What can you dream up for your ideal scouting app?
Here are Austin’s “outside the box” ideas of what you could do with Profit Bandit. Austin, our Profit Bandit product owner, was excited to get into this creative mind game.
Do you want to play this game with us?
Help you Sell stuff before you Buy it
I’ve sourced with Profit Bandit and listed items only to watch them sit on my shelf for a week or a month before selling. I made a profit, but I wanted something faster. Then a colleague of mine developed a simple manual repricer that let me see an XY graph showing price history and price movements for all my competition.
It also showed who had the Buy Box price.
It had a simple on screen slider I could move with my thumb to quickly change my price. I moved my price near the Buy Box price for about 10 items in just a few seconds, and then I went to lunch.
When I came back an hour later, I had sold 5 items. I’d never sold items faster, or felt I could make money quicker with Profit Bandit.
What if Profit Bandit could quickly list an item you found to have a decent profit margin, set a minimum price floor, and automatically reprice your item to get you the Buy Box, all while you were still out scouting? Then, as you continued scouting and finding other profitable items, you would eventually end up with a bunch of items you’d have already sold before you were even done scouting! You would also end up with a bunch of items that maybe hadn’t sold yet, but that you would have already won the Buy Box for! You could buy the ones you’d sold or won the Buy Box for and automatically delist the rest!
note: this would only work for MFN not FBA.
Do Online Arbitrage while you waited in line at the grocery store
What if Profit Bandit could let you go to any supported website (target, toys R us, walgreens etc.), search for any page on that site with multiple items for sale, and give you a detailed scouting report for those items? For example, this could be a clearance page for household items or toys. You could press one button, and Profit Bandit would give you an on screen list of which items were profitable on Amazon. Then you could go to another page on the same website, or a different website, and repeat. You would end up with a “Buy List” of items you could source from that website to sell on Amazon.
Help your friends sell their stuff
What if we released a free app for all your friends? They could scan their stuff that they don’t want anymore, then SellerEngine would send them a box and packaging materials so they could send it to us and we would sell it for them. You’d get a cut of all the sales from your friends, and all their friends. All you’d have to do is get them to download the app and “friend” them via Profit Bandit.
Please tell us what your dream scouting app would do, and we’ll try to make it happen. What do you think about the things I’ve dreamt up here?