How important is amazon as a reference point?

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silverzzz

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For example, could I rely on the data amazon gives in terms of seller competition, sales velocity, and the average selling price for a item across all their listings and asses that would make a good product for my shopify site? The reason I ask is because amazon is a lot more transparent with this info then other marketplaces and I was wondering if it is useful for dropshipping.

Thanks for any help or suggestions!
 
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silverzzz said:
For example, could I rely on the data amazon gives in terms of seller competition, sales velocity, and the average selling price for a item across all their listings and asses that would make a good product for my shopify site? The reason I ask is because amazon is a lot more transparent with this info then other marketplaces and I was wondering if it is useful for dropshipping.

Thanks for any help or suggestions!
Click to expand...
Yes, you can use Amazon's data on competition, sales velocity, and average selling price as a useful reference for dropshipping. However, remember that Shopify’s audience may differ, so consider cross-referencing with other platforms to get a fuller picture of demand.
 
digitalvisibility said:
Yes, you can use Amazon's data on competition, sales velocity, and average selling price as a useful reference for dropshipping. However, remember that Shopify’s audience may differ, so consider cross-referencing with other platforms to get a fuller picture of demand.
Click to expand...
I am cross referencing with FB ads library as well and to a lesser extent with shopify using Koala inspector, I was just curious how much weight amazon holds for dropshipping data and if there are other people on here who use them as their main source. Thanks!
 
It's a good indicator I use a lot too. I do it reverse though. I'll find good products on Google and then see how much it is to import from China for AZ.
 
I would personally use TikTok Shop
 
Amazon can be a valuable reference for assessing market trends, competition, and pricing due to its transparency, but for dropshipping, also consider Shopify-specific demand, supplier reliability, and platform differences.
 
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