Dearest Friends, we continue to share interesting life hacks from guests of the sellerboard show on how to succeed on Amazon.

To start a business on Amazon, Alex Huditan advises choosing products with a BSR rating from 1000 to 15000, so that competitors do not have so many reviews.

Also, Alex suggests using the 5-to-the-Power-of-5 Method:

  • The first five – is your profit from the sale of one product ($ 5);
  • The second – is the sale of 5 units of this product per day;
  • The third – 5 variations of this product (color, size, etc.);
  • The fourth – expanding the range of up to 5 products;
  • The fifth – 5 distribution channels (trading floors, marketplaces, etc.).

https://youtu.be/_fhtXJms9Vw

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