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I Now I'm to show you guys
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how we're gonna go out there
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and find these good product
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opportunities.
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And there's kind of two ways
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so we're gonna first go and
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you know look at what's in
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our head our ideas
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or you know whatever pops up
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to us out of the ether and
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then kind of show you guys
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how to navigate around and
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then we'll show you some
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tools that are gonna really
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help you expand
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your knowledge.
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And
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find opportunities that you never really would have
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thought of. So first we're
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going to look at markets you
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can think of off
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the top of your head and we'll
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go look at the very first
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market that I thought up off
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might off
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the top of my head when I got started
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on private label and it's
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actually still a really good
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opportunity to go into. I'm
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surprised nobody after two
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plus years still
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has not done this or gone in
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here so let's go take a look
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at that.
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This was the first market
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that I thought of
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when I went into private label and I actually
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made a product around this.
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It was an 80 20 wristband.
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And essentially what I had
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thought of was I like
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motivational wristbands
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and I believe that every
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product should have a
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purpose. So I want
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to be reminded of good quotes to help
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me stay positive. You know if
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times ever get hard or just
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you know in general I think
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I'm can get a tattoo with 80
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20 principle here.
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But nonetheless if we look
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here essentially what we're
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able to do is just put in the
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keyword and then what we do
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is we use Viral Launch.
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And so this is the Viral
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Launch Chrome extension.
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If you're not aware and this
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will tell us the sales of
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every single product. So I just want
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to show you guys how the chrome
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extension works here and
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explain it because it
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can be a little bit overwhelming at first but
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it's a very valuable tool if
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you know how to use it.
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So originally
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when you get it they will
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give you all of these columns
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in there so
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much in here but a lot of it
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isn't important unless
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you need to know what you can add it
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back in.
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So these are the columns that I
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end up using actually. OK so
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what I'll go ahead and
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explain. Each one of these
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and I will also
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explain the top right.
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So this is approx idea score
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this kind of tells
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you if it's a good product
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opportunity to go into.
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It's not always right.
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It's always
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interesting to take a look at though but
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that's not what we're
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analyzing based off of because
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it can be misleading the
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motivational wristbands right
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here. This tells us the
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amount of keywords.
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So this is point data
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directly from Amazon
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and telling us how
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many people are looking up that
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word motivational wristband
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so exact means people typing
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in exactly motivational
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wristbands and
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then broad means you
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could be typing in alpaca
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motivational wristbands or
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something that's
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extremely similar to motivational
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wristbands.
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So that's what that is. And
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this is always nice to know
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just because if
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you're analyzing a market
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that only has 10 searches a
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month.
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There's not really a market.
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OK that's just there's only
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10 people looking for that a
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month.
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I see one.
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Well we'll tell you more
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about keywords later but
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you just want that to be you
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know more than a hundred.
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So just just know that now
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if if it's like there's no
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words don't go for it.
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Essentially now.
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Now what we have is obviously
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on the left right there is
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the ranking on Amazon
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on the page for this keyword.
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And now
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we have B.S.
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are 30.
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This is a little confusing
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but it's actually really easy
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BSR right here.
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The stands for best sellers
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rank so Amazon
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basically tells you
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a BSR for every product.
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That's the only data that
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Amazon gives us and that's
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this is actually how these
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tools figure out how many
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are selling.
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So they have algorithms
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going on in the back end.
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But anyways the best sellers
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rank is is opposite.
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So if something has a best
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sellers rank of one I mean it
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is the best seller
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in that category.
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There's like 20 categories
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on Amazon so one
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is good. A million is bad
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because that's the millionth
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worst or best product.
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Selling on Amazon so
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essentially what we can
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look for here is how
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consistent have the sales
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been So essentially
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these these aren't too
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big of fluctuations
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in the rank here.
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But this this kind of shows
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like Hey they went out of
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stock there.
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So this is important
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to look at but not not very
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important. Basically you just
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want to see how long have
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they been selling for and
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have they been selling
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consistently.
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So this shows that they've
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been selling consistently
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unless when they've gone out
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of stock.
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OK. So we can
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go into that more later
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but that's just generally
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what to know about that.
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And then that also is the
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date listed on the right
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here. So you could tell.
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OK. Has this been selling for
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a while so you look at the
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date listed in the
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BSR and you could essentially
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see like this. OK.
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This has been making money
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for a while versus
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if it was just a for five
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days.
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So monthly revenue is the
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main one we're gonna look at
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here. Whenever I look at a
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market I
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look for the keywords that
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are people actually looking
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for this and then I look at
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monthly revenue.
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OK. So now
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OK there's money going
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through this market.
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Is it the largest home run
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market. No but there's
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revenue coming through here.
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And then what I will do
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is look at price.
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So what I can do here is
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look at the price and this
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will tell me over time.
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They never changed their
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price.
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That's OK. That's good to
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know. Some products will
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change their price like look
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at this one it changes
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price up and down it looks
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like they were testing and
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perhaps this was the best
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price that they found.
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So that's just kind
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of nice to know.
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SALES So here so
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you know how we saw that BSR
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earlier.
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Now the sales will tell you.
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OK. This is how many sales
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they've been doing over time.
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So how many sales per
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day.
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So essentially
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right there July
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4th a June 8.
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OK. So you could you get
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a good tell on
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how many sales per day people
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are doing.
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OK then review rate
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right here obviously just
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ranks the review rate.
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And then the review quantity
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right there.
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It'll tell you you could
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kind of see over time how
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many reviews. So this one has
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been. So what's kind
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of interesting about this product is
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I mean they've not had that
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many reviews ever.
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They got one a
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year ago and then you know
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they just are
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slowly trickling in.
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But if we take a look at their sales they've
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been selling.
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Look they were selling back
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when they didn't have that
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many reviews. They were still
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selling.
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So that's a good indicator to us. They
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are not getting many reviews
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and they're
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269
00:06:12,770 --> 00:06:13,770
still selling consistently.
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00:06:14,090 --> 00:06:15,889
So that's kind of something I am
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00:06:15,890 --> 00:06:16,529
looking out for.
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And yes.
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So that's just an overview of
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the tool. But if you're just
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00:06:21,141 --> 00:06:22,759
wondering you know just is
276
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00:06:22,760 --> 00:06:24,259
there money there. Like we
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277
00:06:24,260 --> 00:06:25,283
look at the monthly revenue.
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00:06:25,284 --> 00:06:26,579
That's something to look at.
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00:06:26,580 --> 00:06:27,509
And then these are other ones
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280
00:06:27,510 --> 00:06:28,581
if you're just kind of
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281
00:06:28,582 --> 00:06:29,582
wondering a
282
282
00:06:31,100 --> 00:06:32,100
little bit more about that product. OK.
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283
00:06:32,210 --> 00:06:33,562
So now what I kind of do is
284
284
00:06:33,580 --> 00:06:35,149
as we're
285
285
00:06:35,150 --> 00:06:35,949
looking through here earlier
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286
00:06:35,950 --> 00:06:36,711
we talked about
287
287
00:06:36,712 --> 00:06:37,910
self-expression versus
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00:06:37,920 --> 00:06:38,920
utilitarian
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289
00:06:39,800 --> 00:06:40,551
markets. So this one is
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00:06:40,552 --> 00:06:41,924
obviously self expression in
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291
00:06:42,440 --> 00:06:43,469
my opinion because as
292
292
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long as this thing is good
293
293
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you know it doesn't give
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294
00:06:47,450 --> 00:06:48,450
you rashes.
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295
00:06:49,400 --> 00:06:50,719
People are choosing what quotes
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296
00:06:50,720 --> 00:06:51,896
that they believe in the
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297
00:06:51,950 --> 00:06:53,175
most. And my mistake here
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298
00:06:53,840 --> 00:06:55,016
was I didn't really look
299
299
00:06:55,460 --> 00:06:56,734
at the reviews and see who
300
300
00:06:56,900 --> 00:06:57,978
were buying these so I
301
301
00:06:58,790 --> 00:06:59,959
made a motivational wristband that
302
302
00:06:59,960 --> 00:07:00,960
I thought I
303
303
00:07:01,490 --> 00:07:02,813
would like which was the 80
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304
00:07:02,870 --> 00:07:03,870
20 principle.
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305
00:07:04,200 --> 00:07:05,039
But here's the other thing
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306
00:07:05,040 --> 00:07:06,040
what we'll do is we
307
307
00:07:06,540 --> 00:07:07,880
go and look at the product.
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308
00:07:07,890 --> 00:07:08,890
OK.
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309
00:07:09,290 --> 00:07:10,662
So when we click on this and
310
310
00:07:11,540 --> 00:07:12,540
we read the reviews this
311
311
00:07:13,940 --> 00:07:14,940
is where we go now to find it like
312
312
00:07:14,941 --> 00:07:15,844
we said we want to find ways to improve the
313
313
00:07:17,090 --> 00:07:18,090
product and
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314
00:07:18,680 --> 00:07:19,970
make a variation or something
315
315
00:07:19,971 --> 00:07:20,971
that people that is
316
316
00:07:21,510 --> 00:07:22,289
not made yet.
317
317
00:07:22,290 --> 00:07:23,033
So we could take a look at
318
318
00:07:23,034 --> 00:07:24,699
this and this so
319
319
00:07:24,700 --> 00:07:25,790
here's another thing to look
320
320
00:07:25,791 --> 00:07:26,791
out for. This
321
321
00:07:27,890 --> 00:07:28,890
is not a very good description.
322
322
00:07:29,930 --> 00:07:30,889
These pictures are not the best we
323
323
00:07:30,890 --> 00:07:31,968
look right there. This
324
324
00:07:32,660 --> 00:07:34,032
isn't even rendered it is so
325
325
00:07:34,071 --> 00:07:35,629
fuzzy and these
326
326
00:07:35,630 --> 00:07:36,819
designs I mean you could've
327
327
00:07:36,830 --> 00:07:37,821
paid someone ten dollars to
328
328
00:07:37,822 --> 00:07:38,840
make these or made them
329
329
00:07:38,841 --> 00:07:40,049
yourself after watching a
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330
00:07:40,050 --> 00:07:40,969
YouTube video.
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331
00:07:40,970 --> 00:07:42,859
And so this
332
332
00:07:42,860 --> 00:07:43,489
looks like something I could
333
333
00:07:43,490 --> 00:07:45,149
easily compete in and
334
334
00:07:45,150 --> 00:07:46,150
still could.
335
335
00:07:46,290 --> 00:07:47,290
Now as
336
336
00:07:48,230 --> 00:07:49,230
we scroll down here.
337
337
00:07:49,580 --> 00:07:50,580
So you want
338
338
00:07:51,860 --> 00:07:52,639
to look at reviews in a market.
339
339
00:07:52,640 --> 00:07:54,061
So this is neat. We found one
340
340
00:07:54,082 --> 00:07:55,082
where personal
341
341
00:07:55,670 --> 00:07:56,960
expression or where we found
342
342
00:07:56,961 --> 00:07:58,382
one where self expression was
343
343
00:07:58,431 --> 00:08:00,019
important. Now we go
344
344
00:08:00,020 --> 00:08:01,250
and look at the reviews and
345
345
00:08:01,260 --> 00:08:02,260
these
346
346
00:08:03,200 --> 00:08:03,980
are nice quality and the
347
347
00:08:03,981 --> 00:08:05,170
messages on them are cutesy
348
348
00:08:05,320 --> 00:08:07,069
they obviously like the
349
349
00:08:07,070 --> 00:08:08,540
they like the quotes
350
350
00:08:08,550 --> 00:08:09,550
they put them around
351
351
00:08:10,220 --> 00:08:11,350
hydro fast water bottles.
352
352
00:08:12,500 --> 00:08:13,159
Interesting.
353
353
00:08:13,160 --> 00:08:14,160
The kids love them.
354
354
00:08:14,301 --> 00:08:15,889
And so
355
355
00:08:15,890 --> 00:08:17,262
it says the kids love having
356
356
00:08:17,300 --> 00:08:18,319
their own inspirational
357
357
00:08:18,320 --> 00:08:19,169
message.
358
358
00:08:19,170 --> 00:08:20,395
So someone is giving this
359
359
00:08:20,660 --> 00:08:21,660
to kids.
360
360
00:08:22,130 --> 00:08:23,451
So this is where you get an
361
361
00:08:23,452 --> 00:08:24,619
idea of. OK. Motivational
362
362
00:08:24,620 --> 00:08:25,619
wristbands.
363
363
00:08:25,620 --> 00:08:26,620
I thought Oh people
364
364
00:08:27,110 --> 00:08:28,110
like me are buying these.
365
365
00:08:28,300 --> 00:08:29,669
But as we dig in deeper here
366
366
00:08:29,670 --> 00:08:31,111
my students were
367
367
00:08:31,190 --> 00:08:32,562
so excited who's leaving the
368
368
00:08:32,601 --> 00:08:33,601
reviews here.
369
369
00:08:33,980 --> 00:08:35,839
Looks like probably
370
370
00:08:35,840 --> 00:08:37,190
teachers every talking about
371
371
00:08:37,191 --> 00:08:38,612
kids or meet to go at schools
372
372
00:08:38,960 --> 00:08:39,960
or whatnot.
373
373
00:08:40,299 --> 00:08:41,860
Now here it says nice but
374
374
00:08:41,870 --> 00:08:43,099
wish they were a little
375
375
00:08:43,100 --> 00:08:43,999
bigger.
376
376
00:08:44,000 --> 00:08:45,019
What else is there here.
377
377
00:08:45,680 --> 00:08:46,969
Good quality love them
378
378
00:08:47,420 --> 00:08:48,645
to each. Just in case you
379
379
00:08:48,650 --> 00:08:50,120
break them OK.
380
380
00:08:50,390 --> 00:08:51,889
Really small not like
381
381
00:08:51,890 --> 00:08:52,890
standard wrist bands.
382
382
00:08:53,150 --> 00:08:54,589
So you can get a hint here
383
383
00:08:54,590 --> 00:08:55,962
that this is teachers buying
384
384
00:08:56,240 --> 00:08:58,249
these for kids and
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385
00:08:58,700 --> 00:09:00,049
they wish they were bigger
386
386
00:09:00,140 --> 00:09:01,669
and didn't break as
387
387
00:09:01,670 --> 00:09:02,870
expected. Good quality.
388
388
00:09:03,110 --> 00:09:04,119
So some people are happy with
389
389
00:09:04,140 --> 00:09:05,759
some not so perhaps what
390
390
00:09:05,760 --> 00:09:07,519
we could do here is
391
391
00:09:07,730 --> 00:09:08,730
go in and make
392
392
00:09:09,350 --> 00:09:10,673
ones for teachers that have
393
393
00:09:10,730 --> 00:09:12,559
better quotes better designs
394
394
00:09:12,800 --> 00:09:13,800
and a little bit thicker.
395
395
00:09:14,170 --> 00:09:15,409
You know this is just how I
396
396
00:09:15,410 --> 00:09:17,019
initially start to analyze
397
397
00:09:17,020 --> 00:09:18,245
and gather ideas and then
398
398
00:09:18,590 --> 00:09:19,879
the other thing is as well.
399
399
00:09:20,180 --> 00:09:21,980
This person has a product
400
400
00:09:22,730 --> 00:09:24,260
that is selling OK
401
401
00:09:24,650 --> 00:09:25,650
and.
402
402
00:09:26,760 --> 00:09:27,479
It's selling.
403
403
00:09:27,480 --> 00:09:28,519
So here's the thing that else
404
404
00:09:28,530 --> 00:09:29,689
we can do now that we've
405
405
00:09:29,690 --> 00:09:31,320
found someone or even if
406
406
00:09:32,160 --> 00:09:33,239
you know you're just kind of
407
407
00:09:33,240 --> 00:09:34,049
generally curious.
408
408
00:09:34,050 --> 00:09:35,373
Well this person has made a
409
409
00:09:35,520 --> 00:09:36,509
product that's selling and
410
410
00:09:36,510 --> 00:09:37,833
making money and it doesn't
411
411
00:09:38,010 --> 00:09:38,909
cost much mate they're just
412
412
00:09:38,910 --> 00:09:40,184
these like 40 cent 30 cent
413
413
00:09:40,350 --> 00:09:41,339
wristbands.
414
414
00:09:41,340 --> 00:09:42,629
What we do now is we take a
415
415
00:09:42,630 --> 00:09:43,739
look at them. So we click
416
416
00:09:43,740 --> 00:09:45,299
there. So it says buy ink
417
417
00:09:45,300 --> 00:09:47,070
stone so we're gonna click
418
418
00:09:47,160 --> 00:09:48,160
on here and now
419
419
00:09:48,720 --> 00:09:49,980
we're gonna see this seller
420
420
00:09:50,130 --> 00:09:50,939
or the other way.
421
421
00:09:50,940 --> 00:09:52,080
Alternatively two
422
422
00:09:52,620 --> 00:09:53,940
on Amazon is
423
423
00:09:54,540 --> 00:09:56,129
you go over to the right hand
424
424
00:09:56,130 --> 00:09:57,130
side.
425
425
00:09:57,670 --> 00:09:58,509
This is what's called a
426
426
00:09:58,510 --> 00:09:59,710
cellar store front.
427
427
00:09:59,980 --> 00:10:01,359
So if we were locked up in
428
428
00:10:01,360 --> 00:10:02,159
stone that would've brought
429
429
00:10:02,160 --> 00:10:03,160
us to the brand.
430
430
00:10:03,370 --> 00:10:04,749
But if it was the brand was
431
431
00:10:04,750 --> 00:10:05,889
Nike. There's a lot of people
432
432
00:10:05,890 --> 00:10:06,789
selling those and a lot of
433
433
00:10:06,790 --> 00:10:07,599
products.
434
434
00:10:07,600 --> 00:10:08,619
But this will bring you to
435
435
00:10:08,620 --> 00:10:09,579
the actual person that's
436
436
00:10:09,580 --> 00:10:10,419
selling it.
437
437
00:10:10,420 --> 00:10:11,500
In case you were on a product
438
438
00:10:11,530 --> 00:10:12,910
that's not private label.
439
439
00:10:13,360 --> 00:10:14,889
But here's the key we want to
440
440
00:10:14,890 --> 00:10:16,059
find people who are private
441
441
00:10:16,060 --> 00:10:17,432
label sellers because that's
442
442
00:10:17,440 --> 00:10:18,440
what we're trying to do.
443
443
00:10:18,760 --> 00:10:20,360
So now we go here.
444
444
00:10:20,560 --> 00:10:22,450
Here's their page is overall.
445
445
00:10:22,930 --> 00:10:24,549
And now you can see their
446
446
00:10:24,550 --> 00:10:25,550
products.
447
447
00:10:25,570 --> 00:10:27,100
So we click products.
448
448
00:10:28,980 --> 00:10:30,479
Now what we can do here
449
449
00:10:30,720 --> 00:10:32,489
is we can see
450
450
00:10:32,520 --> 00:10:33,779
all the things that they sell
451
451
00:10:34,380 --> 00:10:35,790
and then now what we can do
452
452
00:10:36,030 --> 00:10:37,353
is see everything that this
453
453
00:10:37,380 --> 00:10:38,458
Amazon seller sells by
454
454
00:10:39,000 --> 00:10:40,379
clicking the chrome extension
455
455
00:10:40,380 --> 00:10:41,129
here.
456
456
00:10:41,130 --> 00:10:42,179
And now we're just looking at
457
457
00:10:42,180 --> 00:10:43,860
him and you can see that.
458
458
00:10:44,160 --> 00:10:45,299
Here's the key.
459
459
00:10:45,690 --> 00:10:47,250
The key to success on Amazon
460
460
00:10:47,490 --> 00:10:49,139
long term is finding
461
461
00:10:49,170 --> 00:10:50,248
a market where you can
462
462
00:10:50,820 --> 00:10:52,440
build a lot of products for
463
463
00:10:52,830 --> 00:10:53,759
and we'll talk about that
464
464
00:10:53,760 --> 00:10:55,019
later but when you're finding
465
465
00:10:55,020 --> 00:10:56,249
your first product don't be
466
466
00:10:56,250 --> 00:10:57,570
too focused on
467
467
00:10:57,900 --> 00:10:59,272
having to know exactly where
468
468
00:10:59,370 --> 00:11:00,119
you're going to build out all
469
469
00:11:00,120 --> 00:11:00,959
your products.
470
470
00:11:00,960 --> 00:11:01,769
That's just something for
471
471
00:11:01,770 --> 00:11:02,770
longer term.
472
472
00:11:02,940 --> 00:11:04,263
So we can see here that the
473
473
00:11:04,320 --> 00:11:05,639
seller is
474
474
00:11:06,330 --> 00:11:07,710
4000 a month on that
475
475
00:11:07,950 --> 00:11:08,950
5000 or
476
476
00:11:09,450 --> 00:11:10,469
4500.
477
477
00:11:10,710 --> 00:11:11,939
So if we start adding all of
478
478
00:11:11,940 --> 00:11:13,499
this up they
479
479
00:11:13,500 --> 00:11:14,676
have a lot of successful
480
480
00:11:14,880 --> 00:11:16,190
products here.
481
481
00:11:16,710 --> 00:11:17,910
Now are they home runs.
482
482
00:11:18,150 --> 00:11:19,799
No. But this is success on
483
483
00:11:19,800 --> 00:11:21,179
Amazon in my eyes for
484
484
00:11:21,600 --> 00:11:23,309
a beginner so I mean I had my
485
485
00:11:23,310 --> 00:11:24,620
exponential success
486
486
00:11:24,960 --> 00:11:26,730
but I like a lot of singles.
487
487
00:11:26,760 --> 00:11:27,760
You know you're not going.
488
488
00:11:27,850 --> 00:11:29,509
Not home runs are hard to get
489
489
00:11:29,520 --> 00:11:30,809
and they take a lot of work.
490
490
00:11:31,080 --> 00:11:32,549
But if you find these markets
491
491
00:11:32,550 --> 00:11:34,529
where you are able to
492
492
00:11:36,060 --> 00:11:37,649
you know go out and this is
493
493
00:11:37,650 --> 00:11:38,650
the perfect
494
494
00:11:39,290 --> 00:11:40,199
just example of
495
495
00:11:40,200 --> 00:11:41,369
self-expression because look
496
496
00:11:41,370 --> 00:11:42,269
there they're literally
497
497
00:11:42,270 --> 00:11:43,739
finding all these ways to
498
498
00:11:44,100 --> 00:11:45,299
to cut and slice
499
499
00:11:46,040 --> 00:11:46,889
a wristband.
500
500
00:11:46,890 --> 00:11:47,999
So they found one wristband
501
501
00:11:48,000 --> 00:11:49,176
supplier and now they're
502
502
00:11:49,200 --> 00:11:50,279
finding all these different
503
503
00:11:50,280 --> 00:11:51,779
markets where people want to
504
504
00:11:51,780 --> 00:11:52,679
express themselves
505
505
00:11:52,680 --> 00:11:53,429
differently and they're
506
506
00:11:53,430 --> 00:11:54,802
making you know if I were to
507
507
00:11:54,900 --> 00:11:56,669
just quickly add this up
508
508
00:11:58,320 --> 00:11:59,189
I've already done the math
509
509
00:11:59,190 --> 00:12:00,389
and they're making about 50
510
510
00:12:00,390 --> 00:12:01,319
percent margin on these
511
511
00:12:01,320 --> 00:12:02,320
because these are really.
512
512
00:12:02,490 --> 00:12:03,779
So what that means is
513
513
00:12:03,780 --> 00:12:04,860
essentially if the price is
514
514
00:12:04,890 --> 00:12:05,890
18 dollars a margin
515
515
00:12:06,630 --> 00:12:07,289
of 50.
516
516
00:12:07,290 --> 00:12:08,970
So essentially it says
517
517
00:12:09,060 --> 00:12:10,529
12 there and viral launch by
518
518
00:12:10,530 --> 00:12:11,755
the way but it's actually
519
519
00:12:12,120 --> 00:12:13,679
that's before unit cost
520
520
00:12:13,710 --> 00:12:14,579
and shipping.
521
521
00:12:14,580 --> 00:12:15,919
So that
522
522
00:12:16,170 --> 00:12:17,248
essentially 50 percent
523
523
00:12:17,460 --> 00:12:18,809
margin. So I mean that means
524
524
00:12:18,810 --> 00:12:19,619
they're making two thousand
525
525
00:12:19,620 --> 00:12:20,519
dollars a month they're two
526
526
00:12:20,520 --> 00:12:21,659
thousand two hundred
527
527
00:12:22,160 --> 00:12:23,039
thousand. You know that's
528
528
00:12:23,040 --> 00:12:24,029
already five grand that's 60
529
529
00:12:24,030 --> 00:12:24,899
grand a year just on their
530
530
00:12:24,900 --> 00:12:25,919
top three products.
531
531
00:12:26,280 --> 00:12:27,809
And what are those even they
532
532
00:12:27,810 --> 00:12:29,010
are just
533
533
00:12:29,440 --> 00:12:30,469
a soccer motivational
534
534
00:12:30,630 --> 00:12:32,069
wristbands volleyball
535
535
00:12:32,070 --> 00:12:33,840
motivational wristbands and
536
536
00:12:33,990 --> 00:12:35,313
Bible verses like you could
537
537
00:12:35,370 --> 00:12:36,570
have done that in a day.
538
538
00:12:37,230 --> 00:12:38,230
All right. That's.
539
539
00:12:39,570 --> 00:12:41,040
This I'm so surprised nobody
540
540
00:12:41,050 --> 00:12:42,669
nobody's taking this guy and
541
541
00:12:42,670 --> 00:12:44,200
does this anyways
542
542
00:12:44,530 --> 00:12:45,530
I digress.
543
543
00:12:45,800 --> 00:12:47,899
Now we've
544
544
00:12:47,900 --> 00:12:48,892
gone in and this is the
545
545
00:12:48,893 --> 00:12:49,849
technique. So you put in
546
546
00:12:49,850 --> 00:12:51,889
ideas that
547
547
00:12:51,890 --> 00:12:53,179
you can think of and then you
548
548
00:12:53,180 --> 00:12:54,209
can kind of dig in on
549
549
00:12:54,920 --> 00:12:57,259
their products and you'll
550
550
00:12:57,260 --> 00:12:58,260
start to. You
551
551
00:12:58,261 --> 00:12:58,975
can kind of go back and forth like
552
552
00:12:59,390 --> 00:13:00,713
that but you might run into
553
553
00:13:00,773 --> 00:13:01,773
some ruts and not have some
554
554
00:13:01,840 --> 00:13:03,011
the best ideas.
555
555
00:13:03,390 --> 00:13:04,390
So I suggest
556
556
00:13:05,690 --> 00:13:06,739
for beginners is going in
557
557
00:13:06,740 --> 00:13:07,640
using a tool like Viral
558
558
00:13:07,641 --> 00:13:08,811
Launch. And that's one that I
559
559
00:13:08,812 --> 00:13:10,309
suggest because they enable
560
560
00:13:10,310 --> 00:13:11,310
us to see the amount of sales
561
561
00:13:11,760 --> 00:13:12,760
and
562
562
00:13:13,250 --> 00:13:13,999
they allow us to do a lot more and
563
563
00:13:14,000 --> 00:13:15,649
find ideas that
564
564
00:13:15,650 --> 00:13:16,879
meet our criteria. And then instead
565
565
00:13:16,880 --> 00:13:18,022
of like trying to think of
566
566
00:13:18,023 --> 00:13:19,072
ideas and then hoping that
567
567
00:13:19,073 --> 00:13:20,494
they meet our criteria we can
568
568
00:13:20,690 --> 00:13:21,690
go the opposite way.
569
569
00:13:21,810 --> 00:13:23,181
So I'll show you guys how to
570
570
00:13:23,182 --> 00:13:24,289
do that by just putting the
571
571
00:13:24,290 --> 00:13:25,519
criteria you want and finding
572
572
00:13:25,520 --> 00:13:26,941
products that meet that we're
573
573
00:13:26,950 --> 00:13:27,829
in the viral launch discovery
574
574
00:13:27,830 --> 00:13:29,019
tool now and I see gave you
575
575
00:13:29,020 --> 00:13:30,020
guys a
576
576
00:13:30,680 --> 00:13:31,329
little tour of how it works.
577
577
00:13:31,330 --> 00:13:34,009
So on the side here they
578
578
00:13:34,010 --> 00:13:34,899
have this thing called product discovery
579
579
00:13:34,900 --> 00:13:35,900
and that's the one that
580
580
00:13:37,760 --> 00:13:38,689
is going to allow us to put it in our
581
581
00:13:38,690 --> 00:13:39,964
criteria and then shows us
582
582
00:13:40,103 --> 00:13:41,230
products that meet that
583
583
00:13:41,572 --> 00:13:43,399
criteria. They have market
584
584
00:13:43,400 --> 00:13:45,079
intelligence here which is
585
585
00:13:45,080 --> 00:13:45,739
just the chrome extension but
586
586
00:13:45,740 --> 00:13:47,539
in a more simplified way.
587
587
00:13:47,810 --> 00:13:48,937
And it's it's just much
588
588
00:13:49,730 --> 00:13:50,389
easier to use and analyze
589
589
00:13:50,390 --> 00:13:51,390
than the chrome
590
590
00:13:52,490 --> 00:13:53,359
extension on the Amazon Web
591
591
00:13:53,360 --> 00:13:54,049
site.
592
592
00:13:54,050 --> 00:13:55,422
And then we have the keyword
593
593
00:13:55,940 --> 00:13:57,049
research here where essentially
594
594
00:13:57,050 --> 00:13:58,050
we're
595
595
00:13:59,090 --> 00:14:00,090
going to be able to expand on words
596
596
00:14:00,270 --> 00:14:01,316
so you have an idea of a word
597
597
00:14:01,317 --> 00:14:02,029
for a market.
598
598
00:14:02,030 --> 00:14:03,030
It will show you all
599
599
00:14:03,031 --> 00:14:04,207
the other words that are related to that market and then
600
600
00:14:05,881 --> 00:14:07,204
how much search volume that
601
601
00:14:08,210 --> 00:14:09,179
there is for all those words.
602
602
00:14:09,180 --> 00:14:10,789
So you
603
603
00:14:10,790 --> 00:14:12,159
might not have the highest volume word and
604
604
00:14:12,170 --> 00:14:13,219
there might be another word or similar
605
605
00:14:13,220 --> 00:14:14,396
words. And that's that's
606
606
00:14:14,720 --> 00:14:15,720
a big expansive.
607
607
00:14:15,790 --> 00:14:16,909
So what we're gonna do here
608
608
00:14:16,910 --> 00:14:17,989
is I'm just gonna quickly
609
609
00:14:17,990 --> 00:14:18,990
illustrate.
610
610
00:14:19,770 --> 00:14:21,240
So the product discovery shows
611
611
00:14:21,410 --> 00:14:22,129
us products that meet our crushed
612
612
00:14:22,130 --> 00:14:23,750
it our product criteria
613
613
00:14:24,310 --> 00:14:25,434
and then they also have the
614
614
00:14:25,435 --> 00:14:27,309
product discovery where
615
615
00:14:27,320 --> 00:14:28,320
you can look up keywords.
616
616
00:14:30,890 --> 00:14:32,090
And then that will show us
617
617
00:14:32,200 --> 00:14:33,409
you know kind of bigger parts
618
618
00:14:33,410 --> 00:14:34,488
of Amazon that all the
619
619
00:14:34,970 --> 00:14:36,649
products on the page
620
620
00:14:36,950 --> 00:14:38,120
meet that criteria.
621
621
00:14:38,360 --> 00:14:39,259
And I'll go and show you guys
622
622
00:14:39,260 --> 00:14:40,260
how we use that.
623
623
00:14:40,890 --> 00:14:41,539
And yeah.
624
624
00:14:41,540 --> 00:14:42,679
So let's go ahead and do
625
625
00:14:42,680 --> 00:14:43,429
that.
626
626
00:14:43,430 --> 00:14:44,269
All right we're hopping into
627
627
00:14:44,270 --> 00:14:45,270
product discovery here.
628
628
00:14:45,290 --> 00:14:46,290
Give you a little tour.
629
629
00:14:46,400 --> 00:14:47,720
So this at the top.
630
630
00:14:47,930 --> 00:14:49,280
You can look for a product
631
631
00:14:50,120 --> 00:14:51,492
over here you can look for a
632
632
00:14:51,530 --> 00:14:53,209
keyword here
633
633
00:14:53,210 --> 00:14:54,169
you can look up a brand.
634
634
00:14:54,170 --> 00:14:55,460
This is a bit more advanced
635
635
00:14:55,730 --> 00:14:57,049
but essentially like we just
636
636
00:14:57,050 --> 00:14:58,226
looked at ink stone that
637
637
00:14:58,580 --> 00:14:59,960
brand earlier you can
638
638
00:15:00,050 --> 00:15:01,370
essentially find brands here.
639
639
00:15:01,640 --> 00:15:02,816
This is a more difficult
640
640
00:15:03,140 --> 00:15:04,309
tool. I don't suggest people
641
641
00:15:04,310 --> 00:15:05,310
use this in the beginning.
642
642
00:15:05,640 --> 00:15:06,559
I took me a while to learn
643
643
00:15:06,560 --> 00:15:07,339
how to use it. It is
644
644
00:15:07,340 --> 00:15:08,539
extremely powerful.
645
645
00:15:08,780 --> 00:15:09,789
But if you don't know what
646
646
00:15:09,790 --> 00:15:10,970
you're doing it is useless.
647
647
00:15:11,090 --> 00:15:12,769
So just do just
648
648
00:15:12,770 --> 00:15:14,390
stick to the product
649
649
00:15:14,450 --> 00:15:16,039
and the keyword categories
650
650
00:15:16,040 --> 00:15:17,089
can also be interesting.
651
651
00:15:17,120 --> 00:15:17,929
But yet again that's more
652
652
00:15:17,930 --> 00:15:19,069
advanced you'll learn how to
653
653
00:15:19,070 --> 00:15:20,359
use that earlier. But you can
654
654
00:15:20,360 --> 00:15:21,769
find so much with just
655
655
00:15:21,770 --> 00:15:22,770
product and keyword.
656
656
00:15:22,940 --> 00:15:23,940
So we'll stick to that.
657
657
00:15:24,020 --> 00:15:25,219
So what does this tool do
658
658
00:15:25,220 --> 00:15:25,999
exactly.
659
659
00:15:26,000 --> 00:15:26,839
So essentially this is a
660
660
00:15:26,840 --> 00:15:28,219
database of Amazon but now we
661
661
00:15:28,220 --> 00:15:29,779
can sort it by what we
662
662
00:15:29,780 --> 00:15:31,339
want instead of
663
663
00:15:31,340 --> 00:15:32,663
hoping and putting in words
664
664
00:15:32,690 --> 00:15:33,769
and hoping they meet what we
665
665
00:15:33,770 --> 00:15:35,029
want. So we could choose just
666
666
00:15:35,030 --> 00:15:36,229
the categories I'm going to
667
667
00:15:36,230 --> 00:15:37,489
quickly just choose office
668
668
00:15:37,490 --> 00:15:38,715
products because business
669
669
00:15:39,320 --> 00:15:40,489
to business is actually very
670
670
00:15:40,490 --> 00:15:41,813
underserved and if you have
671
671
00:15:42,080 --> 00:15:43,305
not seen my setup yet I'm
672
672
00:15:43,730 --> 00:15:44,960
an office geek and
673
673
00:15:45,500 --> 00:15:46,872
I like to just find products
674
674
00:15:47,210 --> 00:15:48,079
and office.
675
675
00:15:48,080 --> 00:15:49,849
Now what else we can do here
676
676
00:15:50,180 --> 00:15:52,100
is start to sort it by
677
677
00:15:52,610 --> 00:15:54,379
the don't don't put an asin
678
678
00:15:55,200 --> 00:15:56,419
for if you're a beginner
679
679
00:15:56,900 --> 00:15:58,429
monthly sales so
680
680
00:15:58,450 --> 00:15:59,389
this will be the number of
681
681
00:15:59,390 --> 00:16:00,390
units sold.
682
682
00:16:00,530 --> 00:16:01,489
Price revenue.
683
683
00:16:01,490 --> 00:16:03,019
So essentially you
684
684
00:16:03,020 --> 00:16:04,609
know how we said earlier you
685
685
00:16:04,640 --> 00:16:05,629
need there to be money but
686
686
00:16:05,630 --> 00:16:06,439
you don't want there to be
687
687
00:16:06,440 --> 00:16:07,440
too much money.
688
688
00:16:08,120 --> 00:16:09,519
So essentially three to ten
689
689
00:16:09,520 --> 00:16:10,309
thousand dollars.
690
690
00:16:10,310 --> 00:16:11,869
A quick note on Amazon
691
691
00:16:11,870 --> 00:16:12,709
you could expect to make
692
692
00:16:12,710 --> 00:16:14,059
about one third
693
693
00:16:14,240 --> 00:16:15,240
of the sales per
694
694
00:16:15,800 --> 00:16:16,699
month. So essentially if
695
695
00:16:16,700 --> 00:16:17,840
something selling for 10000
696
696
00:16:17,850 --> 00:16:19,070
hours a month in revenue
697
697
00:16:19,430 --> 00:16:20,419
you can expect that the
698
698
00:16:20,420 --> 00:16:21,619
profits would be about three
699
699
00:16:21,620 --> 00:16:22,620
thousand dollars a month.
700
700
00:16:23,000 --> 00:16:24,589
And then that's
701
701
00:16:24,590 --> 00:16:25,699
going to be something that's
702
702
00:16:25,700 --> 00:16:26,869
doable by a beginner.
703
703
00:16:27,350 --> 00:16:28,189
If you put in one hundred
704
704
00:16:28,190 --> 00:16:29,562
grand a month people get all
705
705
00:16:29,840 --> 00:16:31,099
jacked and they go after pet
706
706
00:16:31,100 --> 00:16:32,325
clubs but they don't have
707
707
00:16:32,630 --> 00:16:33,469
the money to do it.
708
708
00:16:33,470 --> 00:16:34,580
And they don't differentiate.
709
709
00:16:34,640 --> 00:16:36,012
So what we do then here show
710
710
00:16:36,230 --> 00:16:36,919
the products.
711
711
00:16:36,920 --> 00:16:38,330
This will show us products.
712
712
00:16:38,630 --> 00:16:39,799
Then there's other things
713
713
00:16:39,800 --> 00:16:41,123
that we can do over here in
714
714
00:16:41,330 --> 00:16:42,470
the advanced filters.
715
715
00:16:43,450 --> 00:16:45,049
Don't don't
716
716
00:16:45,050 --> 00:16:46,050
do that at very first.
717
717
00:16:46,660 --> 00:16:47,359
I mean if you feel and
718
718
00:16:47,360 --> 00:16:47,989
frisky.
719
719
00:16:47,990 --> 00:16:48,990
Go for it.
720
720
00:16:49,970 --> 00:16:51,559
But I like to keep it simple
721
721
00:16:51,570 --> 00:16:53,029
just to start get going on
722
722
00:16:53,030 --> 00:16:53,959
and ideas.
723
723
00:16:53,960 --> 00:16:54,919
And then when you have an
724
724
00:16:54,920 --> 00:16:56,243
idea maybe open the advance
725
725
00:16:56,270 --> 00:16:57,859
filter and put in one
726
726
00:16:57,860 --> 00:16:58,860
feature.
727
727
00:16:59,120 --> 00:17:00,120
OK so
728
728
00:17:01,250 --> 00:17:02,779
seat cushion I'm not too
729
729
00:17:02,780 --> 00:17:03,780
interested in that
730
730
00:17:04,579 --> 00:17:05,579
as a pancake.
731
731
00:17:06,200 --> 00:17:07,309
You had one job.
732
732
00:17:08,420 --> 00:17:09,420
That's actually pretty funny.
733
733
00:17:10,640 --> 00:17:12,259
Craft a
734
734
00:17:12,260 --> 00:17:13,309
holder for
735
735
00:17:14,060 --> 00:17:15,060
a holder for scissors.
736
736
00:17:15,079 --> 00:17:16,206
I never really would've
737
737
00:17:16,400 --> 00:17:17,868
thought of that tape
738
738
00:17:17,869 --> 00:17:18,869
dispensers sticky
739
739
00:17:19,609 --> 00:17:20,568
notes posted.
740
740
00:17:20,569 --> 00:17:22,009
I'm not that probably just
741
741
00:17:22,010 --> 00:17:23,059
sells well because it's the
742
742
00:17:23,060 --> 00:17:24,229
posted brand
743
743
00:17:24,650 --> 00:17:25,699
which is a criteria we'll
744
744
00:17:25,700 --> 00:17:26,700
talk about later.
745
745
00:17:26,810 --> 00:17:27,469
But essentially you don't
746
746
00:17:27,470 --> 00:17:28,639
want to go try to sell Nike
747
747
00:17:28,640 --> 00:17:30,260
shoes because
748
748
00:17:30,380 --> 00:17:31,069
it's Nike.
749
749
00:17:31,070 --> 00:17:32,249
People want Nike and you
750
750
00:17:32,330 --> 00:17:33,380
can't just make Nike shoes.
751
751
00:17:34,220 --> 00:17:34,879
Let's see this.
752
752
00:17:34,880 --> 00:17:36,140
So here's an interesting one.
753
753
00:17:36,170 --> 00:17:37,170
This is a
754
754
00:17:37,700 --> 00:17:38,779
Christian planner.
755
755
00:17:39,200 --> 00:17:40,249
So what we could do is we
756
756
00:17:40,250 --> 00:17:41,329
could click here and see it
757
757
00:17:41,330 --> 00:17:42,359
on Amazon or we could
758
758
00:17:42,950 --> 00:17:44,750
go here and see it on
759
759
00:17:45,110 --> 00:17:46,459
viral launch or we can click
760
760
00:17:46,460 --> 00:17:48,109
here and we could save it
761
761
00:17:48,470 --> 00:17:50,180
if we wanted to save this as
762
762
00:17:50,510 --> 00:17:51,510
a product.
763
763
00:17:52,040 --> 00:17:53,118
Now I never would have
764
764
00:17:53,420 --> 00:17:54,439
thought of Christian
765
765
00:17:54,440 --> 00:17:55,440
planners.
766
766
00:17:55,490 --> 00:17:56,209
That's interesting but
767
767
00:17:56,210 --> 00:17:57,499
apparently people are buying
768
768
00:17:57,500 --> 00:17:59,119
it. So if we go ahead
769
769
00:17:59,120 --> 00:18:00,469
and look at this on Amazon
770
770
00:18:00,470 --> 00:18:01,789
first All right we're on
771
771
00:18:01,790 --> 00:18:03,049
Amazon now we can see this
772
772
00:18:03,050 --> 00:18:04,226
product. Let me click on
773
773
00:18:04,670 --> 00:18:06,229
this so we could go ahead
774
774
00:18:06,260 --> 00:18:07,489
and then pull up the chrome
775
775
00:18:07,490 --> 00:18:09,049
extension or
776
776
00:18:09,320 --> 00:18:10,643
what we were doing on Viral
777
777
00:18:10,670 --> 00:18:11,959
Launch there we had pulled it
778
778
00:18:11,960 --> 00:18:13,069
up and market intelligence.
779
779
00:18:13,340 --> 00:18:14,809
So if you didn't want such a
780
780
00:18:14,810 --> 00:18:16,133
messy view you could see it
781
781
00:18:16,190 --> 00:18:17,089
here.
782
782
00:18:17,090 --> 00:18:18,079
And essentially what we can
783
783
00:18:18,080 --> 00:18:19,080
see is
784
784
00:18:19,700 --> 00:18:20,599
we could see the monthly
785
785
00:18:20,600 --> 00:18:21,600
sales there
786
786
00:18:22,310 --> 00:18:23,659
and they just launched this a
787
787
00:18:23,660 --> 00:18:25,219
couple of weeks ago and
788
788
00:18:25,220 --> 00:18:26,839
it's starting to take off and
789
789
00:18:26,840 --> 00:18:27,840
is selling.
790
790
00:18:28,030 --> 00:18:29,319
But how many companies are
791
791
00:18:29,330 --> 00:18:30,330
selling 10 12
792
792
00:18:30,830 --> 00:18:31,759
a day now.
793
793
00:18:31,760 --> 00:18:32,869
So they just launched this it
794
794
00:18:32,870 --> 00:18:34,130
doesn't have any reviews
795
795
00:18:34,730 --> 00:18:35,730
and.
796
796
00:18:37,010 --> 00:18:38,010
Yeah this is.
797
797
00:18:38,750 --> 00:18:39,769
I never really thought of
798
798
00:18:39,770 --> 00:18:40,770
Kirsten planners.
799
799
00:18:41,060 --> 00:18:42,285
So I would want to now go
800
800
00:18:42,890 --> 00:18:43,980
look into this market.
801
801
00:18:44,210 --> 00:18:45,740
So I saw one product.
802
802
00:18:45,830 --> 00:18:46,830
Now what is
803
803
00:18:47,420 --> 00:18:48,420
the market.
804
804
00:18:49,400 --> 00:18:50,400
Essentially what we
805
805
00:18:50,930 --> 00:18:52,106
can do now is go back to
806
806
00:18:52,220 --> 00:18:53,930
viral launch and put this
807
807
00:18:53,960 --> 00:18:55,730
in the keyword research tool.
808
808
00:18:56,030 --> 00:18:57,619
So now we determined it was
809
809
00:18:57,620 --> 00:18:58,620
a Christian planner.
810
810
00:18:58,760 --> 00:18:59,900
So we want to see other ones
811
811
00:18:59,930 --> 00:19:01,460
are or we could go to Amazon
812
812
00:19:01,750 --> 00:19:03,099
and type in Christian planner
813
813
00:19:03,140 --> 00:19:04,999
to actually do that first.
814
814
00:19:05,300 --> 00:19:06,410
So we type in Christian
815
815
00:19:06,710 --> 00:19:08,033
planner into Amazon because
816
816
00:19:08,300 --> 00:19:09,440
we don't want to just see one
817
817
00:19:09,740 --> 00:19:10,489
product.
818
818
00:19:10,490 --> 00:19:11,359
We want to see all the
819
819
00:19:11,360 --> 00:19:12,360
products for that.
820
820
00:19:12,890 --> 00:19:14,089
Okay. So we've clicked on
821
821
00:19:14,090 --> 00:19:15,320
this on viral launch and
822
822
00:19:15,740 --> 00:19:17,029
there doesn't seem to be too
823
823
00:19:17,030 --> 00:19:18,079
much revenue here.
824
824
00:19:18,410 --> 00:19:19,488
But this is where it's
825
825
00:19:19,910 --> 00:19:21,679
important to kind of dig
826
826
00:19:21,680 --> 00:19:22,759
a bit deeper so if we could
827
827
00:19:22,760 --> 00:19:23,760
see here
828
828
00:19:24,320 --> 00:19:25,741
we could see that there's two
829
829
00:19:25,940 --> 00:19:26,809
point seven thousand
830
830
00:19:26,810 --> 00:19:27,679
searches. So there is
831
831
00:19:27,680 --> 00:19:28,680
searches there.
832
832
00:19:29,030 --> 00:19:30,379
So what we could do now is go
833
833
00:19:30,380 --> 00:19:31,760
to the market trends.
834
834
00:19:31,850 --> 00:19:32,749
OK.
835
835
00:19:32,750 --> 00:19:33,828
And what we can see is
836
836
00:19:34,490 --> 00:19:35,490
that while sales
837
837
00:19:36,050 --> 00:19:37,422
might not be that high right
838
838
00:19:37,580 --> 00:19:39,230
now at
839
839
00:19:39,320 --> 00:19:40,320
the average.
840
840
00:19:40,340 --> 00:19:41,569
So this basically is just
841
841
00:19:41,570 --> 00:19:42,649
telling us the average on the
842
842
00:19:42,650 --> 00:19:43,650
first page.
843
843
00:19:43,850 --> 00:19:45,026
How many sales are those
844
844
00:19:45,170 --> 00:19:46,789
products on average
845
845
00:19:46,820 --> 00:19:48,139
doing so.
846
846
00:19:48,350 --> 00:19:50,119
Right now it's dead twelve.
847
847
00:19:50,780 --> 00:19:52,609
But last
848
848
00:19:52,610 --> 00:19:53,610
year.
849
849
00:19:53,780 --> 00:19:54,780
Whoa.
850
850
00:19:56,700 --> 00:19:57,700
It looks like they
851
851
00:19:58,290 --> 00:19:59,369
picked up quite a bit and
852
852
00:19:59,370 --> 00:20:01,020
they sold really well in.
853
853
00:20:02,710 --> 00:20:03,910
July and August.
854
854
00:20:05,150 --> 00:20:06,150
That's interesting.
855
855
00:20:06,360 --> 00:20:07,831
I have no idea why
856
856
00:20:08,520 --> 00:20:10,109
but
857
857
00:20:10,110 --> 00:20:11,110
now you have an idea of what the market is
858
858
00:20:11,270 --> 00:20:12,989
so this
859
859
00:20:12,990 --> 00:20:14,519
is where we're able to just kind of look and
860
860
00:20:14,520 --> 00:20:15,520
come up with ideas and
861
861
00:20:16,830 --> 00:20:17,669
get more information about these.
862
862
00:20:17,670 --> 00:20:18,670
So let's
863
863
00:20:20,520 --> 00:20:21,528
say we now have the idea of a Christian planner.
864
864
00:20:21,990 --> 00:20:23,189
I went into office products and met
865
865
00:20:23,190 --> 00:20:23,880
my criteria. And apparently
866
866
00:20:23,881 --> 00:20:24,869
there's a market for
867
867
00:20:24,870 --> 00:20:25,870
Christian planners.
868
868
00:20:27,250 --> 00:20:28,559
So if we put it into keyword
869
869
00:20:28,560 --> 00:20:29,670
research like I just did here
870
870
00:20:30,650 --> 00:20:31,953
now we're able to see other
871
871
00:20:31,954 --> 00:20:33,411
words just like that
872
872
00:20:33,430 --> 00:20:35,309
and we can sort it by
873
873
00:20:35,310 --> 00:20:36,559
the amount of searches on the
874
874
00:20:36,560 --> 00:20:37,560
Amazon algorithm.
875
875
00:20:37,570 --> 00:20:38,809
So now planners. Well there's
876
876
00:20:38,810 --> 00:20:39,810
a whole lot
877
877
00:20:40,320 --> 00:20:41,980
of planners apparently 2018
878
878
00:20:41,990 --> 00:20:43,070
monthly planners weekly
879
879
00:20:44,670 --> 00:20:45,549
planners. OK.
880
880
00:20:45,550 --> 00:20:46,550
So you start getting ideas
881
881
00:20:48,300 --> 00:20:49,300
of the different types of markets.
882
882
00:20:50,350 --> 00:20:51,350
Just what are the columns here.
883
883
00:20:51,650 --> 00:20:53,310
Just quickly essentially
884
884
00:20:53,500 --> 00:20:55,529
there are
885
885
00:20:55,530 --> 00:20:56,608
how relevant relevancy
886
886
00:20:57,180 --> 00:20:58,454
is how relevant is this to
887
887
00:20:59,230 --> 00:21:00,419
that keyword you put in the
888
888
00:21:00,420 --> 00:21:02,069
higher the relevancy the
889
889
00:21:02,070 --> 00:21:03,070
more close it is to
890
890
00:21:03,630 --> 00:21:04,760
what you typed in in.
891
891
00:21:05,260 --> 00:21:06,260
Yeah.
892
892
00:21:06,270 --> 00:21:07,642
So there's that and then the
893
893
00:21:07,780 --> 00:21:08,780
opportunity score is
894
894
00:21:09,750 --> 00:21:10,979
basically the higher the
895
895
00:21:10,980 --> 00:21:11,949
opportunity score means
896
896
00:21:11,950 --> 00:21:13,371
there's less people competing
897
897
00:21:14,070 --> 00:21:15,811
for that product
898
898
00:21:15,840 --> 00:21:17,110
or for this word
899
899
00:21:17,370 --> 00:21:18,791
comparatively to how many are
900
900
00:21:19,180 --> 00:21:20,180
selling.
901
901
00:21:20,480 --> 00:21:21,359
You don't need to know that. I just
902
902
00:21:21,360 --> 00:21:22,469
know that a higher opportunity
903
903
00:21:22,470 --> 00:21:23,812
score can mean it's better
904
904
00:21:24,120 --> 00:21:25,492
but it doesn't mean that you
905
905
00:21:25,650 --> 00:21:26,612
should go after it by any
906
906
00:21:26,613 --> 00:21:27,613
means. It's just like just
907
907
00:21:29,190 --> 00:21:30,190
kind of something interesting to look into.
908
908
00:21:30,480 --> 00:21:31,480
So they have oh
909
909
00:21:32,660 --> 00:21:33,934
they also have these bids.
910
910
00:21:34,500 --> 00:21:35,500
You can also kind
911
911
00:21:36,000 --> 00:21:36,991
of see what it would cost per
912
912
00:21:36,992 --> 00:21:38,279
click if you were to run an
913
913
00:21:38,280 --> 00:21:39,280
ad on it.
914
914
00:21:39,790 --> 00:21:40,473
And that's just a general
915
915
00:21:40,474 --> 00:21:41,474
idea. So just
916
916
00:21:42,930 --> 00:21:44,029
kind of interesting to see. So
917
917
00:21:44,030 --> 00:21:45,255
as we're going here we're
918
918
00:21:46,440 --> 00:21:47,440
able to find new
919
919
00:21:48,690 --> 00:21:49,321
words that are related to
920
920
00:21:49,322 --> 00:21:50,809
that. So a pocket calendar.
921
921
00:21:51,080 --> 00:21:52,080
I would never
922
922
00:21:52,081 --> 00:21:52,942
particularly thought of a pocket calendar
923
923
00:21:54,480 --> 00:21:56,429
a Life Planner who
924
924
00:21:56,440 --> 00:21:57,690
I do like life planners
925
925
00:21:57,730 --> 00:21:58,730
because I think a
926
926
00:21:58,731 --> 00:21:59,865
lot of people should think about what they're actually
927
927
00:22:00,601 --> 00:22:01,829
doing in life and why they're
928
928
00:22:01,830 --> 00:22:02,610
doing it. Like you guys
929
929
00:22:02,611 --> 00:22:05,099
should be I hope that
930
930
00:22:05,100 --> 00:22:06,180
you guys understand why you're taking this what
931
931
00:22:06,240 --> 00:22:07,259
you're hoping to get out of this and
932
932
00:22:07,260 --> 00:22:08,520
that whatever that is is that
933
933
00:22:08,521 --> 00:22:09,844
you hope that you guys make
934
934
00:22:10,050 --> 00:22:11,119
that and that happens.
935
935
00:22:11,440 --> 00:22:12,869
The 18 month planner.
936
936
00:22:13,170 --> 00:22:14,170
OK that's
937
937
00:22:14,700 --> 00:22:15,420
interesting. I've never
938
938
00:22:15,421 --> 00:22:16,842
thought a mom planner alright
939
939
00:22:17,550 --> 00:22:18,809
moms need different planners
940
940
00:22:18,810 --> 00:22:19,937
than do because they've
941
941
00:22:20,400 --> 00:22:21,629
got to take after kids like
942
942
00:22:21,630 --> 00:22:22,855
me. So I'm still a kid at
943
943
00:22:23,010 --> 00:22:24,010
heart. Christian
944
944
00:22:24,810 --> 00:22:26,182
planner so a 20 19 Christian
945
945
00:22:26,970 --> 00:22:27,970
planner. So you
946
946
00:22:29,400 --> 00:22:30,400
start to get these ideas.
947
947
00:22:32,600 --> 00:22:33,725
Now what we'll do is we'll go
948
948
00:22:33,726 --> 00:22:35,089
back over to the product discovery and
949
949
00:22:35,090 --> 00:22:35,969
I just wanted to show you.
950
950
00:22:35,970 --> 00:22:36,719
So this was keywords we just
951
951
00:22:36,720 --> 00:22:37,720
looked we found.
952
952
00:22:37,930 --> 00:22:38,930
I'll just draw it for you.
953
953
00:22:39,170 --> 00:22:40,329
So we found a product on
954
954
00:22:40,340 --> 00:22:41,340
Amazon that met our
955
955
00:22:42,000 --> 00:22:42,960
criteria. And then we expand
956
956
00:22:42,961 --> 00:22:44,849
out the words and then
957
957
00:22:44,850 --> 00:22:45,809
we kind of see like are any
958
958
00:22:45,810 --> 00:22:46,889
are there any good ideas
959
959
00:22:46,890 --> 00:22:47,890
similar to you
960
960
00:22:48,510 --> 00:22:49,510
know and this is all
961
961
00:22:49,621 --> 00:22:50,621
gathering.
962
962
00:22:50,700 --> 00:22:52,219
So you know you
963
963
00:22:52,220 --> 00:22:53,089
can save them and Viral
964
964
00:22:53,090 --> 00:22:54,090
Launch and
965
965
00:22:54,750 --> 00:22:55,741
analyze see what the sales
966
966
00:22:55,742 --> 00:22:57,114
are. And in this phase we're
967
967
00:22:57,220 --> 00:22:58,169
just in gathering.
968
968
00:22:58,170 --> 00:22:58,891
So I want to show you guys
969
969
00:22:58,892 --> 00:22:59,970
another way that we could go
970
970
00:22:59,971 --> 00:23:01,779
gather ideas back in
971
971
00:23:01,830 --> 00:23:02,960
product discovery.
972
972
00:23:03,920 --> 00:23:04,920
We go to the keyword now.
973
973
00:23:05,480 --> 00:23:06,754
So instead of finding just
974
974
00:23:06,840 --> 00:23:07,840
one product now
975
975
00:23:08,520 --> 00:23:09,409
we will start to find markets
976
976
00:23:09,410 --> 00:23:10,440
because I didn't mention this
977
977
00:23:10,460 --> 00:23:11,580
but in products sometimes
978
978
00:23:11,581 --> 00:23:13,289
you'll find one
979
979
00:23:13,290 --> 00:23:14,564
hit wonders. But then when
980
980
00:23:14,580 --> 00:23:15,899
you go and look at the product actually
981
981
00:23:15,900 --> 00:23:17,590
like this seat cushions is
982
982
00:23:17,600 --> 00:23:18,600
a
983
983
00:23:19,280 --> 00:23:20,149
very competitive market.
984
984
00:23:20,150 --> 00:23:21,179
And so that'll be the
985
985
00:23:21,212 --> 00:23:22,321
downfall when you're using
986
986
00:23:22,322 --> 00:23:23,547
the products you find you
987
987
00:23:23,650 --> 00:23:24,650
find good products sometimes
988
988
00:23:24,860 --> 00:23:26,183
but you also find some duds
989
989
00:23:26,700 --> 00:23:27,700
that
990
990
00:23:28,560 --> 00:23:29,569
are going to be more competitive. So while
991
991
00:23:29,580 --> 00:23:30,707
this seat cushion might
992
992
00:23:31,800 --> 00:23:33,349
be doing good and has you
993
993
00:23:33,350 --> 00:23:35,339
know low reviews and
994
994
00:23:35,340 --> 00:23:36,340
is doing pretty well on sales
995
995
00:23:36,540 --> 00:23:37,961
if we were to actually go and
996
996
00:23:38,100 --> 00:23:39,660
say wow look he's crushing it
997
997
00:23:39,970 --> 00:23:41,146
this might be because he
998
998
00:23:42,180 --> 00:23:43,380
has a brand or just
999
999
00:23:43,381 --> 00:23:44,179
has a lot of money to do giveaways and
1000
1000
00:23:45,750 --> 00:23:47,024
or is kind of manipulating
1001
1001
00:23:47,102 --> 00:23:48,102
the algorithm.
1002
1002
00:23:49,140 --> 00:23:50,969
We're not trying to play that game because
1003
1003
00:23:50,970 --> 00:23:51,959
if we go into this and we
1004
1004
00:23:51,960 --> 00:23:54,390
look up a seat cushion while
1005
1005
00:23:54,440 --> 00:23:55,440
it is leather.
1006
1006
00:23:55,760 --> 00:23:57,329
If
1007
1007
00:23:57,330 --> 00:23:58,330
we look at these I
1008
1008
00:23:59,610 --> 00:24:00,629
don't know how I'm really going
1009
1009
00:24:00,630 --> 00:24:01,630
to make a better seat cover.
1010
1010
00:24:03,040 --> 00:24:04,040
It's pretty utilitarian here.
1011
1011
00:24:04,830 --> 00:24:05,819
Maybe some form of choice but
1012
1012
00:24:05,820 --> 00:24:07,289
look at these review numbers.
1013
1013
00:24:08,750 --> 00:24:09,779
I feel like this with
1014
1014
00:24:10,380 --> 00:24:11,551
reviews are actually pretty
1015
1015
00:24:11,552 --> 00:24:12,662
important when it comes to
1016
1016
00:24:12,663 --> 00:24:13,937
these because you know how
1017
1017
00:24:14,040 --> 00:24:15,269
good is this actually at
1018
1018
00:24:15,270 --> 00:24:16,270
lifting your bum off
1019
1019
00:24:16,890 --> 00:24:17,970
the seat and keeping you
1020
1020
00:24:17,980 --> 00:24:19,160
could be nice and comfy.
1021
1021
00:24:19,940 --> 00:24:20,940
So this would be a
1022
1022
00:24:21,630 --> 00:24:23,002
tough market there where you
1023
1023
00:24:23,070 --> 00:24:23,789
need a lot of resources to
1024
1024
00:24:23,790 --> 00:24:24,539
compete.
1025
1025
00:24:24,540 --> 00:24:25,540
As we look at this I mean
1026
1026
00:24:25,541 --> 00:24:26,541
that's a lot of money. Two
1027
1027
00:24:27,490 --> 00:24:28,490
hundred forty one thousand dollars a month is
1028
1028
00:24:28,520 --> 00:24:29,892
you need a lot of units just
1029
1029
00:24:30,150 --> 00:24:31,375
to sell and compete here.
1030
1030
00:24:31,620 --> 00:24:32,845
So this is not a beginner
1031
1031
00:24:33,210 --> 00:24:34,210
market.
1032
1032
00:24:34,410 --> 00:24:35,721
So on this page
1033
1033
00:24:35,910 --> 00:24:37,749
everybody was doing really
1034
1034
00:24:37,750 --> 00:24:38,750
high revenue.
1035
1035
00:24:40,510 --> 00:24:41,175
That means you need a lot of
1036
1036
00:24:41,176 --> 00:24:42,169
money to compete.
1037
1037
00:24:42,170 --> 00:24:43,170
So how
1038
1038
00:24:44,160 --> 00:24:45,139
would we find a market where everybody
1039
1039
00:24:45,140 --> 00:24:46,140
is doing in our
1040
1040
00:24:46,920 --> 00:24:47,961
range that we're looking for.
1041
1041
00:24:48,770 --> 00:24:50,440
That's where you use the the
1042
1042
00:24:50,450 --> 00:24:51,450
product discovery.
1043
1043
00:24:52,560 --> 00:24:53,309
But we would go on the keyword
1044
1044
00:24:53,310 --> 00:24:54,310
now.
1045
1045
00:24:54,700 --> 00:24:55,829
So that would then have the whole average
1046
1046
00:24:55,830 --> 00:24:56,830
of all the
1047
1047
00:24:57,690 --> 00:24:58,979
products on the first page in
1048
1048
00:24:58,980 --> 00:25:00,107
our range. That's where
1049
1049
00:25:00,181 --> 00:25:01,473
you're gonna be able to find
1050
1050
00:25:01,474 --> 00:25:02,640
that. So I really like the
1051
1051
00:25:02,641 --> 00:25:03,800
keyword too as well.
1052
1052
00:25:05,040 --> 00:25:06,239
But I use both the product
1053
1053
00:25:06,300 --> 00:25:06,959
and the keyword.
1054
1054
00:25:06,960 --> 00:25:08,038
So you could look up a
1055
1055
00:25:08,430 --> 00:25:09,430
keyword phrase and
1056
1056
00:25:10,020 --> 00:25:11,339
put it in some word like if
1057
1057
00:25:11,340 --> 00:25:12,059
you wanted to look up for
1058
1058
00:25:12,060 --> 00:25:13,138
kits you could look up
1059
1059
00:25:13,680 --> 00:25:15,510
a kit and then
1060
1060
00:25:16,560 --> 00:25:18,089
or you know a container
1061
1061
00:25:18,120 --> 00:25:19,710
or whatever and then
1062
1062
00:25:19,950 --> 00:25:21,229
find work.
1063
1063
00:25:21,420 --> 00:25:22,859
Find keywords
1064
1064
00:25:23,190 --> 00:25:24,359
that are doing well your
1065
1065
00:25:24,360 --> 00:25:25,199
revenue would that you are
1066
1066
00:25:25,200 --> 00:25:26,880
looking for and match
1067
1067
00:25:26,910 --> 00:25:27,899
all your criteria.
1068
1068
00:25:27,900 --> 00:25:28,949
Or you could just not do a
1069
1069
00:25:28,950 --> 00:25:30,240
keyword. If you have no idea.
1070
1070
00:25:31,170 --> 00:25:32,400
So we could just have it.
1071
1071
00:25:32,670 --> 00:25:33,670
No keyword.
1072
1072
00:25:33,840 --> 00:25:34,920
And we could go back into
1073
1073
00:25:34,980 --> 00:25:36,200
office products now.
1074
1074
00:25:37,330 --> 00:25:38,319
Not sure why I just popped
1075
1075
00:25:38,320 --> 00:25:39,839
out so we could go back into
1076
1076
00:25:39,850 --> 00:25:41,569
office products and
1077
1077
00:25:41,570 --> 00:25:43,359
then average monthly revenue
1078
1078
00:25:43,620 --> 00:25:45,190
to three thousand.
1079
1079
00:25:46,640 --> 00:25:48,260
To ten
1080
1080
00:25:48,920 --> 00:25:49,999
thousand. Actually I would
1081
1081
00:25:50,000 --> 00:25:50,839
probably go a little bit
1082
1082
00:25:50,840 --> 00:25:52,390
lower here to
1083
1083
00:25:52,400 --> 00:25:54,090
about 7000 3000
1084
1084
00:25:54,170 --> 00:25:55,819
to 7000 because
1085
1085
00:25:55,820 --> 00:25:56,929
there's all sometimes there
1086
1086
00:25:56,930 --> 00:25:58,119
isn't someone who's
1087
1087
00:25:58,570 --> 00:25:59,729
selling fifty thousand
1088
1088
00:26:00,080 --> 00:26:01,549
on a page and
1089
1089
00:26:02,640 --> 00:26:03,289
you know that's going be
1090
1090
00:26:03,290 --> 00:26:04,339
harder to compete with so if
1091
1091
00:26:04,340 --> 00:26:05,910
I go three to seven thousand
1092
1092
00:26:07,550 --> 00:26:08,726
that's going to yeah you
1093
1093
00:26:08,960 --> 00:26:09,889
could test for yourself and
1094
1094
00:26:09,890 --> 00:26:11,269
just see but this would be
1095
1095
00:26:11,270 --> 00:26:12,593
more. Show us more beginner
1096
1096
00:26:13,130 --> 00:26:14,359
ones. Alright so here with
1097
1097
00:26:14,360 --> 00:26:15,529
the keyword tool we're just
1098
1098
00:26:15,530 --> 00:26:16,429
gonna go three to seven
1099
1099
00:26:16,430 --> 00:26:17,209
thousand.
1100
1100
00:26:17,210 --> 00:26:18,469
We could show a keyword match
1101
1101
00:26:18,470 --> 00:26:19,469
if we wanted to show all
1102
1102
00:26:19,470 --> 00:26:20,749
words that said like a kit or
1103
1103
00:26:20,750 --> 00:26:21,750
a container.
1104
1104
00:26:21,920 --> 00:26:22,729
Or we could look up
1105
1105
00:26:22,730 --> 00:26:24,004
everything with Barney but
1106
1106
00:26:24,080 --> 00:26:24,949
that's probably not going to
1107
1107
00:26:24,950 --> 00:26:26,539
show much anyways
1108
1108
00:26:27,170 --> 00:26:28,399
office products would be the
1109
1109
00:26:28,400 --> 00:26:29,478
category and now we'll
1110
1110
00:26:30,020 --> 00:26:31,330
see keywords.
1111
1111
00:26:31,520 --> 00:26:33,019
So this is a easier way
1112
1112
00:26:33,020 --> 00:26:34,098
to find markets versus
1113
1113
00:26:34,400 --> 00:26:35,400
products.
1114
1114
00:26:35,750 --> 00:26:37,024
And we could start to look
1115
1115
00:26:37,250 --> 00:26:39,109
at this as we're searching
1116
1116
00:26:39,110 --> 00:26:40,110
here now.
1117
1117
00:26:40,610 --> 00:26:43,009
We see keyring squared
1118
1118
00:26:43,050 --> 00:26:43,789
notebooks.
1119
1119
00:26:43,790 --> 00:26:44,900
I've never heard of that.
1120
1120
00:26:45,320 --> 00:26:46,490
I might look into that
1121
1121
00:26:46,880 --> 00:26:47,989
locker stuff.
1122
1122
00:26:49,270 --> 00:26:50,439
OK interesting.
1123
1123
00:26:50,530 --> 00:26:51,640
I'm going to look at.
1124
1124
00:26:51,700 --> 00:26:52,929
So there's also the average
1125
1125
00:26:52,930 --> 00:26:54,579
number of reviews the
1126
1126
00:26:54,580 --> 00:26:55,869
lower reviews the easier it
1127
1127
00:26:55,870 --> 00:26:56,870
is to compete.
1128
1128
00:26:56,950 --> 00:26:57,969
But the average number of
1129
1129
00:26:57,970 --> 00:26:59,719
sales is not high here.
1130
1130
00:27:00,130 --> 00:27:01,149
You see so this must be a
1131
1131
00:27:01,150 --> 00:27:02,150
really really
1132
1132
00:27:02,680 --> 00:27:03,609
expensive market.
1133
1133
00:27:03,610 --> 00:27:04,509
So that's not good.
1134
1134
00:27:04,510 --> 00:27:06,249
So maybe I would go back in
1135
1135
00:27:06,760 --> 00:27:07,810
and you know kind of may
1136
1136
00:27:07,900 --> 00:27:09,069
limit the price to seventy
1137
1137
00:27:09,070 --> 00:27:10,070
five dollars there.
1138
1138
00:27:10,330 --> 00:27:11,410
What we're seeing is here.
1139
1139
00:27:11,470 --> 00:27:12,989
So a reading rod while
1140
1140
00:27:13,030 --> 00:27:14,304
it may look good it's only
1141
1141
00:27:14,710 --> 00:27:16,010
got 30 searches there.
1142
1142
00:27:16,030 --> 00:27:16,959
If we look.
1143
1143
00:27:16,960 --> 00:27:18,160
So that's not good.
1144
1144
00:27:18,220 --> 00:27:19,641
That's not very many searches
1145
1145
00:27:19,780 --> 00:27:20,799
as we've talked about Blue
1146
1146
00:27:20,800 --> 00:27:21,800
Sky planner.
1147
1147
00:27:22,060 --> 00:27:23,349
That sounds like a brand to
1148
1148
00:27:23,350 --> 00:27:24,129
me.
1149
1149
00:27:24,130 --> 00:27:24,879
So you could just start to
1150
1150
00:27:24,880 --> 00:27:26,569
get ideas like the desk hat
1151
1151
00:27:26,590 --> 00:27:27,429
pad calendar.
1152
1152
00:27:27,430 --> 00:27:28,599
I know that's a good idea.
1153
1153
00:27:28,930 --> 00:27:29,859
I was gonna do those this
1154
1154
00:27:29,860 --> 00:27:30,860
year but I decided
1155
1155
00:27:31,450 --> 00:27:32,773
not to I decided to focus a
1156
1156
00:27:32,920 --> 00:27:34,269
lot of my time on this course
1157
1157
00:27:34,300 --> 00:27:35,259
instead.
1158
1158
00:27:35,260 --> 00:27:37,119
But that's a market a table
1159
1159
00:27:37,120 --> 00:27:38,120
10 laying
1160
1160
00:27:38,770 --> 00:27:40,319
calendar office products
1161
1161
00:27:40,330 --> 00:27:41,469
what else do we have here
1162
1162
00:27:41,860 --> 00:27:43,719
geometric shape blocks.
1163
1163
00:27:44,620 --> 00:27:46,390
Office organizer Wal-Mart.
1164
1164
00:27:47,520 --> 00:27:48,520
Dividers
1165
1165
00:27:49,620 --> 00:27:50,620
sticky notes.
1166
1166
00:27:51,140 --> 00:27:52,019
That's interesting. So we could
1167
1167
00:27:52,020 --> 00:27:53,099
just start to you know kind
1168
1168
00:27:53,100 --> 00:27:54,100
of expand out a
1169
1169
00:27:54,900 --> 00:27:56,579
protractor classroom set.
1170
1170
00:27:57,270 --> 00:27:58,129
I mean that does.
1171
1171
00:27:58,130 --> 00:27:59,209
I don't think anybody's too
1172
1172
00:27:59,210 --> 00:28:00,210
focused on a
1173
1173
00:28:01,050 --> 00:28:02,275
brand there. So you could
1174
1174
00:28:02,340 --> 00:28:03,352
just start to see there's
1175
1175
00:28:05,220 --> 00:28:06,079
a lot of opportunities here and
1176
1176
00:28:06,080 --> 00:28:06,989
I don't want to go on too long
1177
1177
00:28:06,990 --> 00:28:08,220
here but you
1178
1178
00:28:10,410 --> 00:28:11,831
can definitely see that as we
1179
1179
00:28:11,881 --> 00:28:13,819
go on here there's
1180
1180
00:28:14,130 --> 00:28:15,130
a lot of ways to bend
1181
1181
00:28:15,780 --> 00:28:16,412
our mind. There's a lot of
1182
1182
00:28:16,413 --> 00:28:17,736
ways to expand our mind and
1183
1183
00:28:18,390 --> 00:28:19,468
find new product ideas
1184
1184
00:28:19,469 --> 00:28:20,225
that we haven't thought of. And it's
1185
1185
00:28:21,180 --> 00:28:22,180
just you know it's
1186
1186
00:28:22,740 --> 00:28:23,740
all about expanding.
1187
1187
00:28:24,310 --> 00:28:25,079
Don't be too limiting right
1188
1188
00:28:25,080 --> 00:28:26,729
now. I just
1189
1189
00:28:26,730 --> 00:28:27,390
kind of focus and get your
1190
1190
00:28:27,391 --> 00:28:28,391
mind flowing.
1191
1191
00:28:28,430 --> 00:28:29,632
And then in the next video
1192
1192
00:28:29,670 --> 00:28:31,349
once you've gathered ideas
1193
1193
00:28:31,350 --> 00:28:33,599
will well kind of you
1194
1194
00:28:33,600 --> 00:28:34,600
know. OK. Do we
1195
1195
00:28:35,130 --> 00:28:35,789
actually go after this. But
1196
1196
00:28:35,790 --> 00:28:36,790
it don't limit.
1197
1197
00:28:37,010 --> 00:28:38,180
Don't limit your creativity.
1198
1198
00:28:39,140 --> 00:28:40,029
Start having some fun and
1199
1199
00:28:40,030 --> 00:28:41,213
seeing what you can do.
1200
1200
00:28:41,520 --> 00:28:42,150
So if you watch at this point
1201
1201
00:28:42,151 --> 00:28:42,991
you're thinking about
1202
1202
00:28:42,992 --> 00:28:44,061
starting your Amazon business
1203
1203
00:28:44,260 --> 00:28:45,159
most likely.
1204
1204
00:28:45,160 --> 00:28:46,439
And what I've learned and I
1205
1205
00:28:46,440 --> 00:28:47,494
can tell you from all my
1206
1206
00:28:47,495 --> 00:28:48,495
business things it's
1207
1207
00:28:49,800 --> 00:28:50,769
kind of you go and you learn
1208
1208
00:28:50,770 --> 00:28:52,469
and you get ideas but ideas
1209
1209
00:28:52,480 --> 00:28:53,480
just kind of come
1210
1210
00:28:54,300 --> 00:28:55,300
through our heads with.
1211
1211
00:28:55,330 --> 00:28:56,702
If we don't take action then
1212
1212
00:28:56,790 --> 00:28:57,790
the information just
1213
1213
00:28:58,440 --> 00:28:59,369
gets lost or becomes
1214
1214
00:28:59,370 --> 00:29:00,370
irrelevant or we get
1215
1215
00:29:00,841 --> 00:29:01,951
overwhelmed and we don't take
1216
1216
00:29:01,952 --> 00:29:03,179
action. And the most action
1217
1217
00:29:03,180 --> 00:29:04,307
that I found through my
1218
1218
00:29:04,561 --> 00:29:06,449
Amazon business through literally
1219
1219
00:29:06,450 --> 00:29:07,079
everything that I've done.
1220
1220
00:29:07,080 --> 00:29:08,339
It's about going out taking
1221
1221
00:29:08,340 --> 00:29:09,340
action and getting feedback
1222
1222
00:29:09,380 --> 00:29:10,929
so we get ideas and then
1223
1223
00:29:10,930 --> 00:29:11,849
we.
1224
1224
00:29:11,850 --> 00:29:12,709
Is that good or not. And then
1225
1225
00:29:12,710 --> 00:29:14,579
it's just this iteration
1226
1226
00:29:14,580 --> 00:29:15,707
over time so now I want
1227
1227
00:29:16,051 --> 00:29:17,339
to ask you guys to go get at
1228
1228
00:29:17,340 --> 00:29:18,259
least five product ideas
1229
1229
00:29:18,260 --> 00:29:19,372
before the next video.
1230
1230
00:29:20,140 --> 00:29:21,363
If we continue to just go and
1231
1231
00:29:21,364 --> 00:29:22,785
watch and think about getting
1232
1232
00:29:22,830 --> 00:29:24,251
product ideas someday then it
1233
1233
00:29:24,840 --> 00:29:25,649
never happens. If you go and
1234
1234
00:29:25,650 --> 00:29:26,759
start and find just five
1235
1235
00:29:26,760 --> 00:29:28,739
videos they
1236
1236
00:29:28,740 --> 00:29:29,740
don't even need to make it. Just
1237
1237
00:29:29,741 --> 00:29:30,434
go get some ideas and start to go
1238
1238
00:29:31,420 --> 00:29:32,596
analyze and dig down and
1239
1239
00:29:33,270 --> 00:29:34,700
see why is a product good
1240
1240
00:29:34,750 --> 00:29:36,209
why is a market good or like
1241
1241
00:29:36,210 --> 00:29:37,582
what would just what are the
1242
1242
00:29:38,130 --> 00:29:40,229
possibilities that's
1243
1243
00:29:40,230 --> 00:29:41,112
going to be the most beneficial thing than
1244
1244
00:29:41,113 --> 00:29:42,096
going and watching other
1245
1245
00:29:42,240 --> 00:29:43,612
videos. Now what we're gonna
1246
1246
00:29:44,400 --> 00:29:45,629
do in the next video is we're gonna
1247
1247
00:29:45,630 --> 00:29:46,630
show you guys how to analyze
1248
1248
00:29:46,670 --> 00:29:47,670
if
1249
1249
00:29:48,390 --> 00:29:50,429
this is actually a good idea to go after we'll
1250
1250
00:29:50,430 --> 00:29:51,349
show you some ideas that are you know good
1251
1251
00:29:51,350 --> 00:29:52,143
and some ideas that are
1252
1252
00:29:52,144 --> 00:29:53,152
probably not the best.
1253
1253
00:29:53,780 --> 00:29:54,541
And that's going to be what
1254
1254
00:29:54,542 --> 00:29:55,542
we're going to do.
1255
1255
00:29:56,020 --> 00:29:57,449
All right. Hey I am in
1256
1256
00:29:57,450 --> 00:29:58,439
Minnesota and given an update
1257
1257
00:29:58,440 --> 00:29:59,570
to this video so you
1258
1258
00:29:59,571 --> 00:30:00,600
guys are going to be needing to get a tool now to
1259
1259
00:30:02,400 --> 00:30:03,400
get the data because
1260
1260
00:30:03,970 --> 00:30:04,970
we
1261
1261
00:30:05,460 --> 00:30:06,509
need to know exactly how much things are
1262
1262
00:30:06,510 --> 00:30:07,510
selling to
1263
1263
00:30:08,340 --> 00:30:09,209
make an educated decision. Now we're
1264
1264
00:30:09,210 --> 00:30:10,288
going to need to get a
1265
1265
00:30:10,294 --> 00:30:11,617
product research tool and a
1266
1266
00:30:11,730 --> 00:30:12,906
sales estimate. Now this
1267
1267
00:30:13,470 --> 00:30:14,849
is the most important part and
1268
1268
00:30:14,850 --> 00:30:15,899
every single Amazon seller
1269
1269
00:30:15,900 --> 00:30:16,900
has this.
1270
1270
00:30:17,000 --> 00:30:18,372
You need to know what things
1271
1271
00:30:18,810 --> 00:30:19,810
are selling. There's
1272
1272
00:30:21,810 --> 00:30:22,999
lots of tools and things that you can go out and buy in
1273
1273
00:30:23,000 --> 00:30:23,849
to build your business. And I'm
1274
1274
00:30:23,850 --> 00:30:24,850
always a fan of
1275
1275
00:30:25,321 --> 00:30:27,329
buying machines and
1276
1276
00:30:27,330 --> 00:30:28,069
tools instead of people
1277
1277
00:30:28,070 --> 00:30:29,939
because they're
1278
1278
00:30:29,940 --> 00:30:30,940
pretty accurate.
1279
1279
00:30:31,010 --> 00:30:32,235
But this this is the only
1280
1280
00:30:32,463 --> 00:30:33,884
tool that's truly required to
1281
1281
00:30:34,440 --> 00:30:35,861
be a sellers you need to know
1282
1282
00:30:35,911 --> 00:30:37,530
the data. So that's we're
1283
1283
00:30:37,550 --> 00:30:38,239
going use.
1284
1284
00:30:38,240 --> 00:30:39,279
There's two options. There's Viral
1285
1285
00:30:39,280 --> 00:30:40,849
Launch and there is Helium
1286
1286
00:30:40,850 --> 00:30:42,359
10. OK so
1287
1287
00:30:42,360 --> 00:30:43,622
you're going to be able to
1288
1288
00:30:43,623 --> 00:30:44,579
choose which one you want and
1289
1289
00:30:44,580 --> 00:30:45,854
we'll have a little post a
1290
1290
00:30:46,650 --> 00:30:48,022
little text post and showing
1291
1291
00:30:48,780 --> 00:30:50,249
you the best deal on those and your
1292
1292
00:30:50,250 --> 00:30:51,250
options. Basically
1293
1293
00:30:51,930 --> 00:30:52,709
what we want to do is get a sales
1294
1294
00:30:52,710 --> 00:30:54,509
estimate her which is Chrome
1295
1295
00:30:54,510 --> 00:30:55,882
extension which allows us to
1296
1296
00:30:55,923 --> 00:30:56,759
see how much a product is
1297
1297
00:30:56,760 --> 00:30:57,760
selling. OK.
1298
1298
00:30:58,090 --> 00:30:58,829
We also want to be getting whatever
1299
1299
00:30:58,830 --> 00:31:00,055
plan you choose with each
1300
1300
00:31:00,243 --> 00:31:01,499
one. Make sure you're getting
1301
1301
00:31:01,500 --> 00:31:02,459
the keyword data.
1302
1302
00:31:02,460 --> 00:31:03,659
Because we wouldn't need to
1303
1303
00:31:03,660 --> 00:31:04,934
know not only how much our
1304
1304
00:31:05,160 --> 00:31:06,361
products selling but we need
1305
1305
00:31:06,362 --> 00:31:07,734
to know the keywords because
1306
1306
00:31:08,880 --> 00:31:09,609
we've identified that those are
1307
1307
00:31:09,610 --> 00:31:10,688
markets a product will
1308
1308
00:31:11,510 --> 00:31:12,721
sell through many keywords.
1309
1309
00:31:13,500 --> 00:31:15,019
So we need to know if there's
1310
1310
00:31:15,030 --> 00:31:16,051
only one search a month and
1311
1311
00:31:16,110 --> 00:31:17,482
all those things are selling
1312
1312
00:31:17,581 --> 00:31:18,723
a lot. It might look like a
1313
1313
00:31:18,724 --> 00:31:20,241
good market to go into
1314
1314
00:31:20,560 --> 00:31:21,779
but you realize oh wait
1315
1315
00:31:21,780 --> 00:31:23,103
that's not a market there's
1316
1316
00:31:23,430 --> 00:31:24,430
only one person looking at month.
1317
1317
00:31:25,250 --> 00:31:26,069
So you need to get the keyword
1318
1318
00:31:26,070 --> 00:31:27,709
data and need a
1319
1319
00:31:27,710 --> 00:31:28,560
sales estimate. So when we
1320
1320
00:31:28,561 --> 00:31:29,699
know how much something is
1321
1321
00:31:29,700 --> 00:31:31,080
selling like a product design
1322
1322
00:31:31,120 --> 00:31:32,541
we know hey this is getting a
1323
1323
00:31:32,581 --> 00:31:33,589
lot of sales. Then if we use
1324
1324
00:31:33,590 --> 00:31:34,590
keyword tools we
1325
1325
00:31:35,730 --> 00:31:36,730
can see oh
1326
1326
00:31:37,490 --> 00:31:38,579
here's where the volume and
1327
1327
00:31:38,580 --> 00:31:39,580
the people are looking. OK.
1328
1328
00:31:39,720 --> 00:31:41,100
And then that's all great.
1329
1329
00:31:41,270 --> 00:31:42,780
And then we also both
1330
1330
00:31:42,790 --> 00:31:43,750
of the tools will have
1331
1331
00:31:43,751 --> 00:31:45,779
methods to
1332
1332
00:31:45,780 --> 00:31:46,907
search through keywords
1333
1333
00:31:47,460 --> 00:31:49,849
and find markets and
1334
1334
00:31:49,850 --> 00:31:51,030
they'll also have ability to
1335
1335
00:31:51,031 --> 00:31:52,031
find products.
1336
1336
00:31:52,160 --> 00:31:53,581
So if you find a product that
1337
1337
00:31:54,000 --> 00:31:55,421
sells through keywords or you
1338
1338
00:31:56,280 --> 00:31:57,329
can find keywords and then find the
1339
1339
00:31:57,330 --> 00:31:58,653
products on there. So those
1340
1340
00:31:59,160 --> 00:32:00,299
are the two types of methods we're gonna
1341
1341
00:32:00,300 --> 00:32:02,009
be using Viral Launch in
1342
1342
00:32:02,240 --> 00:32:03,563
the one that we've recorded
1343
1343
00:32:03,580 --> 00:32:04,740
like this but either tool
1344
1344
00:32:04,741 --> 00:32:06,569
Helium 10 or
1345
1345
00:32:06,570 --> 00:32:07,570
viral launch will work better.
1346
1346
00:32:07,870 --> 00:32:09,989
I like Helium 10 has
1347
1347
00:32:09,990 --> 00:32:11,411
more features but it's not as
1348
1348
00:32:11,670 --> 00:32:12,680
beautiful user interface.
1349
1349
00:32:13,110 --> 00:32:14,286
Viral launch does have a
1350
1350
00:32:14,432 --> 00:32:15,432
nicer user interfaces.
1351
1351
00:32:16,330 --> 00:32:17,653
It can be easier to use but
1352
1352
00:32:18,060 --> 00:32:19,060
you're going
1353
1353
00:32:19,061 --> 00:32:20,048
to have to go ahead and make your own choice. I
1354
1354
00:32:20,670 --> 00:32:21,670
believe at
1355
1355
00:32:22,440 --> 00:32:23,440
the time of this recording we
1356
1356
00:32:24,510 --> 00:32:25,679
have a 50 percent discount for
1357
1357
00:32:25,680 --> 00:32:26,680
Helium 10. And then there
1358
1358
00:32:28,050 --> 00:32:28,829
is a 15 percent off lifetime
1359
1359
00:32:28,830 --> 00:32:29,830
for Viral Launch.
1360
1360
00:32:29,960 --> 00:32:31,234
So we'll compare the plans
1361
1361
00:32:31,680 --> 00:32:32,680
in the next post and
1362
1362
00:32:33,510 --> 00:32:34,739
you guys can make a decision for
1363
1363
00:32:34,740 --> 00:32:35,740
yourself. But this
1364
1364
00:32:37,260 --> 00:32:38,260
is the one thing that is required. So go
1365
1365
00:32:39,600 --> 00:32:40,923
ahead and get that and then
1366
1366
00:32:41,071 --> 00:32:41,719
go get some ideas now that
1367
1367
00:32:41,720 --> 00:32:42,720
you know what to look for.
1368
1368
00:32:42,780 --> 00:32:43,956
And yeah look forward to
1369
1369
00:32:44,102 --> 00:32:45,330
seeing the next video and
1370
1370
00:32:45,400 --> 00:32:46,772
hope you guys find some cool
1371
1371
00:32:46,950 --> 00:32:47,950
ideas. Oh yeah.
1372
1372
00:32:47,990 --> 00:32:48,769
Some people might be
1373
1373
00:32:48,770 --> 00:32:49,880
wondering about jungle scout.
1374
1374
00:32:49,940 --> 00:32:50,940
I forgot to mention them.
1375
1375
00:32:51,380 --> 00:32:52,359
Read the post.
1376
1376
00:32:52,360 --> 00:32:53,569
We will make it clear of our
1377
1377
00:32:53,570 --> 00:32:54,746
opinions and thoughts on
1378
1378
00:32:54,920 --> 00:32:56,096
that. Most porn thing is
1379
1379
00:32:56,270 --> 00:32:56,899
here.
1380
1380
00:32:56,900 --> 00:32:58,789
Don't get into analysis
1381
1381
00:32:58,910 --> 00:33:00,559
paralysis and also
1382
1382
00:33:00,560 --> 00:33:01,399
the other tools.
1383
1383
00:33:01,400 --> 00:33:02,599
Other than that I don't
1384
1384
00:33:02,600 --> 00:33:03,739
suggest any of them because
1385
1385
00:33:04,160 --> 00:33:05,720
the accuracy of their data
1386
1386
00:33:06,050 --> 00:33:07,759
is it's not
1387
1387
00:33:07,850 --> 00:33:09,271
accurate and you need to have
1388
1388
00:33:09,410 --> 00:33:10,789
an accurate sales tool.
1389
1389
00:33:11,120 --> 00:33:12,859
So those are the only
1390
1390
00:33:12,860 --> 00:33:13,939
three that I know of and
1391
1391
00:33:13,940 --> 00:33:15,730
trust. I know CEOs
1392
1392
00:33:15,740 --> 00:33:16,909
of all of them very great
1393
1393
00:33:16,910 --> 00:33:17,569
people.
1394
1394
00:33:17,570 --> 00:33:18,942
Their tools are all good and
1395
1395
00:33:19,220 --> 00:33:20,239
we have a pretty clear
1396
1396
00:33:20,240 --> 00:33:21,680
decision matrix for you guys
1397
1397
00:33:21,800 --> 00:33:23,329
in the next post so hope
1398
1398
00:33:23,330 --> 00:33:24,019
you guys enjoy.
1399
1399
00:33:24,020 --> 00:33:25,119
And onto the next video.
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