Softwares and Apps for Success
Softwares and Apps for Success
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Included in my top recommendations are some that aren't Amazon specific, but useful to have for your business. These tools are how I save time and maximize profits!
Included in my top recommendations are some that aren't Amazon specific, but useful to have for your business. These tools are how I save time and maximize profits!
Notice: some of the links below are affiliate links.
Free 30-day trial and then $49/month
Free 30-day trial and then $49/month
If you've ever sent in an Amazon shipment of multiple boxes using Amazon's listing process, it's a no brainer why my #1 recommended software to invest in as a beginner is Inventory Lab. Inventory Lab allows you to list and manage all your inventory in one place, as opposed to listing and creating shipments in Seller Central, you are able to list your costs of goods and where you sourced the item as you are listing. It's important come tax time to have an accurate inventory of items and the alternative to Inventory Lab would be keeping a separate spreadsheet and updating it as you go. If you only have a handful of ASINs you're selling this might not be too overwhelming, however, if you're frequently adding new listings or buying inventory from different places for different prices, it'll get very complicated fast.
Another benefit of Inventory Lab is their reporting and profit and loss sheets, they take complicated to read reports from Amazon and simplify them. They're also able to fully encompass your numbers because unlike Seller Central Reports, it knows your COGs and other business expenses. If the huge time saver in shipments and accounting wasn't enough, included in your monthly subscription is access to the Scoutify 2 scanning app. Scoutify 2 quickly shows profit, category, and ranking based on the guidelines you give it. Once you decide you're going to purchase an item, simply add it in store to a 'Buy List' and sync it to Inventory Lab when you're ready to send the shipment in.
BQool
BQool
Free 14-day trial and then $25-$100/month based on plan
Free 14-day trial and then $25-$100/month based on plan
Bqool has multiple levels of repricing plans based on your business needs. They have an innovative AI repricing software that can update your listings as fast as Amazon allows, the AI plan has 5 varying degrees of strategies that you can select for different listings, whether you're prioritizing profit or velocity. The AI plan yields better results, but if it's not quite in the budget yet, the $25 rule-based strategy is better than manually repricing your listings once or twice a day. With Bqool's repricer you can set a varying margin, ROI, or dollar amount you want to sell your item for and the repricer will go in and change your price every 15 minutes to try and win the box and get more sales for you. I noticed an incredible difference in sales when I sign up and turned on my AI repricer for the first time.
When I look at my monthly investments in softwares for Amazon, it's important to look at them as your "cheapest employees." For example, the most affordable plan on the BQool Repricer, the software reprices all of your listings every 15 minutes to try to get the Buy Box. So for $25 a month, you could have an "employee" updating your pricing every 15 minutes. That's beyond a worthy investment to me and it means one less thing you have to worry about or spend time doing everyday.
Free 30-day trial and then $99/year
Free 30-day trial and then $99/year
If you do a lot of manual OA or picture sourcing, RevSeller is a powerful Chrome extension to quickly calculate Amazon FBA or FBM revenue for a product right on it's Amazon listing page. No more bouncing back and forth between your phone or Seller Central, a fee calculator pops up right on Amazon.
As seen in the screenshot example, you'll quickly see the rank and the category. Below that with the calculators, you'll see the list price and profit after fees. You can easily see if an item is profitable or if you should move onto another listing. In the top corner you can also review if there's any special requirements to see about the ASIN such as being Hazmat, Meltable, or Restricted. I love being able to source right from the Amazon customer page!
Keepa
Keepa
$22/month for premium features (originally charged in Euros)
$22/month for premium features (originally charged in Euros)
Although there is a free version, it only shows the bottom of the barrel of the valuable information that Keepa tracks on Amazon. The Keepa Chrome extension shows you the historical sales rank and pricing data right on the product page. With this feature, you can make guided judgments on the profitability and sales velocity of a listing. You can also see the number of historical offers for each ASIN and how that affects the pricing.This data is especially helpful for pricing and purchasing seasonal items. Keepa also offers an app for when you're on the go sourcing.
As a surface level rundown, the green line shows the changes in the sales rank, frequent changes in sales ranks are good, especially if it is a historically low range. The pink line shows the historical Buy Box price, it's good for this line to be either stable or trending upward. In the second box with the lone purple line, you see the changes in offers, or the amount of sellers selling on this listing. I usually only factor this in if it is trending upwards (meaning more sellers are selling this listing) and the Buy Box is also trending downwards. To me, this is a winning Keepa graph.
Free - makes you money!
Free - makes you money!
Rakuten is a cash back Chrome extension for online shopping. If you start doing online arbitrage, you'll be doing a lot of online shopping. Rakuten helps you earn cash back on items you were already going to purchase! With Rakuten, cash back varies between 1-10% on a large number of well known stores and websites. For example, if you have a $200 order with 5% cashback, you're earning $10 for simply clicking a button. If that wasn't already worth downloading the free extension, they also sell discounted gift cards via cash back. So before buying anything online, I always check to see if Rakuten has a gift card offering for that store. You can get the total amount necessary and have it sent straight to your email. Or if there's stores I know and love to source, I'll buy a gift card before heading out. They also have a variety of gift cards for travel and restaurants so it's definitely something you should be utilizing in your personal life as well. They'll send you a quarterly "Big Fat Check", send your earnings directly to your PayPal, or you can choose to donate your change to a partnered non-profit.
Seller Bench
Seller Bench
25%/commission of recovered money
25%/commission of recovered money
Seller Bench syncs up with your Amazon account to look for lost items, damaged items, and inbound shipping discrepancies that Amazon hasn't properly reimbursed you for. Seller Bench is commission-based, so you only pay them 25% of any money they've successfully gotten you a reimbursement for from Amazon. The alternative is running and comparing multiple reports and then filing individual claims, which is a lengthy process. This is one of those things that to save me the headache is worth 25%.
$99/year or $199/lifetime
$99/year or $199/lifetime
IP Alert is a crowd-sourced IP warning database, it's a Chrome extension that pops up as you are on an Amazon listing. If the brand is known to file IP Complaints against sellers, the extension will display a red alert when you are on the ASIN page. If there are no reported problems with the brand a green check mark will appear next to the brand name. It also comes with an app for in-store sourcing. Since IP Complaints pose a big risk to account health and a big headache, it's best to avoid them.
Free - earn gift cards!
Free - earn gift cards!
Use Code: GPT3C to get 2,000 points
Use Code: GPT3C to get 2,000 points
Fetch Rewards is a rewards program that lets you earn free gift cards for buying everyday items and uploading the receipt. While it admittedly takes a while to earn gift cards, being able to earn free money just for snapping pictures of the receipt of items you were already buying is pretty cool. I also have my specific Amazon seller email linked to my Fetch account so I get rewarded for all OA purchases as well.
Free or $10/month for Premium
Free or $10/month for Premium
If you're a first time business owner, it's important to keep accurate track of any mileage you use for your business. Hurdlr offers an unlimited free manual mile tracking or if you upgrade to their $10 a month Premium plan it automatically tracks miles for you. You just have to categorize them for business or personal.
Some of the links above are affiliate links, so I may receive a small commission, at no cost to you, if you make a purchase through a link. All opinions and reviews are my own. See my disclosure.
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