It’s important to keep in mind that Amazon FBA is a “price-driven” marketplace and while deciding about popular items sold on amazon be wise. This indicates that customers visit the website to compare prices. As a result, your products must appeal to your target market and frequently fall within a certain price range. The criteria for the goods you decide to sell in your Amazon FBA businesses are the same as they are when you sell on Amazon and handle all order management and shipping yourself.
As you prepare to select the goods you want to sell on Amazon:
- Check out the best-selling items in each category to identify hot items.
- Choose products with high demand (or some demand); the product need not be selling a lot each day. However, each product you intend to offer needs to generate at least 10 sales per day.
- Steer clear of being overly fashionable or seasonal to ensure steady sales all through the year. You can attain consistent growth by selling things that are in demand constantly.
- Instead of choosing severely crowded markets, think about global marketplaces.
- Find a market with steady demand. In general, customers don’t just “browse” Amazon; instead, they search for specific items. For example, “Cookbooks for instant pot cooking” is more precise than “Cookbooks.” You can investigate products in a niche market using a Chrome plugin, such as Jungle Scout, which shows monthly sales quantities for products or products with little competitors.
- Take into account products with less competition, as this may point to an undiscovered market (selling products with big-name brands can mean too much competition). Even while there may be a lot of demand for a product, there may not be many vendors supplying it. Why not intervene and present a fantastic rendition of that thing?
- Make use of already written product reviews; for instance, the quantity of reviews may be a good indicator of how frequently a product has been bought or how long a product or item has been online. A limited number of reviews with ratings in the 4-5 range may indicate that a product is becoming popular (there is potential and probably not much competition).
- Take into account goods that are affordable to buy or produce.
- Check the quality of the product before you buy. Investigate supplier samples. This is very crucial for Amazon FBA.
- Choose products that are simple to send; avoid choosing fragile, breakable, perishable, or easily damaged goods.
- Research shipping costs and Amazon seller fees to help you make a more informed choice. For example, a two-pound item will be small and simple to send, which can help you pay less in delivery fees.
- Think about developing your own brand. Private label goods may be less expensive to buy than well-known brands, allowing you to sell them for a higher profit. Additionally, you are in charge of the product’s promotion and presentation (however, you still need to design your own logo, packaging and build a customer base).