The 8 Best Amazon Seller Resources For Streamlining Your Operation
If you’re an Amazon merchant, you’ll have no doubt already taken advantage of the Amazon seller resources available to you through the popular ecommerce platform. While these tools and programs allow you to manage products and orders, there are even more third-party software solutions and tools for Amazon sellers out there to help drive sales and take your business to the next level.
The following are some of the go-to tools and Amazon FBA software solution programs out there that you should be using to run your Amazon business.
1. Amazon’s FBA Revenue Calculator
While this technically isn’t software, the Amazon FBA Revenue Calculator is an invaluable resource for running your business. If you’re considering utilizing the Fulfillment by Amazon tool for a new product, this calculator can help to ensure that your pricing covers all expenses, including fulfillment costs.
2. Repricing Tools
The name is self-explanatory; a repricing tool updates product prices in order to score the most sales. It works by monitoring your listings, as well as competitors’, and then automatically adjusts the prices.
Without a repricing tool, you would have to conduct time-consuming daily management of your product listings. But with a repricing tool, you simply set parameters based on your profit strategies and Buy Box targets; then the repricing tool takes over. This allows your listings to pretty much sell themselves while helping you avoid profit-sinking price wars.
3. Listing Tools
A listing service or FBA listing software is an easy way to increase the number of products you sell on Amazon. It allows you to automate your listings as well as cross-list products on eBay and other ecommerce sites.
A listing tool works by connecting and syncing Amazon product data to an external database. Once there, you can add and change products, adjust pricing, track inventory and create new Amazon listings. This can give you an advantage when it comes to growing your ecommerce business.
4. Scouting Tools
Scouting software scours the Internet for the best wholesale prices on the items you already sell on Amazon. With the tool, you can set up price and availability alerts so that your pricing can be updated almost instantaneously. This can get you better profit margins when competing with other sellers on various platforms.
5. Inventory Tracking
If you have a product-based business, you’re going to be dealing with inventory. But by using an automation tool, you can save time while managing your inventory flow. Inventory tracking allows you to track inventory data, forecast sales, manage suppliers, and more. This can help to minimize overhead and maximize profits.
6. Tax Compliance Tools
As an Amazon seller, sales tax should always be on your mind. When selling online, especially if you’re utilizing a drop-ship service, sales tax obligations can pile up. This is why it’s so important to use a tax compliance tool. These software solutions help to make sure you’re collecting and remitting the proper sales tax to the correct states.
7. Seller Rating Tools
Are you asking customers for their feedback? If not, you’re missing out big time. Seller ratings are not the same as seller feedback. A seller rating is the measurement of your worth and success as a seller. It takes into account shipping time, order cancellations, chargebacks, feedback, A-to-Z claims and customer inquiries.
Positive seller ratings can be the life or death of high-volume Amazon merchants. For this reason and more, you’ll need to utilize seller rating tools that automate the approach to boosting your seller rating. These tools can provide effective, timely and automated feedback and product review requests.
8. A Barcode Scanner
While you can enter ISBNs and UPCs by hand for each of your products, it can be an extremely tedious task and one that you simply shouldn’t waste your time on. This is why we recommend a barcode scanner. This tool can capture product codes with a single click.
Keep in mind that Amazon does offer a free barcode scanner app and the Seller App includes a scanner. Research all the scanner apps out there to find the best one for your needs. Actual handheld scanners are also available. It all depends on your barcode scanning preferences.
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