The Tools I Use To Find Profitable Products To Sell On Amazon & Shopify (FULL DEMO)

Brainstorming Profitable Products for Online Selling

In this section, the speaker introduces tools and techniques to brainstorm profitable products for online selling, emphasizing the importance of research and utilizing specific tools like Jungle Scout.

Introduction to Jungle Scout Opportunity Finder

• The speaker introduces the Jungle Scout Opportunity Finder as a valuable tool for product research.

• Demonstrates how to access the tool through a link on their website, offering a 30% discount on all Jungle Scout tools.

Understanding Jungle Scout Chrome App

• Explains that Jungle Scout consists of two main tools, with the first being the Chrome app.

• Highlights how the Chrome app provides insights into product profitability on Amazon by analyzing sales data, reviews, and sales velocity.

Utilizing Jungle Scout Opportunity Finder

• Introduces the Opportunity Finder tool within Jungle Scout for easier brainstorming of profitable products.

• Demonstrates setting criteria such as price range, search volume, units sold per month, and competition level to generate product ideas.

Product Research and Analysis

This section delves into using Jungle Scout's tools for product research and analysis to identify potential profitable products for online selling.

Identifying Profitable Products

• Emphasizes that Opportunity Finder can reveal unexpected profitable products not initially considered.

• Advises against selling trademarked or copyrighted items while exploring unique product opportunities like Japanese calendars.

Analyzing Niche Potential

• Discusses steps in analyzing niche potential including revenue distribution among sellers, review count, and revenue benchmarks.

Opportunity Validation and Product Research

In this section, the speaker discusses how to validate a niche opportunity and conduct product research effectively.

Validating Niche Opportunity

• High demand with low competition indicated by the opportunity score in the top right corner.

• If numbers don't align, continue researching for another product to sell.

Product Research Techniques

• Search "Japanese calendars" on Google to assess other Shopify stores' success selling these products.

• Utilize Shop Hunter.io to determine sales data of specific Shopify stores like coomi, which sells Japanese calendars.

• Shop Hunter reveals that coomi shop generates approximately $378 per day from calendar sales, aiding in decision-making on product viability.

Advantages and Disadvantages of Using Tools for Product Research

This part delves into the benefits and drawbacks of employing tools like Jungle Scout and Shop Hunter for product research.

Benefits of Tool Usage

• Easily identify potential products using Jungle Scout without extensive creativity.

• Analyze sales data through Shop Hunter to evaluate profitability quickly.

Considerations for Niche Selection

• Choose a niche where you possess an inherent advantage over competitors.

• Example: Having relatives in Japan can provide sourcing advantages for selling Japanese calendars.

Personalized Approach in Product Selection

The speaker emphasizes the significance of personal advantages in selecting products for sale.

Leveraging Personal Assets

• Story: A chiropractor found success selling back pillows due to his profession's credibility and client base.

Course Promotion and Support Offerings

Details about an online course offering guidance on various aspects of e-commerce business.

Course Features

• Comprehensive course covering finding, sourcing, and selling products online, along with establishing a brand presence.

• Interactive sessions including live weekly office hours for real-time Q&A support.