“When I made $100,000 profit my first 10 months as a beginner selling name brand products on Amazon, product research was the cornerstone.” – Miles
In this video, arbitrage entrepreneur and SellerAmp user Miles provides a guide to Amazon online arbitrage product research. If you’ve been struggling to make money with online arbitrage and want to increase your profits, this video is for you! Everything you need to succeed with your arbitrage business has been broken down into a comprehensive guide, covering key topics such as: OA reverse search, Amazon Kindle niche research and OA sourcing lists as well as how to use SellerAmp SAS’s great range of features.
Video Guide Summary
Miles starts with noting that the three core questions any reseller should ask themselves are :
- Can you sell it?
- Does it sell?
- Is it profitable?
In the first part, he shows how easy it is to answer these questions with SellerAmp SAS. He explains exactly what parameters you should aim for using the profit calculator feature, then follows up with tips on getting your settings right. Miles also talks through how to stay organised using Google Sheets to export data directly from SellerAmp. This is then used to view selling history, track leads and learn sales cycles for different retailers! He goes into detail on the topic of sourcing – utilizing whats called the “storefront stalking method” to see all the fastest moving products and an overview of the live sourcing section.
Secondly, Miles shares his sourcing “cheat codes” – discounted giftcards, reseller certificates such as tax exempt permits and cashback sites to instantly save money. Showing what to look for in the ROI, BuyBox and Keepa data, Miles teaches you about what makes a great product to sell and what doesn’t. A great tool you should use for this is the SellerAmp QVS (Quick View Simplified) which really speeds up the process of taking a look at data from the Amazon search page.
To finish off, Miles goes through some live examples of sourcing products using SellerAmp SAS on Amazon and putting all the tips so far into practice. Follow along to feel confident in sourcing your own products and smashing your arbitrage goals!
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