Using Alibaba as a Resource to Know What to Sell Online

If you are venturing into e-commerce, knowing what products to sell is very important. One of the best sources of this is Alibaba, a humongous online marketplace that links suppliers with entrepreneurs. Here's how you can use Alibaba to determine what products you should sell for your online store.
1. Know Market Demand
First of all, before looking for products to sell, know what consumers want. Utilize Google Trends to assess interest in a specific item. Browse Alibaba's best-selling items to see what's popular. Initial research helps narrow it down to products that already have solid market demand.
2. Profitability Check
Once you've identified potential products, determine the profitability of that product. In general, the 3X rule holds: sell your product for three times its cost. So if it costs you $10 to obtain a product, sell it for $30. Now you have that covered in your shipping and ad budget, at least, without making a loss.  
3. Examine Supplier's Credibility
Finding the right supplier is as important as finding the right product. On Alibaba, look for suppliers with Trade Assurance and Verified Supplier badges. This gives you confidence in their reliability and product quality. Don't hesitate to reach out and ask questions about their products and shipping options.
4. Explore Product Categories
Alibaba offers a vast spread of categories; therefore, feel free to browse all of them as you go by. Find some niches which interest you, or those less competitive niches with high demand areas. It might be vintage oversized t-shirts to tech gadgets.
5. Competitors Analysis
Check what the similar business has on offer at Amazon or eBay. Read reviews and ratings given by customers. People may have issues with some product, so by understanding the existing products, you could position your product better or maybe improve it in some aspects.
6. Stay in touch with trends
Be always alert to consumer trend publications from TrendHunter or TrendWatching, which help advance toward emerging trends. The articles help find new product opportunities with regards to changing consumer preferences before saturation.
Do product research with Alibaba, and you can increase your win in e-commerce. Use Alibaba to find out about market demand, check profitability, check the suppliers, and stay updated about trends to find that winning product in the market which your target audience needs.
Start searching on Alibaba today. Let's take the first step in launching your successful online business!
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