The Best Product Research System - How To Find Winning Dropshipping Products In 2022

The Best Product Research System. I give you the exact product research system that has led to millions of dollars in sales for my students and my own stores. - Enjoy! Add me on Instagram: @justinwoll

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Product Research:

Proper product research will set you up for massive consistency and momentum which is crucial to having a successful e-commerce business. I use a multi-point validation approach that takes into account data from various different social sites to ensure accurate results.

It’s extremely important that when you follow the system to be very strict and follow each step exactly to maximize your results.

BeyondSixFigures Product Index:

When it comes to looking for products I like to make sure a product meets 3 out of these 9 criteria. Improves confidence, improves convenience, solves a problem, saves people money, saves people time, the product is EXTREMELY unique, high perceived value, or it’s a women-dominated market.

By meeting 3 out of those 9 criteria you’re ensuring that the product has a good marketing angle based off logic and emotion that will drive the consumer to make a buying decision much easier than if it didn’t meet any of those criteria.

Google Trends:

This is where I like to start my research. I use google trends to look at the interest in the last 90 days on the market I am looking to get into. Keep in mind you want to make sure it’s set to the United States, Past 90 Days, and Shopping.

This will give you the results you’re looking for. This is an important first step because it allows you to find a trending market before you begin to look for products, the last thing we want to do is test a product in a dead market.

Amazon:

Once you’ve found your market you can begin to search for products that fall within that market inside Amazon. I like to use the JungleScout for this step as it allows you to quickly browse the amazon listings and sort them from the highest revenue.

As you’re looking through these products you want to have the BSF product index open and look for products that meet 3 out of the 9 criteria.

Ali Express:

I like to utilize Ali Express to see if a product is saturated or not and to give me an idea of pricing. You will type in the exact name of the product you found on Amazon here, from there sort it to the highest order count first.

Keep in mind if a single listing has over 25,000 orders this is a sign that the product is saturated and I would recommend to skip that product in that case.

When you find a listing it’s important to look at the price the product is being sold and the cost for shipping. I like to add those up to generate what my cost is for the product and then multiply it by 2 or 3 to figure out the price I’m going to sell it at.

Generally, you want to keep your prices around the same ballpark as the amazon price, but you also want to maintain a minimum of $10 - $15 profit margin.

Youtube:

This step is to see if the product has an active community that’s excited about the product. My rule of thumb here is to find 5 videos in the last 12 months that have over 5,000 views. They don’t have to be of the exact same product as yours, they can be similar products.

The Best Product Research System - How To Find Winning Dropshipping Products In 2022

*Some of the links and other products that appear on this video are from companies for which Justin Woll will earn an affiliate commission or referral bonus. Justin Woll is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. This is not investment advice.

#ecommerce, #shopify, #dropshipping

0:00 - Intro
0:16 - Product Research System
23:10 - Product Arsenal and 20/20 Rule