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.

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 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 […]