There isn’t any scarcity of instruments available on the market for Amazon sellers. Many have come and gone since I began promoting virtually a decade in the past, however one which has caught round is FBA Toolkit.
Not solely has it caught round, however it’s shockingly just like the way it seemed once I first noticed it means again in 2013.
On this article, I’ll dive into FBA Toolkit and present how Amazon sellers are utilizing it. You may then resolve if it is value investing in it your self.
What Is FBA Toolkit?
FBA Toolkit is a program that works on desktop and has cellular apps for iOS and Android gadgets.
It serves three principal features.
#1 Gross sales Rank Estimated Gross sales Per Day
That is the function that draws guests. Toolkit gives graphs for main classes and permits the consumer to see an estimate of month-to-month gross sales for a gross sales rank in a particular class.
There’s a big emphasis right here on ESTIMATE as there is no such thing as a excellent solution to predict precisely how briskly an merchandise goes to promote.
Presently, they supply insights for 20 totally different classes within the US market. Though they do provide performance for different marketplaces outdoors of the USA, they’re solely out there within the $500/month and up plans.
The graphs are additionally interactive. You may hover your cursor over any level within the graph and see what number of items are estimated to be promoting at that time.
The perfect a part of that is that this function is on the market without spending a dime to customers within the US.
This was the instrument I used once I first began out once I needed to get an estimate on what number of merchandise had been promoting for a particular gross sales rank in a class.
#2 Value Listing Evaluation
When you’ve got an inventory of things and costs, you possibly can add them into FBA Toolkit and see an evaluation of their profitability, estimated gross sales per 30 days, and extra.
That is useful when you’ve got manifests from wholesale suppliers which have particulars on prices per unit.
A draw back right here is the constraints on each day value listing scans. When you’ve got a manifest over 1,000 objects (which is widespread) you will have the $250/month plan to scan all of them in someday. If not, you may want to interrupt up the listing and scan it over a number of days.
#3 Product Monitoring
We are able to observe objects and their gross sales and pricing over time with FBA Toolkit. The issue right here is that the constraints on objects you possibly can observe are insane (250 complete on the $50/month plan) and the quantity of information being tracked is nowhere close to as strong as higher instruments like Keepa and even CamelCamelCamel.
For those who’re shopping for FBA Toolkit only for monitoring, expensive God, please do not. Go purchase a Keepa subscription for $17/month as an alternative. It allows you to observe 5,000 objects at a time and would not limit you by market.
FBA Toolkit Cell App
The cellular app is…not good.
The free Amazon app is significantly better. Fundamental performance like coming into your purchase prices shouldn’t be doable with the FBA Toolkit cellular app.
Add on to that the truth that you might be restricted to 100 scans per day on the essential plan and this turns into a complete non-consideration for Amazon retail arbitrage sellers.
FBA Toolkit Pricing
That is the place I actually battle with recommending FBA Toolkit. The pricing is absurd to me and illogical.
The boundaries of every plan are extraordinarily restrictive. 100 barcode scans per day is not going to chop it for a critical retail arbitrage vendor.
And why is the worth leap so extreme for every improve?
$5 to $50, $50 to $250, $250 to $500 after which $500 to $1,000!
I simply don’t get it. Let me know within the feedback if I am lacking one thing.
And keep in mind, except you wish to make the dramatic leap to the $500/month plan, you’ll solely have entry to knowledge within the Amazon.com market.
FBA Toolkit Options
Though I really like the truth that the estimated orders per 30 days graphs and widgets are free, I merely can’t advocate FBA Toolkit’s paid plans to my readers. There are too many higher choices with significantly better pricing and extra performance.
Listed below are the very best alternate options to Amazon FBA Toolkit.
#1 Keepa for Monitoring and Graphs
Keepa exhibits you way more data than FBA Toolkit they usually cost simply $17/month. You may observe as much as 5,000 objects they usually provide you with entry to all of the marketplaces, with out charging you $500/month. Learn extra about how Amazon sellers use Keepa right here.
If you’d like estimated items promoting per 30 days, try considered one of these instruments.
For those who’re doing retail arbitrage and desire a good app for scanning on the go, do not limit your self with FBA Toolkit’s insanely low scan limits. Scanpower and Scoutify every provide limitless scans.
#4 Tactical Arbitrage for Listing Uploads
If you wish to analyze massive lists of ASINs, try Tactical Arbitrage. It provides a number of different highly effective options for product sourcing, however the wholesale listing scanning could be very fashionable, strong and inexpensive in comparison with FBA Toolkit.
God bless the staff at FBA Toolkit for making their gross sales rank order estimates web page free, however the paid choices are merely not value it.
Instruments like Keepa, Scanpower and Tactical Arbitrage provide alternative performance for significantly better costs.