🕵️♂️ How to Find Profitable Amazon FBA Products in 5 Minutes
Are you looking for a way to make money on Amazon FBA? Do you want to find a product that can make you a profit in just a month? Look no further! In this article, we will show you the exact method to find a profitable Amazon FBA product in just five minutes.
📈 Step 1: Head to Amazon Marketplace and Click on Best Sellers Tab
The first step to finding a profitable Amazon FBA product is to head to your Amazon Marketplace of choice and click into the Best Sellers tab at the top left of the screen. Here, you will be shown all of the products available on Amazon in order of how quickly they're selling.
📊 Step 2: Niche Down by Clicking into Subcategories
Clicking any category on the left of the screen will show you all of the top-selling products related to that category. However, Amazon's categories are huge, with hundreds of thousands of products. If you start considering products to sell at the very top level, you'll only be faced with opportunities that are incredibly saturated and very expensive to sell in because of how many units are being sold every single day.
To solve this problem and be shown product opportunities that you can actually consider selling, click into at least two or three of these subcategories that appear in the left menu. The more that you can niche down when searching for an Amazon FBA product, the less competition you'll likely face, and the more viable product opportunities you'll discover.
🆕 Step 3: Check Out New Releases
Once you've clicked into the various subcategories on Amazon's Best Seller listing page, you'll start to see tons of products that are selling well, some of which you won't have even heard of before. In some cases, many of those products that you'll be shown won't be in markets that are competitive, which makes them potential candidates for you to start selling yourself.
At this stage of the process, what most people would then move on to doing is spending a load of time assessing the level of saturation and competition in the niche that they've just come across, while also considering whether the product that they found is actually worth selling.
But if you're watching this video now, well, you're in luck because there is one additional step that you can take that most people don't know about, and it's going to save you a huge amount of time and point you to opportunities that likely have lower levels of competition.
All you have to do is scroll to the top of the page after you've clicked the Best Sellers tab and then press New Releases. Here, you'll be shown the products on Amazon that have very few reviews and have only just launched, but despite that, they're already selling incredibly well, which gives a huge clue as to whether a niche that you found is likely to give you an opportunity to make a profit.
💰 Step 4: Verify Demand and Profitability
Remember, whenever you come across any product that is making an Amazon FBA seller lots of money, it doesn't automatically mean that there's an opportunity for you to mimic that person's success by selling the same. Before even thinking about placing an order with a supplier, you need to make sure that you are 100% confident that there is lots of demand for the product from shoppers and there's an opportunity for you to sell a similar product in some form.
To check this, download Helium 10's free Chrome extension, register for a free Helium 10 account using the link in the description below, and then press the Helium 10 X-Ray button after searching for any product that you want to sell. Even if you think that the Amazon FBA product that you found is going to be the best product ever to sell, if you don't see revenues of at least three times your monthly profit target when using Helium 10, then the demand is too low, and you should continue searching for other products.
Checking a product's demand is really important because you don't want to risk ordering a load of units that take forever to sell because nobody's searching and buying it on Amazon. And don't fall into the trap of thinking that just because a product is classed as an Amazon bestseller that it's selling thousands of units a month. There are hundreds of subcategories on Amazon, some of which represent products that have very limited if any demand at all.
🛍️ Step 5: Improve Upon Existing Offer
Once you've verified that an Amazon FBA product that you've found has enough demand to be worth selling, before you move on to start searching for suppliers for that product, you'll need to consider whether there are any opportunities for you to improve upon the existing offer.
Look at your competition and assess their product, the listing, the branding, and so on, and consider what can be improved. To get even more insights into what might be attractive to a customer, you can load up a competitor's listing and then analyze a summary of what all of the reviews are saying using Helium 10's Review Insights tool.
If you can see that customers are repeatedly complaining about things such as poor English instructions or a product that's difficult to use, then you've got some initial ideas to build off when thinking about how to improve your product.
🤔 Conclusion
Product research is definitely going to test just how badly you want to create an Amazon FBA business, so keep at it. Use the Best Seller method that we've just run through to keep your ideas fresh, and please guys, do not give up. Once you have found that initial product, everything will get a lot easier.
🌟 Highlights
- Niche down by clicking into subcategories to find less competitive product opportunities
- Check out new releases to find products with low levels of competition
- Verify demand and profitability using Helium 10's free Chrome extension
- Improve upon existing offers by analyzing competitor listings and reviews
❓ FAQ
Q: How long does it take to find a profitable Amazon FBA product using this method?
A: It only takes five minutes to find a profitable Amazon FBA product using this method.
Q: Is it necessary to use Helium 10's free Chrome extension to verify demand and profitability?
A: No, it's not necessary, but it's highly recommended as it can save you a lot of time and effort.
Q: Can I sell a product that's already being sold by someone else on Amazon?
A: Yes, you can, but you need to make sure that there is enough demand for the product and that you can improve upon the existing offer.
🌐 Resources
- [Helium 10's free Chrome extension](https://www.helium10.com/pricing/)
