Seller Snap, Author at Seller Snap Tue, 12 Mar 2024 07:39:45 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.2 https://www.sellersnap.io/wp-content/uploads/2020/07/cropped-favicon-32x32-1-32x32.png Seller Snap, Author at Seller Snap 32 32 Best Amazon Repricing Tools in 2024 – The Complete List With Comparisons and Reviews From Amazon Sellers https://www.sellersnap.io/amazon-repricer-comparison/ https://www.sellersnap.io/amazon-repricer-comparison/#comments Fri, 19 Jan 2024 01:30:08 +0000 http://54.70.163.241/?p=2044

Having competitive pricing in 2024 is imperative when selling, or considering selling online. The market is saturated with aggressive competitors utilizing what they can to stay relevant. To entice more customers, sellers may offer freebies, free delivery, responsive customer service, and hassle-free returns.

To become a successful Amazon seller in 2024, there are essentially two ways in which you can reprice your products. Manual repricing of goods, or using automated repricing. When deciding which Amazon repricer is right for you, it is important to consider the number of listings in your store and the amount of time you are able to dedicate to repricing.

If you are competing for the Amazon Buy Box, it is likely that you will need to utilize an Amazon repricing tool. We have compiled a complete list of the best tools available in 2024. When selling on Amazon, an Amazon repricing tool can potentially help you improve your sales and save time and resources. Apart from monetary benefits, a repricer can help you streamline your business, so if you want to achieve an effective repricing strategy, choosing the best repricer for your business is an important decision. Here are some recommendations as to what to look for when choosing your Amazon repricing tool, updated for 2024.

What do Amazon Sellers Need?

Amazon repricing tools can differ in cost, speed, available and experienced customer support, user interface, and of course if a repricer is manual, rule-based, or algorithmic.

How do Amazon Repricing tools Work?

Staying ahead of your competition is tough, especially since Amazon sellers coming to market are increasing year on year. One of the ways to outrank your competition in 2024 is with the help of a repricing tool. In brief, a repricing software will adjust your listing price against other FBA and/or FBM sellers, based on different factors and depending on which type of repricing software you use. Your listings are automatically populated into the software by connecting to Amazon’s API.

A repricing tool analyzes offers from all sellers on a particular listing and will either devise the necessary repricing strategy to come up with a competitive price or make price changes based on pre-configured rules and conditions set by the seller. Once the analysis is complete, the repricing software will send the readjusted listing price to Amazon, where it will be displayed for shoppers to see. Again, the way your repricing works is dependent on which type of repricing software you purchase.

How to Use a Repricer     

Using a repricing software varies from one repricing tool to another. However, the general concept of repricing remains the same. Since there is really no singular and uniform way to use an repricer because one software interface is unique from another, below is an overview of what sellers experience when using Seller Snap’s Amazon repricing software. 

When users first log in to the platform, the default repricing method is AI automatic repricing. This is an example of an algorithmic repricing method that does not require any set-up. This is what we call the “set it and forget it” style software, the repricing software learns, analyzes, and implements logical strategies to combat your competitors. 

However, if you choose a rule-based repricing method, the user journey is different as sellers have to set up thought-out rules and conditions for each ASIN. The repricing style is still somewhat automated, but sellers have to devise strategies to combat specific scenarios and take time to set these strategies up within their repricer, instead of using a learning algorithm.

The Repricing Software for FBA and FBM Sellers 

Whether you are an FBA or FBM seller in 2024, you will likely need the assistance of a repricing software. Generally speaking, the options available for sellers are manual, rule-based, and algorithmic repricing. Each has its own unique features and advantages. However, for higher-volume sellers and those wanting to experience reliable automated repricing, AI repricing is highly recommended to boost your eCommerce business for 2024

Why Amazon Sellers Should Consider an AI Algorithmic Repricing Software 

Apart from delivering a reliable repricing strategy to your business, this repricing software has more to offer. One of the reasons why sellers are turning to algorithmic repricing in 2024 is to maximize profit margins while avoiding price wars. 

On top of the unique features and analytics provided by a third-party Amazon repricing software, sellers also use this tool to help them win more Buy Box at the optimal price point. 

  • AI Automated Repricing Over Manual Repricing

As mentioned above, AI repricing offers more benefits to sellers. Apart from its automatic repricing feature, it is also much more reliable in terms of multiple listings. That is why high-volume sellers favor AI repricing software over its manual counterpart. 

Top sellers avoid manual repricing because it is prone to human error, and such a method is not fast enough to respond to the constant price changes in the market. Sticking with manual repricing is also tedious and time-consuming, especially if you have voluminous inventory. Such a tool is not cost-effective as compared to automated repricing.

  • What is Rule-Based Repricing? 

As its name would suggest, a rule-based repricing method relies on a predefined set of repricing rules. This means that the repricing software provides rules that can be readily applied to your pricing strategy. Some of the commonly available repricing rules include matching the lowest or highest price or beating the competition by a certain price. 

Although rule-based repricing is relatively better than manual repricing, it is still limited in terms of price optimization. Since this repricing approach is solely based on the seller’s pre-defined rules, rules can sometimes contradict each other. 

Factors to Consider When Choosing a Repricing Software

To help you step up your pricing strategy and win more Buy Box in 2024here are some factors to consider when choosing your Amazon repricer:

  • Repricer Type
  • Monthly Cost
  • Free Trial Period
  • Repricer Speed
  • Ease of Use
  • Commission Rate, if Applicable
  • Does It Come With Analytics?
  • Customer Service and Support
  • Contract Duration/if a Contract Is Required
  • Ability to Identify and Follow Your Competitors

What Are the Top Amazon Repricing Softwares in 2024?

 

Amazon Repricing Tool Comparison: 13 of the leading Amazon repricing tools on the market today, as of 2024

 

 

seller-snap-homepage-screenshot

 

Seller Snap is a premium AI-algorithmic Amazon repricer that combines automation and intelligence to scale your Amazon business. Developed with Game Theory tactics in mind, this Amazon repricing tool was designed to maximize seller profits, while avoiding price wars. Seller Snap analyzes thousands of price decisions every minute to detect the behavior of your competitors and select the optimal strategy to outsmart your competition.

Each plan comes with AI automated repricing, fast and hassle-free setup, customizable settings, intelligent business insights and reporting, and round-the-clock support.

Seller Snap also provides a min/max calculator to enable sellers to set min and max prices based on costs and markup. As well as this, they have an Auto-Adjust feature that (when enabled), will automatically calculate and recalculate your minimum and maximum markups if and when any of your costs (inc. selling related fees) change. The Amazon repricer tool will then set your price accordingly.

Pricing

Seller Snap has three plans available. Each plan includes AI Game Theory repricing, personalized repricing strategies, access to business intelligence and analytics, and 24/7 expert support for clients –

  • Accelerator Program: This program is intended to assist small business owners. Eligibility for the program is limited to Amazon sellers who have less than 1000 active listings and average monthly sales of less than $25,000 over the past quarter.
  • Standard Plan: This monthly plan can be utilized by up to 3 users. It caters to 1 store and up to 15,000 SKUs.
  • Premium Plan: This monthly plan supports 3 stores. 10 users can use it, and it can support up to 30,000 SKUs. Additional features include sales rank and inventory age data points, custom insights, an open API, and a dedicated account manager.
  • Unlimited Plan: To get the pricing for the Unlimited plan, you may contact Seller Snap directly. This plan supports unlimited users and multiple stores. It supports more than 30,000+ SKUs. It has all the features of the Premium Plan, plus open API use.c

Seller Snap offers a 15-day free trial period, no credit card or contract required.

Reviews

2. BQool

 

bqool-homepage-screenshot

 

BQool, also called Repricing Central, is a rule-based repricer. They offer a 14-day trial and advertise a repricing speed of upto every 5-15 minutes depending on the plan.

Pricing

BQool has four plans, based on repricing speed and features. All plans have an InventoryLab synchronization, a price and profit calculator, scheduled repricing and detailed reporting –

  • $25 Plan: This plan offers repricing for 1,000 SKUs. It has limited features and lacks premium repricing features such as AI repricing.
  • $50 Plan: This plan caters to 5,000 SKUs. It includes all the premium features, including AI-Powered Repricer and Bulk ROI settings.
  • $100 Plan: This plan supports 10,000 SKUs and includes all the features of a $50 plan. It can support up to 10 users, and users can download reports.
  • $200 Plan: This plan supports 30,000 SKUs and includes all the features of a $100 plan. It can support up to 15 users, and users can download reports.
  • $300 Plan: This plan supports 50,000 SKUs and includes all the features of a $100 plan. It can support up to 20 users, and users can download reports.

Reviews

3. ChannelMax

 

channelmax-homepage-screenshot

 

ChannelMax positions itself as an algorithmic and sales velocity-based repricer. They offer a 30-day free trial.

Pricing

  • Real Time Amazon Repricing Plans:
    • $34.99 for SKU Limit of 500 
    • $49.99 for SKU Limit of 2500 
    • $69.99 for SKU Limit of 5000 
    • $99.99 for SKU Limit of 10,000 
    • $124.99 for SKU Limit of 25,000 
    • $149.99 for SKU Limit of 50,000 
    • $199.99 for SKU Limit of 100,000 
    • $249.99 for SKU Limit of 250,000 
    • $499.99 for SKU Limit of 500,000 

    Regular Amazon Repricing Plans:

    • $49.99 for SKU Limit 10,000 
    • $74.99 for SKU Limit 25,000 
    • $99.99 for SKU Limit 50,000

Reviews

4. Feedvisor

 

feedvisor-homepage-screenshot

 

Feedvisor is an AI-based repricer that is focused on improving your Amazon revenue and profit. They don’t offer a trial period. They have three available plans: the Professional, the Premium, and the Enterprise Plan. Each plan has its own set of features, including an algorithmic repricer, access to predictive intelligence, and Amazon expertize support.

Pricing

Feedvisor does not specify the price for the plans that they offer Amazon sellers. Nevertheless, you may contact them directly to ask for the price plan and also request a demo.

Reviews

5. Informed.co

Formerly Appeagle

 

informed-co-homepage-screenshot

 

Informed.co, formerly known as Appeagle claims to equip sellers with a repricer based on strategy and insight. They offer a 14-day free trial. Informed.co offers short-term contracts.

Pricing

Informed.co has updated its available plans. From its previous three plans, it now offers two additional new plans for sellers. The price of its plans is based on the seller’s current monthly revenue.

  • $49 monthly plan for consumers with monthly revenue up to $5000.
  • $99 monthly plan for consumers with monthly revenue up to $10,000.
  • $149 monthly plan for consumers with monthly revenue up to $25,000.
  • $199 monthly plan for consumers with monthly revenue up to $50,000.
  • $249 monthly plan for consumers with monthly revenue up to $100,000.

Reviews

Trust Pilot

Web Retailer

Capterra

Trust Mamma

6. Repricer.com

Formerly xSellco

 

repricer-com-homepage-screenshot

 

Repricer.com is an Amazon repricer, formerly known as xSellco. This Amazon repricing tool aims to improve your sales and profits through dedicated net margin repricing and thorough analytics on profitability. It works through 14 Amazon marketplaces and offers a free trial of the software.

Pricing

Repricer.com has four available plans for sellers.

  • $85 Express Plan: The Basic Plan supports up to 5,000 SKUs that reprices every 15-minutes. It can support 3 channels and also provides the user with regular product performance reports.
  • $259 Plus Plan: The Plus Plan reprices 50,000 SKUs. Repricing is instant and it supports unlimited channels and has priority round-the-clock support.
  • $409 Ultimate Plan: The Ultimate Plan has the same features as the Plus Plan. The difference is that it supports up to 250,000 SKUs. It also has added features.
  • $1,249 Extreme Plan: The Extreme Plan has all the same features as the Ultimate Plan. However, the difference is that it can support as much as 1,000,000 SKUs.

Reviews

Trust Pilot (xSellco)

Web Retailer

Capterra

Trust Mamma (xSellco)

7. RepricerExpress

 

repricerexpress-homepage-screenshot

 

RepricerExpress offers instant repricing and allows you to select whether you want to include or exclude sellers based on ratings, dispatch time, and many more.

RepricerExpress partnered with Amazon Technology and can process listings on the Marketplace App Store. It offers a 15-day free trial and does not need a credit card to do so.

Pricing

RepricerExpress offers 4 plans that range from 5000 SKUs up to a million. All monthly plans have access to multiple marketplaces, automation, reports, and email/chat support.

  • £64 Express Plan: The Basic Plan supports up to 5,000 SKUs that reprices every 15-minutes. It can support 3 channels and also provides the user with repricing reports.
  • £189 Plus Plan: The Plus Plan reprices 50,000 SKUs. Repricing is instant and it supports unlimited channels and has priority round-the-clock support.
  • £319 Ultimate Plan: The Ultimate Plan supports up to 250,000 SKUs. It has all the features of Plus Plan and additional features such as Multichannel repricing and Net Margin repricing.
  • £949 Extreme Plan: The Extreme Plan supports up to a million listings. It has all the same features as the Ultimate Plan, plus the priority repricing feature. 

Reviews

Trust Pilot

Web Retailer

Capterra

Trust Mamma

8. Nu Price Repricer

 

nu-price-repricer-homepage-screenshot

 

Nu Price Repricer is a new, yet promising competitor. It has a basic-looking platform but has good functionality. It offers to reprice your inventory using a non-complicated process that can work well with the common kinds of OS like Mac and Windows.

Pricing

NuPrice Repricer offers a repricer program that costs $14.95 per month or $129 per year.

Reviews

No reviews found

9. RepriceIt

 

repriceit-homepage-screenshot

 

RepriceIt is an Amazon repricing tool that offers a highly customizable platform that sellers can easily understand. It has a 30-day trial period. If you pursue a subscription after the trial period, the billing comes every 30 days, but you can cancel the contract anytime you want.

Pricing

RepriceIt has 7 plans, and the prices are all based on the number of SKUs generated. Each plan follows a flexible schedule that the seller sets. You can formulate your profit margin and minimum price to make sure you always get the best price for your items.

  • $9.95 Basic Plan: 1 – 500 SKUs
  • $16.95 Basic + Plan: 501 – 2,000 SKUs
  • $24.95 Merchant Plan: 2,001 – 5,000 SKUs
  • $29.95 Merchant + Plan: 5,001 – 10,000 SKUs
  • $39.95 Pro Plan: 10,001 – 20,000 SKUs
  • $59.95 Pro + Plan: 20,001 – 50,000 SKUs
  • $79.95 Premier Plan: 50,001 – 100,000 SKUs

Reviews

10. Seller Dynamics

 

seller-dynamics-homepage-screenshot

 

Seller Dynamics is a one-stop repricer for Amazon. It offers automated and bulk repricing, control over your stocks and inventory, and supplier management. You can either choose to watch a demo to see how their repricing tool works or enroll in their 14-day trial.

Pricing

All Seller Dynamics’ plans have unlimited SKUs and marketplaces, automated repricing tools, and integrated stock control. Multiple users can also utilize any plan on the list. The pricing is based on annual gross sales.

  • $120 Small Biz Plan: $140,000 annual gross sales
  • $200 Standard Plan: $350,000 annual gross sales
  • $300 Standard + Plan: $700,000 annual gross sales

Advanced Plan: More than $700,000 in annual gross sales. To get the price for the Advanced Plan, you need to call Seller Dynamics directly to discuss your options with them.

Reviews

Web Retailer

11. Seller Republic

 

seller-republic-homepage-screenshot

Seller Republic is an Amazon and eBay repricer that offers repricing for international marketplaces. It offers an intelligent analysis tool with instant repricing, profit and loss calculator, and continuous chat support. Seller Republic offers a 14-day free trial period, which includes webinars and documentation.

Pricing

Seller Republic offers nine pricing plans to sellers with a 15-day free trial. The main difference for each plan is the active listings it can support. Here are the repricer plans Seller Republic offers: 

  • $28.95 Lite Plan: This repricing plan can accommodate up to 100 active listings. 
  • $48.95 Professional Plan: This repricing plan can accommodate up to 5,000 active listings. 
  • $98.95 Elite Plan: This repricing plan can accommodate up to 25,000 active listings. 
  • $168.95 Enterprise Plan: This repricing plan can accommodate up to 50,000 active listings. 
  • $278.95 Global Plan: This repricing plan can accommodate up to 100,000 active listings. 
  • $478.95 Galaxy Plan: This repricing plan can accommodate up to 250,000 active listings. 
  • $678.95 Universal Plan: This repricing plan can accommodate up to 350,000 active listings. 
  • $878.95 Cosmos Plan: This repricing plan can accommodate up to 500,000 active listings. 
  • $1478.95 Dimensional Plan: This repricing plan can accommodate up to 1,000,000 active listings. 

Reviews

12. Sellery

 

sellery-homepage-screenshot

Sellery is a real-time repricer that supports hundreds of pricing changes. Its methods adapt well to unique market conditions. Sellery features active net margin management and continuous market preview. Sellers can enjoy a 14-day free trial.

Pricing

Sellery offers a payment scheme where you pay them 1% of your monthly sales (gross). Sellery charges as low as $50 to as high as $2,000 monthly. For reference, here is an overview of the monthly payment plan: 

  • $50 Plan for sellers with $0 – $5000 gross monthly sales.
  • $85 Plan for sellers with $8,500 gross monthly sales.
  • $100 Plan for sellers with $10,000 gross monthly sales.
  • $250 Plan for sellers with $25,000 gross monthly sales.
  • $1,000 Plan for sellers with $100,000 gross monthly sales.
  • $2,000 Plan for sellers with $200,000 gross monthly sales.
  • $2,000 Plan for sellers with $300,000+ gross monthly sales.

Reviews

Web Retailer

13. Profit Protector Pro

 

profit-protector pro-homepage-screenshot

 

The Profit Protector Pro, like NuPrice Repricer, is also a relatively new Amazon repricing tool available on the market. It is an advanced algorithm-based Amazon repricer that has 6 strategies, an Amazon repricing Chrome extension, and a user-friendly interface.

Pricing

All Profit Protector Pro plans include access to various marketplaces, a Chrome extension and 14-day money-back guarantee, and a free setup fee.

  • £34.95 Plan: This plan is a monthly program that processes 1,000 SKUs. It is best for beginners to intermediate sellers.
  • £39.95 Plan: This plan supports 5,000 SKUs. It is perfect for intermediate to advanced sellers.
  • £44.95 Plan: This plan caters to 10,000 SKUs and is for advanced to professional sellers.

Reviews

Conclusion: Choose the Best Amazon Repricing tool in 2024 for Business Success

Before subscribing to any of the Amazon repricing tools above, make sure to do a thorough assessment of your business goals and needs. Utilizing a repricer when selling on Amazon is a huge factor in seller success.

We at Seller Snap aim to help businesses scale. Sign up for a 15-day FREE trial today.

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The Best Amazon Seller Tools and Services List: Your Ultimate 2024 Guide https://www.sellersnap.io/the-best-amazon-seller-tools-list-the-ultimate-guide/ https://www.sellersnap.io/the-best-amazon-seller-tools-list-the-ultimate-guide/#comments Mon, 08 Jan 2024 01:54:15 +0000 http://54.70.163.241/?p=1988

To help you gain more insight into excelling on Amazon, here are fifteen of the most useful Amazon seller tools and services. These Amazon tools fall within repricing, reimbursements, advertising, shipping and tracking, keyword research, Amazon product research tool, and other best Amazon tools. 

1. Amazon Repricer Tools

As an Amazon seller tool, a repricer enables Amazon sellers to adjust the prices of their listings. Offering a competitive price on the Amazon marketplace is crucial, as it does not only entice shoppers but also helps sellers win the Amazon Buy Box. Some of the widely used Amazon repricing software today include the following:

  • Seller Snap

sellersnap-landing-page-ai-repricer

Seller Snap is among the useful Amazon seller tools that every seller should consider for their business. AI algorithmic Amazon repricer that uses Game Theory tactics to avoid price wars and maximize profits. Seller Snap’s repricing algorithm is designed to think like an Amazon seller. Hence, recognized by many as one of the best Amazon seller tools when it comes to repricing.

As one of the important Amazon tools, Seller Snap analyzes thousands of price decisions every minute to detect the behavior of your competitors and apply an optimal strategy to outsmart them. Moreover, Seller Snap provides its users with robust analytics, similar to other tools such as Amazon product research tools.

Cost: Costs start at $250 per month for their new Accelerator Program. The Standard subscription is $500 per month and the Premium subscription is $800 per month.

Free trial? Yes, Seller Snap offers a 15-day free trial.

  • Alpha Repricer

The Alpha Repricer is another repricing software that can help Amazon sellers make price adjustments for their listings. In particular, Alpha Repricer adjusts listing prices based on parameters and rules set by the user. 

Currently, Alpha Repricer supports 16 Amazon marketplaces. Whether you are selling in North America, Europe, the Middle East, or the Asia-Pacific region, users can rely on Alpha Repricer for their repricing needs. 

Cost: The starting price for Alpha Repricer is $25 per month for one marketplace and 1,000 listings. For the most expensive price plan, Amazon sellers will have to pay $175 per month for 16 marketplaces and 50,000 listings. 

Free trial? Yes, Alpha Repricer offers a 14-day free trial.

  • Feedvisor

Feedvisor is another Amazon seller tool that can help Amazon sellers conveniently perform price adjustments. This repricing software offers automated repricing ideal for high-volume Amazon sellers. This AI-based repricer ensures optimal listings while increasing the Amazon Buy Box win rate. 

Cost: Currently, the price plan of Feedvisor is upon request. 

Free trial? Yes, Feedvisor offers a free trial for their repricer. They offer a 60-day free trial as part of their Feedvisor360 service. 

2. Amazon Analytics and Performance Tools 

An important Amazon seller tool a seller should make use of is an analytics and performance tool. The data displayed by this Amazon seller tool can help sellers better understand customer behavior and gain insight from their competitors. 

Amazon analytics, in general, helps Amazon sellers make informed decisions to achieve their business goals. Here are some of the best Amazon seller tools to help you with your business analytics and performance needs. 

  • Polar Analytics

Polar Analytics helps sellers conveniently analyze customer behavior and sales patterns of their Amazon business. This Amazon seller tool gives its users a comprehensive overview of store performance and likewise integrates with Amazon and Shopify accounts.

Cost: Price starts at $300for the Analyze Pro Plan and up to $450 for their Analyze & Enrich Plan.

Free trial? Yes, Polar Analytics offers free trial. 

  • Seller Analytics (Seller Snap) 

Apart from its repricing function, Seller Snap also offers an analytics and advanced analytics tool. As an Amazon seller tool, Seller Snap’s analytics is strategically designed to provide its users with action-driven insights to help them make better business decisions, including purchasing decisions through replenishment data. 

Cost: The Seller Analytics tool from Seller Snap is included when you subscribe to the Accelerator Program and Standard monthly plan. There is also an option of The advanced Seller Analytics tool, which is available to Premium subscribers.

Free trial? Yes, Seller Snap offers a 15-day free trial.

  • DataHawk

Another Amazon seller tool you can use for your analytics needs is DataHawk. This seller tool is an all-in-one solution complete with SEO, ASINs data monitoring, market research, and sales reporting. The data this Amazon seller tool produces gives sellers a better understanding of their products, market, financial, and advertising performance. 

Cost: DataHawk starting plan is $44 per month while offering $743 per month for their premium plan. They also provide plan customization with customizable pricing. 

Free trial? Yes, DataHawk offers a Free 14-Day Trial with no Credit Card required. 

3. Amazon Reimbursement Tools 

Due to damage or lost inventory, FBA charge errors, and other inventory-management-related concerns, sellers may claim for the amount owed to them by Amazon due to the aforementioned errors or issues. Amazon sellers may utilize reimbursement tools or services of third-party providers to expedite the process. 

  • Refunds Manager

Refunds Manager is an Amazon tool that searches for customer return issues and misapplied fees and returns correct refunds to sellers. This tool addresses the following concerns:

  • Customer returns
  • Missing or damaged inventory
  • Overcharged commission payments
  • Overestimation of prices based on weight and size
  • Unresolved issues on the return policy and replacements

Cost: Refunds Manager takes a 25% commission on the reimbursements you get from Amazon.

Free trial? No information

  • AMZRefund

When it comes to Amazon seller tools and services for refund or reimbursement, AMZRefund is one of the go-to reimbursement services for Amazon sellers. They guarantee that you do not have to make any upfront payment until they are certain that you are eligible for reimbursement. 

Their fast cloud-based tool will not require you to download or install any software, for it will only require you to set up an account and follow simple instructions to commence with the reimbursement process. 

Cost: AMZRefund’s payment system is commission-based. You only need to pay a 12% commission on the money you get back from Amazon. 

Free trial? No information is displayed on their website concerning the free trial. 

  • FBA Refunds

If you are operating in multiple Amazon marketplaces across various countries, one of the best Amazon seller tools for reimbursement you should consider is FBA Refunds. They guarantee maximum refunds for sellers through their 6-Point comprehensive audit, Manual case logging, and regular tracking. 

The reimbursement service works for multiple domains, including Amazon US, Amazon UK, Amazon Mexico, Amazon Spain, Amazon Italy, and more. 

Cost: FBA Refunds only take a commission of 12% after Amazon credits your reimbursement into your bank account. 

Free trial? No information is displayed on their website concerning the free trial. 

4. Amazon Advertising Tools

Amazon advertising tools help Amazon sellers improve brand visibility and extend their audience reach. There are various Amazon seller tools that address advertising different needs of sellers, including these advanced tools mentioned below: 

  • PPC Entourage

PPC Entourage is an advertising tool that uses Amazon-sponsored product campaigns to help sellers maximize sales. It is one of the best Amazon seller tools in the market to date. It offers an automated overview and analysis of how to build organic visibility for your products at a relatively low cost.

Cost: PPC Entourage has a $47-per-month start-up plan called Successful Sellers, which is applicable for 2-5 SKUs. Their highest plan is the Strategic Seller plan, which costs $247 for 52 SKUs or more.

Free trial? Yes, PPC Entourage has a free trial for 14 days for interested sellers.

  • SellerApp

sellerapp-ads-landing-page

SellerApp is known for its advanced Amazon advertising automation features that help improve users’ ROI. It is one of the best Amazon PPC agencies in the industry that offers refined Amazon PPC Ads specifically tailored for your business. With SellerApp handling your PPC campaigns, you can expect structured and optimized campaigns. Additionally, SellerApp can refine product research, helping you discover winning products for your business.

Cost: For sales inquiry and quote, click here.

Free Trial? Yes, SellerApp offers a Free 7-Day Trial. 

  • Amazon Sponsored Brands 

Perhaps one of the best Amazon seller tools for advertising is the Sponsored Brands advertising tool. This Amazon ad will help you showcase your brand and product portfolio. Professional sellers enrolled in Amazon Brand Registry will have an opportunity to feature their brand logo, custom headline, and selection of products on an Amazon shopper’s result pages.  

Cost: According to Amazon, sellers can bid the maximum amount they are willing to pay in CPC ads like Sponsored Brands. There is really no exact price rate for this advertising tool. 

Free trial? No information is displayed on their website concerning the free trial.

  • Perpetua

Perpetua combines artificial intelligence and human creativity with industry-leading technology to help Amazon sellers push their brands to the right audiences at the right time. Perpetua’s Amazon DSP advertising software can help you drive more sales and maximize the visibility of your products. 

Cost: The Starter Plan for this Amazon seller tool is $250 per month, and it also offers Custom Pricing for over $200,000 in monthly ad spend. 

Free trial? As per their Capterra listing, Perpetua does not offer a free trial.

5. Amazon Keyword Research and Tracking Tools

Keywords play a crucial role in achieving a favorable organic ranking in the Amazon search engine page results. Since using proper keywords is critical for listing optimization and marketing, here are some useful Amazon seller tools for keyword research and tracking. 

  • KeyworX

KeyworX is a keyword research tool known for its smart keyword tracking, cloud-based application that processes your listing’s rank through data scoring. It helps Amazon sellers find a specific organic keyword to boost their listing ranking.

This tool is considered by many as one of the best Amazon seller tools, which can easily be paired with any Amazon product research tool.

Cost: KeyworX offers a starting program of $27 per month to monitor 200 keywords. Its most popular program, the Standard plan at $97 monthly, can track as much as 1000 keywords. Their Expert plan provides tracking for 5000 keywords at $297 each month.

Free trial? Yes.

  • Google Keyword Planner

Although the Keyword Planner is not an exclusive Amazon seller tool, sellers can still retrieve valuable data and strong keywords they can use for their Amazon listings. Using this tool for keyword research will give you an idea of the rough average of monthly searches and the level of competition for a particular keyword. 

Cost: Google Keyword Planner is free to use, an ideal Amazon seller tool for sellers who plan to start small with their Amazon business.  If you are looking for a free Amazon keyword tool, then you should check Google Keyword Planner.

  • Amazon Keyword Tool 

This Amazon seller tool can give you results for search volume, trends, costs per click, and even competition for a particular keyword. Similar to Google Keyword Planner, you can use this seller tool to help you find the best keywords for your listings. 

Cost: This Amazon seller tool has three price plans, which include Pro Business, Pro Plus, and Pro Basic. The Pro Basic starts at $69 per month, while the monthly plan for Plus and Business starts at $79 and $159, respectively. 

Free trial? There is limited free use for this application.  

6. Amazon Inventory Trackers and Management Tools 

Securing your inventory, especially during peak seasons, is essential in keeping your Amazon business running smoothly. The use of the best Amazon seller tools for inventory management and tracking is a must for Amazon sellers. Here are some of the highly suggested tools for Amazon sellers to help improve inventory management

  • RestockPro

Manage and track your Amazon inventory, including pending orders and existing listings through RestockPro. It is a smart inventory system that keeps you updated on the status of your inventory. 

RestockPro is a simple Amazon inventory tracker and management tool, and yet one of the best Amazon tools that allows sellers to monitor products and also track the status of ongoing purchase orders.

Cost: Restock’s Starter Plan is $99.99 for 10,000 active SKUs and 1,000 FBA orders. Their highest program, the Enterprise Plan, costs $599.99 for 35,000+ FBA orders, and 20,000 active SKUs.

Free trial? Yes, ReStock Pro has a free 21-day trial that works without paying any fees.

  • Sellbrite

If you are in the process of starting your Amazon business, you should check out Sellbrite. It is a great Amazon seller tool for small businesses and online retailers looking to automate their inventory and shipping tasks. As a premium inventory management software, Sellbrite offers global inventory sync, reliable inventory reports, and connectivity across multiple Amazon accounts. 

Cost: It has a PRO 100 plan that starts at $29 per month and is limited to 100 orders per month. For high-volume sellers, the PRO 500 plan and PRO 2K plan are available for only $79/mo and $179/mo, respectively. 

Free trial? Sellbrite offers a Free Plan for up to 30 orders per month while providing Free Unlimited access for 30 days with no credit card required for the rest of the paid monthly plans.  

  • inFlow Inventory

If you are on a tight budget but are still looking to have an inventory management tool for your Amazon business, inFlow Inventory might be the seller tool you are looking for. It is an easy-to-use Amazon seller tool that can give you a real-time picture of items in stock. This Amazon seller tool also offers mobile apps with barcode scanning capabilities.

Cost: The basic plan of this seller tool starts at $79 per month. Its most popular plan is the Small Business Plan, which starts at $219 per month. 

Free trial? Yes, inFlow Inventory offers unlimited features free for 14 days. 

7. Amazon Feedback and Review Monitoring Tools 

Feedback or customer reviews is one of the factors considered by the Amazon algorithm for awarding the Amazon Buy Box. A review management tool or monitoring software can help you monitor, manage, and improve customer feedback. Below are some of the Amazon seller tools or services specially built to handle customer reviews.

FeedbackFive 

feedbackfive-landing-page

Free tools are a practical choice for those still starting their Amazon FBA business. However, premium software tools, like FeedbackFive, are the best option if you wish to expand your Amazon business.

Since 2007, eComEngine’s FeedbackFive has helped numerous Amazon sellers improve their product and store reputation. This Amazon feedback management tool automatically follows up with shoppers to request feedback and reviews on the seller’s behalf.

FeedbackFive is equipped with feedback request templates and product review request templates that can be used for branding or customizing messages. It also provides sellers with onboarding support to help them start requesting feedback and reviews quickly.

Cost: FeedbackFive’s monthly subscription starts at $24.00 and can vary depending on the number of emails and ASINs selected.

Free trial? Yes, FeedbackFive offers a 14-day free trial.

  • Feedbackwhiz

Feedbackwhiz is an Amazon feedback and reviews management tool with the ability to send individualized review request emails to your customers automatically. It also keeps track of reviews and orders.

Cost: Feedbackwhiz’s Starter Plan is $19.99 per month and can cater to as many as 2,000 emails. Its most popular package is the Professional Plan for $79.99 per month.

Free trial? Yes, Feedbackwhiz provides a 30-day trial without any payment or credit card details required.

  • AmzFinder

The sole focus of AmzFinder is to help Amazon sellers get more reviews from consumers. The software can assist you by automatically sending feedback and review request emails to Amazon shoppers. Similarly, this Amazon seller tool can also help sellers improve store credibility and customer ratings by managing reviews and orders. 

Cost: The customer review management plans of AMZFinder range from $29 per month for their Starter Plan, up to $54.99 per month for their Enterprise Plan. 

Free trial? No information is displayed on their website concerning the free trial. 

  • Feedback Genius

If you wish to take control of your brand and your Amazon reviews, you can look into Feedback Genius by SellerLabs. This Amazon seller tool is intended to strengthen customer relationships by creating powerful messages to encourage Amazon shoppers to leave reviews. Feedback Genius provides messaging templates, automated scheduling of emails, and detailed analytics.           

Cost: Based on Seller Labs’ pricing page, their monthly plan for their all-in-one solution starts at $49 per month and $468 for the annual plan depending on the yearly 3P sales on Amazon. 

Free trial? Yes, Feedback Genius offers a 30-day free trial.

8. Amazon Product Sourcing Tools

Another critical aspect of the Amazon business that sellers should not neglect is product sourcing. Finding the suppliers or manufacturers to fill your inventory needs is crucial for success. 

The good thing about product sourcing is there are many tools, services, and avenues available online that you can maximize to help you find the most efficient and effective product source. Here are some of the options you have when it comes to product-sourcing tools or services. 

  • SourceMogul 

SourceMogul is a product sourcing tool that makes it easier to find high-performing or profitable products for your eCommerce business. It has the ability to automate thousands of seller and supplier searches. This Amazon tool is best paired with the best Amazon product research tool.

Cost: SourceMogul offers two payment options. You can choose to pay monthly at $67 or yearly at $880.

Free Trial? Yes, SourceMogul can provide a 7-day free trial for first-time customers.

  • Tactical Arbitrage 

Sourcing products for your Amazon arbitrage business is made easier with Tactical Arbitrage. They can help you find the best products to fit your business goals. Their software lets you search over 1000 stores and various categories. The algorithm of this Amazon seller tool can also help you scrutinize the products through their library search and check the status for a positive ROI. 

Cost: Tactical Arbitrage offers five monthly plan options for sellers. For starters, you can try the Flip Pack for $59/mo or their most popular Online Arbitrage Plan for $89/mo. 

Free trial? Yes, Tactical Arbitrage offers a 7-day free trial. 

  • Online Arbitrage Deals

Online Arbitrage Deals can help you find deals and products for your Amazon online arbitrage business. Their software provides auto-pilot FBA sourcing for the best online arbitrage deals. Thus, improving your profit and ROI. 

Cost: The beginner package for this Amazon seller tool starts at $149.99 per month, with an alternative Gold Package for $249.99 and Pro Plan for $349.99 per month. 

Free trial? No information is displayed on their website concerning the free trial.    

9. Amazon Listing Optimization Tools

To help your product listings rank organically on the Amazon search result pages, you should be mindful of listing optimization. Likewise, having an optimized listing increases your chances of winning the Amazon Buy Box

Thus, making listing optimization tools a critical Amazon seller tool for third-party merchants. Here are some Amazon seller tools and services that can help you achieve effective Amazon product listings.      

  • AMZ One-Step 

AMZ One-Step tool will optimize your Amazon listings through enhanced imagery and copy, allowing you to get an edge over your competitors. It uses keyword research and competitor analysis to create a thorough description of your products and entice customers to purchase. A bonus feature of AMZ One-Step is that they ensure that all of your listed products follow Amazon guidelines.

Cost: AMZ One Step’s Full Listing Package is about $295.

Free Trial? There is no data if there is a free trial, but AMZ One Step offers a free consultation for online sellers.

  • Viral Launch

When launching a product on Amazon, you can rely on Viral Launch for your listing optimization needs. It is one of the best tools for Amazon sellers to help sellers with their listing needs, including keyword research and management, listing analysis, and Amazon SEO. 

Cost: You can choose from a monthly plan that includes Essential ($69/mo), Pro ($99/mo), Pro Plus Ads ($199/mo).

Free trial? Yes, Viral Launch offers a 14-day free trial.

  • MerchantWords 

MerchantWords can help Amazon sellers save time and money when it comes to listing optimization. Their service can help increase traffic and listing visibility for more sales. MerchantWords offers services to improve Amazon listings, including Amazon SEO research, Keyword Multiplier, ASIN Plus, and Classic Search. 

Cost: The price range of their services starts from $35 per month up to $149/mo$749/mo for their Enterprise and Platinum Plans.  

Free trial? As per the FAQ section, MerchantWords does not offer a free trial.

10. Amazon Competitive Research Tools

Keeping a tab on other Amazon sellers can help you outperform competitors and achieve success in the business. To achieve a successful competitor analysis and conduct market research, here are some of the best Amazon seller tools you can use.

  • JumpSend

JumpSend allows sellers to search and find the best Amazon deals. It is also an effective competitive research tool that will help sellers adjust prices accordingly. This research tool may go hand in hand with the best Amazon product research tool for increased Amazon business success.

Cost: Free.

  • Ahrefs

Ahrefs is another trusted tool for Amazon SEO, including competitive keyword research. They have more than 7 billion keywords that are refreshed monthly, which you can use for your competitive keyword research and listing optimization. 

Cost: To start using Ahrefs, you can subscribe to their Lite plan for $99 per month. They also offer a Standard ($199), Advanced ($399), and Enterprise Plan ($999). 

Free trial? Yes, they offer a free trial.

  • Semrush

For your Amazon keyword needs, you can turn to Semrush for insights concerning competitive keywords. You can use this tool for organic research to know the value of the keywords competitors are ranking for.

Cost: To access Semrush, sellers may choose from the Pro ($119.95/mo), Guru ($229.95/mo), and Business Plans ($449.95/mo). 

Free trial? Yes, you get to test Semrush for seven days free. 

11. Amazon Legal Services and Tools

Amazon legal services and tools should not be neglected by Amazon sellers, especially those operating in multiple marketplaces. Whether it concerns Amazon account suspensions, intellectual property, product liability,  and other legal matters, you should take advantage of these types of Amazon seller tools to have a precise response to unique legal challenges.  

  • Amazon Sellers Lawyer 

Amazon Sellers Lawyer is a legal company that assists sellers with suspended Amazon accounts. They employ professionals from across the globe to cover all geos.

Cost: You need to contact them through email or call directly to get a quote.

Free Trial? The Amazon Sellers Lawyer provides an initial free consultation for interested persons.

  • Amazon Experts Pro

Amazon Experts Pro offers Amazon legal services, including but not limited to Amazon Brand Registration, Amazon Suspension Appeal, and Amazon Trademark Registration. Apart from their legal expertise concerning your Amazon business, Amazon Experts Pro is also known for its 99,9% success rate and money-back guarantee. 

Cost: Amazon Experts Pro charges depending on the services you need. Their basic package is priced around $299, while for unique, exclusive, and advanced Amazon appeal services, their rates range from $499 to $749. 

12. Amazon Tax Services and Tools 

Amazon Tax is another critical aspect of running your Amazon business. Hence, an Amazon FBA seller should be prompt to track and manage Amazon taxes. To help you manage tax requirements and responsibilities, here are some of the best Amazon seller tools and services:

  • TaxJar 

TaxJar is an Amazon tax tool that assists sellers with tracking and managing Amazon sales tax, reports, and filings.

Cost: TaxJar’s Basic Plan starts at $17 per month. If you want to upgrade to a Plus Plan, you have to get in touch with them directly.

Free Trial? TaxJar offers a free demo. Plus, they also offer a 30-day free trial period.

  • SimplyVAT

SimplyVAT can help Amazon sellers deal with their PAN-EU transactions, especially with their VAT obligations. SimplyVAT is more than willing to assist, whether registering for PAN-EU VAT or other VAT-related obligations. 

Cost: Pricing upon request. 

Free trial? No information is displayed on their website.        

  • Avalara

Avalara is a reliable tax compliance software Amazon sellers can use for their business. Avalara offers a quick solution when it comes to figuring out and filing taxes, be it Goods and Services Tax, Communications Tax, Value Added Tax (VAT), and Excise Tax.

Cost: The Basic Plan starts at $19/month, while the Standard Plan starts at $83/month. 

Free trial? Yes, they offer a no-obligation free trial for up to 60 days. 

13. Amazon Educational and Branding Tools

Price is not the sole factor evaluated by consumers when making purchasing decisions. Amazon shoppers, in particular, also consider the branding of a listing. Good branding can help sellers establish a firm hold on the market while allowing them to set a more premium price point for their products. 

To help you create or establish your brand on the Amazon marketplace, you can take advantage of Amazon seller tools and services that focus on Amazon development. Here are some of the widely used branding tools for Amazon sellers

  • BrandBuilders 

Branding keeps your business known to potential buyers. BrandBuilders has a done-for-you program that assists e-commerce sellers in building their FBA brand through content, website creation, and outreach link-building.

Cost: Sellers need to contact BrandBuilders directly to get a quote for their business requirements.

Free Trial? No information.

  • AMZ Brandbuilders

Another brand-building service you can check is AMZ Brandbuilders. They can help Amazon sellers present their products in the best way possible. AMZ Brandbuilders has managed to help top Amazon sellers, small brands, and startups. 

Cost: They offer two professional branding options for Amazon sellers. Sellers can choose from their $150 or $250 design package. 

Free trial? No information on their website.  

14. Outsourcing Amazon Tasks 

When it comes to managing your Amazon business, distinguishing which parts of the business are crucial and which of its parts can be delegated is essential. If you can identify these repetitive and mundane tasks, you can easily assign them to your staff or outsourced team members.

Finding the best remote or outsourced team for your business is vital, which is why you need to utilize the best Amazon seller tools and services for outsourcing, like the ones outlined below: 

  • MultiplyMii

multiplymii-landing-page

MultiplyMii will guide and assist you in searching for and hiring an offshore staffing solution, including employees who have expertise in the e-commerce industry. They aim to increase company productivity, whilst decreasing staffing costs. They source, vet, and interview candidates to ensure that high standards are met.

Cost: Book a free consultation call here.

Free Trial? No information.

  • FreeUp

If you are looking to hire freelancers to help you with your expanding Amazon business, you can rely on FreeUp. They have a pool of pre-vetted freelancers who are equipped to deal with various needs of your business. Whether you are looking for a product research specialist or excellent customer support, FreeUp has you covered. 

Cost: As per FreeUp pricing page, the Entry Level freelancers will cost you $5 to $15 per hour, while Mid Level to Expert Level is between $15 to $75 per hour. 

Free trial? No information is displayed on their website concerning the free trial.        

15.  Amazon PPC and Keyword Management Tools, including Product Research 

If you wish to boost sales of a particular product or listing, you can take advantage of Amazon PPC campaign tools and services. And since the use of proper keywords is essential in any PPC campaign along with the best products, using keyword research and product research tools is equally beneficial. 

To help you with your Amazon PPC campaigns and keyword and product research, here are some of the best Amazon seller tools you can use. 

  • BidX

BidX offers a fully automated Amazon PPC campaign to help you save time and increase the profitability of your Amazon business. To ensure that you can maximize your ads, BidX has an automated bid adjustment feature. You can also conveniently check your PPC campaign performance with the help of their campaign reports. 

Cost: For the monthly advertising plans of BidX, sellers may choose from Starter (149€/ month), Advanced (299 €/month), and Professional Plan (449 €/ month).

Free trial? Yes, BidX offers a 14-days free trial. 

  • Ad Badger

The Amazon PPC Management of Ad Badger can help take your PPC campaign to a new level. They constantly offer new features and strategies to help you cope with the ever-changing advertising world. You can also get access to their quick-to-master Amazon PPC course if you wish to manage your own PPC campaign, should you desire to do it manually.                                                

Cost: Pricing plan upon request. 

Free trial? No information is displayed on their website concerning the free trial. 

 

Final Thought

Running a successful Amazon business is not an easy feat. Therefore we hope that the tools above will help sellers expand and organize their Amazon businesses.

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Guide for Beginners on Amazon: How to Become an Amazon Seller in 2021 https://www.sellersnap.io/guide-for-beginners-on-amazon-how-to-sell-and-ship-products-with-amazon-fbm/ https://www.sellersnap.io/guide-for-beginners-on-amazon-how-to-sell-and-ship-products-with-amazon-fbm/#comments Fri, 30 Apr 2021 15:04:29 +0000 http://54.70.163.241/?p=1996

Amazon has become one of the most competitive and complex online marketplaces in the world, which is why most newbie sellers tend to search onlinehow to become an Amazon seller’

Such a search query on how to sell on Amazon for beginners is a valid question due to the competitive nature of the industry and the current COVID-19 pandemic.

To help you understand the dynamics of the Amazon marketplace, here are some tips and insights on how to become an Amazon seller in 2021.

Amazon FBA and FBM Made Simple

When it comes to Amazon fulfillment methods, sellers may choose from Amazon FBA and Amazon FBM. 

Fulfillment by Amazon (FBA) is when sellers or their suppliers send the products directly to the Amazon warehouse to form part of the seller’s inventory. From the Amazon warehouse, items will be shipped directly to the customers who ordered from the Amazon platform.  

On the other hand, the Fulfillment by Merchant (FBM) means that sellers will manage the storage, shipping, and customer support of the products listed on Amazon. 

In terms of popularity, the majority of the sellers are using Amazon FBA. According to Jungle Scout’s breakdown on fulfillment usage:

  • FBA only: 57%
  • FBM only: 9% 
  • FBA and FBM: 34%

Each of the fulfillment methods has its advantages and disadvantages. Whether you use Amazon FBA or Amazon FBM, you will likely encounter some of the steps and tips mentioned below to help you become a successful Amazon seller in 2021.

Overview on How to Become an Amazon Seller

1. Have a Business Plan 

An Amazon business plan is a document that can help you smoothly launch your Amazon business. In fact, it is considered by many as an indispensable tool for entrepreneurs in achieving their short-term and long-term objectives.      

In summary, a business plan’s components include but are not limited to the following:

  • Executive Summary
  • Company Description
  • Marketing Plan/Analysis
  • Operational Plan
  • Management & Organization
  • Financial Plan
  • Appendices

When an Amazon business plan is properly implemented, it will help Amazon sellers make sound decisions, identify any potential business weaknesses, and easily communicate ideas with staff or stakeholders.

To craft a strong business plan for your Amazon FBA business, you should know your competition and target audience. Additionally, you should have conservative financial estimates and projections, along with a realistic sense of time and resources. 

2. Amazon Niche Research

Discovering your Amazon niche is crucial in order to begin your journey. Since you are wondering how to become an Amazon seller, the term niche might be new to you.

An Amazon niche is simply a specialized category within Amazon in need of a particular product. Identifying your Amazon niche means discovering the underserved customer segment in the market and providing a product.

To help you determine your niche, you should consider your competition as well as your audience. Hence, giving emphasis on the importance of an Amazon business plan.

Aside from that, you should identify products that are in high demand and do not solely depend on the season for sales. It would also help to make use of available Amazon seller tools to narrow down your niche. The use of a product research tool is highly suggested. 

A reliable product research tool should be able to help you identify market trends, check on competitors, showcase high-ranking keywords, product sales history, and potential sales performance. For convenience, choose a product research tool that offers functionality both through app and browser extension.  

3. Perform Market Research

To supplement your niche and product research, you should also perform market research. Market research will help you avoid slow-moving products and minimize risk while maximizing sales potential. 

When doing market research, always check whether your product is gated or restricted. Take time to check whether Amazon allows you to sell your item on their platform.

As part of the market research, you should also check on your competition as well as a reliable supplier of your item. Similarly, Amazon fees and other relevant expenses should likewise be considered when carrying out market research.  

You will have a more realistic grasp of your chosen Amazon niche and product by performing the necessary market research steps. 

4. Create an Amazon Account

Perhaps the most direct answer to your question, how to become an Amazon seller is to create an Amazon account. Here is a simple guide on how to create an Amazon FBA account in 2021. 

STEP 1: Go to https://sell.amazon.com

 

becoming-amazon-seller-page

 

STEP 2: Once redirected, scroll down and look for the Make Money section. Click the SEE PRICING button below it. 

see-pricing-button-boxed

 

STEP 3: Once redirected to another page, scroll down past Selling Plans until you find the SIGN-UP BUTTONS for individual and Amazon FBA accounts. 

amazon-sign-up-buttons

 

STEP 4: Once redirected, click on CREATE YOUR AMAZON ACCOUNT button.

amazon-seller-central-login-page

 

STEP 5: On the create account page, fill in the required information. 

amazon-seller-central-create-account-page

 

STEP 6: After submitting the information, you will be redirected to another page for email verification. 

verification-code-pasted

 

Check your email for the OTP number and enter it in the designated section of the page to proceed with the Amazon Seller Account registration. Make sure to keep the OTP private when creating an actual Amazon seller account.

verification-code-email

 

STEP 7: Select business location and business type, then click AGREE AND CONTINUE. Note that if you are an individual, choose NONE, I AM AN INDIVIDUAL from the selection and input your full name. 

step-one-seller-account-creation

 

After filling in the required information, click AGREE AND CONTINUE. 

STEP 8: Once redirected to another page, you will have to complete the information required for each section:

(1) Individual Information

step-one-amazon-seller-account-creation

 

After filling in the required information, click NEXT.

(2) Billing

amazon-billing-section-account-creation

After filling in the required information, click NEXT.

(3) Store

amazon-store-product-page

 

After filling in the required information and choosing the option that suits your business status, click NEXT.

 

(4) Verification

The verification process varies depending on your area. Those living in the United States will receive mail delivered to their business address.

address-verification-amazon

The mail will contain a code that you will have to enter in your Amazon Seller Central account to fully verify your address and account in its entirety.

Once you have received the postcard, you may use this link to enter the verification code.  

An alternative method for verification, especially those outside the United States is the uploading of a passport and bank or credit card statement showing your complete address. These documents will serve as an alternative to the postcard verification process. 

amazon-account-creation-summary

 

You may upload documents on both IDENTITY DOCUMENT and ADDITIONAL DOCUMENT sub-sections as shown above. The details of your uploaded documents will be showcased on the right side of each sub-sections.

If you have any questions about each process, you can refer to the FAQ section on the right portion of your screen. 

amazon-faqs-image

5. Find a Product Source 

As well as how to become an Amazon seller, another crucial question from newbie sellers is – where to get inventory to sell on Amazon. 

With the help of the internet, finding products to sell on Amazon has become more convenient. Currently, the top destination for product sources is Alibaba.com.

Alibaba.com is the world’s largest B2B eCommerce marketplace. The company connects numerous suppliers and manufacturers in China with buyers across the globe on its unique online platform.

As an Amazon FBA seller, you can directly conduct business with suppliers, manufacturers, or approved agents. What makes Alibaba.com an ideal product sourcing destination for online sellers is suppliers’ lowest price or factory price offers. 

6. Place Inventory Orders

After finding a supplier for your Amazon FBA, you should prepare to place your orders. When placing an order from a supplier overseas, it would be best for your first order to be in small amounts or quantities. 

You can use your small order as a test order to scrutinize the product and get relevant feedback from potential customers.

When ordering overseas, always remember to be in constant contact with your supplier. Relay the instructions to avoid misunderstandings, which also means that key specifications should be stated clearly.

Always remember to do your due diligence when dealing with suppliers or manufacturers overseas. To keep your transaction smoother, you can also draft a purchase order (PO) for your supplier to check. This document will also set clear standards and expectations for your orders.

7) Determine Business Model

There are several business models for Amazon sellers. Selling on Amazon for beginners includes an understanding of some of the most popular business models for Amazon, such as:

To help you evaluate which fulfillment method suits your business goal, check relevant posts about FBA vs. FBM

8. Select Your Fulfillment Method 

As mentioned above, you can choose between Amazon FBA and Amazon FBM. If you want to take advantage of the services offered by Amazon, the FBA program is ideal for you. 

On the other hand, if you want to take charge of your business from storing, packing, and shipping, then the Amazon FBM program is right for you.

9. Create and Optimize Product Listing 

Once you have decided which fulfillment method to use, you are ready to list your product on Amazon.com. You can list your product individually, or you may also upload a spreadsheet containing each of your items if you have multiple products to list.

Aside from that, proper product listing optimization will aid in a higher search result ranking of your product. Hence, you need to become familiar with keyword usage, high-quality product imagery, and optimized description. 

Listing your product according to Amazon guidelines is critical to avoid being penalized by Amazon.

10. Perform Listing Price Optimization

Knowing how to become an Amazon seller is not enough; you should likewise know how to succeed in the business. One of the key factors in having a successful Amazon FBA business is to have a competitive pricing strategy. 

To have a competitive edge when it comes to price optimization, the use of an Amazon repricer is highly beneficial. With an Amazon repricer, you can increase the chances of winning the Amazon Buy Box at a higher price point and avoid Amazon price wars.

11. Manage Your Inventory

As an Amazon FBA seller, you should always be on top of your Amazon inventory. Your inventory levels should be closely monitored to avoid instances of products being out of stock.

Properly manage and replenish your inventory to ensure that you have enough Amazon products to sell, especially on peak seasons, such as Amazon Prime Day, Black Friday, and Cyber Monday.

To ensure that you are on top of your inventory levels, you can use inventory management tools to overview your inventory status. 

12. Consider Amazon Global Marketplaces 

Currently, there are 18 Amazon marketplaces available globally. Amazon sellers are free to sell their products in any marketplace. However, experts recommend following these important guidelines:

  • It is best for US sellers to sell on the US marketplace
  • Sellers in the UK or EU, sell on the Amazon EU marketplace
  • More so, if the seller lives elsewhere in the world, sell on the US marketplace.

Expanding to another Amazon global marketplace is an option if you have achieved successful sales in your current Amazon marketplace. 

The question of how to become an Amazon seller is not only relevant to Amazon FBA sellers. As well as Amazon FBA, you may also choose to incorporate the Amazon FBM program into your business. The processes mentioned above are likewise applicable with Amazon FBM, but with minor changes, especially pertaining to the shipping method. 

Amazon sellers need to consider product size, carrier, and method to ship products with FBM. Most carriers require sellers to have their own shipping supplies. Some of the supplies that are needed are:

  • Box, Envelops
  • Packing Materials
  • Mailing Labels
  • Printer
  • Packaging and Scotch Tapes

Amazon will notify the seller if the order is ready to ship, the seller will have 24 hours to confirm the order. After this, choose a trusted carrier. Remember, the carriers have different shipping rates.   

Become an Amazon Seller Today 

Both Amazon FBA and FBM provide sellers with successful fulfillment options. The size of your operation and the weight and size of your products is often a deciding factor for sellers.

When it comes to your Amazon business, profits or how to sell products on Amazon should not be your only concern. The approach should be holistic, which is why the overall discussion about selling on Amazon for beginners should not be overlooked.

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The Response of the eCommerce Industry to the New Normal https://www.sellersnap.io/ecommerce-response-new-normal/ https://www.sellersnap.io/ecommerce-response-new-normal/#comments Tue, 25 Aug 2020 01:01:22 +0000 https://www.sellersnap.io/?p=14018 Despite the unceasing efforts of health experts and the massive preparation of world governments, Coronavirus has still managed to bring the world to a near-standstill. The COVID-19 pandemic did not just threaten the life and well-being of the populace, but ultimately ravaged the multi-faceted global economic enterprise. 

For financial institutions, commercial companies, entrepreneurs, and business owners alike, COVID-19 has had a huge impact on the global economy, as well as the obvious health consequences. Global stock markets fell as countries, states, and cities implemented a lockdown on their areas of responsibility. 

The points we will be discussing in the succeeding paragraphs will focus more on the impact of COVID-19 on the retail and eCommerce industry. We will also be sharing the observation of our Seller Snap team concerning the response of particular stakeholders during the global crisis. 

How COVID-19 Impacted the Retail Sector

Along with the manufacturing, tourism, and transportation industry, the retail industry is among one of the highly affected sectors during the pandemic. Malls, shopping centers, and retail outlets had to reduce their operating hours or even totally stop their operation amidst the pandemic.  

It is not only the companies and business owners that felt the impact of the pandemic. Even consumers have been affected, which has led to changed shopping behavior. 

The purchasing habits of retail consumers changed at unprecedented speed. We have observed that a portion of the traditional channel through which goods and services are ordered has been diverted towards the eCommerce industry. 

The Surge of eCommerce    

As a result of the measures taken by local authorities to stop the spread of the Coronavirus, lockdowns, quarantine, and social distancing were implemented. Such implemented solutions quickly became part of the new normal. In response, consumers stormed various online platforms for their retail needs.

With limited access to grocery items and other essential products, consumers turned to eCommerce stores like Amazon for their necessities. Such shopping practices resulted in increased online store activity. The eCommerce industry has experienced a surge of patrons amidst the pandemic.  

Amazon Responding to the Crisis

As a trusted brand, Amazon made necessary adjustments in response to the COVID-19 pandemic. The health and safety of employees and customers have seemingly become the top priority of the tech-giant.  

As a testament to their concern, they are expecting to “invest approximately $4 billion on COVID-related initiatives,” as posted on the Amazon Blog

Apart from that, we have also observed that Amazon has also made some adjustments to its operations including the delivery schedules and prioritization of particular customer demographics who are in dire need of essential goods and care.  

Amazon likewise extended their kindness to the global community as a whole. By launching a “$20 million AWS Diagnostic Initiative,” Amazon hopes to accelerate COVID-19 research. Similarly, the company committed €21 million to support countries ravaged by the COVID-19 pandemic.  

The Response of Other eCommerce Participants 

As we have mentioned earlier, a large number of consumer groups opted to shop online for their necessities and other consumer needs. As a result of such a shift, other active participants in the eCommerce industry quickly made some adjustments on their own. 

Online financial service giants, PayPal and Payoneer, likewise had their way of responding to the current global crisis and the demands of the so-called new normal. 

At the onset of the COVID-19 pandemic, Payoneer implemented proactive measures to secure the safety of its employees and likewise ensure the continuance of their operation for the safety and security of customers’ funds. 

On the other hand, apart from operational and managerial changes, PayPal also worked “with the US Federal Government to participate in the Paycheck Protection Program to provide access to loans for [our] merchants.”  

How Seller Snap Responded to COVID-19

As one of the trusted Amazon repricers in the industry, our company has also made some adjustments to improve our services during this trying time. 

On the technical aspect of our service, we have been constantly monitoring major changes and concerns in the Amazon seller space.

Research and investigations were conducted by our team here at Seller Snap to provide a clearer picture of issues such as the observed Amazon FBM preference over Amazon FBA. 

Similarly, the issue of price gouging was also monitored by our team. Hence, allowing us to equip customers with more sensible and ethical repricing strategies.

And just most recently, our dedicated support team probed into the issue of Amazon Buy Box Non-Rotation. If you want to learn more about this recent concern, you may CLICK HERE.

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Seller Snap Repricing Settings – Algorithmic & Custom Repricing Settings https://www.sellersnap.io/amazon-automated-repricing-strategy-rule-based-alternatives/ https://www.sellersnap.io/amazon-automated-repricing-strategy-rule-based-alternatives/#comments Wed, 22 Jul 2020 23:30:00 +0000 https://www.sellersnap.io/?p=13125 Amazon Automate Repricing Strategy & Rule-Based Alternatives

 

Successful Amazon sellers tend to run efficient operations. When it comes to using Amazon seller tools, using the best products available on the market is highly recommended. This is especially true if you are planning to utilize an Amazon repricer to implement a successful Amazon automated repricing strategy.

Seller Snap helps Amazon sellers establish a consistent and reliable Amazon automated repricing strategy. What makes Seller Snap unique from other third-party Amazon repricing tools is the fact that it is one of the few self-learning repricers and it’s inspired by the Game Theory principles.

Based on Game Theory tactics, Seller Snap is capable of assessing marketplace situations and competitor behavior in order to deliver an optimal strategy for each listing and specific market scenario. However, despite having an automated default function called the AI repricer, Seller Snap also offers avenues for Amazon sellers to implement specific rule-based repricing strategies to use as an alternative to the default AI algorithmic repricer setting.

Default Setting

Seller Snap’s default repricing method is the AI Repricer seen in the image below. This particular setting is widely used by Seller Snap customers who want to free themselves from constant checking and manual repricing. This automated repricing strategy has been proven effective in helping Amazon sellers capture their entitled share of the Amazon Buy Box at the highest possible price while avoiding price wars.

image-of-seller-snap-repricing-settings

 

The default AI repricer is capable of scanning the competitive environment. Seller Snap gathers information based on competitor’s behavior and provides an automatic repricing strategy specific for each situation.

Win Buybox Repricing Method

As with the AI repricing method, the Win Buybox repricing setting is also popular. When your chosen listing is set to Win Buybox, Amazon sellers may select their desired Amazon Buy Box share, the maximum of which is 95%.

This particular method follows a simple yet aggressive strategy of repricing Amazon items. Although not as sophisticated as the AI repricer, the Win BuyBox method shares a similar feature with the basic rule-based repricer in its function to decrease the price of an item to win the Amazon Buy Box.

That is why this type of method is highly recommended for Amazon sellers who don’t have any problem in dropping the price to the very minimum level.

Best Time To Use:

What is unique with this repricing setting is that it undertakes steps to optimize the winning price. Thus ensuring that the Amazon Buy Box price is still captured at a high price, in relation to its competition.

This is best used when you want to liquidate inventory, or even as a more competitive default repricing method.

Fixed Price Method

This is among the simplest type of alternative setting to that of the default AI repricer setting. As its name would suggest, you will be setting a fixed price for a particular item, taking into consideration the listed price and shipping price. The amount of the landed price, which is the listed price + shipping price, will not be set by an algorithm, but rather by the Amazon seller.

Best Time To Use:

This method also works well for liquidating inventory.

Follow Related ASIN

ASIN stands for Amazon Standard Identification Number. It is a form of ID system that uses 10-alphanumeric characters for identification purposes. When you choose this type of repricer setting, the software will check the Amazon Buy Box of the related ASIN and adjust the product price of your Amazon listing according to your specified rules.

Best Time To Use:

This type of repricing method is best used in instances where you are the only seller obtaining 100% of the Amazon Buy Box. This usually happens when you are selling private items or white label products.

To apply this type of repricing setting, you must specify the relevant ASIN you want to follow in order to make pricing decisions on your Amazon listing. You may also CLICK HERE for some ideas of white label products for your Amazon listing.

More Rule-Based Repricing Methods

What makes Seller Snap interesting and reliable is the opportunity it offers to Amazon sellers when it comes to Amazon repricing strategies. Although widely regarded as a top Amazon automated repricing platform, Seller Snap provides an avenue for sellers to apply some rule-based repricing methods if need be.

Apart from the aforementioned Win Buybox strategy, which may be considered as a hybrid rule-based repricing method, other rule-based repricing options are as follows:

  • Matching

This type of rule-based method comprises various approaches. This repricing setting will allow Amazon sellers to match, undercut, and even go beyond specific prices laid down in certain categories. When using this kind of repricing approach, users are given the opportunity to match, undercut or go beyond the lowest or highest FBA or FBM and Buy Box price. Similarly, you may also use this setting to match the price set by the lowest competitor.

  • Follow Competitor

Another rule-based method Amazon sellers may use in lieu of the AI repricing function of Seller Snap is the Follow Competitor. As the name of this setting would suggest, you will be following a certain competitor, including Amazon itself, and set a specific amount or percentage to compete by.

If you are an Amazon seller with Seller Fulfilled Prime (SFP) listings, using this repricing method can be really helpful to your Amazon business. With this type of rule-based strategy, you can set a rule to increase or decrease by a certain amount or percentage when the Buy Box winner is FBM, FBA, or Amazon.

If you are thinking of becoming a seller with SFP, here is a quick overview of Amazon’s suggested steps to qualify:

  • Qualify for Seller Fulfilled Prime and complete the trial period
  • Store inventory in your own warehouse
  • Process your orders and buy shipping labels from approved carriers
  • Pick, pack and ship your orders same day
  • Seller Fulfilled Prime carriers collect and deliver orders in two days to customers
  • Set to Min Price/Max Price

As its name would suggest, with this method Amazon sellers can choose to set a listing price either to the maximum or minimum level in relation to factor function. Worth noting, that as with all Seller Snap settings, the listing price will never go beyond your minimum or maximum price range.

Other Non-Pricing Factors to Consider

One of the main reasons why Amazon sellers make use of Amazon repricers is to get ahead of the competition and compete for the Amazon Buy Box. However, you should understand that in winning the Buy Box or appearing in organic searches, there are also other factors to consider apart from repricing. This may include but not limited to effective Amazon listing, proper use of Amazon SEO, consistent positive feedback from consumers or Amazon shoppers, and more.

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The Impact of Amazon Feedback to Your Amazon Business in 2020 https://www.sellersnap.io/impact-amazon-feedback-to-amazon-business-2020/ https://www.sellersnap.io/impact-amazon-feedback-to-amazon-business-2020/#comments Mon, 20 Jul 2020 23:30:00 +0000 https://www.sellersnap.io/?p=13089 Why Online Feedback, Survey, and Reviews Matter

Customer feedback is important for the growth of your business. Amazon feedback, for example, is an essential tool for every seller aspiring to stay ahead of the curve in the industry.

Amazon feedback is a way for Amazon sellers to understand the perception of an Amazon shopper concerning their product or brand as a whole. To simply put it, customer feedback is the best way to hear the voice of a consumer.

In general, feedback contains information about the satisfaction level that the customer experienced not just through the product delivered but also the method of delivering it. In a sense, customer feedback showcases the customers’ satisfaction or dissatisfaction with a certain product and/or service.

Feedback from customers should not be ignored, despite the fact that only 1 out of every 26 unhappy customers  will likely have a complaint. Businesses, whether traditional or operating online, should remember to always listen to their customers’ demand, clamor, and/or praise.

The movie streaming giant, Netflix, can easily attest to the adverse effect of ignoring customers’ feedback. Back in 2011, there were some comments about Netflix dividing its movie rental service into two, “one offering streaming movies over the Internet, the other offering old-fashioned DVDs in the mail.”

However, despite the clamor from its subscribers, Netflix pushed through with their plan. As a result of the introduction of such a business platform, it was estimated that Netflix lost around 800,000 subscribers in 2011.

To emphasize the importance of feedback or reviews for online sellers, including Amazon sellers, it was revealed by BrightLocal Consumer Review Survey that 89% of consumers trust online reviews as much as personal recommendations. With that in mind, feedback or reviews have a great influence on your company’s engagement and much more its sales.

What is the Correlation between Amazon Feedback and Sales?

To give you a better understanding of the impact of Amazon feedback or reviews on sales, we will discuss in particular the correlation of feedback and sales in the context of Amazon business.

In general, feedback aids in the increase of sales because it helps drive traffic to an online retailing website. Similar to word of mouth, positive feedback coming from customer reviews and surveys in a way lures potential buyers to an online selling platform.

However, in the context of Amazon sales, Amazon feedback functions more than just as a facade for a particular product or Amazon store. Feedback also affects sales in relation to a product ranking. And such, product ranking is designated through the Amazon A9 algorithm.

One of the considerations that the A9 algorithm takes into account when ranking a product apart from Amazon SEO is customer reviews. When positive customer reviews outweigh the negative ones, your Amazon product is likely to show up on organic searches.

In a published transcript online, an Amazon insider was cited detailing the correlation of organic search and Amazon feedback rating, mentioning “that the threshold is about 96 or 97%.” Thus, suggesting that if your feedback goes below such threshold, your Amazon ranking in organic search will drop as your feedback rating continues to take hits.

Although not the only factor to be considered, Amazon feedback is also examined by the Amazon A9 algorithm for the Buy Box. And worth noting that products appearing in the Amazon Buy Box have higher chances of being bought by a shopper. Therefore, achieving increased sales.

Alternatively, apart from sales, the Amazon Buy Box also serves as prime real-estate for products to be easily noticed. It also serves as a form of endorsement to deliver the best possible shopping experience for Amazon visitors.

How to Improve Your Amazon Feedback for Better Sales

Now that you understand the importance of feedback, be it on Amazon or any other online retail platform, you should learn different methods on how to increase positive feedback on your platform, especially on Amazon. To help you improve your Amazon feedback in 2020, and lessen the repercussions of Amazon negative feedback, you may try the following.

  • Be Your Own Customer

The best way to understand a customer is to be one. That is why when it comes to improving your feedback in general, it would be best to access your online platform and check your own user experience. Try to judge what needs to be improved on your website or should be removed from it.

In the context of Amazon stores, you may also check your own product in comparison with the other products that customers normally see online. Try to compare the pricing and product listing quality of your own item.

For example, you could check the quality of the image you are using, and the level of information you are providing potential buyers and compare this with other Amazon sellers. Similarly, you may also check the pricing of your product and whether or not it’s within the current marketplace price range.

If you wanted an automated Amazon repricing tool, you may try Seller Snap to ease the requirements of manual repricing. If you wish to outbid others in the race for Amazon Buy Box, you should consider upgrading your current Amazon repricing tool. Seller Snap can provide you with a quick and easy to navigate interface that can display relevant data through reliable analytics with just a click of the mouse.

  image-of-seller-snap-interface
Image: Seller Snap Interface

  • Stick to the Facts

When it comes to online selling, providing your customers with factual information is a must. If you wish to avoid comments like “the product delivered is different from the description” or “seller was not honest about product quality,” you should only state facts about your item’s quality, performance, or even quantity. Never oversell, for it will unnecessarily increase the expectation of a potential buyer.

To avoid Amazon negative feedback, you should always check the quality of your Amazon listing. If you want to have a precise check, you may use Amazon Listing Quality Analyzer to help optimize your listing and drive more sales.

  • Build Accountability

Lastly, recognize that one of the main purposes of feedback, comments, or reviews is to establish a conversation with your customers for better performance and improved behavior. Since a single negative concern or comment is unavoidable, you should make some plans ahead of time on how to manage such feedback.

Don’t let an issue stay stale or left unresolved. Always see to it that you reply to comments and reach out to your customers if issues surface. By doing so, you are not simply creating avenues for sales and increased positive feedback, but you are ultimately building a relationship with your customers. To help you remove Amazon negative feedback on your account, check the video here.

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Has Amazon Tweaked its Algorithm? https://www.sellersnap.io/amazon-buy-box-rotation-change/ https://www.sellersnap.io/amazon-buy-box-rotation-change/#comments Thu, 16 Jul 2020 06:31:37 +0000 https://www.sellersnap.io/?p=13229 Amazon Buy Box Rotation

Attaining the Amazon Buy Box is generally the main goal of all Amazon resellers. However, not all Amazon sellers are automatically listed in the Buy Box, since sellers need to be Buy Box Eligible. Once eligible, seller’ listing can now be part of the buy box rotation. 

Buy Box Eligible Sellers 

The main purpose of the Amazon Buy Box is to provide a platform where a comparison of multiple offerings is available to customers. Hence, Amazon buy box rotation occurs. 

To simply put it, professional sellers who have met the performance-based requirements set by Amazon are eligible for the Buy Box and participate with the buy box rotation. 

Amazon Buy Box rotation is critical in keeping the platform fair and competitive at the same time. The buy box rotation also gives sellers chance to compete with leading brands.

Sharing the Buy Box 

When it comes to popular consumer items, numerous sellers are likely to compete for the Buy Box or be on top of the Amazon buy box rotation. However, the Buy Box is not always awarded to a single seller. In regards to the Amazon algorithm, based on our experience as a software solution, we assume that Amazon distributes Buy Box share between relevant offers that are equally competitive. Hence the term, Buy Box share.

There are many factors being considered in such a process, the most prominent basis would be price, fulfilment method, seller history, and overall customer shopping experience. 

Seller Snap Repricing Method  

As mentioned above, pricing is among the factors being analyzed by the Amazon algorithm and the only factor that you have immediate control over. With emphasis being placed on product price, Seller Snap provides an advanced repricing strategy to help optimize the Buy Box winning rate. 

In scenarios where there are multiple sellers at the same price and with the same fulfillment method who are competing for the Buy Box, Seller Snap takes a conservative approach to repricing. Meaning that we will match the price (specific fulfillment method), under the assumption that Amazon will distribute the Buy Box in a fair way. 

In a way, the Seller Snap algorithm “holds the line”. 

Why Hold the Line?

Holding the line is arguably the best strategy in a scenario where there are multiple sellers offering the product at the same price as the current Buy Box winner.

Trying to gain more Buy Box share by lowering price will almost certainly cause the other sellers to lower price as well, ending up with the same Buy Box share at a lower price.

In contrast, raising the price on such a crowded listing will unlikely encourage all competitors to increase their price. 

Buy Box Algorithm Dynamics & Current Concern

Recently, it has come to our attention that some of our clients observed a change in Amazon’s Buy Box algorithm behavior. Upon investigating several customer requests, we also noticed that Buy Box distribution seems to no longer be happening as it was. From our experience and the experience of our clients, competitive sellers whose products are at the same price point are not getting their “entitled” Buy Box share, as previously experienced. 

Looking at the price change history of various products, we are finding that relevant sellers are having to decrease the price of their listing by more than just a few cents below the current Buy Box price in order to attain it. For example, where a 1 cent decrease used to be enough to win the Buy Box, a seller will now have to decrease price by 15 cents to get the same result.

In Seller Central Forums, Amazon sellers have been discussing the issue in depth and it’s interesting to note that some sellers did receive responses from their Amazon account managers confirming that there is some sort of a Amazon buy box glitch and it is being worked on.

We are still investigating the reason behind such behavioral changes in Buy Box rotation. This article should not be construed, nor be cited as an origin of a potential Amazon Buy Box algorithm glitch claim or change. Our technical team is still looking into the concern that has been recently observed by clients. 

Suspected Factor Causing Change

Although based on pure conjecture and surfacing reports online, the Amazon A9 algorithm allegedly received an update, dubbed as Amazon Algorithm A10. And with such a rumor, it would be tempting to assume that it might be one of the reasons behind the so-called Amazon buy box algorithm change.

Despite the silence of Amazon about the A10 algorithm or even the alleged Amazon buy box algorithm change, it is believed that the new update now gave more importance to seller authority. Sellers’ authority and standing is now viewed as one of the factors affecting Amazon buy box changes. 

Therefore, suggesting that Amazon now places more weight on product return history, selling tenure, and positive feedback. Allegation of changes in Amazon algorithms is nothing new. In retrospect, Amazon also disputed last year The Wall Street Journal report stating that “Amazon Changed Search Algorithm in Ways That Boost Its Own Products.”

In view of such previous reactions, it would be wiser to wait for Amazon’s feedback about the algorithm update, while our team here Seller Snap also continues investigating the concern relating to Amazon Buy Box algorithm change.

Worth noting that these reported Amazon buy box changes should not be directly equated with an Amazon buy box glitch. For such an alleged algorithm change is calculated to address pressing issues during the pandemic.

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How Amazon A9 Algorithm Affects Your Amazon Listing in 2021 https://www.sellersnap.io/amazon-a9-algorithm-affects-amazon-listing/ https://www.sellersnap.io/amazon-a9-algorithm-affects-amazon-listing/#comments Wed, 15 Jul 2020 23:36:00 +0000 https://www.sellersnap.io/?p=13070 The best Amazon sellers aim for product visibility in order to increase sales. Apart from using Amazon repricers to help them automate their price adjustments, experienced online sellers are well-aware of the importance of product visibility and brand awareness in the eCommerce industry.

With that in mind, it is important that you understand how Amazon product ranking algorithm works. Thus, making it necessary for you to learn not just Amazon SEO, but also the dynamics of the Amazon ranking algorithm. Understanding how Amazon A9 search engine works will guide you on how to optimize your Amazon listing for better results.

The Product Ranking Amazon A9 Algorithm Dynamics

According to Statista, Amazon’s combined mobile and desktop visits from 2019 to 2020 amounted to over 2.44 billion. Thus, making it the most visited eCommerce platform in the United States. Amazon.com leads by a wide margin over other online selling platforms, with 214.8 million users.

With such statistics in mind, it is crucial for Amazon sellers to rank their product on the first page of the Amazon A9 search engine result if they want to take advantage of the numerous online transactions. To serve as a starting point, having a better understanding of how the Amazon A9 algorithm works would be beneficial. Without a clear understanding of the Amazon A9 search engine and how it works, Amazon sellers don’t always maximize the full potential of their business.

Similar to the Google algorithm, Amazon ranking algorithm performs data analysis, which includes the analysis of historical traffic patterns, since Amazon’s searches are not informational, but rather more transactional in nature. Apart from data analysis, the Amazon A9 algorithm also performs indexing, for it indexes the inputted text in the Amazon listing.

When performing a search, the algorithm takes into consideration the most optimal matches to that of the customer’s search keyword/s and the item relevancy. What makes the Amazon algorithm unique from other online selling platforms is its capability to automatically learn the combination of various relevant features. It is also capable of analyzing past search patterns in order to adapt to what is relevant to the customer’s search.

To simplify its functionality, the Amazon algorithm focuses more on relevance and performance. The “relevance” aspect of its search relates to how products are optimized, especially in its description and use of proper keywords.

On the other hand,  the “performance” aspect relates to the historical performance of a product in terms of its sales history. That is why products that are well-optimized and have been generating sales in the past are more likely to rank higher, as Amazon product ranking algorithm favors both

To boost the historical performance aspect of your product or its sales performance, make use of Amazon seller tools, like Amazon repricers. Amazon repricers will help secure your profit margin and potentially increase the Amazon Buy Box winning rate.

Reliable algorithmic repricers like Seller Snap will deliver an automated repricing strategy to help maximize your profit potential. To learn more about AI repricers, CLICK HERE.

Effective Optimization for Better Amazon A9 Search Engine Ranking

Successful sellers on Amazon understand that in order to rank higher in Amazon search results and increase chances of winning the Amazon Buy Box, an Amazon SEO strategy should be established. Amazon SEO is one of the factors that the Amazon A9 algorithm takes into account. In order to improve your Amazon SEO campaign and for your Amazon listing to be more A9 algorithmic friendly, here are some particular elements to check and optimize.

Handle Title & Brand Name Well

Using the correct title on your Amazon listing has a huge impact on your product ranking. In order for your title to be A9 algorithm friendly, it is suggested that titles should mimic the text found on the physical packaging of the product. In terms of length, titles must not have more than 200 characters, including spaces. To know more about policies for writing listings, CLICK HERE.

The product title should be keyword rich and identify the item you are selling. Take note that the wording employed on your title will determine your potential spot on the Amazon search result page.

Similarly, consideration should also be assigned to the brand designation. Your brand name should be included in the title format. This will increase the chance for your product to rank on searches that are filtered by shoppers according to brand.

Deal With Back-end Keywords

When it comes to ranking your product on the Amazon search engine results page, you should also consider back-end keywords. Back-end keywords do not appear to shoppers checking your Amazon listing page. They are hidden terms that can be inputted in the back-end search field when preparing/editing your Amazon listing.

To help you access the back-end keywords section, here are simple steps to follow:

STEP 1: Click the “Inventory” tab on your Seller Central account

STEP 2: Go to the right side of the page and look for the “Edit” button beside your active products. Click the “Edit” button

STEP 3: You are now in the “Edit Product Info” screen and will automatically see the “Offer” navigation tab

STEP 4: Click on “Keywords” to open the “Search Terms” section

Back-end keywords will help your product reach more relevant traffic. If you are familiar with the WordPress plugin, Yoast, the concept of back-end keywords are somehow closely related to “Keyphrase Synonyms.” For example, if you are selling a hand moisturizer, one potential back-end keyword to use would be hand lotion; for other users may use such terms as their search keyword. To know more about the effective use of search terms, CLICK HERE.

Improve Bullet Points

Another avenue for optimization would be bullet points. Amazon allows you to include at least 5 bullet points in order to quickly highlight your Amazon product. The best Amazon sellers are fully aware of the importance of bullet points.

Bullet points found on the “About the product” section of the listing serve as a quick and substantial preview for shoppers. Bullet points should be used efficiently to effectively convey what your product is and why it stands out over its competitors on the Amazon marketplace.

Product Description

As mentioned above, one of the main basis for ranking a product by the Amazon A9 algorithm is conversion or sales history. For that matter, you should optimize your product description well.

In optimizing this section, mere keyword stuffing will not work. Since your goal is to attract more potential buyers, your product description should be informative, brief, and engaging. Make use of marketing language and strategy that will help answer the query or need of a shopper. Make your description look natural while maintaining proper keyword balance.

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Amazon Glitches: Amazon Repricer & Price Guard Development https://www.sellersnap.io/amazon-glitch-amazon-repricer-price-guard-development/ https://www.sellersnap.io/amazon-glitch-amazon-repricer-price-guard-development/#comments Mon, 13 Jul 2020 23:34:46 +0000 http://54.70.163.241/?p=1971 Despite the advancements of today’s eCommerce landscape, it cannot be denied that temporary errors or disruptions are being experienced both by sellers and buyers alike. Even tech-giants like Amazon experience system glitches, an “Amazon Glitch” as dubbed by online news sites.

Although the threat of cyber attack or cyberwar should not be overlooked, system glitches should not be underestimated. A much bigger and more imminent threat to data security and processing efficiency is the so-called software glitch. One of the reasons for such occurrences is the vast amount of data stored, which makes it difficult for a system to regularly refresh or run tests to immediately spot and fix errors.

And with a multinational company like Amazon that operates globally, eliminating the possibility of an Amazon glitch, including Amazon price glitches, is somehow virtually impossible. There are tons of variables to be considered, including interactions of hardware & software components, and not to mention those third-party applications whose development is beyond the control of Amazon.

Third-Party Software Amazon Glitch

 

glitches-on-amazon

 

An Amazon glitch, particularly price glitches on Amazon, mainly caused by a third-party software is more than just a possibility. For in 2014, such an incident actually happened. For easy reference, we will be calling the incident the Amazon Price Glitch.

It was on December 12, 2014 that the said pricing glitch was noticed by Amazon shoppers. On the Amazon UK website, numerous items were priced at one penny (1p).

Clothes, toys, furniture, games, and electronic devices were among the products that were listed on sale and were priced for 1p. As a result of such a massive discount, Amazon shoppers quickly took the bargain. One online seller shared that during the price glitch, he had received a total of 1,600 orders for his toys and game items.

“People were buying 10, 50, 100 copies of everything. It is £50,000, £60,000, £100,000 of stock; we can’t even work it out,” Amazon seller Martin Le Corre told The Guardian.

Upon checking, it was found out that the said Amazon price glitch was caused by a third-party Amazon repricer. Repricers are used by Amazon sellers to help them automatically adjust prices of their Amazon products to ensure their product stays competitive online.

However, despite the fiasco, sellers were not penalized for such pricing errors or Amazon price glitches, and the vast majority of placed orders were canceled.

Amazon Price Guard & Price Rule

The incident cited above is just one of the many examples wherein glitches are caused by third-party softwares. And with the case of Amazon, solutions to safeguard the safety and security of both sellers and shoppers were quickly implemented. To avoid experiencing a similar incident of price glitches on Amazon, the company added a price guard. This helped avoid repricing tools adjusting the price to the point that losses will be incurred by sellers.

In relation to that, creating a price rule has been highlighted by Amazon as well. Sellers may create a rule that sets the price to stay a certain amount below the Amazon Buy Box price as an example. To know more about creating a price rule, you may CLICK HERE.

Amazon Repricers

Although Amazon offers a repricing tool of its own, there are other Amazon repricers that are more advanced and feature-packed. One of the reliable and trusted Amazon repricing tools on the market today is Seller Snap.

Unlike rule-based repricers that would require you to manually set up rules against competitors, Seller Snap is an algorithmic repricing tool that is based on the Game Theory principles. This means that it uses algorithms and principles behind Game Theory to continuously optimize the prices and to completely automate the repricing process.

Seller Snap offers a dynamic repricing strategy, taking various factors into account in order for it to come up with the best solution in a given market situation. CLICK HERE FOR YOUR FREE TRIAL!

Subsequent Amazon Technical Difficulties

The Amazon price glitch is just one of the many examples of technical difficulties encountered by the company. In the subsequent years, other issues were likewise reported, including the ones we have outlined below.

  • Amazon Email Glitch

This particular technical issue happened in 2019, and mainly concerns third-party sellers who were suspended by Amazon. The said merchants were trying to make an appeal to Amazon in order to be reinstated, but they encountered some technical difficulties along the way.

The suspended sellers were trying to send an appeal through email but were being redirected to Amazon’s Account Health. In a report made by CNBC, one Amazon merchant claimed to have spoken with a support team who then confirmed that the email was caused by a system bug.

However, Amazon was quick to respond saying that the emailed response was not caused by a technical error, and sellers are encouraged to file their appeals through the Seller Central portal.

  • Amazon Food Delivery Glitch

Just this March of 2020, Amazon encountered another system glitch. The Amazon glitch affected the delivery of food and grocery items. In a statement made by an Amazon spokeswoman, Bloomberg quoted her saying that:

“As COVID-19 has spread, we’ve seen a significant increase in people shopping online for groceries. Today this resulted in a systems impact affecting our ability to deliver Amazon Fresh and Whole Foods Market orders tonight.”

Panic buying due to the Coronavirus has affected the efficiency of Amazon and has also caused technical issues as has been pointed out in a company memo. Thus, resulting in a queue to enter delivery stations, and ultimately delayed the arrival of customer ordered goods.

  • Amazon Order Glitch

Still, March this year, another glitch was reported. According to surfacing reports, military families overseas were refused delivery for certain items, including but not limited to clothing, electronics, and diapers.

However, the Amazon glitch that hindered the delivery of goods to families living in Japan, Italy, and Bahrain was quickly fixed by Amazon. In a report by Military.com, an Amazon spokeswoman was quoted stating that:

“We noticed an unfortunate glitch in our system on Wednesday that did not allow some items to be shipped to military addresses…We worked quickly to fix the issue, and thank our customers for their patience and understanding.”

Needless to say, Amazon is not just the only company experiencing such issues, for companies like Walmart, Google, Facebook also have their own share of technical issues. It is somehow normal to encounter system glitches, especially if your operation is global. What is not normal is when companies take no actions to resolve those system issues. And Amazon should be credited for their quick response to any issues they notice or reported to them.

Secure Your Amazon Business Today

In terms of securing your Amazon Web Services or AWS accounts and workloads, the tech-giant offers Amazon GuardDuty. As an overview, Amazon GuardDuty is a service offered by Amazon that will monitor any malicious activities or unauthorized behavior that are potentially threatening to your account. With Amazon GuardDuty, you will have “an intelligent and cost-effective option for continuous threat detection in the AWS Cloud.”

Alternatively, on the business and marketing aspect, if you require a secure and safe repricing tool for your Amazon store, you can always turn to Seller Snap. With years of experience in the industry and numerous satisfied customers, you can trust Seller Snap to perform an optimum repricing strategy that will help protect your profit margins.

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Impact of Modern Online Payment in the eCommerce Industry https://www.sellersnap.io/impact-online-payment-ecommerce-industry/ https://www.sellersnap.io/impact-online-payment-ecommerce-industry/#comments Thu, 09 Jul 2020 03:47:52 +0000 http://54.70.163.241/?p=1187 With the continuous development of the eCommerce industry, various improvements in the field have been introduced. One of the highly successful updates in online commerce is the introduction of online payment.

However, not known to most online shoppers, customers, and online sellers, online payment has been around since the first half of the 90s. In fact, Stanford Federal Credit Union is considered as the first financial institution to offer online banking, including the online BillPay in 1997. If you will be more stringent with facts, it can be said that it was Western Union’s electronic fund transfer (EFT) who pioneered electronic payment.

On the other hand, the popularity of eCommerce as an avenue for buy and sell may be attributed to the launching of Amazon (as Cadabra) in 1994, along with other eCommerce sites offering goods to be purchased online. At the onset of the online selling industry, securing and accepting payments has been a challenge for online sellers.

In retrospect, accepting e-payment would require complicated technologies and processes. Now, with just a touch of a finger or click of a mouse, payment can be made either via the merchant’s website or mobile platform. This has become more evident with the emergence of financial services companies that provide digital payment.

One of the highly used and trusted financial services companies is Payoneer. If you are an online seller and if you want to get paid faster, then Payoneer is a cross-border payment solution you need. It is available in more than 200 countries and still increasing. With Payoneer, you have an option to receive your payment onto a dedicated bank account as local transfer, or via local ATM.

If you wish to improve the efficiency of your online business, it would be best to consider integrating Payoneer to your business. Sign Up Now and receive a sign-in bonus of $50, after requirements have been sufficed.

Positive Changes Brought By Online Payment

Speed

When it comes to payment transactions, the speed of the payment method matters the most. That is why online sellers, like Amazon sellers, prefer those methods that are quick and efficient when receiving a payment. Sellers are more inclined to receive their payments either simultaneous with the purchase transaction or within the day. And this is why sellers would choose modern online payment methods due to quick transaction clearing.

To help improve speed, various options have been added when accepting payment for online transactions, one of which is the payment solution being offered by financial services companies. In one of the surveys conducted, the online payment method is almost as popular as the card payment method, the former having an almost identical percentage of patrons with that of the latter.

Costs Reduction

Another reason why online payment has been increasingly becoming popular is the reduction of transaction costs, including the labor cost. In a manual payment method such as cheque, money orders, cash, and even EFTPOS, transaction costs may be incurred. This may include but not limited to transportation fees, postage, or even overhead cost for physical stores.

Convenience

Perhaps one of the commonly associated terms with online payment is convenience. Convenience in terms of online payment is a two-way street. Such a payment method is convenient for the payor in that there is no need to go to a physical store or even a bank to withdraw cash if you are out of it. Similarly, for both the payee and the payor, setting up an online payment account is easier, without having to fill up tons of paperwork.

Affordability

Most online payment system providers offer low to zero setup fees. In terms of transaction fees, most online payment gateways offer low transaction fees as compared to e-banking systems. And in some instances, online payment providers would even go as far as giving sign-in bonus or great discounts for first-time users.

Customer Support

If you have tried any banking transactions and had some issues, you might have already experienced some difficulties dealing with their customer support. Even if you will be communicating online, responses will sometimes be delayed, especially during holidays.

In contrast to that, modern online payment systems offer great customer support even on holidays. There is no need for you to travel to their office to air out any concerns or issues. On top of that, some of these online payment service providers offer a 24/7 support system, either chat or phone call.

Revenue Increase

Apart from speed, one of the benefits of e-payment is the increase in profit. As years pass by, more and more consumers are turning to online shops for their purchases rather than going to traditional stores.

In some cases, some customers would even transfer from one physical store to another if online payments are not available. This is especially true because “2 out of 5 consumers carry less than $20 in cash on a daily basis,” according to a survey conducted by Bankrate.

With the growing popularity of online stores, such as Amazon stores and the decreasing reliance on cash, it is no surprise that more and more merchants are embracing online payment as a modern payment alternative.

Dare to Achieve More!

If you are an online seller, especially an Amazon seller, you should not settle for less. That is why online payment systems or services mentioned above should be taken advantage of. Apart from that, if you are a dedicated seller, you should also take into consideration having some upgrades for the benefit of your Amazon store.

One of the upgrades you may perform for your Amazon business is to switch from the free Amazon repricing tool towards a more advanced AI repricer such as Seller Snap.

Seller Snap is one of the best repricers available in the market today. Seller Snap, as an Amazon repricer, will not simply match the lowest bid of other sellers. Instead of going for the lowest price all the time, this Game Theory based software will take into consideration numerous factors to decide the best pricing strategy to employ.

If you wish to try Seller Snap as your newest Amazon repricer, you may CLICK HERE for FREE TRIAL.

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