The first criteria that you want to look for and that we use in our businesses is to find a product that’s priced between 17 and 70 dollars. These seem to be the perfect sweet spot. We call it the Goldilocks principle because it means that if you find a product that’s going for less than 17 dollars you won’t make enough of a profit. But if you have a product that goes over 70 dollars, then it’s too expensive to get going in this business, and we want everyone to have this opportunity.
The next criteria we use is something called BSR which is bestsellers rank. And it’s simply Amazon’s way of ranking products by the amount of demand. So the products that have the lobbyists are in other words one have the most demand on Amazon.
Now the third criteria for how to find the perfect product to sell on Amazon is to find a product that’s also not too heavy, and we always recommend using products that are only five pounds or less. This right here Richard gets that for me. We’ve got that five pounds.
The fourth criteria is the number of reviews that a product has in general reviews give you an idea of the level of competition so you can have thousands of reviews then it’s a very competitive product. And again you’re going to struggle to compete with a product that’s already got two thousand reviews. So what we look for is any product has 1000 reviews or less. And again it’s really simple to find. It’s at the top of the page, but it’s also right here under product information. You can see it here. They’ve got an average rating of four point one, and they have 400 full customer reviews. So that’s well below our range you know of a thousand or less.
Now the last the fifth and final criteria is something that we call the ability to private label a product or be able to make this product your brand and to better illustrate that. Let’s pull up this lunchbox again. Now you may think that this is a proprietary design or this company came up with this lunchbox design on their own, but chances are there are hundreds if not thousands of other manufacturers are selling this same type of product right here. I’m going to try to open up like that. There’s no printing, no branding on the inside at all other than on the front label. They have put their logo right here. That is how they private label that’s made this product their own and almost any product on Amazon maybe other than something that’s patented or a product like a cell phone or
Finding the perfect product using the five criteria is the first step in building your own business.
SellerCon is our Amazon Seller Conference where entrepreneurs gather to discover proven strategies to grow their business, develop connections with other business owners, and learn from successful Amazon millionaires.
SellerCon is THE LARGEST Amazon Seller event out there. Our 3-day convention provides Amazon Sellers the opportunity to learn new tactics, meet fellow entrepreneurs, and access the right resources to boost their Amazon business growth.
Attendees will learn specific skills to increase Amazon sales, run targeted advertising campaigns, create email funnels that generate sales in the background, as well as develop listings, web pages, and content that converts.
SellerCon 2019 will take place June 21 -23rd at the MGM Grand in Las Vegas, Nevada. (Previous SellerCons have been hosted in Orlando, Florida, Barcelona, Spain, and Texas.)
What to Expect From Our Amazon Seller Conference
Matt Clark and Jason Katzenback, Amazing’s Co-Founders will kick-off the conference with information of what to expect and how to make the most of the SellerCon experience.
SellerCon is packed with speakers and events designed for sellers seeking innovative ways to scale their Amazon business. Each session is designed to give attendees insight into the most effective ways to problem-solve and implement proven strategies that are currently working on Amazon. Continue reading “SellerCon: Amazon Seller Conference 2019”
Instructed by Amazon Expert Shane Oglow, attendees will walk away from this course knowing MBS Tool layout and capabilities, the difference between the MBS Advertising Tool and the Seller Central Tool, how to improve use of keywords, and cut down on Ad waste.
Amazon Expert Shane Oglow
Prior to his success on Amazon, Shane Oglow found himself dissatisfied with his career in finance. Looking for a change of pace, he began selling on Amazon in 2013. His consistent and strategic effort brought him seven figure success within two years. He was invited to become a mentor for the students of Amazing Selling Machine and has since become an instructor. He continues to enjoy sharing his expertise to help thousands of Amazon sellers build successful businesses of their own.
Is this Amazon Seller Course for You?
This course is for anyone who has had difficulty understanding Amazon Pay Per Clicks and struggles to choose the best avenue to optimize advertising campaigns. In this course, Shane Oglow guides sellers on how to use the ManageByStats Advertising Tool on Amazon to boost your confidence, understand your data, and save time, and money. Continue reading “Grow Your Amazon Business by Learning Sponsored Ad Shortcuts”
With Amazing SellerPro, Amazon sellers get access to Amazing Updates, hosted by Shane Oglow. Amazing Updates provides a complete look into recent Amazon changes that may impact sellers, suggestions on which Amazing SellerPro courses can best help sellers stay ahead of their competition and maximize results, and an in-depth interview with an expert instructor. The up close and personal instructor interviews allow sellers to get to know the instructors on a deeper level, as they share the strategies that have led them to Amazon business success.
Amazon Update Expert
Oglow began selling on Amazon in late 2013 and has seen the company through numerous changes. By planning strategically and constantly monitoring Amazon’s evolving platform, he grew his business to over 7-figures in just two years.* Shane continues to expand and grow his business while serving as an Amazing Selling Machine mentor and instructor. He shares his expert tips with Amazing SellerPro members each month and has helped thousands of students grow their own Amazon businesses.Continue reading “Get the Latest Amazon Updates with Amazing SellerPro”