How to Find Profitable Products on Amazon - Step by Step Guide

TLDRLearn the exact process for finding profitable products on Amazon, including tips for choosing the right niche, analyzing sales data, and identifying opportunities. Follow this method consistently to discover good product opportunities and grow your Amazon FBA business.

Key insights

🔎Start by finding a completely random private label product in a niche where the products are completely different, such as gifts for men or kitchen accessories.

💰Look for products with a minimum selling price of £15 and a reasonable demand of 100-300 units per month for new sellers.

⚙️Use tools like X-ray from Helium 10 to analyze the sales data and sort the results by price and demand.

🤝Find sellers with multiple good products in their storefront, as they are more likely to have other profitable opportunities.

🔎Continuously repeat the process of finding products, analyzing their sales data, and exploring related niches to discover new opportunities.

Q&A

What price range should I target when looking for products?

For new sellers, it is recommended to look for products with a minimum selling price of £15, preferably £20 or higher.

How do I know if a niche has enough demand?

Look for products with a reasonable demand of 100-300 units per month for new sellers. This indicates that there is a market for the product.

Should I focus on one niche or explore different niches?

It is recommended to explore different niches and product opportunities. By diversifying your product portfolio, you can mitigate risks and increase your chances of finding profitable opportunities.

Can I use tools to analyze sales data?

Yes, tools like X-ray from Helium 10 are helpful for analyzing sales data, sorting products by price and demand, and identifying potential opportunities.

How often should I repeat the product research process?

To consistently find profitable products, it is recommended to repeat the product research process regularly. By continuously exploring different niches and analyzing sales data, you can discover new opportunities and grow your business.

Timestamped Summary

00:00Watch the video to learn the step-by-step process for finding profitable products on Amazon.

03:08Start by finding a completely random private label product in a niche where the products are completely different.

06:16Look for products with a minimum selling price of £15 and a reasonable demand of 100-300 units per month for new sellers.

09:52Use tools like X-ray from Helium 10 to analyze the sales data and sort the results by price and demand.

12:43Find sellers with multiple good products in their storefront, as they are more likely to have other profitable opportunities.

16:29Continuously repeat the process of finding products, analyzing their sales data, and exploring related niches to discover new opportunities.

18:15Remember to target products with a minimum selling price of £15, look for reasonable demand, and explore different niches to increase your chances of finding profitabl opportunities.