As we draw the curtains on 2023, it’s time to look to the next year with fresh hope, new goals, and better Amazon selling tools. Amazon business optimization
There’s no shortage of Amazon selling tools, each one more complex than the next. But your solution to Amazon business optimization might just be the SellerEngine suite: Profit Bandit, Sellery, and BuyBoxBuddy. Here’s how these invaluable tools can help you optimize your sales strategies.
Profit Bandit
This iOS and Android app allows you to see any product’s rank, list price, and estimated profit in under 5 seconds. Profit Bandit uses Amazon API to source data in real time, estimate your ROI, and produce Buy Lists for you. It can even speed through your entire inventory, if you pair your phone with a handheld scanner.
3 Key Features of Profit Bandit
Keepa Integration. Simply swipe on the dashboard to see data from Amazon.com (+ 7 other venues with the Pro version). You’ll instantly see graphs with item’s sales rank and price from the trailing 3 months.
Restriction Alerts. As soon as you scan an item or enter its barcode manually, you’ll know if it’s restricted or ‘gated’. With instant restricted item alerts, you’ll know right away if a product is worth buying.
Profit Estimates. Not only will it show your competitors (e.g., Amazon, Buy Box winner, lowest price), but it will also calculate your profit based on up to 15 factors, including cost, shipping, and Amazon fees.
Sellery
As Amazon repricers go, Sellery might be the fastest. It reacts instantly to your competitors’ price changes and it pushes a new price through within seconds. By the time your competitor catches on, Sellery’s already working on a new price tweak, so you’re always one step ahead and boosting your profits.
3 Key Features of Sellery
Real-Time Repricing. Not only does Sellery list and change prices in an instant on multiple venues, but there’s also no lag between a price change and the time it’s displayed on Amazon. So, you have a double advantage.
Buy Box Visibility. With Sellery, you get to decide which Buy Box to target (‘New’ and ‘Used’ for both MFN and FBA offers). You can then set your price limits, rules, and strategies for individual ASINs or bulk changes.
Private Label Friendly. On Amazon, your rivals might sell the same item as you or a similar one. Sellery shows you all these listings side by side. You can add or remove them from your competitor pool, as shown in the video below.
BuyBoxBuddy
BuyBoxBuddy is a powerhouse. This algorithmic Amazon repricer optimizes prices for every item in your inventory, based on their unique market conditions. It looks at all offers and takes all costs into account, including Amazon fees. But you can always tweak prices manually as well, so you always keep a steady hand on the tiller.
3 Key Features of BuyBoxBuddy
Smart Lists. These filtered lists show you the pricing strategy you’re applying to each item, the sales velocity, the Buy Box status, and where you can afford to lower or raise your price. You can use them to work on your Buy Box eligibility, stock levels, and sales performance.
Clever Analytics. This Amazon repricer is brimming with insightful data and visuals. For instance, your main dashboard features your sales chart. Clicking on an inventory item reveals an interactive price history graph. Also, there are price values, trendlines, and metrics throughout.
Buy Box Optimizer. By optimizing the price for each item in your inventory, BuyBoxBuddy can improve Buy Box ownership. Most importantly, once you win the Buy Box, it will maximize your price and boost your profits, as shown on the price graph below.
How Profit Bandit, Sellery, and BuyBoxBuddy Fare Against Others
Profit Bandit, Sellery, and BuyBoxBuddy stand out for their unique features and capabilities. However, not even the best Amazon selling tools are a perfect match for every business. Let’s compare their features with those of other popular Amazon selling tools to see if they’re a good fit for you.
Profit Bandit vs. Other Tools
Profit Bandit is a mobile scouting app that provides fast and accurate profit calculations. It’s particularly useful for sourcing products and calculating potential profits. However, it can’t point you to potential suppliers, reveal IP infringements, monitor keywords, or process wholesale lists, like other tools might.
Sellery vs. Other Tools
Sellery is a powerful Amazon repricer that reacts to price changes instantly. However, it doesn’t provide insights into other sales channels like eBay or Shopify, and it doesn’t support venues like Amazon Egypt and Poland yet.
BuyBoxBuddy vs. Other Tools
As an algorithmic Amazon repricer that specializes in boosting Buy Box ownership, BuyBoxBuddy is perfect for new sellers and those with a hands-off way of doing business. But it doesn’t have the ability to create new listings on Amazon and it’s also not available for all marketplaces or other sales channels.
How to Choose Your Amazon Selling Tools
Whether they’re scouting apps, keywords research software, feedback managers or repricing tools, they’re all designed with one goal in mind: Amazon business optimization. So, as you scour the internet for the right Amazon selling tools for your business, remember to try them out first.
It’s important to keep every tool’s USP in mind (e.g., real-time repricing for Sellery, instant profit estimate with Profit Bandit). But also consider the pricing model, the scalability, and the software’s compatibility with your existing systems and your business model.
For instance, if you’re into arbitrage, you could take advantage of Profit Bandit’s scanning and sourcing features. If you’re new to Amazon and hellbent on winning the BuyBox, then BuyBoxBuddy might just be the repricer you’ve been looking for. And if Private Label is your forte, it’s time to try Sellery.
Whatever you decide, remember to check back with our blog to see what’s new on Amazon. With over 2 decades’ worth of experience developing Amazon selling tools, we know that rules, policies, and strategies come and go. But only the best Amazon business optimization tools will stand the test of time.
Melanie takes an active interest in all things Amazon. She keeps an eye on the latest developments and keeps Amazon sellers up to speed.