Don't choose products blindly anymore! Amazon Global Store officially releases the "Living Department Store Category Strategy Manual", which provides Taiwan cross-border sellers with a full range of product selection references. Based on the latest consumer trend insights and demand interpretation, the selling points of nearly 100 products are clear at a glance!
It's unbelievable! According to Statista, the global home and lifestyle goods industry will reach $644.9 billion in 2023 and is expected to grow to $783.1 billion by 2027, with a compound annual growth rate of about 51 TP3 T. This data tells us how huge the potential of the lifestyle department store market is!
From now on, focusing on two consumer trends will be the key to success for cross-border brand owners: "Green Economy" and "Smart Upgrade".
In terms of green economy, the Nielsen IQ report points out that 55% consumers around the world are more willing to buy environmentally friendly products. This means that developing products with eco-friendly materials will become an inevitable choice for e-commerce entrepreneurs!
Statista estimates that by 2026, the global smart home industry will reach $138.2 billion. Consumers not only want smarter products, they also want seamless connectivity between multiple devices for a smoother experience.
For example, in the field of smart pet products, modern pet owners not only want to connect multiple devices through smart voice assistants, but also pay more attention to pet health monitoring and personalized customized services. These are the golden directions for product development!
Amazon has also launched official solutions such as the Climate Commitment Friendly Program and Amazon Confirmed Fit to help novice sellers increase item conversion rates and reduce return rates. These tools are invaluable to cross-border exporters who want to stand out from the fierce competition!
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# Amazon Global Store # Cross-border E-commerce # Lifestyle Department Store Trends # Smart Home # Green Economy # Taiwan Sellers # Global E-commerce Platforms #FBA Logistics