Many sellers who have succeeded on Amazon US are planning to expand more marketplace. When choosing a new marketplace, it is important to know in advance what categories are available and which subdivided markets have a larger capacity, less monopolistic, less competitive, and easier to enter.
As an Amazon seller, in order to make the category we intend to develop and operate go further and wider in the future, we used multiple ways to obtain historical data to predict the future development trend of this category.
Every Amazon FBA seller knows to do product research to find profitable products , But just doing product research can help you to find winning products on Amazon without "chicken ribs" products? Here I will introduce you a new analysis method- category research.
There is no doubt that sellers need auxiliary tools to conduct their business. Recently, many cross-border sellers said they found it difficult selecting right products to sell on Amazon and had no idea about the product research tools.
When discovering product, we can quickly determine the market condition through some shortcuts and we also can conduct the first round of market screening. One of the most effective dimensions is “New Product Proportion”.
We can quantitatively evaluate the intensity of competition in a market from the following four dimensions:Commodity Concentration, Brand Concentration, Seller Concentration, and reviews. we still need to make further data analysis and judgment. Test Your Product Research now!
Time and again, Fulfillment by Amazon (FBA) sellers’ surveys have revealed that product research is the most critical and frustrating part of the entire selling process. Thankfully, there are some top Amazon product research tools that can help you gain some real financial freedom.
Keyword research is an important process in your Amazon product journey. Keyword research tool play a very role in finding important keywords which can bring more traffic to their product listing. In fact, it can also be used to find niche products.