How to perform market search before buying/sourcing a product?

If you are determined to spend your hard earned money to launch a new business, the best way to optimize your success is to carry out thorough market research before you begin doing any purchases.

Market research will provide you with a better understanding of your competition and your target audience, and allow you to gain a keener insight into the business environment. It would help you decide upon the business practices and methodologies that will best serve your intended customer base. Ongoing market research not only helps you source the right product, but also enables you to form educated and profitable business decisions.

Whether you decide to sell products online or offline, effective market research is a significant task since most of your success would depend on appropriate product sourcing. Product sourcing can make or break your business profits. The process may seem exhaustive and time consuming but it is worth the effort.

Before sourcing a product, you must find out the demand for that particular product. If you source a product that demonstrates significant demand in the market, you will be more likely to incur good sales and eventually substantial profits too. On the other hand, buying products that are not in much demand would mean lower sales. Your goods may even end up in the warehouse, wasting your space and your business capital.

Your market research must also include determining the appropriate profit margin for the particular product that you are planning to source. As a business owner, you must aim to maximize your profit margin by sourcing goods at the lowest possible rates while still offering them to your customers at a discount off the retail value.

Do not forget to look at the competition in the market. Are there many sellers offering similar products in your same sales channel? What price are those sellers offering? How much of the market share are your competitors enjoying? These details can further aid you in making the right purchasing decisions.

In order to carry effective market research for sourcing the right product, you should consider making use of market research tools. With the help of market research tools you can find out how quick your products would sell in the market. You can find out which wholesale products are profitable and which are not, and you can avoid the pitfalls that most businesses face by sourcing the wrong product. Market research tools would enable you to start a profitable business and expand your business quite easily.

There are paid as well as non-paid market research tools that will help you know what your customers are buying. Depending on your aibility, you may use either to get reliable data before sourcing any product.

Search for Hot Items on eBay or Amazon.com, two of the leading online marketplaces. Regardless of the category of products that you are interested in selling, you will be able to gauge the supply, demand and availability of these products on the current market to determine if it’s worthwhile to jump on board or choose another product line. There is another very useful section on the eBay called as eBay Pulse. It lists out the words that have been searched for the maximum number of times and can also be great for conducting your searches.

Last but not the least; complement your market research with social media marketing. Create a fan page on Facebook, Pinterest or any other social networking site to find out what your target customers like and what their preferences are. You may also get their opinions on how you can serve them better.

Hope these tips help you in sourcing the right product for your business. All the best for your future endeavours.

Exxelia Releases Revolutionary new Miniature Micro-Layer Capacitors

NORTHVALE, New Jersey, USA – New Yorker Electronics has announced the availability of the new Exxelia Miniature Micro-Layer (MML) film capacitors, a product Exxelia calls a breakthrough technology that allows tremendous size and weight reduction thanks to its high energy density.

According to Exxelia, the new MML line boasts an unparalleled energy density of 400 J/dm3. It allows for a substantial size/weight reduction compared to traditional Polypropylene or Polyester dielectrics, with an increased operating temperature up to 140°C and transient voltage protection.

Exxelia MML capacitors therefore offer a large flexibility in design by easily allowing low profile configurations. Several studies have been conducted on actual cases of controls and DC-Links functions for aircraft applications. All have shown about 50-percent reduction in size and weight compared to other film technologies.

The comparative picture with MLCC is even more flattering, as it demonstrates between 70% to 90% reduction in weight, while showing no capacitance derating with voltage applied and a low drift < 5% through the temperature range. Applications using clusters of stacked MLCCs can now be replaced by a single MML unit of similar size, with all the increased reliability that film dielectric offers.

With such remarkable properties, Exxelia’s new MML capacitors are perfectly suitable for power supplies, DC-links, AC/DC/AC power converters, charge/discharge or power generation functions of commercial/military aircraft, satellite platforms and payloads, launchers, defibrillators, downhole tools and any applications of confined electronics.

Features & Benefits:

Up to 50% size reduction vs other film technologies
Lightweight : 80 to 90% lighter than ceramic
No capacitance derating in voltage
Capacitance from 1μF to 1000μF
Voltages from 50V to 1000V
Operating Temperature -55°C to +140°C
Highly customizable
Applications:

Commercial/Military Aircraft
Satellite Platforms and Payloads
Launchers
Defibrillators
Downhole Tools
Samples are readily available from New Yorker Electronics upon request. New Yorker Electronics supplies Exxelia Film, Mica, Tantalum, Aluminum Electrolytics and Ceramic Capacitors as well as its EMI/RFI Filters, Magnetics, Position Sensors, Slip Rings and Rotary Joints.

Best Engineering & core technology of Europe

v Swivel Joints is the best Engineering & core technology of Europe.

Group ‘Fourwents’ was founded in 1958 at Ahmedabad, Gujarat, INDIA, by Mr. S. N. Modak. He was the captain of battalion in British army, during second world war.
In those days, ‘Fourwents’ manufactured different kinds of spare parts for various process machineries & industries. In 1958, we commenced the production of import substitutes Process Equipment’s, Industrial and Process Rollers, Chill Rollers, Hot & Cool Rollers, Can Dryers & Rotary Unions, Rotary Joints,
Swivel Joints & Syphon Systems.
Ultimately ‘Fourwents’ products became primary choice in many industries in INDIA & more than 30 Countries in the World.
ABOUT US & OUR PRODUCTS: -

The company is based in Ahmedabad, in industrial state of Gujarat, India. It is accredited with iso 9001-2015. ‘The Group Forwent’ manufacture variety of key components & equipment’s & to-day it has become a first tire supplier to leading manufacturers serving diversified industries like:

OIL, GAS & PETROLEUM INDUSTRIES
CHEMICALS & PHARMACEUTICAL INDUSTRIES
PORTS & MARINE
OFFSHORE INDUSTRIES
FURNACE COOLING
STEEL, IRON & MINING
PACKAGING INDUSTRIES – FILM, PLASTIC, PRINTING & PAPER

PULP & PAPER INDUSTRIES
FOOD & BREWERIES & SO MANY OTHER INDUSTRIES
RUBBER & AUTOMOTIVE TYRE INDUSTRIES
SOLAR POWER PLANTS
FOURWENTS’ BALL JOINTS AND SWIVEL JOINTS ARE MFG. IN: -

Aluminium
Carbon Steel
Low Temperature Steel
Stainless Steel
Duplex, Super Duplex
Caste Alloy
PTFE (Teflon) Lined, Rubber & Other Lining.
Other Material on Request
We manufacture, industry’s standard swivel style 10,20,30,40,50,60,70, & 80 as in – low pressure swivel joints, general purpose swivel joints, high pressure swivel joints, extra high-pressure swivel joints, complete light duty swivel joints, roto-ball & flexi-ball ball joints and standard & engineered swivel joints for special applications.

Fourwents’ with its mass production on fully CNC machine controlled fully automated lines, ‘Fourwents’ offers quality you can see.

Fourwents’ is a certified an ISO 9001-2015 COMPANY and all areas of our quality management system are being continuously improved.
Fourwents’ is one of the most important manufacturers of standard & engineered Ball Joints, Swivel Joints, Rotary Joints, Rotary Unions, Loading-Unloading Arms, spares and assemblies, all accessories and equipment’s.
F’ SERIES FLEX / FLEXI-BALL & ROTA/ROTARY-BALL TYPE BALL JOINTS: -
The exible joint method and the pipe loop method are the two main methods for providing piping exibility.

It has an inner ball-shaped adapter that is surrounded by a two-piece dome-shaped casing and retainer. The sealing mass is placed in the seal groove, and the adjacent surfaces completely enclose the seal cavity. The sealing mass is placed in the seal groove, and the adjacent surfaces completely enclose the seal cavity. The sealing material completely ells the seal cavity in which it is placed.

The joint can rock within the range specied by the opening of the outer housing or retainer. It can also rotate 360° degrees axially. Both Rotary axial swivel joints (hereafter referred to as Rota joints) and multi axial flexible joints ( hereafter referred to as Flex joints) are ball joint design variants that provide rotation only and flex and rotation movements, respectively.