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Product research is one of the fundamental pillars for success in selling on Amazon. Without proper analysis, sellers may find themselves struggling in a saturated market or choosing products that won’t yield the expected return. Fortunately, a variety of tools are available to facilitate this process and maximise your chances of success 😉
In this article, I will explore the best product research tools for Amazon, their features, and how they can help you find the perfect products to sell.
Why is product research crucial on Amazon?
Product research is crucial because it allows you to identify profitable opportunities in the market. It helps you understand consumer trends, competition, and potential profit margins. By dedicating time to research, you can avoid failed investments and focus on products that genuinely have demand.
Moreover, Amazon is a highly competitive environment. With millions of products available, standing out can be a challenge. Using product research tools allows you to access analytical data that is essential for making informed decisions. This helps you optimise your listings and define more effective marketing strategies.
Types of product research tools for Amazon
There are several categories of product research tools, each designed to meet specific needs. Below, I will describe the most common types:
- Market Analysis Tools. These tools analyse demand and competition on Amazon, providing information on which products are performing well in the market. They allow you to see sales volume, trends, and the performance of competing products.
- Price Tracking Tools. Price tracking is essential for maintaining your profit margins. These tools allow you to monitor changes in prices of competing products, helping you adjust your prices accordingly.
- Keyword Tools. Keyword tools are fundamental for optimising your listings and ensuring that your products are easily found by consumers. These tools help you identify the most relevant keywords to include in your product descriptions and titles.
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The best product research tools for Amazon
Below is a selection of the best product research tools for Amazon, along with their features and advantages.
1. Jungle Scout
Jungle Scout is one of the most popular tools in the realm of product research. It provides access to data on sales, trends, and revenue estimates.
Advantages: Its user interface is easy to navigate, and it boasts an extensive database of products. Additionally, it includes tracking tools that allow you to monitor the performance of your products over time.
2. Helium 10
Helium 10 is a comprehensive suite of tools for Amazon sellers. It offers functions for product research, keyword analysis, and competitor tracking.
Advantages: This tool is very comprehensive, making it ideal for those looking to optimise every aspect of their Amazon business. Furthermore, its “Cerebro” function allows for effective keyword searches, which can significantly increase your visibility on the platform.
3. AMZScout
AMZScout offers product analysis and a browser extension that facilitates the search for profitable products directly from Amazon.
Advantages: Its profit calculator is particularly useful for evaluating the income potential of different products. It also features a price history tool that helps sellers understand market fluctuations.
4. Viral Launch
Viral Launch focuses on product launches but also provides market research and analysis tools.
Advantages: In addition to product research, Viral Launch includes launch strategies that can help you generate sales quickly and improve the visibility of your products on Amazon.
5. Keepa
Keepa is a tool that focuses on price tracking and the price history of products on Amazon.
Advantages: Its ability to show the price history over time allows you to make informed decisions about when to launch or adjust your prices. This is crucial for maximising your profit margins.
Comparison of product research tools
Below is a comparative summary of the mentioned tools:
Tool | Product Analysis | Price Tracking | Keyword Analysis | User-Friendly Interface |
---|---|---|---|---|
Jungle Scout | Yes | Yes | Yes | Yes |
Helium 10 | Yes | No | Yes | Yes |
AMZScout | Yes | Yes | No | Yes |
Viral Launch | Yes | No | No | Yes |
Keepa | No | Yes | No | Yes |
Tips for choosing the best product research tool for Amazon
When selecting the right tool for product research, consider the following:
- Budget: Some tools are more expensive than others. Evaluate your budget and consider whether the investment is worthwhile based on your goals.
- Features: Ensure the tool offers the features you need for your business. Not all tools are suitable for every seller.
- Ease of use: The interface should be intuitive. A complex tool can quickly become discouraging.
- Reviews and trials: Check the reviews of other users, and if possible, take advantage of free trials to assess whether the tool meets your expectations.
Product research is a key element for success on Amazon. The right tools not only save you time but also increase your chances of finding profitable products that sell well. From Jungle Scout and Helium 10 to AMZScout and Keepa, each tool has its strengths and unique features that can cater to different needs.
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10 tips for searching and finding the best products on Amazon
Here are expert tips for searching and finding the best products on Amazon:
- Analyze market demand. Before diving into selling a product, ensure there is solid demand. Use tools like Jungle Scout, Helium 10, or AMZScout to study sales trends and search volume. Analyse products with a positive sales history that are popular among consumers.
- Review the competition. Understanding your competitors is crucial. Examine how many reviews their products have, their positioning, and their marketing strategies. Tools like Keepa can help you track prices and market changes. If the market is saturated, look for a niche or variation of the product that allows you to stand out.
- Utilise effective Keywords. Research the keywords consumers use to search for similar products. Tools like Keyword Tool or the keyword feature in Helium 10 can be extremely helpful. Ensure you include these keywords in your title, description, and bullet points in your listing.
- Evaluate profit potential. Make sure to calculate the total cost of selling a product, including purchase price, Amazon fees, shipping, and other associated expenses. Use profit calculators from tools like AMZScout to ensure you can achieve a sufficient profit margin.
- Consider seasonal trends. Some products may sell better during certain times of the year. For instance, gardening items may be more popular in spring and summer, while holiday gifts increase in November and December. Use tools like Google Trends to identify these seasonal fluctuations.
- Leverage product reviews. Reviews can provide valuable insights into what customers like or dislike about similar products. Review comments to identify possible improvements or features your products should have. This can help you develop a product that meets consumer needs.
- Product differentiation. Look for ways to differentiate yourself from the competition. This can include improvements in design, better packaging, or the inclusion of unique features that solve specific customer problems. Offering something different can attract more customers and increase sales.
- Explore profitable niches. Sometimes niche products can be more profitable than mass-market products. Research less saturated categories where there is less competition and a steady demand. Examples include hobby-specific products, eco-friendly solutions, or personalised items.
- Conduct product testing. Don’t be afraid to test several products. Start with a small batch and evaluate the market response. This will allow you to gather real data on your products' performance before making larger investments.
- Consider logistics and storage. Think about how you will manage the storage and shipping of your products. If you choose Amazon FBA (Fulfilment by Amazon), ensure your products meet their requirements and standards. This will not only save you time but also ensure that your customers receive their products promptly.
Investing in the right research tools can make the difference between an average business and a successful one on Amazon. Use this guide to find the tool that best fits your requirements and take your business to the next level.
If you have any experiences with these tools or need assistance in finding the right one for your business, feel free to contact me. As an Amazon expert, I am here to help you achieve your goals and optimise your success in this competitive marketplace.
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About the author
Jordi Ordonez
I work as an independent eCommerce and Amazon consultant.
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Estrella Damm, Intersport, Bella Aurora, Lladró, Textura Interiors, Nice Things Palomas, Castañer, Due-Home and many other clients.
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