Easiest Private Label Products To Sell For Profit On Amazon
The Easiest Private Label Products To Sell For Profit On Amazon
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In this video, I’m going to share the three pillars that the easiest and most profitable private label products on Amazon all have in common. If you pay attention to these three pillars, you’ll know exactly what to look for to identify a product that’s easy and highly profitable for you to sell on Amazon right now.
Before we begin, let me tell you a bit about my background. I’m Daniel Audunsson, the creator of Infinity Code, which is a proprietary and scientifically proven method of successfully selling private label products on Amazon. Now, one very common question I get is: “What is the easiest private label products to sell for profit on Amazon?” But after selling over 200 different products on Amazon in all kinds of niches for more than 5 years, I can tell you with full confidence that there is not any specific type of product or category in general that is more profitable than another. It just doesn’t work like that.
However, the good news is that there are three pillars that the easiest and most profitable private label products on Amazon all have in common. Let's go over these three pillars together right now.
Pillar Number One: High Price, high profit margin.
The first pillar and common denominator between the easiest and most profitable products to sell as private labels on Amazon is that they usually have a higher price and a high profit margin. Be aware: Products that have higher prices do not necessarily have higher profit margins. But, generally speaking, the higher priced the product, the higher the profit margin, and what do you think is easier? Option 1: To sell one unit per day for 30 days of a product that's priced at $200 and has a $100 profit margin per sale, and make a profit of $300? Or, option 2: To sell 100 units per day for 30 days of a product with a $1 profit margin that's priced at $8?
Answer: Option 1. Of course it's much easier and smoother to sell one unit of a product per day to make that $300 in profit per month. Therefore, you really should be looking to find products that are priced at $50 and above that have at least a 30% profit margin. Ideally, you can find something that's priced even higher than that and that has an even higher profit margin, let's say, a 50% profit margin or higher. That's the kind of product that can make you a lot of profit quickly and easily on Amazon. Also, be aware that you want to brand your product as a premium, and thus demand higher prices. The good news is that you can figure both of these things out in advance before you really spend any time, money, and energy on a new product idea.
Pillar Number Two: High price, less competition.
Again, the high price point really, really does matter. In addition to finding high-priced products, you’ll also want to find high-priced products with less competition. Well, the good news is that, generally speaking, the higher priced the product, the less competition there is on Amazon. You see, because most people will tell you to find cheaper products to private label in the 10 to 30 dollar range, 99% of private label sellers are going to be looking at and competing on those products.
So if you find products that are priced at $50 and above, even $100 and above, even as much as $1,000 per sale, then you're going to be looking at products that almost no other private label is looking to sell, and this is a completely different scenario. Trust me, you will find an incredible amount of excellent opportunities that have almost no competition. Again, pillar number two is to identify higher priced products that have less or little competition. That's going to make it a whole lot easier for you to find success quickly, and when the product also has high profit margins, you can see how it can be easy and very profitable to sell the product.
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