Once upon a time…
you saw the outsized success of e commerce entrepreneurs and wondered how they achieved it. Thinking to yourself, “could I do the same?” This course is short and ACTION PACKED to learn fast and efficiently :)
Regardless of your answer to that question, congratulations! Your ambitions and initiative brought you here: The Jungle Scout Product Research Masterclass.
The Masterclass is an in-depth video course that will show you exactly how to find a profitable product to sell on Amazon. Greg and Lenny will walk you through it all.
Your Questions Answered
We will address all of these questions, and more, in these videos.
We have crafted this for the enthusiastic entrepreneur-in-making, with the attitude to learn and execute. Don’t worry about your previous experience up until this point–we have broken down the complexities of finding and validating ideas into a systemized process that will lead you to your winning product.
How do we know that? Because we have done it many times over! And we have helped thousands of others start life-changing businesses, starting with just one product selling on Amazon.
Ready to get into it? Let’s start!
Once you have plenty of ideas, the next stop is to continue your research to seperate the wheat from the chaff.
Remember, we don't just want good ideas, we want the perfect product to launch and make profit from.
There are various different methods to doing this research, which you can cross reference to make the most informed business decisions. We will cover all of that in this module.
Here's a few links to get you started, bookmark them for later!
Keywords & The Top Ten
One of the quickest ways to verify competition is to focus on your top keywords for a particular product, and do your research on the top ten products for that keyword right within Amazon's search results.
You should gather data about the top ten for assessment:
So now we know how to find and validate a product, let's move on to another important part of the research process. Making sure your product will generate profit.
As far as business financials go, this is the most exciting part to work on.
This module will walk you through the process of figuring out your expected revenue, expenses and profit, before you go ahead with the launch.
Here's a recap example of how a top-level breakdown might look:
If you layer in estimated sales you can start to figure out your income. For example, 300 units per month (roughly 10 products per day) would land you a profit of $3000 per month or $36k a year!
Just imagine what you can achieve on Amazon by selling a handful of products?!
We're not done yet. Let's dig even deeper into this research.
To ensure you stay well ahead of the curve, you can add these advanced product research strategies to your toolkit.
Thinking laterally like this will help you to uncover those niches where demand is not met, and increase your opportunities to grow your business.
These are the unique tactics that we have used to launch our most successful products, and sharing is caring
The top tip here is to look out for products that are selling well, with low average ratings (3.5 stars or less). Here is your golden opportunity to tap into the demand with a higher quality product and listing.
All you need to do is read the bad reviews to find out what you need to do to improve it. This is a killer product research method that you can add to your process now and in the future.
We're almost there now, but we need to source our product first. Moving on!
Congrats! You made it this far. You've discovered how to generate a huge list of ideas, and deep dive into the research to narrow them down to a profitable product opportunity.
Once you're ready to pull the plug, you will need to find out how to source your product. From finding to contacting suppliers and getting samples, this final module has got you covered.
If you have a strong desire to be an entrepreneur, but are holding back because of ‘the fear’, remember that most entrepreneurs only wished they’d started sooner.
Whatever it is you are doing, get a prototype shipped fast. Building on humble foundations is the strength and success story of most established startups.
Surround yourself with smart, entrepreneurial peers and never stop learning. At some point, you will be able to give something back, and I guarantee that this will be one of the most satisfying moments of your entire career.