AMZScout tool group buy account - Provides sellers with product and market information

What is Amz Scout?

AMZScout is a promising tool that provides sellers with product and market information that will help them achieve success with their Amazon business. The tool can be used to gain insights about product searches, estimate revenues, gain more visibility, analyze the quality of product listings and overall increase sales figures.

The tool gives access to historical pricing trends and product rankings. As a comprehensive suite AMZScout helps sellers make the most out of their online business.

Now that we have explained what the tool is and what it does, we will share more details about its features and usage.

AMZScout Tools

The AMZScout Pro is made up of some heavy tools, and rightfully so as they have the power to process data from the entire Amazon product and search database. It is much more extensive than the chrome application for this very reason. Chrome applications cannot run these heavy programs without hanging up your browser billions of times.

When you sign in the web application, the navigation is quite easy. You can easily find all the features in a custom made dashboard that is aimed to provide sellers ease and comfort of use. It is better than a few other tools where sellers get confused with all the information on one screen.

There are three main functionalities of the app, and they are all a must-have for any Amazon FBA tool. The product database, keyword research tool, and product tracker tool. 

Here, we will look into each of these features individually and line out how to utilize them correctly to boost business.

The Product Database

The Product Database exists to ensure that sellers can find products that have the potential to make a good profit. A seller can log in to the dashboard and enter a keyword, or product ASIN in the product database to find out the products that are similar to this.

After running a quick search, any similar products, along with photos and details will be listed in the search results. This data is very easy to understand and the sellers need to look through the products to see what the revenue of the product is, and what the cost of selling the product on Amazon is. This way, they can set up the other filters to rule out any products that are too competitive or do not have that good of a profit margin, or is too costly to start selling for them.

The app also allows you to search without keywords and see a mix of categories. In that, you will also find a filter to categorize, and another filter which will enable them to see the trend data for the products. The Google trends data speak a lot about the salability of a product.

Product with downward trends must be avoided as they are considered undesirable. AMZScout features are truly accurate and the products pose a lot of potentials when searched methodically.

Keywords Explorer

The purpose of the Keyword Explorer is not hyped enough. There are two main ways you can use the AMZScout Pro Keyword Explorer.

First, you find keywords that are relevant to your listing. If you already have a product in Amazon, you can use this tool to search for keywords that are high volume. That means keywords that most users search to find your product or a similar product.

Adding this in your title, and description will enable you to get a ranking next time someone searches for this keyword.

Secondly, you can also use the Keyword Explorer to find product niches that are in high demand. Start by using a single keyword that is of interest to you. If you are a plastic water bottle seller, you can maybe use a keyword like ‘waterproof plastic bottles’. This will give you a list of relevant keywords related to this. You search the list and see the search volume of each keyword. In this list, maybe the highest volume keyword is ‘leak proof water bottle’.

Depending on the competition for this product, you can market a variety of this product, with this keyword. So, when a buyer looks for a leak-proof water bottle, they will be directed to your product page. This is how sellers come up with good product ideas based on market demand. We suggest making the best use of this tool to ensure you are sourcing products that will profit you in the long run.

When selling a product, seasonality also matters. You do not want to start selling ice coolers in the middle of winter. Or ponchos in summer.

Another useful feature is that the list can be exported in excel for further analysis.

Product Tracker

This is the place where you save all the products that you want to sell in the future. You create a neat database that you evaluate further and revisit at a later time. The extension will let you track these products directly, and the save button will automatically add it to the tracker list. The access button makes it easy to see all the related information like trends and sales data. 

Amazon FBA Calculator

The Chrome extension has the most important tool of all, the AMZScout FBA calculator. When you sell a product using the FBA services from Amazon, there are a lot of fees involved. You simply cannot source a product and add a markup to it and begin selling.

 You must consider all the individual fees you are paying per unit, for picking, packing, handling, delivery, and return and customer service of the data. This can be a tedious task for even a small seller, let alone a seller who has a lot of products in stock.

Every product charge is varied depending on the size, dimensions of the product, how long you choose to store it in the warehouse if there is an issue with the inventory and if you want to remove a stock that is not selling as well as your other products. Now the FBA calculator does it all for you. 

When you are browsing a product, all you have to do is open the product page, and the FBA calculator will calculate the individual fees for that product and show you the final price of the product. Now, this would be a fairly simple process. The calculator shows you the fees, you add a markup to it and begin selling a product. But that is not how market demand works. 

A customer will only want to pay so much for a product, and FBA costs can get quite pricey because there are so many factors. This makes some of the products that seem like they have a lot of potentials, completely unviable. So you cannot just start selling these products without knowing if the price justifies the product and your profit margin.

Here are all the factors that the FBA calculator takes into account when calculating the fees. If you do this manually, the logistics itself will become a nightmare.

•    Product details

T his data is related to the size of the product. When you enable the Chrome Extension and open the tool, it is detected by the calculator automatically. The program already has the data on how much each size of product costs in handling, picking, packing and delivery.

However, if you have a product that is a little different than the one on the Amazon screen, you can adjust the dimensions accordingly through manual intervention, so the calculator has the correct estimates.

•    Product Costs

The unit cost of each product may vary depending on which supplier you are sourcing the product from, what the order quantity is and how good you are at negotiations. Generally, in sales, a higher-order number means the price of the product is lower. Bulk buying is a cheaper option.

Therefore, the price of buying the product plays a huge role in the FBA fees calculation. In case you are just trying out a product idea and have only a vague estimation of what the product might cost, you can enter your estimated details in the app manually. It can be later readjusted to the correct amount to get a more accurate result. 

•    Shipping cost

Shipping costs are a major factor in deciding the deal. No matter where the supplier is based, the product has to be shipped to the Amazon warehouse. If the factory is situated in china as is the case for a lot of products, there is a cost involved for freight carriers and shipping through sea vessels.

 Therefore these costs are taken into account when Amazon calculates the shipping fees and they are also in accordance with the dimension and size of the product.

•    Monthly Stock

 Whenever you drop off inventory at an Amazon warehouse, you are using their facilities to store your product. Depending on your sales orders the products will move off shelves and be processed for delivery.

Meanwhile, the storage space is still dedicated to your occupancy and Amazon cannot sublet this space to anyone else. So you are renting a place for your products to stay until they are sold. This is to discourage sellers from misusing the storage facility by storing up a huge number of stocks when the sales rate is high.

•    Commissioning and Packaging

Amazon provides the packaging materials for a product, such as a box, adhesive, stickers, packing peanuts and other protective products to make sure the product reaches the hands of the customer intact. So, depending on what you are selling, you must be ready to pay the packaging fees.

•    Referral Bonus

For every product that sells on Amazon, there is a referral fee Amazon deducts per unit item. This is the charge for using their eCommerce website and can range from up to 15% of the cost of the product. Sometimes there is a flat referral fee, and sometimes it can go as high as 15% depending on the profitability of the product category.

It might seem unfair to some. But this is merely the price to pay for being able to sell on the Amazon site which had half of the world population as their customer base. One cannot deny the opportunities are unparalleled. And if the chosen product is good enough, this referral fee will not cause much damage to your profit margin. Which is what this tool is all about.

FBA calculator shows you the ultimate selling price after considering all these fees.

AMZScout Pricing and Discount with Coupon Code

Starting at 29.99$ a month for every feature + 20 products tracked till 80 products tracked.

There are 3 available plans

AMZScout Basic -- $29.99

Includes:

•     Product database
•     Keyword explorer
•     Unlimited ideas for product search
•     Scout competitors trades
•     Check out what’s easy to sell
•     Explore items with little rivalry
•     Fast & Friendly Support
•     Product tracker for 20 products

AMZScout Start -- $39.99

Includes:

•     Product database
•     Keyword explorer
•     Unlimited ideas for product search
•     Scout competitors trades
•     Check out what’s easy to sell
•     Explore items with little rivalry
•     Fast & Friendly Support
•     Product tracker for 40 products

AMZScout Business  -$59.99

Includes:

•     Product database
•     Keyword explorer
•     Unlimited ideas for product search
•     Scout competitors trades
•     Check out what’s easy to sell
•     Explore items with little rivalry
•     Fast & Friendly Support
•     Product tracker for 80 products

AMZScout Trial

• 7 day free trial. No credit card needed.

Conclusion

In conclusion, AMZScout is a comprehensive tool that gives its users all of the information they need to find a profitable product, source it from the supplier and optimize their Amazon listing to secure the maximum amount of sales. It is also reasonably priced and it comes together with a Chrome extension that will save you a lot of fo time searching the Amazon for the best product. By using AMZScout you are sure to meet and exceed all and any of your FBA business objectives.