Market Intelligence Research for Amazon and Walmart
DataHawk Market allows you to become the best in your industry by leveraging market analytics on any category or subcategory and conducting keyword and best-seller rank research to gain insights into which keywords to bid on and how to price your products.
Reveal the potential of your product by mapping its competitive landscape. Start filtering our products' database with your criteria to learn the category's pricing trends and your required budget.
Finetune Your Marketing and Sales Strategies
Remove the guesswork and rely on accurate, up-to-date metrics on your product's market dynamics by tracking daily changes in BSR to pinpoint precisely how many sales you need to improve your performance.
Amazon and Walmart BSR Reports
Export and analyze historical and contemporary analytics on all brands and products by generating detailed best-seller rank reports designed to help you enhance your product's performance on Amazon and Walmart.
Top 100 Selling Products Report
Export a list of the top 100 best-selling products for any category to analyze metrics such as rank, ASIN, product name, rating, reviews, and price.
To sell products successfully on Amazon or Walmart, you should first know the competitive landscape to understand how to price your product and become familiar with your addressable market and profit potential. By analyzing the market dynamics for any keyword assigned to the product, you track and see which products appear organically in the first five pages of the search results, along with their price, rating, and the number of ratings. Such metrics can help launch a product successfully and tell you how to price your product, the rating you need to have, and the number of ratings to rank in the first five pages of Amazon.
How do I define a pricing strategy for Amazon?
Start by selecting a set of mid-tail keywords (3 words) that best represent your product. Research the efficacy of those keywords to determine which ones will generate the most visibility for your product. Then analyze how the pricing is structured for each keyword while mainly focusing on page 1 median prices. Finally, you can leverage data around estimated monthly sales, reviews, and sales rank for Amazon to see how the best sellers perform. After analyzing and assessing the data, you can choose your target price accordingly.
What are some of the additional costs to consider when calculating the total product cost on Amazon?
There are six costs to consider when calculating the total product cost:
FBA costs, which are affected by your product’s weight and dimensions.
Shipping costs, which get your products from your supplier to Amazon fulfillment centers and are affected by your product’s weight and dimensions.
Duties costs, which depend on your product, its country of origin, and the marketplace in which you’re selling.
Amazon referral fees, which depend on your product category.
Costs related to the customer damaged returns because, unfortunately, you will have to bear those yourself.
Marketing costs, which depend on how competitive your market is and how aggressive you want to be in your sales mix in terms of paid vs. organic sales.