First, avoid infringing elements
When selecting products, you must stay away from those that contain infringing elements. Due to the tightening of platform policies, you may not know it yet, and may even make some money on it, but if you are detected by the platform, your product will be removed from the shelves at best, and your sales rights may be removed at worst, so everyone must pay attention to this.
Second, choose rigidity
In Amazon's product selection, rigid demand has always been likely to reduce the amount of operating capital and increase the chances of operational success. Next, let’s talk about products with rigid demand. Products with rigid demand are those where the functional demand for the product is greater than the external factors such as style, appearance, color and size.
Third, when selecting products, avoid products that are updated too quickly and products with seasonal details;
Nowadays, there are too many things being updated and replaced. If you carefully analyze the stores that have maintained good operations for a long time, you will find that they never chase after hot-selling products, and even consciously avoid hot-selling products that explode instantly. The products in their stores are often products that can be sold continuously for many years. The demand for those products exists almost all year round, and those products almost do not need to be updated in the next three to five years.
Fourth, consider your own financial situation when selecting products
Avoid blindly selecting products without considering your financial situation. Knowing that you don’t have much money, you still insist on going for high-end products. By the time you go for high-end products, you will find that you don’t have the funds to support it. However, you must make judgments based on your own funds and operating experience. Therefore, when selecting products, sellers should consider their own financial situation and start with low-priced products as much as possible. Once the low-priced products are successfully operated and you have gained experience, you can then move up step by step.
Fifth, consider the weight and volume of the product when selecting it
The weight and volume of the goods will cause problems in the future logistics. If the volume is too large or the weight is too heavy, it will cause a burden on your logistics freight. Similarly, some products are very light in weight, but they are bulky and will also make you feel overwhelmed. Therefore, when selecting products, sellers must habitually consider the purchase cost, weight and volume of the products, because these are the core factors that affect the final cost.