Product Research
The Private Label business is one of the best ways to sell on Amazon. Its key benefit to E-commerce entrepreneurs is to create their own brand and brings high revenue. Ideally, the product should be profitable with high demand, have low price, low competition, and is not seasonal. Product hunting requires evaluating market trends, competitor analysis, finding the perfect niche, identification of customers’ needs, and future prospect analysis. It is very essential because it is the foundation of your business, it will help you in finding a winning product and it is the first step in building your online business on Amazon.
Winning Product Criteria
✔️ High in demand and very low competition
✔️ Lightweight product with less than 1lb - saves shipping cost
✔️ Simple, lightweight, small size - saves inventory and FBA fees
✔️ Profitable product with a profit margin of at least 30%
✔️ Sell 2-3 times of its cost
✔️ Sells at least 10 items per day or more
✔️ Express Air Shipping
✔️ Under 200 reviews
✔️ No patents and trademark issues
Product Research Tools
Winning Products
1.Sport & Outdoor
"snatch me up bandage wrap" or "bandage wrap waist shaper"
ASIN#: B09D17YWPC Estimate Monthly Revenue: $ 187,726.09 /month
Package Dimensions: 2.56 X 7.68 X 8.86 inches I Unit weight: 0.93 pounds
Review Rating: 2. I Review Count: 125 as of September 30,2021 I Sales: 9,391
FBA Fees: $4.65 I Monthly Storage Cost per unit: $0.18
Estimate Search Volume: 108,000+/month
Market Research:
Waist training uses cinchers or waist trainers to reduce the natural waist size and accentuate your curves. It's no surprise that waist training is in demand, celebrities like Kim Kardashian and Jessica Alba are wearing it.
X-Ray Result
Est. Search Volume: 108,349
Competing Products: Less than 1000
Remarks:
Low competition
VIRAL LAUNCH RESULT
Product Idea Score: 5 star
Product has potential in the market
Jungle Scout
The sales graph is increasing each day. This means this type of product is high in demand.
TRENDS
Customer Feedback on this item / ASIN
Remarks: This type of item can be customized and can be improved.
Profit and Loss Calculations