How to find the best products to sell on Amazon and some examples

08 July 2020

What can you sell online?

It is obvious, that you can sell anything online. But here, selling online means to sell a product with a decent profit margin. To become a successful Amazon seller you need to find the right product that has high demand; low competition; and many other characteristics. Once you select a product that has all these characteristics, you can see a decent profit selling them. In this article, some of the ways of finding the best products to sell on Amazon are explained along with some examples.

Table of Contents

Finding the best product
Manual methods of product research
Automated methods of product research
Popular and profitable products on Amazon

1. Finding the best product

There are many ways by which you can find a profitable product to sell. This process of analyzing the current trends in the market and ending up with a good product is known as product research. Product research can be done in two ways namely manual product research and automated product research. These processes are explained below.

2. Manual Product Research

This is the process of analyzing the current trends in the market manually through various strategies as follows.

Checking Amazon’s bestsellers list – Amazon has its own listings of thousands of products as bestsellers categorized based on their niches. You can just go to this list and check what are all the niches and products that sell well. You can also go through those product listings to find out the special features and characteristics of a product that attracts more customers. The product reviews under each bestselling product will be the bible for you to shape your own product. If you just look at the bestseller list, you will get to see the products with high competition. So, you can go through the sub-categories to find more specific products with high demand and low competition. You can get excellent product ideas from this.
Pinterest – Pinterest acts as a great platform for finding different product ideas. It may seem like a social media platform like Pinterest cannot help in developing product ideas. But it is very helpful in finding new products since millions of people are searching and uploading millions of pictures almost in all niches. You can just search your keyword and get thousands of product images to develop an idea from.
Contacting your suppliers – If you have traded on Amazon already or you have a product supplier with you, you can get much information on the current trends in your niche. He will provide details about the movement of specific goods and products in that niche. This may help you in developing a product idea that actually sells.
Spying on Competitors – Although it sounds like illegal activity, it is legal in terms of an online marketplace. You can look at the strategies used by your competitors; the keywords used by them; their customer service; and many more. You should not try to copy the exact strategies of your competitors since you may not have the same reach and capabilities of your giant competitors.
Lookout for bestselling products on eBay – You can get product ideas by looking at the trending products on other e-commerce sites like eBay.

3. Automated methods of Product Research

This includes the same processes of keyword research, competitor analysis, monthly search volume calculation, etc. But all the processes are automated using various free and paid tools available online. An example of automated product research is the use of Google trends. It helps to notify you of all the recent trends in the market along with various numbers and statistics.

4. Popular and profitable products on Amazon

Some products are there known as evergreen products that will definitely make more money. These are the products with low cost of production; high demand; and high-profit margin. Some of these evergreen products are listed below.

Books – Books are always a great product to sell online. Since the online market place is like an open library and the product is delivered directly to the residence of the customer, books are always high on sales. You can easily get books in bulk from any publishers and sell them online at your own price with a profit margin.
Accessories and apparels – Although this category is oversaturated with millions of sellers providing the same cosmetics; jewelry; clothes; and accessories, this niche is always evergreen. It is because of the everlasting need for apparel and accessories in modern society.
Toys and Games – Surprisingly, this niche is also one of the bestselling categories in the whole market place. Baby products and toys for both children as well as adults are another evergreen choice to be successful.
Electronics – Although it is an evergreen niche, only authorized brands will dominate this niche.

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6 Reasons Why Infographics Are Important in Media Marketing

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What Is Not A Benefit Of Google Analytics Remarketing?

“What is not a benefit of Google Analytics Remarketing?” When you are looking for the answer to these questions, you need to have a basic knowledge and understanding of Google Analytics remarketing. Here, in this article, I will give you an insight into that, along with giving you the answer. First, I will give you the answer, and then we will talk a little more about Google Analytics Remarketing. So, let’s get started now. What Is Not A Benefit Of Google Analytics Remarketing? Now it is time to answer the question and the answer is; Allowing customers to reorder the item quickly that they have bought previously. Google Analytics Remarketing: What Does It Mean? There are some people who are engaged with your website already, and that is already consolidated with Google analytics. That means Google analytics has already collected much data on the user’s behaviors. Here, the possibility of transforming those potential customers who have already visited your website’s product page or your website will automatically increase. Now, suppose you are using the data pieces of Google Analytics in order to retarget those users who have already engaged with your website. This is termed Google analytics remarketing. For Google Analytics remarketing, it is a must to connect a Google Analytics account along with your Google ads account. Link Google Ads With Google Analytics From the above discussion, we get to know that you need to link your Google Analytics with Google ads. Now, I will geode you with that. You first need to open your Google ads account and then select the “Tools and Settings” option. There, find the option “Linked Accounts” and select that. A list of several Google products, along with some third-party products, will open. In Google Analytics (UA) option, select “Details.” a popup will open, and with just some clicks, you will be able to link your google Analytics with Google ad. Now, you will be able to cross-verify Google Analytics and Google ads linking by checking Google Analytics. Here Is a guide for that also. Just open Google analytics and then go for the option “admin” at the bottom left corner. There, you will find the “Google ads linking option.” Read More: Content Marketing Campaign Strategy For Small Business Advantages Of Google Analytics Remarketing Till now, Google Analytics remarketing, linking Google ads with Google analytics, everything sounds just fine. But you must know the advantages that you can utilize. Suppose a customer visits your site with the intention of buying a product. The individual will add products to the shopping cart, and then for any random reason, the individual fails to finish the final checkout in order to complete the process. Statistics say that the rate of cart abandonment is 88.05%. That means, across the globe, a percentage of people abandon shopping carts. These people don’t convert. But, those customers who have abandoned shopping carts are actually potential customers, and they can be transformed in the remarketing campaign. If you can retarget those customers, your conversion rate will be high. Basically, you can re-engage with all those customers who have expressed genuine keenness in your services and products in a remarketing campaign. Let’s understand this concept with an example. Natasha saw a party dress and visited your website. She is highly interested in buying a party dress for her bachelorette. Now, she selected a dress and added them to the shopping cart. She found out that she doesn’t have her credit card with her. Now, she is closing the site and thinking about buying it next time. Here, we can say that Natasha is indeed a potential customer. Now, imagine what if you show her the same product that she had added to the shopping cart. What do you think? Will Natahs buy that or not? Absolutely yes, Natasha will buy that dress because she is a hungry customer and also has an event soon, which means her buying intent is very strong. Just like this, there are several other customers who do the same thing. They left or abandoned the shopping cart for some reason, and then you will have a very filtered audience list to target. Now, here, what’s the role of Google? Google will display the ads on the partnered websites, which your potential targeted customers are likely to visit for entertaining or gaining knowledge purposes. When they see similar products that they saw a few days back, then their desire to purchase that product will increase. And this desire compels them to purchase the products. Google Analytics Remarketing: Why? Everything till now is fine, but as you are looking for the answer, I think you are thinking about opting for Google analytics remarketing. And In case you are not, here are some major reasons why you should try it. Over time the conversion rates increase in remarketing campaigns. Although the click-through rate may get lesser a little, the conversion rate will surely be high. In case the customer has already interacted with your products or services but didn’t buy them due to some reasons, the remarketing campaign works best. All those individuals who have seen your ads several times during that time would not be able to make the buying decision, and they convert immediately. Now, come to the major point, when they get free time, they forget your brand or company name once they visit any website and see the product they desire to purchase. Then they purchase it quickly. To be honest, the Google display network provides one of the greatest reaches. GDN reaches around 90% of internet users. For running remarketing ads, GDN is actually really efficient. Final Talks So along with getting the answer to the question, “what is not a benefit of google analytics remarketing?” Basically, it lets users reorder the products that have already been purchased by the individual. I believe after going through this article; you get the required knowledge. In case you have any questions or queries, feel free to reach me through the comment section. I will get back with the collusion as soon as possible. Read Also: Software Development Company Can Help Mitigate Technology Risks In Business Google Analytics Cannot Collect Data From Which Systems By Default? Online Marketing : Selling Your Product And Services

How to find the best products to sell on Amazon and some examples

What can you sell online?

1. Finding the best product

2. Manual Product Research

3. Automated methods of Product Research

4. Popular and profitable products on Amazon

5 Creative Ways to Improve Lead Quality with Multi-Step forms

How to Get More Traffic to Your Amazon Listings

Content Rally

Content Rally wrapped around an online publication where you can publish your own intellectuals. It is a publishing platform designed to make great stories by content creators. This is your era, your place to be online. So come forward share your views, thoughts and ideas via Content Rally.

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6 Reasons Why Infographics Are Important in Media Marketing

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How to find the best products to sell on Amazon and some examples

What can you sell online?

1. Finding the best product

2. Manual Product Research

3. Automated methods of Product Research

4. Popular and profitable products on Amazon

Share this Article

5 Creative Ways to Improve Lead Quality with Multi-Step forms

How to Get More Traffic to Your Amazon Listings

Content Rally wrapped around an online publication where you can publish your own intellectuals. It is a publishing platform designed to make great stories by content creators. This is your era, your place to be online. So come forward share your views, thoughts and ideas via Content Rally.

Leave a Reply

Popular

Follow Us

Recent

Related