Wednesday 2 May 2012

Getting The Inside Edge On What’s Selling The Most!


On the surface, esources.co.uk may appear to be a trade directory for wholesalers and dropshippers but that is simply the tip of the iceberg! A peek beneath the surface reveals an entire world of resources, tools, and information that can put anyone on top of their wholesale or dropship game! Many retailers have entered the online space and recognized it to be an area with rich potential. So, how does one harvest that potential? How does one identify the different audiences that are out there and find out what they want? How do you track the selling potential for a product? The truth is, doing business in the online world requires tools and information that are rather different from the ones used in the real world. This is why Esources offers users a unique feature called the Market Research Wizard which provides the entire product and market information that you’ll need.

The Fortune Teller

A successful business is one that appears to have a great fortune teller on their side! The fact is, being able to predict consumer behaviour and the demand for a product can be the cornerstones for a successful business. A successful business is usually one that is able to accurately predict these things. A failing business is usually one that fails to predict what products will really sell and how consumers are liable to react in certain conditions. In the online world, there are special tools and methods for tracking consumer behaviour and predicting the selling ability of a product. The Market Research Wizard from esources.co.uk gives users the keen inside edge needed to succeed in dropshipping and wholesale.

In the online world, the demand for a product can be fast and seemingly unpredictable. In many instances, retailers have been caught with hot products that simply didn’t move or slow-movers that suddenly became very popular. The esources.co.uk Market Research Wizard gives users the ability to access information about the demand volume of a product, its demand distribution across different search engines, and seasonal demand trends as well. Accessing this kind of information at the right time lowers the risk of retailers getting caught with unsold stock that they can’t move.

Understanding Trends

Studying the results from the Market Research Wizard also gives users keen insight into how to handle their buying and selling. Retailers will be able to gauge the right time to buy stock. In many instances, it is possible to buy stock right before the product is tipped to start selling.

Many retailers may want to stock up on a product and ready themselves for their niche audience’s buying season. In these cases, the Market Research Wizard will help you identify when a product has a slow period. During these times, the supplier will be more liable to offer discounts, which makes it the perfect time to stock up. In many ways, this tool can be the fortune teller for any wholesaler or dropshipper. The Market Research Wizard from esources.co.uk helps users learn about the demand for a product, its potential and what rates the competition charges for the same product.