Finding Profitable Products to Sell on Amazon [2020 Research Method]
Do you spend an entire day researching products for your Amazon business, but always seem to come up short?
Do you have thousands of Amazon bundle ideas but come up with no products?
You’re not alone. Many new Amazon sellers know that they need to do some product researching but have no idea where to start, and we’ve certainly been there before. If you feel like you’ve been spinning your wheels for nothing, know that there are research strategies you can execute to help you grow your Amazon business.
In this episode, we discuss how to research for profitable products to sell in your Amazon business. We underscore the importance of a niche and explain how you can use your knowledge bank to find your niche. We illustrate the benefits of business relationships with wholesale vendors and describe how they can help you scale your online business. We also explain why you need to focus on one to three catalogs as well as share tips to help you work smarter with creating Amazon bundles.
“People don’t buy products - they buy solutions. You have to think about the customer and what they want.” - Kristin Ostrander
This week on the Amazon Files:
- Why you need to have a niche and a plan to find profitable products to sell on Amazon
- How to find a niche using your knowledge bank
- The importance of thinking about your customer’s needs and problems
- Contacting wholesalers and why you need to focus on a smaller number of catalogs
- How refocusing our catalogs benefited our Amazon business
- How building a solid relationship with wholesale vendors can help you source profitable products for your Amazon business
- How to “deluxify” your Amazon bundles to make more sales
- Looking at competing products to enhance your own product bundles
- How to stop overthinking your product research and sourcing
WATCH NOW:
LISTEN:
Related Content:
Grow Your Amazon Business!
Thanks for tuning into this week’s episode of The Amazon Files, the show to help Amazon seller along their business journey one step at a time with your hosts and Amazon experts, Amy Feierman and Kristin Ostrander. If you enjoyed this episode, head over to Apple Podcasts, subscribe to the show and leave us your honest review. Don’t forget to share your favorite episodes with your friends on social media! Use the codeword FRAMEWORK to join us on Facebook. Each week we host a live discussion on how to grow your Amazon business. Don’t forget to check out our website and subscribe to our mailing list for even more resources.
Want to Learn More?
It’s time to discover our Wholesale Bundle System™ that is your roadmap to bundling success! This course is packed with valuable information & tools to help you maximize your Amazon profits. The destination: freedom to spend less time sourcing products and to spend more time with your family. We give you the exact framework & strategy we use to create and sell wholesale bundles with massive success!http://www.mommyincome.com/system
Latest Blogs
