It is important to note that choosing the right product is of utmost importance, especially with regards to selling on Amazon. Sellers often lack the accuracy with their tools, resulting in the severe mismanagement of their time with niche products that are either low in demand or have extremely high levels of competition with no reasonable hope of profit. The good news is that research tools are able to assist with most product research tasks. Particular attention is placed on sales horizons and competition, demand, profit margins as other features offered by this software to assist sellers big or small in making smarter business choices. Tools employed in this piece concentrate on the most effective ones when it comes to Amazon and their benefits when it comes to researching a product someone wishes to sell or even buy.
Why You Should Make Use of Research Products Tools?
Competition on Amazon’s marketplace is fierce especially due to the fact that if any seller launches a product without performing adequate research, it can result in failure. Product research tools help sellers by: identifying profitable and trending products, analyzing competition, estimating sales for current and future products, identifying highly competitive markets, and lowering chances for failure. With well researched tools, sellers can improve the business strategies and revenue of their businesses.
What Are The Most Effective Tools When It Comes To Product Research On Amazon
- Helium 10
Helium 10 is an all-in-one software suite that is becoming increasingly popular among Amazon sellers as it provides everything required for a seller’s simplest needs. The most important and widely used features are: Black Box – Tracks low competition products that are in high demand.
Xray – A Chrome extension that shows sales data in real time.
Trendster – Researches seasonality patterns.
Cerebro – A popular reverse ASIN tools for keyword retrieval.
Magnet – Builds keywords lists from larger databases with specific parameters.
Both beginner and advanced sellers will benefit from the extensive research options provided by Helium 10.
- Jungle Scout
Jungle Scout is another robust offering on the market, this one is directed towards amazon sellers. It offers support in tracking:
Product Database – Helps sift through millions of Amazon products and zero in on the ones that meet your preferences.
Opportunity Finder – Reveals profitable niches.
Supplier Database – Provides access to trustworthy manufacturers.
Sales Estimator – Offers estimation for potential products sales numbers.
Jungle Scout is designed for beginners and offers great value to new sellers.
- AMZScout
AMZScout is aimed at sellers looking to get profit products and offers a very limited set of supporting research features. Its features include:
Amazon ProductDatabase: Sets product filters that are based on revenues, reviews per item, and how many people want to buy it.
Pro Extension: Displays real sales movement information.
KeywordSearch: Lets you know which keywords are easy to rank.
FBA Fee Calculator: Helps sellers figure out what are the costs they should expect when selling so that profits can be calculated with accuracy.
AMZScout would be ideal for users requiring reliable information with affordable expenses.
- Viral Launch
Viral Launch is a sophisticated product and keyword research tool that encompasses:
Market Intelligence – Offers accurate product research aided by AI Insights.
Competitors Intelligence – Studies and breaks down the competitor’s moves.
Keyword Research – Does relevant keyword research and finds out the most effective keywords.
Listing Analyzer – Suggests optimization techniques that help to rank better.
Viral Launch is suitable for sellers who intend to scale their business using data driven insight.
- ZonGuru
ZonGuru is another tool for Amazon sellers. It is simple yet powerful and gives more relevant and deeper information. Some of its features are:
Niche Finder – Searches and spots a profitable product
Sales Spy – Analyzes the sales of competitors.
Love-Hate Tool – Examine the sentiment of customers based on reviews.
Listing Optimizer – Helps get better conversion rates on optimized product listings.
ZonGuru is friendly and best for sellers looking for an uncomplicated research tool.
- Keepa
Keepa is a tool that tracks changes in prices and has information of products sold on Amazon. Some of its features are:
Price History Graph – A graphical representation of the changes in price over a period of time.
Sales Rank Tracking – Monitors how many products are sold in a particular period of time.
Daily Deals Alerts – Alerts the seller when there is a sale.
Buy Box Data – Offers information on pricing and what it is based on.
Keepa is the ideal tool for sellers looking to track prices and the most advantageous time to source items.
- Smasher The Unicorn
Sales estimates, competition analysis, profit calculations, and revenue data are components offered by Unicorn Smasher, a complimentary software developed by AMZ Tracker that aids in product research. It features:
Sales Estimates: Predicts monthly sales volume.
Revenue Data: Provides estimated revenue for products.
Competition Analysis: Shows competitor performance.
Profit Calculations: Helps estimate potential profits.
Sellers looking for a complimentary research tool will benefit the most with Unicorn Smasher.
How To Choose The Right Tool For Product Research
While contemplating which product research tool to utilize, below are things to keep in mind:
Budget: Some tools are free, while others require a subscription.
Support: Good customer support can be helpful for troubleshooting.
Accuracy: Reliable data is crucial for making informed decisions.
Ease of Use: Look for a user-friendly interface.
By evaluating these factors, sellers can find the best tool to suit their needs.
Conclusion
In the highly competitive world of eCommerce, using Amazon product research tools is very important to preemptively identify lucrative products. For beginners and masters alike, the usage of Helium 10, Jungle Scout, AMZScout, and Viral Launch increases their chances of success. Each tool has a unique selling proposition, which makes selection dependent on your price and aims for the business. The appropriate research tool dramatically improves efficiency and profitability on Amazon while mitigating time and risk factors.
FAQs
- What are the best tools for Amazon product research?
Some of the more helpful tools for product research on Amazon include Helium 10, Jungle Scout, AMZScout, Viral Launch, and Keepa. They offer different algorithms to data pertaining to sales history, competition, demand, and profit margin to provide deeper insights.
- How does Helium 10 help with Amazon product research?
Helium 10 provides Black Box (for product discovery), Xray (for market analysis), and Cerebro (for keyword search) tools. These tools allow sellers to identify available high demand low competition products and optimize product listings for greater visibility.
- Which platform, Jungle Scout or Helium 10, is better for product research?
As for beginner users, they may prefer Jungle Scout due to its user friendly interface as well as its reasonable sales estimation. For more advanced users looking for more scaling tools, Helium 10 integrates its more premium features. In essence, your requirements will determine which service is more favorable to you – if you are looking for advanced insights, you will have to pick Helium 10, while for basic necessities, it will have to be Jungle Scout.
- Is there any option for conducting Amazon product research at no charge?
Absolutely, Amazon does offer its users some basic tools such as Amazon Best Sellers, Movers & Shakers, and the Products Opportunity Explorer. There is also a range of free services provided by Keepa (price tracking) and CamelCamelCamel (historical price tracking) that users can take advantage of.
- What is Keepa, and what benefits does it offer with product research?
Keepa offers a unique tracking service since it allows for the checking of historical pricing, sales rank, along with the stock availability. This assists sellers in deciding if a product has long term value by analyzing seasonal trends.
- In what ways does Viral Launch assist with product research for Amazon sellers?
Viral Launch provides Market Intelligence (which focuses on sales trends and more in depth demand analysis) and Competitor Intelligence (Mate’s performance tracking) services. This service assists sellers in identifying winning products and helps them understand the market better.
- What does AMZScout provide which Jungle Scout does not and vice versa?
They both offer competitor analysis, product research and sales estimates. However, AMZScout offers a one-time purchase option while Jungle Scout is based on a subscription model, making AMZScout better for beginner’s budget.
- Are there any tools besides Amazon Best Sellers list that aid in product research?
No, the Best Sellers list does only include the to-selling products so it does not account for competitors or profitability. Tools such as Helium 10 or Jungle Scout offer deeper analysis for trends, competitions and even demand.
- Will any of the product research tools make selling on Amazon effortless?
There is no product selling tool that can guarantee success, but they do try to minimize the risks by giving guidance on competition, profitability, and demand. It always relys solely on the marketing efforts, pricing strategy, and research conducted beforehand.
- Which product research tool aids in private label sellers?
For private label sellers, using Helium 10, Jungle Scout, and Viral Launch is best as these aid with in-depth market analysis, competitor tracking, and even keyword research which is pivotal for branding and scaling up a private label brand.
