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How to Find and Validate Winning Products: The 16 Step Product Research Guide [Video]

How to Find and Validate Winning Products: The 16 Step Product Research Guide

What is product research? Join us in this video and we will show you how to find winning products and validate your idea with these 16 steps.

Part of the product development process that helps identify customer needs and if your idea can meet market demand. The result is a better return on investment on your product.

Now that you’ve selected a product and niche to further explore and evaluate, it’s time to put it under the microscope. Without properly evaluating your product and niche idea, your choices will be random—and so will your chances of success.

Using the evaluation criteria in this video, you’ll get a much better sense of your product and niche, along with a better understanding of its strengths and the knowledge to identify its weaknesses. We will show you product research tools and tips to help you understand how your product will perform in the market.

You will likely never find a product or niche market that fits all the criteria below. But evaluating your idea against this list will give you a better understanding of your chosen product/niche, helping you avoid pitfalls and increase your overall chances of success.

Here is what we’ll cover in this video:
00:00 Introduction
01:21 What is the Potential Market Size or Demand
02:17 Who are Your Competitors?
03:02 Is it a Trend, Fad, Flat or Growing Market?
03:56 Can Your Customers Buy the Product Locally?
04:28 Who are Your Target Customers?
06:00 What is Your Potential Selling Price?
07:19 What is Your Potential MarkUp?
08:14 How Many SKUS Will You Have to Stock?
08:50 Can You Offer a Subscription?
09:25 What is Your Products Size and Weight?
10:02 How Durable is Your Product?
10:44 Will You Face Seasonality Swings?
11:32 Does Your Product Serve a Passion or Solve a Pain?
12:07 Is Your Product Consumable or Disposable?
12:31 Is Your Product Perishable?
13:08 Are There any Restrictions or Regulations?

–FREE WEBINAR–
► Hey! If you’re here looking to get started building an online business but aren’t sure what to sell and need help finding a product, make sure you check out our free, 40-minute webinar that will teach you how to find winning product ideas, how to validate them, and how to get started. Just click the link in the description below to get started with this free training now. https://bit.ly/3xcluh5

— RESOURCES —
► BuzzSumo https://buzzsumo.com/
► Trendhunter https://www.trendhunter.com/
► Alexa https://www.alexa.com/
► Product Research: The 15-Step Checklist for Finding Profitable, in-Demand Product Ideas
https://bit.ly/3iuqRnO

— FREE TRIAL —
Build your business using a 14 day FREE trial of Shopify , one platform with all the ecommerce features you need to start, run, and grow your business.
https://bit.ly/2TT0vBz

— SUBSCRIBE —
Don’t forget to subscribe to Learn With Shopify to get the knowledge you need to start and grow your online business: https://bit.ly/3cztdxN

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A COLLEGE VLOG! [Video]

back @ it with a college vlog :) you know you love it xoxo karfollow the gram- @ karleighklostermann MUSIC IN THE VID:Music by Ashes To Amber - Sun Punks - https://thmatc.co/?l=640D829E Music by Tarious Hill - Out Of Season - https://thmatc.co/?l=DE5668FBMusic by Mr. Jello - Passion Fruit - https://thmatc.co/?l=44CB9C2C

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In this video I will walk you through step by step on how to do a test order in Shopify.I recommend everyone do a test order in Shopify before launching there store live. It shows you what the customer sees and several of the pages you have setup. Checkout Page, Order confirmation etc.You will also receive some notifications that the customer would and you can edit as needed.If you are thinking about starting a Shopify store consider using my affiliate link - https://www.shopify.com/?ref=hoku-marketing-llc