Sales were up last year, they were down a little bit but have stabilized and are still very strong.
This channel is usages of our phone number list still new, so get in quick before other sellers discover it.
The gross profit margin is very high in this channel.
There are currently not many sellers in this niche.
Cotton sports bra
During the pandemic, many people have started exercising at home, and sports bras are a great piece of fitness gear for women. The product itself is pretty simple, but you have to consider that you will be offering a wide range of sizes. If you are prepared for that, this is a good place to go.
Why it is a good choice:
These products are lightweight, which makes them cheap to ship.
There are fewer sellers in this niche than you might think.
You will have good profit margins on sales in this channel.
Product Research Tips
The above are just a few suggestions to consider, and you should always do your own research when looking for new channels.
Here are some things to consider when deciding what to sell:
High demand: This is usually measured by sales. If your product sells more than 300 times per month, it's likely to meet your demand.
Strong sales history: Don't just look at how well an item is selling right now. Look at sales trends over the past few years. This will tell you if the item is a consistent seller or just a fad.
High Gross Profit Margin: Aim for over 50% of your sales. What we mean is that after all your expenses (purchase costs, shipping, advertising, marketing fees, etc.), you should have half of your sales price left over that you can keep as profit.
Low Competition: The less sellers you compete with, the more successful you will be. That's why it's a good idea to choose a niche that doesn't have many sellers. If you're competing with products that don't have many reviews, that's also a good sign.
Small and light: Small and light items are usually cheaper to buy and shipping is always cheaper. They are also cheaper to store if you use a fulfillment service.
To measure most of these metrics, you’ll need a product research tool like AMZScout. There are a number of tools that show average monthly sales, reviews, revenue, sales trends, competition levels, profit margins, and more.
While they focus on Amazon products, their data is typically used in other markets as well.
summarize
As you can see, there are many trending niches to explore for your ecommerce business today. Try one of the suggestions above or do your own research and find your next winning product.
This post was written by the team of experts at AMZScout Amazon. AMZScout is one of the leading Amazon research tools for online sellers and has been in the industry for over four years. We love sharing our expertise and identifying trends to guide sellers’ success.
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