AMZScout review - everything you need to know
|What is AMZScout used for?|
|Difference between AMZScout Chrome extension and web application|
|Most valuable AMZScout features and how to use them|
If you want to join the ever-growing pool of successful Amazon entrepreneurs, you need the best possible tools. It’s not enough to just decide upon a product to sell, type in some title and description, cross your fingers and hope for the best. With the number of people joining the Amazon sellers program growing every year, you should look for every possible advantage you can get. Precisely for that reason, AMZScout has been developed. It is a software that will help you find lucrative products using a vast amount of data gathered from Amazon so that you can make the most of your FBA venture. If you are interested in knowing more about this amazing product, read on.
What is AMZScout used for?
AMZScout is a comprehensive tool designed to guide you through all the different steps on your FBA journey. It will help you decide on what product to sell using market data, it will estimate sales of that product, it will also help you find the best keywords to target not to mention that it will give you an insight into your competitor’s strategy so that you can always be one step ahead of them.
Some of the features AMZScout offers are:
- Product sales estimator
- Historical pricing data
- Insight into the ranking of products
- Analysis of your competitor’s listing
- Profitability calculator
- Insight into product research data
- Fee calculator and much more…
AMZScout has made its pricing options quite simple. You can choose to be billed monthly or you can choose the lifetime option.
The prices are:
- $44.99 for the monthly option
- A one-time payment of $199 to use it for a lifetime
Difference between AMZScout Chrome extension and web application
You can choose to use AMZScout either as a Chrome extension or you can spend most of your time on the web application. Although the web application is more comprehensive since it is deeply integrated with Amazon API, the Chrome extension is also quite useful.
While using the web application you do not need to open up the Amazon page, since the app has a direct link with all the data Amazon provides.
The Chrome extension is mostly used to:
- Find profitable products by honing in on a specific niche
- Analyzing product page
- Analyzing seller page
- Analysing Amazon’s search page
To give you an additional edge over the rest of the people vying for the same share of the market, the Chrome extension will also give you a nudge in the right direction with functionalities such as Get Niche Idea.
Not only that but by using Potential Score and Product Score you can make an educated decision when deciding upon a possible product to sell on your store.One drawback is that it’s only available on Google Chrome.
Web application, on the other hand, is compatible with all browsers and it provides you with all of the functionalities of the Chrome extension as well as some additional ones.
It comes with a keyword explorer tool that will give you some valuable insights into search volumes of different keywords so that you can expand the number of keywords your listing is targeting, all for the purpose of capturing the greatest amount of search traffic possible.It will also provide you with a feature of product tracking. To gain insight into market trends you can choose to track up to 80 different products and see how the sales figures, prices and such are changing in real-time.
Most valuable AMZScout features and how to use them
While AMZScout offers a vast amount of possible features that you can (and should use) to gain every possible inch of advantage over your competitors, there are 6 particular areas of interest where you should focus on and these are:
- Keyword research tool
- FBA fee calculator
- Product tracking
- Sales estimator
- Product searches
- Information about suppliers
So, let us begin.
Keyword research tool
If you want to make the big bucks, you have to get your keywords right. There is no way of going around them. Your number one priority is to list as many possible keywords in your listing to capture as much traffic as you can. You have to make sure that your product rises on the first page of results when it comes to Amazon search.
Precisely for that reason, the team at AMZSCout has developed a Keyword research tool. This tool will give you the necessary information such as:
- Top ranking keywords
- The volume of searches for each keyword
- Historical overview of search frequency and ranking for every keyword
If you want to utilize this data to the maximum you should include the best performing keywords in the product title and the rest in bullet points and backend keywords.
FBA fee calculator
Knowing your fees is all the difference when it comes to putting another zero next to your banking account. People are sometimes forgetful of the size of the bite that Amazon takes out of your revenue with each product sold.
If you want to know the correct amount of fees you are paying to Amazon (and you should) AMZScout fee calculator is the right tool for that job.
In addition to calculating the size and weight of your product which will come into the fee calculation, the fee calculator will also give you a correct assessment of all the commissions that you are eligible to pay.
If you want to be able to find out the best performing products in a certain category as well as predict potential market trends and shifts, you must use the Product tracking tool.
There is no other way of gaining such valuable insight into the movement of the market as watching historical data such as prices, search volume and sales data of products in a niche you’re interested in.
Although it may seem like a tedious and boring job, it will pay off down the road when you correctly asses an upward trend and jump first on that opportunity.
One of the best indicators of potential product profitability is the number of sales. Although certainly not the only indicator you should be worried about, it certainly lies there at the top.
Not only will the Sales estimator give you an estimation of the number of sales of a certain product, but it will also use the historical data to predict future sales as well. It’s a great tool to gain insight on whether or not that product has a seasonal sales graph or if it’s selling constantly over time.
If you want to know which product is hot and trending there is no better tool that Product searches to give you an insight into the Amazon marketplace.You can narrow down the search results based on:
This tool is among the most important ones as the number of searches for a certain product is an extremely important indicator of profitability. You can choose on which product to hone into based on:
- Number of average monthly sales
- Review number
- Profit margin
- Bestseller rank
It’s a great tool to get a feel on which products are wanted in the marketplace.
Information about suppliers
Let’s face it. Chances are there are other people looking to sell the same product as you. So how do you gain a competitive advantage?
Most of the profits are made at the moment of buying the product. If you manage to source the same product at a lower price then your competitors well then you can afford to sell it at a lower cost, thus covering your expenses and ensuring your profit.
In most cases, selling on Amazon is a race to the bottom, so you have to secure yourself a deal that will keep your prices low.
By using supplier information on AMZScout’s web app you can do just that. It will provide you with a detailed list of all the suppliers that source the product you are interested in thus allowing you to secure a good bargain.
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.