Wouldn’t it be great if we could get insights as to which products people preferred. We could get research into which products we should merchandise more prominently. Google just released a new trending tool for those of us curious what people are buying and selling online. From the official Google Checkout Blog:

Many of you are aware of Google Trends, the handy tool that enables you to track and compare what Google users are searching for. Now imagine a similar tool that can give you some insight into what people are buying and selling online. That’s exactly what we’ve built: Google Checkout Trends aggregates the sales data of Google Checkout merchants and charts it in a matter of seconds. (Of course, all the data is anonymized first.) So if you’re interested in how sales of Batman or Spider Man paraphernalia compare, or are wondering just how popular Ugg boots are these days, visit Checkout Trends for a glimpse into online shopping. Go ahead and try it out — and get creative with the searches. You may be surprised at what you find.

I was having problems this morning getting any results from my searches, even from their six suggested searches. Every time I searched, I received a message that said:

Your terms - ipod, zune do not have enough search volume to show graphs.

If you want to see what the graph of results looks like you can find people discussing it here, here, and here.

Regardless, I think once these issues are resolved, like Google Trends this will provide some interesting data. One thing to keep in mind though is that in our analysis for our 2007 Customer Experience Retail study we found only 10% of the 300+ top retailers offered Google Checkout as an option.

How meaningful will the results really be?

Have you had better luck with Google Checkout Trends? Your impressions?