You may know the importance of the right product for dropshipping. But how can you find the best trending products? What are some tools or methods to do that? We have talked a lot about finding a product that you love, a product that you can market with emotion. We also have talked about some tools you can use to find a good product to sell. Today, we will give you a closer look at how you could use available tools and resources to search for hot product trends. Let’s dive in!
What are trending products?
Trending products are popular products that have a spike in interest or demand gradually or suddenly or seasonally. That means a lot of people are looking for those products and buying them. One product can become trendy for many reasons. It might be because some celebrities wear it. Or an incident happens causing the need for a particular kind of product. For example, PPE or work-from-home equipment become more popular during the pandemic.
Types of trending products
It may never cross your mind but actually, there are many types of trending products. So let’s find out what types we have here:
Short-Term Trending Products
Short-Term Trending Products are products that become very popular for just a short period and then go down quickly.
The advantage of this type of trend is that you can make big profits if you can identify and take action timely. You need to sell all of your stock while they are still on-trend. If you cannot sell them before they die off, you will be left with a big surplus of stock and lose your money. This kind of trending products are very profitable but also risky and unpredictable.
Mid-Long-Term trending products
In contrast to short-term trends, mid-long-term trending products usually grow up gradually over several years. The earlier you can define them, the more profitable they will be.
The advantage of this type is that you will have more time to get it and prepare as long as you can catch the right time and take action quickly before they fade away.
Seasonal Trending Products: Ups and Downs
Seasonal trending products will go up and down recurrently for a short amount of time. They can come and go at some point in the year like Halloween customs or seasonal clothes.
The advantage of seasonal trending products is that you will be able to know when they go and when they go down again. You can get prepared when the time comes. But most of your work may come in just a short time, then you will mostly rest for the rest of the year.
Where to find trending products
We guess this is the most important part that you want to learn from. Many of you can consult your sourcing agent dropshipping to find winning or trending products. But if you want to do some research yourself, here’s where you can get the data:
1. SaleHoo
This is where dropshippers can find good products to sell with its specific tools. It can tell you potential products by tracking over 1.6 million sold products. You can use the filter to see the sell rate, sale price, level of competition, and so on.
2. Exploding Topics
Another resource you can use is Exploding Topics. It is a goldmine for you to find trending products. Based on its algorithm, it can help analyze millions of researches and conversations to determine the current trend.
3. Trendhunter
This is a competent platform where people share their ideas and insights in almost all industries. It is also a great place for you to search for some good ideas and trending products.
4. Amazon Bestsellers or Other Online marketplaces
Of course, you can never miss Amazon Bestsellers. Look at this list and you will have a powerful source of winning products to choose from. You can also check other online marketplaces like eBay, AliExpress, or Etsy. They all have a bestseller list that shows the most sold products at the moment.
5. Social media influencers
Actually, social media influencers and celebrities are those who decide the trends sometimes. They just simply wear a T-shirt and promote something on their page and it will become extremely popular the next day. So just follow those people and keep track of what they are wearing, using, or promoting.
6. Think with Google
This is another useful tool for you to look for a good trending product. It provides huge data of insights and ideas that Google collects.
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