How to Hunt Product for Daraz | Product Hunting Criteria for Daraz | Product Hunting Lec2
Product hunting for Daraz is the process of identifying new and popular products that can be sold on the Daraz platform. The goal of product hunting is to offer a wide range of products to customers and increase sales for Daraz and its sellers. Product hunting involves researching new and trending products, analyzing market trends, and working with suppliers and manufacturers to source products.
To identify new and popular products, Daraz employs a team of product hunters who are responsible for researching market trends and analyzing customer data. They use data analytics and research tools to identify emerging trends and popular products in various categories, such as fashion, electronics, and home appliances. They also work with suppliers and manufacturers to source products that meet Daraz’s quality standards and are in demand by customers.
Once the product hunters have identified new products, they work with Daraz sellers to list the products on the platform. They provide guidance on pricing, product descriptions, and marketing to help sellers sell the products effectively. Daraz also promotes new and popular products through its marketing channels to increase visibility and encourage customers to make a purchase.
Overall, product hunting is an important aspect of Daraz’s business strategy as it helps to offer a wide range of products to customers, increase sales, and maintain competitiveness in the online retail market.
Assessment:
Product hunting is an essential aspect of Daraz’s business strategy, as it allows the company to offer a wide range of products to customers, increase sales, and maintain competitiveness in the online retail market. Here are some key points to consider in assessing Daraz’s product hunting strategy:
- Market Research: Daraz’s product hunting team conducts extensive market research to identify new and popular products. They use data analytics and research tools to identify emerging trends and popular products in various categories. This ensures that the products offered on Daraz are in line with market demand.
- Sourcing and Supplier Management: Daraz’s product hunting team works with suppliers and manufacturers to source products that meet Daraz’s quality standards and are in demand by customers. This involves building strong relationships with suppliers and negotiating favorable terms to ensure a reliable and steady supply of products.
- Collaboration with Sellers: Daraz’s product hunting team collaborates with sellers to list the products on the platform. They provide guidance on pricing, product descriptions, and marketing to help sellers sell the products effectively.
- Promotions and Marketing: Daraz promotes new and popular products through its marketing channels to increase visibility and encourage customers to make a purchase. This includes targeted advertising campaigns, social media marketing,
Concept Description:
Product hunting is a crucial part of Daraz’s business strategy, which involves identifying new and popular products that can be sold on the platform. The product hunting process includes research, analysis, and collaboration with suppliers and sellers to ensure that the products offered are in line with customer demand and meet Daraz’s quality standards.
The product hunting team at Daraz conducts extensive market research to identify emerging trends and popular products in various categories, such as fashion, electronics, and home appliances. They use data analytics and research tools to gather insights on customer preferences and behaviors.
Once new and popular products are identified, the product hunting team works with suppliers and manufacturers to source the products. They negotiate favorable terms and build strong relationships with suppliers to ensure a reliable and steady supply of products.
The product hunting team also collaborates with Daraz sellers to list the products on the platform. They provide guidance on pricing, product descriptions, and marketing to help sellers sell the products effectively. Daraz also promotes new and popular products through its marketing channels to increase visibility and encourage customers to make a purchase.
Overall, product hunting is an important aspect of Daraz’s business strategy as it helps to offer a wide range of products to customers, increase sales, and maintain competitiveness in the online retail market.