To be competitive, Amazon sellers need to leverage third-party tools and the enhanced information these tools provide. Two of the most popular tools are AMZScout and Jungle Scout. While both receive positive user reviews and critical acclaim, you probably only need to utilize one of these tools, depending on your needs.

To help you find the best tool, we have compared the features, prices, and accuracy of the two. Read on to find out more.

Overview of AMZScout and Jungle Scout

Both AMZ Scout and Jungle Scout are product research tools. While both are similar, the two offer unique features we’ll review below:

Main Features of AMZScout

• Product Database: A web-based tool that lets you find the most profitable product ideas from millions of Amazon products, based on 16 different parameters. You can also use pre-populated filters to help you identify new and trending products.
• PRO Extension: A Chrome extension that works on Amazon’s website to help you determine whether a product is worth selling based on current and historical data across different products and niches.
• Dropshipping, Arbitrage, and Wholesale Extension: An optional Chrome extension that provides specific data about a product and its profitability, and helps limit the risk factors of using these specific sales strategies.
• Keyword Research Tools: AMZScout’s Keyword Search lets you insert a single seed keyword to find and track various long-tail keywords. You can also use the Reverse ASIN Lookup tool to identify keywords used by your competitors.

Additional Features

• Monthly Reports and Weekly Hot Products: A hand-picked list of potentially profitable products and niches, reviewed by a team of experts.
• Free Tools: A series of no-cost tools that let you estimate FBA costs, review competitive data on inventory levels, and estimate the sales of Amazon products.

Main Features of Jungle Scout

• Browser Extension: A Chrome or Firefox-based browser tool that helps sellers evaluate products, forecast future sales, and request reviews.
• Product Database: A web-based database of products sorted by category, estimated sales, sales rank, revenue, and more.
• Keyword Research: Like AMZScout, Jungle Scout offers keyword research tools Keyword Scout and Rank Tracker across multiple products.

Additional features

• Supplier Database: A database of manufacturers to help you find suppliers who can create your custom product.
• AI Features: Both the listing builder and analytics tools rely on AI to help sellers automatically identify keywords and provide data on your financial performance.

Each toolset also offers additional features, but the above information summarizes the most prominent tools you can find on both platforms. On paper, both AMZScout and Jungle Scout provide helpful features. But what’s most important here is how these two tools compare when it comes to the data they provide.

Jungle Scout vs. AMZScout – Accuracy Tests

The ability to compute product sales based on BSR is the primary reason why most sellers require these tools. The accuracy of the tool you choose is a vital factor that can determine the success of your business. Overestimated sales numbers can impact your inventory management, resulting in stockouts or having to pay for the storage of unnecessary inventory. A great way to compare data accuracy is to see how close both products are to Amazon’s rough estimates.

It’s important to gather data across various categories, as this data provides a more comprehensive look at how the two products compare. In this case, our products come from the Kitchen, Technology, Baby, and Home categories. These categories are a strong representation of where many third-party sellers tend to compete.

Here is an example of a product with estimated sales numbers by AMZScout and Jungle Scout.

Below, you’ll see a table comparing products across various categories and rankings to see how the two compare.

Note: These numbers are accurate as of the moment when the article was written and may change over time.

How accurate is Jungle Scout? (Compared To AMZScout)

From this data, we can see that AMZScout provides sales data that more closely (in many cases) resembles what you’ll get from Amazon. The Jungle Scout Sales Estimator has a tendency to overestimate the number of sales, which can cause sellers to purchase too much inventory, resulting in storage fees. This is most prominent in the Kitchen category, which is full of competitors eager to overtake others who are competing to offer the featured product.

Advantages – Jungle Scout vs. AMZScout

While data accuracy is incredibly important, there are also other factors to consider when comparing Jungle Scout and AMZScout. Below, we’ll outline those factors for your consideration.

AMZScout Advantages

More accurate sales

Where Jungle Scout tends to overestimate, AMZScout provides a more accurate estimation of sales data. You can view this data under the niche and product histories through the PRO Extension. By leveraging AMZScout’s historical data tool, you can get a better understanding of how each product performs over time.

Tool for dropshipping, arbitrage, and wholesale sellers

When following specific sales strategies, Amazon places strict requirements on some types of products. AMZScout’s tool for dropshipping, arbitrage, and wholesale helps you identify these products, reducing the risk that you’ll end up with inventory you can’t sell. This tool also includes data on Amazon Buy Box history, potential profit margin, return on investment, and other vital data to help you remain competitive.

Affordable price and free trial

While Jungle Scout offers no free trial, AMZScout does. This option helps you understand how to use the product before you commit to buying it. Alternatively, Jungle Scout requires an upfront payment, giving you a seven-day refund period to try their tool. AMZScout provides a longer money-back guarantee of 10 days. AMZScout also provides access to all essential research tools at a more affordable price.

Weekly product ideas (only in the annual bundle)

Sellers who are willing to pay for an annual bundle through AMZScout receive weekly product ideas. This means that AMZScout can handle some of the research process for you. Even if you don’t sell these products, they provide inspiration for additional products you can review via AMZScout’s Product Database.

Jungle Scout Advantages

More tools

Jungle Scout offers a wider range of tools that include review automation, an opportunity finder, a supplier database, an inventory manager, and an FBA reimbursement system. Opting for the whole package at a higher cost might be more reasonable for those involved in brand creation; otherwise, some tools in the set might go unused.

AI Assist

Jungle Scout provides an AI assistant in both its listing creation tool and analytical tools. The AI features in listing generation involve creating an optimized listing that uses your keywords. The analytical tools provide AI-generated insights into your product analytics.

Supplier Database

Jungle Scout has an integrated supplier database to help you find manufacturers, create purchase orders, and manage supplier quotas through its tool. This helps you find verified, niche suppliers to help you create a customized product. Alternatively, AMZScout’s PRO Extension for Chrome connects to Alibaba. Being one of the largest e-commerce support marketplaces in the world, Alibaba offers its own list of verified suppliers.

Conclusion

When comparing features, both AMZScout and Jungle Scout offer an impressive variety of tools. While AMZScout focuses on more data-driven approaches, Jungle Scout focuses on providing an extended range of tools geared specifically to private label sellers. For example, not all sellers need access to manufacturers. Some sellers are dropshippers or specialists in retail arbitrage, which is something for which Jungle Scout doesn’t provide specific tools.

In short, AMZScout is geared toward people who seek more accurate data from a more affordable tool. If you’re looking for an all-in-one solution and your budget isn’t a constraint, consider exploring Jungle Scout’s advanced plans. Make your selection based on what you prioritize as an Amazon seller.

If you are new to Amazon, this might be your first time hearing about the Amazon seller scanner. Experienced sellers use this Amazon seller tool to help them quickly check essential data about potential Amazon inventory they find in retail stores.

What is an Amazon Seller Scanner App? 

The Amazon seller scanner or seller scanner app is a seller tool that helps Amazon sellers with their retail arbitrage activities. It provides information about a product upon scanning its barcode.  

Since it uses barcodes, this Amazon retail arbitrage seller tool is sometimes called the Amazon barcode scanner app. 

A typical Amazon seller scanner app can instantly showcase essential insights about your potential net profit with the scanned product, the overall demand for the product, and even valuable data about the competition. 

Other metrics showcased by an Amazon seller scanner may also include product eligibility, market performance, sales rank, product rating, and other historical data. However, it is worth noting that the depth of displayed information also depends on whether or not the seller scanner app is free or a paid subscription.

How Does the Barcode Scanner App Work?

Using the Amazon seller scanner app is very straightforward. You need a smartphone to download the app to scan the item’s barcode. 

Depending on the Amazon barcode scanner app you have downloaded, you simply activate the barcode scanning feature of the app and start scanning the barcode on the product’s packaging. This is similar to how QR scanners work.

If you see an item in Walmart or Target that has a barcode, scan the barcode on the product packaging with a scanning app to know the item’s ranking, sales performance, and other important details appearing on Amazon.com.  

Watch the video concerning the proper use of the barcode scanner app.  

Top Amazon Retail Arbitrage Seller Scanner Apps

To help scale your Amazon retail arbitrage venture, here are some of the widely used seller scanner apps.   

Amazon Seller App

Google Playstore: A screenshot (cropped) of Playstore search result for Amazon Seller App; Retrieved: Aug. 17, 2021, From https://bit.ly/3ANRNVn

For the convenience of Amazon sellers, Amazon has introduced the Amazon Seller App. This Amazon scanner app is effortless to use and is automatically available for registered Amazon sellers. 

All you have to do is to download the app and install it on your phone. If you still do not have an Amazon seller account, you will need to sign up first to use the app. 

This Amazon seller scanner can provide you with product information, including the price on Amazon, product category and FBA fees, your potential profit, the Amazon Best Sellers Rank, and competitors in the marketplace.  

Compatibility:

• Android
• iOS

Usage Fee:

• Free

Available On:

• App Store
• Google Play

Scoutify  2

Similar to the Amazon Seller App, Scoutify also allows product barcode scanning through camera phones. Once the product has been scanned, the app will display the product price on Amazon, potential profit, product ranking, and more.

However, since the Scoutify app is a premium software, sellers can enjoy better features such as faster product scanning, and more accurate estimate of profit margin through taxes or customs fees display.

Additionally, you can also connect this seller scanner app with Amazon price tracking software like Keepa and Camel Camel Camel. 

Compatibility:

• Android
• iOS

Usage Fee:

• Requires InventoryLab subscription

Available On:

• App Store
• Google Play

ScanPower Mobile

This Amazon seller scanner has similar functions to the aforementioned seller scanner apps. It scans barcodes in order to display relevant item information.

With the help of its features, sellers are provided a clearer picture of the current market pricing and consumer demand. Additionally, if the scanned barcode does not appear, you also have the option to do an app search via ASIN, UPC, ISBN, or keyword. 

Compatibility:

• Android
• iOS

Usage Fee:

• Requires ScanPower subscription

Available On:

• App Store
• Google Play

Amazon Seller Scanners With Offline Capabilities

Scoutly & TurboLister Combo App (Formerly FBAScan)

Another unique seller scanner app included in this list is the ASellerTool Scoutly and TurboLister combo app. Like other Amazon barcode scanner apps, this software also intends to help sellers with their Amazon retail arbitrage activities. 

This seller scanner app is unique because it can be used without the internet or WiFi. This unique function is possible because of the app’s local database features. 

The app downloads pricing data of various products from the Amazon database to its system so it can be used offline. 

Compatibility:

• Android
• iOS

Usage Fee:

• Requires subscription

Available On:

• App Store
• Google Play

Neatopricer 

Neatopricer is a multipurpose Amazon seller tool. Its primary function is to provide lightning-fast Amazon price comparisons for Amazon sellers. Similar to Scoutly, it also has an offline capability thanks to its continually updated offline database containing more than 18 million items from Amazon. 

This means that even if you do not have an internet connection while doing retail arbitrage, you can still scan items for price details and sales info. 

Compatibility:

• Android
• iOS

Usage Fee:

• Offers a Free 14-Day Trial

Available On:

• App Store
• Google Play

Profit Bandit 

Another Amazon barcode scanner app ideal for retail arbitrage is Profit Bandit. This seller scanner app helps Amazon sellers quickly scan any barcode to check the item’s profitability. Its built-in profit calculator can help Amazon sellers identify possible postage rates and Amazon FBA fees. 

Profit Bandit offers two modes for Amazon sellers, non-pro and pro-mode. The latter highlights helpful features such as Bluetooth scanner support, Amazon global store support, scan history, offline scanning, and product restriction alerts.

On top of that, Amazon sellers can also use Profit Bandit’s “Manual Keyword Search” function to search for products that do not have scannable barcodes. 

Compatibility:

• Android
• iOS

Usage Fee:

• Offers a Free Trial
• Unlimited Scanning for $9.99 per month

Available On:

• App Store
• Google Play

ScoutIQ

This seller scanner app is ideal for Amazon sellers focused on selling books. ScoutIQ’s software can help you find profitable books that you can sell on Amazon. ScoutIQ offers fast scanning capabilities that can bring up products within seconds. 

ScoutIQ’s notable features include offline scanning via live model and database mode, Bluetooth connectivity, and a product overview that highlights the historical demand for a book. 

Compatibility:

• Android
• iOS

Usage Fee:

• Free for 14 Days
• Unlimited Live Lookups for $44 per month

Available On:

• App Store
• Google Play

Keepa

Keepa was initially a web-based price-tracking software. For the convenience of sellers, Keepa introduced an app version that can scan barcodes to provide sellers with a detailed price history of a product along with multiple data points, including product rating, review count, and new offers. This Amazon seller scanning app is a popular choice by sellers and shoppers alike.

Compatibility:

• Android
• iOS

Usage Fee:

•  Freemium Service

Available On:

• App Store
• Google Play

Utilize Amazon Seller Tools for Success 

As the Amazon marketplace expands, more and more apps are made available for sellers’ convenience. These Amazon seller scanner apps are just one of the many Amazon seller tools that can help improve your Amazon business.

Apart from using seller scanner apps for retail arbitrage, your Amazon FBA venture can also benefit from an Amazon repricer. This Amazon seller tool focuses on price optimization. A repricer like Seller Snap can help you improve your Amazon Buy Box win rate for better sales performance. 

Additionally, its sophisticated Seller analytics can help you make more informed business decisions based on relevant and real-time data.

In this article, we will discuss online arbitrage, product sourcing, how Tactical Arbitrage can help, and other vital insights that can help you further improve your online arbitrage on Amazon. 

What Is Online Arbitrage?

Online arbitrage (OA) has become a favored business model among Amazon sellers. Many sellers opt for this approach because it demands less capital than the two more popular Amazon business models, the Amazon Private Label and Amazon Wholesale. 

Generally speaking, online arbitrage is a strategy that revolves around finding discounted products on one online marketplace and subsequently reselling them on another platform, such as Amazon. The key aspect of this approach is that the entire product sourcing process is conducted through online channels.

Amazon sellers engaged in online arbitrage benefit by capitalizing on price disparities, underscoring the significance of finding products with substantial profit margins when embarking on this business model. It is worth noting that utilizing Amazon seller tools like Tactical Arbitrage and other software can significantly enhance your online arbitrage operations.

In terms of initial capital requirements, approximately 29% of online retailers or sellers started their Amazon online arbitrage ventures with less than $500. Additionally, around 54% of online arbitrage sellers achieve profit margins of approximately 16% or higher.

How Does Online Arbitrage Work?

Online arbitrage is a direct contrast to retail arbitrage, as the former entails sourcing products exclusively from online marketplaces, while the latter involves physically visiting a discount or retail store to find products. When venturing into online arbitrage, the following steps should serve as a guideline: 

Step 1: Search for discounted or clearance products on online retail websites. Some of the popular go-to destinations for discounted online products include the following:

• Walmart
• Target
• Walgreens
• The Home Depot
• Best Buy
  

Step 2: Check the availability on Amazon for the discounted products you have found on the online retail platform. It is essential to cross-reference this information under Amazon categories, especially the top categories online arbitrage sellers frequently utilize to achieve better sales performance when selling on Amazon.

Step 3: If the potential online arbitrage product is available on Amazon, make sure to evaluate its profitability. You can use an Amazon FBA calculator to assess the profit margin.

Step 4: After finding a suitable product for online arbitrage, you can easily list it on Amazon. You have the option to select between two programs, the Amazon FBA or FBM. Opting for FBA means letting Amazon handle the entire process of picking, packing, storing, and shipping of products, while Amazon FBM entails managing these aspects independently.

Why Product Sourcing is Crucial for Online Arbitrage?

If you wish to have a successful online arbitrage business, don’t disregard product sourcing, as it is a crucial component of your Amazon business. Product sourcing helps you find suppliers for products that are trending and worth reselling on Amazon.

Effective product sourcing lets you find inventory items that offer a high profit margin. Thus, it ensures that you can capitalize on the price difference between the sourcing and reselling platforms.

By sourcing the right products, online arbitrage sellers can obtain the following benefits:

Profitability: Needless to say, finding products that are discounted or on sale enables your business to profit from the price difference. 

Competitiveness: By acquiring products at a discounted rate from another online platform, you gain a competitive edge over other sellers. It enables your listing to stand out prominently in the marketplace due to its competitive price offer. 

Scalability: You can quickly scale your business if you consistently find products that offer better profit margins. 

Risk Management: Since product sourcing widens your options for potential Amazon products, you can minimize the risk of investing in items that may not yield significant returns.

While manual product sourcing is possible, utilizing Amazon product sourcing tools is recommended for a more efficient and effective product sourcing and research process. In particular, we will take a closer look at Tactical Arbitrage.   

What is Tactical Arbitrage? 

Tactical Arbitrage is an Amazon arbitrage software primarily used by Amazon sellers for online Arbitrage. As a product sourcing and research tool, it can run up to 7 searches simultaneously while using advanced matching algorithms.

Image Source: Tactical Arbitrage Homepage

Tactical Arbitrage offers access to more than 1000 searchable online retail websites, enabling scans of a wide range of products spanning multiple categories. 

In addition to the pre-included websites, TA users can also manually add other product-sourcing sites. The software also incorporates various filters and unique features that add value to your product research endeavors.

Top Features of Tactical Arbitrage

While this product-sourcing software is well-suited for online arbitrage sellers, it is versatile enough to be used by anyone seeking to sell on Amazon. This Amazon seller tool offers a range of features that can significantly enhance your Amazon FBA business, such as:

An Extensive Product Search Database

The extensive database of Tactical Arbitrage provides sellers with better opportunities to find profitable deals for their online arbitrage business. The database of TA encompasses over 1000 websites of major department stores and other lesser-sourced online stores from A to Z, including the following:

Product Source	Category/ Products	Website
Ace Hardware	Hardware and Home Improvements	acehardware.com
Acer	Electronics and Gadget	acer.com
Best Buy	Electronics and Appliances	bestbuy.com
Cabela’s	Outdoor, Adventure & Hunting	cabelas.com
CarParts.com	Automotive	carparts.com
Deal Genius	Home Essential & More	dealgenius.com
eBay	Multiple Categories	ebay.com
e.l.f. Cosmetics	Beauty	elfcosmetics.com
FYE	Entertainment	fye.com
Game Stop	Video Game and Consumer Electronics	gamestop.com
Gardener’s Supply Company	Garden Supplies	gardeners.com
HealthyPets	Pet Supplies	healthypets.com
J&P Cycles	Motorcycle Parts and Gears	jpcycles.com
Kmart	Multiple Categories	kmart.com
Leland Fly Fishing	Fishing Equipment	lelandfly.com
Macy’s	Multiple Categories	macys.com
Max Warehouse	Hardware Tools & Equipment	maxwarehouse.com
Nashbar	Road, Mountain and Cyclocross Bikes & Accessories	nashbar.com
Newark	Electronic Components	newark.com
OfficeSupply.com	Office Supplies and More	officesupply.com
OLDIES.com	Vintage Entertainment	oldies.com
Payless	Footwear	payless.com
Quadratec	Jeep Parts & Accessories	quadratec.com
Quiksilver	Surf-Inspired Apparel and Accessories	quiksilver.com
Reebok	Footwear	reebok.com
Rockler Companies, Inc.	Woodworking and Hardware	rockler.com
Saint Bernard	Apparel	saintbernard.com
Sears	General Merchandise, Tools, and More	sears.com
TacticalGear.com	Military Gear	tacticalgear.com
Target	Groceries and More	target.com
Under Armour	Athletic Shoes and Apparel	underarmour.com
U.S. Toys	Toys and Games	ustoy.com
Vitacost	Vitamins, Supplements, and More	vitacost.com
WatchShop	Watch and Jewellery	watchshop.com
Yaheetech	Furnitures	yaheetech.shop
Zappos	Footwear and Apparel	zappos.com

Reverse Search

Premium TA subscribers can utilize a feature called Reverse Product Search. This software is unique as you start your search with competitors instead of online suppliers or product sources. 

With the help of Tactical Arbitrage’s reverse search feature, you can find the best place to buy those specific products your competitors sell. You can either enter the seller ID or use the Amazon ASIN to proceed with the product search.  

Return of Investment (ROI) Calculator

With Tactical Arbitrage, knowing the potential profit for a product you saw online is much easier as the software tool comes with Profit and ROI filters. Instead of manually calculating the ROI, you can rely on this TA feature for quick revenue estimates. 

Data Access 

Whether you are selling on Amazon or other eCommerce sites, data insights are crucial for the success of your online business. Hence, Tactical Arbitrage provides you access to valuable data. Some of the vital data insights include estimated sales, competitor inventory levels, and more.

Amazon Flips 

Amazon Flips is another helpful feature for sellers, especially those into selling books on Amazon. This feature helps you quickly find the best books you can buy and sell on Amazon.com. 

Reliable Help Center and Tutorials

For Amazon sellers needing assistance to fully leverage Tactical Arbitrage’s functionalities, the software offers a dependable help center and video tutorials. These resources are designed to assist Amazon sellers in understanding the software better.

Tactical Arbitrage Chrome Extension

Amazon sellers keen on experiencing the functionality of Tactical Arbitrage should consider exploring its Chrome extension. This Amazon Chrome extension allows you to try the software, offering three free daily scans.

Tactical Arbitrage Price Plans

Tactical Arbitrage is one of the must-have seller tools for online arbitrage sellers. Regardless of your business goals and financial considerations, TA offers a variety of price plans to cater to a wide range of users. Here below is an overview of Tactical Arbitrage’s price plans. 

Online Arbitrage Plan: As the plan’s name would suggest, this TA plan is ideal for online arbitrage sellers. It comes with helpful features such as Product Search, Reverse Research, Always Be Scanning, and View Inventory. Its annual plan costs $840, while the monthly plan costs $89. 

Wholesale Plan: For the Wholesale plan, Amazon sellers can use its unique Wholesale features along with View Inventory. With this plan, you can scan the Wholesaler manifest for profitable selling opportunities. This Tactical Arbitrage plan is priced at $69 per month or $660 if billed annually. 

Flip Pack: This Tactical Arbitrage plan includes features like Amazon Flips, Library Search, and View Inventory features. You can use this feature if you wish to flip or sell used and new books on Amazon. It is priced at $59 per month or $600 if billed annually. 

Online Arbitrage Plus Wholesale Plan: If you are looking for features that can help both your online arbitrage and wholesale business, you can choose the Online Arbitrage Plus Wholesale plan. Whether wholesale or online arbitrage, you can use features such as Product Search, Reverse Search, and Always Be Scanning. If billed annually, you will spend $1020, while $109 for a monthly plan.

Full Suite: The Full Suite plan gives you access to all the features of the other Tactical Arbitrage plans. If you choose the monthly plan, you will be charged $129 per month, whereas the annual plan will cost you $1140. 

In addition to the plan-specific features, sellers can fully utilize the product research tool’s capabilities by taking advantage of the following features available in all accounts, including but not limited to the following:

• Estimated Sales
• Simultaneous Scanning
• Rapid Cache Scanning
• Image Matching Technology
• Competitor Stock Analysis
• Inventory History and Sale Alerts
• Discount and Cost Calculations
• Access to Tactical Arbitrage Video Tutorials

Pros and Cons of Using Tactical Arbitrage

Before incorporating Tactical Arbitrage into your Amazon seller toolkit, it is essential to acknowledge the software’s advantages and drawbacks. Taking advantage of TA’s 7-Day Free Trial allows you to gain insights into the pros and cons of the product sourcing tool, like the ones outlined below: 

Pros of Using Tactical Arbitrage

Extensive Database: Access to more than 1000 marketplaces ensures that your product research will be comprehensive.

Easier Access & Better Decision Making: Tactical Arbitrage gives you access to thousands of products from various marketplaces, along with relevant data information you can use to make quick and well-informed decisions for your online arbitrage business. 

Time Saver: Using Tactical Arbitrage to help you find winning products for Amazon online arbitrage can help you save time. Since TA automates the process of scanning multiple websites and products, you can find products for your business faster than manually doing the whole process. 

Cons of Using Tactical Arbitrage

Price Consideration: As a premium software, Tactical Arbitrage’s price plans can be relatively costly, particularly for new entrepreneurs selling online. To utilize the product search feature for online arbitrage, you must pay either a one-time fee of $840 or a monthly fee of $89.

Limited Search Feature: As mentioned in the preceding paragraphs, the product search features are only available to the Online Arbitrage and higher plans. The cheaper Tactical Arbitrage price plans do not incorporate both product search and reverse search features.

Active Account Required: While Tactical Arbitrage offers a 7-day free trial, not all online sellers can access the software tool. In order to utilize Tactical Arbitrage, having an Amazon seller account is a prerequisite. Even those who simply wish to check the software interface and functionalities quickly must complete the Amazon account sign-up process.

Tactical Arbitrage Alternatives

If you want to improve your product sourcing and research tasks, you can use other Amazon seller tools intended for product sourcing, product research, inventory management, and more. Here are some of the alternatives to Tactical Arbitrage: 

InventoryLab 

InventoryLab is an all-in-one Amazon seller tool you can use to streamline your Amazon business. This seller tool offers various functionalities, including product listing, inventory & order management, analytics and reporting, and product research & scouting. 

Jungle Scout

Another popular Amazon seller tool for your online arbitrage business is Jungle Scout. This software can help you discover profitable products and niches that are in high demand with low competition. Similarly, it can help you find top suppliers for your online arbitrage business. 

Jungle Scouts also supports multiple Amazon marketplaces, including Amazon US, Amazon Canada, Amazon MexicoAmazon UK, Amazon Germany, Amazon France, Amazon Japan, and more. 

SellerApp 

SellerApp is also an all-in-one Amazon seller tool that can help you improve your Amazon online arbitrage business. It offers various features and functionalities, including Keyword Research & Tracking, PPC Analyzer, Listing Optimization, Product Research, and access to the product’s Sales History

Other Important Amazon Sellers Tools for Online Arbitrage

Your Amazon online arbitrage business success goes beyond finding the right products and suppliers. You will also need to consider the following Amazon seller tools for increased engagement and improved profitability of your Amazon online arbitrage business. 

Amazon Repricer: Apart from the product quality, Amazon shoppers also evaluate the listing price before purchasing the item. To help you optimize your listing price and obtain a competitive edge in the market, you can use an AI Amazon repricer like Seller Snap to automate the price adjustments of your listings. 

Keyword Research Tool: When listing a product, it is important to take keywords into account. Employing a keyword research tool can assist in finding relevant and effective keywords. Utilizing appropriate keywords in your product title and description can significantly enhance the discoverability of your listings.

Amazon Ads: Running Amazon ads will improve the discoverability of your product and brand. To help you create effective Amazon ads, you can use Amazon’s very own advertising solutions. Popular options for Amazon Ads are Sponsored Products and Sponsored Brands. 

Feedback Management Software: Receiving feedback on your listings, particularly positive feedback, can enhance product discoverability, listing credibility, and overall seller performance metrics. To encourage more customer feedback, you can use a feedback management tool that automates the process of requesting reviews from Amazon store customers.

Overview of an Amazon Seller Account Creation | Amazon Online Arbitrage 

In order to begin your Amazon online arbitrage business, the first step is to create an Amazon seller account. Below is an outline of the process to create a seller account, enabling you to begin your online arbitrage venture and likewise take advantage of Tactical Arbitrage’s free trial.

STEP 1: You need to visit https://sell.amazon.com to create an Amazon seller account.

STEP 2: Choose between an Individual and a Professional Seller Account. Sellers selling more than 40 products per month are better suited for the Professional account. In contrast, those starting small and selling fewer than 40 units per month would find the Individual Plan more suitable.

STEP 3: Once you have chosen your Amazon seller plan, you will need to input the information required by Amazon, especially those pertaining to store, billing, and seller information. Hence, you should have already prepared the following before signing up for an Amazon seller account:

• Business email address 
• Amazon customer account (alternative to email)
• Government ID
• Tax information
• Phone number
• Internationally chargeable credit card
• A bank account where Amazon can send you proceeds from your sales

Step 4: Once you have entered the required information, you will wait for your account to be verified by Amazon. 

If you wish to know more about creating an Amazon seller account, we have a separate article discussing in detail How to Become an Amazon Seller. 

Start Your Amazon Online Arbitrage Business Today

As a newbie online seller exploring opportunities on Amazon, online arbitrage is an ideal business model for you to consider. This business model will particularly benefit individuals who wish to transition from full-time work to an eCommerce venture.

Online arbitrage is relatively easy to learn and demands minimal initial capital, making it accessible for aspiring online entrepreneurs. To further accelerate the growth of your online arbitrage business, you can utilize the Amazon seller software tools mentioned earlier, including Tactical Arbitrage.

These software tools can help you perform mundane, repetitive, and yet essential tasks of your Amazon business, including but not limited to Amazon keyword research, listing optimization, FBA and FBM inventory management, Amazon competitor analysis, and price tracking.

What is an Amazon Seller Chrome Extension?

A Chrome extension is a software program built on web technologies, including but not limited to CSS, HTML, and JavaScript. This software allows online users to customize their Chrome browsing experience. 

When a Chrome extension is developed and used to enhance your experience when using the Amazon platform, whether as an Amazon seller or shopper, it is considered an Amazon Chrome extension. The very purpose of an Amazon Chrome extension is to provide additional features and functionalities that can make any user’s browsing, buying, or selling activities on Amazon much more efficient. 

An Amazon Chrome extension interacts with the Amazon website in order to add functionality to your Chrome browser. It is available on Google Chrome Web Store either for free or freemium.

Top Chrome Extensions for Your Amazon Business

Listed below are a number of Chrome extensions that can help you with the growth of your Amazon business. 

Jungle Scout

Having access to essential market data is crucial for the success of your Amazon business. Jungle Scout is one of the best Amazon Chrome extensions available on the Chrome Web Store. 

This Amazon extension is a perfect Amazon product research tool. Adding this Amazon seller Chrome extension will give you better product evaluation opportunities as you search through Amazon’s catalog. 

With Jungle Scout, you can access key product metrics like Best Seller Rank and historical sales. Additionally, other features include access to the most popular search terms and the FBA Profit Calculator to help you calculate the potential ROI of a particular product.

Chrome Extension Details:

Amazon Extension Use:  Amazon FBA Product Research

Language: English 

Chrome Web Store Link: https://bit.ly/3oIdeqk

Keepa 

Keepa is a popular Amazon seller Chrome extension you can use for price tracking. Some of its popular features include but are not limited to price history charts, price drops, product availability alerts, daily deals, and the ability to compare and track international Amazon prices. 

Keepa is popular among online users as you do not need an account to use this Amazon price tracking tool. This Chrome extension likewise supports multiple Amazon locales and languages, making it more user-friendly. 

Chrome Extension Details:

Amazon Extension Use:  Amazon Price Tracker

Language: Multiple languages

Chrome Web Store Link: https://bit.ly/3V2s8Uq

AMZBase 

AMZBase is a free Google Chrome extension designed to assist Amazon sellers with their product research. It provides quick access to ASIN numbers, title descriptions, historical prices, and other related products.

Moreover, you can also calculate FBA profits with the help of this Chrome extension. The main goal of AMZBase is to speed up your product research process for better efficiency. 

Chrome Extension Details:

Amazon Extension Use: Product Research

Language: English (United States)

Chrome Web Store Link:https://bit.ly/3AuKoMJ

Helium 10

Helium 10 is a feature-packed Amazon extension. Apart from simplifying Amazon product research, you can also use this seller tool for keyword research and Amazon competitor analysis. You can keep a close eye on your competitors’ listings and identify potential hijacking of your Amazon listings. 

Chrome Extension Details:

Amazon Extension Use: Multiple Use (Product Research, Competitor Analysis, Etc.)

Language: English (United States)

Chrome Web Store Link: https://bit.ly/3HaOJs2

Amazon Keyword Tracker & Reverse ASIN Lookup

As the name of the Chrome extension would suggest, the Amazon Keyword Tracker & Reverse ASIN Lookup helps Amazon sellers track keyword rankings to help them rank products on Amazon search results. With the help of this Amazon seller Chrome extension, you can determine how effective your listing optimization strategy and ad campaigns are in relation to your organic position. 

Chrome Extension Details:

Amazon Extension Use: Keyword Tracking, Product Research

Language: English

Chrome Web Store Link: https://bit.ly/3LrZskj

DS Amazon Quick View

The DS Amazon Quick View is a Chrome extension built for convenience. It gives Amazon sellers relevant and vital information they can use for better Amazon competitor analysis by simply hovering over the products seen on the Amazon search results page.

Once this Amazon seller Chrome extension is installed on your Chrome browser, you can easily see details such as product sales rank, ASIN number, and who is selling the product. Instead of clicking every product listing on the Amazon search result page to see details, you hover over the products as seen in the image above. 

Chrome Extension Details:

Amazon Extension Use: Product Research, Competitor Analysis

Language: English

Chrome Web Store Link: https://bit.ly/3V5rF3Q

Amazon FBA Calculator by AMZScout

To gain better insights into your expenses and potential ROI for a particular Amazon product, you can use this Amazon Chrome extension. With AMZScout’s FBA Calculator, you can see exactly how much you will make for every sale.

This Amazon FBA calculator Chrome extension will also provide insights concerning monthly storage fees, Amazon fulfillment fees, Amazon referral fees, ROI, net margin, and more. Thus, allowing you to make data-driven decisions. 

Chrome Extension Details:

Amazon Extension Use: Fees and Revenue Calculator

Version: 4.1.1

Last Update: April 10, 2023

Size: 593KiB

Language: English and other 6 languages

Chrome Web Store Link: https://bit.ly/41HeKYf

Amazon Stock Level Spy

One of the Amazon extensions used to monitor your competitors’ inventory levels is AMZScout’s Stock Stats. This particular Amazon seller Chrome extension allows sellers to check the inventory level of a product via the product detail page. 

Chrome Extension Details:

Amazon Extension Use: Competitor Analysis

Language: English and other 6 languages

Chrome Web Store Link: https://bit.ly/3HeJ8AV

KW Index Checker and Amazon Rank Tracker

Since keywords play a crucial role in Amazon SEO, knowing what keywords your product listing is indexing and is not indexing for is of great advantage. With the help of this Amazon Chrome extension, you can scan for all the keywords Amazon considers relevant or not. 

Chrome Extension Details:

Amazon Extension Use: Amazon Keyword Tracking

Language: English

Chrome Web Store Link: https://bit.ly/3AszirC

SellerApp: Supercharge Your Amazon Sales

Installing the SellerApp Chrome extension can help you with Amazon competitor analysis, in-depth product analysis, and keyword research. This Chrome extension can help you improve your sales and monthly revenue with its helpful features, including review insights, product intelligence, and a profit calculator. 

Image Source

Chrome Extension Details:

Amazon Extension Use: Multiple Use (Product Analysis, Competitor Analysis, Etc.)

Language: English

Chrome Web Store Link: https://bit.ly/3HcOQ6k

The Funnel Guru Amazon ASIN Checker

If you are not sure whether you are eligible to sell a particular product on Amazon, you can use this Amazon extension. With just one click, you are able to look into Amazon product restrictions and your eligibility. The Chrome extension for Amazon also offers assistance to help you get approval to sell under the restricted categories. 

Chrome Extension Details:

Amazon Extension Use: Product Research, ASIN Checker

Language: English

Chrome Web Store Link: https://bit.ly/3L6BwBF

Chrome Extensions and AI Tools 

Using Amazon extensions can significantly enhance the efficiency and output of your Amazon business.  In addition to utilizing Amazon seller Chrome extensions, you can also integrate AI software, like an AI Amazon repricer, to enhance the efficiency of your business. Furthermore, other AI tools and software can deliver supplementary benefits to your Amazon business, from inventory management to customer service.

At present, Amazon has over 1.9 million sellers and 300 million buyer accounts. Hence, the competition is massive and not for the faint-hearted. Gladly, there are a lot of Amazon tools for sellers that will help you successfully start, streamline, optimize, and scale your business.

Yes, you can try to sell without any of them, but there is a high risk that you will fail. Competing in the Amazon marketplace is not a walk in the park, and that is why Amazon tools for sellers are a must-have.

In this article, we will help you see the purpose and understand why using the best Amazon seller tools is a need that will provide solutions to much bigger needs.

Why Amazon Tools For Sellers Are A Must-have

Understanding your business’s metrics is vital to your success. These quantifiable measures can help you mitigate risks and strategize effectively. The data made available to you can be used for business automation, process expansion, product research and development, inventory management, marketing campaigns, progress tracking, and competitor analysis.

Top Amazon seller tools can help you take your business to the next level. How? Let’s take a closer look at what you will gain from using them.

1. You Will Have Access to a Plethora of Reliable Data

Amazon analytics, research, and reporting tools are designed to give you data that is detailed, up-to-date, and dependable. And it’s not just any generic data, it is specific to the needs of your business.

You will be able to monitor external products and seller rankings, see how SKUs are performing, track how well your products are selling, manage your inventory, check fulfillment performance, identify your customer’s purchasing behavior, know your fees and limitations, plus many more!

Amazon has an internal analytics tool known as Amazon Brand Analytics (ABA), but access to this feature is made exclusive to sellers who own a brand. For sellers without a brand, they can make use of third-party Amazon analytics and tracking tools that are equally comprehensive and insightful.

2. You Can Stay Within or Ahead of the Competition

Amazon’s customer-centric platform is like a buyer-heaven for sellers and a lot of them have become millionaires by selling through FBA or FBM. And because of that, almost everyone wants to join the bandwagon. Since Amazon’s reach is constantly growing, so does the competition within its marketplace.

To beat or level with the competition, you need the best Amazon seller tools that will help and guide you toward profitability. This rings true for beginners and seasoned sellers. If you are doing Amazon retail arbitrage, online arbitrage, private label, wholesale, or a combination of any of four the methods – then you eminently require tools that will help you compete with the top players in your niche.

Amazon seller tools provide information that helps you improve your business and let’s you know what you are up against. You will be able to identify your competitors’ products and know what their strategies are. Plus, how well they perform in terms of sales and rankings. By looking at relevant data, you will also be able to point out their strengths and weaknesses.

Without understanding your competitive edge or disadvantages, you will have a hard time growing your business. And your chances of failure are higher.

3. You Can Make Smart and Informed Decisions

As mentioned above, Amazon seller tools give insights that are data-driven and focal to your business. With heaps of information that’s readily available to you, you can make strategic decisions based on actual figures and real-time statistics. In addition to that, you can easily identify profitable products and what is bleeding money, you will be able to know what strategy works and what does not.

By using the best Amazon seller tools, you will be able to focus on profit-building and cost-saving strategies that will help you maximize your profits and scale your business.

4. You Will Have More Free Time

Whoever said that you have to work super long hours for your business to succeed must not have known about Amazon tools for sellers. With the help of these powerful tools, you can increase your efficiency and effectiveness without having to spend extended hours in doing so.

With a  click of a button, you will be able to get real-time insights about your sales plus status updates about your inventory and deliverables. These tools will help you automate your business and lessen manual tasks that are prone to human errors and require a longer time to complete.

A perfect example is the use of an Amazon repricing tool. Manually adjusting your prices is time and energy-consuming. And if you are selling thousands of products, doing this manually could easily eat up your day or week. But with a repricing software, you don’t even need to spend hours repricing your products as the software can do it for you. This is only one of the many advantages of using tools to automate your business and there are a lot more that you can use for different purposes with equally important advantages.

Final Thoughts

Like life itself, selling on Amazon is a challenge and there are many who failed in their attempt to become successful. If you want to become someone who is able to compete and succeed in doing so, you need to employ the best Amazon seller tools that will help you achieve your goals.

Not using any means that you will be purely relying on hunches and luck. It is like going to battle blindfolded, and it could be the end of you or your business. Are you willing to risk that much? I don’t think so.

Almost every Amazon-made millionaire knows that leveraging the best tools for Amazon sellers is the key to success. And it is no secret that it could be the reason for your success as well.

In this article, we will discuss some of the Amazon repricing strategies and repricing tools you can use to improve your Amazon business. 

What Is Repricing?

Before we delve deeper into the best repricing strategies for Amazon sellers, it is best to refresh our understanding of what repricing is. 

Repricing is one of the tools online sellers use to keep their price management strategy effective. Whether you are selling on Amazon, Walmart, or other online selling platforms, repricing is inevitable. 

According to the Merriam-Webster dictionary, repricing is the “changing of price.” In the context of eCommerce, repricing can be defined as the method or strategy of updating product prices in real-time by means of a repricing software or Amazon repricer. 

Repricing strategies are implemented to facilitate the necessary price adjustments to keep listing prices on a competitive level. Thus, allowing sellers to maximize the conversion rate of their online store. 

Some of the commonly utilized eCommerce repricing strategies are Manual Repricing, Rule-Based Repricing, and Automated Repricing. 

Different Repricing Strategies for Enhanced Price Management

Like any other business, your Amazon business requires careful planning, preparation, and execution of strategies. Optimizing your eCommerce business operations will require a robust price management strategy. To do so, here are some of the best repricing strategies you can incorporate into your business. 

Manual Repricing

Manual repricing is one of the common repricing strategies you can implement for your business, whether you are operating on Amazon or other eCommerce websites. This repricing strategy pertains to manually adjusting the listing price to compete with the price set by other sellers.

Despite the technological advancement and the availability of sophisticated third-party repricing software, some sellers choose to adjust their listing prices manually. 

Some Amazon sellers prefer the manual repricing strategy over other repricing strategies because they can maintain full control over price adjustments.  

Is Manual Repricing Strategy Best for Your Business? 

This repricing method is highly recommended for sellers with less competitive items on their listings. 

Manual repricing is ideal for sellers who have few direct competitors and have the time to make frequent manual price adjustments. For instance, manual repricing can benefit from low-volume Amazon sellers, handmade sellers, or sellers with limited product catalogs. 

In contrast, high-volume sellers using this repricing method will find it difficult and time-consuming to adjust listing prices constantly. Furthermore, constant manual price adjustments of multiple listings can sometimes result in incorrect listing price entries, which may result in costly pricing errors. 

Rule-Based Repricing 

Another popular repricing method is rule-based repricing. True to its name, rule-based repricing operates within predefined rules. It simply means that a rule-based repricer adjusts listing prices based on the rules set by the seller. 

Some of the common predefined pricing rules readily available on a rule-based repricer may include but are not limited to the following: 

1. Match Buy Box Price
2. Target the Lowest Price 
3. Undercut the Buy Box Price
4. Target the Lowest FBA Price 
5. Beat the Competition by a Certain Amount
6. Beat the Competition by a Certain Percentage

When a particular rule has been established and the marketplace scenario fits within pricing rule parameters, the rule-based repricer adjusts the listing price. Hence, some online sellers consider rule-based repricing an unpolished form of automated repricing. 

Amazon provides sellers with an “Automate Pricing” tool to facilitate rule-based repricing for free. Some of the rules available on the Amazon Automate Pricing tool include:

1. Competitive Featured Offer: This repricing rule allows you to set your listing price to be below, match, or above the Buy Box offer. 
2. Competitive Lowest Price: Choosing this price rule will let you set the listing price to be below, match, or above the lowest price. 
3. Competitive External Price: This repricing rule means that the price of your SKU can match or be capped at the External Price. External price refers to the item’s lowest price from other retailers, which does not include prices from other Amazon sellers.
4. Based on Sales Units: This price rule means that you can decrease your listing price based on the sales volume target you select within a set time period. 

If you want to learn more about how Amazon’s version of the rule-based repricing works, you can check the video presentation below:

Is Rule-Based Repricing Strategy Best for Your Business?

The rule-based repricing method, whether used for Amazon or other eCommerce websites, is ideal for sellers who have no time to adjust their individual listing prices manually. The predefined rules readily available on the repricer makes price adjustments more convenient for sellers. 

However, Amazon sellers should also take into consideration that this repricing method operates under the assumption that when the price is lowered, sellers can win more Amazon Buy Box. In such a case, the rule-based repricer aims to undercut the competitors’ listing prices based on the set pricing rules. 

Moreover, since a purely rule-based repricing method focuses on outpricing competitors, it can be prone to price wars detrimental to your profit margin. Worth noting that price rules can sometimes become conflicting and will likewise require constant management and editing. 

Automated Repricing 

Automated repricing, sometimes known to the eCommerce industry as AI or algorithmic repricing, is a more advanced repricing method. Its fully automated repricing process distinguishes this method from manual and rule-based repricing. 

This repricing method utilizes AI repricer or algorithmic repricing software to ensure that your listing prices are properly optimized. Unlike other repricing strategies that are prone to human error and biases, the automated repricing method will take into account multiple relevant factors before making any price adjustments. 

A typical AI repricer considers marketplace price notifications, competitors’ price change and behavior, crucial seller metrics, and the overall market conditions to set the best possible prices for your listings. 

In some cases, an AI repricer can even predict behavioral changes of competitors based on the collected data from Amazon. Furthermore, its advanced technology can combine AI repricing with predefined rules and conditions to help you customize your price management strategy. 

Is Automated Repricing Strategy Best for Your Business?

High-volume sellers with highly competitive products can maximize the benefits of automated repricing. With the help of an AI repricer, sellers can avoid emotion-driven price adjustments while saving time and effort in the process. 

Using an AI repricer can help you quickly adapt to your competition and minimize the margin of error that can adversely affect your profit margin. You can obtain a competitive pricing advantage with a little effort through automated repricing. 

The fee involved is perhaps the only thing that concerns sellers the most about automated repricing. Unlike manual and rule-based repricing, which has free-to-use options from Amazon, utilizing AI repricing strategy comes at a reasonable price. 

However, the good thing about these third-party Amazon seller tools is that they allow sellers to use their products for free within a limited period. Thus, allowing sellers to create a well-informed and experienced-based purchasing decision. 

Which Repricing Method Should You Choose?

Some Amazon sellers looking for complete control over their product pricing activities will likely choose manual repricing. However, such a strategy will consume the precious time of sellers, especially when monitoring competitors’ prices and applying price changes to their listings. 

On the other hand, rule-based repricing will minimize the required time for monitoring and price change application. However, price change accuracy and profitability are sometimes sacrificed, especially when chosen price rule parameters contradict each other. 

Going beyond manual and rule-based repricing, you have the option to choose automated or AI repricing for your online business. 

The reliable computer algorithm or AI of an automated repricer can automatically set your listing prices based on all known market conditions and relevant seller metrics that help achieve your business goals. 

You can expect that with an automated or AI repricing method, you can obtain a tailored price adjustment directed towards surpassing competitors while safeguarding your profit margin. 

However, despite all of the facts mentioned concerning repricing strategies, choosing a repricing method for your business largely depends on the size of your business operation, your business goal, your budget, and your desire for growth and expansion.

Manufacturing software is essential for any serious Amazon seller. It can streamline your workflows, maximize your profits, and boost your business substantially. You can utilize various features to speed up processes, maintain a healthy inventory, and keep on top of orders. Overall, it can make you a better seller and bring you a more significant profit. 

In this guide, you’ll learn more about manufacturing ERP software, how it works, and how it can benefit your selling business. You’ll find out how you can boost your revenue and become more successful than you anticipated. 

What Is Manufacturing Software?

Manufacturing software manages the entire process of your business operations, from start to finish. By inputting data regularly, the software will begin to make recommendations, automate tasks, and smooth the process entirely. 

From recommending products to tracking production time to repricing, manufacturing software can help your Amazon business follow a schedule and turn a profit. Overall, the software oversees and streamlines the process. By monitoring the process, the software can make recommendations to enhance operations and improve your output. 

How Does Manufacturing Software Work?

There are many elements to selling on Amazon, and so there are several different functions to manufacturing software that could help you. The software streamlines the manufacturing process and lightens your workload. As a result, there are multiple ways that the software could simplify several areas of your selling business.

• Product Research

Manufacturing software can use website analytics and google search trends to find popular products. You can conduct searches for products, adjusting the parameters to find products in your price range and industry. This reduces time spent on product research as a convenient database is ready to help you. 

• Inventory Tracking  

By inputting regular data, you can track what inventory you have based on stock levels and upcoming orders. This ensures that you can fulfill orders. Manufacturing software can even predict when you will need to reorder materials and products based on stock levels.

• Sales Order Management 

Manufacturing software can even manage the sales process for you. It can use sales analytics to consider how quickly your current products are selling and calculate when to reorder accordingly. The software will consider production and delivery time to order the right amount of stock before you run out. This means that you will always be fully in stock and ready to sell.

• AI Repricing 

It is easy for a competitor to outprice you on Amazon and analytical software can prevent this. AI repricing evaluates competitor behavior and makes price adjustments accordingly. This software ensures that you always stay on top and keep a strong output. 

• Custom Workflows

Manufacturing software can integrate with e-commerce, shipping, and reporting websites. You can use open APIs to sync them all up to work cohesively. You can customize workflows to your needs and way of working to increase productivity.  

How Can You Implement Manufacturing Software?

Depending on the manufacturing ERP software that you purchase, it may have a different deployment method. It is essential to keep in mind which will work best for you when selecting your manufacturing software. 

Through The Cloud 

With the cloud, manufacturing software is easily accessible on any device as long as the internet is available. Anyone can access the software and see the manufacturing process. If you have a small number of employees, this would be very helpful. They’ll receive updates on products and be able to tweak the process from anywhere. 

Onsite 

With on-premises manufacturing software, you and your team can only access the software at work. They will be able to manage the software and adjust the manufacturing process while seeing the effects in person. This is great if you have a permanent setup for your selling business. 

Public And Private Cloud

Hybrid manufacturing software has the best of both worlds. On the public cloud, everyone can access the software on any device. Then, you can store more sensitive information and enforce role-based access control to protect it over on the private cloud. You have flexibility and security in one deployment method. 

What Are The Benefits Of Manufacturing Software?

Manufacturing software has an extensive list of benefits that could take your Amazon selling business to the next level.  

Always Fully Stocked

Manufacturing ERP software can monitor how much inventory you have based on data entry. Then, the software can tell you when to order any necessary stock to ensure optimum stock levels. By never running out of stock, you’ll be able to sell consistently and make a regular income. This helps you to turn a greater profit and establish a better reputation on Amazon. 

Never Get Outpriced

With AI Amazon repricing software, you’ll always stay ahead of the competitor. It detects competitor behavior and adjusts prices to ensure that no one is outpricing you. With the best price, you are more likely to sell better and do better as an Amazon seller overall. You don’t need to check competitor prices daily as the software does it. 

Reduced Workload 

With automation and tools, manufacturing software can reduce your workload. It can help you find products easier, recommend repricing items, and sync your various platforms. Manufacturing software minimizes the list of jobs you have to do by performing them for you. You get quality results without having to work as hard, so you can focus on other aspects of selling.

Make Better Purchasing Choices

Product research can help you find quality products quickly and easily. You won’t have to spend hours comparing products, costs, and delivery times. Instead, you’ll have easy access to a ready-made database of products, and with customized workflows, you can easily find a wholesaler for your selected products. Overall, you’ll pick better quality products, make a greater revenue, and spend less time searching. 

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About the Author:

Jackson Maven is a writer interested in tech, legal, and property trends. When she’s not writing, she works in commercial property management.

What made the difference for my company over the years was using the right tools to do the right things. On top of this, if you have compelling products at the best prices, you will see success. 

However, to increase that success and to decrease the amount of effort it takes, you’re going to need software because software scales. 

As a software developer myself, I’ve built many tools. Most of them are internal, but one we successfully built to a few hundred users and sold to sifted. Then I also launched SmartScout, a tool that is for brand and seller research. 

It’s really hard to build your own tool, which is why I highly recommend subscribing to other tools. You can really get some amazing things out there for a fraction of what it would cost to build yourself. 

Here are the categories that I think most Amazon sellers need to know about. 

Inventory Management 

Knowing profitability is the most important thing you’ve got. That’s why it was the first tool that I built. It’s made all the difference for us. 

You can’t afford to stock out of your most profitable products. Since this is the most important of all the tools, you should really do your research before diving in. Ask yourself these questions. 

• Is this tool designed for Amazon FBA vs. omnichannel?
• Does this organize well around my different suppliers and handle POs?
• How well does this show me my profitability, and how configurable is this?

Tools Worth Checking Out: Restock Pro, SoStocked, Skubana, Fetcher, CashCowPro, Connectbooks.

Advertising

When your advertising budget gets over a few thousand dollars, you may be spending too much time in the weeds of PPC. For our brand partners, we know we needed something that helped us kick off campaigns quickly and effectively. 

Ask yourself these questions.

• How well does campaign creation work? 
• Is this a set it and forget it?
• Is this simply rule-based, or is it actively learning about our spending?

Tools Worth Checking Out: Kenshoo, Teikametrics, Quartile, Pacvue are all leaders of the pack. My tool of choice? Perpetua. 

Repricing

Smart repricing made the difference between 14% gross margin and 21% gross margin for BuyBoxer. We did this not by pricing down but by cleverly pricing up whenever we could justify it. 

You don’t want to be doing this manually and so invest early in this. Here are some questions.

• How easy and quick is it for me to update price ranges? 
• Can I upload a file all at once?
• Anyone can price down, but what are you doing to price up?

Tools I Recommend: Seller Snap, Channelmax, informed.co

FBA Reimbursements

Getting money back from Amazon sometimes is tricky. They often owe you quite a bit. I wrestled with this problem myself and built a company called Valence which I sold in 2019. 

The answer isn’t always “What’s the best tool?”, the answer is yes. You should be using one of these tools if you’re in Amazon FBA. 

Tools I Recommend: Sifted, Getida, SellerBench

Product Research

Everyone has likely dabbled in product research at some point. Helium 10 and Jungle Scout are perhaps the two biggest brands in this space. So I won’t go into them. 

I’ll go into the new opportunity here. It’s a tool I built called SmartScout. In every approach to the same problem, we take a step back. Instead of product research like the other tools, it does brand research. 

This is simply the best tool out there for wholesalers and arbitragers that want to see the best brands. It filters out brands that Amazon Retail is selling. It can filter out brands that are selling themselves directly. 

It helps you leaf sources from the top Amazon sellers, including from my own company BuyBoxer! I launched it 6 months ago, and it has taken off and has allowed many sellers to grow their catalog size so that they’ll be more likely to really need the previous tools mentioned. 

Final Thoughts 

To make your Amazon business a better business than it was the previous week, implementing scalable tools like these makes your time more efficient. I hope these have been helpful, and let me know what you think. You can find me @smartestseller or on LinkedIn!

Things to Know About Amazon Best Sellers Rank 

What is Amazon Best Sellers Rank?

Amazon Best Sellers Rank is a score that Amazon associates to a specific product listed on its platform. Such a score is based on previous historical data and fluctuates on an hourly basis. Amazon BSR should not be confused with organic product ranking- BSR indicates how the product is performing in terms of its sales output. A product with a low BSR score suggests that its sales output is good. To put it into perspective, product A that is ranked #10 suggests that it has higher sales as compared to a product that is ranked #100.

Where Can Sellers Find Amazon BSR? 

Amazon sellers can find Amazon Best Sellers Rank without having to log into their Amazon seller account. Both Amazon sellers and shoppers alike can find a product’s Amazon Best Sellers Rank on its detail page:

Amazon.com: Screenshot (cropped) Amazon product detail page; Retrieved: Jan. 20, 2020, from https://amzn.to/3qOwQF5

As seen in the image above, for this particular product, its Amazon BSR score is 97 for the Sports & Outdoors category. As you can see in the image, each product may have various Amazon Best Sellers Rank scores depending on its performance in a specific category. The Amazon product also has an Amazon BSR score of 2 for both Men’s Outdoor Recreation Gloves, Mittens & Liners and Women’s Outdoor Recreation Gloves, Mittens & Liners, while obtaining the number 1 spot for Men’s Skiing & Snowboarding Gloves category. The reason for an Amazon product having multiple BSR scores is because almost every Amazon category and subcategory has its own distinct best seller ranking system. 

Amazon BSR vs Organic Ranking

Amazon Best Sellers Rank should not be confused with organic ranking for search result pages. The former is dependent more on the sales output of the Amazon product, while the latter is dependent on various factors. Some of the factors that influence Amazon product search ranking include but are not limited to, product optimization and pricing. Despite having different factors and considerations for ranking, both the Amazon BSR and organic ranking are related.                                                                                 

To ensure increased or consistent Amazon product sales, it is important that your listing is visible to Amazon shoppers. Hence, listing optimization is crucial in order to increase store engagement and ultimately product sales. 

What Influences Your Amazon Best Sellers Rank?    

For an Amazon product to be eligible for an Amazon Best Sellers Rank, it should first establish historical sales data. In short, a product must sell first. Amazon BSR is calculated based on product price changes, promotions, historical sales data, and recent sales in relation to other products in the same Amazon category.  

However, another factor that influences the Amazon BSR of particular products is the Amazon algorithm. Tinuiti mentioned that although Amazon is fond of historical data, Amazon has also “baked in predictive abilities into their algorithm that weighs the potential success of a product.”

With the algorithm in motion, some items that were listed years ago with already cumulative sales could be surpassed by newer products in terms of Amazon BSR, because Amazon makes a prediction on how a product is likely to perform saleswise, as compared to the older one. 

Tips to Improve Your Amazon BSR      

Focusing on factors influencing Amazon BSR is not enough. Since BSR is mainly dependent on sales, you should focus more on strategies to increase your sales. Apart from advertising, product or brand visibility is critical for increased sales. Appearing in organic search results increases the chances of customer engagement that could lead to sales conversion. 

To help you increase your product’s BSR, here are some tips to follow:

Master Amazon SEO

In order to see improved sales results, you should first make sure that your item ranks in organic searches. That is why it is necessary for Amazon sellers to have a clear understanding of Amazon SEO and its dynamics. Amazon SEO is different from Google SEO, each has its own unique features. If you wish to know more about Amazon SEO, you may CLICK HERE. 

Win More Amazon Buy Box

Since Amazon BSR is highly dependent on sales output, it is a must for sellers to win more Amazon Buy Box. Winning more Amazon Buy Box means better chances of engaging a customer and closing a sale. An important factor to take into account when it comes to winning more Amazon Buy Box is dynamic pricing. When it comes to repricing, an automatic repricer should be used to improve Buy Box win rate. 

Maximize Social Media

Another way to increase product visibility and sales opportunities is through social media. You should maximize the different social media platforms to inform online users about your products and to create links to product detail pages. 

Why Bother With Amazon BSR?                             

Understanding Amazon Best Sellers Rank is futile if you do not know how to use the feature to your advantage. You can easily use Amazon BSR for product research. If you wish to have a starting point on which product to sell online or which category to list your item in, you can rely on BSR to tell you in-demand items. 

Additionally, with the help of Amazon BSR, you can check top Amazon sellers with the best sales performance for specific categories. From thereon, learn how they approach the Amazon market, including their Amazon repricing method and product optimization technique such as keyword use. 

Amazon BSR offers more insight for Amazon sellers, providing data on sales output and direction on how to introduce changes to their Amazon strategy that could lead to better sales and improved Amazon business performance.