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eBay Inventory Management | Optimize your Inventory & Predict Demand with Data Analytics
eBay Inventory Management | Optimize your Inventory & Predict Demand
🔥𝗝𝗼𝗶𝗻 𝗭𝗶𝗸 𝗛𝗘𝗥𝗘 ➡️ https://www.zikanalytics.com/r/invent...
In this video, Nahar will be sharing inventory management in a different angle and what actions you can take to solve the problems in advance.
0:00 Intro
2:44 Tip#1 Source products with high demand
3:08 Tip#2 Source products with strong unique selling propositions
3:38 Tip#3 Sell the product with the right market price
4:35 Tip#4 Optimize your title with the right long tail keyword phrases
4:42 Tip#5 Optimize your item specific
5:20 How to use data to remove the guess work and increase your success rate by using Product Research of Zik analytics
6:01 Step#1 Make sure your settings are set correctly
6:30 Step#2 Type the keywords on the product research tool
8:05 Step#3 Look on the competitors list
9:47 Step#4 Make a decision
11:05 Tip#6 Use Title Builder
12:46 How to move dead stock and listings that haven't sold for a long time?
14:06 Step#1: Use product research
15:10 Step#2: Remove unnecessary keywords
16:14 Step#3: Look at the competitors
17:07 Step#4: Use price filter
17:56 Step#5: Look at the best selling products on the list
Tip#1 Source products with high demand. Use data to make sure that the product you source has high demand based on volume of transactions and monthly revenue.
Tip#2 Source products with strong unique selling propositions. You need to have something to offer like new bundles, sizes, colors, new brand, or anything that can add value to your listings.
Tip#3 Sell the product with the right market price. Make sure you'll be able to get profit and not over price the product or sell it lower than the market price.
Tip#4 Optimize your title with the right long tail keyword phrases. Make sure you use keywords that drive relevant traffic that convert.
Tip#5 Optimize your item specific. You can add the relevant keywords and increase your traffic in your listings by 10-25%.
How to use data to remove the guess work and increase your success rate by using Product Research of Zik analytics
Step#1 Make sure your settings are set correctly
Step#2 Type the keywords on the product research tool and hit the search button. This will allow to search on eBay best match results, pull the listings of the first page, and will show you the stats.
Step#3 Look on the competitors list. Scroll down to see the top products being sold and see if you can create a unique selling proposition on the market. You'll be able to learn everything about the products. Check with your supplier if you can get the items for a cheaper price to get profit.
Step#4 Make a decision. If you think you can bring a new model with similar materials, better size, and compete with those sellers with a competitive price then and only then you can buy those product for stock.
Tip#6 Use Title Builder. Copy the title and paste it on the title builder and click the search button. This will give you a list of keywords with stats and which you can use to create your own winning title. Remove unnecessary keywords as well.
How to move dead stock and listings that haven't sold for a long time?
Step#1: Use product research. Copy the title of the product and paste it on the product research and hit Search.
Step#2: Remove unnecessary keywords. Copy the title and paste it on the product research and remove unnecessary words and hit search. Check if it has a great stats and consider.
Step#3: Look at the competitors on the list of items and try to see if there is a competitor that sells similar item and see if you can lower the price or compete with that seller.
Step#4: Use price filter. Use the product research again but set a price range based on the amount that you are willing to lose or earn.
Step#5: Look at the best selling products on the list and check if there is a same product like the one you are trying to sell. See if the price is understandable and get more information by copy and pasting it on the product research again to get the stats. See if you can compete and improve your listings like your item specifics, title, price, etc.
Note: After changing it, keep it for one week and if it didn't sell, end the listing and release the product. It will go up to the top search results. If it didn't work, just list it for auction for a lower price and hope that people will buy it for higher.
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