Hello! This is how I do the end-to-end process on how to find winning deals.
1st Step: Know and review the work criteria
Is it identical on Amazon and the supplier?
legit supplier website (legit 90% is the passing)
Is the BSR 100k or less?
The profit must be $3/£3 or more.
The ROI must be 20% or more.
Is it Hazmat? Skip it.
Is it an IP brand? Skip it.
Are there at least 3 FBA sellers?
Are there max. of 10 sellers in the UK/ 20 sellers in the US marketplace?
Is Amazon on the listing? If yes, it should be sharing the bb for at least 50% or less. If it is more than 50%, that's auto-skip
Is the brand owner on the listing? If yes, it should be sharing the bb for at least 50% or less. If it's more than 50%, that's auto-skip.
Is FBM on the listing? If yes, it should be sharing the bb for at least 50% or less. If it's more than 50%, that's auto-skip.
Has the listing been active for 90 days? If not, SKIP IT.
Is the BSR not found? SKIP IT.
The listing should be 1 year old.
Is the FBA price unstable? (The price often changes) SKIP IT.
Is it a suppressed buybox? SKIP IT.
No pink line (Buybox) on the graph? Or is it not consistent? SKIP IT.
Sales per month (for 30 days) should be at least 20 sales.
Is it out of stock from the supplier? SKIP IT.
2nd Step: I will find and go to a supplier on Google. I look at categories and products that are on sale, with discounts and under clearance sale. Once I find a product, I will highlight the title and click right then search it on Google.
Once I found the listing on Amazon, I checked the data as well as compute the ROI and Profit using the SellerAMPSAS tool and Keepa.
3rd Step: Check the criteria
1: Identical on Amazon and the supplier? Yes.
4th Step:
I will go back to the supplier to get the cost of price and paste it on the tool to compute and get the ROI and Profit.
Once I get the ROI and profit, I proceed to the other criteria
Minimum of 20 sales per month
Minimum of 3 sellers
Below 100,000 sales rank (BSR)
Amazon should not be on the listing
not IP brand
Not a Private Label Product
not Hazmat/dangerous goods
Items must be in stock (add to cart around 10 items to check if the quantity is good)
Simple and methodical! I can do it over and over again without any complications.