Browsing: Product Research

With over 5 million online sellers on the platform, Amazon is one of the most popular online marketplaces in the world. It has around 200 million Prime memberships all over the world, and the number continues to grow. These statistics show there hasn’t been a better time to start than today. However, finding the best items to sell on Amazon should be a priority if you want to be successful in this field. There are dozens of new Amazon products that fly undetected by most sellers. So if you are wondering what the best products to sell on Amazon are,…

Amazon is not just the largest online marketplace in the world. It also presents multiple opportunities for entrepreneurs to make a living online. Selling private label products on Amazon is one of the many ways to make money on the website. If you are an individual seller who wants to start your own brand, selling private-label products is the way to go. What Are Private-Label Products on Amazon? Do you want to sell a generic product with your logo, name, and brand on it? Do you want to become one of the successful Amazon brands that have a huge following…

China has been the home of many Amazon suppliers. In fact, if you look at the U.S. import records, you’ll see that China-sourced products dominate every import category accounting for over 41% of all U.S. imports! And with this data, it isn’t a surprise that most Amazon sellers turn to Chinese suppliers to manufacture their first Amazon products. For one, it’s very easy to find them. All you need to do is go to Alibaba and you’ll find thousands of Chinese suppliers willing to cater to your sourcing needs. Two, it’s cheap. China has the lowest labor costs in the…

Here’s an undeniable fact: Product reviews trigger shoppers to buy. Admit it, you probably have fallen in love with an Amazon product before… Only to get turned off by the lack of reviews. And I get it. In such a buyer-centric platform like Amazon, items that don’t have any reviews are barely viewed by customers… Making it hard to make a sale and get more feedback. Going back to the first time I heard about Amazon, my initial impression was that selling on the platform is pretty straightforward. You build an Amazon store, launch your products, and sales would automatically…

https://player.vimeo.com/video/466532542 Way back in 2002, the convenience store chain 7-Eleven started celebrating Slurpee’s unofficial birthday craze (which later turned into an annual event) where they gave away roughly 4.5 million mini-sized Slurpees. Everyone was invited to get their hands on as many mini Slurpees their brains could handle for FREE without being forced to buy something else in return! Logically speaking, this event could’ve been a big loss to the company considering the massive amount of Slurpees they gave away for free… But wanna know a secret? 7-Eleven profited even more from this GIVEAWAY which skyrocketed the store’s sales by…

In 2019, worldwide ecommerce sales topped $3.5 trillion USD. Up by a whopping 18% from the previous year. Simply put, ecommerce accounted for 14.1% of the TOTAL global retail sales. And although ecommerce is growing much faster than physical retail, it’s still a relatively small piece of the pie as brick and mortar store sales still account for nearly 90% of the total global revenue. But wait… This was the scenario BEFORE the COVID-19 pandemic. Now with the virus spreading globally, quarantines and lockdowns were implemented and even the world’s leading financial hubs weren’t spared. And when people were told…