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What to Sell on Amazon?

posted on 2020 Feb 6 Thu 11:01

 

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There are over 244 million active users on Amazon, which makes it one of the best places to sell and earn high profits. However, in every marketplace, you have to understand the products that sell more and the ones that don't.

Quite often, most people after signing up, they just enter any niche without proper product research. It is not even about what you love to sell. It has more to do with whether the product is right to sell on Amazon or not. Some other factors should also be considered before choosing what to sell on Amazon. 

Things to consider before choosing what to sell on Amazon

First of all, what methods are using to sell products on Amazon? We have wholesale and retail arbitrage.

  • Wholesale trade - is when you buy in bulk at a cheaper rate and sell higher on Amazon. The disadvantage of this method is that it is possible that the product you purchased doesn't sell and becomes outdated. If you are going to use this, ensure to buy products that can last for a fairly long such as books.
  • Retail arbitrage - involves buying from one place and reselling on Amazon. This can be based on demand. You have not actually purchased the products, but you have included in your product listing. This has more to do with drop shipping. Your purchase is dependent on demand. The disadvantage of this method is that you don't have control over the time factor. What if your vendor delivers late or doesn't even deliver at all? This can earn you a bad review on Amazon.

Another essential factor to consider is your method of managing your order. We also have two ways: Fulfilled by Merchant (FBM) and Fulfilled by Amazon (FBA).

*       Fulfilled by Merchant (FBM) - this method involves managing your orders yourself. You will have to look for your own resources for packing, shipping, and delivery. This is great when you have the time and resources at your reach. Not so great when you don't.

*       Fulfilled by Amazon (FBA) - this method involves using Amazon services to manage your order, which includes the packing, shipping, and delivery. This is easier, but it will cost some extra charges.

Before getting your products, you need to understand which of these methods you are using, calculating your gain on each product. After doing this, you will definitely know whether the product is suitable for you or not. In this article, we will learn about the best items to sell on amazon.

Top Selling Niches on Amazon

What can you sell on Amazon? To answer this question, you have to understand that Amazon develops a list of top-selling amazon niches per hour. Here, you will see the best selling products per niche on Amazon. Let's quickly take a lot at them.

  • Toys and games

It is not a surprise that toys and games for children are among the best selling products on Amazon. People always feel the need to purchase toys and games for them to play with.

  • Video games

Video games remain a niche well engaged by mostly teenagers. Out of the active users on Amazon, teenagers cart out a significant percentage. That's one of the reasons, while this niche is one of the best selling on Amazon.

  • Camera & Photo

Also, cameras and camera accessories top the list of amazon niches. Everyone loves a great adventure, and cameras can help make it a memory.

  • Electronics

Gadgets are updated continuously, and people keep buying. This tells us the level of dependence we have on them.

Finding the best products to sell on Amazon

Don’t get me wrong! I never said these niches mentioned above contains the best kind of products to sell on Amazon. As a matter of fact, most times, it might not be a great idea. These niches are usually competitive, with a lot of sellers trying to sell similar products. There over 40 niches on Amazon from which you can select.

Search for products through various markets. Your best bet is a market place that sells quality products at a cheaper rate. Think about solving a problem and then go ahead to solve it. There are no dominant products on Amazon; it only depends on how much you are ready to work.

Do’s and Dont's

If you are thinking of selling products on amazon, these few tips can help guide you to success.

  •  It is a must to sell common products. Quite often people believe that when you sell popular products, you will gain a lot of customers. It not entirely true because selling common equals competition, and when a niche is too competitive, it can affect your profit. Most times, to sell, you may have to lower your price.
  • There is no dominant brand. Every product has a tendency to sell.
  • Select products with incredible best seller rank. This tells us the performance of the product on amazon.
  • Go for products with bad reviews. When you select a product with a bad review, you are trying to solve a problem. People will like to try yours out after others have failed them.
  • Make use of Amazon keyword tools to search for products with the highest keyword search. 

Conclusion

Understand what to sell in every marketplace is as important as starting the business itself. I hope this article enlightened on how to find the best product to sell on Amazon.


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