How to Do Amazon FBA Product Research in 15 Minutes (2024): A Guide for Beginners
In this video, Flips4Miles gives you a full step-by-step breakdown on how to do Amazon FBA product research using SellerAmp SAS in 15 minutes for 2024.
Amazon FBA (Fulfillment by Amazon) can be a fantastic way to build a profitable online business, but success starts with finding the right profitable products. In 2024, Amazon’s marketplace continues to evolve, and the competition is fierce, so effective product research is more important than ever. Fortunately, you don’t need to spend hours sifting through data. With the right tools and approach, you can discover high-potential products in as little as 15 minutes.
In this tutorial, we’ll dive into the essentials of Amazon FBA product research for beginners using SellerAmp SAS—a tool that simplifies the process and gives you everything you need to know about product sourcing.
What is Amazon FBA Product Research?
Amazon FBA product research involves identifying products that have the potential to sell well on Amazon. You’ll want to find items with high demand, low competition, and good profit margins. The key factors to evaluate include product price, sales rank, fees, competition, and customer demand.
The best part? With tools like SellerAmp SAS, you can streamline the entire research process and make data-driven decisions without spending hours.
Why SellerAmp SAS?
SellerAmp SAS is a powerful tool that helps Amazon sellers analyze product data quickly and accurately. It saves time by offering a full suite of features designed to help you:
– Evaluate Profit Margins: Instantly calculate fees and estimate profit margins.
– Check Competition: See how many sellers are offering the same product and at what price.
– Analyze Demand: Use sales rank data to gauge customer interest.
– Identify Restrictions: Ensure you’re eligible to sell the products you’re researching.
With a free trial of SellerAmp, even beginners can start sourcing profitable products immediately. You can access real-time data to make informed decisions about which products to sell on Amazon.
Step-by-Step Guide to Doing Amazon FBA Product Research in 15 Minutes
1. Open SellerAmp SAS
Start by launching the SellerAmp SAS tool in your Chrome Browser as an Extension, directly on the Web App, or via your Mobile device. These 3 platforms make it super convenient to use whether you’re working from a computer or mobile device.
2. Search for a Product
Input a product keyword, or (if you’re on mobile), scan a product’s barcode to pull up relevant data. SellerAmp will instantly display a breakdown of the product’s sales rank, price history, and estimated profit.
3. Review Restrictions
Before committing to sourcing the product, make sure there are no restrictions on selling it. SellerAmp alerts you if a product is gated or restricted for your account, saving you from unnecessary complications.
4. Evaluate Demand
Look at the sales rank to determine how frequently the product sells. A lower sales rank generally means higher demand, which can lead to faster turnover and better cash flow.
5. Check for Competition
Review how many other sellers are listing the product and what price points they offer. You’ll want to avoid saturated markets or products where large sellers dominate the competition.
6. Analyze Profitability
Use the tool to calculate the product’s Amazon fees and your potential profit. Ensure you account for all costs, including shipping, FBA fees, and taxes. SellerAmp SAS helps you see whether a product is worth your time.
Start Sourcing Profitable Products Today!
Product research is the backbone of any successful Amazon FBA venture. By investing a little time into your product research strategy, you’ll maximize your chances of finding profitable products. As you build experience, you’ll refine your approach. This 15-minute method is perfect for beginners or experienced sellers looking to optimize their research.
Want to try SellerAmp SAS for yourself? Get started with a free trial and unlock the potential to source profitable products right away. Try SellerAmp now and take the next step toward building a thriving Amazon FBA business in 2024!
