![]() ![]() I benefitted from their experiences and this saved me valuable time and from making mistakes. When I started my Amazon business I was very lucky in the fact that I had friends around me that also sold on Amazon. You also might want to check out Stephen Smotherman’s video below which is a great Keepa tutorial for one of Amazon’s top sellers.This is a post by Amazon FBA seller, Devan Jordan Now not every product will be a hit, but you at least have a framework to work from when sourcing items online. I did a quick search and found the following (that fell within my sales rank range). Since it was a multi-pack, I wanted to see what other selling options (packs and single) are out there. This is the next step I took after seeing the product. People can find the same deals that you do, but very few go the extra step. Step 5: This is the step that will make a difference in the long run. The example product nails number #4 as it bounces, but never goes below my acceptable range for sales rank. If 4 is true, the item is headed for my shopping cart (after I look at the ROI through my FBA calculator extension). ![]() The item’s sales rank is artificially low due to the drop in price and will not sustain once it gets back to the higher price. If 1-3 are true, I tend to shy away from the product. Good performing sales ranks with multiple hills and valleys within my sales rank range. A fast spike to a high sales rank when the product is on sale.Ĥ. ![]() Sharp drops in sales rank when a product goes back to the original price.Ģ. When I head to CamelCamelCamel, I am looking for:ġ. This is going to give me a good idea of the demand side of the equation (price drops are great, but you need someone to buy the product at a higher price to make money). Step 4: Now I am going to head to CamelCamelCamel to take a look at the sales rank history. I don’t want to sell a product where the listing is all messed up.įor this product, I see that the sales rank falls within my range and the listing looks pretty good. A complete product listing – The product needs to have a photo and be in the right category. The lower the number, the better (you can still make money with a lot of sellers, but you face competition).Ĥ. Other sellers – I want to see how many other sellers are on the listing. We will take a look at it in more detail, but we need to take a quick look to make sure it is a product that is selling.ģ. The sales rank – I am looking for the product to be under 150,000 (my business model). This means you can order the product, but you won’t get charged until it ships.Ģ. A suppressed Buy Box – A price on the right-hand side that is lower than the one in the middle (typically in stock by Amazon). Step 3: As soon as I get to the product page, I am looking for the following things to tell me it might be a good find:ġ. It was an immediate sign to look even further. This product had a very stable price and then there was a sudden price cut. Any signs that point to Amazon experimenting with pricing (stairstep, skyscrapers, extended periods at a lower price). Signs that Amazon runs out of the product frequently.ģ. A constant price history with a sudden drop.Ģ. Step 2: Next I take a look at the chart that Keepa provides once I click on the item.ġ. Those things peaked my curiosity and I decided to take a deeper look. Large percentage drops on higher-priced items.Īs an example, I saw this product on Keepa a few minutes ago and it caught my eye due to the percentage price drop and multi-pack side of things. Once I find a product that catches my eye, I go ahead and click on it to take a further look.ġ. When I get to the site, I want to look at the percentage price drop (not the actual dollar amount at first). Step 1: I head to Keepa to search through their daily and weekly price drops. This post is designed to show the steps I go through to find a deal through Keepa and how I take it to the next level by thinking outside of the box. Guest blog post by Chris Wilkey from FBA Master ![]()
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