Amazon and eBay are the top two ecommerce marketplaces that host millions of products within its ever expanding domain. Varieties of sellers selling a variety of products to cater to the requirements of infinite different types of customers, happens to be an everyday affair in these platforms. Competition is always at its highest in Amazon and eBay making it extremely difficult for any new enthusiast to make any difference in terms of growth, visibility or profits in favor of their newborn ventures.
Nevertheless, with the right planning and strategizing new sellers can win their way through this chaos. Making a list of the most profitable products to sell in Amazon and eBay is counted as an extremely potent strategy that can actually give the latter a comfortable head-start. Here are a few quick tips to locate the products that are likely to sell out the fastest and the easiest in these marketplaces…
Choose products that the marketplaces are known for –
To put it in very simple words, it may be easy for you to sell your stamp collection in eBay than in Amazon. This basically means that you should choose the marketplace that your product category is best compatible with. This will keep you from wasting your efforts in a marketplace where your products by default will remain at the backseat of visibility.
However, products like books, clothes, electronics etc. are compatible with Amazon and eBay almost equally.
Run a search on the products that are making the highest sale –
After determining the profitability of your product category in both platforms, it is time to check which product / type of product is making the highest sale in the group.
Say for example, if you are a seller of bath and beauty products, you will need to determine whether 10$ soap sets are more popular than luxury bath bombs. If the former is a more profitable product in the marketplace already, it may be wise to delay the introduction of the latter to your product list.
Use softwares for the purpose –
Software systems are available in the market these days to locate the most profitable items in eBay / Amazon or any other marketplace as such. Using these softwares can save hours of your time that would otherwise be spent if the process is approached manually.
Take a look at the titles and descriptions along with the pricing and other value of the products
Once you have located the most profitable items to sell on Amazon / eBay or both, you will need to take notice of the details like titles, descriptions and most importantly the pricing of the products. This will offer you a good idea on how to make the profitable products irresistible to target buyers.