How To Find The Best Products To Sell On Amazon | Viral Launch Pro

Today, we’re looking for some GREAT products to sell on Amazon! If you haven’t found a product to sell yet, OR you’re looking for more products to add to your repertoire, this video is ESSENTIAL for you to develop a product strategy.

Walking through this process involved using the most comprehensive Amazon Toolkit available.

If you'd like to check out each of these for free, and follow along as we develop our Product Research strategy, click here to create a free account and get started: http://bit.ly/AmazonJourney

To sign up and get the PRO package, head here: http://bit.ly/VL-PRO To keep up to date with all of our content on YouTube, consider subscribing! http://bit.ly/VLsubscribe

••••••••••••••••••••••••••••••••••••••••­­­•••••••••••

Check out full strategy guides for Product Discovery: http://bit.ly/PD-Strategy

If you want to see more walkthroughs for the Pro Package, check out more videos here! http://bit.ly/VL-Tutorials

Also, check out our Podcast for discussion around developing the best selling strategy on Amazon: http://bit.ly/FollowTheData-VL

••••••••••••••••••••••••••••••••••••••••­­­•••••••••••

Partial Transcript: One of the first things I always look to is the Revenue. Is there Revenue where I want it to be? Now this has two sides, remember - something too low for what I’m looking for is usually out of the books automatically (unless I’m looking to source a bunch of lower-revenue products, rather than one BIG-revenue product).

However, something with a HUGE revenue might be too far out of my investment range. You’ll want to make sure that the AVERAGE here is where you want it to be, not just a couple ASINs. You can click into the Detailed Statistics in order to grab the average top 5 or 10 average revenues.

Im not going to give an exact Revenue to look for, since it’s dependent on where you’re at and where you’re wanting to be. A consistent average across page 1 is really important. A good average to look for is something like at least $10-15k a month. The next metric for you to notice is the PRICE. Something that’s too low is going to often times going to simply have too low of a margin. It’s difficult for sellers that don’t already have a solid foundation of a number of products to come in and sell a product or two that are selling at $9 each.

Aiming for a price of at least $15 is usually a good idea, in order to keep markets with a decent margin in front of you. Also, noticing a consistent price is important. Typically, it’s best to find markets that have prices that are around the same average rather than all over the place, just to ensure as much consistency as possible. If you go over into Market trends, you’ll be able to see the average price for the market. A substantial drop here is usually a red flag, indicating the potential for the price to drop significantly by the time you’re in the market. Finding a consistent price is huge. Sales - another classic indicator for a great market to get into. Again, no specific number here, but a market that has a high number of sales (similar to the revenue count) is going to be great, as long as you can handle the volume. So - look for high sales.

REVIEWS. Potentially one of the most important metrics here to take into consideration. Reviews are going to make or break your ability to come in as a new seller and do well. If there are a lot of products in a market that have a LOT of reviews, it’s going to be hard for you to do well from the start. It doesn't mean you can’t do it, it just means you’re going to have a more difficult time. Your goal should be to find markets with the LOWEST amount of reviews. As I mentioned before, average review counts Above the 200 point become much harder to compete in, however again ideally you’re finding markets that have as low reviews as possible.

Since reviews and sales are both so important, we have this metric here to help you make some quick decisions - the sales to reviews ratio. This ratio is simply the amount of sales relative to the amount of reviews - SO - basically, if a product has 100 sales and 10 reviews, the Sales to review ratio is 10.

The higher amount of sales for a market, the better, right? At the same time, the lower amount of reviews, the better. Because of this, a HIGH sales to reviews ratio is going to be what you want to find. A Market with a high average sales to reviews ratio will indicate quickly that the market has a high amount of sales, and a low amount of reviews. One thing you need to really dig into here - search volume. Now, you won’t have access to this without Keyword Research, however it’s an ESSENTIAL part of validating markets.

Видео How To Find The Best Products To Sell On Amazon | Viral Launch Pro канала Viral Launch