Selling on Amazon is a great strategy if you are thinking of starting an online business. Amazon’s success makes it accessible to beginners and highly lucrative.
Amazon holds a share of 50% of the global eCommerce market. This means that half of all online orders are made through their site. Amazon is the best place to sell online if you want to.
Private label products are becoming increasingly popular with sellers. These are products that you create or modify existing products and brand them as yours.
How do you find the products that you want to sell on Amazon?
You must do your research to find profitable products. You can do this by looking at trends on Google and other platforms, looking at Amazon’s top seller ranks, and using product research tools for analysis of demand and competition. You should also sell in a niche you are comfortable with.
It doesn’t need to be difficult to find products to sell. This guide will show you how to select the right product for your business.
How to Choose a Million Dollar Idea in Your Product List
You’re likely to have many items you want to sell as a new seller. How do you choose the best one to make the most money? To find the best products, you will need to use product research software.
What Products Should You Sell?
Private label products are not all guaranteed to make money. Some items may not even sell. It is important to set strict criteria when deciding which items to sell on Amazon.
These are the things experienced sellers recommend that you pay attention to when looking for the best items to sell through Amazon FBA .
- High Demand – Look for products with at least 300 monthly sales. This will translate to 10 sales per day, which is a great benchmark.
- Low Competition Ideally you will want to find products that are not being sold by many people. This will help you get to the top of your rankings.
- Less Reviews: Amazon’s search algorithm is heavily influenced by customer feedback. It will be difficult to get noticed if the top products in a particular niche have thousands of reviews. You should look for niches in which the top sellers have fewer than 400 reviews.
- Weight below 5 lbs. Heavy items are more expensive to ship and store. This is particularly important if you are importing products from China. To reduce shipping costs, choose lightweight products. Lower expenses translate into higher profit margins.
- Size below 18″x14″x8″ Larger products will cost you more to ship and take up more space on your shelf. You’ll also be charged more for storage. If you want to reduce your shipping costs, choose smaller items.
- Prices between $10 and $70: It’s important to sell products at a price that is affordable enough that you don’t lose any sales, but not too high so that customers are scared off. The sweet spot is typically between $10 and $70.
- Sales Price: Search for products you can sell for four times the price it would cost to source from a wholesaler.
- Everyday Use Products: These items are very popular and sell well.
While we encourage you to come up with your own requirements, experienced sellers will recommend that you stick with the characteristics listed above. Don’t be discouraged if you don’t know what product to sell. There are many other methods to find the right product to sell.
How to Locate Products for Sale on Amazon
If you don’t know where to start, here are 7 additional ideas.
Where to Find Products on Amazon
- Use product research tools
- Perform a keyword search
- Pinterest has many ideas.
- To see the best-selling products on Amazon, visit the Amazon Best Sellers Page
- For suggestions on selling products, check out the Amazon trend report
- Click on the top seller links to Amazon product pages
- Check out other marketplaces to find out how products are being sold there
These are the best places to search for items that you can use to create your private label products. Let’s take a look at each strategy to find out more.
1. Use Product Research Tools
Many software products can help you choose profitable products to sell on Amazon.
- Use a product research tool.
- Create product criteria. You can use the filters to help you define your criteria. You can filter results by average ratings, for example. You can also use the suggestions above to help you choose the right criteria.
- Select the types of products that you would like to be focusing on. You can also choose to search only for new products (items that were added to Amazon within the past two weeks) or trending items (items whose sale has increased by 20% or more in the last one to three months).
- Find your results. Click “Find Products”.
- Make an inventory of the items you are most interested in.
2. Perform a Keyword Search
It is a great way to find out what shoppers are searching for. This can be done in a few ways:
1. Keyword Research Tools
Many keyword research tools are available that tell you how many searches a particular term gets on Amazon. This gives you an idea of how much it is in demand.
- Visit a Keyword Search tool.
- Enter a product or niche that you are interested (i.e. “Bags” or “bags to women”.
- Create product ideas. Take a look at the keywords that are most searched.
- View a keyword’s search volume history. Click on the graph icon to see the monthly searches. You should look for terms that receive consistent high searches throughout the year.
- Create a list based on the most searched terms at Amazon.
It’s important to remember that the more people search for something, it tends to be more expensive. Items found in this way are often in high demand.
2. Google Trends
- Google Trends
- Enter a product/niche that you are interested in
- To see the search trends for the year, take a look at the graph
- For more ideas, click on “Related queries
- Create a list based on your findings
Here’s an example Google Trends search. You’ll see the results:
You’d expect that search volume for hedge trimming will increase in summer, when it’s most popular to be used, and decrease in winter. It is best to search for items with a lot of searches throughout the year. This will ensure more sales.
3. Pinterest
The social media platform allows users to “pin” images to a board, which can be seen by everyone. These pictures often depict items that they are interested in, such as brand-name products or generic white-label stuff.
- Visit Pinterest.com
- Search for the product you are interested in
- Click on the images that interest you and create a list with all of the products.
- To see if the item is available on Amazon, click here
This is a great place for beginners. Remember that the more items are pinned on Pinterest, it is more popular online. This is also a great way to get ideas for private label products. You might be able to find a trending product on Pinterest that isn’t available on Amazon.
4. Visit the Amazon Best Sellers page
You want to know which Amazon products are selling the best? You can find the best sellers page on Amazon. Here you will see all the most popular and well-seller products.
- Visit the Amazon Best Sellers Page
- Click on the category that interests you
- You can narrow your search by selecting several sub-categories
- You can make a list of products that you feel would be a good product to sell.
Remember that these top products are based on sales data from the past, so they might not reflect seasonal or fad trends. Before making a decision, make sure you check the yearly trends in sales.
5. Take a look at the Amazon Trend Report
Amazon has a page with all the current trending products on their platform. This page is great for sellers looking to find out what’s hot with consumers.
- Visit the Amazon Trend Report
- Scroll down to the bottom to see the most popular items
- To see more products in the trending category, click on the “Learn More” link
- You should make a list of items that match your criteria.
At the time of writing, activewear is the most popular category on the site. You can expect this to change over the course of the year, so be sure to return often for updated information.
This trend report, like the top sellers list, is based only on recent activity.
6. Click on the Best Sellers Links
To get more information about an item you are interested in, click the best seller link at the bottom.
- Click here to go to the listing for an Amazon product that interests you.
- Scroll down to until the links take you to the relevant categories.
- To see similar items in this category, click the links
It’s not a way to get the best-selling list. But it can help you find similar products in niches that interest you.
7. Check out Other Marketplaces
Amazon is not the only eCommerce giant. You can shop online at many other sites, so it’s worth checking out those sites to see what’s hot.
- Visit other marketplaces such as AliExpress and eBay.
- Search for sections that feature the most popular items. This section of Alibaba is called “What’s Trending Now”. Click on “Explore Popular Categories” to go to eBay.
- Make a list of items that best meet your needs.
a - Search for these products on Amazon to see where they are listed on the top sellers page.
Trends are universally popular across the internet. If something is very popular on one site, it will likely be popular elsewhere. These sites also allow you to purchase low-priced products and resell them online. This is known as online arbitrage.
Conclusion
It’s not difficult to find items for sale on Amazon if you have the right strategy and tools. This article will help you discover your first product, and how to build a private label business.
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