Competition is an unavoidable aspect of economic success. If you’re not vying for a competitive advantage over your competitors, it’s possible that interest in your industry’s future is minimal.
Healthy competition indicates a vibrant market with a lot of energy, ambition, and room for expansion. As a result, even the world’s most well-known businesses aim for it.
Dropshipping is a modern method to make money from the convenience of your own home. While it is still young, it is getting very popular as one of the simplest and least expensive ways to establish an internet company. There are almost no overhead costs, and sellers may start earning money within weeks. Dropshipping is the future of internet business for many people.
Despite the fact that dropshipping is a low-cost enterprise, it is still necessary to do research and properly prepare for a new dropshipping company. It does need a knowledge of the target market, and keeping the company on track may take patience and hard effort.
Competitive research is critical for both new and established companies. You must know who your rivals are in order to conquer your market or specialty. Examine what the others in your field have been doing and what has shown to be successful for them. You may learn a lot from your competitors.
Replacing a successful rival will increase your chances of success straight away. So why not learn from their success, replicate it, and expand on it?
Fortunately, there are many market data and analytics tools available to assist businesses in establishing their footing. What are the best ones to use? What kind of effect do you think they’ll have on your internet business? Is it worthwhile to pay for premium versions, or are free alternatives sufficient?
Read further to learn more about SaleSource, in our review we will detail its features, pros and cons with our rating, and a conclusion about why you should use it.
Click on “open” if you want to see exactly what we will talk about in the rest of this article.
SaleSource is a marketing platform that uses things like product analysis, trend assessments, and competition comparisons to help e-commerce companies develop quicker and more safely. It’s especially helpful for dropshippers since it gives them several options for identifying the most popular and in-demand goods.
SaleSource is available in three different price options, each of which may be billed monthly or annually. A free trial is also available. The free trial provides you complete access to the program as well as the opportunity to scan five items for the best deals. You’ll need to extend your plan to get access to competitor statistics and much more. Paying annually is far less expensive than paying monthly. The most affordable monthly Essential plan is $69/month, which gives you access to 1,500,000+ products, daily new trending products, personal product feed, competitor intelligence, competitor ad campaigns, product description generator, bulk product video finder, Shopify store analyzer, product analyzer, extras, support, and training videos for one user. If you pay for the Essential plan yearly, this will only cost just $29 each month. The Pro plan, which includes everything in the Essential plan plus factory price and some extra training videos, is another option. Everything stated above is included with the Elite plan, but you may have up to 5 users. I believe that most people will be satisfied with the Essential plan.
The tool is an artificial intelligence-based program that works with Shopify and covers all e-commerce platforms. It’s one of the most efficient solutions accessible if you’re sourcing from AliExpress, for example. Store Center, Sale Center, Marketing Center, and Product Center are the four major characteristics. Users may perform the following throughout the tool’s four components:
Find the most dependable internet vendors (via ratings)
View all of a product’s current sales locations
Determine which items have been top sellers for a long time
Utilize market data to discover goods that have the potential to become viral
Examine the statistics of your competitors (revenue, top products, visitor numbers, etc.)
Compare product prices from the best-rated vendors
Determine how many people/companies are dropshipping a certain item
Find top-rated suppliers, high-converting product videos, and create descriptions automatically
Look for dropshipping companies, goods with viral video content, and the best-selling items
Analyze the market and identify successful goods
Examine any other shops that offer the goods to ensure it isn’t saturated
Knowing what a Dropshipping provider can do is the most important thing. Find out in this SaleSource review which features you will get.
Extension for Chrome
SaleSource includes a Chrome extension that activates whenever a user navigates to an AliExpress product listing or any other e-commerce shop listing. This is very helpful since it allows for automated comparisons of competing goods. To accomplish this, you do not have to download or upload any data or pictures.
You may obtain all of the most essential product characteristics, information on the provider, a sales chart, and statistics on the product’s past pricing and how they fared with shoppers using the extension. It’s important information to have when deciding whether or not a product is worth introducing into your own shop.
Search for larger-than-average orders to discover whether a product is famous with other dropshippers. If a product receives a large number of bulk orders – especially one that cannot be utilized in mass by a single individual – dropshippers are likely to take advantage of the situation.
Platinum Services from SaleSource
You may buy services for your Shopify shop here, such as store evaluation, problem fixes, logo design, megamenu design, product descriptions, Google analytics setup, and so on.
By exploring the catalog, you may discover the services you need. Once you’ve found what you’re looking for, go to the website for additional details, such as a service description, a portfolio or examples of work, and price.
You must write to them at the order placing step if you have particular queries. When you’ve discovered what you’re looking for, just go ahead and place your purchase.
Products Center
There are many tabs in this section. Product Analyzer, News and Trending, Best Sellers (by niche), Best Sellers (all time), plus Saved Products are the options available.
News and Trend is a simple and fast method to find out what’s hot. The product list is updated multiple times a day, however I’m not sure where the info comes from. Is it based on what most people are looking for, or are they simply random AI-generated products?
Product listings, according to SaleSource, are intended to vanish after a certain period of time. They claim it’s the greatest approach to avoid oversaturation, which occurs when too many individuals choose the same product.
When you use Best Sellers (by niche), you’ll see that the items are organized into categories such as jewelry, health, bags, electronics, women’s apparel, and shoes, among others. Subcategories related to particular kinds of goods, selling regions, and product descriptions may be found inside each category.
The Best Sellers provides information on product pricing, total sales, prospective sales, and other factors. To store items for later viewing and analysis, click the love symbol.
The Product Analyzer function is useful since it allows users to do product analyses on products that they wish to sell in their own shops. To upload or import a product picture, just utilize the Chrome extension. SaleSource will then find the best fit on AliExpress, begin dropshipping it right away. You may also put the Aliexpress/Shopify URL in here.
It’s a simple and quick procedure, considerably quicker than painstakingly browsing through AliExpress’s numerous listings for a single item. If you are using AliExpress often, you know how irritating it can be at times.
Because it isn’t as professional or official as Amazon, it’s easy to be sucked into low-quality postings. This product search feature may help you save a lot of time and effort.
Everything from a list of the top competitor vendors to existing marketing films for the item, current sales locations, and much more is included in the product analysis.
Store Center
Top Stores, Store Analyzer, Store Tracker, as well as Store Checklist are the parts of Store Center.
When you select Top Stores, you’ll get a list of Shopify’s most successful merchants. Once a week, this list is updated. ‘View Best Sellers,’ ‘Analyze Store,’ and a new function dubbed ‘Track Store,’ are the three buttons.
You may click on any of the listed shops to go to their website and obtain revenue estimates. The Analyze Shop button, when clicked on a particular store on the list, displays information about how long it’s been in business, how many traffic it gets, what applications it utilizes, and how many advertising campaigns it produces. The Browse Best Sellers option, of course, displays a list of the shop’s most popular products.
The Shop Analyzer tool enables you to examine any Shopify store and view information such as sales estimates, top-selling items, marketing campaigns, applications utilized, theme used, and so on.
If you notice that your rival has a lot of sales with specific goods, there’s a high chance that you can, too, since there’s already interest and a track record of sales.
It’s a great method to arrange the top-ranked shops based on the data you believe are most important. This is a fast method to obtain a sense of the competition and come up with marketing and sales concepts that succeed.
I’m not sure how they calculate the sales estimates, but I assume they take into consideration the store’s total traffic and calculate an approximate estimate of average product value and conversion rate.
Marketing Center
Product Video Finder, Facebook Video Ad Finder, as well as Product Traffic Checker are all part of the Marketing Center.
Just use Facebook Video Ad Finder to search through an almost infinite number of high-performing marketing videos. Seriously, there are over 200,000 of all these things to look through.
If you utilize this tool, you may never run out of options with your own marketing efforts. Examine films from comparable vendors, noting which parts are most effective, and attempt to incorporate those features into your own material.
Another useful tool is Traffic Checker. It provides information to SaleSource users on how many users have accessed a certain piece. ly hyperlink This is the fastest method to find out how often people are viewing a certain product page each hour, day, or week.
Sale Center
I suggest watching a handful of brief training films available in the Sale Center. The major characteristics are easy to understand. SaleSource, on the other hand, offers a number of smart and maybe lesser-known solutions that might help you grow your e-commerce company. It’s worthwhile to have a look at them.
Some of the most important tutorials demonstrate how to utilize SaleSource to discover successful items, examine rival products, and integrate data from their platform inside your own shop.
Worse, you may be purchasing it from a seller who then resells it to another reseller, etc., resulting in massive markups above the factory price.
One thing to keep in mind is that the tool is run by real agents. It’s not data or information derived from websites using artificial intelligence. A group of operators is dedicated to finding information about original source manufacturers. As a result, it is not a real-time service. It’s possible that you’ll have to wait 1-3 days to get a reply to your question.
Finally, you may utilize SaleSource’s Import From Shopify feature to bulk import numerous items for analysis and study. It’s another time-saving strategy, especially if you have a clear idea what you’d like to examine and why.
Conclusion
SaleSource review: Why you should use it?
Store monitoring and market competition research are two of my favorite features of SaleSource. It’s easy to understand why they’re the most popular features of the platform. It’s very helpful to be able to enter a competitor’s Address into SaleSource and then have it immediately identify their most profitable items, projected revenue, and other important data.
The issue is whether these features are worth the $69 monthly membership fee. Everyone will have a different point of view, but I think it is valuable. It is not a large amount for all features and tools mentioned. Yes, there are many free options available, but they aren’t quite as comprehensive.
$69 monthly is a reasonable price if you’re serious about starting an internet shop. If you use it properly, you’ll always have an advantage over your competitors. You’ll always know which goods to buy, why they’re a good investment, and what your market rivals are doing to earn money.
While most of these tasks may be completed manually, doing so would take 5 times as long without the aid of a specialist instrument.
If you’re looking for a tool to help you start dropshipping, check out our Spocket review and Topdser review, which was created to assist individuals in finding profitable dropshipping items and dropshipping suppliers.