Top 10 Product Research Tools and Methods For Dropshipping Stores

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Top 10 Product Research Tools

Ashutosh Ranjan

Created on

June 9, 2024

Last updated on

June 9, 2024

Written by:

Ashutosh Ranjan

Verified by:

Mohit Mishra

Are you prepared to take your dropshipping store to the next level? Whether you're an experienced entrepreneur or just getting started with e-commerce, selecting the proper things to offer is critical. But, with so many options available, how can you separate the good from the bad?

Imagine having a tool that reveals trending products, market demand, and profitable niches right at your fingertips. You don't need magic, just the correct tools and procedures!

In this article, we'll look at the finest product research tools and strategies for identifying the most popular products, analyzing competition, and staying ahead of market trends. These tools and strategies are intended to simplify your life, improve your decision-making, and increase the profitability of your store.

What is Product Research in Dropshipping?

Dropshipping product research is the process of finding and selecting the best products to sell in your dropshipping store. Since dropshipping means you don’t hold any inventory yourself, choosing the right products is crucial for your success. Here's a simple explanation:

When you run a dropshipping business, you need to decide which products to list on your online store. You don’t buy and store these products yourself; instead, you rely on suppliers to ship them directly to your customers when an order is placed. The goal of product research is to identify products that are:

In High Demand: People want to buy them.
Profitable: You can sell them at a price that gives you a good profit margin.
Low Competition: Not too many other sellers are offering the same products.
Trending: Popular now or expected to become popular soon. According to a Nielsen survey, 57% of respondents shopped from a foreign website in the previous six months.

What is the Method of Product Research?

Product Research is done using the following methods

Use Product Research Tools: There are online tools designed to help you find trending and profitable products. These tools analyze sales data, market trends, and competition.
Check Online Marketplaces: Look at popular sites like Amazon, eBay, and AliExpress to see what’s selling well.
Monitor Social Media: See what products are being talked about and shared on platforms like Instagram, TikTok, and Facebook.
Analyze Competitors: Check what successful dropshipping stores are selling.
Use Google Trends: See which search terms are becoming popular.

Why Do You Need Product Research Tools for Dropshipping?

A product research tool is a software application or platform that helps e-commerce entrepreneurs, particularly dropshippers, find profitable products to offer in their online stores. Dropshipping product research tools let us comprehend market trends, analyze sales data, and identify successful products. Some tools have a variety of capabilities, while others focus on a specific area. Dropshipping enterprises require product research tools for a variety of reasons, including:

Identify Profitable Products: These tools assist you in identifying products with high demand and profit margins, ensuring that you invest in revenue-generating things.
Understand Market Trends: By evaluating market trends, you can determine which items are gaining popularity and which are dropping, allowing you to stay ahead of the competition. The worldwide e-commerce sector is anticipated to reach $4.2 trillion by 2024. By 2027, 23% of all retail sales will take place online.
Analyze Competition: These tools reveal how many vendors are selling the same products, allowing you to assess the amount of competition and determine whether it is a viable market.
Save Time and Effort: Manually researching items can be time-consuming. Product research tools make this process easier by delivering full data and analysis quickly.
Reduce Risk: Making data-driven decisions lowers the risk of investing in products that do not sell well, saving you money and resources.
Optimize Listings: These tools frequently include features that assist you in optimizing your product listings, such as keyword suggestions and competitor analysis, which can boost your store's visibility and sales.

Top 10 Product Research Tools in 2024

Now, you have understood what a product research tool is and why you need it. Now you must be wondering which is the best one. Here is a list of the top ten product research tools to boost your business.

1. Jungle Scout

Jungle Scout is a complete product research tool customized exclusively for Amazon sellers. It assists users in discovering successful products, tracking sales data, analyzing market trends, and optimizing their product listings. Jungle Scout's powerful features deliver actionable analytics, allowing sellers to make informed decisions and boost their chances of success on Amazon.

Key Features

Allows users to search through a massive database of Amazon products.
Filters based on criteria like category, price, sales, and reviews to identify potential opportunities.

Tracks the performance of products over time.
Provides data on sales, price changes, inventory levels, and more.

Identifies high-potential niches and products.
Analyzes demand, competition, and other key metrics to score opportunities.

Conducts in-depth keyword research.
Identifies high-volume and relevant keywords to improve product listings and SEO.

Provides detailed sales and revenue data.
Tracks financial performance and profitability metrics.

Pricing

Basic Plan: It costs $49 per month (or $29 per month if invoiced annually). It includes the Chrome addon, restricted access to the product database and tracker, and rudimentary customer support.

Suite Plan: It costs $69 per month (or $49 per month if invoiced annually). It contains all of the Basic plan's capabilities, as well as complete access to the product database and tracker, keyword scout, supplier database, listing builder, and sales statistics.

Professional Plan: It costs $129 per month (or $84 per month if invoiced annually). It offers all of the Suite plan's capabilities, as well as additional features such as review automation, inventory management, priority assistance, and more thorough data and analytics.

Enterprise Solutions: Pricing tailored to specific business needs. Tailored solutions for larger enterprises with complex needs include personalized assistance and dedicated account management.

2. Helium10

Helium 10 is a comprehensive software suite for Amazon sellers, including tools for product research, keyword research, listing optimization, and market analysis. It is intended to assist sellers with finding successful products, optimizing their listings, tracking competition, and managing their businesses more effectively on Amazon.

Key Features

Filters and searches the Amazon marketplace to find profitable products based on criteria like sales, reviews, competition, and more.
Chrome extension for real-time product analysis.
Provides sales estimates, revenue, and other key metrics for any product on Amazon.
It finds all the keywords a specific ASIN is ranking for, helping you understand your competitors' strategies.
Generates a comprehensive list of relevant keywords for your products to improve your listings and PPC campaigns.
It allows you to organize and optimize large lists of keywords by removing duplicates and sorting them efficiently.
It helps you create and optimize product listings by ensuring you use all relevant keywords effectively.
It checks if your listings are indexed for specific keywords on Amazon.
Ensures your products are searchable by customers.
Provides insights into the performance of your SEO and PPC efforts.

Pricing

Free Plan: $0 per month - Limited access to a few tools with basic functionality, ideal for beginners wanting to try out the platform.

Starter Plan: $29 per month - Includes access to Xray, Black Box, and other essential tools, suitable for small businesses starting out.

Platinum Plan: $79 per month - Full access to most tools, including Black Box, Cerebro, Magnet, Scribbles, Keyword Tracker, and more. Ideal for growing businesses.

Diamond Plan: $229 per month - All Platinum Plan features plus advanced tools like Market Tracker, Inventory Management, and access for multiple users. Suitable for established businesses with higher needs.

3. Dropship Spy

DropshipSpy is a product research tool created exclusively for dropshipping enterprises. It assists entrepreneurs in identifying hot and profitable things to sell, as well as providing information about competitors and marketing resources. DropshipSpy's user-friendly interface and comprehensive capabilities enable dropshippers to identify winning products and optimize their marketing campaigns.

Key Features

Extensive collection of trending and profitable products.
Update regularly with new products to keep your store competitive.
Detailed analysis of each product, including sales data, profit margins, and supplier information.
Insights into the best-selling platforms and marketing strategies for each product.
Provides information about other stores selling the same products.
Helps you understand pricing, marketing strategies, and market saturation.
Helps create effective ad campaigns by suggesting interest-based targeting options.
Monitors and analyzes Facebook ads from competitors.
Provides insights into successful ad copies, creatives, and strategies.
Allows you to analyze top-performing dropshipping stores.
Provides insights into their best-selling products, traffic sources, and marketing tactics.
Calculates the engagement rate of Instagram influencers.
Helps you choose the best influencers based on their audience engagement.

Pricing

The pricing of DropshipSpy starts at $39 for a pro membership. It unlocks thousands of products, over 1500 new products every year. It enables product research for Amazon, CJ Dropshipping, AliExpress & eBay Analysis

4. Exploding Topics

Exploding Topics is a product research tool that helps entrepreneurs, marketers, and enterprises find new trends and profitable product ideas before they become popular. It uses data from multiple sources and algorithms to analyze and forecast the emergence of specific subjects, products, and trends, giving users practical information for their business goals.

Key Features of

Identifies emerging trends across various industries.
Uses algorithms to predict the growth potential of trends before they become widely known.
Provides in-depth analysis of trends, including historical data, growth rates, and potential future performance.
Helps users understand the significance and trajectory of each trend.
Allows users to set up custom alerts for specific topics or industries.
Notifies users when new trends matching their criteria are identified.
Filters trends by categories such as technology, health, fashion, and more.
Enables users to focus on the most relevant trends for their business.
Delivers monthly reports summarizing the most important emerging trends.
Keeps users informed about the latest developments in their industry.

Pricing

Entrepreneur: $79 monthly. It Includes 100 Tracked Trends, 10 Trend Analyses, 1 User Seat, Trends Database, Trending Products, Meta Trends

Investor: $199 monthly. It includes 500 Tracked Trends, 100 Trend Analyses, 4 User Seats, Trends Database, Trending Products, Meta Trends, etc.

Business: $499 monthly. It includes 2,000 Tracked Trends, 500 Trend Analyses, 10 User Seats, Trends Database, Trending Products, Meta Trends

5. Niche Scraper

Niche Scraper is a product research tool built exclusively for dropshippers and e-commerce business owners. It enables users to identify popular and profitable items, analyze competitors, and produce winning product ideas. Niche Scraper's robust scraping features allow it to collect and analyze data from a variety of e-commerce platforms, delivering actionable insights to help users stay competitive in the dropshipping industry.

Key Features

Scans and extracts data from top e-commerce platforms like AliExpress and Shopify.
Identifies trending products based on sales data, reviews, and other key metrics.
Offers a curated list of handpicked winning products selected by experts.
Provides detailed analysis and recommendations for each product.
Monitors and analyzes successful Facebook ads from competitors.
Analyzes top-performing Shopify stores and their best-selling products.
Helps users understand market trends and competitive strategies.
Breaks down the performance of successful dropshipping stores.
Offers insights into their traffic sources, marketing tactics, and product selections.
Assists in creating engaging video ads for your products.
Estimates the sales volume and revenue of specific products.
Allows users to scrape products directly from AliExpress and other supported sites.
Provides instant access to product data and trends while browsing.

Pricing

Niche Scrapper provides both free and paid plans. The paid plan called Pro Plan starts at $49.95 a month and provides more comprehensive tools such as Adspy and Shopify store analysis.

6. Ecom Hunt

Ecomhunt is a useful product research tool for dropshippers and e-commerce entrepreneurs, providing daily curated lists of popular products as well as thorough analytics and marketing insights. Its features, such as Facebook ad examples, targeting ideas, and a profit calculator, give customers the information they need to make informed marketing decisions and optimize their campaigns.

Key Features

Provides a curated list of new trending products every day.
Each product listing includes essential details such as profit margins, recommended selling prices, target audience, and more.
Offers comprehensive analytics for each product, including sales data, competition level, and performance metrics.
Provides insights into the potential profitability of products.
Includes examples of successful Facebook ads for each product.
Helps users understand effective ad creatives and strategies.
Provides targeting recommendations for Facebook ads.
Suggests demographics, interests, and behaviors to target for optimal ad performance.
Links to existing Shopify stores that are successfully selling the featured products.
Allows users to analyze competitors and see how they are marketing their products.
Direct links to suppliers on AliExpress and Amazon for easy product sourcing.
Includes supplier ratings and reviews to help users choose reliable sources.

Pricing

Free Plan: $0
Basic Plan: $23 monthly when billed annually
Pro Plan: $39 monthly when billed annually
Suit Plan: $49 monthly when billed annually

7. Thieve

Thieve.co is a product research tool that helps e-commerce entrepreneurs, dropshippers, and small business owners identify popular and high-quality products to sell online. It compiles a list of the top AliExpress products, chosen by a community of curators, photographers, and influencers. Thieve focuses on delivering visually appealing and unusual products that have the potential to sell well on e-commerce platforms.

Key Features

Handpicked products from AliExpress by a team of curators.
Focuses on visually appealing, high-quality, and trending products.
Products are organized into various categories such as home decor, fashion, gadgets, and more.
Makes it easy for users to find products that fit their niche.
Highlights trending products based on community votes and engagement.
Helps users identify which products are currently popular.
Direct links to AliExpress suppliers for easy sourcing.
Includes supplier ratings and reviews to ensure product quality and reliability.
Allows users to save their favorite products and organize them into collections.
Makes it easy to keep track of products for future reference or purchase.
Offers a visually appealing interface with high-quality product images.
Continuously updated with new products and trends.
Ensures that users always have access to fresh and relevant product ideas

Pricing

Free Plan: $0 per month. It gives access to a limited selection of curated products, basic trend insights, and direct links to AliExpress suppliers. It is suitable for beginners who want to explore the platform and get a feel for the types of products available.

Pro Plan: $15 per month. It gives full access to all curated products, advanced trend insights, additional categories, and exclusive products not available in the free plan. Also includes premium features like favorites and collections.

8. AlgoPix

Algopix is a thorough product research tool that helps e-commerce sellers and dropshippers make informed judgments about what things to sell. Algopix analyzes data from various e-commerce platforms and markets to provide insights into product demand, pricing, competition, and future profitability. It enables merchants to optimize their inventory, set competitive prices, and locate the best markets for their items.

Key Features

Evaluate product demand across multiple markets (e.g., Amazon, eBay, Walmart).
Provides sales volume estimates and market trends to gauge product popularity.
Offers pricing recommendations based on competitive analysis.
Analyzes the competition for specific products in different markets.
Supports various identification methods, including UPC, ASIN, and keywords.
Helps users quickly find and analyze specific products.
Allows users to evaluate product performance across different channel
Provides data and insights for multiple international markets.
Detailed breakdown of all costs associated with selling a product, including shipping, marketplace fees, and taxes.
Assists users in understanding the total cost structure and profitability.
Estimates the sales potential for products based on historical data and market analysis.
Helps users predict future sales and make data-driven inventory decisions.
Offers real-time data and updates to ensure users have the latest market information.

Pricing

AlgoPix offers 14 days free trial and Business Account is billed at 336 dollars per year

9. Sell The Trend

Sell The Trend is a comprehensive product research tool created for e-commerce entrepreneurs, particularly those that use dropshipping. It promises to assist customers in identifying trending products, assessing their potential, and streamlining the process of starting and operating successful e-commerce sites.

Key Features

Sell The Trend, aggregates data from various sources including AliExpress, Shopify, Amazon, and eBay. It helps users identify trending products with high potential by analyzing sales data, trends, and competition.
This feature allows users to spy on successful stores. By analyzing competitors’ best-selling products and strategies, users can gain insights into what works in their niche.
Trend Explorer helps users discover products that are currently trending across multiple platforms. This ensures that users are aware of the latest market demands and can capitalize on them.
Direct integration with AliExpress allows users to explore top products, analyze supplier performance, and view detailed sales data.
Sell the Trend provides tools to create engaging video ads quickly. These ads are crucial for marketing products on social media platforms like Facebook and Instagram.
This tool estimates the potential engagement of social media ads, helping users optimize their marketing efforts for better ROI.

Pricing

The Essential package is priced $39.97 per month and Pro is priced at $99.97. If you opt for a yearly package, you will get 2 months free.

10. Alishark

AliShark is a product research tool designed for e-commerce entrepreneurs, particularly those involved in dropshipping with AliExpress. It provides comprehensive data and analytics to help users find profitable products quickly and efficiently.

Key Features

AliShark provides real-time data on millions of products from AliExpress, including sales volume, price changes, and order trends.
Users can filter products by various criteria, such as category, price range, shipping method, and more. This helps narrow down search results to find the most relevant products.
Detailed sales analytics show the number of orders, growth trends, and historical performance of products. This helps users identify products with consistent demand.
Users can analyze competitors by looking at top-selling products in specific niches and understanding what products are trending in the market.
Allows users to bookmark products of interest and track their performance over time. This feature is useful for monitoring potential products before deciding to list them.
Offers insights into product performance, including details like the number of orders over different time periods, top countries ordering the product, and daily sales data.
Users can export product data for further analysis or record-keeping. This is useful for creating reports or integrating with other tools.

Pricing

Alishark's monthly pricing starts from $20 per month

What Factors to Consider While Selecting Product Research Tool?

It is important to consider the following factors when choosing the best product research tool for your store

Features and Functionality: Ensure the tool has essential features like trend analysis, competitor spying, product performance tracking, and supplier information.

Ease of Use: The tool should have an intuitive interface that’s easy to navigate, even for beginners.

Pricing and Value for Money: Compare pricing plans of different tools and see which offers the best value for its features.

Accuracy and Reliability of Data: The tool should provide accurate and real-time data to make informed decisions. Also, the data should be consistent and reliable

Customer Support and Resources: Responsive and helpful customer support is crucial for addressing issues.

Integration Capabilities: Seamless integration with your e-commerce platform can streamline operations and save time.

Product Research Tools - FAQs

What is a product research tool?

A product research tool is a software application that assists e-commerce entrepreneurs, dropshippers, and businesses in identifying successful products for online sales. These tools provide useful information and insights on numerous items, such as sales performance, market demand, competition, and trends.

Which is the best product research tool for dropshipping?

Some of the best product research tools in dropshipping are Dropship Spy, Niche Scrapper, Alishark, Sell the Trend, etc.

Which is the best Amazon product research tool?

The best Amazon product research tool is decided by your specific needs and tastes, but some of the most popular Amazon product research tools include Jungle Scout, Helium 10, ZoneBase, Keepa, Seller App, etc.