Anojan Abel, founder at Shelftrend talks about how competitor research can help your business find the right product to sell and improve your current offerings.
2. A continuous process of monitoring a market to identify
Current and future competitors,
Current and future competitor activity
How their actions will affect you
How to respond.
What is Competitive Intel?
3. eBay is a competitive place to trade
$23.6B GMV
in Q2 2018
89%
GMV sold is Fixed Price (not
Auction)
> 300M
Searches each day
68%
Transactions that ship
for free
(in US, UK, DE)
81%
Items sold as new.
~ 1.1B
Live listings
25m
Sellers
~ 5000
Brands listed at any time on
eBay
5. 1. Identify Competitors
2. Identify Products and Price
3. New Competitor Tactics
4. How you respond
Using eBay data is a powerful way to
introduce CI to your business
16. 1. Invest in a continuous process
2. Look at the whole picture
3. Leverage CI to further innovate and differentiate your
business
Let CI drive your next phase of growth
A continuous process of monitoring a market to identify
Current and future competitors,
Current and future competitor activity
How their actions will affect you
How to respond.
it’s easier than ever to start an ecommerce website and drop ship products without physically owning any stock.
CI is increasingly important but difficult to start
Hard to Access.
Expensive
Information is not actionable
Time & resource intensive