What is Product Hunting? It is basically a market research and product validation check done before launching a product. It can also be process identifying the everyday products that one can buy from a supplier and brand or sell it as its own product. For this, one should analyse the demand, competition, cost and demand of product. A typical product hunting can involve steps: 1. Searching amazon category 2. Selecting a niche 3. Validate demand and competition 4. Can filter search by price, review and active sales 5. Shortlist the products and check out net profit margin 6. Finding a supplier Goal of Product Hunting Find products that: High demand Low to moderate competition Sourced at a low cost Healthy profit margins Low to Moderate Competition This diagram shows how Amazon sellers should judge the product competition before launching a product. Comparing the both scenarios, the ideal product should have low competition (showing on the left side). The ...
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