All language subtitles for 1. Understanding Amazon Best Seller Rank (BSR)

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These are the user uploaded subtitles that are being translated: 1 00:00:02,300 --> 00:00:07,460 So before I jump to teaching you about how to research, the first thing that I want you to learn is 2 00:00:07,460 --> 00:00:13,170 BSR or bestseller rank, because without knowing how it works, you won't know how to conduct research. 3 00:00:13,210 --> 00:00:19,640 Amazon bestseller Rank, or BSR, is a run given to Amazon products based on products orders compared 4 00:00:19,640 --> 00:00:23,270 to other products in the same category within a given amount of time. 5 00:00:23,300 --> 00:00:27,440 The Amazon BSR of products can be found in the product description section. 6 00:00:27,500 --> 00:00:32,030 Amazon BSR is a very important metric for Amazon sellers and their products. 7 00:00:32,060 --> 00:00:36,700 You need to understand Amazon best seller and to make better nesh and design choices. 8 00:00:36,740 --> 00:00:43,310 The Amazon bestseller is calculated based on the sales of a product and gets updated on a regular basis 9 00:00:43,370 --> 00:00:45,020 throughout the day by Amazon. 10 00:00:45,050 --> 00:00:50,840 The rank reflects the current sales of the product and the sales history to the products with the rank 11 00:00:50,840 --> 00:00:57,320 of number one means it has recently sold more than any other product in that category in the marketplace. 12 00:00:57,380 --> 00:01:02,480 Also note that the sales rank of a product differs in different Amazon marketplaces. 13 00:01:02,480 --> 00:01:08,930 The PSR value is closely tied with sales velocity, which is the frequency of sales in any given period 14 00:01:08,930 --> 00:01:09,500 of time. 15 00:01:09,520 --> 00:01:15,440 High sales velocity means the high frequency of sales in a given period of time and a lower sales velocity 16 00:01:15,440 --> 00:01:18,440 means a lower frequency of sales in a given period of time. 17 00:01:18,450 --> 00:01:23,780 BSR tends to get lower with the high sales velocity, and it tends to get higher with the lower sales 18 00:01:23,780 --> 00:01:24,380 velocity. 19 00:01:24,410 --> 00:01:30,590 Now I'm going to show you a few points and scenarios of how the BSR fluctuates based on movement depends 20 00:01:30,590 --> 00:01:34,400 on the volume of sales of a particular product in a specific period. 21 00:01:34,400 --> 00:01:39,620 And depending on the sales volume in that category, when a t shirt sells once for the first time, 22 00:01:39,620 --> 00:01:45,200 it gets assigned a BSR between two hundred thousand and three hundred thousand for that period of time. 23 00:01:45,200 --> 00:01:47,620 And the novelty t shirt category, for example. 24 00:01:47,660 --> 00:01:49,550 This is according to my experience. 25 00:01:49,580 --> 00:01:54,890 If it continues to sell within the same day, the BSR goes down respectively, as it gets more and more 26 00:01:54,890 --> 00:02:00,590 sales, let's say you make another two sales within the same BSR update period because the stock is 27 00:02:00,590 --> 00:02:02,780 updated every sort of three hours roughly. 28 00:02:02,810 --> 00:02:07,760 You'll be a summer dropped to one hundred thousand ish, considering the overall sales volume for that 29 00:02:07,760 --> 00:02:09,750 category has stayed consistent. 30 00:02:09,770 --> 00:02:15,320 Now the BSA will stay the same the next day if your sales volume stays the same for that product and 31 00:02:15,320 --> 00:02:16,060 for the category. 32 00:02:16,100 --> 00:02:21,560 For example, you sold 10 yesterday and today the BSR will roughly stay more or less the same. 33 00:02:21,560 --> 00:02:24,680 Considering the overall sales of the category stays the same. 34 00:02:24,710 --> 00:02:29,990 However, it will go up if there are more sales in that category compared to the previous day, and 35 00:02:29,990 --> 00:02:33,110 it will go down further if there are less sales in the category. 36 00:02:33,140 --> 00:02:38,240 If a product with a good sales history doesn't sell today, the algorithm doesn't make it increase in 37 00:02:38,240 --> 00:02:42,020 base as much as the products with less or no sales history. 38 00:02:42,020 --> 00:02:45,530 So sales history makes the products retain a good base position. 39 00:02:45,530 --> 00:02:51,650 As long as sales recover, the BSR value assigned will vary depending on the overall volume of sales 40 00:02:51,650 --> 00:02:52,580 in that category. 41 00:02:52,580 --> 00:02:58,070 For example, June low sales periods, one sale might give you a base of one hundred and eighty thousand, 42 00:02:58,070 --> 00:03:03,590 whereas in high sales periods such as Christmas, one sale might give you a base value of three hundred 43 00:03:03,590 --> 00:03:06,320 and fifty thousand four hundred thousand, give or take. 44 00:03:06,350 --> 00:03:12,260 So in conclusion, the BSA is a powerful metric because it allows us to predict how often product sales 45 00:03:12,260 --> 00:03:17,600 on Amazon and therefore understanding is the key to conducting better design and niche research. 5210

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