stop using kalodata to find dropshipping products. use this instead

Summary

In this video, the speaker discusses strategies for finding successful products for dropshipping. They highlight the importance of identifying already validated products, repackaging them with unique branding, and testing different creatives and offers to stand out in the market. The speaker advises using Facebook Ads Library to identify products with lower competition, especially for beginners, and contrasts this approach with Kilo Data, which has become overly competitive. Overall, the video offers insights into creating effective dropshipping strategies by leveraging existing demand and differentiation.

Takeaways

• 😀 Focus on identifying validated products by observing competitors' success in the market.
• 😀 Repackage and rebrand proven products with unique logos, names, and offers to stand out in the market.
• 😀 Offer variations such as 'buy one, get one free' or discounts to improve margins and attract customers.
• 😀 Use Facebook Ads Library to discover successful products and creatives running on Facebook, especially for beginners.
• 😀 Testing different creatives and offers is essential for scaling a product successfully.
• 😀 Avoid heavily competitive platforms like Kilo Data, where too many people are copying the same ideas.
• 😀 When entering the market, ensure the product solves a specific problem and has existing demand.
• 😀 It's important to differentiate your brand by tweaking existing ideas rather than directly copying competitors.
• 😀 Start by finding a validated product with demand, then experiment with your own branding and pricing strategies.
• 😀 Learn from the competition, study what works for them, and then innovate to make it your own.
• 😀 The dropshipping game is about testing and iterating quickly, adjusting based on real-time results from ads and offers.

Q & A

What is the primary strategy suggested for finding winning products in dropshipping?

The primary strategy is to identify products that are already selling well, often through tools like the Facebook Ads Library. Once you find a popular product, repackage it with your own branding and test different offers and creatives to differentiate yourself from competitors.

Why does the speaker recommend rebranding and repackaging a successful product?

Rebranding and repackaging help create a unique identity for the product, setting it apart from competitors. By doing this, you can attract a new customer base and avoid being one of many sellers offering the same product under the same branding.

What role do creatives play in the success of a product, according to the speaker?

Creatives, such as advertisements, are crucial for capturing customer attention and driving sales. The speaker suggests testing different creatives to find which ones perform the best and align with customer preferences.

What is the significance of using a unique offer in dropshipping?

A unique offer, such as 'buy one, get one free' or a special discount, helps make the product more appealing to customers. By adjusting pricing and promotional offers, you can increase your product’s attractiveness and improve conversion rates.

How does the speaker feel about using Kilo Data for finding products?

The speaker believes Kilo Data can be effective for experienced sellers but warns that it is oversaturated and overly competitive for beginners. Many sellers simply copy each other’s products, leading to a lack of differentiation and innovation.

What alternative tool does the speaker recommend for beginners to find products?

For beginners, the speaker recommends using the Facebook Ads Library, a free tool that offers insights into the ads and products that are currently performing well in the market. It allows for a wider range of product discovery without the high competition found on platforms like Kilo Data.

What are the benefits of using the Facebook Ads Library in product research?

The Facebook Ads Library provides access to a wide variety of products and ads that are currently running. It helps identify trends, see what products are generating interest, and learn which creatives and offers are working in the market.

What does the speaker mean by 'differentiating yourself' in the dropshipping market?

Differentiating yourself means offering something unique compared to other sellers. This can be achieved by creating unique branding, altering product offers, and testing new creatives. The goal is to stand out in a crowded marketplace and attract more customers.

Why does the speaker emphasize 'demand validation' in product selection?

Demand validation is important because it confirms that people are already interested in and purchasing the product. If other brands are successfully selling a product, it suggests there is existing market demand, making it easier to enter the market with a similar product.

What advice does the speaker offer for newcomers to dropshipping?

For newcomers, the speaker advises starting with the Facebook Ads Library rather than relying on tools like Kilo Data. They recommend experimenting with different creatives and offers, testing what works, and focusing on differentiation to increase the likelihood of success in a competitive market.