GoodsFox Daily News June 24, 2024 ● Pink Tip Women's Sweatshirt recently became a breakout item in the TikTok US region ● PL Makeup Academy Lip Balm has recently been a hot seller in the TikTok UK region ● TikTok Files First Amendment Lawsuit ● Morgan Stanley forecasts Temu to reach $130 billion in GMV by 2030 ● Massive miscalculation on the eve of Amazon Prime Membership Day   1. Pink Tip Women's Sweatshirt Recently Exploded on TikTok USA A women's solid-color tracksuit from Pink Tip, which includes a sporty zip-up drawstring jacket and high-waisted leggings, has recently exploded on TikTok US. According to GoodsFox, it sold 16,153 units per day on June 20 on TikTok US.   2. PL Makeup Academy Lip Balm recently sold on TikTok UK. PL Makeup Academy Lip Balm has been a recent hit on TikTok UK, helping to repair dry and damaged lips. According to GoodsFox, in the TikTok UK region, the product reached 4,630 daily sales on June 21st and 153,832 in the last 30 days.   3. TikTok Files First Amendment Lawsuit TikTok says the U.S. government failed to adequately consider viable alternatives before pushing through a law that could have banned the platform from being listed in the U.S. TikTok claims it provided the U.S. government with a detailed, multi-hundred-page plan to mitigate national security risks.   4. morgan stanley predicts temu 2030 gmv expected to reach $130 billion Temu is in a critical period of global expansion. Morgan Stanley recently predicted that Temu is on track to be profitable by 2025 at the earliest, and that it has huge potential to grow its GMV to $130 billion by 2030.   5. Massive Misclassification on the Eve of Amazon Prime Membership Day Since June 18, according to the reaction of several Amazon sellers, their on-sale listings were misclassified as children's products, thus affecting normal sales, including accessories, jewelry, home furnishing and other categories of listings are affected.

GoodsFox Daily News June 21, 2024 ● The seasoning pack Birria Bombs Pack is a hit on TikTok in the US, with recent daily sales reaching up to 9,000! ● Temu may not be able to enter Indonesia due to its business mode ● The US may ban the sale of DJI drones in the country ● The 2024 China (Xiamen) International Cross-Border E-Commerce Exhibition will start at Xiamen International Convention and Exhibition Center on June 26 ● The 2024 list of the world's most valuable brands has been released: Amazon ranks fourth   1. The seasoning pack Birria Bombs Pack is a hit on TikTok in the US, with recent daily sales reaching up to 9,000! photo from: GoodsFox The Birria Bombs Pack is a seasoning pack under the EZ Bombs brand. By simply adding water and meat, you can quickly make delicious Birria, a traditional Mexican dish. According to GoodsFox data, the product's daily sales on TikTok in the US reached 4,970 on June 19, and 8,999 on June 7, with a 30-day sales volume of 75,376.   2.Temu may not be able to enter Indonesia due to its business model The Indonesian Ministry of Trade recently announced that Temu cannot enter Indonesia because its business model does not comply with Indonesian regulations. The Director General of Trade at the Indonesian Ministry of Trade, Isy Karim, pointed out that Indonesia prohibits B2C (business-to-consumer) or F2C (factory-to-consumer) business models. Temu must comply with government regulations. […]

GoodsFox Daily News June 19, 2024 Grocerism Hand and Foot Cream Sells Out on TikTok U.S., Topping 30,000 Sales in a Single Day! TikTok is introducing some new generative AI tools Gum brands such as Rockjaw promote chin reshaping to men on TikTok Speedway opens pet food category Luxury fashion e-commerce platform Net-a-Porter will withdraw from China   1.Grocerism Hand and Foot Cream Sells Out on TikTok U.S., Topping 30,000 Sales in a Single Day! phphoto from: Goods Fox Grocerism, a hand and foot cream, recently sold out on TikTok US, touting its suitability for hands, feet, and other parts of the body, and its ability to deeply moisturize the skin. According to GoodsFox, the product sold 30,370 units per day on June 17th on TikTok US.   2.TikTok is introducing some new generative AI tools TikTok is introducing some new generative AI tools that aim to help organizations and content creators grow their global audiences using customizable digital avatars and language dubbing features. Building on the Symphony generative AI ad suite unveiled last month, TikTok says these new tools are intended to break down language barriers in marketing and allow brands to “add a human touch to their content” . The first of the new offerings is Symphony Digital Avatars, which are available in two varieties: stock or custom. Stock avatars are based on paid actors from a diverse range of backgrounds, nationalities, and languages. They are available for commercial use. Custom avatars, meanwhile, are created to resemble a specific creator or a brand spokesperson and speak multiple languages — allowing the accounts that utilize them to reach foreign audiences while retaining a specific likeness. Regardless of which type of avatar is used, videos that use them will be marked with an “AI-generated” label.   3. Gum brands such as Rockjaw promote chin reshaping to men on TikTok Chewing gum companies like Rockjaw are telling consumers on TikTok that they don't have to follow a strict facial exercise program, and that simply chewing tough gum will help them reshape their skeletal muscles and make their chins more pronounced. But experts disagree, and even believe that chewing tough gum frequently can lead to a number of risks.   4. Speedway opens pet food category China is one of the world's leading exporters of pet food, which until now could only be exported through traditional trade or bulk stocking in overseas warehouses. In June this year, after the opening of "pet food special line", pet food can be sold overseas for the first time in the form of cross-border parcels, opening up a new channel for domestic pet food to go to sea.   5. Luxury fashion e-commerce platform Net-a-Porter will withdraw from China According to a news release from Fashion Business, several fashion brands recently received a message from Net-a-Porter China: Net-a-Porter's business in China is expected to be liquidated, and the online business will continue until March 2025, when it will stop placing orders with the brand starting with the spring/summer 2025 collection.

GoodsFox Daily News June 17, 2024 ● RTAUYS Sonic Electric Toothbrush is a hit in the US TikTok market, with a single-day sales volume of 3,303 ● eBay to Add Venmo as a New Payment Option ● Shopify Report Shows: 82% of UK Consumers Believe Promotions Can Increase Loyalty ● The First Beauty Cross-Border E-Commerce Conference to be Held in Guangzhou on July 3 ● TikTok Shop Lowers the Threshold for Southeast Asia Cross-Border Entry 1.RTAUYS Sonic Electric Toothbrush is a hit in the US TikTok market, with a single-day sales volume of 3,303 Photo from:  GoodsFox  RTAUYS is a sonic automatic toothbrush that provides in-depth and thorough cleaning for teeth, with a cleaning effect five times that of adult low-frequency electric toothbrushes. According to GoodsFox data, on June 16, the product's daily sales volume in the US region of TikTok reached 3,303, with a 30-day sales volume of 27,577.   2.eBay to Add Venmo as a New Payment Option In order to expand payment options and meet the preferences of a new generation of shoppers, eBay will add Venmo as a payment option on its platform this week. eBay users in the United States will be able to use Venmo to pay on their website or app, completing transactions through Venmo balance, associated bank accounts, debit cards, or credit cards.   3.Shopify Report Shows: 82% of UK Consumers Believe Promotions Can Increase Loyalty According to the latest UK Business Conditions Report by Shopify, 82% of UK consumers believe that promotions can increase user loyalty. However, facing economic pressures in the macro environment, only 6% of UK retailers plan to invest in improving customer experience. 82% choose to pass on costs to consumers.   4.The First Beauty Cross-Border E-Commerce Conference to be Held in Guangzhou on July 3 The first Beauty Cross-Border E-Commerce Conference will be held at the Guangzhou Airport Expo Center from July 3 to 5. The iPDE International Future Packaging Exhibition will also be held concurrently with the conference. Seven cross-border e-commerce sessions will feature companies such as SHEIN, TikTok Shop, Shopee, Temu, etc., and they will interpret cross-border platform and overseas regulatory policies for the audience.   5.TikTok Shop Lowers the Threshold for Southeast Asia Cross-Border Merchants. Previously, the threshold for Southeast Asia cross-border entry on TikTok Shop was high, requiring merchants to have a business license, and the legal representative of the license must have operational experience on third-party e-commerce platforms to enter. Currently, according to the latest merchant recruitment policy of TikTok Shop Southeast Asia cross-border, merchants with a business license and individual merchants with experience in cross-border and domestic e-commerce platforms can directly enter.

This is our regularly-updated list of top website promoted products Using our proprietary product finding technology, we’ve identified 5 products with a high promoted index on website, ranking top in the promotion rank of GoodsFox. Source:GoodsFox So if you’re looking for a profitable product to sell on your site, here are the top website promoted products on website right now: TOP1. Fashion Short Socks Category: Fashion Accessories Region: Thailand Price: $0.2 USD 24-hour New Sales: 16,243 Status: In Stock Release Date: 2022-10-03 Product Analysis:These fashion short socks have achieved great success in the Thai market with their diverse color sandtrendy designs.With an extremely competitive priceof just 0.20 per pair, consumers can easily purchase multiple pairs to match different outfits. The socks are […]

GoodsFox Daily News June 17, 2024 Father's Day Eve Book "Dad, I Want to Hear Your Story" Goes Viral on TikTok in the U.S., with Nearly 20,000 Copies Sold in a Single Day Amazon's European Sites Experience "Free Purchase" Incident Shopee Philippines Launches In-Transit Return or Refund Feature for Buyers Shein Hosts Craftsmanship Tool Day Reports Indicate Huge Impact of TikTok on the Beauty Industry 1.Father's Day Eve Book "Dad, I Want to Hear Your Story" Goes Viral on TikTok in the U.S., with Nearly 20,000 Copies Sold in a Single Day "Dad, I Want to Hear Your Story" is a book suitable as a gift for fathers, helping them share their life stories through reading, which is beneficial for promoting family relationships. According to GoodsFox data, on June 12 in TikTok's U.S. region, the product's daily sales reached 18,332, with a 30-day sales volume of 136,294.   2.Amazon's European Sites Experience "Free Purchase" Incident On the evening of June 5, several of Amazon's European sites, such as Turkey, Italy, and the UK, experienced an abnormal product pricing situation. Many merchants' product prices were mistakenly set to very low prices, leading to a frenzy of mass purchases by consumers. This incident has caused economic losses to sellers and greatly affected the upcoming Prime Day sales event. Currently, sellers are anxiously waiting for a solution.   3.Shopee Philippines Launches In-Transit Return or Refund Feature for Buyers Recently, Shopee Philippines announced that after June 10, 2024, buyers can apply for in-transit return or refund due to a change of mind. This feature allows buyers to apply for a return or refund for goods orders that have been shipped but have not yet been delivered.   4.Shein Hosts Craftsmanship Tool Day Recently, Shein's Craftsmanship Tool Day was held at its clothing manufacturing innovation research center. During this event, Shein showcased more than 60 self-developed technical tools, covering more than 20 industry processes, along with a series of industry-leading intelligent equipment. Shein is committed to continuously empowering its flexible supply chain through technological innovation, continuously iterating process improvements and optimization to achieve more standardized delivery quality and more lean production processes. According to the latest data, Shein has held 230 full-link supplier training sessions in the past six months, and as of May, has helped nearly 200 partner factories complete the expansion and transformation of 500,000 square meters of factory space.   5.Reports Indicate Huge Impact of TikTok on the Beauty Industry  Beauty content is one of the most popular video types on TikTok. According to a report by American media The Verge, TikTok Shop is rapidly becoming a major retailer in the beauty industry. According to a report by Dash Hudson and NielsenIQ, TikTok Shop is currently the ninth largest online beauty and health retailer in the United States and the second largest in the UK. Over the past few months, TikTok Shop has been steadily growing in the industry. According to AdWeek, TikTok Shop has surpassed competitors such as large department stores, small beauty specialty stores, and direct-to-consumer brands.

GoodsFox Daily News June 14, 2024   TikTok Shop's U.S. Summer Promotion Sets Records The U.S. cross-border self-operation model expands merchant recruitment Shein's 2023 revenue reaches $32.2 billion, surpassing Zara and H&M Mercado Livre dominates search volume on Brazilian e-commerce platforms Nearly 10,000 units sold in a single day! This baby and mother product is a hit on TikTok!   1.TikTok Shop's U.S. Summer Promotion Sets Records During this U.S. summer promotion, TikTok Shop's U.S. region GMV broke through three records: single-day GMV in the U.S. region, single-day GMV of short videos on the platform, and single-day live broadcast GMV on the platform. Founder Stormi achieved a single session sales exceeding 1 million U.S. dollars in a recent live broadcast, setting […]

GoodsFox Daily News June 13, 2024     1.Mercado Libre Launches Eco-Friendly Product Series 2.Temu's Repeat Customer Attraction Surpasses eBay 3.eBay Launches Official Website eBaymag 4.South Africa to Significantly Increase Procurement Taxes on Temu and Shein 5.TikTok plans to invest $2.1 billion in Malaysia 1.Mercado Libre Launches Eco-Friendly Product Series Mercado Libre has recently introduced a brand-new series of eco-friendly products to meet the growing environmental demands of consumers. Over 1600 eco-friendly items can be found on Mercado Libre, spanning various sectors such as fashion, healthy food, beauty, and personal care. Notably, bamboo toothbrushes, cloth shopping bags, and diapers are the most popular. 2.Temu's Repeat Customer Attraction Surpasses eBay According to financial reports, within two years of entering the U.S. market, […]

GoodsFox Daily News June 12, 2024 1.The Magic of the Soap Pen that Went Viral on TikTok 2.eBay's All-Category Seller Recruitment Conference to be Held in Guangzhou on June 13 3.The Philippines Department of Trade and Industry to Strengthen Cooperation with TikTok 4.SHEIN's Semi-Managed Model Officially Launched 5.The Number of Chinese Sellers on the Ozon Platform Exceeds 100,000     1.The Magic of the Soap Pen that Went Viral on TikTok Soapen is an innovative cleaning product designed in the shape of a crayon. Children can use it to draw patterns on their hands and then wash them clean. This product combines children's education with hygiene. Additionally, Soapen has conducted a series of marketing campaigns on TikTok, featuring product usage instructions, brand stories, user feedback, and more. Its account has over 20,000 followers and 3 million likes, with some videos garnering up to 2.1 million views. 2.eBay's All-Category Seller Recruitment Conference to be Held in Guangzhou on June 13 The eBay All-Category Seller Recruitment Conference will be held in Guangzhou on June 13. At this event, eBay will focus on AI technology, integrating innovative AI tools and operational ADS advertising for the first time. The platform's full-category recruitment managers will share the latest platform policies, product selection, and operation guides to help sellers better utilize AI technology and the advantages of a full range of categories. The aim is to recruit more sellers with forward-thinking and innovative spirits to join eBay and help businesses expand their cross-border operations.   3.The Philippines Department of Trade and Industry to Strengthen Cooperation with TikTok Alfred Pascual, the Secretary of the Department of Trade and Industry (DTI) of the Philippines, discussed with TikTok in Singapore on June 5 to strengthen the partnership and explore new ways of cooperation to enhance the digital economy of the Philippines. During the meeting, Pascual pointed out that the cooperation with TikTok is a "key step" in promoting the development of the country's e-commerce industry. He stated, "This cooperation will greatly promote the growth and development of the digital market, benefiting businesses, consumers, and the entire economy."   TikTok was launched in the Philippines in May 2017 and launched TikTok Shop in April 2022. The platform currently has about 53 million users in the country, with approximately 2 million sellers on TikTok Shop.   4.SHEIN's Semi-Managed Model Officially Launched On June 3, cross-border e-commerce platform SHEIN officially launched its "semi-managed" model. It is reported that over 20,000 merchants are looking forward to SHEIN's semi-managed model. The platform has no performance threshold requirements for sellers, and there are no additional fees for opening a store. The platform also offers exclusive traffic support for the semi-managed model, which has already opened for the American site.   5.The Number of Chinese Sellers on the Ozon Platform Exceeds 100,000 A responsible person from the Russian e-commerce giant Ozon recently stated that by the end of 2023, the number of sellers on the Ozon platform has reached about 500,000, with more than 100,000 being Chinese sellers, accounting for at least 20%. At the same time, most of these over 100,000 Chinese sellers mainly sell electronic products such as mobile phones, computers, and video cards.

GoodsFox Daily News June 11, 2024   1.TikTok US Region Averages 10,000 Daily Sales, Another New Health Product Takes Off 2.Amazon Plans Further Layoffs for Customer Service Team 3.Mercado Libre Mexico's HOT SALE Promotion Sees 44% Increase in First-Day Sales Compared to Last Year 4.TikTok E-commerce Aims to Increase US Region's GMV by 10 Times in the Second Half of the Year 5.Temu Launches in Brazil   1.TikTok US Region Averages 10,000 Daily Sales, Another New Health Product Takes Off TikTok US Region Averages 10,000 Daily Sales, Another Health Product Takes Off Day Cleanse is a functional health product that helps promote digestion and reduce bloating and constipation. According to GoodsFox, over the past month, it has averaged 10,000 daily […]