How to select products for LIVE shopping
This guide empowers you to choose the perfect products for your LIVE shopping events, transforming them into sales-generating powerhouses. By understanding your audience and selecting engaging products with strategic pricing, you can skyrocket your LIVE shopping success.
Choosing the right products: Four key considerations
- Know your audience: Understanding your target audience is fundamental. Consider their age, demographics, and current trends. By aligning your product selection with their interests, you’ll resonate with viewers and maximize the likelihood of converting them into buyers.
- Embrace trends: Stay ahead of the curve! Incorporate trending products and hot topics into your LIVE Shopping events. This not only keeps your content fresh and exciting but also capitalizes on the buzz surrounding these trending items.
- Prioritize engagement: LIVE Shopping thrives on audience interaction. Choose products that are easy to showcase and demonstrate. This could include products that invite questions, encourage discussions, or allow for live demonstrations. The goal is to keep your viewers engaged and excited throughout the stream.
- Price to win: Offering competitive pricing is crucial. Research your competitors’ pricing and consider offering exclusive LIVE-only discounts or promotions. This incentivizes viewers to take advantage of these limited-time offers and convert into paying customers.
Finding your best sellers: Unveiling hidden gems
Now, let’s delve into strategies for identifying your top-selling products:
- The power of affiliates: Expand your testing pool by collaborating with affiliates. This allows you to test a wider variety of products and gain valuable insights into which ones resonate most with your audience. Leverage the power of numbers to identify potential best sellers.
- Short-form video testing: Utilize short-form video content to test product popularity. Create a variety of short videos showcasing different products and track their performance. Analyze the data to identify which products generate the most engagement and sales.
- Livestream insights: During your LIVE shopping events, strategically include a mix of products, featuring at least 5 items. Always incorporate your known best sellers alongside these test products. After your LIVE, monitor the click-through rate (CTR) for each product. This data reveals which of the “tag-along” products hold promising sales potential.
Conclusion
Selecting the right products for your LIVE shopping events is a game-changer. By strategically choosing products that resonate with your audience, spark engagement, and are offered at competitive prices, you can transform your LIVE shopping experiences into success stories.
