Simplify Amazon FBA Product Sourcing with These Expert Tips

BizBoom.ai · Dec 10, 2024
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Finding success on Amazon FBA often boils down to effective product research. Many new sellers make it overly complex, but Fields of Profit simplifies it in this video, sharing strategies that identify 20+ profitable products daily. This method has helped grow a 7-figure Amazon business and is accessible to all sellers.

Why Beginners Struggle with Amazon FBA

The most common mistake for beginners is focusing on private labeling or bulk purchases from overseas manufacturers. Instead, the video suggests sourcing products that are already available at retail stores like Walgreens or Walmart. These are everyday items with significant profit margins, as demonstrated by the host, who turned a $9 product into a $20+ sale on Amazon, yielding $5 profit per unit.

Tools to Streamline Product Research

The host highlights two key tools for simplifying product sourcing:
 
SellerAmp: Helps calculate profits and analyze costs.
 
Keepa: Tracks historical pricing and seller trends on Amazon.
 
By leveraging these tools, sellers can focus on high-potential listings while avoiding pitfalls like competing directly with brands or Amazon itself.

Winning Strategies for Sourcing Products

One effective strategy is storefront stalking—identifying sellers with 50–250 reviews, indicating moderate success. By analyzing their product range, sellers can discover profitable brands and items they might not have considered.
 
Another tip involves focusing on less obvious niches, like automotive tools or specialty goods, which often have lower competition and stable returns. Sellers can also use Google image searches to locate product sources and take advantage of retailer discounts or coupons.

Seasonal Sales and Advanced Techniques

The video also discusses using seasonal sales (e.g., Black Friday, Valentine’s Day) to source discounted products. Sellers can browse major retailers’ websites, apply available coupons, and identify Amazon listings for these products to calculate profitability.
 
For more advanced sellers, the host suggests using variations and pricing trends on Keepa to identify premium product variations that sell for higher prices.

Free Masterclass for Aspiring Sellers

Fields of Profit concludes the video by inviting viewers to a free masterclass. This class provides a step-by-step guide to starting and scaling an Amazon business, covering exclusive insights not shared on YouTube.
 
If you want to learn more about these strategies, watch the full video, “How I Find 20+ Products to Sell on Amazon Every Day,” by Fields of Profit. Expand your Amazon FBA knowledge and start sourcing products like a pro today!