20 minutes | Mar 19th 2015

SOS 003 How to Research Extremely Profitable Items To Sell On Amazon

Generally we want to reduce any risks when selecting products so we you are not stuck with inventory that is hard to liquidate. Through this podcast episode we are going to go into the details of how I find extremely profitable items to sell on Amazon. In the end goal of this exercise we should be able to find products that are selling reasonable volumes and decide if its a good market to enter based on the marketing research we compile together. I have included the documents to download here. By following these steps we will be able to intelligently choose profitable products.     Tools and Links Discussed AMZ Shark - A Tool For tracking Amazon product sales, Amazon reviews, competitor product research.Alibaba - Largest manufacture marketplaces to connect with suppliers for producing private label products.Google Keyword Research Tool - For finding search volumes on products people look up on Google.Camel Camel Camel - Amazon Product Pricing Tracker   Downloads Discussed: SOS Profitable Product Spreadsheet - My personal worksheet to research and find profitable items to sell on Amazon. Once you download my spreadsheet visit Google Spreadsheets and click the green plus button in the lower right to upload and add this spreadsheet to Google docs.   1. Document Your Researching Products To Sell Open up a spreadsheet in Google Documents (I like this because I can work on it from anywhere). - In one column label it “Products”. - In another column label it “Avg Amazon Reviews”. - In another column label it “Amazon Product Results”. - In another column label it "Google Searches”. - In another 5 column's label them “ASIN1”, “ASIN2”, "ASIN3", “ASIN4”. - In another column label it “Avg Amazon Pricing”. - In another column label it “Avg Alibaba Pricing”. - In another column label it “Avg Daily Units Sold”. - In another column label it “Lead Time” - In another column label it
Play
Like
Play Next
Mark
Played
Share