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In this age of E-commerce of fast fashion and the hunger for innovation, finding relevant and trendy stuff has gotten very tough.
If you are looking for new ways and techniques to research products, or get ideas, then there is a high probability that you must have already stumbled across Thieve.co. But what is this E-commerce service exactly, how does it work? And what are its pros and cons? That will be the focus of this review today.
The E-commerce giant ALIEXPRESS has this apparently game-changing product search engine where you can search the products on ALIEXPRESS effortlessly.
Thieve.co is an online inventory of reputable products and manufacturers on AliExpress.It’s a curated list of products across a range of different categories and niches. While anyone can use Thieve.co, it was designed with eCommerce and dropshipping store owners in mind. Giving them ideas of what to sell and cutting down the research time required to do so. Initially, the platform required you to sign up to be able to view the inventory. Today a sign-up is not required to see all of the products, although you can still do so and will gain access to view “exclusive products”.
THIEVE.CO DROPSHIPPING FEATURES AND HOW IT WORKS?
Thieve supply pro actually acts as an affiliate marketing engine. They lure users with their thieving scheme (and implicit promise of free goods), and then present them with a carefully selected array of goods. These goods can be described as “featured”, as the users are attracted to inspect each item to determine if it is stealable. However, they are also cleverly driven to verify ownership.
The user is more likely to make a purchase if they have taken the time to really think about the item than if they were just browsing the site. Thieve has big buttons that will take you to the site to purchase the selected item. They encourage the user to like the item by hand-selecting highly-rated items and providing information at a low cost. The AliExpress affiliate program performs under a specific economic frame.
, we can perform some conservative math to determine how the business model works. Let’s assume that the program pays 3% commission on an item. Amazon pays out some categories at less than 3% but most are higher and I’d wager they choose categories that pay higher rates. See Amazon affiliate schedule. To break even on a single item they’ve won, they must have it bought at least 50 times. Although it may seem like a lot, even if we assume only 1.5% of users click through to the site (WordStream claims this is the average AdWords click-throughs), and that only .75% (6.25% overall) of these click-throughs actually purchase the item, then they only need to get 20k views (per item theft) to break even.
- Aliexpress redirects products to the same product.
- Searches for keywords will show you the matches.
- Each product category contains the correct products
- The correct order of products is based on
- Validations for input boxes
- Based on each preference, test notifications
- The page displaying errors is correct and the appropriate page is shown on errors
- Each click is responsible for a specific action.
- For different currencies, price conversions are accurate
PROS
- keeps up with the latest trends
- Monitor new dropshipping products
- Safety perspective the platform is great.
- Thieve.co makes all its money from the supplier side, there is no cost to you, the buyer, to use their platform.
- There are over 100 million products on the marketplace there.
There is no increase in the price of any product for you, in the long run, depending on the trading of the stocks
CONS
- AliExpress can be a challenge to work with.
- There are a lot of manufacturers, some to avoid as they can be fake
- Anyone can access the list.
- So, that means you are essentially looking at, buying, and potentially listing the same products as any other Thieve.co user. It can actually have an unintended effect; you no longer stand out, and you no longer list ‘unique’ products on your store. You become like every other store owner.
- The number of products advertised there is very small and they trick you to subscribe to see all.
Reviews
- Sorin Ionuț Sbârnea Review of Thieve
Don’t be fooled, the number of products advertised there is very small and they trick you to subscribe to see all,… just to discover that the list is just a little bit longer. I know lots of good products from Ali that are not listed. I bet they do not have even one person adding stuff to it, so the result is a too limited list. Good idea but making it really usable long term.
- Mitch Olson
Review of Thieve
The links are broken. Scrolling on Safari is dodgy. Constantly resizing.
CONCLUSION
Thieve.co certainly offers an interesting service. The platform, without a doubt, gives you ideas of products to consider and potentially sell. It’s a great starting place and one that can help you find new products that are coming to market.
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In a nutshell, the sole purpose behind Thieve.co is to help you identify products and reputable manufacturers that have already been vetted and are safe to purchase from.
