There is a lot of products eligible for sale in amazon. It’s when the range of choice is wide that confusion sets in. for that, you can expect to have a challenge trying to pick out the perfect product that you will be comfortable with. As usual, the focus will be to find a highly demanded, fast selling, competition less and profitable product. But the race won’t be that easy though. Even the most highly rated amazon sellers admit that they made mistakes here and there initially and most of their friends actually did give up along the way. You don’t have to keep repeating the same mistakes done by others. Instead, you can take the advantage and learn from them. In your amazon product research, watch out for these mistakes. It’s something I plead with you if at all you want to make money and have success.
Not going for uniqueness
People are tired of getting the same thing only with a different brand. You will agree with me that even you will prefer something that is out of the ordinary. It’s a trick that could make a difference if you use it right in your research. Most of the sellers will go for the same products and rename them. What they can’t change is the features and the benefits that come with the product. Some will use even the same picture for the product leaving the buyers no choice but to go with the price or quit altogether. You can also check the five secrets about that.
What are you getting into? What will be your share? If you are not clear of what to expect after the whole endeavor, you better quit. Chances are that you are taking your chances on a gamble. You can use the amazon asin search. Consider initial mathematics including all the expenses expected and the ultimate price to be earned after all the deductions. If you take amazon fees, delivery expense and other expenses, you are making a mistake that may come back to haunt you. Where do you plan to get the money to pay a truck for shipping after all?
Setting a lower quote
Still on price issues. Some new sellers have the mentality that setting lower prices will give them an upper hand. Well, that works, but only just. People are learned these days. They will have question marks when they compare your price with those of other sellers. And they will go away.
Going for the wrong niche
Are you in the right industry? Well, don’t get the answer to that when it’s too late. There will be no going back. If you make a mistake of going for an inactive niche, the results will be catastrophic and all you will have is regrets. Gauge the market first and know what is likely to sustain your business. Also you can read some crucial steps for keyword research.