Are you ready to grow your business by expanding your selection to meet customer needs? In this article, I’ll explain more about how niches (as part of the Product Opportunity Explorer (OX) tool) can help you do just that.
Back in November we highlighted a Quick Tip on OX customer review insights and product deep dive page. We noticed you had questions about niches and how they work.
What’s a niche?
A niche is a collection of customer search terms and products that represent a specific customer need.
Every time a customer enters a search term on Amazon, they’re telling us what they want to purchase.
Amazon combines search terms around specific shopping needs based on customer demand. For example, customers may search for stainless-steel water bottle, BPA-free water bottle, and insulated water bottle. These search term are grouped to identify a unique customer intent and the top searched term becomes the niche title (in this example, “water bottle”). The niche includes products that cumulatively received 80% of clicks from those search terms.
Benefits of niches
You can browse or search to find niches that make sense for your business, and use their details to identify new product ideas and opportunities in that space.
You can use niches during your new product research in order to:
Key features of niches
Each niche has a detail page providing additional information, like current products within the niche, top search terms, and statistics about new product launch potential. You can use these details to determine if a similar product filling the same customer need would be a good fit for your business.
Keep in mind that search terms and products can exist in multiple niches. Niche metrics are refreshed at the beginning of each week, and new niches are created at the start of each month.
After you select a category, relevant niches appear on a niche results page. You can also search for niches by adding your text in OX’s search bar, we showcase all the niches based on text matching between your business’ search terms and the search terms related to niches. Alongside each niche, you’ll find the top associated search terms and other key metrics.
Ready to get started?
You can dive in and start exploring niches. To access from Seller Central, click the main navigation, select Growth, and then Product Opportunity Explorer.
From here you can select or search for a category or subcategory, and relevant niches will appear based on text matching between your business’ search terms and the search terms related to niches. You’ll then find top associated search terms and other key metrics.
Additional training resources
Rarely when I enter a search term for what I'm looking for on amazon rarely does what I'm looking for come up it might end up on the 4th or 5th page but all I ever see is the crap amazon wants me to buy not what I'm looking for if I wanted to see that crap I would enter that item and search for...
Its so much easier to shop elsewhere cause if I enter something I'm looking for on other sites the first 50 or so results are the item I'm looking for not a bunch of crap I have no interest in what-so-ever .............
Here's my frustration, and some of why I'm posting so little (aside from just hating the NSFE format)
I really don't get all this "Engage" stuff, when so many posts go unanswered by mods/community managers.
(EDITS BY ME TO REMOVE SOME UNFAIR CONTENT, NOT AMAZON)
Look here at all the unanswered posts .... just in the last week.
Looking, starting, at 5 hrs ago or older 3/22:
With all this new help in the forums, and time to write up all these "Engage" threads ... I would think these posters could get help.
JMO