Lazada Southeast Asia Market Selection Strategy: Trend Analysis of Accessories and Pet Products
The Southeast Asian market is dynamic and consumer preferences are diverse and unique. In order to help merchants better grasp the pulse of the market, this article will start from the two popular areas of accessories and pet products and share a series of product selection suggestions and operation strategies.
Accessories Category Selection Guide
Y2K style
Y2K style (YEAR 2000 abbreviation) is popular in the Philippines, Thailand and other places with its sense of technology, bright colors and sweet but not greasy playfulness.
Simple style
Accessories with simple lines, concentrated colors and personalized designs have formed a stable market in Singapore, Vietnam and other places.
Light European and American style
Accessories with European and American elements are performing well in the Philippine market.
Korean style
Deeply influenced by Korean culture, consumers in Vietnam and other countries prefer jewelry with a modern girlish style.
INS style
Malaysian consumers love INS-style trinkets because they are simple, high-end and fashionable.
Business style
Business-style accessories such as watches and necklaces are in high demand in Singapore, Malaysia and other places.
Key points of product selection and operation
- Precise positioning: Quickly capture market trend products through internal and external channels to ensure the quality and update speed of new products.
- Price Matrix: Establish the distribution of product price ranges, optimize the store navigation structure, and use platform marketing tools to promote sales.
- Refined operation: Use on-site advertising and multiple traffic portals to increase conversion rates.
Pet products selection guide
Market Overview
- Malaysia: Legal and religious factors lead to a larger number of cats.
- Philippines: Canine pets are more popular.
- Singapore: High-end pet food dominates.
- Thailand: Pet food has high standards and prefers delicious and nutritious food.
- Vietnam: Mid-range pet food occupies a relatively high share.
Operational strategy
- Follow the trend: Adjust product lines in a timely manner according to regional characteristics and festival atmosphere.
- Diversified marketing: Optimize product display pages and actively participate in platform promotions.
- Social media linkage: Strengthen online advertising promotion and attract traffic through social platforms.
- Overseas warehousing and logistics: For bulky or heavy goods, it is recommended to use overseas warehouses to reduce costs and improve distribution efficiency.
Through the above analysis, it can be seen that whether it is in the field of accessories or pet products, the key to success in the Southeast Asian market lies in an in-depth understanding of local culture and consumer behavior and habits, and formulating flexible and effective market strategies accordingly. I hope the above information can provide valuable reference for all sellers.