Everyone is looking for the golden egg, a perfect amazon product hunting is something that will change their lifestyles. This product will not arrive in front of you on a plate, nor will anybody ever place it on a plate for you. You’ll have to wade through Amazon’s ocean of 500+ million goods and make an educated selection thereafter.
Amazon product hunting is by far the most important step, and if you don’t devote a significant amount of time to it, you’ll be disappointed. There are two types of sellers: those that base their judgments on their limited observations and those who adhere to precise standards. This blog will refute both. The golden egg of success must be hatched through a combination of data analysis, observations, and experiences.
Tips and Tricks for Amazon Product Hunting
1. Low Competition and High Demand
You must locate a product with high or even moderate demand when doing amazon product hunting. Once your product is listed for sale on Amazon, demand will decide how long it takes for it to sell. So, ideally, you’d go for a product with a high sales velocity by default and a small number of vendors so that you can easily stand out.
Whatever product you choose, you’ll need to come up with a strategy to get it to the first page. We can only estimate and anticipate intelligently utilizing various methods and gain a sense of the degree of demand from many sources. Jungle Scout (JS) Chrome Extension is the most well-known tool that all gurus suggest.
Egrow is a newer product on the market that produces similar findings as Jungle Scout but with a different user interface.
2. Seasonality for Amazon Product Hunting
The product we choose should not be a seasonal hot seller or in high demand only once a year. By entering the product keywords into Google Trends, you can quickly examine the product demand trend while doing amazon products hunting. Low-seasonality products will, first and foremost, be unexpected in terms of sales and, second, will only deliver for a limited time. As a result, it’s a no-go zone for new vendors, as these categories will only be a fight for manufacturers or full sellers.
3. Monitoring the Consistency of Product Behavior
Seasonality and reviewing the outcomes is like capturing a picture of the situation at the time will help you a lot in amazon product hunting. Keep in mind that any results you obtain are only valid for that precise period. So, you’ll need to set aside a time, ranging from weeks to months or even longer depending on the product, to watch the product’s behavior and determine if it behaves consistently over time.
Keepa may also be used to check how old your rivals are and how their selling prices have changed over time.
4. Name of the Product
When evaluating an amazon product hunting using Jungle Scout or AMZ Wordspy, you should avoid making the error of utilizing the product title and instead utilize the important keywords. Getting enthusiastic about JS Opportunity Scores or AMZ Wordspy ratings by employing wrong words is a frequent novice error.
5. It’s Should be Small and Light.
Our recommendation for amazon product hunting is to select a product that weighs less than a pound and does not have unusual measurements. At least, in the beginning, sellers are highly conscious of their spending, and they are frequently upset by unexpected charges that appear out of nowhere. The cost of transportation will be higher for heavy and large-sized goods. Amazon will also charge you more to store your merchandise in their warehouse. Because their calculations are mostly dependent on measurements, we recommend that you keep an eye on the size and weight of your products, as you will ultimately have to raise the product cost to be charged to the ultimate customer.