Table of Contents
- Product Hunting For Daraz.pk
Product Hunting For Daraz.pk
Attention seller! This article is specially designated for Sellers to assist them in Product Hunting on Daraz.pk. Before starting any online platform, the 1st and foremost important thing is to think about the product or services you will offer to your customer. In this article sellers working with Daraz and offering tangible goods on the platform is concerned. Sellers should perform detailed research on the product they will put on the platform. This Concept is commonly referred to as Product Hunting.
What is Product Hunting and Why is it Important?
Product Hunting is a technique for the seller to find the perfect product according to his criteria to invest in. It gives a brief idea about the demand and sales of your product. The purchasing power of your targeted audience is crucial to know how much revenue can be generated. Also knowing the different commissions charged on the product can give you an idea of the profit you can earn by selling in a particular category. This enables sellers to invest in the inventory of their products and otherwise stop importing that item. Also knowing the competition in the field will greatly impact the amount of profit you can keep.
We will here guide you with the most popular product hunting methods that seller finds effective in the journey.
Method 1
This is the easiest but not free. Different paid tools will do everything for you. They will precisely tell you keyword Search Volume, Seasonality, Competition, and other key parameters. Their cost varies and you can use them according to your expertise. Some of them also have an option of 1st 3 product searches for free, after signup. Thus, you can also try that. You can choose the type of package based on your needs and budget.
Method 2
You can use some approved strategies that are free of cost. But it requires a little expertise to judge from the data received.
A, Filter Method
Go to Daraz.pk on the search bar and select any category you are willing to sell. The category should be based on your research after the commission rates charged on it. You can repeat the process for all the categories you wish to sell in. After selecting a category, apply a 4star filter. Set the price range. The price range should also be set by knowing the investment you have. Because the quantity of your product would rely on the budget you set for your single product.
It is important to keep in mind that selling 1 unit in each variety will not be fruitful in the business. Temporarily, it may look to have a huge no. of products in the store. But with time it will become cumbersome because the item once sold has a 90% more chance of selling. Therefore at least start with a quantity in the range of 10-15. After deciding the range of the product e.g. 100-400, the next filter is to set sourcing from Pakistan and Fulfillment by Daraz. This filter will show you all the products falling into your category. You can then market research for the best-suited item for your store. Always select a product for which you have an edge.
B, Flash Sale Method
Daraz has ongoing camping on the platform called Flash Sale. This camping is designated for the products that have the most sales usually more than 30-50 orders in the last 30 days. This campaign enables these products to be offered at a discount by the seller. By studying these articles, one thing is guaranteed that it is high in demand and will ensure good sales. This will give you a boost on the platform if your products also qualify.
C, “!!!!!” Sign Method
This method as unconventional as it sounds also works for some. Plus, it is free. All you need to do is to put “!!!!” in the search bar. You will find lots of products. The next step is to repeat all steps from the filter method i.e. apply 4star, set price range, FBD, and Select Pakistan. Then a list of products will appear. Search for the ones with good reviews. These products have already acquired a positive mindset in your audience and you won’t need much promotion for sales.
D, Seasonality
The product demand trend is also a key ingredient in having a sustainable business. The items should remain hot selling trough out the year. This can be tracked free of cost using Google Trends by punching in the product keyword.
E, Add Uniqueness to the market
While researching for the product and going through reviews you will often see some repeated faults or any improvements suggested by customers. If you are a seller in that capacity then try to improve the product according to customer demand and showcase your product by putting it in writing through the SKU description. This will defiantly add an edge and differentiate you from other sellers dealing in the same category.
How to know the Competition of your selected product
Once you select a product, try to find the correct and different keywords the products listed for. Next, go to daraz.pk and start searching 1 by 1 for the selected keyword. Then apply a 1-star filter to find the active listing. You can then find how many sellers are selling exactly this same product. This will tell you your competitor
Product category with fewer Commission charges For Daraz Seller?
Along with hunting for the right product seller must be aware of the recent increase in Daraz commission rates on the platform. If you don’t know Daraz’s charges read our article. Or if you are still looking for options then these category are profitable to start your business on Daraz in 2023.
Category of the product with your own Manufacturing Sector
Make it your priority to sell products that you manufacture yourself. This will also make the product unique thus reducing the initial cost and increasing profit.
Categories that classify as digital goods, groceries, livestock, and packaging…..
If not manufacturing then go for products that offer less commission rate such as Digital Goods, Groceries, Livestock, Packaging Material, stationery, crafts, etc. Products in the category of fashion such as clothes, scarves, jewelry, and makeup are with the highest commission rates so only sell if you are getting it at a very cheap rate or you are the manufacturer of that product. Also, note that although the profit margin is less the purchasing power in the fashion industry is more. Or it will sell out quickly. So if you want your money to keep rolling then maybe you should reconsider.
The stock should be more than 10
Always stock products in quantity because if a product is sold once there are increased chances of it selling again. That is why it is important to ask for ratings and reviews of your products.
Target Less Competition Category
Try to target products with less competition even if the profit is less. This is valid because if the product is not running then it is still not good for the store’s performance.
Think out of the Box
Even when your products are under the low commission category, try to offer a unique touch to each. As all the sellers must be selling a similar kind of product and must have chosen this category with the same mindset as yours. Therefore you should work on what will make your products stand out.
Conclusion
That is all the known methodology & tips used for years by sellers who excel in their profession. You can also read our article on how to rank your product on Daraz “SEO of products on Daraz.pk” Hope that this article has helped you clear your mind and you have decided on your product. Please provide us with your valuable feedback below. If you have any suggestions, please reach us through our contact form. We wish you a fruitful experience on the platform. Please show us support by sharing with your friends. Thank you😊
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