Amazon is one of the biggest e-commerce markets today. Hence, you should consider product discovery amazon tips.
What is amazon product research? Why is this vital? How to do the product research on amazon?
Product Discovery Amazon
Or we can have this as ‘product research’. So, what is Amazon product research?
This is analyzing market trends. This analysis shall help in picking effective ‘saleable’ items. Moreover, searching does not limit to mere searching only. Because we aim for good buys. This refers to affordable items. Of which can be sold with a good profit in return.
Yet, take note that it’s not all about the cheap finds. Of course, we should take into consideration market trends.
Will this attract the consumers? Will this sell high? Does my target market need this? How are the current reviews going?
This Is Important Because…
Marketing today is no longer about pretty logos and packaging. The trend of marketing is continually changing.
Thus, thorough research is vital. Consider the following steps that can help you.
- Search and list the top-selling products on Amazon. Of course, these should be the products that you are also planning to sell.
- Next, do the analysis. Consider if alike products will sell. If it will sell, will it give a good profit?
- Bring on the statistics.
- How are the sales of this product doing?
- See the reviews. Does it have much positive feedback?
- Another is its keyword search volume. How high is it? That you should be willing to invest for?
- Lastly, consider similar products.
Now you see how it goes. You ought to look for different lights on the product. Of course, it is an investment. That’s why you should look for those with high demand. Also, with a high profitability rate.
Two Ways You Can Choose
Now, you have the idea of amazon product research. But, let’s delve deeper. Let’s talk further about the steps.
How can you do the product research on Amazon?
There are two ways. Namely:
- Manual Way
- Automated, with the help of Tools
Manual Way
Have it on the website itself.
I. Best-Sellers List Is A Gold Mine
Head on to their best-sellers list. Here you will see all their top-selling products. Look according to categories and sub-categories.
See the products’ selling information. Also, check the product reviews. And most of all, see the price. It should not be too high, nor too low.
Another tip is to go for those with little competition rates. This will give you more room to sell the product.
II. Make Use Of Automated Tools
Manually checking product information is surely time-consuming. So if you want a handy and quick way, have the tools.
SellerApp Tools can help you. This tool will lay every detail you need. It can estimate your monthly sales. Also, it lets you see the product reviews. And more perks that will enhance your product research.
However, it is up to one’s decision on which way to choose. But most of all, keep in mind the goal. That is to generate high sales. Attract customers. Also, meet their needs and demands.
