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Identify The Product You Will Sell
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Has A BSR (Best Seller Rating) In Main Category Less Than 2000
Has A BSR Rating In Secondary Category Less Than 1000 Has At Least 3 Competitors On 1st Page Of Results With 50 Or Less Reviews In A Niche Where You Have Room To Grow – Sell At Least Other Products
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Preferable – Consumable Product (Product Is Used By Consumer And Needs To Be Replaced), Example: Vitamins Product Can Be Private Labeled And Sold In The Niche Can Be Sourced / Manufactured In Small Quantities Retail Sales Price = $15 - $50 (Impulse Range)
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Lets Look At Some Examples…
Good Profit Margins – At Least 3 Times Sale Price vs. Product Cost (Example: Cost $5, Sell For $25 = 5 Times Product Cost Reason: After All Costs You Want Minimum 40% Profit Margin Light & Easy To Ship – Less Than 2 Pounds (Also, Do Not Want Something That Is Easily Breakable) Easy To Package Lets Look At Some Examples…
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