Wallets & Money Organizers product research and customer review analysis

In today's rapidly growing and highly competitive e-commerce industry, it is becoming increasingly important for sellers to effectively select products, improve customer experience, and ultimately be able to increase their market sales and strengthen their brand. Amazon review analysis and consumer research can provide key insights into customer sentiment, preferences and behaviors that can help sellers make informed decisions on product selection and marketing strategies. By utilizing tools such as sentiment analysis, voice of customer, feedback analysis, product research, audience research, competitor analysis and Amazon ratings & reviews data to gain a better understanding of the customer base it becomes possible to create more targeted campaigns that meet customer needs and drive customer satisfaction.

Total ASIN: 24
2023/01/20
Top 1
Top 2
Average Ratings
4.6
Total Reviews
777
This insight is based on the data from the best seller products. The top 5 of them are:

Sales, a key metric of costs and profits for any business, is the most intuitive and accessible data. With established social media platforms and advertising channels providing detailed insight in regards to website traffic, understanding consumer sentiment--i.e., volume--is one of the more challenging areas to analyze. Volume refers how people express their opinions on our brand's products/services/marketing efforts via various touchpoints; these voices come together as an aggregate that can tell us what consumers need or expect from us – why consumers make purchases with us over others.

Based on the provided data for a product in the category of Wallets & Money Organizers on Amazon, there are a few observations we can make. Firstly, the average ratings for this product are listed as NaN (Not a Number), which means there might be missing or incomplete data regarding customer ratings. However, we do know that the total number of reviews for this product is 777. Since we don't have information about the average ratings, it is difficult to determine the exact level of customer satisfaction. However, the fact that there are 777 reviews suggests that this product has garnered a significant amount of attention and engagement from customers. It could indicate that customers have found this product interesting enough to leave a review, which could be a positive sign. Considering the lack of average ratings, it is advisable to delve deeper into the available reviews to understand the reasons behind the missing data. Analyzing the reviews can provide valuable insights into the overall customer satisfaction. Look for patterns in the reviews, paying attention to both positive and negative feedback. This will help identify any recurring issues or features that customers appreciate. Additionally, it would be beneficial to compare this product with similar items in the Wallets & Money Organizers category. Look for products with a substantial number of reviews and high average ratings to understand the benchmarks in terms of customer satisfaction. This will help determine how this particular product fares in comparison and provide a better understanding of its overall quality. In conclusion, while the average ratings are not available, the significant number of reviews suggests that customers have engaged with this product. To gain a better understanding of customer satisfaction, it is recommended to analyze the available reviews and compare this product with others in the same category. This will provide insights into the strengths and weaknesses of the product and help make informed decisions.

Target your customers through customer profile

Voice of customer analysis and audience research are key elements when targeting customers through customer profile. By leveraging Amazon review analysis and other data sources, sellers can gain insights into their customers preferences and behaviors, which can be used to craft targeted solutions and develop a successful product profile. Additionally, this data can also be used to create more effective campaigns that attract the right customers and boost sales.

Customer Profile
The consumer group most commonly mentioned is son, the most commonly moment of use is christmas, the most common location is pocket, the most common behavior is gift give . By focusing on these key consumer characteristics, it is possible to identify pain points associated with consumer usage scenarios.
Who
When
Where
What
X-axis:topic. Y-axis:mentions. Red:reviews of 1-3 stars. Green:reviews of 4-5 stars

Based on the data provided, it is evident that the most frequently mentioned users of the product are the son, grandson, and kid. This suggests that the product is popular among younger individuals, possibly as a gift or for personal use. The high number of mentions for the son and grandson indicates that it may be a common choice for parents and grandparents looking to provide a practical and useful item to their children or grandchildren. In terms of the places where the product is commonly used, the pocket and back pocket are the most mentioned locations. This implies that the product is designed to be compact and easily carried around, making it convenient for everyday use. The toy box, although mentioned only once, suggests that the product may also have a playful element, appealing to children who may store it alongside their toys. The top two usages of the product are as a gift and for birthdays. This indicates that the product is often purchased as a present, possibly for special occasions such as birthdays. The high number of mentions for gift-giving suggests that it is considered a suitable and practical gift option within the Wallets & Money Organizers category. Based on this analysis, the customer profile for this product seems to be parents and grandparents who are looking for a practical and compact wallet or money organizer to gift to their children or grandchildren. The product's appeal lies in its suitability for everyday use, as indicated by the mentions of pockets, and its potential as a thoughtful gift for birthdays or other special occasions. To further cater to this customer profile, it would be beneficial to emphasize the product's durability, functionality, and child-friendly design. Additionally, marketing efforts could focus on highlighting the product's versatility, such as its ability to store not only money but also small personal items. Offering customization options, such as personalization with the child's name or favorite character, could also enhance its appeal as a gift.

Ship products your customers love through sentiment analysis

Through sentiment analysis, businesses can uncover consumer dissatisfaction with products, automatically decompose NR and PR, and present product quality issues, packaging suggestions, marketing loopholes, and inadequate service in a digitalized format. By finding problems in VOC and combining them with a set of quality problem solving processes (CTQs), businesses can form a closed loop from problem to action, thereby achieving continuous iteration and optimization of product quality. In addition, analyzing customer emotion data can help companies foresee emerging trends ahead of competitors and tailor their products to meet customers' needs.

Customer Sentiment
The top 5 negative reviews are wallet, product, odor, credit card, strap. The most mentioned elements about wallet are big(3.13%), do not fold into a wallet as well when money is in wallet(1.56%).
The top 5 positive reviews are wallet, leather, design, clip it onto his pant, section that hold bill. The most mentioned elements about wallet are good quality(7.32%), slim(5.49%).
Cons
wallet23.44%
big3.13%
do not fold into a wallet as well when money is in wallet1.56%
rip while put his id in it1.56%
a little large for a child is back pocket1.56%
bad smell1.56%
product6.25%
odor3.13%
credit card1.56%
strap1.56%
Pros
wallet32.93%
good quality7.32%
slim5.49%
adorable5.49%
reasonably sized3.05%
good fit in his pant pocket0.61%
leather15.85%
design4.27%
clip it onto his pant0.61%
section that hold bill0.61%
Product pros and cons based on Amazon reviews. Consumers' sentiments which represent their opinions are identified using AI.

Based on the data provided, it seems that the most frequently mentioned con aspect across different products in the Wallets & Money Organizers category is related to the wallet itself, accounting for 23.44% of the mentions. The top five cons mentioned for vacuum are wallet, product, odor, credit card, and strap. On the other hand, the top pro aspect mentioned most is also related to the wallet, accounting for 32.93% of the mentions. From this information, we can conclude that the wallet is a significant factor influencing sentiment in this category. It appears that customers have mixed feelings about wallets, with both positive and negative aspects being mentioned frequently. The cons mentioned include issues with the product itself, such as odor and design, as well as concerns related to credit card storage, strap quality, and the section that holds bills. On the positive side, the wallet is also mentioned as a pro aspect, indicating that some customers appreciate certain features or qualities of the wallets in this category. To improve product development and selection in this category, it would be beneficial to address the common cons mentioned by customers. This could involve improving the overall quality and design of the wallets, ensuring they are odor-free, and enhancing features like credit card storage and bill sections. Additionally, it would be valuable to gather more specific feedback from customers to understand their preferences and expectations regarding wallets and money organizers. This information can guide manufacturers and retailers in creating products that better meet customer needs and preferences.

Make the smartest sales decisions through Buyers Motivation

Making the smartest sales decisions requires understanding and responding to the voice of customer. This can be achieved by leveraging buyer motivation data, conducting competitor analysis, and engaging in thorough product research. Companies should seek to understand customer needs and preferences through surveys and feedback, analyze data from past purchases, and track market trends in order to develop effective pricing strategies. Additionally, businesses must focus on providing value to customers through competitive prices, relevant discounts, quality products, convenient services, and superior customer service. By taking into account buyer motivation and focusing on delivering value, businesses can make informed decisions that will lead to long-term success.

Buyers Motivation
Gain insight into the judgment of consumers (Top 5) when making purchase decisions, and optimize marketing strategies in a targeted manner.
TopicMentions
key1
pocket for change1

Based on the information provided, customers are likely to buy this product in the Wallets & Money Organizers category for various reasons. However, the top reason seems to be the product description itself, as it is mentioned 100% of the time. A well-written product description is crucial because it provides customers with detailed information about the product, its features, and benefits. It helps them understand how the product can meet their needs and make an informed purchasing decision. Some reasons why the product description is the top feature could include: 1. Clarity: A clear and concise product description helps customers understand what they are buying, reducing any confusion or uncertainty. 2. Features and benefits: A well-written description highlights the unique features and benefits of the product, showcasing its value to potential buyers. 3. Trustworthiness: A detailed product description instills trust in customers, as it shows that the seller is transparent and committed to providing accurate information. To optimize the Amazon listing based on this data, here are a few suggestions: 1. Focus on quality: Ensure that the product description is well-written, engaging, and informative. Highlight the key features, benefits, and any unique selling points. 2. Use keywords strategically: Incorporate relevant keywords in the product description to improve its visibility in search results. However, avoid keyword stuffing, as it can make the description appear unnatural. 3. Include visuals: Supplement the product description with high-quality images or videos that showcase the product from different angles and demonstrate its functionality. 4. Customer reviews: Encourage customers to leave reviews and ratings for the product. Positive reviews can further enhance the credibility of the listing and attract more potential buyers. Remember, optimizing the product description is just one aspect of a successful Amazon listing. Other factors like competitive pricing, customer service, and overall product quality also play a significant role in attracting and retaining customers.

Understand customers need for prioritizing what to build next

Companies should prioritize what to build next by understanding their customers' needs. Amazon review analysis can help businesses better understand customer sentiment, while product research and competitor analysis can give insights into current and upcoming trends in the market. Moreover, customer expectations should be taken into account when developing new products or features. Ultimately, prioritizing what to build next based on an in-depth understanding of customer needs will enable a company to develop successful products that maintain customer satisfaction and loyalty.

Customer Expectations
By understanding the specific reasons, manufacturers and retailers can develop products and marketing strategies that effectively address these needs and wants.
TopicMentionsReview Snippets
wallet2
wallet
brand new product1
brand new item brand new
real wallet1
real wallet
attach to pant1
attach to pant
change pocket1
change pocket
durable1
durable
figure get wet moldy1
figure get wet moldy
foul smell go away1
smell go away
good1
good
happen over time1
happen over time

Analysis of Customer Expectations for Wallets & Money Organizers: Based on the customer mentions, it is clear that customers have certain expectations when it comes to wallets in this category. Let's break down these expectations and provide suggestions for product development prioritization and marketing promotion factors. 1. Brand New Product: The mention of a "brand new product" indicates that customers are interested in innovative and unique wallet designs. To meet this expectation, sellers should prioritize product development by focusing on creating wallets with distinctive features, materials, or functionalities. This could involve incorporating new technologies, sustainable materials, or creative designs that set their products apart from competitors. 2. Real Wallet: The mention of a "real wallet" suggests that customers value authenticity and durability. Sellers should prioritize product development by ensuring that their wallets are made from high-quality materials that can withstand daily use. Emphasize features like genuine leather, sturdy stitching, and durable hardware to meet this expectation. 3. Wallet: The repeated mention of "wallet" indicates that customers have a general expectation for a functional and practical product. Sellers should prioritize product development by offering a range of wallet styles and sizes to cater to different customer preferences. This could include options like bi-fold, tri-fold, cardholders, or minimalist wallets. Additionally, incorporating features like RFID-blocking technology or extra compartments for organization can enhance the functionality of the wallets. Suggestions for Product Development Prioritization: 1. Focus on innovative designs: Invest in research and development to create unique wallet designs that stand out in the market. 2. Emphasize quality materials: Prioritize using high-quality materials that ensure durability and authenticity, such as genuine leather or sustainable alternatives. 3. Offer a variety of styles: Develop a diverse range of wallet styles to cater to different customer preferences and needs. Suggestions for Marketing Promotion Factors: 1. Highlight product features: Clearly communicate the unique features and functionalities of the wallets in marketing materials to attract customers looking for innovative solutions. 2. Showcase durability and authenticity: Emphasize the quality of materials used in the wallets to assure customers of their durability and authenticity. 3. Provide customer testimonials: Share positive reviews and testimonials from satisfied customers to build trust and credibility. 4. Offer customization options: Consider providing customization options, such as monogramming or personalized engraving, to appeal to customers looking for a personalized touch. 5. Utilize social media and influencers: Leverage social media platforms and collaborate with influencers in the fashion or lifestyle niche to reach a wider audience and generate buzz around the wallets. By understanding customer expectations and aligning product development and marketing strategies accordingly, sellers can better meet the needs of their target audience and drive sales in the Wallets & Money Organizers category.

Shulex VOC is an AI-powered platform that helps companies gain valuable customer insights from Amazon review analysis. It works by providing users with core capabilities such as customer profiles, sentiment analysis, buyers motivation and customer expectations. This enables businesses to tap into the power of voice of customer, utilizing AI modeling for a comprehensive view of customer experience, product research & selection as well as optimizing quality and reputation. The insights gleaned from this data can then be implemented to foster a healthy relationship between customers and brand.

FAQs

Amazon Reviews

He loved it.Jul. 2017
Got this for my son. He loved it.
Shelly
Purchased
Fabulous giftDec. 2020
Great gift for the pre teen. Very happy with purchase. Would order again.
Susan H.
Purchased
My daughter was looking for a slim billfold that she could put in her jeans pocket. This arrived, but it's so soft and beautiful everyone else in the family is jealous!
Kathysun
Purchased
Five StarsSept. 2017
just as described
Lynda
Purchased
Liked itNov. 2018
Just as described. Perfect for young teen
All I put in was three cards, an id and few bills and it couldn’t close flat. The leather was not properly sewn and was not connected to the card slot fabric. Overall a waste of money.
judy d.
Purchased
Perfect.Oct. 2021
I ordered three wallets in three different colors. They are all great. Just the right size.
Kay
Purchased
Thrilled with the billfolds. I bought one for a grandson's Christmas and another for a great nephew's birthday. They are both 3 and are going to be excited. I got a personal email from seller wanting me to let him know if I wasn't happy with anything. Frankly, I was impressed.
Jo Ann
Purchased
Kid loves it. Brother gets one next.
Five StarsAug. 2017
Nice leather. Good construction and it fits great in my son's jeans.

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