The method
Use this prompt after identifying a potential product niche. Paste results from tools like Jungle Scout or Helium 10 as context. Tailor keywords to match your product. Refine the prompt based on the LLM’s output to achieve optimal insights.
The prompts
Prompt 1
Based on the following data extracted from [tool name, e.g., Jungle Scout] regarding [product type, e.g., bamboo toothbrushes] on Amazon FBA: [paste data including average sales, reviews, price range, competition level, and keyword search volume]. Analyze the potential profitability of entering this market. Consider factors such as manufacturing costs (assume a cost of $[X] per unit), shipping costs to Amazon warehouses (assume $[Y] per unit), Amazon FBA fees, marketing costs (assume $[Z] per unit for PPC), and potential retail price points. Provide a SWOT analysis highlighting the Strengths, Weaknesses, Opportunities, and Threats associated with launching a bamboo toothbrush product. Also, suggest specific strategies to differentiate my product from existing competitors and achieve a competitive advantage.
Prompt 2
I am considering selling [product name, e.g., insulated water bottles] on Amazon FBA. I have identified the following keywords with high search volume: [list keywords, e.g., 'insulated water bottle,' 'stainless steel water bottle,' 'sports water bottle']. Using these keywords, conduct a comprehensive market analysis focusing on competitor product listings. Identify the top 5 performing listings based on sales volume and customer reviews. Analyze their product titles, descriptions, images, and pricing strategies. What are the key features and benefits that customers are looking for? What are the common complaints or negative reviews associated with these products? Based on this analysis, provide recommendations on how to create a superior product listing that addresses customer needs and outperforms existing competitors. Also suggest some ways to avoid common pitfalls made by other sellers.