Why is it essential to conduct Amazon product research?
The analysis stage enables you to ascertain consumer appetite before making a significant investment. Narrowing product segments to identify niches is a sensible place to begin. This method entails determining where rivals might be falling short of their potential. For Example – Badly Crafted Profile Pages, Negative Ratings, and Neglected Variants of a Model, all suggest low conversion rates and significant market opportunities for you.
How To Begin?
Investigating user feedback for Amazon FBA Wholesale in depth may be an especially helpful method for determining if the future competitor is meeting consumer demand. A category with significant demand and a small number of highly-rated or influential players may be a strong entry space.
Customers may not be overly faithful to one company or offering, so seeing categories where there isn’t just one product champion means possible opportunities. Additionally, measuring the seasonality of revenue may be an effective method of conducting product analysis.
For example, Decorations for Halloween may seem like a brilliant investment possibility in September, but may not be as attractive in November. Google Trends may help determine the kinds of searches conducted at various times of the year.
Best Tool For Amazon FBA Wholesale Market Research in 2021
Helium 10’s Amazon product analysis tool is among the most efficient software currently available in the market as of 2021. Their comprehensive suite of tools will assist you in gaining a competitive edge in the Amazon FBA Wholesale product research space.
With Helium 10, you have access to a product catalog of more than 450 million items, being the second-largest database next to Amazon.
Advantages of Helium 10 Software:
Black Box Product Search: You can use specialized filtering to quickly access a vast catalog of over 450 million items to identify a popular product or niche for Amazon FBA Wholesale.
Xray Chrome Extension: Launch Xray Chrome Extension while you’re on an Amazon search engine results page or product description page to validate new potential product prospects that you consider sourcing for yourself.
Reverse ASIN search: Compare several ASINS to uncover keyword data points, such as the estimated search volume of a keyword sentence, or the estimated search volume of a large keyword.
Top Amazon FBA Wholesale sellers realize how important product testing and amazon product research data can be. Without the appropriate Amazon product analysis tool, sellers face an uphill challenge on Amazon.
Avoid postponing your success at Amazon Marketplace and do give the above-mentioned tool a shot!