AMAZON PRODUCT HUNTING (Research) CRITERIA in USA Market
Amazon Introduction:
Amazon is a like shopping Market place where all daily use Product available in good price and good quality. People sit in home buy a any Product as their desire through Amazon platform.
Product hunting (Research) meaning:
Product Hunting is a technique in Amazon Platform where we found profitable Product against our keyword. In Product Hunting we found best and true Product against our keyword.
Amazon Product Hunting (Research) Rules,
Amazon product hunting (Research) Techniques:
1.Keyword Search Volume -5000 to ensure that enough people are searching this product).
2. Keyword must be in title of a minimum of 5 Sellers out of 10 (for Keyword validation that we are getting relevant search results to our Keyword).
3. There must be 3 Sellers in top 10 having reviews but (400) and Sales more than ($6000) (to ensure that low review products are also making good revenue so can be good opportunity for us as well as we are willing to rank ourselves in top 10).
4. Amazon must not be a seller quite 2 times in top 5 and 3 times in top 10 (amazon doesn’t has rules for himself. so If a distinct segment where amazon is leading should be avoided).
5. Price in top 10 must be Minjmum 10 and Maximum 30 (to ensure the enough profit margins, low priced products has mostly low profit margins).
6. There should be a minimum of 5 FBA Sellers in top 10 (to insure that there’s no logistics issue and other people do FBA easily.
7. There shouldn’t be 1000+ AVG reviews in top 10 (if there would be more than 2-3 Sellers in top 10 having more than 1000 reviews means niche is super competitive so we should not enter there).
8. Product Size and weight must be standard (Amazon FBA fee calculates on the idea of product type, Size and weight to lesser the product dimension and weight means lesser the FBA Fees.
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9. Amazon should not be dominant (Amazon should not be leading in the nicho, means should not be in top 10 in a way like only amazon is making a hugo revenue and rest are making very low).
10. No brand dominancy.