How Your Sourcing Model Can Impact And Inform What You Sell
There are a variety of ways to source your inventory. Here are five of the most common:
As you can see, the types of products you sell would differ depending on the sourcing method you choose. For example, with retail or online arbitrage, you would need to be more flexible about what you sell, since youre dependent on the items they decide to markdown. Conversely, youd have more control over what you sell by choosing one of the other methods.
Always Check For Warehouse Deals
Ever wonder what Amazon does with all the stuff that gets returned to them?
Answer: They sell it in the Amazon Warehouse at a greatly reduced price.
If youre not familiar with , theyre items that they classify as pre-owned, used or open box specials and the savings are BIG.
All items come with the same Amazon guarantee and go through a multi-point inspection process before being offered for sale.
Savings on these items are in the 40-60% off range.
Top product categories include computers, kitchen, home improvement, vacuums, cameras, video games, and unlocked cellphones.
Reverse Engineer Top Industry Amazon Affiliate Publishers
To focus your efforts on products that are likely to sell, try to uncover where the major players are pushing traffic to on Amazon. After all, they have massive marketing and analytics teams in place to avoid wasting time on products that dont sell. Take advantage of their research!
Step by step guide to finding proven products:
In the screenshot above, youll see that I used Ahrefs to identify the Amazon pages that MensHealth.com is sending their viewers to. They almost certainly earn a commission on Amazon sales they generate. So, with all of their industry expertise, theyre sending customers to the Best Earphones for Working Out.
And those items are around $180 meaning theres a nice chunk of change to generate an affiliate commission at the end of the sale. Use clues like this to jump inside the head of major players in your space.
Youll also want to consider if what times of years an item sells best. Is it seasonal? You might want to avoid investing a ton of time into something that only sells well for a few months a year. Or, maybe youll decide that the crazy volume is worth the months of famine.
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How To Find The Best Deals On Amazon
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When you shop, you mostly want to save on items you want to buy. If you shop on Amazon, you can actually save money by hunting through their daily deals and temporary savings. If you know where to look, these deals can be found on the Amazon website or through the Amazon Shopping app.
Donald Trump Chia Pet
No matter which side you lean politically, having a ceramic plant vase in the shape of the former presidents head is definitely on the weird side. And we hate to admit it, but its also pretty entertaining. The bushy greenery that doubles as a full head of hair is sure to make both his most ardent haters and supporters chuckle.
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Utterly Uniqueand Completely Bizarre
Amazon is our go-to site for almost everything. Between products we use every day and the perfect gifts for everyone on our list, how could it not be? We can also easily find products with nearly perfect reviews and a plethora of items for less than $1as well as ogle the and giggle at some seriously funny reviews. Its smart shopping and entertainment all in one! But our favorite online retailer doesnt just carry normal and useful items it also carries some super strange ones. And these items not only existpeople actually buy them! After all, as they say, one persons trash is anothers treasure.
From a personalized potato and a yodeling pickle to a zen kitty litter box, heres what you can find. Scroll through for a laugh or perhaps the very thing youve been looking for all along. To score these items for the best prices, make sure to check out .
Be Careful Of Amazon’s Redirecting Trick
Another thing to keep an eye on — make sure you always go back to the Amazon Warehouse Deals splash page before starting a different search. Otherwise, if you just search for another item from the search bar at the top of the page, Amazon might bounce you out of Warehouse Deals and into the full site.
Same goes for “recent searches.” If you searched for, say, “bunny slippers” across all of Amazon, then went to Warehouse Deals and searched for “banana slippers,” then decided you definitely want bunnies over bananas, don’t select “bunny slippers” from the drop-down menu that appears when you select the search bar. Those recent searches will search not just the same terms but the same Amazon sections as the original search. In other words, it’ll yank you out of Warehouse Deals and back to the land of full-price slippers. Instead, type the search in again on the Amazon Warehouse Deals main page.
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Use Watchcount To See What Ebay Products Sell
Another way to pinpoint the is to research whats selling on eBay. You can do this by using WatchCount.com to see hot sellers on eBay.
On WatchCount.com you can see the most popular eBay items at any time as the site operates in real-time. WatchCount.com reports the results produced by eBay that tracks votes by users when they add an item to their watch list.
WatchCount.com details the number of watchers and includes rankings as well as unique search capabilities.
Grab More Discounts At Amazon’s Special Voucher Page
A clever bit of retail spin, this. Amazon’s voucher page* lists scores of discount vouchers for specific products, which you click on to collect . Sign in to your account to see all available vouchers, as some are specifically targeted at different users.
When we checked, many of these ‘vouchers’ were similar to its bog-standard online discounts, for example, 5% off a wicker pet basket or 10% off a doormat.
Yet dig through the list and some deals are quite decent. For example, in the past it had a 74-pack of Finish All-in-One Max Dishwasher Tablets for £5 when you used Subscribe & Save. The next cheapest was Morrisons, on offer at £10. You can sort by ‘Discount Percentage’ to see the biggest discounts first.
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Ways To Figure Out What To Sell On Amazon
But the wide assortment of products available on Amazon likely makes you apprehensive. Amazon sells over 12 million products — which products in particular are most likely to provide you with a high ROI? Clothing? Kitchen items? Cat-shaped socks ?
Fortunately, choosing what to sell on Amazon, and how to sell it, isn’t as hard as you might think. In fact, most of your research can be done for free on the site itself.
To ensure you choose a low-risk, high-return product to sell on Amazon, we’ve created this guide — keep reading to learn about top selling items, what you should sell, and how to conduct research to ensure whatever you’re selling is a safe bet on the e-commerce giant.
Can You Get Money Back If An Item Drops In Price After You’ve Bought It
Amazon’s prices go up and down more than a yo-yo in 1998, so it’s possible to buy a product from its site and then notice the price drop within days.
While Amazon has no official policy on refunding the difference in price if this happens, some MoneySavers have reported success when contacting Amazon about price drops that occurred within seven days of purchase, including Keith who told us:
I bought an office chair for £118, then by chance on the very day it was delivered I noticed it was £98. I logged on to the online chat and politely asked about this. They immediately answered with a £20 credit to my card. Five minutes. £20 saved
We can’t guarantee you’ll have the same success, but if you notice an item dropping in price within a few days of buying it, it may be worth turning on the charm and getting in touch with to ask if it’ll refund the difference.
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Is Amazon Warehouse Legit And Safe To Shop From
To be extra safe, make sure to only make your purchase when your item is labeled “Fulfilled by Amazon.” You can see this on the far right of the page, under the price. “Knowing its fulfilled by Amazon, I know its legitimate and I can easily resolve any issues if they come up,” says Sachs. “I dont think Id feel safe if it was a third-party seller that I had to deal with separately if there was an issue.”
So the next time you find yourself on Amazon, it probably wouldn’t hurt to browse Amazon Warehouse and see what it has to offer. As for me, I’m pretty much convinced!
Why Amazon Warehouse Stuff Is So Cheap
Just like other major retailers such as Walmart or Target, Amazon takes in a lot of customer returns, which it can no longer sell as new-in-box, regardless of why the buyer sent the item back or whether it’s even been opened. That’s why everything Amazon Warehouse sells is listed as used, even if the product itself has never been touched. Regardless of its condition, used stuff is just worth less — sometimes a lot less. And that’s good for you.
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Search For Discounts On 1000s Of Overstocked Items In Amazon’s Little
It’s common for a retailer to have surplus stock of certain goods, especially following a shopping event such as Christmas and Amazon is no different in fact, it has thousands of overstocked items in its little-known Outlet*. You can bag some decent discounts here, up to 50% off from what we’ve seen , as they’re items Amazon is keen to shift.
The products on offer change regularly but can include electricals, books, home and kitchen items, baby products, toys, clothes and more. Here are some examples of products we spotted when we checked between July and September 2021:
Beer Pong Balls In Bulk
Why worry about losing your beer pong ball when you can easily buy 150 of them for only $13.99? Impress your friends with your endless supply of heavy-duty balls that can be shipped for free right to your door. Some reviewers also rave about using them as cat toys. For a more wholesome outdoor activity, try these family-friendly backyard games.
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Finding Products To Sell On Amazon: 6 Methods
Some Amazon sellers use just one sourcing method, like retail arbitrage or private labeling, but many grow by combining several profitable sourcing methods. So as you read through each method, dont feel that you have to choose just one.
Explore them all to see which best fits your online selling goals, whether thats just selling on Amazon or building a multichannel empire.
Find A Gap In The Market
You might come across a gap on Amazon through simple organic search — for instance, when I search “women leggings” there are over 100,000 results, but when I search “cycling leggings women pink” there are only 1,000.
This is a simplified example, but sometimes you need to narrow down your product search to find a place to make an impact on Amazon. Plenty of people are already selling leggings, but there might be a certain style, color, or type of legging that is missing on the site.
Alternatively, you can find a gap in the market by reading customer reviews in your product market niche. Even if there are plenty of products similar to yours already, you might find that customers are unsatisfied by the current brands and want something you can provide.
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Keep Your Eyes Peeled For Easily Missed Vouchers On Product Pages
When doing your general Amazon shopping, it’s worth taking a look to see if the product you’re after has a voucher available for it you can do this in the search results or on the item’s page. These are easily missed as they’re in a small font and quite hidden, plus you have to opt in.
If a voucher is available, you’ll see it underneath the price, eg, ‘Save 15% with voucher’ or ‘Apply £5 voucher’, and this will be accompanied by a tick box which you’ll need to select to have the discount automatically applied at the checkout you won’t get it unless you tick the box.
Use An Amazon Price Tracker
Wouldnt it be cool if you could track the price of items you want to buy on Amazon and only buy when its at a historically low price?
Wellyou can and its actually really easy.
You can either use my favorite site CamelCamelCamel.com and track the price of items on Amazon, or you can use the browser extension.
Works like this: You set your desired price then get notified when the price reaches your goal.
Similarly, when you download the browser extension you can check if the current price is a good deal or not by using historical price data.
Lets face it, Amazon changes the price ALL THE TIME so by using a price tracker you can outsmart the retail giant every time you shop.
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Do Amazon Coupons Expire
Sadly, yes. Amazon writes on its site that “coupons are valid for a limited time only.” However, unlike traditional coupons which have an expiration date printed on them, these digital coupons currently do not appear to provide an exact expiration date. Instead, when a coupon nears its expiration, it will be placed into a section called “Expiring Soon.” This section will appear at the top of your . Shop now before it’s too late for some of your favorite homewares right in time for the holidays. So long papercuts!
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Power Browse Amazon Listings With A Chrome Extension
Another way to choose a hot selling product is to power browse Amazon listings by using a Google Chrome extension.
There are quite a few Google Chrome extensions that Amazon sellers use to research products and determine how well these products will sell on Amazon. Some of the top Chrome extensions include the following:
- AMZ Base
When you use any of the Chrome extensions listed above, you can browse Amazon listings quickly and fully, determining what products should be on your sellers list. In addition to zoning in on the best sellers, you can compare product prices, mull over sales estimates, dive into revenue projections, and consider keyword insights.
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Have Your Own Website Or Blog Tap Into Free Cash With Amazon Associates
If you’ve a blog or website, set up a free account with , a scheme where you earn Amazon vouchers or cash for linking to the site. Just follow the steps to add links and banners to your website. When someone clicks on Amazon from your site and makes a transaction, it’s recorded and you’re paid different rates of commission depending what products you sell and what categories they’re in.
How Do Beginners Sell On Amazon
Once you know what products youre going to , youll have to set up an account to get started offering your items through the Amazon marketplace.
Setting up an Amazn seller account is easy. You just have to follow four simple steps:
The difficult part isnt signing up to sell on Amazon. The tedious part is doing the product research and choosing the product that has the highest likelihood of being successful for you as you sell on Amazon.
When you sign up to sell on Amazon, youll have access to plenty of seller tools to help you along the way.
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Amazon Tips And Tricks: Best Shopping Hacks To Know
– Everyone shops on Amazon. But not everyone actually digs around and has a play with all the site’s hidden features and tools.
From a showroom that lets you virtually mix and match the furniture you want to buy, to digital coupons you can clip, there are loads of secret tips and tricks we’ve found that could save you money and totally change how you use Amazon.