Sellers are registering on Amazon in most of its marketplaces and the figure is estimated to be in millions for each business quarter. Most of the sellers are serious sellers and are getting affiliated with Amazon to make their career in selling through Amazon; however, there are few sellers who are getting into selling with Amazon without any plan as they are not serious sellers. In the case of Amazon, each and every seller has to provide quality and thus quality products and services are essential if they are to be sold on Amazon. However, there are certain elements on which the sellers can compete with other sellers of the same product while getting more of the buyers with a better presence.
Still, the product, which is to be sold on Amazon, should have enough demand in the market, so that it could be sold once it is launched in any marketplace of Amazon. Those who are serious and want to start selling on Amazon can get help from either a qualified Amazon Virtual Assistant or from research software that is specially designed and developed by Amazon selling experts.
Zonbase is an all-in-one platform where a seller can get a profit-winning product and can get help with all the tasks related to launching of the product in any marketplace of Amazon and raking on the first pages of Amazon afterward.
According to Zonbase, there are some features of a profit winning product that is usually recommended to sell on in a specific marketplace. According to the experts who developed Zonbase recommend the following features like the necessary point for a product to be profit winning:
Monthly Sales over 450 units– A profit-winning product should have sales in general of over 450 units per month. If the sales are below this figure, then the demand for the product is low, so it’s not possible to sell that product to make better sales. If the monthly sales are over this figure, it means it has a high demand and despite the number of sellers, new sellers can make an entry in the Amazon marketplace to compete with existing sellers with a good launching strategy.
Price Range of the Product– The product should have an average selling price of between 14$ to 50$ in usual. This range is made fix due to a number of risks involved in selling and the ROI (Return on Investment) which a seller would be having against the investment which is made initially and the time which is set on risk while selling on Amazon.
Low in Competition- The product should not have high competition already so the new sellers should not be spending high figures on advertising and strategies to rank on the first page. The product should have fewer sellers so that the new sellers should be making little effort to rank organically.
Related Products under a single Brand– Zonbase recommends selling the same category of products under a specific brand name. This is because, once the brand is able to make itself rank on the first page with one product, buyers will be seeking other products related to that product with the same brand name.
For more details, please visit https://www.zonbase.com/blog/pricing-amazon-products-set-up-your-product-listings-for-profitability/
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