You're looking for products that have features like
Sales spread among several sellers rather than being controlled by one or two. Sufficient demand is the ability of the top ten sellers for a specific product or keyword to sell an average of 10 units per day. Now we can assess demand by looking at the top ten results and seeing whether there are around 3000 purchases every month - this is simply a rule of thumb we like to use as a guideline. It varies per product category and marketplace, but finding products to sell on amazon if these top ten sellers are selling their wares!
A short word on how sales spread among the top ten sellers: it's not ideal if one or two merchants account for sales. With a new product, it would be to compete with them. In the best-case scenario, sales are divided equally, with even the 10th-place seller selling 300 units or more every month.
Reviews
You consider the reviews while assessing the competitors. Analyzing a product's review count is a great way to see how competitive it is. If the top sellers in a product category have thousands of reviews, it's generally a very competitive field.
On the other hand, if you've found a high-demand product with only a few reviews from the seller, it could be worth your time to investigate. As a result, we recommend that you shop for items with less than 200 reviews (with excellent opportunities below 100) and finding products to sell on amazon?
Monitor Trends and Competitors
It's also a positive indicator if a handful of the top ten results have less than 75-100 ratings. The fastest and most reliable way to dig into your product ideas is to use the competitive landscape. However, you should track any products that you are particularly interested in for a week or more at this point. You may import them immediately, automating your rival research.
The Best Sellers List on Amazon (BSR)
Amazon uses the BSR hierarchy to rank any product in their database. Do you want to know how much your potential competitor's monthly sales are? Any product category and BSR ranking to estimate the sales volume using our free sales estimator tool. Select your marketplace and category, punch in the BSR from the extension. You now have a leg up on the competition and a greater understanding of demand.
So, where do I look for that multimillion-dollar product concept?
Logically, this concentrates on the measurements and, as a result, lowers the risks associated with a product. As a result, profiting is usually easier and faster. What you're enthusiastic about is what you should sell. One of the advantages of selling something you care about is that you already know everything there is to know about it, making the learning curve a little less steep and allowing you to focus on branding.
However, there is no right or wrong in this world; it all comes down to you and what is best for your company.
amazonsourcingagent.com is your professional best Amazon sourcing agent in China, helping thousands of worldwide buyers import from China. The Amazonsourcing team have proficient experiences in sourcing computer laptops, phones accessories,smart electronics, furniture, textile, apparel, makeup, sports, lamzac, jerseys, shoes, jewelry, gifts, stationary and office industrial machines, automation solutions, OEM parts wholesale products from manufacturing factory.They offer international sourcing service from purchasing products in China to shipping to destination such as Amazon warehouses worldwide. They can help you save time, save on costs, and reduce the risks usually associated with importing from China wholesale suppliers. If you are going to buy wholesale from china, buy direct from China suppliers, sourcing products from China manufacturers, Tell them what you’re after, and you'll receive our best-price quotation within 2 days.
