How to Find Profitable Products to Sell on Amazon
Are you looking to make some extra cash by selling products on Amazon? In this article, we'll show you exactly how to find profitable products, what products to avoid, how to get ungated, and how to find products that no one else is looking for. We'll also give you some serious free information on the fastest way to start making sales as a beginner.
Step 1: Finding Discount Stores
The first step in finding profitable products to sell on Amazon is to visit discount stores. Look for any place where you can find potentially cheap items to sell on Amazon. Use the Seller Amp app to scan barcodes and check prices. Look for bigger name brands and check out beauty products.
Step 2: Scanning for Profitable Items
When scanning items, look for products that sell for double what they're selling for in-store. For example, if an item is selling for $8 in-store, look for it to sell for $16 or more on Amazon. Look for items that sell over 100 times a month and have a good ROI.
Step 3: Avoiding Certain Products
Avoid products that are likely to melt or have a high return rate, such as electronic items. Stick to selling groceries, which are profitable and have a low return rate. Look for multi-packs of items, such as two-packs, four-packs, or five-packs, which can be more profitable than selling individual items.
Step 4: Selling Big Name Brands
To sell big name brand products, buy them profitably in-store and then find more profitable items on a website or at break-even pricing. Submit an invoice with your address on it to sell the items you find in-store.
Step 5: Selling Seasonal Items
Sell seasonal items, such as toys during the holiday season. Look for popular trends and IP that lines up with big popular movies.
Step 6: Listing Your Items
List your items via Merchant fulfillment on Amazon. Set up zero-day handling time and set your price at the buy box price.
By following these steps, you can find profitable products to sell on Amazon and start making sales as a beginner.
Pros and Cons
Pros:
- Can make extra cash by selling products on Amazon
- Discount stores offer potentially cheap items to sell
- Groceries are profitable and have a low return rate
- Selling seasonal items can be very profitable
Cons:
- Scanning items in-store can be time-consuming
- Some products, such as electronic items, have a high return rate
- Selling big name brand products requires submitting an invoice with your address on it
FAQ
Q: What is the fastest way to start making sales as a beginner on Amazon?
A: List your items via Merchant fulfillment on Amazon, set up zero-day handling time, and set your price at the buy box price.
Q: What products should I avoid selling on Amazon?
A: Avoid products that are likely to melt or have a high return rate, such as electronic items.
Q: How can I sell big name brand products on Amazon?
A: Buy them profitably in-store and then find more profitable items on a website or at break-even pricing. Submit an invoice with your address on it to sell the items you find in-store.
Q: What are some profitable seasonal items to sell on Amazon?
A: Toys during the holiday season can be very profitable. Look for popular trends and IP that lines up with big popular movies.
Resources
- Seller Amp app: https://selleramp.com/
