In the White House conference room, U.S. lawmakers fiercely debated how to "Make America Great Again". Their collective gaze eventually turned to Yiwu, China. Because - it's just too cheap! Americans are buying too much! At the center of discussion: cancelling the T86 duty-free policy. This policy exempts goods under $800 from tariffs, serving as a fast track for billions of Chinese products to enter the U.S. market. Against the backdrop of U.S. efforts to revitalize domestic manufacturing, this policy seemed long overdue for cancellation. However, in February this year, the U.S. abruptly halted T86 implementation before reversing course and extending it again. Clearly, T86 impacts not only Chinese businesses but also U.S. consumers' cost of living. On March 17, […]
This is our regularly-updated list of top website promoted products. Using our proprietary product finding technology, we’ve identified 10 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.WONDER BLADING Lip Stain Masque Category: Beauty and Personal Care Region: United Kingdom Store: Wonderskin UK Price: £8 (Approximately $10 USD) 24-hour New Sales: 29,505 Status: In Stock Release Date: September 27, 2022 Product Analysis: The WONDER BLADING Lip Stain Masque is a long-lasting lip stain that offers transfer-proof and waterproof benefits. This beauty product has gained popularity in the UK […]
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 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 […]
Dive into the latest buzz on the U.S. TikTok Shop from April 5th to 11th, 2024, straight from the GoodsFox data vault! Apparel: Clothing sales are trending towards seasonal, casual comfort, and fitness needs. Casual vests, leisure pants, various sportswear sets, jumpsuits, and shapewear make up the TOP10. Beauty & Self-Care: Daily grooming products dominate the hot picks, including electric toothbrushes, mouthwash, body lotion and so on. Toys & Games: Bubble popping toys, gaming consoles, cartoon plush toys, and educational toys are among the top picks. Home Essentials: Small household items are popular, such as digital alarm clocks, plastic hooks, sponge sets, and liquid detergent. Unique lighting fixtures like solar wall lights and color-changing LEDs are also in demand. If […]
This is our regularly GoodsFox weekly news about ecommerce market,here are the most noticeable events happening this week ! 01.US online grocery sales decrease in 2023 U.S. online grocery sales in 2023 reached $95.8 billion, according to annualized results from the monthly Brick Meets Click/Mercatus Grocery Shopper Survey. That’s a 1.2% decline from 2022, which Brick Meets Click and Mercatus attributed primarily to a decline in order frequency among online grocery shoppers. The data shows that U.S. online grocery sales decreased from 2021 to 2022, then again from 2022 to 2023. Online grocery sales had dropped to $97.0 billion in 2022 from $97.6 billion in 2021. According to Brick Meets Click and Mercatus, the data is based on more than […]
This is our regularly GoodsFox weekly news about ecommerce market,here are the most noticeable events happening this week ! 01.AI is giving Santa a boost this holiday season The rise of generative AI — and the use of ChatGPT — has inspired more retailers and holiday shoppers to experiment with the technology this holiday season. But for now, most of the technology’s influence will come in ways consumers won’t see. Source:CNBC Here are three major ways that AI is showing up this peak shopping season — and how it may preview the future: A time-saving and efficiency tool This season, AI is helping retailers in some major ways behind the scenes. Think of those mundane but critical tasks like ordering […]
This is our regularly weekly news about ecommerce market,here are the most noticeable events happening this week ! 01 TikTok, Tokopedia could announce Indonesian e-commerce deal soon Source:NIKKEI Asia Talks between ByteDance, the Chinese owner of the popular short video app TikTok, and Tokopedia, the e-commerce division of the Indonesian tech giant GoTo, for a partnership and investment are in the final stages, DealStreetAsia has learned. A deal may be announced as soon as this week or the next. There is a possibility that TikTok will pick a small stake in Tokopedia and gradually increase it to a majority stake, according to multiple people familiar with the matter. "Initially, ByteDance wanted a 10% stake in Tokopedia, but GoTo has been […]