Many sellers face the huge problem of expanding their business - almost every good listing has too many underpriced offers. There are many reasons for this, the main one being the wave of new inexperienced sellers who often drive prices down and create an uncompetitive environment.

The good news is that usually, such sellers don’t do proper research and sell on very hyped listings. As a result, many listings are left out. The listings, where you can see a maximum of 2 offers, and high monthly sales is where you want to sell. Finding 8-10 listings like this will scale your business.

Today we will share some life hacks for advanced sellers. Also, at the end of the article you will find a method to find these hidden star products with low level of competition (especially good for Amazon wholesale sellers).

Here are 7 powerful tips which will help you accelerate your product search:

• 1. The margins should start at no lower than 20% (the higher the better). This will leave some room for adjustment in case some competitors show up unexpectedly and start tanking the prices.
• 2. Start selling products on listings with very few sellers. Less competition is the key. No one will guarantee that competition wouldn’t appear in the future, but you sure don’t want to start selling a product with 23 other sellers.
• 3. Look for low BSR (Best Seller Rank) – this shows how popular a product is. When a product BSR is low, 90% of the time this means that there is more potential in selling this product
• 4. Test a new product before ordering too much from a supplier. We recommend starting with around 20 units to ensure there are no product restrictions. Once you get comfortable with the fact that a product is selling well and there are no brand owner restrictions you can start increasing your inventory volume. But remember: there is always a risk that too many people will know about the listing and the competition will become unbearable. In this case, you don't want to be stuck with a huge amount of product. Keep the balance.
• 5. Replenish Inventory On Time! Last thing you want is to run out of inventory and lose your opportunities. This is especially important during the Holiday Season! If you don’t replenish your inventory on time the other sellers will. Your vendors will go out of stock on hot items, and you will simply have nothing to sell.
• 6. Leverage your business through logistics. Ideally, rent your own warehouse and do your own product preparation to avoid high storage fees from Amazon.
• 7. How to find star products with low competition? No matter what you do, it is important to understand that all the above steps will take time and patience. But with Amazon competition in 2022, you need to accelerate and automate processes as much as possible, because the race for new products goes on and on every single day.
  If you want to keep a high speed of searching for a large number of products and at the same time not lose data accuracy, you will definitely want to know about the new tool that 7-digit sellers use.
  
  
  
  Stripetail recently introduced its new tool called the UPC Investigator. It guarantees extremely high data accuracy and is designed to process a very large number of products. It automatically analyzes a vendor UPC pricelist and pulls all the info from Amazon on each product your vendor has. Once all the information is collected, it generates a report which can be downloaded for further analysis. The report provides all the necessary information on product fees, margins, monthly sales, BSR, etc. This information can be filtered by all the necessary attributes to exclude thousands of products that would waste your time, leaving the star products for you to make your profits on!