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Amazon’s press release is filled with all sorts of tidbits about top-selling items along with interesting factoids about logistics. As one quick example, Amazon notes that customers ordered more than 1,400 electronic products per second via mobile devices during the recent holiday shopping season. Another tidbit is that the peak day of customer fulfillment this past year was on December 19.
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Paulo Coelho Though BSR has been difficult to work with, through trial, error, and analysis of massive amounts of data, we definitely learned a lot! Some of these are not new discoveries, but for those unfamiliar here you go:
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Buy bitcoins in India The Definitive Guide to Selling on Amazon Variables a, b, and c are the numbers of orders for each period of time, and X, Y, and Z are the amounts each period of time is weighted. For example, sales over the last hour (a) are worth 40% of the BSR calculation (X) and sales two hours ago (b) are worth 20% of the BSR calculation (Y).
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The real surprise was the other Amazon private-label brands — well over a dozen of them — that were highlighted over national brands in many sections.
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Spy on your competition now! Twitter Email Cost 2500 We know Amazon values historical product data but they’ve also baked in predictive abilities into their algorithm that weigh the potential success of a product.
Get coupon code Product A has only ever had 2 sales on Amazon, and they both occurred 18 months ago. The product is now sitting with a BSR in Patio, Lawn, & Garden of #2,000,000. Product B on the other hand has only had 1 sale, but that sale occurred 12 months ago. Because Product B had a sale more recently than Product A, we would expect its BSR to be something like #1,000,000.
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NEXT Share This Link Copy Magazine Topics: “I sell stuff I don’t want anymore around the house or products I get that look new at garage sales/estate sales. I find the best products that sell on Amazon are rare or unique books or other items that there are not tons of copies of. The best price point is to go a little lower than the lowest price. If you have good traffic the minute you drop the price you get customers wanting to purchase. Niche products definitely sell better and also you can gain more profit on them.”
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