As an Amazon seller, you’re probably aware that there are a lot of tools and resources available to you online. The challenge sometimes isn’t finding a tool, it’s knowing which tools are actually going to be helpful and which tools you shouldn’t bother with. Depending on how much time you have to research what’s available, knowing what works for others can be vital to your research.
As you’re working through the process of figuring out which tools are going to be helpful it’s always good to do a little reading. Some tools out there are definitely more helpful than others but it’s not always immediately clear which tools those are. Everything from Amazon fee calculators to keyword tools are available for you to try out.
If you’ve been trying to figure out which tools will help you and which ones you can skip over you’re not alone. Many sellers are trying to figure out the exact same thing and lists like this can really help you in the process. Here are five resources you need to know about when you’re selling on Amazon.
FBA Fee And Profit Calculators
This is a tool you definitely need to have on your side. If you’re using the FBA service keeping track of how your much your listing is going to cost without an FBA fee calculator is almost impossible. There are so many aspects to what your listing fee will be it’s just not easy to do on your own. Don’t risk being wrong and getting an unpleasant surprise after your listing is live.
FBA fee calculators can help you figure what the listing is going to cost as well as give you an idea of what you need to price your item. The calculator is going to help you see how competitive your pricing can be while ensuring that you still are making money each time you sell something.
The last thing you want when you’re selling on Amazon is to find out you’re losing money with every sale. You can prevent some really undesirable results by checking your costs and making a good pricing strategy before you make your listing. If you aren’t using an FBA fee calculator yet, you need to start using one. It’s going to make a huge difference.
Have you ever wondered why a product was underperforming? It’s something a lot of Amazon sellers have to deal with at some point. You can try adjusting your pricing or changing up your listing’s title but sometimes those changes can be a big risk to take when you’re testing them out on a live listing. That’s where Splitly comes in handy.
With Splitly you can enter your listing’s information and play around with different changes. Each time you make a change you’ll get feedback on how that’s going to affect your live listing. It’s a way to see what’s going to happen without chancing your current listing’s searchability or sales rank. Using Splitly can help make sure any changes you make will positively impact both of those things as well as your bottom line profit.
It sounds similar to Splitly, true, but it’s an entirely different resource. If you’re an FBA seller you’ll definitely want to use this one in addition to your FBA fee calculator. Like you read about earlier with taking the guesswork out of FBA fees, Forecastly takes the guesswork out of restocking items.
With FBA services there’s a fine line between making and losing money sometimes. You need to balance a lot of moving pieces at the same time to make sure it’s done perfectly. Forecastly will help you know when to order more stock, how much to order, and where your current shipments are at.
Since Amazon is going to charge you for both the number of items you’re storing in their warehouse as well as issues like cancellations or out of stock orders, this is vital information. You need a way to monitor everything so you’re restocking at the perfect time. Not too early, and not too late. Forecastly can do that for you.
Amazon customers rely heavily on the reviews your previous customers have left to make final purchase decisions. In order to make sure you’re getting the best results possible you’re going to need to track purchases, reviews, and match up reviews to customers when needed. With FeedbackFive you can do all of those things.
Amazon doesn’t let you incentivize reviews, which you’re most likely already aware of. But that doesn’t mean you have to hope the reviews just happen. You can definitely follow up with customers to ask them to leave a review of their experience. FeedbackFive will help you keep track of who you’ve followed up with and who needs to be contacted.
If someone leaves a negative review FeedbackFive will let you know immediately so you can follow up with that customer. Make sure you’re reaching out to the right person by using their matching tool to match the order to the review. Reach out with ways to solve any problems the customer mentioned so you can try to turn that negative review around.
Your Competitor’s Listings
You don’t have to discount what someone else is doing to win the buy box or get more customers just because they’re a competitor. You can take their strategies and make them work for you instead. Look at what they’re doing differently and see if that’s something you can change on your listing too. Remember you can use Splitly to test those changes out too.
You can also look at their reviews to see what their customers like and dislike. If there’s a common problem being mentioned, see how your product compares in that area. If it’s something your customers aren’t having an issue with you can highlight that in your product description.
You’re always going to be finding ways to outsell the next person on Amazon. Sometimes the best info you can get about how to beat someone is their own playbook. See what someone else is doing to be the best and use those ideas for your own gain.
If you use the resources out there wisely you really can make some great changes to your Amazon listings. Without some of these resources, you really are leaving yourself at a disadvantage. Guesswork and hoping your listings do well won’t get you far as an Amazon seller. Use the resources you’ve learned about here and see what a difference they make.
Hey, I am Raj. I am the owner and content publisher at Financenize. I have completed my education till intermediate school and after that turn to a full-time blogger and content writer. I usually share the quality information for the readers in Financenize, which helps the small business, individuals and entrepreneurs and the information I share makes their task more manageable. I am expert in analyzing the current situation and deliver a profitable period to the extent. You can find me on various social media handles online.