The document provides steps for conducting automatic product research:
1. Set criteria for products including ROI, net margin, number of offers/sellers, and sales history. Use tools like Scan Unlimited and Azinsight to filter products that meet the criteria.
2. Analyze products that pass the criteria filter using Azinsight to calculate profitability and Keepa to check pricing history and sales performance.
3. Finalize the product research by importing qualified products into a spreadsheet for review with suppliers to check availability. The goal is to find profitable products that meet all criteria for private labeling and selling on Amazon.
2. The “Apple” name an
AUTOMATIC PRODUCT RESEARCH
-here are few things to consider before conducting a research
• Set your criteria depending on your distributor
• Find a distributor (*a good relationship with your supplier allows both parties
to benefit from reductions in costs and risk.)
• Choose a software /tools to help you scan multiple products easily
3. Tools that I use for Product Research:
is a product sourcing software, Quickly
scans wholesale product lists to find
profitable, fast-selling products on
Amazon.
is a Chrome-based Amazon product
research tool with a profit calculator,
sales estimation, product hazmat and
restriction checker, and branded
product avoidance.
is a tool that is best known for tracking
the history of every Amazon item's price
and sales rank
4. My Criteria for distributor X
• ROI 30%>
• Net Margin 20%>
• Offers/Sellers 15<
• Selling Price $9.99>
• Est. Sales 100>
• Amazon should NEVER be in the buy
box
• Price is stable in Keepa
5. • Rename your file once uploaded
to be organized
• Load or create your filter
depending on your criteria.
• Arrange categories according to
your preference
STEP 1: "Load your Spreadsheet
(* Price Catalog in excel file
provided by your distributor)
6. • under package quantity input
how many packs the item comes
with hover over the title.
• once determined Scan
Unlimited will let you know if the
product is qualified based on
your criteria
STEP 2: Comparison & Analysis
7. • From Scan unlimited click on the ASIN to be
redirected to the Amazon page
• On the red box input the cost of item from Scan
unlimited
• Azinsight will calculate if the item's profitability
Step 3: Analysis using Azinsight
8. • Aside from the criteria its also crucial to check on keepa to know
the product's performance for the past few months if possible
its recommended to back track at least 3-12 months
• A pink/ orange straight line is a good sign meaning that the
pricing of the product is consistent
• the uneven green line is also a good sign meaning the product
makes sales
• and AMAZON is not in the buy box
Step 4: KEEPA Analysis
9. • Once done , from Scan Unlimited you can import
the product to a new folder or transfer data into
spreadsheet for proper collation.
• And consult your supplier or distributor for the
products availability
STEP 5:
FINALIZATION
10. SUMMARY:
WE HAVE NOW FOUND A WINNING PRODUCT!
• The product met the criteria
• KEEPA analysis PASSED
• No HAZMAT
• Product is Profitable based on
AZinsight calculation