After the store is successfully registered, Amazon sellers need to select products for the store. One aspect that needs to be considered at this time is the market capacity of the product. This is an important reference data for the final determination of the product to be sold. The market capacity is not very clear, or it is difficult to judge the market. The method of capacity is not very well understood. Market capacity refers to the number of units of a certain product or service that the market can absorb within a certain period of time without considering the product price. Market capacity is determined by the total use value demand and the total amount of disposable money. It consists of two factors. As a seller, when choosing a product, if after analysis, the product has sufficient market capacity, it will become the driving force for store sales. On the contrary, it will cause fierce competition in stores to a certain extent. So, as follows Let’s learn how to check the capacity algorithm in the market when selecting products on Amazon!
1. Use Seller Motor (Digital
Crossborder) tool, which is a software specifically designed to help e-commerce sellers through AI algorithms. Sellers can directly enter product keywords and clearly view the market capacity of the product.
2. Calculate the market capacity through the keyword mining function of the Seller Wizard software. Open the software, click Keyword Mining, and enter the keywords corresponding to the product to query the search volume and purchase volume of related keywords. The sum of the purchase volume of related keywords is the market capacity of the product.
3. Through keyword search on the Amazon platform, you can view the most relevant categories of products and use JavaScript tools to analyze product sales. By analyzing the total sales of the top 20 stores on the platform, you can probably determine the current products. market capacity.
4. Through purchase channels, consult product suppliers to understand the monthly shipments of products on the Amazon platform, and then judge market capacity.
5. By querying the ranking of the top 20 categories on the platform, use the free tool Miku to view the sales data under the ranking of these 20 categories, and then judge the market capacity of this category.
The above introduction is how to check the capacity algorithm in the market when selecting products on Amazon. As a cross-border e-commerce seller, you cannot judge the product market capacity too hastily during the product selection process. You need to continue to observe and regularly consider the market situation. Controlling product production capacity prospects will naturally lead to an increase in store sales in later operations, and the store will also have greater room for development.