In this monologue podcast, the speaker details strategies for identifying trending products on Amazon before they become widely popular, emphasizing a 70-30 rule where 70% of products are in major categories for consistent income, and 30% are trending items for short-term sales boosts. The speaker advises against starting product research directly on Amazon due to existing competition and instead recommends identifying well-known brands through resources like ChatGPT and sourcing products from suppliers like Costco. By using tools like AMZScout to analyze Best Seller Rank (BSR) and estimated monthly sales, and by split testing prices, sellers can capitalize on early opportunities and achieve higher profit margins before the market becomes saturated.
Sign in to continue reading, translating and more.
Continue