Stitcher for Podcasts

Get the App Open App
Bummer! You're not a
Stitcher Premium subscriber yet.
Learn More
Start Free Trial
$4.99/Month after free trial

Show Info

Episode Info

Episode Info: Purpose of this exercise: The idea of this exercise is to test 10-12 items a month for selling on Amazon FBA by purchasing similar ones to what you want to sell from Aliexpress to test. I then rely on the 80 20 rule which 80% of my income will be able to be produced from 20% of the products I test. Therefor by testing 10-12 products a month I should be able to find at least 2 winners on average. This exercise is to test these claims and help you learn about the process I currently use and am refining to do so. Hypothesis: My hypothesis is that by finding 2 to 3 new successful products a month I will be able to keep supplying my product streams based on demand to Amazon enabling me to eliminate products that have a higher demand and a less competitive market. Research: Based off my preliminary marketing research I have determined that each product is currently being sold on a regular basis by tracking the sales with AMZ Shark. I was also able to determine that there is a 1500+ searches being performed per month on each product.  If my research proves correct I should be able to increase the odds of picking profitable and more favorable items. Resources & Links:SOS Product Testing Worksheet - Where I will be keeping track of my test product data so you can follow along. AMZ Shark - For product sales research and tracking. AliExpress - Buy similar products here that your interested in selling to test on Amazon FBA.   For this follow along we will call these products Product 1, Product 2, and so on and we will be tracking their numbers in my spreadsheet from this episode so you can see the progress as I test them.   As well I have started getting 2 new private label products setup we will call them product A and Product B which we will track as well on the same spreadsheet. Since I have ordered my 10 products I have received 3 of the shipments from Aliexpress. They all came in poly bags except for 1 which I will have to order some bags off amazon to put them in. I have also ordered a nice high quality product stage to take better pictures then those I am seeing online. It can be found here. While I wait f
Read more »

Discover more stories like this.

Like Stitcher On Facebook


Episode Options

Listen Whenever

Similar Episodes

Related Episodes