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Amazon Product Research Tools: Best Options for 2024

Amazon, with its extensive customer base, is a promising platform for sellers. However, establishing a successful business can be challenging due to mistakes in product selection, for example, because of lack of knowledge and the limited amount of data you can analyze. To avoid problems like these, you can make use of Amazon product research tools. In this article, we'll emphasize the importance of using these types of tools to help you overcome the most frequent product research challenges encountered by sellers on an online platform.

Amazon Product Research Tools

In the sections below, we'll introduce the top tools available for choosing the right product that can save you time analyzing tons of data.

AMZScout Product Database

The AMZScout Product Database is designed to help anyone seeking product ideas to sell on Amazon. It offers comprehensive and easy-to-understand functionality to help you find potential bestsellers among over 600 million Amazon items. In this section, we’ll discuss its features and provide a brief guide on using this app to discover money-making product ideas.
How to Use the AMZScout Product Database
1. Go to the AMZScout Product Database.

2. Sign in or start a free trial. All you need to enter is your email address - no credit card needed.

3. Customize your search with filters:
  • You can choose products from 24 categories, use keywords to refine your search, or utilize both options together.
  • Set your desired parameters, including price range, number of reviews, weight, estimated number of sales, rank, estimated revenue, rating, listing quality, and more.
4. If you're unsure about how to set your filters, you can also use the pre-set options.
Filter options include:

  • The top 1,000 best-selling products in any category.
  • Products to start selling with low initial costs.
  • Highly profitable products with great profit margins.
New and trending products with growing demand and low competition.
5. Explore the search results table.
You can analyze the following data:
  • Product prices, price history and historical rank and price since its launch
  • Number of sales of each product
  • Estimated revenue
  • FBA Fees
You can also deepen your analysis by taking these actions with the tool:
  • Estimate your profit: enter the taxes, product cost and additional costs to help you calculate FBA fees, profit per unit, net margin, ROI and estimated monthly profit.
  • Search for the direct supplier on Alibaba with a single click.
That's it! Using AMZScout Product Database makes it easy to find product ideas. Follow the above steps in order to compile a list of products that match your criteria.

Consider conducting further investigation of a product’s potential profitability with the AMZScout PRO Extension tool. This instantly shows sales volume, rank, competition, trends, and more while you’re simply browsing through Amazon.

AMZScout PRO Extension

This is a trusted set of software used to evaluate product ideas, check any product's sales data in just a few clicks, and monitor competitors. It provides insights into the necessary data so you can choose the right niche and a profitable product on the marketplace, all at your fingertips. AMZScout’s Pro Extension will save you a lot of time, so you’ll no longer need to collect data manually or use multiple tools.

In this section, we'll explain how to use this extension and guide you so you can make the most of its features.
How to Use the AMZScout PRO Extension
1. Install the PRO Extension. Begin your AMZScout free trial by entering your email address - no credit card needed.

2. Find a product or niche to analyze. Type your search query into Amazon's search bar. This can be an idea you’ve found with the help of a Product Database, or just a product that seems profitable or interesting to you. For example, you can type in “women's backpack”, and click on the AMZScout PRO Extension icon to see pertinent data.

3. Analyze sales data.
Discover a comprehensive list of products where you can evaluate all the necessary details:

  • Niche Sales Data: View average monthly sales, revenue, and prices at the top.
  • Product Sales Data: Check sales numbers and estimated revenue for each product.
4. Estimate potential profits with the Profit Calculator. Enter costs like purchase and delivery, and the calculator will compute your Estimated Profit, Net Margins, FBA fees, and more. You can find product costs on Alibaba directly through the extension.
5. Check Sales and Price History.

  • Product History: Track price, rank, and sales trends over time.
  • Niche History: Study historical niche performance, including price and sales fluctuations.
6. Assess the level of competition.

  • Check the number of sellers to help you understand the competition. Look at the “Number of sellers” column, and keep in mind that this number will be relevant if you want to sell this particular product.
  • Gauge the number of reviews. This metric can be a good indirect indicator of sales, demand, and competition.
Now, let’s discover how to find the perfect product specifically for a dropshipping, online arbitrage, or wholesale business in the next section.

AMZScout Amazon Dropshipping, Arbitrage, and Wholesale Extension

This versatile tool is useful for dropshipping, arbitrage, and wholesale sellers. It can help you identify the best product opportunities and streamline the process of product research for reselling business models. We'll also explain how to use it the most efficient way.
How to Find Profitable Products with the Extension
Here is a guide on how to use the extension while browsing Amazon.
1. Install the Amazon Dropshipping, Arbitrage, and Wholesale Extension.

2. Access key product insights on Amazon's search page. While browsing through Amazon, analyze each product’s monthly sales, margin, BSR, seller type, and more.
3. Take a closer look at the data on the product page. Examine information, including Buy Box owner history, price history, BSR trends, sales restrictions, and more.
4. Estimate your profits with the on-page Profit Calculator. To calculate your estimated profit, enter all the product costs. If you don’t know how much a particular product costs, you can ask a manufacturer, or click the “Find Supplier on Alibaba” button to check it on the Alibaba website.

Consider Sellerhook for Easier Product Research

What can you do if the product sales data you’re analyzing seems too complex, especially when looking for profitable items? It’s usually better to leave this challenging task to the experts so you can save your time, effort, and money. Sellerhook's team of professionals can analyze data and find products that match your criteria, using their extensive experience and analytical tools.
The process is easier than searching for a product on your own. Here’s how to use Sellerhook:
1. Place an order. To begin your order, visit Sellerhook and provide your email address.

2. Submit your payment.

3. Answer a questionnaire. You'll need to check a few boxes to provide information about your desired product, including:

  • Your business model.
  • Product category.
  • Price range.
  • Revenue.
  • Niche novelty.
… and some additional details.

They'll also consider your personal preferences and citizenship for a more precise product search.

4. Get a list of product results in 10 business days. The experts at Sellerhook will provide you with a detailed report that matches all of your criteria. You’ll also receive a clear explanation regarding why each product was selected for you.
It’s often better to leave the process of navigating complex product analysis to experts. Sellerhook's professional team provides an easy, efficient solution, saving you time and effort. Rest assured that the experts are always here to help.
See what your research report would look like.

Conclusion

Selling on Amazon without utilizing specialized tools can be challenging due to product selection mistakes, wasting time, lack of knowledge, and limited information. We've explored one of the best product research tools for Amazon, each with unique strengths. Whether you choose to use product research tools or opt for Sellerhook's comprehensive approach, leveraging technology can make your Amazon journey and decisions more informed, efficient, and profitable. So, equip yourself with these tools to ensure that you sell only potentially profitable products and generate solid income on Amazon.
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