How To Find High Demand Products To Sell On Amazon

Summary

In this informative video, Tatiana guides viewers on assessing product demand for Amazon sales using Helium 10's Alibaba Demand Analyzer. She demonstrates how to identify if a product is already in demand, analyze search volume, and determine profitability. Tatiana also shares strategies for finding niche markets and suppliers, emphasizing the importance of understanding market demand to ensure product success on Amazon.

Takeaways

• 🔍 Assessing product demand on Amazon is crucial for potential sellers to avoid common mistakes.
• 📈 Using personal preference to choose products isn't reliable; market demand is key.
• 🛠 Helium 10 offers a tool called the Alibaba.com Demand Analyzer to assess demand on Amazon.
• 💡 This tool helps determine if there's existing demand for a product on Amazon, providing confidence in potential sales.
• 🔗 Helium 10's Chrome extension integrates with Alibaba to evaluate product demand without leaving the website.
• 🔍 The tool shows monthly search volumes, seasonality, and average selling prices for products.
• 🎯 Niching down initially can help sellers stand out in a competitive market before broadening their product range.
• 📊 Analyzing competitor listings, reviews, and keywords can reveal opportunities to improve and differentiate a product.
• 💸 Helium 10's profitability calculator helps estimate profit margins and assess if a product is financially viable.
• ⏱ Using tools like Helium 10 saves time and reduces human error, enhancing productivity for Amazon sellers.

Q & A

Why is it important to assess the demand for a product on Amazon before selling it?

It is important to assess the demand for a product on Amazon to ensure there are buyers interested in the product. This helps determine if the product will be successful and profitable.

What common mistake do new Amazon sellers often make?

New Amazon sellers often get excited about selling and choose products based on personal preference or household items they love, without researching if there's market demand for those products.

What tool does Tatiana recommend for assessing product demand on Amazon?

Tatiana recommends using Helium 10, specifically the Alibaba.com Demand Analyzer tool, to assess product demand on Amazon.

How does the Alibaba.com Demand Analyzer tool help sellers?

The Alibaba.com Demand Analyzer tool allows sellers to analyze the demand for a product on Amazon by pulling information such as search volume, revenue estimates, and competition directly from Amazon.

What example product does Tatiana use in her demonstration?

Tatiana uses an exercise ball as the example product in her demonstration.

What does a high search volume for a product on Amazon indicate?

A high search volume indicates that there is a significant demand for the product, meaning many people are searching for it on Amazon.

Why should sellers look at the search volume history for a product?

Sellers should look at the search volume history to determine if a product is seasonal and to understand the demand trends over time, which helps in making informed decisions about stocking and marketing.

What is a potential downside of a product having high demand on Amazon?

A potential downside is that high demand often comes with high competition, which can make it difficult for new sellers to enter the market and be discovered by customers.

What strategy does Tatiana suggest for new sellers to remain competitive in a high-demand market?

Tatiana suggests niching down by targeting specific variations or audiences, such as 'exercise ball chair' or 'exercise balls for women,' to reduce competition and better cater to specific customer needs.

What are some key metrics provided by the Alibaba.com Demand Analyzer tool?

Key metrics include search volume, estimated total revenues for top products, average selling price, search volume history, and the number of competing products.

How can the Helium 10 Profitability Calculator assist sellers?

The Helium 10 Profitability Calculator helps sellers estimate their profit margins by inputting the unit manufacturing cost and other variables, providing a detailed profitability analysis.

What advantage does using a tool like Helium 10 offer to Amazon sellers?

Using a tool like Helium 10 offers Amazon sellers significant time savings and accuracy in research and calculations, reducing human error and allowing sellers to make data-driven decisions efficiently.

How can sellers find suppliers on Alibaba without leaving Amazon?

Sellers can use the Helium 10 Chrome extension's 'Source on Alibaba.com' feature while browsing Amazon to find suppliers for the products they are interested in selling.

What filters can be applied when searching for suppliers on Alibaba using Helium 10?

Filters include the age of the supplier's Alibaba account, verified supplier status, supplier country, vendor rating, minimum order quantity (MOQ), and price.

What does the verified supplier badge indicate on Alibaba?

The verified supplier badge indicates that the supplier has been verified by third-party sources, ensuring that the supplier is reputable and trustworthy.

Why is it beneficial to use Helium 10's tutorials?

Helium 10's tutorials are beneficial because they help users learn how to effectively use the suite of tools available, which can be overwhelming at first, thereby enhancing their ability to conduct product research and optimize listings.