What to Sell and What Not to Sell on Amazon in 2024
Are you looking to make money selling products on Amazon in 2024? If so, you need to know what to sell and what not to sell. In this article, we will go over the winning criteria for selling on Amazon and provide you with an exact step-by-step product research strategy to find the products that you should sell.
The Winning Criteria
Before we dive into the product research strategy, let's go over the winning criteria for selling on Amazon. Here's what you should and shouldn't sell:
What Not to Sell
- Cheap products
- Competitive products
- Trendy and fad products
- Restricted products
What to Sell
- High-end products with premium pricing
- Products that solve a problem
- Products that are better than your competition
- Products with low brand dominance
- Products with more keywords to describe them
- Giftable products
Step-by-Step Product Research Strategy
Now that you know what to sell and what not to sell, let's dive into the step-by-step product research strategy to find the products that you should sell.
Step 1: Get Helium 10
The first thing you need to do is get a tool called Helium 10. This tool will help you with Amazon product research. You can get a 20% discount code for 6 months by clicking on the link below.
Step 2: Use Blackbox
Once you have Helium 10, you need to use Blackbox. This is Amazon product research. Click on the keywords tab and filter your criteria to fit what you should and shouldn't sell.
Step 3: Set Your Price Range
Set a price minimum and maximum. You don't want to sell anything cheaper than $40. The maximum depends on your budget.
Step 4: Check the Review Count
You don't want to sell in categories where the competition is just absolutely brutal. Check the review count and make sure it's no more than 500.
Step 5: Select Eligible Categories
Select categories that you know you're eligible to sell in. Home and kitchen, kitchen and dining, office products, and sports and outdoors are good categories to start with.
Step 6: Find Products That Solve a Problem
Type in the review rating and find products that have less than a 4.2-star rating. This will allow you to find where sellers are doing well but have bad reviews. If they have bad reviews, you can fix those problems and improve the product.
Step 7: Look for More Keywords
Look at the search volume and find a keyword that's being searched at least 2,000 times. You want a wide variety of sellers selling over $7,000.
Step 8: Hit Search
Hit search and Helium 10 will pull all the data that you entered in and find products that fit that criteria.
Step 9: Verify Your Products
Pull up the Chrome extension and see how the sellers are doing. Check the search volume and look at some data. Make sure there's still opportunity.
Highlights
- High-end products with premium pricing are the way to go.
- Products that solve a problem are a must.
- Avoid cheap, competitive, trendy, and fad products.
- Look for products with low brand dominance and more keywords to describe them.
- Giftable products are a bonus.
FAQs
Q: What should I not sell on Amazon in 2024?
A: You should not sell cheap, competitive, trendy, or fad products. You should also avoid selling restricted products.
Q: What should I sell on Amazon in 2024?
A: You should sell high-end products with premium pricing, products that solve a problem, products that are better than your competition, products with low brand dominance, products with more keywords to describe them, and giftable products.
Q: What is the winning criteria for selling on Amazon?
A: The winning criteria for selling on Amazon is to sell high-end products with premium pricing, products that solve a problem, products that are better than your competition, products with low brand dominance, products with more keywords to describe them, and giftable products.
Q: What tool should I use for Amazon product research?
A: You should use Helium 10 for Amazon product research.
Q: What categories should I sell in on Amazon?
A: You should sell in categories that you know you're eligible to sell in. Home and kitchen, kitchen and dining, office products, and sports and outdoors are good categories to start with.
Conclusion
Selling on Amazon can be a lucrative business if you know what to sell and what not to sell. By following the winning criteria and using the step-by-step product research strategy outlined in this article, you can find the products that you should sell on Amazon in 2024. Remember to verify your products and make sure there's still opportunity. Good luck!