If you are new to the online business then you should better know that it is a race and every minute that you lack behind someone is making effort to get the rating of their product high especially if it is an online business like Amazon Pakistan. The fear of failing hinders people to start a business even on Amazon FBA Pakistan yet one of the easiest and most opted ways to start an online business is on Amazon FBA business. Online entrepreneurs are after the query on how to make some serious money through amazon. In this article, you can learn the 10 best ways to do Amazon Product Research like a Pro.
Due to the serious competition in the market, many people claim it to be extremely arduous in making big on amazon. This for the most part is true but with a good and well-designed strategy and outstanding research skills, you can do well on amazon.
Top 10 Ways to Do Amazon Product Research
Here is a list of the top 10 ways to do amazon product research like a pro
Find a Profitable Product
As you decide to start a business on amazon look for the products that have less competition because then it would have high demand and more sale opportunities. For this purpose, before you decide on what product you have to sell try to gather all the information about it starting from the search volume of the product to know that if it’s even getting searched once such information has been gathered then you can narrow down the amazon product listing of the products that are potentially profitable. You have been vigilant of the reviews and the number of people buying this product.
Use Browsing Lists to Find the Latest Trends
Keep tabs on what products are doing well on the market and different are they doing to be recognized by the consumers. Try to locate the “Hot New Releases” and look for the reasons they are doing so well. To conquer the competition go ahead and check the latest trend in the option of categories and subcategories. That way you will have a better insight into what is trending and what is the inclination of people in the current times.
Search Volume and Keywords
These days if anything that has relatively more demand or hype will automatically have more ratings on Amazon, Google, Yahoo, or any other search engine so, it is important to check the search volume on the internet. If the keyword related to your product has 1000+ search volume then consider it a good direction to go. The more the search volume the higher the chances that your product is going to have a higher rating when people are going to search for it.
Put Visuals with the Product
Never underestimate the power of a good image. Hence, it is safe to say that it could be used as a tool when you are doing the research on the product looking for images used by the best seller then use it as a standard benchmark for your product.
Utilize Google Trends
It is time-consuming to the product research but using different tools like Google Trends can make a lot of difference. By using this tool you can be notified of the latest stories and latest trends, and the most used keywords so that you have an idea of the relevant topics. That way you will be exposing yourself to what the world has been searching for and what they are looking for.
Keep Tabs on the Competition
Another important trick for winning this race is to keep an eye on the similar seller and how they are making the sales of their products effective. Make strategies on what different you can do to make it ten times better for your product to do wonders see how you can replicate or improve it.
Go In for the Niche that is Less Mature
To make it big you don’t necessarily have to look for products that have relatively higher selling rates. Go for the ones with more reviews and fewer sales which means that you don’t look to worry about gaining traction and won’t be trying too much for the reviews.
Research on Product Fabrication
Another step that might help in the maintainability of the product is knowledge about the manufacturing cycle. The manufacturing cycle of the product is different from different manufacturing plants and drastically affects the quality of the final product. This also allows the same vendors to provide different levels of flexibility with regard to changes in the products. This might become useful when changes in demands require the product to be changed to suit the changing needs.
Track the Products of the Best Sellers
Track the progress and the products of the successful sellers. They will assist you in improving the quality of your own product by having a better insight and a standard.
The Evolution Potential
Once a small number of products have been filtered out from our search, a decision has to make for the selection of the product we want to manufacture. A number of criteria have to be followed while selecting the appropriate product, but one of the most important criteria is the complexity of the product and its evolution potential.
Since we are targeting a niche market, therefore customer feedback will be a huge factor in determining the success or failure of our product.