How to sell on Amazon in 2019 ( FBA Private Label ) - AMZ One Step
12 . Price : Product popularity and the demand often leads to an increment in the price . This is a common behavior observed in business , and breaking the norm sometimes feels like a fun thing to do . If you see someone selling a low-cost product at sky high prices , you can provide a fresh breath of air by sourcing the same product for a decent price . This way , you ’ ll easily cut through competition as customers will be more attracted towards a pocket-friendly product providing the same experience against the costly one .
13 . Price Consistency : Disparate prices for the same product can get suspicious . To play safe , you should find out the reason behind it . Inconsistency in the pricing can be result of either product availability or price war . Either way , the variation in price should not be overlooked and inspected to avoid future problems .
14 . Best Sellers Rank : Knowing your competitors in the field of business is just as important as knowing yourself . The best way to check the behavioral pattern of your competitors is to check their BSR ( Best Sellers Rank ) of the past year . Since it keeps track of every item sold on the marketplace , it poses as a great help for new sellers to strategize and act accordingly .
15 . Number of Sellers under Listing : Foreign threats should never be overlooked in the online marketplace . Double check the number of sellers selling under the same listing . If you see more than one , then there ’ s a high chance of getting hijackers on your listing . But that shouldn ’ t deter you from making your Amazon business come to life . Instead , you should take necessary precautions to minimise the probability of it happening .
16 . Seasonal : To find out whether a product is seasonal is also important , as it might be extremely popular and sell really well , until it runs out of fashion . Using tools like keepa or camelcamelcamel , you can check the BSR trends of that product .
17 . Patents : Many sellers overlook the paramount necessity of looking out for patented products . For security purposes , it is advisable to hire someone or even look up online to find out if a particular product is patented or not . Neglecting can get you in serious trouble , if you ever violate its rights .
18 . Hazmat : Products with hazardous nature or ingredients must be handled with appropriately . If lots of listings are sold by merchant fulfilled sellers , then you should consider looking at the Hazmat eligibility of that product .
19 . Restrictions : Amazon has certain rules and regulations when it comes to online business for resellers . It has a few products listed under the restricted category , and those products cannot be sold by resellers . Therefore , it is important to check for such limitations .
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