With 43% of online retail sales in the United States in 2016 going through Amazon, there’s no doubt that it is one of the largest online retailers in the world. It’s not just buyers, but sellers too prefer Amazon. If you love reselling and are constantly looking for opportunities to find what’s hot and what’s not, read further:
• Scan the ‘Hot New Releases’ list:
The Hot New Releases section is often on the far right-hand side of the page telling users what’s hot in the market. Refer the list as often as you can to find products that are new, different, and likely to attract consumer interest. This way, you can stay ahead of your competition and scoop things before others. But remember, these are only ‘forecasts’ – so use discretion while shopping.
• Scan the ‘Frequently Bought Together’ list:
When Amazon makes product offers on their site, you can be sure that it’s going to work. Did you ever check the Best Sellers, Frequently Bought Together, or the Customers Who Bought This Item Also Bought list? Each of these lists gives invaluable insight into customer buying trends. The Frequently Bought Together list, for example, tells you how you can bundle your products so as to increase sales.
• Scan the Most Gifted list:
Amazon maintains a list of things that customers purchase as gifts. This is especially beneficial during the holidays, or for specific days of the year of Mother’s Day, Valentine’s Day, etc. You get to know what items sell when the most.
If you’re looking for a sophisticated tool to help you find the best selling products on Amazon, try Oaxray!