What is going on Amazon sellers or hopefully soon it to be Amazon sellers
My name is Beau Crabill and in today's video
I will be doing a live demo on how I find products to sell on my Amazon store
I'm going to literally take you from the very beginning on getting access to products from suppliers to the very very end and
The software I will be using in this video is my boss analyzing software
So in this video, I'll also understand on how to use that
So, let me just dive right into this video the first thing you need is going to be products from a supplier
How you do that is communicate with your supplier asking them for products. So what I'm gonna do right now is dive into my computer
Show you the email from my supplier and then show you the process of understanding what products I want to go buy
From those products my suppliers offering me. So this is the first step again getting act to surprised. You can see this email right here
From my supplier offering me this large spreadsheet which has hundreds of products on now many times
You have to simply edit this spreadsheet. So that's what I did
There's a lot of issues with the UPC codes not matching up correctly. Some of them just simply warning on Amazon
You can see there's no UPC codes here. So it's not all gonna be that great
but
Suppliers again, they're not Amazon sellers
you got to work with them on that but simply you want to put in a very good format where you have at least the
UPC codes and the prices the reason why you want to have the UPC codes or prices because because in the boss analyzing software
To figure out what products they are from the suppliers spreadsheet or a catalogue on Amazon is there needs to be a product?
Identifier to match up with the ASIN which is Amazon's standard inventory number, which is a product identifier
so a way to
universally match those ASINs up the primitive listings in products on Amazon is
Going to be through ASINs themself
UPC codes EANs or ISBNs if it's a books so for here the supplier offered me UPC codes. That's great That's the only columns i need. The only other column I need on the spreadsheet for it to work
Is then going to be price because the UPC codes are gonna match it with the ASINs
but then the price when I'm buying it for will help me determine my
Profits and then the tool does the rest with the sales ranks the reviews etc
So as you can see right here on this spreadsheet
I have the UPC codes and the price is right there
the next thing all have to do is simply download this as a CSV file
comma separated values the reason for that is because that is as simplest way
For the spreadsheet to read it and be able to match it up correctly
So now the next thing I need to do is simply just go in to choose a file and the boss analyzing software
So just go to upload CSV file hit choose a file and then choose the correct file you want to upload?
Then right here is where you're gonna have to decide on what you want to do and
There's many options here. So it says identify products by ASIN UPC code EAN
The reason why you're gonna choose UPC code is because the spreadsheet I'm getting from
My supplier is from UPC codes
If your supplier I gave it to you in ASINs or EANs, then you would choose those
But for this they gave me UPC codes, so then I need to match the UPC field
so the column that has the UPC codes with the title on the column if you don't know what I mean by that it
That's what I'm talking about the title right here. If this was named, let's call it strawberry, right?
If I downloaded this then right here, there should be a choice that says strawberry
But it doesn't it originally when I download this said UPC code or UPC
So I just choose UPC and then I need to match the price field with the name of the price column
So as we can see here, the prices are all on here and that's titled price again
That could have any name. It does not have to say price
It just says whatever any of them just match it up to them. That's it. Then you need to tell the software
What your purchase cost are is it by per set or per item?
So let's say these units right here
These UPC codes were in two packs three packs eight packs, then you do per set. However, this is just per unit
I know based off cuz how my supplier works and how they gave me the original
Raw file, then there's another option to where you could get email as when the processing is done
So if you're about to upload a bunch of spreadsheets which in the boss analyzing software
You can upload pretty much unlimited amounts of spreadsheets. I'm at once
And then you want to get them back to you later
You can have the choice for the boss analyzing software to send you an automatic email for when it's done
I'm not gonna do that for right now, and then I'm just gonna hit process and
Then now I'm going to let it process
So right now you can see it's going up for 3% to 7% and it'll take a couple minutes
The spreadsheet we've had about 50 or so products
So it's gonna depend off your Wi-Fi speed or depend on how many spreadsheets you're running or depend on how many?
Products are on the spreadsheet. That would be a big one. And also how you use if you can see right now
It's already over 50 percent. I've been talking about 15 seconds
So I'm gonna let this run for a little bit and I'll get back to you. Okay?
So right now it's at a hundred percent
So what I'm gonna do now is just hit view results a lot of times what you want to do as well as hit download
Errors the download errors. I know what these are gonna be just because some columns didn't have any UPC codes at all
But I have another video kind of explain why you want to look at those errors. However, let me just go into view results
so now what you would want to do is
Actually filter out the products
So inside my Amazon course, I go over an actual resource guide on exactly the requirements and sales ranks
You want to go by but just for this lessons, I'm just gonna put in some numbers. So let's go sales rank up 1 to
150,000. All right, so it's
fifteen hundred fifteen thousand hundred fifty thousand the purpose of the filtering is because this
These results right here have 92 products, right?
There's a very good chance a very high possibility that not all 92 of these products are going to be successful
They're not going to be profitable products and some are not going to sell
Well, so what I want to do is filter them out
So I only see the products that sell well make profits and are worth my investment
So what I'll do is have the sales rank between one and hundred fifty thousand
Let's go profit of at least $1 to at the high ends go
$400 and
The ROI, so the return on investment from five percent to eight hundred ninety nine percent
The reason why you might be asking okay, why are you putting maxes on the ROIs and profits?
well a lot of times sometimes there could be mistakes with a supplier and
They kind of make a mistake on the price. So if you realize that the ROI is three thousand percent
It's probably because they made a typo. So I'm putting in those maximums because they could be outliers if they're over those percentages
So then hit search
So now what I want to do is going to double check the products
The reason why I want to check these products is because yes
The software can give you a lot of really good information very quickly on
Narrowing down the products and we can see here. We're down to four products and maybe ask yourself
Well, that's not a lot of products from a hundred them. Well, that's really good
Right, that's about four percent
If you have a list of from a supplier of a thousand different products getting four percent of potentially good products. That's really good
That's a lot of products that can really add up
But now what I want to do is actually double check the products and the good thing with a boss analyzing software
Is it really makes a very user friendly where you can see the purchase price?
Title the product the sales rank the buy box price the return on investment
Also a link to Amazon to let you just double check it
So I'm going to Amazon and let's just go
Start from the first one to the last one till we find a product that makes sense so we can see right here
Says a ROI of five percent
not really that great, profit of a dollar sixty-five, but it says its sales rank of one thousand ninety six
So if we go to here, yep, we're correct. It shows that the buy box is
$44.95. Usually what I like to check out is to see how fast do these products sell
so this says it's a thousand ninety six in cameras and photo how I'm going to convert that to sales per month is
using a tool called jungle scout.com slash estimator
It's just pretty much going to estimate sales per month off a product based off of the sales rank
So I'm gonna copy that go in to JungleScout which already have open right here
selling the United States
Category we're going to choose the correct one, which is camera and photo. So choose camera and photo
Okay, calculate and says there's 180 sales per month off that product. Okay. Well, it passes the test that it sells very well
however
What I'm thinking right now is that it shows it's only got a dollar and sixty five profit per unit and that's by investing
$34.99 right if we go to the calculator dollar 65
Divided by thirty four ninety nine. Come have to be little less than five percent return on investment
Which I know with products that I've sold in the past. I can get a higher return investment from that
So this product sells well enough
But I'm going to cross it out because the ROI is not good enough for the amount of sales
That would be getting so now let's go on to the next product is Polaroid camera
So let's click on that. And the first thing I noticed is something that seems kind of weird right here
it only has two customer reviews and for proc that says as a sales rank of
45,000 if the sales rank of 45,000 could be good, but won't necessarily be good if it's in my video game category
It could be good if it's in like home kitchen, so let's go figure that out right now. It says the
Sales rank is forty five thousand seven sixteen and computers and accessories as a 1/2 star review. Its
Product not liking that so far but let's just check out the sales rank. Right? Let's go paste that in
United States
Looking computers and accessories
So computers accessories hit calculate sales
And we notice it says less than five when jumbo Skousen is less than five
That pretty much means there's no sales off that product
So that one again, we're going to cross out see it's very important to go double-check your products now
Let's go to the next one off this PlayStation console
So I'm gonna do is click on the link to Amazon and we can see that the buy box is
$424.00 and
we can see that our price is $314.99 the
boss analyzing software
Since it's making forty three dollars per unit. It's pretty good stuff
So now what I want to first do is see if it actually sells let's go to ASIN
says it's
1644 in video games. All right. Let's go JungleScout to plug that in go into video games
sell in the US hit calculate sales, I
Said there's 180 sales per month off that product. Well, that's pretty good. The Fujifilm also had
180 sales, so that's good. But this one I believe there's me a lot more of a profit with it
So we see its selling for 424 then let's go and see what our price is 315 go to FB ad calculator
Double check the profits, right?
Especially if you're really serious about buying a product always always double check the software is just to make help you make a faster decision
But that then today you want to be making a profitable decision. So making sure you're actually making profits is very important
So selling for $424 price is at three
Fourteen ninety nine from the supplier hit calculate and you can see you're making sixty five dollars per unit
So this is interesting. It says that right here on the software that
the buy box price was
$399 so it must be at the time where I actually listed or
ran software that's on what's on for 399 and then it looks like someone else actually got the buy box at
424 it's out right now
So that's kind of interesting it it simply change right then and there but it's always good
You want to double check as well to however?
That's the price when we saw him for 424 you can see that's the buy box right there. Perfect
so you can see it's actually making more of a profit which is it definitely a higher return investment than the
Fujifilm so 65
10/424
15% which that's great if youre getting that every single month
So now I realized that I found a product that I want to go sell make sense sales rank wise make sense profit wise
investment wise return investment
So now the only stuff what I got to do is simply tell the supplier that I want to go buy that product
What I like to do is kind of copy the UPC code
Find the Product down here
Paste it just like out you sent it to me or she sent it to me and tell them hey
I want X amount of these units
I realized it's selling 180 per month
If you want more information about like how to figure out like how many units to buy I have an Amazon
Course that goes over that but that is pretty much it for this video. So that's my entire process on picking out products and
This is pretty much my daily operations of selling on Amazon this get spreadsheets get access to products double check them
Make sure the ROI works, the profits work and just order
So I hope you got value out of this video
If you have any questions at all about the boss analyzing software about selling on Amazon about selling name-brand products on Amazon
whatever it is drop the comments down below in the comment section and make sure subscribe to my youtube channel
to make sure to turn the post notifications so you can actually notify for my videos and
feel free to follow me on any kind of social media platform that we like all at
B-E-A-U C-R-A-B-I-L-L and have a great day
You