![]() That means if using the right tool, you can access almost instant information about the best products in your niche. The million sellers and products become data points for product research tools to discover. While it sounds daunting, there is a massive amount of competition there - it’s also a good thing. Literally, there are millions of products for sale on the Marketplace. With over 2.5 million sellers on the Amazon Marketplace and 25,000 of those earning more than $1 million a year in sales ( Marketplacepulse, 2019), you may want to get in on the action. Why do you need an Amazon product research tool? This information helps merchants gain an idea of sales potential, as well as upcoming opportunities to take advantage of.ĭifferent platforms come with various tools, but many are common, such as tools that help with trend projections, data storage, stock tracking, and expense catalog. These tools often pertain to aspects, such as its historical prices, sales volume, projected trends and sales, keyword optimization, insight into competition activity, data tracking, and many more.
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