How to Tell if Your Product will be Profitable: The Importance of Product Validation
If you don’t know the answer to this question for absolute certain, it is time to add a very simple, but critical step to your sourcing game. Product Validation
Product validation is the process by which an importer determines whether the advantages of Chinese manufacturing outweigh the potential pitfalls with respect to their specific product.
It never fails. A new customer signs up for our all-in-one A-Z service and fills out the info about their product. We then get our team in China to do the validation and it turns out the product will actually LOSE them money. This could have all been avoided by conducting a proper product validation and cost analysis.
It will save you time and money on every product you ever source. BEFORE you place the order!
To conduct a proper validation, there are about 24 things you need to look out for. Luckily for you, we do this so often that we’ll share our strategies for validating products quickly and simply. If you’d like our Product Validation Guide, click the ebook icon below to download it!
Even though we offer Product Validation services, we recommend that every seller do their own. At least once. This way you’ll develop more knowledge about the details of your product and the manufacturing and material details. But, if you don’t have the time or desire to do the product validation yourself, never fear; we’ve got you covered.