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Product Research Department





Our company has a Product reserch department. In this department all members are skilled and qualified. They possess a wealth of experience in this particular sector and consistently work diligently to ensure your success.

What product we should sell on Amazon? How can we ascertain the market's receptivity to this product among consumers? How do we know how to price it so you make a profit? We’ll cover all these questions and more, and we’ll show you exactly how we search for winning product ideas.

We don’t select product for your store at once. We followed 3 step to select products for your store.

1st step:

1.Identify some products:

·        At  first our product research department members Identify  some products for your store in your budget and your wanted profit margin.

·        We always  Choose a niche or category that interests client  and has demand.

·        Consider products with fewer competitors but still have a steady demand.

·        We use all types of amazon products research tools like Jungle Scout, Helium 10, AMZScout, Viral Launch, ASINspector, Keepa, CamelCamelCamel, SellerApp, Sellics, MerchantWords.

2.Analyze Competitors:

 

·        We Look at the top sellers in our chosen niche.

·        And Analyze their product listings, customer reviews, and pricing strategies.

 

3.Evaluate Demand and Profitability:

·        We also Use tools to estimate sales volume and potential profits.

               And Ensure there is enough demand without excessive competition.

We saw more things to choose profitable products for your store:

·        Profitability:

 

we want to make sure you can earn a profit on the products you sell. So for every product we evaluating, we research with experts. Can we source and ship this to Amazon for substantially less than it’s selling for? To find out it, we generally consider the “3X rule” or “rule of 3’s.” Assume that each product’s sale is broken up into ⅓ for fees, ⅓ in landed costs, and ⅓ for you. (So, if the product sells for $30, we should expect to profit $10.) For all products we considering, analyze them for profitability, demand, and competition. We’ll break down how to assess those important factors. We will find a profitable, high-demand, low-competition product to sell on Amazon Here’s a breakdown of how we can calculate potential profitability by assessing costs and revenue for each product opportunity.

 

 

Cost:

·        Landed costs :The collective costs to produce and transport your product to Amazon’s warehouse.

Cost of inventory:

·         Any preparation or inspection fees.

·         Shipping (not typically included in cost of inventory because costs vary depending on whether you ship via air or sea methods) .

·        Duties (these will vary based on where you’re ordering from and where you’re shipping to, and they may change over time).

·        Promotional costs such as packaging and advertising.

 

·        Amazon fees: Amzon warhouse fees, Products selling fees,  Pick and pack fees.

 

Calculate the cost of these things we select products. We also see more these thing to choose the profitable products for you:

 

Revenue:

 

·        Of course we will take of any sale will depend on how much you can buy the product for, and what fees come out along the way. As a general rule, you want the product to sell for $20-$50 to allow for healthy profit margins. Below $20, profit margins are minimal and possibly not worth your effort. These are also typically the types of products that become oversaturated quickly because they are so inexpensive to source. On the other hand, if you price your products above $50, know that customers may be unwilling to spend higher amounts on a brand they don’t recognize. Simply calculate your profits by subtracting fees and costs from your potential revenue.

 

Demand:

 

 

The key component of a good product to sell on Amazon is demand. Do people want this product? Are they looking for it or is