Amazon Changes Reference Pricing & Was Price Rules for Sellers
Reading Time: 3 minutes Amazon is updating its reference pricing rules in two phases that…
The end of 2020 is here, and so is the holiday season. Singles day is fast approaching, and it’s high time for you to start preparing for the sales with your most popular products. As per the statistics, in 2019, the Gross Merchandise Value (GMV) of Alibaba during 11.11 raised about $2 Billion in just 2 Minutes. This year as well, the expectations are higher than ever before due to the pandemic and isolation. Shopping season brings an opportunity to get your best selling products in front of your potential customers and lets you earn recognition among the others. The best strategy is to adopt a systematic approach to bring your best selling products into the limelight. Sell what people are buying. Find out what are the most popular products that people buy on Singles Day sales.
Shopping extravaganza has begun, and with it, customers and merchants are looking forward to making the best out of this year’s Singles Day. Thus, the holiday season is the best time to increase your sales and earn more revenue.
11.11 is one of the splendid shopping festivals in Southeast Asia as merchants start preparing their stores from mid-October to get their high in demand products listed and increase their market potential.
Stay aware of what popular products are in demand by customers and plan your marketing strategies accordingly. Let us look at the best selling products of 2019.
Alibaba’s Singles Day 2019 broke the records by selling goods worth $38.4 Billion. The high demand products sold in the 11th edition of the Singles Day are electronic gadgets and fashion items.
Shopee is one of the leading marketplaces in Southeast Asia, which recorded sales of 70 million items from the 11.11 Global Shopping Festival 2019. The top-performing brands included Maybelline, Unilever, Pampers, and Globe.
Shopee bestsellers during the 11.11 included Mobile and accessories, Women’s Apparel, and Home and living were the top-selling product categories among the shoppers.
During Shopee 11.11 Big Christmas Sale, the top-selling items included phone cases, power banks, and face masks. Among male shoppers, jogger pants and earphones were the most demanded items.
Shopee and Lazada are the trendsetters in Southeast Asia, making a wide variety of products being projected and sold.
Being well aware of the leading brands and top popular product categories of 2019, plan your products accordingly to get your best selling items in the limelight and improve your sales this Singles Day!
With better deals and innovative ideas, merchants are ready to surprise customers this Singles Day. Since merchants were able to exhibit their most popular products before the main event of November 11, let us look at which brands and products are in high demand.
In its 12th year, Singles Day is all set to break the records of the previous year. This year, Double 11 will be massive as this time, merchants will showcase their products not just once but twice.
The main idea behind the two shopping windows was to increase support to merchants affected by Covid-19.
Alibaba reports the substantial success of the first sales window, from November 1 to 3, 2020, along with a sneak-peak on what international eCommerce platforms have planned during the festive sales of 11.11. Let us have a look at the most in-demand products and categories of this year’s Double 11.
With such impressive numbers, it is natural to expect this years’ 11.11 to be gigantic. The above stats show how excited and enthusiastic customers are and what popular products are in demand this 11.11.
During the festive seasons, marketplaces tend to attract huge audience attention by merely offering discounts and deals, which allows them to gain a considerable profit.
Let us have a look at the fantastic deals that these marketplaces have to offer.
Shopee and Lazada are the leading marketplaces at the times of shopping festivals in Southeast Asia.
A little behind, Tokopedia, and Aliexpress also are the runner ups in this shopping race.
The lookouts from Shopee this year includes-
Lazada is among the leading marketplaces in Southeast Asia, which offers a wide range of offers and entertainment features.
With Aliexpress, brace yourself for some impressive aspects-
Keeping these marketplaces in mind, merchants can take their business online and sell their best products with these marketplaces to gain surplus during one of the most significant sales.
These festive times can be a lot tiring and hectic, and automatically managing stores can be a sort of relief.
With our integration facilities’ help, you can automate your stores in no time and enjoy the festive sales with much more enthusiasm. Improve your sales by automating your stores with our integration facilities, which helps you –
With these extensions, experience flawless multi-channel selling and improve your sales this festive season and beyond!
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