The method
Use this prompt in ChatGPT to brainstorm product ideas for Amazon FBA. Specify your interests, risk tolerance, and target audience. Iterate on the suggestions by asking for variations or deeper analysis of promising ideas. Perfect when starting your FBA journey.
The prompts
Prompt 1
I want to start an Amazon FBA business. I'm interested in the [specific niche or category, e.g., home improvement, pet supplies]. I'm relatively risk-averse and want to find a product with consistent demand and low competition. My target audience is [specific demographics, e.g., young professionals, families with children]. Based on these criteria, suggest 5 product ideas, and for each, briefly explain the potential market size, competition level, and any potential challenges.
Prompt 2
Let's refine the product idea [mention a specific product from the previous suggestions, e.g., "dog grooming kit"]. Provide a more in-depth analysis of its profitability potential. Consider factors like average selling price, estimated manufacturing costs, potential shipping costs, and Amazon FBA fees. Also, identify the top 3 competitors and analyze their strengths and weaknesses. Finally, what are some unique selling propositions that could make this product stand out in the market?
Prompt 3
Assume you are an experienced Amazon FBA seller. I want to launch a product in the [specific niche] niche. Outline a comprehensive marketing strategy, detailing how I can effectively promote my product both on and off Amazon. Include specific tactics for optimizing my Amazon product listing (keywords, images, pricing), running Amazon PPC campaigns, and leveraging social media and influencer marketing. What's the budget i need to consider if I want to be aggressive in marketing.