🔍 How to Find Profitable Products on Amazon: Step-by-Step Guide
If you're struggling to find profitable products for your business on Amazon, you've come to the right place. My name is Jacqueline, and I'm a six-figure Amazon seller. I've been selling on Amazon for about three years, and I know how challenging it can be to find profitable products when you're starting out. Finding products with the right criteria can make or break your business. That's why I'm going to show you exactly how to find products that will bring you at least five thousand dollars in net profit per month.
Table of Contents
- Introduction
- Necessary Tools
- Search Criteria
- Analyzing the Results
- Estimating Profit Margins
- Conclusion
Introduction
Finding profitable products on Amazon may seem intimidating, but with the right tools and criteria, it can be easy and effective. In this guide, I'll show you how to use Helium 10, my favorite tool for finding profitable products on Amazon. We'll go through the most important search criteria and how to analyze the results to find products that will bring you at least five thousand dollars in net profit per month.
Necessary Tools
To get started, you'll need a Helium 10 account. You can sign up for free using the trial link in the description. If you're ready to start your business, I recommend signing up for the Platinum plan and using my discount code "amzd50" to get a good discount. You'll also need to download the Helium 10 Chrome extension to access all the features.
Search Criteria
Now that you have the necessary tools, let's move on to the search criteria. We'll be using Helium 10's Black Box tool to find profitable products. First, select "Product Research" in the tools, then choose "Black Box." Now, let's select the most important search criteria:
- Search Volume: We'll set it to a minimum of 3000. This will indicate how many times a keyword is searched per month on Amazon and give us an idea of the product's demand.
- Monthly Revenue: We'll set it to a minimum of 20,000 dollars. This will help us find products that generate enough revenue to bring us at least five thousand dollars in net profit per month.
- Price: We'll set it to a minimum of 20 dollars and a maximum of 70 dollars. We want to find products that are not too expensive for customers but still bring us enough profit.
- Reviews: We'll set it to a maximum of 700. We want to find products that have enough reviews to give us an idea of the demand and product quality.
We'll also select the categories "Home and Kitchen" and "Shipping size tier small and large" for the advanced filters. This will help us find products that are easy to ship and have high demand.
Analyzing the Results
Once you've selected the search criteria, click on "Search" to see the results. You'll see a list of products that meet your search criteria. Now, it's time to analyze the results and find profitable products.
Look for products with high search volume and monthly revenue. This indicates a strong demand for the product and the potential for high profits. Click on the products to see the details and customer reviews.
Estimating Profit Margins
Now that you've found products that seem profitable, it's time to estimate the profit margins. Use Helium 10's profitability calculator tool to estimate costs and profits. This will give you an idea of the profit margin for each product.
Conclusion
Finding profitable products on Amazon may seem intimidating, but with the right tools and criteria, it can be easy and effective. Use Helium 10 to find profitable products that will bring you at least five thousand dollars in net profit per month. Remember to estimate the profit margins for each product before making a final decision. Good luck in your search for profitable products on Amazon!
FAQ
Q: What are the most important criteria for finding profitable products on Amazon?
A: The most important criteria are search volume, monthly revenue, price, and customer reviews.
Q: What is the most useful tool for finding profitable products on Amazon?
A: Helium 10 is the most useful tool for finding profitable products on Amazon.
Q: How do you estimate profit margins for each product?
A: Use Helium 10's profitability calculator tool to estimate costs and profits for each product.
Resources
- Helium 10: https://www.helium10.com/
- Amazon: https://www.amazon.fr/
