Golden Product is a Myth
You want a head start in your Amazon journey, and a golden product is what you need.
Students often come to me with a so-called "Golden Product."
It has low competition with very high sales.
Do you know what the first thing which comes to my mind after seeing such a product is?
There is something wrong with this product. 😱
I question those students, study more in-depth this product, it looks too good of an opportunity. 🧐
Now, let me reveal to you a sad reality. 90% of the time that product turns out to be bad news. That low competition may be because:
👉It is patented.
👉It is a very seasonal product & we were analyzing it at its peak in sales.
👉It has some type of entry barriers etc.
That's why you should not get too much excited when you find this "Golden Product."
But analyze it deeply and always ask yourself:
"Why this product has such low competition?"
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