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Last Post Oct 11, 2005 11:10 AM by: deirdre@ebay.com
Replies: 114
deirdre@ebay.com
Posts: 3,846

Member Workshop: Online Market Research & Picking Products That Sell

Sep 29, 2005 2:36 PM
Topic: Member Workshop: Online Market Research & Picking Products That Sell

Host: worldwidebrandsinc
Date: Tuesday 10/11
Time: 10:00 to 11:00 PDT
Location: Workshop Board

Description: Understanding how to pick the right products to sell online is crucial to the success of your online business. There are products you should avoid and products that can do very well. How do you know? By taking some time to research what you plan to sell. In this workshop Matthew Hedges of eBay Certified Solution Provider Worldwide Brands, Inc. will discuss some of the basic key factors of online market research and common mistakes people make when choosing the products they plan to sell.

Hope you can join us!!!!

Deirdre
eBay Community Development
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ricrdop1
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(15 of 114)

Member Workshop: Online Market Research & Picking Products That Sell

Oct 11, 2005 10:04 AM
I am fairly new to selling on e-bay. On the topic description you mention common mistakes to avoid. Could you please mention some of them.
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shellys_unique_gifts
Posts: 7
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Member Workshop: Online Market Research & Picking Products That Sell

Oct 11, 2005 10:04 AM
Good Afternoon everyone. My name is Michelle. This is the first time for me as well to join in on a workshop.
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bigjake40
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Member Workshop: Online Market Research & Picking Products That Sell

Oct 11, 2005 10:04 AM
Hello, has anyone used Wholesale Marketers as a source for products and drop shipping and what is your experience with them?
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flowersnquilts
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Member Workshop: Online Market Research & Picking Products That Sell

Oct 11, 2005 10:05 AM
Hello! I'm new to workshops, and looking forward to this one!

flowersnquilts
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worldwidebrandsinc
Posts: 476
(19 of 114)

Member Workshop: Online Market Research & Picking Products That Sell

Oct 11, 2005 10:05 AM
What is Market Research?

On the most basic level Market Research is pretty much what it sounds like. You are researching “the market”.

Market = The vast number of internet shoppers (your potential customers) and current online retailers (your potential competition)

Research = Gathering information about the Market that is directly related to a product you are thinking about selling.

Since your market is online, your research is performed online as well. Your ultimate goal with market research is to find out whether or not “product x” is a good idea to sell or whether it’s a product you should probably avoid.
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bubbadah
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Member Workshop: Online Market Research & Picking Products That Sell

Oct 11, 2005 10:05 AM
bigjake - I am trying them but not having any success.

And watch for all their add-ons to the monthly fee.

Bubbadah's Buys

Bubbadah's Buys
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stargazerx2_ee
Posts: 1
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Member Workshop: Online Market Research & Picking Products That Sell

Oct 11, 2005 10:06 AM
Good morning. My first time visiting. Looking forward to learning how ebay works.

Elizabeth
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empressmeow
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Member Workshop: Online Market Research & Picking Products That Sell

Oct 11, 2005 10:06 AM
hi
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designerdamw101
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Member Workshop: Online Market Research & Picking Products That Sell

Oct 11, 2005 10:07 AM
Hello, My name is Beverly. I'm a little confused too, but looking forward to this discussion.
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worldwidebrandsinc
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Member Workshop: Online Market Research & Picking Products That Sell

Oct 11, 2005 10:07 AM
How Important Is Market Research?

Market Research is as important to your online business as gas is to your car. If you don’t put gas in your car, what will happen? It won’t start; it won’t go… it’ll just sit there lifeless. The products you choose to sell are like the fuel for your online business.
If you pick the wrong products your business won’t start; it won’t go…it’ll just sit there lifeless.

Market Research is not something you do once and then never have to do again. When you research and find a product you can sell, that’s great! But you won’t stop there. You want to continue researching and finding new products to sell. Successful online retailers do NOT stay successful by finding and selling 1 really good product. They build multiple streams of income by finding and selling many different products. And their product choices are all based on market research.
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mayhemfrost
Posts: 1
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Member Workshop: Online Market Research & Picking Products That Sell

Oct 11, 2005 10:07 AM
I sell event tickets on E-bay right now, and I'm looking to find another item to sell within a profit margin of $50 per auction. The ticket biz is very seasonal, so another item for Xmas sales and other months is a huge priority for me right now. Is there a free research service to analyze data from E-bay?
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tamaram7847
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Member Workshop: Online Market Research & Picking Products That Sell

Oct 11, 2005 10:08 AM
hi... new to things... looking forward to learning new research tools
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deirdre@ebay.com
Posts: 3,846
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Member Workshop: Online Market Research & Picking Products That Sell

Oct 11, 2005 10:09 AM
Hi everyone and thanks for coming!

FYI: We're going to post the workshop material and then respond to your questions.

Thanks,

Deirdre
eBay Community Development
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worldwidebrandsinc
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Member Workshop: Online Market Research & Picking Products That Sell

Oct 11, 2005 10:09 AM
When you are just starting out, it’s very normal to feel a bit overwhelmed. There are so many shopping customers and so many people selling products and so many products to choose from that it’s easy to get kind of lost. This feeling of being lost often leads to poor business decisions.
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rdtraider
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Member Workshop: Online Market Research & Picking Products That Sell

Oct 11, 2005 10:09 AM
I am really interested in learning how to pick the right products to sell online. What advise would the host offer in identifying the right product and how would a seller proceed in doing this identification?
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