Amazon Presentation
Amazon Presentation
Submitted by: Id No
Areesha butt 001
Noor waseem 004
Umer Sajjad 006
Sajal Fatima 008
Arooj Tariq 010
3 HRM of MacDonald’s
4 The Rise and Size of Amazon Advertising
This is the MOST important step as the product you choose is the foundation of your
business.
You want to find a product that lots of people are after, and isn’t too competitive.
We don’t want to take that risk, and strongly recommend making data-driven decisions on
what to sell.
9 Demand:
Let’s focus on the top 10 listings listed in the Chrome Extension.
We can see here estimates for all these top listings.
As a guideline, we’d like to see at least 3000 sales combined in this top 10.
In addition to having 3000 sales, we also want to make sure that these sales are fairly well
spread out.
10 Competition:
Most people tend to buy from listings that have higher numbers of good reviews, so that’s
why we use it as a metric of competition.
we’d like to see at least 4-5 listings with under 100 reviews.
This makes it easier for us to catch up, starting from 0.
You can bend them a little, but the lower the reviews overall, the better.
It’s worth spending more time finding less competitive products, as this is often the biggest
barrier.
11
Price of the product:
To keep it easy, you want to sell products between $15 to $60.
Below $15, the profit margins get very slim by the time Amazon.
when looking at these top 10, you want to get an idea of what price you could sell for. If it
falls between $15 to $60, then you’re good!
12 Selling on Amazon :