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Winning Product Research for E-commerce Q4/Black Friday/Christmas
Jul 12, 2024
Finding a Winning Product for Q4/Black Friday/Christmas
Introduction
Achieved over $10K revenue in 4 days
Goal: Share winning product research method
There's still time to find a winning product for Q4, Black Friday, or Christmas
Shout out to Prime bundles for significant revenue contribution
Sales Performance Overview
Revenue Progression:
Day before today: $7.2K
Two days ago: $4.5K
Today: Expected to hit $11-12K
Profit Margin:
25% profit margin = $2,500/day in profit
Prime Bundles
Generates half of store revenue
Offers bundle options (2, 3, 4 items) for discounts
Contributed an extra $11,000 in revenue
Available on Shopify App Store
Winning Product Research Method: The Rabbit Hole Guide
Using Facebook Ads Library
Step-by-Step Guide:
Go to Facebook Ads Library
Select country (United States)
Search in Ad Category: All Ads
Use broad keyword: "shop now"
Use filters to select only video ads
Scroll and look for inspiration (e.g., DIY Christmas tree)
Evaluating Products
Check if ads are recently started and number of active ads
Minimum: 14, Preferable: 20-30 ads
Look for keywords used in ads
Example: "little ones", "Christmas DIY", "safe and durable", etc.
Practical Example
Example Keyword: Little ones
Search keyword “little ones”, filter by videos
Evaluate options using Facebook Ads Library
Check for well-established ads (e.g., Little Yoga Socks with 48 results)
DIY Christmas Tree Research
Look for multiple competitors
Example: Multiple sellers for DIY Christmas Tree
Analyze running period and active ads
Note to track future ad performances
Rabbit Hole Method Continued
Use keywords from initial findings
Examples: "Educational toy", "reduces screen time"
Find related products and their competitors
Scour multiple layers of ads to discover hidden winners
Conclusion
Method helps find hidden winners efficiently
Join Discord for detailed guides and community support
Add bundles to increase revenue via Prime Bundles
Explore and test different products/categories strategically
Resources
Facebook Ads Library
Prime Bundles on Shopify App Store
Discord community for detailed guides
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