Amazon Product Research - Angel Lyka
•
0 likes•90 views
Product research is important to choose profitable products. The document outlines an 8-step workflow for successful product research: 1) Know your target market, 2) Conduct profitable product hunting through manual research and Amazon tools, 3) Do keyword research, 4) Check for patents, 5) Analyze data, 6) Assess price ranges from suppliers, 7) Use a profitability calculator with a minimum 30% net margin goal, and 8) Assess reviews for ways to improve listings, images, detail pages, and address ratings below 3. Competitor analysis is also important to stay on top of the market.
Report
Share
Report
Share
Download to read offline
Recommended
Amazon Product Research Tactics
This document outlines 7 steps for conducting product research on Amazon, including both manual and automated tactics. The steps are: 1) identify the target customer and their needs, 2) analyze top sellers on Amazon's Best Sellers list, 3) identify main keywords, 4) search keywords on Amazon, 5) use Helium 10's Xray Chrome extension, 6) copy sales data for top 5 sellers, and 7) gather information on top items based on the client's criteria. The overall goal is to analyze what competitors are doing and find products to sell by researching best sellers and top keywords.
Amazon Product Research Sample
Ladylyn Bue outlines a 9 step process for product research for Amazon FBA sellers. The process involves browsing Amazon categories and using Helium10 Xray to identify products, ensuring products meet criteria and are not trademarked, searching Alibaba for supplier information, checking supplier credentials, using Amazon's profitability calculator, and reviewing product feedback. The overall goal is to identify high selling products that can be profitably sold through Amazon FBA.
Amazon Product Research Sample
Ladylyn Bue outlines a 9-step process for conducting product research for Amazon FBA selling. The process involves browsing Amazon categories and using Helium10 Xray to identify top-selling products, ensuring products meet criteria and checking for patent/trademark issues, searching Alibaba for supplier information, using Amazon's profitability calculator to estimate profits, and reviewing product reviews to identify areas for improvement. The overall goal is to identify high-demand products that can be sourced and sold profitably on Amazon.
Amazon Product Research Sample
Ladylyn Bue outlines a 9-step process for conducting product research for Amazon FBA sellers. The process involves browsing Amazon categories and using Helium10 Xray to identify products, ensuring products meet criteria and have high sales without ads, using Cerebro to research keywords, checking for patents/trademarks, searching Alibaba for suppliers with trade assurance, using Amazon's profitability calculator to ensure profit margins, and reviewing product feedback. The overall goal is to identify high potential products to sell through the Amazon FBA program.
Product research presentation
This document outlines Ian Dela Rosa's product research criteria and process for finding new products to sell online. The criteria include searching for single, non-electronic products priced at $25 or more that have at least 300 units and $7,000 in sales with 500 or fewer reviews. The process involves using tools like Helium 10 to search for products meeting the criteria and analyze their keyword demand, revenue, and profit potential before selecting a product to sell.
Product research presentation
The document outlines the steps and criteria for researching a profitable product to sell on Amazon, including determining search volume, sales data, profit margins, and restrictions. It recommends using tools like Black Box, Cerebro, and the Amazon Profitability Calculator to analyze keywords, choose a product, and check profitability. Finally, it provides contact information for Jeric Mondia who can assist with product research.
Product Research Presentation
This document provides guidance on researching potential products to sell on Amazon. It outlines important criteria for a good product such as having a selling price of $20 or more, a net margin of 40% or higher, low competition with 500 reviews or less, and monthly demand of 500 units or more. Tools mentioned that can help validate product demand are Helium 10 X-Ray, Unicorn Smasher, and Jungle Scout. A 10 step process is also provided for identifying products from the best seller list and analyzing their profitability and competition using these tools.
Keyword research presentation
This document provides instructions for conducting keyword research in 3 stages: basic, intermediate, and advanced. The basic approach involves determining relevant search terms, identifying competitors' highest sales and reviews, and using Helium 10 Cerebro to find related keywords. The intermediate method adds analyzing product reviews for additional keywords. The advanced process examines the top 1-5 competitors' sales, reviews, and related keywords in Cerebro to build a final keyword bank. Excel is used to organize the findings which are then filtered and sorted to identify the highest potential keywords.
Recommended
Amazon Product Research Tactics
This document outlines 7 steps for conducting product research on Amazon, including both manual and automated tactics. The steps are: 1) identify the target customer and their needs, 2) analyze top sellers on Amazon's Best Sellers list, 3) identify main keywords, 4) search keywords on Amazon, 5) use Helium 10's Xray Chrome extension, 6) copy sales data for top 5 sellers, and 7) gather information on top items based on the client's criteria. The overall goal is to analyze what competitors are doing and find products to sell by researching best sellers and top keywords.
Amazon Product Research Sample
Ladylyn Bue outlines a 9 step process for product research for Amazon FBA sellers. The process involves browsing Amazon categories and using Helium10 Xray to identify products, ensuring products meet criteria and are not trademarked, searching Alibaba for supplier information, checking supplier credentials, using Amazon's profitability calculator, and reviewing product feedback. The overall goal is to identify high selling products that can be profitably sold through Amazon FBA.
Amazon Product Research Sample
Ladylyn Bue outlines a 9-step process for conducting product research for Amazon FBA selling. The process involves browsing Amazon categories and using Helium10 Xray to identify top-selling products, ensuring products meet criteria and checking for patent/trademark issues, searching Alibaba for supplier information, using Amazon's profitability calculator to estimate profits, and reviewing product reviews to identify areas for improvement. The overall goal is to identify high-demand products that can be sourced and sold profitably on Amazon.
Amazon Product Research Sample
Ladylyn Bue outlines a 9-step process for conducting product research for Amazon FBA sellers. The process involves browsing Amazon categories and using Helium10 Xray to identify products, ensuring products meet criteria and have high sales without ads, using Cerebro to research keywords, checking for patents/trademarks, searching Alibaba for suppliers with trade assurance, using Amazon's profitability calculator to ensure profit margins, and reviewing product feedback. The overall goal is to identify high potential products to sell through the Amazon FBA program.
Product research presentation
This document outlines Ian Dela Rosa's product research criteria and process for finding new products to sell online. The criteria include searching for single, non-electronic products priced at $25 or more that have at least 300 units and $7,000 in sales with 500 or fewer reviews. The process involves using tools like Helium 10 to search for products meeting the criteria and analyze their keyword demand, revenue, and profit potential before selecting a product to sell.
Product research presentation
The document outlines the steps and criteria for researching a profitable product to sell on Amazon, including determining search volume, sales data, profit margins, and restrictions. It recommends using tools like Black Box, Cerebro, and the Amazon Profitability Calculator to analyze keywords, choose a product, and check profitability. Finally, it provides contact information for Jeric Mondia who can assist with product research.
Product Research Presentation
This document provides guidance on researching potential products to sell on Amazon. It outlines important criteria for a good product such as having a selling price of $20 or more, a net margin of 40% or higher, low competition with 500 reviews or less, and monthly demand of 500 units or more. Tools mentioned that can help validate product demand are Helium 10 X-Ray, Unicorn Smasher, and Jungle Scout. A 10 step process is also provided for identifying products from the best seller list and analyzing their profitability and competition using these tools.
Keyword research presentation
This document provides instructions for conducting keyword research in 3 stages: basic, intermediate, and advanced. The basic approach involves determining relevant search terms, identifying competitors' highest sales and reviews, and using Helium 10 Cerebro to find related keywords. The intermediate method adds analyzing product reviews for additional keywords. The advanced process examines the top 1-5 competitors' sales, reviews, and related keywords in Cerebro to build a final keyword bank. Excel is used to organize the findings which are then filtered and sorted to identify the highest potential keywords.
How to find a winning product on amazon
Product research involves analyzing market trends to identify winning products that can generate high sales. It is important to do product research because choosing the right product accounts for 80% of success on Amazon. There are manual and automated methods for product research, with the automated method involving 5 steps: examining product criteria, identifying a target market, getting top keyword search volumes, downloading sales data from Helium 10 sorted by revenue, and analyzing product profitability.
Product research presentation
This document provides guidance on how to conduct product research to find a profitable product to sell on Amazon. It recommends analyzing criteria such as keyword search volume, ensuring the product is not patented or hazardous, and that it is eligible for advertising. Additional criteria include an average price of $25 or more, average sales of 300 units or more, average revenue of $7,000 or more per seller, and an average review count of 500 or fewer. The document examines tactical backpacks as a sample product and finds it meets the criteria. It also provides tips on areas of a product that could be improved based on customer reviews.
Product research presentation
This document outlines Jonel De Leon's process for finding a profitable product to sell on Amazon. It involves setting criteria for high demand, low competition products. Tactical backpacks are identified as a potential product after researching market trends and demand using Helium 10 tools. Three suppliers are evaluated on Alibaba and product reviews are analyzed to identify opportunities for improvements. The process allows for evaluating a product's viability and making informed decisions for a new Amazon business.
Amazan FBA
Amazon FBA Presentation.
To design your presentation please check: https://www.fiverr.com/share/Ne7Lao
Aglo16 9
This document introduces Aglo, a solution that uses crowdsourced smartphone data to provide retailers insights into in-store conditions. By having shoppers complete surveys on their smartphone app while in stores, Aglo can gather real-time data on category presence, product placement, promotions, pricing, and more for retailers. This low-cost approach aims to replace traditional in-person store audits. The document outlines how Aglo works, what types of in-store research it facilitates, recommended pricing plans, and company information.
Selling in Amazon - Best Strategies
This document outlines best strategies for selling on Amazon. It discusses listing products on Amazon, including listing new products and adding to existing listings. It also covers bulk listing of products and automated listing. Pricing strategy is also an important factor, as sellers need to offer competitive pricing to get sales. The conclusion recommends listing a large number and variety of products, using drop shipping, employing correct pricing strategy, and leveraging product listing automation tools.
Aglo Intro
This document introduces Aglo, a solution that uses crowdsourcing via a smartphone app to conduct in-store retail research for brands. By having shoppers complete "missions" in specific stores, Aglo provides brands with accurate, verified data on category information, product location, promotions, stock levels, pricing, and competitor information. This helps brands understand what is happening in their stores. Traditional in-store research methods are costly, prone to errors, and difficult to correct, while Aglo's solution is more cost-effective, accurate, flexible, and allows brands to monitor results and correct course in real-time. Pricing for Aglo's store surveys starts at $10 per city store and includes photos and questions,
Product Research Presentation
Product research involves analyzing market trends to find products with high sales and good profit margins. The steps in product research include finding products that meet specific criteria like having a sales volume of at least 300 units and a revenue of $7,000 or more while maintaining a profit margin of 30% or higher. Key aspects of product research include identifying 3 main keywords with search volumes over 2,000, ensuring there are no patent or trademark issues, and analyzing positive and negative reviews to identify opportunities.
Yehoshua Coren - Analytics Ninja (All Things Data 2015)
This presentation provides an overview of the Enhance Ecommerce platform, including its core features for product lists, merchandising, custom dimensions and metrics, checkout behavior, and segmentation capabilities. Some key strengths highlighted are the ability to send multiple product impressions in a single hit and track internal promotions and discounts. The presenter provides examples of how the data can be used for advertising, merchandising decisions, and remarketing. However, some limitations around session data and rigid vocabulary are noted. Overall, the presenter views Enhance Ecommerce as providing many actionable insights.
eTail West 2016: What Really Works in Google Shopping
Product and growth is quickly outpacing text ads in Google. Take advantage of this shift and stay ahead of your competitors by creating smarter Google Shopping campaigns. Discover how Hydro Flask saw significant growth by applying a few simple but powerful strategies to their Google Shopping campaigns. Hydro Flask will share their experience on profitably integrating Google Shopping into their larger marketing plan, while paid search expert Denis Coombes shares specific strategies you can use to see great results in your own campaigns.
20171023 5 Lifehacks: How to Analyze a Pack of Websites
1) Managing multiple websites requires setting up tracking and analytics properly across websites using Google Analytics and Google Tag Manager best practices.
2) GTM allows for flexible and fast tracking of everything across websites using one master GTM container exported and imported to other containers.
3) Custom alerts and dashboards in GA help monitor website performance daily and weekly.
4) Automating reporting with spreadsheet reports connected to GA via APIs and scheduled sending reduces work and ensures timely insights.
5) Coordinating websites takes some project management, communication, and keeping the overall picture in view.
Elevating Your Amazon Retail Advance Strategy Part 5
Welcome to "Advancing Your Amazon Retail Strategy: Part 5," the final segment in our series dedicated to maximizing success with Amazon's advanced retail solutions. In this presentation, we'll explore advanced strategies and tactics tailored to elevate your Amazon Retail Advance strategy and drive sustained growth on the platform.
Firstly, let's delve into advanced advertising and marketing techniques. In addition to Sponsored Products and Sponsored Brands ads, you can leverage Amazon DSP, video ads, and influencer partnerships to expand your brand's reach. Learn how to target specific audience segments and optimize ad performance for maximum impact and ROI.
Next, we'll discuss cross-channel integration and omnichannel marketing. Integrating your Amazon store with other sales channels, like your website or social media platforms, can broaden your audience and boost sales. Discover strategies for coordinating marketing efforts across channels to deliver a seamless shopping experience for customers.
Furthermore, we'll explore international expansion strategies. Selling internationally presents new growth opportunities but also unique challenges. Learn advanced tactics for expanding into new markets, including thorough market research, localization efforts, and fulfillment optimization to ensure success abroad.
Additionally, safeguarding your brand is crucial as you grow on Amazon. Advanced brand protection and enforcement strategies help combat counterfeiters and maintain brand integrity. Discover techniques for monitoring and enforcing your brand rights effectively across the platform.
Moreover, optimizing the customer experience is paramount. Exceptional customer service and a seamless shopping journey build trust and loyalty. Explore advanced techniques for enhancing product listings, streamlining checkout processes, and providing personalized customer support.
In conclusion, mastering these advanced strategies will empower you to elevate your Amazon Retail Advance strategy and achieve sustained success on the platform. By leveraging advanced advertising, cross-channel integration, international expansion, brand protection, and customer experience optimization tactics, you'll be well-equipped to thrive in the competitive e-commerce landscape and maximize your potential on Amazon's platform. Join us as we advance your Amazon Retail strategy to new heights of success.
Product Reseach
The document outlines a 7-step strategy for researching products on Amazon that have potential for high sales and profits. It describes tools for analyzing market trends, determining target keywords and markets, evaluating average sales and profit margins for competitor products. The goal is to identify an unoptimized product that fits specific criteria and can be improved upon to generate more revenue for an Amazon business.
Survey analytics conjointanalysis_1
1) The document provides an overview of a webinar on conducting discrete choice conjoint analysis projects using SurveyAnalytics software.
2) It discusses key aspects of setting up a conjoint analysis study such as defining attributes and levels, sample size considerations, and best practices for survey design.
3) The webinar demonstrates how to interpret conjoint analysis outputs including relative importance scores and market simulations.
Product Research
Product research is the process of validating a product idea and determining if it will be successful. It helps identify customer needs and whether an idea can meet market demand. There are several tools and methods that can be used for product research, including automated tools like Helium10 and manual research on sites like Amazon, eBay, and Alibaba. The key steps in product research are to analyze product keywords, search volume trends, sales and review data, estimate costs and profit margins, review customer feedback, and identify opportunities to improve the product. Following this process helps find a potential winning product to sell profitably on Amazon.
Discover Your Ideal Niche Effortlessly and Say Farewell to Guesswork.pdf
Niche Pig Pro is a niche research tool that uses artificial intelligence to analyze keywords, competitions, and market trends to discover profitable niche ideas effortlessly. It provides a comprehensive analysis of opportunities in potential niches and rates them based on demand, marketing potential and competition level. This helps identify high growth niches for commercializing products and services.
Learn how to do a conjoint analysis project in 1 hr
Survey Analytics provides conjoint analysis software to help companies evaluate new products and variations of existing products. The software allows users to define product attributes and levels, conduct surveys to assess consumer preferences, and analyze results. Key features include an intuitive interface for setting up studies, previewing concepts, and reviewing utility values and relative importance of attributes. The software also includes a market segmentation simulator that allows predicting how changes to products may impact market share. Conjoint analysis provides a cost-effective way to test concepts without full product development and can help optimize offerings to meet consumer demands.
CONJOINT ANALYSIS
Conjoint analysis helps marketers answer key questions by determining how customers make trade-offs between product features and pricing. It involves customers choosing between competing product offers to understand which features provide the most value. Conjoint analysis can determine the best pricing strategy given features, potential market share of new products, and has been used successfully in business and legal cases.
Market Validation (Scale) (4).pdf
This document discusses the importance of market validation for startups. It provides an overview of market validation and its outcomes. Some key points include:
- Market validation is the process of validating a product or service with the target audience before launch to determine if they like it and are willing to pay for it. This helps avoid failures and identify the business model.
- Various techniques for market validation are discussed, including primary/secondary research, prototypes, MVPs, A/B testing, surveys, and interviews.
- The document also covers experiment administration, analysis, and ensuring scalability through growth strategies and understanding customer needs and market trends.
Conversion Rate Optimization for Business Growth
Conversion rate optimization is often limited to testing elements of a website. Button colors, button sizes, images and image placements are few common elements that are tested for optimization. Conversion Rate Optimization can be easily used to optimize beyond website elements to optimize business outcomes.
In this webinar, we will discuss how psychological theories, behavioral insights, research insights and insights through usability testing can be used to build hypothesis for testing. We will also discuss how these hypotheses can be effectively tested and implemented to gain optimum business outcomes.
More Related Content
What's hot
How to find a winning product on amazon
Product research involves analyzing market trends to identify winning products that can generate high sales. It is important to do product research because choosing the right product accounts for 80% of success on Amazon. There are manual and automated methods for product research, with the automated method involving 5 steps: examining product criteria, identifying a target market, getting top keyword search volumes, downloading sales data from Helium 10 sorted by revenue, and analyzing product profitability.
Product research presentation
This document provides guidance on how to conduct product research to find a profitable product to sell on Amazon. It recommends analyzing criteria such as keyword search volume, ensuring the product is not patented or hazardous, and that it is eligible for advertising. Additional criteria include an average price of $25 or more, average sales of 300 units or more, average revenue of $7,000 or more per seller, and an average review count of 500 or fewer. The document examines tactical backpacks as a sample product and finds it meets the criteria. It also provides tips on areas of a product that could be improved based on customer reviews.
Product research presentation
This document outlines Jonel De Leon's process for finding a profitable product to sell on Amazon. It involves setting criteria for high demand, low competition products. Tactical backpacks are identified as a potential product after researching market trends and demand using Helium 10 tools. Three suppliers are evaluated on Alibaba and product reviews are analyzed to identify opportunities for improvements. The process allows for evaluating a product's viability and making informed decisions for a new Amazon business.
Amazan FBA
Amazon FBA Presentation.
To design your presentation please check: https://www.fiverr.com/share/Ne7Lao
Aglo16 9
This document introduces Aglo, a solution that uses crowdsourced smartphone data to provide retailers insights into in-store conditions. By having shoppers complete surveys on their smartphone app while in stores, Aglo can gather real-time data on category presence, product placement, promotions, pricing, and more for retailers. This low-cost approach aims to replace traditional in-person store audits. The document outlines how Aglo works, what types of in-store research it facilitates, recommended pricing plans, and company information.
Selling in Amazon - Best Strategies
This document outlines best strategies for selling on Amazon. It discusses listing products on Amazon, including listing new products and adding to existing listings. It also covers bulk listing of products and automated listing. Pricing strategy is also an important factor, as sellers need to offer competitive pricing to get sales. The conclusion recommends listing a large number and variety of products, using drop shipping, employing correct pricing strategy, and leveraging product listing automation tools.
Aglo Intro
This document introduces Aglo, a solution that uses crowdsourcing via a smartphone app to conduct in-store retail research for brands. By having shoppers complete "missions" in specific stores, Aglo provides brands with accurate, verified data on category information, product location, promotions, stock levels, pricing, and competitor information. This helps brands understand what is happening in their stores. Traditional in-store research methods are costly, prone to errors, and difficult to correct, while Aglo's solution is more cost-effective, accurate, flexible, and allows brands to monitor results and correct course in real-time. Pricing for Aglo's store surveys starts at $10 per city store and includes photos and questions,
Product Research Presentation
Product research involves analyzing market trends to find products with high sales and good profit margins. The steps in product research include finding products that meet specific criteria like having a sales volume of at least 300 units and a revenue of $7,000 or more while maintaining a profit margin of 30% or higher. Key aspects of product research include identifying 3 main keywords with search volumes over 2,000, ensuring there are no patent or trademark issues, and analyzing positive and negative reviews to identify opportunities.
Yehoshua Coren - Analytics Ninja (All Things Data 2015)
This presentation provides an overview of the Enhance Ecommerce platform, including its core features for product lists, merchandising, custom dimensions and metrics, checkout behavior, and segmentation capabilities. Some key strengths highlighted are the ability to send multiple product impressions in a single hit and track internal promotions and discounts. The presenter provides examples of how the data can be used for advertising, merchandising decisions, and remarketing. However, some limitations around session data and rigid vocabulary are noted. Overall, the presenter views Enhance Ecommerce as providing many actionable insights.
eTail West 2016: What Really Works in Google Shopping
Product and growth is quickly outpacing text ads in Google. Take advantage of this shift and stay ahead of your competitors by creating smarter Google Shopping campaigns. Discover how Hydro Flask saw significant growth by applying a few simple but powerful strategies to their Google Shopping campaigns. Hydro Flask will share their experience on profitably integrating Google Shopping into their larger marketing plan, while paid search expert Denis Coombes shares specific strategies you can use to see great results in your own campaigns.
20171023 5 Lifehacks: How to Analyze a Pack of Websites
1) Managing multiple websites requires setting up tracking and analytics properly across websites using Google Analytics and Google Tag Manager best practices.
2) GTM allows for flexible and fast tracking of everything across websites using one master GTM container exported and imported to other containers.
3) Custom alerts and dashboards in GA help monitor website performance daily and weekly.
4) Automating reporting with spreadsheet reports connected to GA via APIs and scheduled sending reduces work and ensures timely insights.
5) Coordinating websites takes some project management, communication, and keeping the overall picture in view.
What's hot (11)
Yehoshua Coren - Analytics Ninja (All Things Data 2015)
Yehoshua Coren - Analytics Ninja (All Things Data 2015)
eTail West 2016: What Really Works in Google Shopping
eTail West 2016: What Really Works in Google Shopping
20171023 5 Lifehacks: How to Analyze a Pack of Websites
20171023 5 Lifehacks: How to Analyze a Pack of Websites
Similar to Amazon Product Research - Angel Lyka
Elevating Your Amazon Retail Advance Strategy Part 5
Welcome to "Advancing Your Amazon Retail Strategy: Part 5," the final segment in our series dedicated to maximizing success with Amazon's advanced retail solutions. In this presentation, we'll explore advanced strategies and tactics tailored to elevate your Amazon Retail Advance strategy and drive sustained growth on the platform.
Firstly, let's delve into advanced advertising and marketing techniques. In addition to Sponsored Products and Sponsored Brands ads, you can leverage Amazon DSP, video ads, and influencer partnerships to expand your brand's reach. Learn how to target specific audience segments and optimize ad performance for maximum impact and ROI.
Next, we'll discuss cross-channel integration and omnichannel marketing. Integrating your Amazon store with other sales channels, like your website or social media platforms, can broaden your audience and boost sales. Discover strategies for coordinating marketing efforts across channels to deliver a seamless shopping experience for customers.
Furthermore, we'll explore international expansion strategies. Selling internationally presents new growth opportunities but also unique challenges. Learn advanced tactics for expanding into new markets, including thorough market research, localization efforts, and fulfillment optimization to ensure success abroad.
Additionally, safeguarding your brand is crucial as you grow on Amazon. Advanced brand protection and enforcement strategies help combat counterfeiters and maintain brand integrity. Discover techniques for monitoring and enforcing your brand rights effectively across the platform.
Moreover, optimizing the customer experience is paramount. Exceptional customer service and a seamless shopping journey build trust and loyalty. Explore advanced techniques for enhancing product listings, streamlining checkout processes, and providing personalized customer support.
In conclusion, mastering these advanced strategies will empower you to elevate your Amazon Retail Advance strategy and achieve sustained success on the platform. By leveraging advanced advertising, cross-channel integration, international expansion, brand protection, and customer experience optimization tactics, you'll be well-equipped to thrive in the competitive e-commerce landscape and maximize your potential on Amazon's platform. Join us as we advance your Amazon Retail strategy to new heights of success.
Product Reseach
The document outlines a 7-step strategy for researching products on Amazon that have potential for high sales and profits. It describes tools for analyzing market trends, determining target keywords and markets, evaluating average sales and profit margins for competitor products. The goal is to identify an unoptimized product that fits specific criteria and can be improved upon to generate more revenue for an Amazon business.
Survey analytics conjointanalysis_1
1) The document provides an overview of a webinar on conducting discrete choice conjoint analysis projects using SurveyAnalytics software.
2) It discusses key aspects of setting up a conjoint analysis study such as defining attributes and levels, sample size considerations, and best practices for survey design.
3) The webinar demonstrates how to interpret conjoint analysis outputs including relative importance scores and market simulations.
Product Research
Product research is the process of validating a product idea and determining if it will be successful. It helps identify customer needs and whether an idea can meet market demand. There are several tools and methods that can be used for product research, including automated tools like Helium10 and manual research on sites like Amazon, eBay, and Alibaba. The key steps in product research are to analyze product keywords, search volume trends, sales and review data, estimate costs and profit margins, review customer feedback, and identify opportunities to improve the product. Following this process helps find a potential winning product to sell profitably on Amazon.
Discover Your Ideal Niche Effortlessly and Say Farewell to Guesswork.pdf
Niche Pig Pro is a niche research tool that uses artificial intelligence to analyze keywords, competitions, and market trends to discover profitable niche ideas effortlessly. It provides a comprehensive analysis of opportunities in potential niches and rates them based on demand, marketing potential and competition level. This helps identify high growth niches for commercializing products and services.
Learn how to do a conjoint analysis project in 1 hr
Survey Analytics provides conjoint analysis software to help companies evaluate new products and variations of existing products. The software allows users to define product attributes and levels, conduct surveys to assess consumer preferences, and analyze results. Key features include an intuitive interface for setting up studies, previewing concepts, and reviewing utility values and relative importance of attributes. The software also includes a market segmentation simulator that allows predicting how changes to products may impact market share. Conjoint analysis provides a cost-effective way to test concepts without full product development and can help optimize offerings to meet consumer demands.
CONJOINT ANALYSIS
Conjoint analysis helps marketers answer key questions by determining how customers make trade-offs between product features and pricing. It involves customers choosing between competing product offers to understand which features provide the most value. Conjoint analysis can determine the best pricing strategy given features, potential market share of new products, and has been used successfully in business and legal cases.
Market Validation (Scale) (4).pdf
This document discusses the importance of market validation for startups. It provides an overview of market validation and its outcomes. Some key points include:
- Market validation is the process of validating a product or service with the target audience before launch to determine if they like it and are willing to pay for it. This helps avoid failures and identify the business model.
- Various techniques for market validation are discussed, including primary/secondary research, prototypes, MVPs, A/B testing, surveys, and interviews.
- The document also covers experiment administration, analysis, and ensuring scalability through growth strategies and understanding customer needs and market trends.
Conversion Rate Optimization for Business Growth
Conversion rate optimization is often limited to testing elements of a website. Button colors, button sizes, images and image placements are few common elements that are tested for optimization. Conversion Rate Optimization can be easily used to optimize beyond website elements to optimize business outcomes.
In this webinar, we will discuss how psychological theories, behavioral insights, research insights and insights through usability testing can be used to build hypothesis for testing. We will also discuss how these hypotheses can be effectively tested and implemented to gain optimum business outcomes.
Min online webinar-montizecontent-markohurst-2011
I was 1 of 4 panelists for a minOnline webinar - http://www.minonline.com/training/webinar-march24-2011.html
This is my updated portion of that talk.
Value chain analysis
Value chain analysis was first suggested by Michael Porter in 1995 as a way to present how value is constructed for the end customer. It can be used to increase competitiveness, reduce costs, and improve market share, ultimately improving overall profitability. Value chain analysis involves examining a firm's internal costs and processes that differentiate its products or services from competitors, as well as vertical linkages along the entire supply chain from suppliers to end customers. Firms can use value chain analysis along with frameworks like industry structure analysis, core competencies analysis, and segmentation analysis to develop strategies to enhance competitiveness.
Copyright Strategyzer AG The makers of Business Model Genera.docx
Copyright Strategyzer AG
The makers of Business Model Generation and Strategyzer strategyzer.com
Testing is usually associated with expensive pilot projects at the end of the product
development process when it’s usually too late to make major modifications or change course.
In the following pages we outline a number of testing techniques that you can already apply
during the search and design phase of your business ideas. These techniques enable you to
generate market facts rapidly and cheaply while you are still seeking to understand your
customers and design your value proposition and business model.
As outlined earlier, testing goes beyond interviewing or market observations, and gets
potential customers to perform certain actions that prove their interest.
This type of testing can be applied as early as the instance you have an idea. The facts you
gather in the process should continuously inform your search for great value propositions
and business models.
We identified three categories of testing techniques:
• Testing interest & relevance
• Testing willingness & ability to pay
• Testing preferences & priorities
Now get out there and start testing!
Testing Your
Business Model
A Reference Guide
Copyright Strategyzer AG
The makers of Business Model Generation and Strategyzer strategyzer.com
What you measure:
Do potential customers show interest in your ideas? Are your ideas relevant to
them? Are they interested enough to perform an action?
You can start testing the interest and relevance of your ideas with customers before even
having a concrete value proposition in mind. By testing jobs, pains, and gains you can figure
out if customers even care about the issues you intend to address.
The following techniques allow you to get started on testing your customers’ interest:
• Ad Tracking / “Fake” Ads
• Landing Pages
Ad tracking / “Fake” Ads /
Ad tracking is an established technique that is used by advertisers to measure the effective-
ness of ad spending. The same technique can be used in a powerful way to track the interest
or lack of interest of potential customers for a new value proposition that doesn’t even exist
yet. If few or no potential customers respond to your ad campaign they either don’t have the
job, pain, or gain you are planning to address or they don’t see fit in your advertised value
proposition.
Tear-off ads or flyers are a low-cost and low-tech way to learn from a local
advertising campaign.
Testing Interest
& Relevance
Copyright Strategyzer AG
The makers of Business Model Generation and Strategyzer strategyzer.com
Google ads are a very scalable way to test potential customers’ reactions to
certain search terms. With a small budget you can run a campaign on Google
AdWords and you only pay if people click on your ads and visit your landing page.
Billboard, magazine, or online banner ads
are a very rich, but usually more expensive
way to tes.
quantitative methods in market research
Workshop on quantitative methods in market research/ feb. 2022/ Topics: Key Performance Indicators/Cross Tabulation and Multiple- Response Questions/Data Mapping in Market Research/Brand Mapping/Brand Image/Brand Asset Valuation/Other Indictors in Market Research/Total unduplicated reach and frequency/Price sensitivity meter/Gabor- Granger pricing method/Conjoint analysis/Customer Segmentation (RFM Analysis)
Marketing Analytics.pptx
This document discusses marketing analytics and conjoint analysis. It defines marketing analytics as combining concepts of marketing and business analytics to solve broader marketing problems by breaking them into smaller questions. Conjoint analysis is introduced as a way to identify what attributes of a product or service consumers value most by having them evaluate combinations of attributes. The document provides examples of how conjoint analysis could be applied to new phone development by having consumers choose between combinations of phone brand, storage, RAM, etc. It outlines the steps of defining attributes and levels, creating combinations for consumers to evaluate, collecting their data, and interpreting the results.
Competitor analaysis
A competitive analysis involves gathering information about competitors' products, practices, strengths, and weaknesses in order to assess one's own position in the market. It helps businesses identify ways to attract new customers and retain existing ones. A competitive analysis reveals a company's strengths and weaknesses compared to competitors, identifies primary and secondary competitors, and determines how products and marketing can be improved. It evaluates the features and functions of a company's products against competitors' offerings.
Digital Marketing Strategy Template .pptx
Digital Marketing Company In Panipat
A leading digital marketing company in Panipat, offering expert services like SEO, Social Media management, and website development.
Digital Marketing Stategy in 2024 by Sachin Academy
The document provides a template and guidance for creating a digital marketing strategy. It outlines 7 key parts: 1) Understanding your industry, competition, and buyers; 2) Understanding digital channels; 3) Understanding marketing metrics and goals; 4) Creating the digital marketing strategy using the "5Ds" - digital technology, data, channels, metrics, and devices; 5) How to start implementing the strategy. The document provides detailed explanations and examples for each part, advising businesses to analyze their market position, identify target audiences, select appropriate digital channels, define goals and metrics, and develop a customized strategy using the right technologies and data.
Digital marketing strategy template by pink powerco 2020
Digital marketing strategy template by pink powerco 2020Rama Reddy Kovvuri (Lean Six Sigma, CMMI, ISO QMS LA, ITIL)
The document provides a template and guidance for creating a digital marketing strategy. It outlines 7 key parts: 1) Understanding your industry, competition, and buyers; 2) Understanding digital channels; 3) Understanding marketing metrics and goals; 4) Creating the digital marketing strategy using the "5Ds" - digital technology, data, channels, metrics, and devices; 5) How to start implementing the strategy. The document provides detailed explanations and examples for each part, advising businesses to analyze their market position, identify target audiences, select appropriate digital channels, define goals and metrics, and develop a customized strategy using the right technologies and data.Similar to Amazon Product Research - Angel Lyka (20)
Elevating Your Amazon Retail Advance Strategy Part 5
Elevating Your Amazon Retail Advance Strategy Part 5
Discover Your Ideal Niche Effortlessly and Say Farewell to Guesswork.pdf
Discover Your Ideal Niche Effortlessly and Say Farewell to Guesswork.pdf
Learn how to do a conjoint analysis project in 1 hr
Learn how to do a conjoint analysis project in 1 hr
Copyright Strategyzer AG The makers of Business Model Genera.docx
Copyright Strategyzer AG The makers of Business Model Genera.docx
Digital Marketing Stategy in 2024 by Sachin Academy
Digital Marketing Stategy in 2024 by Sachin Academy
Digital marketing strategy template by pink powerco 2020
Digital marketing strategy template by pink powerco 2020
Recently uploaded
Communications Mining Series - Zero to Hero - Session 1
This session provides introduction to UiPath Communication Mining, importance and platform overview. You will acquire a good understand of the phases in Communication Mining as we go over the platform with you. Topics covered:
• Communication Mining Overview
• Why is it important?
• How can it help today’s business and the benefits
• Phases in Communication Mining
• Demo on Platform overview
• Q/A
Artificial Intelligence for XMLDevelopment
In the rapidly evolving landscape of technologies, XML continues to play a vital role in structuring, storing, and transporting data across diverse systems. The recent advancements in artificial intelligence (AI) present new methodologies for enhancing XML development workflows, introducing efficiency, automation, and intelligent capabilities. This presentation will outline the scope and perspective of utilizing AI in XML development. The potential benefits and the possible pitfalls will be highlighted, providing a balanced view of the subject.
We will explore the capabilities of AI in understanding XML markup languages and autonomously creating structured XML content. Additionally, we will examine the capacity of AI to enrich plain text with appropriate XML markup. Practical examples and methodological guidelines will be provided to elucidate how AI can be effectively prompted to interpret and generate accurate XML markup.
Further emphasis will be placed on the role of AI in developing XSLT, or schemas such as XSD and Schematron. We will address the techniques and strategies adopted to create prompts for generating code, explaining code, or refactoring the code, and the results achieved.
The discussion will extend to how AI can be used to transform XML content. In particular, the focus will be on the use of AI XPath extension functions in XSLT, Schematron, Schematron Quick Fixes, or for XML content refactoring.
The presentation aims to deliver a comprehensive overview of AI usage in XML development, providing attendees with the necessary knowledge to make informed decisions. Whether you’re at the early stages of adopting AI or considering integrating it in advanced XML development, this presentation will cover all levels of expertise.
By highlighting the potential advantages and challenges of integrating AI with XML development tools and languages, the presentation seeks to inspire thoughtful conversation around the future of XML development. We’ll not only delve into the technical aspects of AI-powered XML development but also discuss practical implications and possible future directions.
How to Get CNIC Information System with Paksim Ga.pptx
Pakdata Cf is a groundbreaking system designed to streamline and facilitate access to CNIC information. This innovative platform leverages advanced technology to provide users with efficient and secure access to their CNIC details.
GraphSummit Singapore | Enhancing Changi Airport Group's Passenger Experience...
Dr. Sean Tan, Head of Data Science, Changi Airport Group
Discover how Changi Airport Group (CAG) leverages graph technologies and generative AI to revolutionize their search capabilities. This session delves into the unique search needs of CAG’s diverse passengers and customers, showcasing how graph data structures enhance the accuracy and relevance of AI-generated search results, mitigating the risk of “hallucinations” and improving the overall customer journey.
UiPath Test Automation using UiPath Test Suite series, part 5
Welcome to UiPath Test Automation using UiPath Test Suite series part 5. In this session, we will cover CI/CD with devops.
Topics covered:
CI/CD with in UiPath
End-to-end overview of CI/CD pipeline with Azure devops
Speaker:
Lyndsey Byblow, Test Suite Sales Engineer @ UiPath, Inc.
20240607 QFM018 Elixir Reading List May 2024
Everything I found interesting about the Elixir programming ecosystem in May 2024
Unlock the Future of Search with MongoDB Atlas_ Vector Search Unleashed.pdf
Discover how MongoDB Atlas and vector search technology can revolutionize your application's search capabilities. This comprehensive presentation covers:
* What is Vector Search?
* Importance and benefits of vector search
* Practical use cases across various industries
* Step-by-step implementation guide
* Live demos with code snippets
* Enhancing LLM capabilities with vector search
* Best practices and optimization strategies
Perfect for developers, AI enthusiasts, and tech leaders. Learn how to leverage MongoDB Atlas to deliver highly relevant, context-aware search results, transforming your data retrieval process. Stay ahead in tech innovation and maximize the potential of your applications.
#MongoDB #VectorSearch #AI #SemanticSearch #TechInnovation #DataScience #LLM #MachineLearning #SearchTechnology
Uni Systems Copilot event_05062024_C.Vlachos.pdf
Unlocking Productivity: Leveraging the Potential of Copilot in Microsoft 365, a presentation by Christoforos Vlachos, Senior Solutions Manager – Modern Workplace, Uni Systems
Securing your Kubernetes cluster_ a step-by-step guide to success !
Today, after several years of existence, an extremely active community and an ultra-dynamic ecosystem, Kubernetes has established itself as the de facto standard in container orchestration. Thanks to a wide range of managed services, it has never been so easy to set up a ready-to-use Kubernetes cluster.
However, this ease of use means that the subject of security in Kubernetes is often left for later, or even neglected. This exposes companies to significant risks.
In this talk, I'll show you step-by-step how to secure your Kubernetes cluster for greater peace of mind and reliability.
Observability Concepts EVERY Developer Should Know -- DeveloperWeek Europe.pdf
Monitoring and observability aren’t traditionally found in software curriculums and many of us cobble this knowledge together from whatever vendor or ecosystem we were first introduced to and whatever is a part of your current company’s observability stack.
While the dev and ops silo continues to crumble….many organizations still relegate monitoring & observability as the purview of ops, infra and SRE teams. This is a mistake - achieving a highly observable system requires collaboration up and down the stack.
I, a former op, would like to extend an invitation to all application developers to join the observability party will share these foundational concepts to build on:
National Security Agency - NSA mobile device best practices
Threats to mobile devices are more prevalent and increasing in scope and complexity. Users of mobile devices desire to take full advantage of the features
available on those devices, but many of the features provide convenience and capability but sacrifice security. This best practices guide outlines steps the users can take to better protect personal devices and information.
Video Streaming: Then, Now, and in the Future
In his public lecture, Christian Timmerer provides insights into the fascinating history of video streaming, starting from its humble beginnings before YouTube to the groundbreaking technologies that now dominate platforms like Netflix and ORF ON. Timmerer also presents provocative contributions of his own that have significantly influenced the industry. He concludes by looking at future challenges and invites the audience to join in a discussion.
Why You Should Replace Windows 11 with Nitrux Linux 3.5.0 for enhanced perfor...
The choice of an operating system plays a pivotal role in shaping our computing experience. For decades, Microsoft's Windows has dominated the market, offering a familiar and widely adopted platform for personal and professional use. However, as technological advancements continue to push the boundaries of innovation, alternative operating systems have emerged, challenging the status quo and offering users a fresh perspective on computing.
One such alternative that has garnered significant attention and acclaim is Nitrux Linux 3.5.0, a sleek, powerful, and user-friendly Linux distribution that promises to redefine the way we interact with our devices. With its focus on performance, security, and customization, Nitrux Linux presents a compelling case for those seeking to break free from the constraints of proprietary software and embrace the freedom and flexibility of open-source computing.
Climate Impact of Software Testing at Nordic Testing Days
My slides at Nordic Testing Days 6.6.2024
Climate impact / sustainability of software testing discussed on the talk. ICT and testing must carry their part of global responsibility to help with the climat warming. We can minimize the carbon footprint but we can also have a carbon handprint, a positive impact on the climate. Quality characteristics can be added with sustainability, and then measured continuously. Test environments can be used less, and in smaller scale and on demand. Test techniques can be used in optimizing or minimizing number of tests. Test automation can be used to speed up testing.
GraphSummit Singapore | Graphing Success: Revolutionising Organisational Stru...
Sudheer Mechineni, Head of Application Frameworks, Standard Chartered Bank
Discover how Standard Chartered Bank harnessed the power of Neo4j to transform complex data access challenges into a dynamic, scalable graph database solution. This keynote will cover their journey from initial adoption to deploying a fully automated, enterprise-grade causal cluster, highlighting key strategies for modelling organisational changes and ensuring robust disaster recovery. Learn how these innovations have not only enhanced Standard Chartered Bank’s data infrastructure but also positioned them as pioneers in the banking sector’s adoption of graph technology.
みなさんこんにちはこれ何文字まで入るの？40文字以下不可とか本当に意味わからないけどこれ限界文字数書いてないからマジでやばい文字数いけるんじゃないの？えこ...
ここ3000字までしか入らないけどタイトルの方がたくさん文字入ると思います。
Full-RAG: A modern architecture for hyper-personalization
Mike Del Balso, CEO & Co-Founder at Tecton, presents "Full RAG," a novel approach to AI recommendation systems, aiming to push beyond the limitations of traditional models through a deep integration of contextual insights and real-time data, leveraging the Retrieval-Augmented Generation architecture. This talk will outline Full RAG's potential to significantly enhance personalization, address engineering challenges such as data management and model training, and introduce data enrichment with reranking as a key solution. Attendees will gain crucial insights into the importance of hyperpersonalization in AI, the capabilities of Full RAG for advanced personalization, and strategies for managing complex data integrations for deploying cutting-edge AI solutions.
Goodbye Windows 11: Make Way for Nitrux Linux 3.5.0!
As the digital landscape continually evolves, operating systems play a critical role in shaping user experiences and productivity. The launch of Nitrux Linux 3.5.0 marks a significant milestone, offering a robust alternative to traditional systems such as Windows 11. This article delves into the essence of Nitrux Linux 3.5.0, exploring its unique features, advantages, and how it stands as a compelling choice for both casual users and tech enthusiasts.
Recently uploaded (20)
Communications Mining Series - Zero to Hero - Session 1
Communications Mining Series - Zero to Hero - Session 1
How to Get CNIC Information System with Paksim Ga.pptx
How to Get CNIC Information System with Paksim Ga.pptx
GraphSummit Singapore | Enhancing Changi Airport Group's Passenger Experience...
GraphSummit Singapore | Enhancing Changi Airport Group's Passenger Experience...
UiPath Test Automation using UiPath Test Suite series, part 5
UiPath Test Automation using UiPath Test Suite series, part 5
Unlock the Future of Search with MongoDB Atlas_ Vector Search Unleashed.pdf
Unlock the Future of Search with MongoDB Atlas_ Vector Search Unleashed.pdf
Securing your Kubernetes cluster_ a step-by-step guide to success !
Securing your Kubernetes cluster_ a step-by-step guide to success !
Observability Concepts EVERY Developer Should Know -- DeveloperWeek Europe.pdf
Observability Concepts EVERY Developer Should Know -- DeveloperWeek Europe.pdf
National Security Agency - NSA mobile device best practices
National Security Agency - NSA mobile device best practices
Why You Should Replace Windows 11 with Nitrux Linux 3.5.0 for enhanced perfor...
Why You Should Replace Windows 11 with Nitrux Linux 3.5.0 for enhanced perfor...
Climate Impact of Software Testing at Nordic Testing Days
Climate Impact of Software Testing at Nordic Testing Days
GraphSummit Singapore | Graphing Success: Revolutionising Organisational Stru...
GraphSummit Singapore | Graphing Success: Revolutionising Organisational Stru...
みなさんこんにちはこれ何文字まで入るの？40文字以下不可とか本当に意味わからないけどこれ限界文字数書いてないからマジでやばい文字数いけるんじゃないの？えこ...
みなさんこんにちはこれ何文字まで入るの？40文字以下不可とか本当に意味わからないけどこれ限界文字数書いてないからマジでやばい文字数いけるんじゃないの？えこ...
Full-RAG: A modern architecture for hyper-personalization
Full-RAG: A modern architecture for hyper-personalization
Goodbye Windows 11: Make Way for Nitrux Linux 3.5.0!
Goodbye Windows 11: Make Way for Nitrux Linux 3.5.0!
Amazon Product Research - Angel Lyka
- 1. Product Research ANGEL LYKA The importance of analyzing current market trends to choose “winning” items
- 2. W e l c o m e! Thank you for joining me in this very important discussion about Product Research
- 3. Know your target market Profitable Product Hunting Keyword research Patent check Analyze data Price range assessment from various suppliers Profitability Calculator Assessments of reviews for product improvement 1. 2. 3. 4. 5. 6. 7. 8. Workflow for a successful Product Research:
- 4. K n o w your target m ark e t Research must be carried out to uncover the needs and motivations of your audience and what factors influence their buying behaviour.
- 5. P rofitable Product Huntin g This can be done through: Manual Research Using Amazon Tools
- 7. Patent Check
- 8. Analyze Data
- 9. Price range assessment from various suppliers Trade Assurance Verified Supplier Choose at least 3 various supplier for options
- 10. P rofitability Calculator The goal depends on the client. But to be considered profitable the net margin should always be at least 30%
- 11. A s s e s s m e n ts o f reviews for product im p r o v e m e n t Listing is optimizable Images can be improved Detail page can be improved 3 and below rating This is where competitor analysis is being applied. In order for us to be on top of the game, here are some of the things to consider:
- 12. EMAIL ADDRESS bonjourlyka@gmail.com MOBILE NUMBER (+639)45 217 4604 PORTFOLIO angellyka.strikingly.com Reach out if you have comments, questions, and more L e t ' s talk!