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E Commerce

How To Find Profitable Amazon Products

How To Find Profitable Amazon Products

Amazon Marketplace sellers list more than 350 million exclusive items on the marketplace.

Think of the products you love. They’re most likely available on Amazon. Think about something you’d like to find. Find it on the internet. There’s a high chance that you’ll see it on Amazon.

However, you don’t want any old product to sell on Amazon. You want the best-selling products that will make you the most money with the least amount of effort.

Check out SellerApp’s blog to find out the best-selling products on amazon.

There’s nothing wrong with that. Absolutely nothing to worry about.

But, it’s a lot more difficult to do since it turns out that finding a cheap, popular product is precisely what everyone else wants. Bummer.

Best-Selling Products On Amazon Characteristics 

The top-selling products disappear (apparently every hour) from Amazon’s bestseller list However, there are some reasons that they reach the top of the list. Let’s take a look at the things these items share to discover the lessons we could learn about them:

Low Price:

The products listed are reasonably priced. The prices are all under $65. The purchase of low-cost products can help you reduce the risk. Imagine buying 100 Beats by Dre – it’ll cost you more than $15K. 

However, buying 100 baby wipes may only cost you $1500. The profit margins on these products vary widely as do the risks involved.

Recurring Purchase:

Most of these products will likely be recurring purchases. Customers will require multiple packs of batteries as well as diapers, software subscriptions along with gift cards.

Evergreen:

They can come between seasons However, some are more than others. Parents always require diapers, and families are always in need of more batteries. But, look over this list once more in June and you could discover that swimwear is one of the most successful categories.

Positive Reviews:

All the products listed included on this list have 4 stars or better reviews. Except for Crocs, the rest are closer to 5 stars.

High Review Volume:

Each of these products has thousands of reviews, which means that they’ve been through thousands of sales and (given the reviews) thousands of happy experiences.

Tips to Help You Find What to Sell on Amazon

1. Don’t compete with Amazon.

Amazon has sold millions of its items. If the company sells a product, simply put it aside.

They’ll out-price you and will almost always include a Buy Box. Don’t get yourself into trouble and look for an alternative product.

Try to focus on items that are more specific instead of the standard items. You’ll be more successful in dominating the market for ultrarunners rather instead of chasing your average athlete.

You’ll also likely have less competition for products that cater to vegetarian swimmers than the vegetarian population generally.

2. Find Demand using Keyword Research

If you’re looking for the perfect product to offer on Amazon you’re seeking the ideal Goldilocks equilibrium between competition and demand.

In general, you should sell products that are in the highest demand and least competition. However, you’ll need to conduct lots of research to identify those opportunities that are worth it.

To determine demand, you’ll require to examine specific words. You can use these popular tools:

  • SellerApp
  • Amazon-ASIN
  • Amazon Search Bar

3. Avoid Categories Dominated by Big Brands

Amazon doesn’t have to be the sole one you should be worried about. Large players dominate a wide range of products for consumers and will usually have the name and marketing, manufacturing, and the budget to beat you.

Beware of them.

4. Crunch the Numbers. All the Numbers

Your product must be profitable. It doesn’t matter if surpass your competition and make all sales if you’re unable to make enough money to pay for the costs.

Do the math to see how it goes. Include your manufacturing costs as well as storage costs as well as packaging costs and shipping charges. Add all of it together.

Even if you spot an opportunity that is worth your time on Amazon, however, you might not be capable of making those numbers make sense. This occurs. 

Think about the use of Amazon FBA to lower your costs. It could represent the key element required to get the math to make sense.

Don’t get yourself in a bind. Go on to the next idea for a product.

5. Pay Attention to Amazon Customer Reviews

Reviews are the most important thing on Amazon. Even the cheapest products will not last when they’re not consistently drawing favorable reviews.

Check out the reviews before you decide to purchase a product. People who are happy with the product are likely to purchase more of them again.

6. Check the Product Dimension and Weight

The heavier, larger products will cost more to store and then ship. Take this into consideration when you’re looking at items.

Consider selling athletic shorts. They are light and can be reduced to the same size as a tennis ball. They’re affordable and easy to ship, which is what you’re looking for.

Recommended guide; How to use Amazon FBA Calculator.

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