Meeting Slides 12/5/24: E-commerce Part 2 (Product Research)

^Which product has a greater cash flow? How does the competition of each product impact your chances of success?

^Stared points are "must-haves" for starting a profitable e-commerce store. Cologne is trending seasonally, but is mainly controlled by a few large companies. (Higher chance of failure)

Humidifiers are also seasonal trenders, but has a large marketplace with wide product variations.

Graphs are based off Google Trends

^If products are the same, prices are most likely going to be similar (market determined price). The 2.99 has a large shipping fee and is trying to bait customers. If these conditions are true and the products have high (and trending) sales, it would be smart to enter (given cost<revenue).

^Remember CTMS