Researching: Qualitative Research of Market Segmentation for Possible Profitable Products on Amazon! - Mamun Khan

 Not only from the once determination of the ability to run an eCommerce Business but also building a goal vision wondering and achieving as planned, 'Researching' is the most important part of every strategy of the business plan. Here you can understand the hidden treasure, the risk factors, the entire life circle of the planning of launching a new product on your existed store or a new startup for a new product for a platform (Shopify, Magento) or a marketplace (Amazon, eBay, Etsy) market segmentation.

Market Intelligence's first choice is ' Jungle Scout Pro' for conducting market research and analytics choose Merchantword also, FBA and Amazon Fee's Calculator!

The best fit niche should be productive and such an example, take a look:

Product Requirements:

• Average product sale price between $10-$75
• Lightweight (preferably under 2-3 pounds)
• Within the top 5,000 ranking from the Main Category.
• No Brand names within product's Category or Criteria/Niche
• Should be a simple enough product with the minimum durability, flexibility, responsive, weightless, and no expiration date!
• Reviews should be under 200 even less, and a searching eye for taking those under 50 reviews, that average under 3.5 rating if possible!
• Product can be made for 25% or less of sale price (Quick Check)
• Enough room for optimizations and improvements (based on the understanding of Amazon A9)
• Top 3 keywords should have over 100,000 monthly searches in the Merchant works
• The products that can be frequently sourced from the China Manufacturers and importable friendly along with the Labeling and Packaging advantage for Amazon FBA as a great part of market research!
• If possible, the seller could be in the Year-Rounded rather than Seasonal
• Similar items are also selling on the eBay or other enriched US marketplaces
• Looking for the opportunities to brand in yours
• Can make a superior product over similar products in the same Amazon Marketplace
• Product encourages recurring purchases