Business is all about calculated tactical things and strategies. This exact same formula goes when it comes to researching. It is the base of any business therefore it needs to be accurately implemented.
When it comes to selling on Amazon, it requires detailed researching and analysis to find the right products. However, this process requires several important factors to consider before selling.
This article will help you to know the best and top steps for Amazon Product Research. Let’s explore.
You will be surprised to know that the best place to start researching is the Amazon website itself. Interestingly, Amazon offers a certain section list that would be highly beneficial for researching.
It includes the ‘gift idea’ section, the ‘most wished for’ section, and more. Further, tactical research in that section will offer insights into products you should consider.
Categories to research:
Also, when it comes to Amazon product research, check the tabs on the top of the Amazon bar. Then, check out the bestsellers’ products in any category.
It will help you to dig deeper into top categories and sub-categories. However, make sure to look out especially into sub-categories.
Also, this step will help you to filter out the products you want to sell. After choosing the product, try to sell and source a similar yet better product than that.
There is a tip that you should discover ‘Hot New Releases’ Products. After selecting the niche, you can sell the product quickly than other sellers’ release date.
In addition, check for ‘Movers and Shakers’ that will help you to explore products (with an increase or decrease in popularity over 24 hours). Moreover, this tactical approach will help you monitor products.
Nevertheless, you should not miss checking out for the ‘gifts’ section, ‘customer also bought’ section, ‘frequently bought together’ section, and ‘wished for’ sections. It will specify the interests of customers and makes your niche research work easier.
Having an intelligent software tool—Asinwiser—for online sellers will assist you to run your business in the right direction. Asinwiser.com is an excellent solution that will help you to target your potential audience with its all-in-one features such as brand story, product research, competitor research, profitability calculator, and so on.
2. Monitor Competitors
The first and foremost rule of business is to monitor your competitors. Therefore, check for those products that are successful on Amazon.
Moreover, many sellers spend a large sum of money on campaigns. It will help them to get more profits from their products.
Also, you might have seen the term ‘Sponsored’ on Amazon. It defines that sellers have paid money for advertisement.
3. Get in touch with Supplier
It is beneficial to maintain relationships with suppliers. The main reason is that they are aware of the trending and latest demands of the market.
Speaking to them is one of the most easiest and efficient research strategies to follow.
When you are on good terms with your suppliers, they will provide some valuable information. Moreover, you can get some discounts and new ideas for selling as well.
4. Use Tools
The best tactical tool for Amazon product research is ‘Google Trends.’ You can set up alerts and receive instant notifications on popular or trending subjects.
Moreover, it will offer stories or topics that are the talking point of your potential customers. Also, it will guide you to research and know about products that you can sell on the Amazon platform.
5. Check on eBay and AliExpress
Apart from Amazon, you can do tactical research on eBay too. Moreover, eBay lists could work to your advantage in product researching. Check out the in-demand products and other categories for listing out products to sell.
Another one of the best places is to explore valuable information is AliExpress. It provides free access and makes use of these steps to investigate in-depth:
1: Select a top-category or sub-category.
2: Filter out products by ‘Orders.’ It will help you to see top-selling products.
3: Sort the final results to 4-star rating display products.
We understand that Amazon product research is an arduous task. Ultimately, make sure to niche-down the best products that could attract customers and revenues.
With the right tactical approach and strategies, you can surely grow your business on Amazon.
However, if you follow this article you will clearly guide on perfect ways to research.
We hope this article will guide you on what strategies to follow for Amazon Product Research to make your business a huge success, get in touch with the Asinwiser team today!