In a recent YouTube video, Bob Schneck - ALGO Amazon Business Expert, shared his 6 steps for how to analyze a product to sell on Amazon.
1. Can you sell it on Amazon or is the product restricted
2. Determine how much the products sells by looking at the Best Seller Rank (BSR) in Jungle Scout
3. How many competitors are competing for the Buy Box
4. Look at historical price and volume data using Keepa
5. Calculate ROI using Amazon revenue calculator
6. If it looks good, place your order with your supplier and have them ship it to Amazon's FBA warehouses!
Click here to watch: 6 Steps For How To Analyze A Product To Sell on Amazon
It's really that simple!
Want to learn exactly how to Start and Scale and Amazon business the right way?
Bob is hosting a FREE online workshop within the next 7 days!