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1 1
I want to do a quick overview so 2
2
that everybody is on the same page here. 3
3
So just want to say this so 4
4
the way that shopping on the Internet in 5
5
the United States works is 55 6
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percent of all online searches start at the Amazon 7
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search bar. 8
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And so essentially if 9
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people are looking on the internet for a product 10
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they're going to Amazon. 11
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And what makes it so great compared to everywhere 12
12
else on the Internet is that it 13
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has a 14
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74 percent conversion rate among prime members which is 15
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bananas 16
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because the average conversion 17
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is three point three 18
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two percent for most 19
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e-commerce Web sites so 20
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when people are coming here they're ready to buy. 21
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They're not searching for like to 22
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you know solve problems. 23
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They know what their problem is 24
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and they're looking for the solution. 25
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And that's why it's so powerful 26
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and even among non prime 27
27
members it's 13 percent 28
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and there's over 100 million prime 29
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members in the U.S. you sell selling 30
30
products on the Internet in the United States. 31
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You got to be on Amazon. 32
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So there's 33
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five hundred and sixty two million products on Amazon. 34
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I was there as of earlier this year. 35
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It's probably a lot more a 36
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lot of people think that's like oh no there's 37
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no room for more. 38
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There's plenty of room for more. And you guys all learn 39
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throughout this course how 40
40
we find those good opportunities. 41
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But with five hundred and 42
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sixty two million products Amazon it's like that what's 43
43
the problem. So when somebody looks up a word 44
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how do 45
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they decide what to show was pretty easy. 46
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This is literally it. 47
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So what sells what 48
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sells. 49
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So but what what do you mean what 50
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sells. Well what sells. 51
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When people look at pet gloves Amazon 52
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says well when people look at pet 53
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gloves what 54
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are the best selling products for pet gloves. 55
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And that's pretty much as simple as it goes. 56
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At the end of the day there's 57
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some other factors. 58
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But this is pretty much 90 59
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percent of everything that the way the Amazon 60
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algorithm works is just what's 61
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the best selling stuff. They give 62
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a new chance to the new products and you guys learn 63
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everything about how to launch products and whatnot 64
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throughout it. 65
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So why 66
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does it show what sells the best. 67
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Because the main concept 68
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with Amazon is 69
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that customers are 70
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the number one important thing. That's how they built 71
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their entire platform is 72
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by being the best the most customer 73
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centric business in the world. 74
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And they do always 75
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and just everything to 76
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make the customer happy. 77
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That's why you know if you've ever used Amazon 78
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you love it. 79
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So by doing this by showing 80
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the ones that people are most likely to buy when they 81
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search. That's good because 82
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that when people are 83
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looking for something they're coming there to buy 84
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something. So they 85
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obviously want to show what sells the best. 86
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And so we'll show you how 87
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to find good products and the right ways to do it. 88
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So but one other 89
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concept to quickly note here is that people 90
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look through keywords as we 91
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mentioned before. OK. 92
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So what is a keyword. 93
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Essentially what a keyword is is this 94
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will be used throughout the course is 95
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just a basically what are 96
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people typing in. 97
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So like pet glove 98
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is search 99
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term technically 100
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and 101
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it consists of two keywords pet 102
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and glove. 103
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So when I use keyword 104
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throughout the course I 105
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mean I might be saying this is the keyword. 106
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But I also you know search 107
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terms are essentially basically 108
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multiple keywords put 109
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together. 110
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But basically you don't it's 111
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not that big of a difference when I use keywords just 112
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think of what people are typing in 113
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and the only time it 114
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gets a little bit different is when we're making a 115
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listing 116
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but you don't need to worry about any 117
117
of that right now. So everybody's 118
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going on Amazon and they're looking through keywords 119
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everybody goes to Amazon to buy. 120
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So there's 121
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a lot of products on there. 122
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What are our main goal is is 123
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to find where there's these good markets 124
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and opportunities to go 125
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into. So what we do though 126
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to do that is 127
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we use product research tools 128
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and some other tools so 129
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basically what I use throughout the course you'll 130
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see me using helium 10 131
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and viral launch those are 132
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my favorite tools. What do they do. 133
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They allow us to see the sales so 134
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we can go to a if we type in a 135
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search term or keyword. 136
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You know I'll be saying those synonymously 137
137
essentially we can go. 138
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And it shows 139
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the products that show up for it and then this 140
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will tell us how much each one is selling. 141
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So this is per month per 142
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month per month. 143
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So that's how that works. 144
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The same thing with viral launch it shows the 145
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same thing. 146
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These are different things 147
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that I typed in here. Actually I just pulled them 148
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off Google. 149
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I'm not gonna lie. 150
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It was yeah. 151
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So the other thing that they do is 152
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they help us find products. And that's what's kind of 153
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cool. So once you guys learn 154
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criteria of 155
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what to look for or you already know what you're 156
156
looking for these help us you know kind of expand 157
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out and see OK. 158
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Well I want to buy a product you 159
159
know kind of this category that meets these kind of 160
160
needs. 161
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That's what the product finders are 162
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for. And then we 163
163
want to see the keyword volume. 164
164
So basically since we've determined Amazon 165
165
is literally built off of how 166
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many people are looking up that word and everybody goes 167
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to Amazon they type in a word. 168
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So being able to see how 169
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many people are typing in what words is 170
170
very valuable. So I love keyword terms. 171
171
So if you're wondering why I 172
172
use two they 173
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both have different functionalities 174
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but when you're getting started you 175
175
can choose which one. So helium 10 is tends 176
176
to be heavier on keywords 177
177
and viral launch tends to be heavier 178
178
on finding products 179
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but you can find products through keywords 180
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you guys figure it out through the course 181
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and see which one you like to use 182
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the best. 183
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I just happened to use both of 184
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them because I go very in-depth 185
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with the data. The reason why we need to 186
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use these tools is that Amazon 187
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doesn't provide any tools to 188
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us sellers. 189
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Unfortunately they take 190
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all the data and they hoard it didn't 191
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want to give it to us. 192
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They don't want to tell us what people are 193
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looking for 194
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and how much products are selling. 195
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But luckily these tools have found 196
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ways to see very 197
197
accurately how much products 198
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are selling they're off by a little bit 199
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but they're very very close 200
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and then also to see exactly 201
201
how many people are looking up 202
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each word per month so 203
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they're very valuable tools. 204
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If Amazon were to give 205
205
these to us I would tell us to use those 206
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but Amazon is a hoarder. 207
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So basically our product 208
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research overall we 209
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look up for words 210
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and then we want to see 211
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what are the sales. 212
212
OK. And then we want to find 213
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products 214
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and essentially that meet 215
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certain criteria for sales 216
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and certain you know what 217
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are the words that those sell through. 218
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So these tools help us do all 219
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of that. One other thing. 220
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Reviews are important tip 221
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for social proof 222
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and to get people to buy 223
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but reviews have no 224
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impact on ranking. 225
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So as we talked about earlier 226
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it's what sells best 227
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through these words 228
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not what 229
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it has the highest reviews 230
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because if you think about it 231
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the products 232
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with the most reviews would rank 233
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for everything 234
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and then no new products would ever 235
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show if reviews had an 236
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effect on rankings 237
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so to show you guys kind 238
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of a what we're gonna be looking 239
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for my criteria 240
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and everything and how I use these tools 241
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hands on and exactly 242
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what I'm looking for. 243
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But if you go ahead we have links 244
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down there in the description for 245
245
this to get some discounts on these tools 246
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and yeah I'll be using throughout the course 247
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you could choose one of them you could choose 248
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both but you probably just 249
249
need one of them 250
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but you'll see the benefits of both 251
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of them throughout the course. 252
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So yeah on to the next
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