Traditional Culture Encyclopedia - Traditional culture - What data should I focus on for product selection and pricing?
What data should I focus on for product selection and pricing?
1, demand trends: when selecting products, it is very important to pay attention to demand trends in the market. Understanding current and future market demand can help predict the sales potential of goods.
2. Competitive analysis: analyzing competitors' products to understand their pricing, quality, sales, etc. can help determine whether there is an opportunity to enter the market.
3, product evaluation: browse the evaluation and feedback of similar products, to understand the opinions and experiences of consumers, can effectively determine the quality and popularity of the product.
4. Stability of supply chain: Choosing products with a stable supply chain ensures a continuous supply of goods and avoids problems such as out-of-stock and delayed shipments.
5, tariffs and freight: cross-border trade needs to consider the cost of tariffs and freight, and choosing the right products and markets can avoid the negative impact of high costs.
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