is an online tool listing the most popular items based on use r engagement at the moment
Amazon is the largest internet retailer.
Amazon Bestsellers lists Amazon’s most popular products based on sales. This list is updated hourly.
Amazon Movers and Shakers this is a list of Amazon’s biggest gainers in sales over the past 24 hours. This list is also updated hourly.
Kickstarter is the largest crowd-funding website.
Kickstarter Discover allows individuals to browse all projects by popularity, funding or staff picks.
CreativeMarket is a marketplace for digital items.
Creative Trending Items allows individuals to see the current trending items and listings on the Creative market .
AliExpress is a consumer wholesale marketplace from Alibaba.
AliExpress Popular list the most popular products soldon AliExpress.
Pinterest is also a great option for discovering new product ideas. Pinterest is photo based, making it easier to scan through many products, ideas and photos quickly.
These ideas should be able to help all aspiring entrepreneurs generate new ideas easily.