Avoid common mistakes on Mercado Livre by watching this revealing video! Bruno de Oliveira, CEO of EnP, will explore the 3 biggest mistakes that beginners make when selling on Mercado Livre, potentially sabotaging their sales. ???? Learn how to sell more than R$ 18.5K every month on Mercado Livre, get to know the Ecommerce Subscription in Practice: https://enp.vc/assine-enp-yt-263 ▶️ FREE CLASS HOW TO MAKE MORE THAN 18.5K PER MONTH ON MERCADO LIVRE: https://youtube.com/live/6S-5kDqXJAI ???? Main Topics: [00:00] The 3 Biggest Mistakes Beginners Make When Selling on Mercado Livre; [0:29] How to sell on Mercado Livre in 2023; [3:41] First mistake: selling whatever you want on Mercado Livre and not selling products with demand; [7:33] Second mistake: not analyzing the competition on Mercado Livre; [11:36] Third mistake: buying inventory of products to sell on Mercado Livre in the wrong way. ❌First mistake: selling whatever you want on Mercado Livre and not selling products with demand Many new sellers make the mistake of listing any item they have available, without considering the existing demand. Mercado Livre, like any other e-commerce platform, is demand-driven. This means that products that are in high demand from consumers tend to sell more and at a faster rate. So, before deciding which products to list, it is important to conduct market research to understand which products are in high demand. This may involve checking consumer trends, analyzing sales patterns of similar products, and understanding consumer needs and wants. Ignoring consumer demand can lead to low sales and high levels of unsold inventory. ❌Second mistake: not analyzing the competition on Mercado Livre Mercado Livre is an extremely competitive platform with millions of sellers, all competing for the same consumers. If you don’t analyze your competition, you’re making a big mistake. Competitor analysis can provide valuable insights into what strategies are working for other sellers, what products are selling well, and how you can differentiate your offering. Additionally, understanding the market price for similar products can help you price your own products competitively. Failure to analyze your competition can result in ineffective marketing strategies, uncompetitive pricing, and low sales. ❌Mistake Three: Buying Inventory to Sell on Mercado Livre Wrongly Another common mistake among Mercado Livre sellers is buying inventory recklessly. Buying large quantities of a product without first testing demand can result in a large volume of unsold inventory. Additionally, if you don’t have a good inventory management system, you could end up with a shortage of popular products or an excess of products that aren’t selling well. Therefore, it’s essential to have a solid inventory management strategy that takes into account product demand, supplier lead times, and market trends. Purchasing inventory the wrong way can result in lost money, wasted storage space, and missed sales opportunities. ???? And this valuable content DOESN'T stop here... If you're just starting out and want to learn everything about how to build a dropshipping business... ???? Subscribe to Ecommerce na Prática: https://enp.vc/assine-enp-yt-263 ???? Did you like it? LIKE, COMMENT, AND SHARE! #sellonthefreemarket #howtosellonthefreemarket #sellonthefreemarketforbeginners #commonfreemarketmistakes #freemarket2023 #freemarketmistakes ---- ???? Also share our video: • 3 BIGGEST MISTAKES that Beginners Make... ---- ➜ Visit our website: https://enp.vc/enp-ytb-215 ➜ Follow Ecommerce na Prática on Instagram: / ecommercenapratica ➜ Follow Bruno de Oliveira on Instagram: / brunooliveiraoficial ➜ Follow Ecommerce na Prática on TikTok: / ecommercenapratica