How was your Amazon business’s performance last year? Was it outstanding? Was it good? Or, is it something you need to work on?
If your answer is it’s something you need to work on, have you dug deep what part of the business needs improvement?
A lot of times, as business owners, we tend to just go with the flow. Bad sales? Must be the season. Good sales? I have great products. Sometimes, we forget to find the root of what seems to be the issue. We just rely on what the next day, week, month, or even year has to offer.
This is wrong. It’s a habit that any seller must stop.
Do not rely on the mindset that “this month might be awful, but I’m sure next month will be better.”. It is great to be optimistic, but always remember to back it up with action plans. Also, your action plans should always be data driven. Learn your numbers, study them, then formulate your actions after.
Apart from this, you should also ask yourself if your business is well-equipped with necessary tools to perform well. For some sellers, especially new ones, they are not sure which necessary tools they should have.
Because of that, we’ve compiled the top 5 Amazon FBA Tools and Services All Sellers Need to be Using in 2022.
Keepa is a reliable app, that when utilised effectively, can give important data you can use whenever you’re out and about sourcing for products.
With Keepa, it has a graph which provides data such as Sales Rank, Amazon, Marketplace New, Marketplace Used, etc. Also, part of how amazing Keepa is as a product sourcing buddy, is the capability to see past-dated data. You’ll be able to select which data you’d like to see: day, week, month, 3 months, a year, or if you’re feeling fancy, you can also view all data Keepa has kept track of that specific item.
Another good thing about Keepa is that you’ll get the important features even without paying for a subscription. However, if you really want to maximise its usage, you can always pay to subscribe to access the other functions.
Seller ToolKit or STK
STK is an Amazon arbitrage business owner’s dream partner. It is a tool that lets you manage and view all your business-related numbers, which seamlessly integrates with your Amazon account to assist you in managing your inventory, profit and loss, reimbursements and so much more. You can use the Seller Tool Kit through your computer, on your phone or even from your tablet.
One of its features is the Real Time Dashboard for your account and SKUs. It provides you with the key statistics and seller metrics for your account in one place - simple and easy to read data. You can also see metrics for any date by selecting the said date from the dropdown menu.
It also has a Smart Calculator, which you can use to manually reprice based on the required RoI or Profit Amount on a SKU at any time. STK also features Auto alerts for important notifications, for example: Negative Feedback, New Unfulfillable Items, Changed Listing and so on.
SellerAMP SAS boasts that you can easily understand key indicators that help you profitably source products to sell on Amazon. This is whether you’re doing Retail Arbitrage, Online Arbitrage, and wholesale. SAS analysis also helps you quickly answer the key sourcing questions:
Can I sell it?
Does it sell?
Is it profitable?
With just one subscription, you’ll be able to access it in three ways:
Through the Chrome Extension
Through its web app
And through their mobile app
Here are some of SellerAmp SAS’s features:
Fast access to data that can quickly make your buying decision including your maximum cost, profit and ROI
Easily see if you are ungated and approved, and if there are HAZMAT, Dangerous Goods, IP or PL issues
Export your analysis data from SAS to a Google Sheet
And a whole lot more!
If you wish to know more about SellerAmp SAS and its features, you may check their website here. They offer a 14-day free trial to start with.
FBA Deal Source
A reliable deal sourcing software is a huge help for business owners who want to scale up their businesses. Most of the time, sourcing for profitable products can be quite a taxing task. Enter the FBA Deal Source.
FBA Deal Source is the world’s first 7 days a week Amazon FBA sourcing service.
With their service, you’ll have access to their dealstream with thousands of deals. You can shortlist the products you want to sell using their advanced Pro Deal Search & Filter System, based on your business profile - they will remove mismatches, out-of-stock, private label, and brand restricted items. You can verify that opportunities meet your selection criteria and business targets - they apply very high minimum standards and provide the key calculations you need to make an informed purchase decision. Lastly, you can purchase the products using the retailer details they provide, and make a profit every single time they sell.
For more details regarding this invaluable sourcing service, they currently offer a 7-day free trial right here.
This last service that any seller needs is related to hiring a virtual assistant or VA. Yes you can hire a VA on your own. However, have you ever thought of how tedious this process can be?
Some of the steps involved in hiring a VA include:
Creating a job ad
Posting on different platforms
Scheduling interviews for each applicant
Creating a training program
Can you still fit these tasks in your daily routine?
The wisest move is to partner with a reputable VA-recruitment company. This way, you’ll just give them what VA role and other preferences you require, and they’ll do the rest for you. It is a smart investment since the time you plan to spend on hiring on your own will be devoted to higher-valued tasks.
Global VA Solutions, or GVAS for short, is just that company. Providing service from sourcing your VA, hiring, onboarding, and training your VA. You can be guaranteed that your VA will be fully equipped before they deploy it to you.
They offer top notch service and have received numerous excellent feedback from their clients. If you’re keen to know more, they offer a free consultation call to anyone who plans or in the process of hiring their superstar VA.
Book your free consultation call here.
Your success depends on how you manage your business, as well as the right partners. These tools and services have been tried and tested by us, so you can be guaranteed that their quality is excellent.
Need More Help? Here Are Some Additional Resources
Get Coaching: Want our help growing your eCom business? Apply for our Arbitrage Experts Academy Programme Here.
Free Training: How to start, systemise and scale your online business. Register Here.
Book a FREE Strategy Call: Get 1-2-1 support from the OSC Team to devise a tailor made plan you can follow to achieve scale. Click Here.
Get Expert Virtual Assistants: Want to build your team of transformational VAs and free your time? Learn more here.