Find Profitable Products on Amazon with AMZScout Web App & Product Database in a Flash!

Step-by-Step Guide: Finding Profitable Products to Sell on Amazon with AMZScout Product Database

Looking to find profitable products to sell on Amazon?

Well, let's dive right in and explore the AMZScout Product Database together!

I'm Vova Even, and I'm thrilled to welcome you here on my FBA seller's blog!

As someone who's been selling on Amazon since 2016 (yep, it's been a while!), I've picked up plenty of tips and tricks along the way.

And now, I love to impart my fair share of knowledge with you, no matter where you are on your selling journey.

Thanks to my YouTube channel and Udemy courses for being my go-to platforms for helping you out! 

Today, I am going to share a secret that will completely transform the way you do business.

This game-changing tip is going to take your Amazon strategy to a whole new level and give you just the edge you need to win in the marketplace. 

If that doesn't get you curious, I don't know what does!

So, in today's blog, I am going to walk you through the process of using the powerful AMZScout product database to find profitable products to sell on Amazon FBA.

It's a great step-by-step breakdown of each stage into easy-to-follow instructions that anyone can understand, so I don't see why you'd want to miss your chance to take your businesses to new heights.

I also welcome you to get a free AMZScout trial with a 20$ OFF discount.

So, let's get going already!

I am also attaching my video tutorial to help you find profitable products using AMZScout Web App Product Database, so go with whatever suits you the best! :) 

How to Find Profitable Products on Amazon Using AMZScout Product Database?

Before we get to learning what AMZScout is all about, below there is a link that allows you to get it for FREE.

AMZScout Free Trial

Plus, if you ever decide to purchase AMZScout subscription, use the button below and you'll be able to get it at a discounted rate as well!

AMZScout 20$ OFF

If you use my affiliate links, I'll get a little commission from the company - at no extra fee to you!

And this way, I can also get your support in exchange for providing FREE tutorials, tips, and tricks for Amazon FBA. 

After landing on the page, you can make a free account to try out the product research tool.

Once you have created your account, you will notice a "Find Product" option at the top right of the page.

That's going to grant you access to the application, which leads you to the database - where you can access a lot! 

Now that we're inside the database let's learn what it's all about.

Basically, the database allows you to find products on Amazon from a large database that AMZScout has with millions of products on Amazon.

This powerful tool enables you to search for products using specific criteria that you input into the program.

Yep, with hundreds of millions of products on Amazon, finding what you're looking for can be overwhelming.

However, with AMZScout, you no longer have to sift through endless product pages.

Instead, you can narrow down your search and find the products you're specifically looking for.  

Frankly, I'm pretty excited to guide you step-by-step through everything so that you can fully understand and take advantage of the tool.

I've specially designed the blog to teach you how to use the database and inspire you with new ideas for different criteria.

I promise it will be a fun and informative experience, so when we're towards the end, you will have the skills you need to succeed in your Amazon product research. 

Marketplaces

One of the most outstanding features of the AMZScout database is the ability to choose your desired marketplace.

The list of marketplaces on AMZScout includes the USA, UK, Canada, Germany, France, Italy, Spain, India, and Mexico.

This means that the program is designed to work seamlessly across these markets, giving you the option to search for products in whichever market you desire.

Next, we need to narrow down the criteria for our product research. Just like I mentioned earlier, with the vast number of products available on Amazon, even the most seasoned shoppers can have their minds all over the place.

And that's exactly why it's essential to refine your search criteria to ensure that you find the products that meet your specific needs.

But before it scares you away, the AMZScout database provides an efficient solution to help you streamline your search, no matter if you're a frequent Amazon shopper or a new user.

Category

On the left side of the page, we have the Category feature.

It's a powerful feature that lets you explore and select from a wide range of product categories available on Amazon.

To begin, you can simply click on the category option and browse through the list of categories available on Amazon.

From there, you can choose to filter your search by selecting specific categories that are relevant to your search.

Or, you may even choose to see products from all categories by selecting the "All Categories" option.

But if you wish to narrow your search down, you can select a few popular categories that are relevant to your search.

For example, if you're interested in baby products, you can choose the "Baby" category to see all products related to that category.

Let's say I deselect all the previous categories and focus on just a few popular categories, such as Baby, Home & Kitchen, Industrial & Scientific, Sports & Outdoors, and Garden & Outdoor.

By selecting these five specific categories, we've actually limited our search results to only these categories.

After this, click "Apply" for more.

Filter

Now that we have narrowed our search to specific categories, let's explore the filter options available to further refine our search results.

And just a quick note, the filters at the bottom of the page are different, so we'll look at them later in the blog. 

Including Keywords

First up, we have the Including Keywords, which means that all your search results will contain the specific keyword that you input.

This can be especially useful if you have a passion or interest in a particular topic, such as fishing, crafting, painting, or cars.

This could be based on your past research or any other relevant factors. 

For example, suppose you include the keyword "car" in the search.

In that case, you will get all the products that have "car" in their title or description, usually related to automotive equipment.

But hey, you need to make sure to select the automotive niche beforehand in order to get relevant results.

Let's say you input the keyword "car," but you didn't choose the automotive niche, there's no way you'll get your desired searches (if you want stuff related to cars in the automotive niche).

See how it works? 

Excluding Keywords

Next, we have the Excluding Keywords, which refer to the keywords you don't want to see in your search results.

For instance, if you conducted your search back in the pandemic times and wished to avoid seeing face masks or respirators in the results, you could have excluded those keywords. 

Likewise, if you're searching for a particular type of product and certain clothing items keep appearing in the search results, you can exclude the relevant keywords to filter them out.  

Price

Then, we have the Price, which is the cost of the item you will see in the search results.

Based on my experience, it's better to sell items at higher prices on Amazon for a few reasons.

Firstly, it allows for more room for profit, depending on how much you source the product.

For example, you sell something for fifty dollars but originally bought it for forty dollars and didn't negotiate with your supplier.

You won't have much profit left, right? So a higher price doesn't necessarily mean more margins, but it usually works this way.

Secondly, selling at a higher price means you'll make more money, partly because of the Amazon fees that are deducted from each sale. 

Now, I'm sure this has you wondering - what's a reasonable price to start with?

Well, I would say aim for a higher price if you can source more expensive products.

This is better because you'll have less competition.

Think about it - many people want to launch businesses on Amazon, and they're always watching for new opportunities.

There are tons of sellers getting on the platform, but not all of them have huge budgets.

Many of them want to start with cheaper products, investing only a few thousand dollars and then selling their products for ten to fifteen dollars.

Of course, this creates cutthroat competition in the marketplace. 

On the flip side, if you're more serious and willing to take on more risk or if you're simply ready to start with a smaller number of products, you can find items that are priced higher, starting at around twenty-five dollars.

However, don't let it fool you - you can also start with things that are priced at fifteen dollars or less and still end up with a decent profit.

Let's say you source a product for one dollar and sell it for fifteen dollars; your total cost, with fees deducted, will be around five dollars.

This leaves you with a ten-dollar profit before any pay-per-click or advertising costs, which I believe is pretty good in this price range.

Yep, it all depends on your selling circumstances, and no two sellers have the same! 

Reviews

Up next is the Reviews, which is a section that caters to our question - how many reviews does a given product have?

Suppose we want to see products that don't have a lot of reviews but are still selling well.

This means that if you launch early and get some reviews at hand, you'll still be able to compete. 

But guess what?

It's not just about the reviews.

First and most importantly, you need to bring something to the market that solves a problem or fulfills a desire for your target customers.

For that, make sure you understand your customers and what they need, and then deliver a product that meets those needs.

This will make them more likely to buy from you.

Of course, you still need to optimize your listing with keywords and other strategies, but the most crucial thing is to solve your customers' problems and fulfill their desires.

The real question, though, is, how many reviews are an ideal number?

The lower the reviews, the better if they're able to pack in more money.

If you're looking for a more established product, you might want to look for around five or more reviews because it shows that the product has been on the market for a while and has some established sales.

And, oh, if a product has zero reviews, it could mean that it's in the launch phase, and the sales are from the seller giving away the items in the form of coupons or rebates. 

But here's another thing - people don't necessarily have to be in the launch zone to take advantage of rebates.

Even with just ten reviews, they can still participate in rebates, which is highly beneficial for them, promoting different keywords.

So, input the number of reviews you'd want to see to display products within your specified categories and price ranges.

Estimated Sales

Apart from the reviews, we have the estimated sales, which refers to the sales a particular product is doing on a monthly basis.

Let's say there's a product with reviews between eight to forty, priced between 23 and 71, making at least $500 in monthly sales.

Well, this translates to a minimum revenue of $23,500 per month, which is more than $10,000 in revenue.

And while we can play with the numbers, it's ideal to start from 500 and look for products that generate 10k in monthly revenue, keeping in mind that margins may vary.

Based on my personal experience and that of other seasoned sellers, it's realistic to aim for a margin of around 20% on Amazon.

However, this may vary for different sellers, depending on whether or not they sell private-label products.

AMZScout also has a sales estimator, which I recently compared with the sales estimator by Jungle Scout.

Here's that comparison blog post, of AMZScout Vs Jungle Scout sales estimators.

Seller Type

This section caters to the question: what's the seller type of the products?

To answer this precisely, there are different types of sellers on Amazon.

The first type is Amazon itself, where Amazon uses its service to sell its products.

The second type is FBA, which refers to people using Amazon's platform to sell their products.

And finally, the third type is FBM, people who sell on Amazon but have their own warehouses where they fulfill their items.

This means that while people still order from Amazon, the seller ships the products from their warehouse.

These merchants typically pay to store their inventory in warehouses or third-party fulfillment centers.

Now, the choice is yours - you may or may not fulfill this section.

You can leave the seller type filter blank to see all sellers of a particular product on Amazon.

However, suppose you want to specifically see merchant sellers who fulfill orders from their own warehouses.

In that case, you can select the "Merchant" option.

Conversely, let's say you are interested in FBA sellers who use Amazon's fulfillment service, which gives them an advantage in search rankings.

Here, you can select the "FBA" option to view these sellers.

Alternatively, you can select "Amazon" as the seller type if you're interested in the listings by Amazon that do really well. 

Product Tier

There are different product tiers on Amazon, including standard size and oversized.

Standard-size items are smaller in size and easier to ship, while oversized items are larger and, obviously, more difficult to ship.

I personally haven't shipped oversized ones, so I don't have much experience here.

But one thing's for sure - shipping oversized items is way more expensive, and it may present challenges for sellers who aren't really experienced in handling such items. 

Weight

We have the weight beside the Product Tier filter, which is in lbs.

The weight of your product is an essential factor to consider when selling on Amazon.

Generally, the lower the weight of your product, the better because it will be easier and cheaper to ship.

However, if your product is heavier, you will need to factor in the additional shipping costs, which can impact your profitability.

The best part is you can play around with this section too.

You may leave it blank, add 1 lb (450 grams), or make it more or less as you like.

Or, you may drop it down to 0.5 or even 0.1 lbs.

Yet again, the rule of thumb is - the lower, the better.

Also, it’s important to know the difference between dimensional and normal weights.

If the dimensional weight exceeds the normal weight, then the pricing for shipping will be based on the dimensional weight.

For those who may not be familiar with dimensional weight, consider the example of packaging a small nail clipper in a large box.

The shipping company will calculate the shipping cost based on the box's volume rather than the product's weight inside.

Rank

After considering the product's weight, the next factor to look at is the Best Seller Rank (BSR) on Amazon, which varies across different categories.

For instance, in the Home & Kitchen category, a BSR of 5,000 could be equivalent to approximately 30 sales per day on Amazon.

In contrast, in the Industrial and Scientific category, a BSR of 5,000 could account for around five sales per day.

Yep, it works differently for different categories, but essentially, the lesser the product rank, the more sales it gets.

Estimated Revenue

Moving on, we have the estimated revenue, which estimates how much revenue a product generates per month.

This is determined by AMZ Scout using their advanced technologies and robots to calculate the estimated revenue.

For instance, if you enter 15k as the estimated revenue, the tool will display products that are making more than $15,000 per month based on their sales and prices.

However, you have the option to leave the price filter blank too!

Rating

Now, the rating refers to the overall score of a product based on the reviews it has received on Amazon.

The score is calculated based on the number and quality of reviews a product has received.

For example, if a product has 50 reviews and 49 of them are five-star reviews, while one is a one-star review, the overall rating would be 4.9 or 4.8, depending on different factors.

The rating is crucial when it comes to identifying niches with potential sales and opportunities for improvement.

A low rating (below four stars) indicates issues or problems with the product that need to be addressed.

By analyzing reviews and identifying problems, you can work with your supplier to improve the product and gain a competitive edge.

This process is similar to the healthy competition between companies in other industries, such as the iPhone, which isn't perfect, and continually strives to improve.

The key here is to identify profitable niches that already have buyers, even though they may have concerns about the product.

By addressing and improving any issues, you can increase customer satisfaction and ratings, leading to longer-term success and more sales.

This positive feedback loop can also allow you to advertise with higher ratings and attract customers, even from lower-quality listings or those with no reviews.

If you can fix it, you can grow - it's as simple as that!

Number of Sellers

After considering the ratings, the next factor to examine is the number of sellers on a listing.

This figure can range from zero to any number above.

In the case of private label products, typically only one seller, which is you, is present on the given listing.

And let's say you input the value of 1 here; that's going to include products that have any more than one seller selling them or those products that are getting arbitrage sold.

To refine the search, we can set the maximum number of sellers to 1.

However, there are instances where a person may have two offers on their listing, such as FBA and FBM offers, which means they are selling the same product and shipping it from different warehouses.

But for today's tutorial, let's keep it to a maximum number of sellers of 1 or 2, depending on preference.

This will eliminate irrelevant products with arbitrage, but it's still possible to find profitable products with two sellers, where there's FBA and FBM.

First Available

The "First Available" section refers to the initial availability date of a product.

A helpful trick is to look for products with a specific "first available" date.

For example, if you find a product that was first made available in 2017 but is still generating over $10k in monthly sales with only 30 reviews, it may indicate an untapped niche market.

This could be because other sellers don't know how to get more reviews, or they're not putting in the effort to do so.

Much in the same way, if you come across a product with a first available date of 2018, for instance, you can input that date and look for products with similar monthly sales and reviews to find potentially profitable products in that niche.

And to be frank, that's one great chance for you!

Listing Quality

The next aspect we are going to discuss is the listing quality, which AMZScout uses to evaluate the quality of a listing by considering various factors.

The Listing Quality Score is typically based on a few key parameters, such as the number of bullet points, the title, and the number of images.

A higher listing quality score indicates a stronger listing, so finding listings with lower quality scores could provide an opportunity to compete and win over a particular niche.

Net

And finally, the Net indicates the net profit a particular listing makes in a month.

Again, it's estimated by AMZScout with their machines.

The estimated profit is based on various factors, including fees and other data that the program takes into consideration.

However, since the exact cost of the product is unknown, I'd recommend leaving this section blank.

That's pretty much it for the filters section.

If you see no results, it means that you have filtered the search criteria so much that there are no products that meet the specified conditions.

For instance, if you set a filter for a product that generates $50,000 in sales with just one review, it is highly unlikely that such a product exists, and therefore, you will not see any results.

So before your curiosity gets the better of you, let's head over to the next section!

Product Information

When you've successfully filtered your search, you're on your desired products page.

Here, you see the product's name or the product title on Amazon.

Then, there's ASIN, which refers to the unique number the product has on Amazon, and then the Brand and the Seller.

The seller could be MCH, i.e., Merchant fulfilled that are people sending from their warehouses, or FBA.

Moving forward, we can observe the product's category, estimated sales, and revenue.

Additionally, we can view the product's rank within its category, along with a graph displaying its history.

The graph displays the monthly rank and price for the product, but the limitation is that it only shows data for a single month, so it doesn't provide a complete picture.

But if you look at the yearly rank using the AMZScout Pro Chrome extension, that's going to be much better.

Besides the rank, we see the price, which helps us look for any fluctuations in the price of a particular product.

Right next to it is the fee that Amazon charges.

For instance, if the product costs one dollar and the price is $26, you can calculate the fees based on the product size, monthly storage, pick and pack fees, and referral fee, which is about 15% depending on the product category.

The estimated monthly sales are 3,000, and the total fees are around ten dollars.

This means the estimated monthly revenue for one item is about $14, and with 3,000 pieces sold, the profit would be approximately $43,000 per month.

Insane… I know, but let's not forget, it's Nike's product we're looking at.

Then, we have the net profit that the product makes in a month's period, followed by DFA, or Date for Availability.

Next, there's RPR, or Revenue per Review, which is the estimated revenue in relation to the reviews.

Remember - it's "estimated," so you wouldn't always get an exact idea here.

Following this, we have the reviews and the rating of those reviews.

After that, there is the weight of the product measured in pounds.

And finally, we have the LQS or the Listing Quality Score.

Yep, so these were all the different sections of the product database, which I hope you found to be pretty valuable!

The Bottom Line

In summary, AMZScout is a powerful tool that you wouldn't want to miss!

It doesn't just help you find profitable products on Amazon, but it's super user-friendly too.

The comprehensive product database provides you with accurate information on product sales, revenue, and fees, among other factors.

All in all, with the help of AMZScout, it's no biggie to be able to make your big decisions, including which products to sell and potentially earn a significant profit on Amazon.

So, if you're looking to jumpstart an Amazon business or expand your product offerings, AMZScout definitely awaits you!

I also welcome you to get a free AMZScout trial with a 20$ OFF discount.

Happy Product Research! :)

Yours,

Vova :)

P.S. - I have other articles about AMZScout here as well:

AMZScout Stock Stats extension review and AMZScout Quick View extension review.