fetcher for amazon review - Hand-Vetted OA Lead Lists for Amazon Sellers - FBA Lead List https://www.fbaleadlist.com Hand-vetted OA lead lists for Amazon sellers Wed, 21 Jan 2026 15:45:49 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.fbaleadlist.com/wp-content/uploads/2025/09/cropped-fba-lead-list-favicon-32x32.webp fetcher for amazon review - Hand-Vetted OA Lead Lists for Amazon Sellers - FBA Lead List https://www.fbaleadlist.com 32 32 4 Reasons Why We Think Inventory Lab Is Still Worth It https://www.fbaleadlist.com/4-reasons-why-we-think-inventory-lab-is-still-worth-it/ Mon, 19 Sep 2022 16:34:21 +0000 /2022/09/19/4-reasons-why-we-think-inventory-lab-is-still-worth-it/

If you’re an Inventory Lab user, you probably already know that subscription fees have already gone up.

Updated Inventory Lab Cost

Here is how pricing now looks:

Monthly Subscription: $69/month (previously $49)

Annual Subscription: $690/year (previously $490)

Glad to see that you still get 17% off when you subscribe annually. That’s huge if you intend on becoming a long-time user.

We’re not gonna lie, the timing seems bad considering Amazon’s Q4 fee increases and inflation at an all-time high.

Is Inventory Lab Still Worth It?

Despite the increase? YES. We definitely believe so. Here’s why:

Reason 1: They haven’t raised prices in forever.

We can’t even recall the last time Inventory Lab raised its subscription fees. And while the $20 increase is a bit steep, we have to consider that their operational expenses have definitely gone up which likely warrants the price hike.

Reason 2: Their terrific hardworking development team

Inventory Lab’s development team is very consistent when it comes to improving and expanding the web app to help Amazon sellers run their businesses more efficiently.

They’ve introduced a good number of features and tools and consistently addressed software bugs for efficient inventory and data management and profitability tracking.

Inventory Lab also has two exciting new releases this year:

The first is Insights, an advanced tier report feature. This add-on-service costs an additional $25 a month, and will give you access to the Restock report and other advanced features for high level inventory and data management for your Amazon business.

The second big release is ScoutX, a browser extension that promises next-level product research for sellers doing online arbitrage.

As per their newsletter, ScoutX will enable you to:

  • Calculate profit instantly on an Amazon detail page

  • View product restrictions

  • See all product variations

  • View Sales Rank and Price History of a product with an interactive graph

Here’s small taste:

Amazon Product Research:

Product Detail Page:

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Variations:

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Reason 3: Unlimited Employee Accounts

This is AWESOME.

All subscriptions will now include unlimited employee accounts AT NO ADDITIONAL COST.

Delegation is one of the keys to scale your Amazon business, and now you can give all your VA’s access to Inventory Lab’s various tools and features as they work on different aspects of your business. Really, really cool.

Reason 4: Inventory Lab is a true game changer for the Amazon Seller

Inventory Lab is our favorite inventory management software solution, and in this review, we explain why.

Inventory Lab still offers a free 30-day trial if you’re interested to try it out.

If you are an Inventory Lab user and have more insights about the web app, or if you have questions or concerns about it, let us know in the comments!

Delivered to your inbox every week.

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Sellerboard Review: A Feature-Rich Amazon Accounting Software Sellers Will Love https://www.fbaleadlist.com/sellerboard-review/ Mon, 05 Apr 2021 12:56:59 +0000 /2021/04/05/sellerboard-review/

Estimated Reading Time: 6.7 minutes

Sellerboard for Amazon: A Quick Look

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What is Sellerboard?

Founded by Vladi Gordon in 2017, Sellerboardis a fast-rising Amazon FBA Accounting Software solution that provides profit analytics for Amazon sellers. Sellerboard automated accounting features allow users to easily analyze the profit and cost-effectiveness of their business, as well as monitor key performance metrics. Sellerboard’s popularity continues to increase, and currently, the software has over 4,000 users.

Let’s Talk Features

Dashboard

Sellerboard’s highly informative dashboard provides you with an instant view of your most important transaction data. You can view your sales, orders, no of units ordered, refunds, estimated payout, gross profit, and net profit by specific time periods (today, yesterday, this month). You also get to see a detailed breakdown of your Amazon fees such as selling fees and commissions, PPC ad spend, costs of returns and refunds, and promotion costs. You can also view your business costs such as your prep center fees and virtual assistant costs.

Sellerboard Charts

The Sellerboard charts allow you to quickly view and analyze your key performance indicators (sales, number of units, profit, cost of return, etc..). The charts are easily configurable and highly customizable, and you can set time frames (last year by month, last month by day) and the scale of information presented. You may also filter the view by marketplace or product. There is also the option of viewing a full summary or perform an in-depth examination of your product list by specific time periods and particular product details.

Profit and Loss View

This feature provides you with valuable business intelligence as it gives you a highly detailed breakdown of your sales figures and costs (Amazon fees and business costs). You have the option to set time periods, level of data presented, filter your view by marketplace and products ordered and fulfilled during specific time periods.

Sellerboard’s Trends feature enables you to monitor the most important product KPIs (best seller ranking, sales, returns, profit, etc..) to ensure your business’s profitability. You may set a specific product KPI and a time period to view a table that shows the monthly performance of your products. This helps you make quick decisions on your non-performing SKUs, as you can compare this month’s data to the previous month’s, or sort the table to see which KPIs have dropped significantly.

Cashflow Management

Sellerboard allows you to make sound business management decisions as it enables you to accurately forecast your cash flow. The “add” button in this feature allows you to input additional cash investments you make in your business, cost of goods, dividends, and even value-added tax. Sellerboard also automatically fills in payments and expenses.

PPC Ads Optimization

Through this feature, you can make sure that your PPC campaigns, ad groups, and keywords remain profitable as it allows you to track and optimize them with relative ease. Sellerboard utilizes its proprietary algorithm to come up with a PPC campaign’s estimated profit. Using this estimate, it then makes recommendations on bid optimizations based on its computed break-even ACOS and keyword bids.

Product Breakdown

You may view the specific details (actual sales, profit, fees, expenses such as COGS, return costs, PPC spend, VAT) of any product in your inventory at any specific time period.

Amazon Fees Table

In this table, you’ll see a detailed breakdown of all fees and reimbursements such as storage fees, long-term storage fees, inbound shipment, remission, labeling fees, and the likes.

Fixed Costs and Expenses Monitoring

Sellerboard enables you to track all of your fixed cost and recurring and product-specific expenses such as warehouse maintenance, virtual assistants, cost of samples, software tools, etc.

Inventory Management

Sellerboard helps prevent stock-outs by notifying you if it’s time to replenish your stock in the FBA warehouse or if you already need to place a reorder with your supplier. All you need to do is provide production or shipment time and Sellerboard will automatically calculate the lead time based on the products 3, 7, and 30-day sales velocity.

Data Export

Data from Sellerboard (by product or time period) can be exported as a spreadsheet or text file which you may modify using tools such as Excel.

Automated Reporting

In “Reports”, you can manually download various types of data reports in different file formats. Sellerboard also has an automation feature that will allow you to set a schedule for these reports to automatically run. These reports will be accessible as a mail attachment or a protected web feed, which you may then integrate into third-party applications like spreadsheets.

Feedback Request Automation and Email Follow Up Campaigns

You can send automated messages to your customers to collect positive feedback or product reviews and to provide better customer service through this feature. You have the option to use messages based on Amazon’s standard “request a review” template or your own custom email templates. Create custom email campaigns that target specific products, countries, marketplaces, or repeat customers, and set the schedule when specific messages will be sent.

Refunds for Lost, Damaged, Destroyed Inventory, and Incomplete Returns

Sellerboard tracks down instances in which Amazon owes you money and prepares a message template that you can use to file cases for reimbursement. Instances in which you are owed reimbursement are as follows:

  • Inventory lost or damaged by Amazon employees at the warehouse.

  • Returns in which the customer was reimbursed but the item was never returned.

Users and Rights Management

Sellerboard allows you to give multiple users access to your Sellerboard account. Each user will have their own log-in credentials, and you can configure their permissions to limit their access to only specific areas of your account.

Listing Change Alerts

Sellerboard notifies you via email if there have been changes made to your listing that you will need to act on. You will be notified of the following:

  • Changes in the product title, description, main image, product category.

  • Buy Box loss and new sellers on the listing.

  • Changes in FBA fee, product dimensions, or referral fee.

  • Negative or neutral customer feedback.

  • Parent ASIN removed, changed, or new child variations added.

What We Love about It – The Pros

A Highly Versatile, All-In-One Tool

Aside from its accounting capabilities, Sellerboard possesses powerful features that allow you to manage various aspects of your Amazon business from a single platform. It enables you to easily keep track of your finances, manage your inventory efficiently, and optimize your sales performance to hit your short-term and long-term goals. It pretty much addresses almost all of a seller’s needs (whether you are a newbie just starting out or a seasoned seller), so you won’t have to shell out money for different software tools to manage and grow your Amazon business. Also, it has a mobile app which is available for iOS and Android devices, so you’ll also be able to manage your account while away from your desktop. The versatility of this Amazon FBA accounting software is one of the main reasons why its popularity continues to grow.

Ease of Use, Accuracy, and Benefits for Your Business

We love Sellerboard’s clean interface. The data presented is easy to understand and gives you a clear picture of how your business is performing because it takes into account all hidden costs and expenses, making its data from profit-cost analysis highly accurate. As a result, it will be so much easier for you to make effective data-based decisions that will grow your business.

Client Support

We are seriously impressed with Sellerboard’s responsive, capable, and innovative customer support team, which is available 24 hours a day, 7 days a week. They get back to all inquiries within 24 hours and are very open to implementing enhancement requests from clients since they work closely with their technical team. Also, Sellerboard provides its users with an extensive knowledge database that contains detailed instructional videos that can really lower the learning curve of the software.

Sellerboard Pricing

If you take a look at the features we discussed previously, it’s very hard to believe that Sellerboard’s entry-level plan only goes for $15 a month (Standard – 3,000 orders). The next plan tiers are also very affordable – Professional ($23/monthly – 6,000 order), Business ($31/monthly – 15,000 orders), and Enterprise ($63/monthly – 50,000). What’s also great about Sellerboard is that it makes almost all of its features available in all of the plan tiers. They also offer a free trial and a money-back guarantee.

What We’re Not Crazy About – The Cons

(Kindly take note that the observations noted here were made during the time of the review. Information presented here will be updated if applicable.)

We’re very impressed with Sellerboard and the cons we mentioned here are very minor limitations to what is a very impressive accounting software solution:

Manage Users Access Rights By Account, Marketplaces, and Products Feature Is Only Available in the Enterprise Plan

Unfortunately, this feature which allows you to customize user permissions for multiple users is only available in Sellerboard’s most expensive plan, the Enterprise which costs $63 a month.

No Listing Optimization Feature

We read that this feature used to be included in the software, but was removed. Considering the features Sellerboard already has, we may already be asking too much, but this missing feature prevents us from calling it a “complete” tool.

Color Scheme

We may be nitpicking here, but people are visual creatures and we find the color scheme used by Sellerboard to be a little drab. Adding more vibrant colors may help boost aesthetics, increasing the user’s engagement and productivity.

Lack of Customization for the Boxes and Panels

Again, more of an aesthetics issue than a functional one, but would be a great addition to Sellerboard nonetheless.

Our Final Take: Should You Get Sellerboard?

Please read before proceeding:

We participate in affiliate programs to fund Seller Spaceship. Some of the links you will find in our articles are affiliate links, which means that if you purchase a product using our link, we will earn a small commision. This does not, however, come with any additional cost to you, and we guarantee that our reviews will never be based on whether we will earn a commision off a product or not. We stand by our mission to provide objective and informative reviews. That being said, if you do find our product/service review helpful and decide to purchase a product or service we review, we would really appreciate it if you use our links to do so. It will really help the Seller Spaceship team a lot in providing you with awesome content that can hopefully help your business!

YES. Despite being relatively new to the game, Sellerboard’s impressive set of features is enough for us to make the recommendation.

Sellerboard is very affordable and is within the reach of smaller sellers who are operating on a limited budget. And as mentioned earlier, it can effectively address the needs of a newbie just starting out or a seasoned seller dealing with hundreds or even thousands of products.

The profit-cost analysis capabilities of Sellerboard are also on point and is another reason why we strongly recommend this Amazon FBA accounting software. It gives you clear insight into your business’s financial health and will help you make the proper adjustments needed to bring your business to the next level.

Moreover, because Sellerboard enables you to efficiently mine for data at a product level, it’s perfect for sellers who do online and retail arbitrage because these sellers often carry a large number of different types of products in their inventory. This capability of Sellerboard makes the accounting software a good fit for people who utilize these types of models for their Amazon businesses.

Is there anything you love about Sellerboard that we weren’t able to mention in the article? Is there a feature that has really helped your business that you’d like to share? Do you have more questions about this awesome software? Post a comment and join in on the discussion. We’d love to hear from you!

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About The Authors

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Heath Armstrong is a creative alien and the co-founder of Rage Create. He is the author of The Sweet-Ass Journal to Develop Your Happiness Muscle in 100 Days, Sweet-Ass Affirmations, and the host of the Never Stop Peaking podcast. @heathfistpumps | heatharmstrong.com | sweetassjournal.com

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Jason Berwick is a serial adventurepreneur, e-commerce automation junkie, and the co-founder of Rage Create. He spends most of his time building systems to scale digital businesses while traveling the world. @jasonsepicquest | JasonBerwick.com

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Fetcher for Amazon Review: The Amazon FBA Accounting Software For Sellers Who Want to Understand Their Business Financials https://www.fbaleadlist.com/fetcher-for-amazon-review/ Tue, 16 Mar 2021 10:24:20 +0000 https://fbaleadlist.com/fetcher-for-amazon-review/

Fetcher for Amazon Review: The Amazon FBA Accounting Software For Sellers Who Want to Understand Their Business Financials

Word Count: 1, 933

Estimated Reading Time: 6.7 minutes

Fetcher for Amazon: A Quick Look

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What is Fetcher for Amazon?

Founded by Greg Mercer in 2015, Fetcheris a cloud-based Amazon FBA Accounting Software solution that promises to provide its users with quick and easy access to financial insights that accurately reflect the standing of their business. Fetcher, which was created by a team of highly experienced Amazon sellers, software engineers, and data experts, enables users to easily manage their accounting and financial data. A part of a suite of premium Amazon seller apps which include Jungle Scout, Jump Send, and Splitify, Fetcher has a very high approval rating from its users, 93% of whom claim that they consider it to be an essential part of running their business.

Let’s Talk Features

Amazon Integration and Marketplace Coverage

Fetcher directly syncs to your Amazon Seller account and imports your historical data automatically. It also allows you to connect an unlimited number of seller accounts. Currently, this Amazon FBA Accounting Software solution supports all North American (US, CA, MX), and European (UK, DE, FR, ES, IT) marketplaces.

The Fetcher Analytics Dashboards

Fetcher’s Analytic Dashboards give you quick access to very important data points that you can analyze to help you make more effective decisions for your Amazon FBA business. Off the bat, you see your sales figures, the number of units you’ve sold, your costs, profit and profit margin percentage. There is also a bar chart that displays your daily orders, and this set of data can be configured to show you order information from specific time periods of up to 1 year.

The next data sets allow you to effectively manage your inventory.

The product table on the left displays your products. If you enter your order lead time for your product, Fetcher, using your sales volume data, will inform you when exactly you’ll need to reorder to prevent your product from going out of stock. The table follows a color coding system to tell you the status of your SKUS (Red – Order Immediately; Orange – Order Coming Up, Gray – Well-Stocked).

On the right, there is a pie chart that provides a visual representation of how your capital is being spent. You’ll see your order fees, cost of goods sold, shipping fees and Pay-Per-Click costs and the percentage of their spend to your total.

Sales and Profit

Click on Sales and Profit and you’ll see a bar graph that gives you a visual representation of your revenue against your profit.

The gray bars represent your total sales, while the sky blue bars represent your profit.

There is also a more detailed and in-depth analysis on an SKU level available below this bar chart. Also, there is a time-range selector that allows you to view Sales and Profit data from specific time periods from the past year.

Expense Tracking

Fetcher is also bookkeeping software for Amazon Sellers.

When you make a sale on Amazon, it “fetches” the SKU of the sold item from the sales report and adds it to your Expenses interface. You may then input your per-unit-cost and inbound shipping cost (the cost to get the product from the manufacturer to the FBA warehouse) for accurate bookkeeping.

Refunds Management

This feature allows you to monitor your returns and refunds and enables you to understand how it’s impacting your business.

Product Breakdown

Fetcher enables you to view the stats of your products by ASIN to help you monitor key product metrics and gauge their effects on your net income.

This feature enables you to view specific data relating to your daily sales by product. You can also sort the data by pending units + promo rebates + complete units sold.

If you wish to view a visual representation of your daily Campaign Manager Ad Spend, just scroll down further.

Profit and Loss Statement

Fetcher provides two data sets in its Profit and Loss statement: Revenue and Expenses.

If you wish to view a visual representation of your daily Campaign Manager Ad Spend, just scroll down further.

  • Sales

  • Refunds

  • Reimbursements

  • Promos

The Expenses table provides you the following data:

  • Cost of Goods Sold

  • Inbound Shipping

  • Reshipping

  • Recurring fees (data is available for both FBA and FBM)

  • Orders Fees

  • PPC

  • Tax

What We Love about It – The Pros

Fetcher Pricing

This Amazon FBA Accounting Software for Sellers is the most affordable one available in the market today. At $19, its introductory plan (which covers up to 2,500 orders) is within the immediate reach of sellers who are just starting out. The next plan tiers are also very modestly priced. The Business plan, which covers up to 5,000 orders is priced at $39, and the Enterprise plan, which covers an unlimited number of orders only goes for $99. Moreover, Fetcher also offers a free and lengthy 31-day trial which will allow you to determine if Fetcher is the solution you need at no added cost.

Eases the Burden of Tracking Your Finances

If you have very little knowledge of financial management and accounting, digging through convoluted Excel sheet reports from Amazon Seller Central is pretty much a fool’s errand. It consumes valuable hours you could have dedicated to growing your business. Fetcher will save you a lot of time and energy (users have reported that they have been able to save at least 14 hours a month since using Fetcher) by doing all the heavy lifting. It will manage all your data from a centralized source, run your profit calculations, and provide you with financial metrics reports. This frees you up from this tedious, time-consuming task, and will especially prove to be a big help come tax time.

Ease of Use

Fetcher’s simplicity allows new users to maximize its capabilities almost immediately. The user interface is sleek, clean, and very easy to master. The software also does an excellent job in ensuring that the user has immediate access to accurate and up-to-date key metrics via the software’s synchronized calculations which run every five minutes. Another thing that we love is that you won’t experience information overload because everything is broken down into easy-to-understand, straightforward reports and visual representations you can easily interpret and analyze.

It Will Help Drive Your Business Forward

The data you get from Fetcher is easily actionable and will help you make crucial business decisions that can hasten the growth of your business. We believe it is mainly because the developers of the software are Amazon sellers themselves so they have an in-depth knowledge on the specific types of data a seller would need. It enables you to implement effective strategies on various aspects of your business such as inventory management, PPC campaigns, cost management, and the likes, allowing you to scale and increase your bottom line.

It’s Secure

Fetcher uses an OpenSSL AES encryption, the same type which banks, large financial institutions, and high-security entities use. This means your data is well-protected, and you can rest assured that there is virtually no chance for outside elements to access your data. Security is often overlooked when shopping around for SaaS applications, but keep in mind this should be one of the things you have a look at before making a commitment to share your data.

What We’re Not Crazy About – The Cons

(Kindly take note that the observations noted here were made during the time of the review. Information presented here will be updated if applicable.)

It Does Not Consolidate Your Stats and Numbers from Various Amazon Marketplaces

If you sell on different Amazon marketplaces, this might prove to be a slight inconvenience for you. To view business data from your marketplaces, you’ll have to keep switching from one marketplace to another (it only allows you to switch to one marketplace at a time). This makes it a little bit harder to quickly know the overall performance of your business.

Some Manual Calculation Is Needed

While Fetcher does an excellent job of automating accounting and bookkeeping processes, it will require you to perform some manual calculation because as of now it still doesn’t account for sales tax (like VAT). The quick fix here is to manually compute your Value Added Tax and put it on top of your product manufacturing cost to ensure accuracy. It’s no deal-breaker, but it’s better for you to know that Fetcher is not a “set it and forget it” accounting and bookkeeping solution.

No Extra Tools Offered

It’s always nice to get extras, and unfortunately, Fetcher does not come with additional accouterments. Some accounting software solutions also come with a PPC tool, keyword tracker, review monitoring tool, or competitors’ analysis tool. This does not mean, however, that as an accounting software solution, Fetcher is in any way inferior.

Other Minor Limitations We Found

Some limitations that might cause some minor inconvenience are:

  • The Time-Range Limitation – Fetcher only allows you to view data from specific time periods only up to the past calendar year. If you’ve been selling on Amazon for quite some time, past data beyond this limitation will be unavailable.

  • The Three-Word Limitation of the Inventory Widget – when you view the product table, you’ll notice that only the first three words of the product are displayed. If you have similarly named product variations, this might cause a slight problem.

Our Final Take: Should You Get Fetcher for Amazon?

Please read before proceeding:

We participate in affiliate programs to fund Seller Spaceship. Some of the links you will find in our articles are affiliate links, which means that if you purchase a product using our link, we will earn a small commision. This does not, however, come with any additional cost to you, and we guarantee that our reviews will never be based on whether we will earn a commision off a product or not. We stand by our mission to provide objective and informative reviews. That being said, if you do find our product/service review helpful and decide to purchase a product or service we review, we would really appreciate it if you use our links to do so. It will really help the Seller Spaceship team a lot in providing you with awesome content that can hopefully help your business!

Before we make our final recommendation, let’s try to answer a couple of quick questions first:

  1. Is having a complete understanding of your Amazon business’ financial situation important to you?

  2. Are you doing the financial tracking of your Amazon business on your own? Are you having a hard time doing it via reports from Seller Central?

  3. Have you always wanted to employ a full-time bookkeeper to free yourself up from this tedious task?

  4. Are you looking for an accounting solution but are on a tight budget?

If you answered “YES” to all of these questions, Fetcher is perfect for you.

Fetcher’s main strength is its capability to help you easily understand the financial metrics of your business and how they reflect its current status. With this understanding, you can quickly and easily make financially sound decisions that will help grow your business or address issues that are seriously affecting your bottom line.

In business, time is a very valuable commodity, and spending most of your time tracking your financials is a waste of this resource if there is a very affordable and effective accounting and bookkeeping solution like Fetcher available on the market. For its capabilities, Fetcher is very inexpensive, and making this minimal investment can have a profound effect on how you manage and maintain your Amazon business.

If you’d like to get a feel of the Fetcher platform and get an idea of how it can help you have a full grasp on your Amazon business financials, we strongly recommend that you sign up for their free 31-day trial.

Is there anything you love about Fetcher by Amazon that we weren’t able to mention in the article? Is there a feature that has really helped your business that you’d like to share? Do you have more questions about this awesome Amazon FBA Accounting Software? Post a comment and join in on the discussion. We’d love to hear from you!

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ManageByStats Review: Powerful Analytics for Amazon Sellers https://www.fbaleadlist.com/managebystats-review-powerful-analytics/ Fri, 27 Nov 2020 15:38:25 +0000 /2020/11/27/managebystats-review-powerful-analytics/

Word Count: 2,556

Estimated Reading Time: 8.3 minutes

ManageByStats: A Quick Look

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What Is ManageByStats?

Founded by Philip Jepsen in 2014, ManageByStatsis a suite of integrated Amazon selling tools that primarily delivers powerful performance analytics that enable Amazon sellers to make quick and intelligent data-driven decisions to increase their bottom line. This comprehensive FBA toolkit is a multi-faceted software solution, and also has the capability to automate and streamline tasks related to Amazon inventory management, customer relationship management, listing optimization, marketplace and product research, financial reporting, PPC campaigns management, and many more. Considered to be one of the leading providers of Amazon Seller solutions today, ManageByStats currently has over 5K active users, and has managed over 245 million transactions that have generated over $3 billion in revenue.

Let’s Talk Features

Amazon Seller Tools

  • Profit DashboardTo monitor to ensure the health and profitability of their businesses. ManageByStats promotes intelligent business management by enabling users to customize the way they manage analytics. Users can create individual dashboards for particular products, product categories, brands and companies. And on each dashboard, they can add configurable “dashlets” (infoboxes with key data such as key performance indicators, graphs, sales statistics, Amazon payouts, restock alerts, and email graphs and stats) for quick insights on business performance.

  • Statistical ManagementManageByStats has a powerful Amazon FBA calculator that enables users to do accurate revenue, profit, margin and ROI calculations by tracking all costs and seller fees. It consolidates relevant data points (product charges, promo rebates, Amazon fees, other fees, quantity sold, cost, shipping, ad costs, sales tax, profit, profit % and ROI) and allows users to sort the data by product-level and time period filters. Key data is presented in rows and columns, and for the benefit of more visually-inclined users, in graphical form on the Graphs page.

  • Historical Graphs ViewThis feature allows users to view sales and marketing statistics in graph form. Users have access to six marketing and 14 sales graphs that visually display key metrics of individual products, brands, and product lines such as net revenue, sales revenue, quantity ordered, quantity of refunds, conversion rate, profit, Amazon payout, ad cost, impressions, CTR (Click-through-Rate), CPC (Cost-per-Click), and many more. Users can customize the graphs, and set time intervals for periodic monitoring.

  • Product Grouping and ManagementThrough this tool from ManageByStats, users can easily monitor the performance of their Amazon listings in terms of buy box percentage, unit session percentage, ASIN and SKU management, cost of goods and profit, and reviews. By monitoring their product listings, users are able to make quick decisions that can reverse a downtrend or reinforce an uptrend.

  • Customer DatabaseThis tool provides users with a platform from which they can manage customer data and metrics. The customer database makes it easy to locate and categorize customers and perform sales analytics to formulate and implement strategies for improved customer service and customer growth and acquisition.

  • Transactions DatabaseThis database enables users to generate transaction reports using a variety of criteria such as date range, feedback, seller account, brand, product line and individual products. These reports allow users to view all transactions for all buyers,  cross reference customers with various transaction data (order id, SKU/ASIN, payout, gross revenue, feedback, etc.), track and analyze refunds, view cost breakdowns, and make notes on various transactions.

  • Amazon Feedback ManagerThis feature enables users to build strong reputations supported by positive customer feedback and reviews on the Amazon marketplace. The feedback manager ensures that users have full visibility on customer input and provides all the available sales, customer and inventory data, and tools that users need to perform an analysis on key indicators of customer satisfaction.

  • Amazon Inventory Management Software SystemThrough the inventory management feature, users can easily track and monitor their inventory stock levels to prevent overselling and stock runouts. Users set restock lead times based on the production requirements and shipping information of their supplier/s, and the system notifies them when it’s the right time to reorder. The system also allows users to create SKU tags and product lines for easier grouping and sorting, set max order quantities, record supplier information, input case pack, and minimum order quantities. This feature guarantees full visibility on inventory levels, helping users improve efficiency and profitability.

SellerMail

This Amazon autoresponder automates the process of sending emails to customers to get more reviews or create opportunities to enhance customer shopping experience. This feature allows users to create and schedule a sequence of custom emails that will be sent to customers under conditions set by the user. Users have full control over the personalized email sequences, as well as the “trigger events” (post-purchase, shipment, delivery, refund etc.) under which the emails are sent. This feature also enables users to view “send” and “open” rates, do split-tests with messaging, create custom send profiles which include the users’ logo and personalized information, and include discount coupon codes and attachments.

Advertising Manager

This Amazon PPC manager helps users manage their ad campaigns more efficiently. Through this feature, they can easily review, modify, and monitor their campaigns, ad groups, ads and keywords. The pre-saved filters and views show how keywords are performing, and the Scheduling and Automated Bids Adjustment features can pause keywords and boost bids on an hourly basis to hit ACoS (Advertising Cost of Sales) targets. All keyword bid adjustments are documented and users can view the data in graph form. As a result, users not only get to reduce ad spend, they also get to  maximize it.

Catapult

A suite of Amazon listing growth tools:

  • Product RetrieverThis Chrome extension helps users find the right product to sell on Amazon. Users can easily find and validate product opportunities via the data analysis engine which provides data such as monthly sales and revenue volume.

  • Keyword ScoutThis Amazon keyword research tool helps users find high converting and top ranking keywords for their products. It allows users to spy on their competitor’s keyword strategy—it tells them which keywords competitors are ranking for and helps them find keywords gaps which they can exploit.

  • DistillerThis tool allows users to refine massive keyword  lists created from Keyword Scout to uncover high performing keywords. It declutters the keyword list via applied filters, removes ASINS, duplicates, random numbers, single letters and common unwanted words, and generates optimized keyword lists that can be downloaded or fed to the Wordsmith tool.

  • WordsmithThis Amazon Product Listing Assistant ensures that all high performing keywords are included in the listing being created. It makes optimizing product copies easy, and can be used for new listings or existing ones. Optimized listings can be exported directly to Amazon; users don’t need to copy and paste their work. Users can also save several versions of copy for split testing.

  • Keyword TrackerThis keyword tool functions as a keyword management platform. Users who get a subscription to this tool get real-time keyword rank updates for all the keywords they use for their products. Users can track and monitor changes, view Parent and/or Child ASIN associations and results, and customize how keyword data is displayed. This keyword tracking service is offered for free for ManagedByStats Elite subscribers who are only tracking 25 keywords. Paid plans range from $10 (100 keywords) to $340 (15K keywords).

Product Finder

This tool helps users find the perfect product/s for them to sell on the Amazon marketplace. Updated daily, the Product Finder database houses 1.25 million products, and users can search the live database for product ideas based on different criterias such as ASIN, best seller ranking, product size, category, number of reviews, cost, profit margin, sales price etc. Product Finder also allows users to set criteria ranges to identify specific markets where they want to compete.

What We Love about It – The Pros

Big Data

ManageByStats is a powerful analytics software system; it captures every vital piece of data generated by your selling activity on Amazon and you can use this wealth of information to produce useful and actionable insights you can leverage to improve various aspects of your business. We love that the platform allows a high degree of customization in data reporting, which allows you to view and evaluate the performance of your business from different perspectives (product sales performance, profitability, inventory management, customer satisfaction, etc.). This makes prioritizing areas of growth much easier. Data presentation is also top notch and the reporting system presents your data in a manner that is very easy to understand.

Unified System for Private Label Sellers

Because ManageByStats is an all-in-one solution, Private Label sellers won’t have to use 5 to 10 separate apps with varying monthly costs to automate and streamline their Private Label business. This means HUGE SAVINGS. It has the right tools for market and product research, listing optimization, inventory management, reviews and feedback management, customer relationship management, PPC automation, and analytics. No matter what phase of growth your private label business is in, ManageByStats has the exact set of tools you’ll need.

ManageByStats Pricing

ManageByStats is one of the most affordable Amazon seller solutions in the market today, and we love how the features in the plans perfectly suit the needs of the customers and their capacity to pay.

The entry-level Starter plan, which is modestly priced at $19.97, is perfect for new sellers in the process of finding their first product and getting it listed on Amazon.

The more feature-rich Elite program, which, at $59.97, is practically a steal, is suitable for more established, active sellers who need analytics to better facilitate the growth of their businesses.

And lastly, there’s the Enterprise plan, which is geared toward bigger sellers who are serious about expanding their business. The Enterprise plan, which includes all the tool suites, advanced PPC solutions, and expert listing analysis, is offered at value-based pricing, and you’ll need to contact them to get a price quote.

It also offers a free 14-day trial period, so you’ll get to see first if the platform is a good fit for you with no commitments. For its prices, ManageByStats really offers immense value to its customers.

What We’re Not Crazy About – The Cons

Its Limited Marketplace Insight

Because multichannel selling provides more opportunities for higher revenue and greater brand recognition, ManageByStats’ exclusivity to the Amazon marketplace is probably its biggest limitation, especially as a product and market research tool. Users who rely on it for product and market research won’t be able to find other potential high-demand marketplaces and this greatly limits their ability to move products across other ecommerce platforms, which can potentially bring better profit opportunities. Simply put, ManageByStats is not the platform for you if you are looking to implement a multichannel selling strategy that will increase the competitiveness of your business.

The Advertising Manager And Its Reported PPC Data Inaccuracies

The first thing that we’re not crazy about with the Advertising Manager is that this feature is exclusive to the much more expensive Enterprise plan. It is not available in the Starter and Elite plans (you only get a free trial when you subscribe to the Elite plan).

Also, there have been reports about PPC data inaccuracies, particularly with ad spend for products and brands. According to one source, the ad spend data shown by ManageByStats is 10% to 20% lower than the actual figures, which can throw profitability computations off. On a more positive note, ManageByStats has been making constant improvements on its ad management components to improve functionality and make data reporting more precise.

It Doesn’t Integrate with Quickbooks, Xero or other 3rd party accounting apps

For some reason, ManageByStats does not account for refunds made through sales channels and does not automatically adjust inventory and accounting data. Users must make manual adjustments to inventory and accounting records whenever there is a refund. The process of making manual adjustments can be cumbersome and prone to errors.

Our Final Take: Should You Get ManageByStats?

Please read before proceeding:

We participate in affiliate programs to fund Seller Spaceship. Some of the links you will find in our articles are affiliate links, which means that if you purchase a product using our link, we will earn a small commision. This does not, however, come with any additional cost to you, and we guarantee that our reviews will never be based on whether we will earn a commision off a product or not. We stand by our mission to provide objective and informative reviews. That being said, if you do find our product/service review helpful and decide to purchase a product or service we review, we would really appreciate it if you use our links to do so. It will really help the Seller Spaceship team a lot in providing you with awesome content that can hopefully help your business!

Are you a seasoned multichannel seller looking for an advanced retail operations management system? If you are, then NO, Managebystats isn’t for you. You should be looking at software solutions like Sellbrite, Orderhive, Stitch Labs, Brightpearl, or Ecomdash.

However, if you are a new or active Amazon seller, then YES, because ManageByStats is a scalable platform that can help you get your business off the ground and ensure its long-term success.

For a new Amazon seller, the journey begins with product discovery, and ManageByStats’ affordable Starter plan provides you with everything you need to find the perfect product and to create an Amazon listing optimized for conversion. Catapult, the tool suite you get in this plan, gives you the tools for market and product research, keyword research and tracking, and listing optimization.

When your business starts to grow, its needs change, and the Elite plan provides all the solutions you need for the new operational demands of your Amazon business. The Elite plan is ideal for established active sellers and tools like the Profit Dashboard is geared toward the delivery of powerful business analytics. It gives you quick access to all your business, financial, and customer data to help you identify opportunities for growth which you can act on quickly.

Once you become an established seller, the next phase is expansion. At the heart of expansion is customer acquisition, and ManageByStats’ Enterprise plan provides you with tools such as advanced PPC solutions that will make the process of gaining new customers easier and more cost-efficient.

To sum up, ManageByStats is a platform that offers affordable yet effective Amazon seller solutions no matter what stage of growth your business is in.

If you want to understand better how ManageByStats can help you build a successful Amazon business, sign up for their 14-day trial. See for yourself how this powerful analytics and Amazon FBA management software can help your business.

Is there anything you love about ManageByStats that we weren’t able to mention in the article? Is there a feature that has really helped your business that you’d like to share? Do you have more questions about this awesome Amazon inventory management tool? Post a comment and join in on the discussion. We’d love to hear from you!

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Stitch Labs Review: Raising the Bar in Multi Channel Inventory Management https://www.fbaleadlist.com/stitch-labs-review-multi-channel-inventory-management/ Mon, 16 Nov 2020 13:08:24 +0000 https://fbaleadlist.com/stitch-labs-review-multi-channel-inventory-management/

Stitch Labs Review: Raising the Bar in Multi Channel Inventory Management

Word Count: 2,026

Estimated Reading Time: 6.7 minutes

Stitch Labs: A Quick Look

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What Is Stitch Labs?

Founded by Brandon Levey, Jake Gasaway, and Michelle Laham in 2011, Stitch Labs is a leading cloud-based multichannel inventory management software solution for high-growth brands and retailers. Stitch was designed to answer all the operational demands of a multichannel retail business by providing automation, centralized inventory management, and in-depth analytics. Currently one of the fastest growing inventory and order management platforms in the market today, they process 26 million orders and generates $4.5 billion in merchant transactional revenue per year.

Let’s Talk Features

Inventory Management Software

  • Centralized inventory promotes visibility across all sales channels and locations

  • Access to inventory data such as stock history, stock-takes and reconciliation reports

  • Ease of adding new channels and locations without compromising visibility.

  • Allocation of inventory to specific channels and VIP customers

  • Automated low stock alerts and automated calculation of reorder points for effective implementation of a just-in-time inventory system

  • Access to historical sales reports and real-time inventory data

Inventory Control System

  • Automation of inventory management-related tasks

  • Real-time view of stock levels and inventory performance across all sales channels and locations

  • Real-time inventory sync (from all your locations) to prevent overselling

  • Inventory and order management capabilities allows leveraging of bundles, mystery boxes, pre-orders, loyalty programs and other merchandising techniques

Multichannel Selling

  • Full control of all sales channels

  • Real time stock updates

  • Over a dozen integrations; add channels with ease

  • Sales channel analytics – compare performance of sales channels

  • Auto-sync inventory

  • Low Stock alerts to prevent stockouts

  • Sell across locations

Order Management Software

  • Automation of order management tasks (order splitting, backorder management, order import, shipping updates)

  • Streamline workflows

  • Robust inventory management

  • Capacity to handle high volume sales (over 25k orders a day)

  • Support for up to 100k SKUs

  • Streamlined customer service

  • Wholesale/B2B order planning

  • Customer targeting and engagement by viewing their account history, inventory analytics, repeat purchase rates, etc.

Logistics and Fulfillment Operations Management

  • Workflow automation (splitting, routing, order releasing, etc.)

  • One centralized platform to oversee fulfillment

  • Set order routing rules to control when and how orders ship

  • Accountability tools for 3PLs

  • Pre-built integrations and 3PL partner network for shipping coverage expansions

  • Pre-sell with ease as order management will hold orders until stock is available

Purchasing Software

  • Purchase planning based on sales velocity, lead time and present stock levels

  • Streamlined receiving of inventory

  • Easy creation of purchase orders

  • Centralizes purchases, and sharing of purchasing data to accounting, sales channels and vendors

  • Management of End to End Purchasing

  • Financial reporting to track cost fluctuations

  • Customizable low stock alerts and dynamic reorder points

  • Product reporting for data-driven purchasing

Wholesale Inventory Management Software

  • Unified, real-time view of stock levels and inventory performance across channels and locations

  • Automation of time- consuming tasks

  • Allocation of inventory to specific channels and VIP customer accounts

  • Tracking of wholesale orders

  • Sales representative management (performance tracking, commission payouts, etc.)

  • Invoice Management

  • Inventory Performance tracking and reporting for smart merchandising and demand forecasting

Retail Reporting and Analytics

  • Detailed retail reports with inventory, sales and purchasing data

  • Comprehensive multichannel inventory management, retail and product reporting gives access to actionable data on cost, revenue and profitability

  • Access to historical data

  • Balance sheet provides insight on true inventory value

  • Charts and graphical dashboard enable easier sharing of insights

What We Love about It – The Pros

Its Low Learning Curve

It’s very easy to learn how to use Stitch. The interface is simple and intuitive, and even first-time users will be able to do basic tasks like (creating products and customer contacts, generating sales orders, etc.) within minutes of signing in to the platform. We just love how easy and quick it is to set up integrations and link different sales channels and add-ons to your account. All you need to do is provide the info for your third-party account and Stitch does all the heavy lifting.

Also, learning how to do different tasks is very easy because each page comes with an in-depth tutorial that walks you through each step, and the interface features pop-up menus for access to the knowledgebase and support in case you need assistance.

Its Multiple Integrations

While there are users who have complained about Stitch being “too integrations dependent,” we absolutely love that it’s compatible with a large variety of integrations (over 100 to be exact!). Stitch integrates with the most popular sales tools and ecommerce platforms, and this allows you to build your own unique tech stack that can make your business run efficiently.

Streamlined Inventory Management

Stitch is a centralized platform that allows you to manage your inventory and automate workflows from one location. From the dashboard, you can manage all of your sales channels, update your listings, run promotions, sync stock levels across all sales channels, warehouses, and fulfillment centers, and customize and implement time and cost-saving order routing strategies. Being able to do all of this in one location not only improves efficiency but also saves you valuable time, energy, and money.

Automated Purchase Order Creation

This is a powerful feature, and we love it because it saves time and increases your cash on hand. Stitch automates the calculation of reorder points and creates drafts of purchase orders. This calculation is based on real-time data on sales velocity, supplier lead time, and par levels. Once you receive a low stock alert, the purchase order is then sent out. This makes ordering faster and more accurate, and become more liquid because you have less cash tied to stock.

The Comprehensive Analytics Dashboard

Stitch’s analytics dashboard is awesome and gives you a clear, data-driven overview of your business’ performance. From this dashboard, you can view sales, revenue, and inventory stats, sales velocity and forecasting reports and sales channel-specific reports. You also have the ability to filter data using customization variables. It gives you all the data you need to formulate sales and inventory management strategies to increase revenue and profits.

What We’re Not Crazy About – The Cons

Stitch Labs Pricing

Software systems that provide exceptionally sophisticated services often carry a hefty price tag and Stitch Labs is no exception. In fact, it’s probably the most expensive multichannel inventory management software solution in the market today.

While they don’t display their prices on their pricing page (interested parties must request a price quote), they do make it clear who their target clientele is (“Stitch Labs is best suited for brands trading $1M or above, or transacting over 25k orders per year.”). So this should already give you an idea on the price range of their plans. Also, before they removed their prices, we received reports that their entry level “Essentials” plan was priced at $799, which definitely puts this out of the price range of smaller multichannel sellers.

Another thing to take note of is that implementation training is not included in the monthly fee, so you’ll have to pay for an onboarding session.

Limited Functionality for Sellers Outside the US

Stitch was designed to cater to businesses which operate and sell in the US. If you are based outside the US, Stitch may still work for you, but you should know that you will have to deal with limited functionality. For instance, Stitch does not support sales order currency conversion, inclusive taxation, international eBay seller accounts, country-specific invoice formatting requirements, etc. Read this article from Stitch Lab’s support base if you are outside the US and considering getting Stitch.

Refunds Management

For some reason, Stitch does not account for refunds made through sales channels and does not automatically adjust inventory and accounting data. Users must make manual adjustments to inventory and accounting records whenever there is a refund. The process of making manual adjustments can be cumbersome and prone to errors.

No Mobile App

Stitch has no mobile app and does not support mobile browsers.

Our Final Take: Should You Get Stitch Labs?

Please read before proceeding:

We participate in affiliate programs to fund Seller Spaceship. Some of the links you will find in our articles are affiliate links, which means that if you purchase a product using our link, we will earn a small commision. This does not, however, come with any additional cost to you, and we guarantee that our reviews will never be based on whether we will earn a commision off a product or not. We stand by our mission to provide objective and informative reviews. That being said, if you do find our product/service review helpful and decide to purchase a product or service we review, we would really appreciate it if you use our links to do so. It will really help the Seller Spaceship team a lot in providing you with awesome content that can hopefully help your business!

If you are a small multichannel seller who is just starting out, the answer is NO. Stitch is simply beyond your budget and way too complicated for you. If you are looking for a similar solution, we strongly recommend that you get Ecomdash. Ecomdash offers a similar level of functionality at a price that is more affordable to smaller business owners. If you want to learn more about Ecomdash, read our full review here.

However, if you are a medium-sized multichannel seller who is experiencing a period of rapid growth in your business, and can afford Stitch Labs, the answer is YES. You stand to benefit a lot from their centralized platform which can automate your inventory and retail operations.

In multichannel retailing, one of the most important inventory management strategies to implement is the Just-In-Time inventory system. For the uninitiated, Just-In-Time inventory is a system in which you forecast demand and keep just enough inventory to meet that demand. This system allows you to be more liquid and having more cash on hand gives you access to investing opportunities that can grow your business further. Moreover, this system significantly reduces your storage costs and lowers your loss risk.

The key to implementing this system effectively is accurate demand forecasting, and this is where Stitch shows its tremendous value. Accurate demand forecasting requires the efficient tracking of sales data and Stitch provides you with a highly informative sales velocity report that allows you to understand how fast your products are selling. Moreover, it gives you insight on demand fluctuations and seasonal trends which will help you order the right amount of product at the right time.

Also, Stitch users can easily make crucial decisions regarding their inventory quickly because the platform allows them to easily track their inventory across all their sales channels. Inventory data is updated in real-time, and it works really well with the automation features of the platform. For instance, Stitch allows you to create drafts of purchase orders which you can send as soon you receive a low stock alert. This significantly reduces the time spent on ordering and fulfilling sales orders. In effect, you maximize profitability because you save time and get your fresh inventory faster which enables you to consistently meet demand without having to break bank on storage costs.

To sum up, Stitch is the perfect platform to use when implementing a Just-In-Time inventory strategy for your business because it virtually eliminates the danger of miscalculating demand or running into stockouts, enabling you to reap the full benefits of reduced costs and improved efficiency.

If you’d like to see how Stitch Lab’s centralized inventory management dashboard can help you implement a Just-In-Time inventory system for your business, get in touch with their team, and request a free trial. Stitch Lab’s streamlined approach to inventory management might just be what you are looking for.

Is there anything you love about Stitch Labs that we weren’t able to mention in the article? Is there a feature that has really helped your business that you’d like to share? Do you have more questions about this awesome Amazon inventory management tool? Post a comment and join in on the discussion. We’d love to hear from you!

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Sellics Review: The Retail Analytics Software for Forward-Thinking Amazon 3P/Sellers https://www.fbaleadlist.com/sellics-review-the-retail-analytics-software/ Fri, 06 Nov 2020 11:30:53 +0000 /2020/11/06/sellics-review-the-retail-analytics-software/

Word Count: 2,369

Estimated Reading Time: 11.7 minutes

Sellics: A Quick Look

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What Is Sellics?

Founded by Franz Jordan and Josef Vataman in 2014, Sellics is a suite of inventory management, marketing and analytics tools that can optimize key performance metrics to drive sales and increase market shares on Amazon. Sellics’ all-in-one software platform enables users to analyze profits, optimize product listings, manage their inventory, Pay-per-Click (PPC) campaigns, and reviews. Regarded as one of the leading Amazon retail analytics software solutions in the market today, Sellics reports that its users see a 1.6x ROI for their Amazon PPC campaigns and a 42% increase in revenue (on average after 3 months). It currently has 4,000 users and a customer satisfaction rate of 93%.

Let’s Talk Features

Sellics offers three separate platforms:

  • The Agency Edition, which is for agencies that handle Amazon clients.

  • The Vendor Edition, which is for the 1P/Vendor who sells wholesale via Vendor Central.

  • The Seller Edition, which is for the 3P/Seller who sells directly to customers on the Amazon marketplace via Seller Central.

This review will focus on the Seller Edition.

Sellics Seller Edition has 5 features that help its users succeed on Amazon:

Profit Dashboard

This feature helps users analyze their “true” profit and understand how fixed and variable costs and expenses impact their business. Integrating seamlessly with the user’s Seller Central account, the profit dashboard tracks sales in real-time and does automated calculations that deduct all costs and expenses (FBA fees, shipping fees, PPC costs, Amazon fees, promotional costs, taxes, cost of goods, and many more) from total revenue to reveal the user’s true profit margins. It is also versatile and can be configured to show profitability at any level (from marketplace to individual child ASINS) and any key performance indicator preferred by the user. Sellics Profit also comes with an exclusive mobile app.

Amazon Feedback Manager

Sellics’ Review Manager notifies users via email every time they receive product feedback. These automated updates allow users to immediately address negative reviews which they can do directly from the dashboard, and use the positive ones to improve the copies of their listings. Users can utilize the filters to sort through positive and negative reviews for a particular product over a period of time.

Amazon Inventory Management Software

This tool prevents users from having to deal with stockouts. Once users upload the lead time for their products, Sellics will then calculate the best date for reorder based on current stock levels, sales velocity, and lead time. Once the date arrives, the users will receive a notification to reorder. This inventory management tool also enables users to carefully plan and manage financial resources as it helps them monitor their 90 day reorder pipeline.

Amazon Listing Optimization Tool

Sellics’ Amazon SEO software increases organic sales through:

  • Effective Keyword Research – Sellics Sonar has over 180,000 keywords in its database to help users find the most searched and most relevant search terms they can use for their listings’ title, bullet points, and Amazon backend keywords.

  • Product Listing Optimization – the Listing Optimizer enables users to create listings that convert by showing them product listings that need improvement. It makes recommendations on how a listing’s product title, bullet points, description and backend keywords can perform better. Once users have optimized their product listings, they can then check how their product listings stack up against their competitors’. The Listing Optimizer also allows users to monitor the listings of successful Amazon sellers so that they can learn and implement listing strategies that will help them outrank their competitors.

  • Tracking of Keyword Rankings – the Keyword Tracker monitors the development of keyword rankings over time and allows users to check how their efforts in optimizing their listings have impacted keyword ranking and Best Sellers Rank (BSR). Users may also perform A/B testing and track the results to see which optimization strategies positively impact ranking performance.

Amazon PPC Management Software

The PPC manager enables users to manage and automate and optimize their PPC campaigns. It increases advertising ROI and significantly reduces work hours in ads management by:

  • Automating Keyword Migration – the Keyword Harvesting Automation Tool automates time-consuming tasks in PPC keyword management such as migrating high-performing keywords from one campaign to another and adding non-performing ones to a negative keyword list.

  • Automating Keyword Bidding – the Bid Automation Tool automatically increases (when Advertised Cost of Sale or ACoS is low) and lowers (when ACoS is high) keyword bids for ad spend efficiency. It also pauses a keyword once it determines that a keyword is unprofitable.

  • Optimizing PPC Campaigns for Profit – the PPC manager eliminates the need to depend on Seller Central reports to evaluate the performance of ad campaigns. It lets users monitor ad performance by showing ad performance metrics sorted by revenue, cost, CPC, CTR, orders, impressions, etc. It also tracks every modification (changes in keyword bids, budgets, keywords added or removed) users make to their PPC campaigns and makes this historical data available to users so that they may identify which modifications have boosted ad performance. These enable users to formulate and implement effective strategies to optimize their PPC campaigns.

What We Love about It – The Pros

Its Very Helpful Trial Period

Sellics offers a free, 14-day trial period to potential clients, and we really appreciate how helpful it is in helping you decide whether to subscribe to Sellics or not. The trial has no limitations, and gives you access to all the platform’s features; you can test ranking optimization, track keywords, and test PPC automation with 2-3 ad groups. You also get access to the Help Center, which helps you familiarize yourself quickly with the platform. There is one drawback though – you will have to connect your Seller Central account to the platform to be able to test most of the features.

Data Protection and Privacy

Sellics only takes the information needed to manage your account from the Marketplace Web Service (MWS) API. Your information is kept secure, and there is no risk of it being shared with Amazon or any third-party. You can read their privacy policy here.

Its Low Learning Curve

Sellics has a low learning curve, and its user-friendly interface is easy to understand, navigate and manage. The Sellics Cockpit, which is the first thing you see after you log in, is really well-designed, and makes it easy for you to view account data and insights, as well as explore the different features of the platform.

We also love how committed the Sellics team is in helping users familiarize themselves with the platform. They provide a very extensive knowledge database that gives its users instructional material on just about every Sellics feature and capability, as well as regular blog posts that give regular updates and tips on how to use the software to grow one’s business. Customer help and support is also superb, and is available 24/7 via chat or email. The highly knowledgeable and very responsive support team responds to queries within 24 to 48 hours.

It’s a Complete Selling and Analytics Tool

One reviewer referred to Sellics as “the Swiss Army Knife of Amazon Seller Tool Suites,” and we totally agree. Sellics is a real all-in-one tool, and in our opinion, is the most composite and comprehensive Amazon Selling and Analytics tool available today. A strong statement, yes, but with all its powerful capabilities, an easy one to make because it just gathers all the analytics you need to succeed on Amazon.

Sellics provides the analytics needs sellers don’t get from Amazon’s Seller interface due to its lack of functionality. From Sellics, you get a highly accurate range of metrics and data, including session and conversion rates on all of your products, and information on how you can improve them (very important to note, that Sellics is the ONLY tool that shows session and conversion rates). This level of competitive intelligence made available to you is then translated into clear, understandable, and most importantly, actionable insights, from which you can devise and implement action plans that optimize across all key performance metrics. This boosts conversion rates and drives sales and profit, allowing your business to flourish.

What We’re Not Crazy About – The Cons

Sellics Pricing is a Bit Confusing

Sellics now uses a variable pricing model based on your annual sales volume. The lowest plan tier, which costs $67/month, is for sellers who do 1K to 60K in annual sales. On the other side of the pricing matrix, the highest plan tier, which costs $317/month, is for sellers who do 1.2M in sales per year (Please take note that these prices are for the Seller edition).

While the new pricing model is definitely an improvement over the previous one (the ineffective credit system for keywords and products tracked), we still find it a bit confusing because the monthly fee is now linked to Amazon sales. Maybe it’s just us, but we’d rather get charged a flat rate than pay a sliding scale fee based on our gross sales on Amazon.

One Seller Central Account Per Sellics Account

Sellics doesn’t allow the integration of multiple Seller Central Accounts into one Sellics account. For sellers with multiple stores on Amazon like us, this limitation is a big one. On a more positive note, Sellics will give you a 20% discount for each additional account created.

Various Platform Limitations

Sellics is a powerful software solution, but it does have its limitations:

  • Limited Historical Data – because of limitations set by Amazon’s API, Sellics can only pull historical data from the last 60 days on the Profit Dashboard.

  • Limited Exports – right now, exports are only available in PPC Manager (at the top left of each Optimize table) and Profit Dashboard. While Sellics has already announced that exports will be made available for other features soon, there is still no ETA as of today.

  • Artificially Inflated Revenue Numbers – revenue numbers can be artificially inflated because Sellics adds the value of all types of promos, even ones that aren’t yours, to your profits. The reason is that Amazon’s API considers any sale with a price reduction to be a promotion.

Our Final Take: Should You Get Sellics?

Please read before proceeding:

We participate in affiliate programs to fund Seller Spaceship. Some of the links you will find in our articles are affiliate links, which means that if you purchase a product using our link, we will earn a small commision. This does not, however, come with any additional cost to you, and we guarantee that our reviews will never be based on whether we will earn a commision off a product or not. We stand by our mission to provide objective and informative reviews. That being said, if you do find our product/service review helpful and decide to purchase a product or service we review, we would really appreciate it if you use our links to do so. It will really help the Seller Spaceship team a lot in providing you with awesome content that can hopefully help your business!

So, is Sellics the right tool for you? Let’s see:

If you are just starting out in the Amazon game and are still in the product discovery phase, the answer is NO. You don’t need Sellics yet. We recommend that you look into simpler software solutions like Jungle Scout which can provide exactly what you need for you to advance your business to the next level.

However, if you are already a fairly established seller, in particular one who does Private Label and has launched products in the Amazon marketplace, the answer is YES. Sellics, for you, will be an essential, as it can support your growth and help you reach your profitability goals.

When you launch a product, one of your main goals is to rank it in highly competitive search terms. Success here means high product visibility, which will lead to continuous organic sales. Sellics is the ONLY platform that provides you with ALL the tools and data you’ll need to rank your product in the best search terms quickly and easily.

If we were to pick out a tool from Sellics that has helped out our businesses a lot, it would have to be the PPC manager. We manage a good number of PPC campaigns and deal with thousands of keywords, so the automation feature of the PPC manager really saves us a lot of time and energy in managing our campaigns. The Bid Automation Tool has also significantly reduced our ACOS. It has done a much better job than us in managing our ad spend, and the savings we get from that practically pays for our subscriptions. We love the margins we are getting and if only for this tool, we’d strongly recommend Sellics to you.

If you’d like to experience what it’s like for your business to be powered by one of the leading retail analytics software today, sign up today for a 14-day trial. See for yourself how Sellics’ ranking optimization, PPC automation and other features can boost the performance of your business.

Is there anything you love about Sellics that we weren’t able to mention in the article? Is there a feature that has really helped your business that you’d like to share? Do you have more questions about this awesome Amazon inventory management tool? Post a comment and join in on the discussion. We’d love to hear from you!

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Orderhive Review: A Multi Channel Inventory Management Software System That Provides Powerful Automation Solutions https://www.fbaleadlist.com/orderhive-review-a-multi-channel-inventory-management-software-system/ Thu, 29 Oct 2020 16:01:04 +0000 https://fbaleadlist.com/orderhive-review-a-multi-channel-inventory-management-software-system/

Orderhive Review: A Multi Channel Inventory Management Software System That Provides Powerful Automation Solutions

Word Count: 2,123

Estimated Reading Time: 6.7 minutes

Orderhive: A Quick Look

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What Is Orderhive?

Co-founded by Jayneel Patel and Niraj Patel in 2012, Orderhive is a cloud-based, multichannel inventory and order management software solution that streamlines the process of selling on marketplaces such as Amazon, eBay, Etsy, Shopify, and many more. It provides its users with a centralized platform from which they can facilitate inventory control, track orders across multiple sales channels, manage sales and purchase orders, and handle shipping and order fulfillment.

Regarded as one of the top ecommerce inventory management software systems in the market today, Orderhive has received the following awards and recognitions:

  • 2017 – “Purchase Order Reviewers’ Choice Award” from Software Advice

  • 2018 – “Rising Star Award” and ‘Great User Experience Award” from FinancesOnline

  • 2019 – “Fastest Growing Software”, “Most Popular Software” & “Most Searched Software” from SaaSworthy

  • 2020 – “Best Support” from Software Suggest

Let’s Talk Features

Multichannel Integration

The Orderhive platform integrates with the biggest and most popular marketplaces and shopping carts, fulfillment companies, carrier shipping partners, marketing, feedback and survey, payment and tracking automation services.

Ecommerce Automation Software

This feature enables users to automate vital business processes such as managing inventory, orders, shipping and Amazon multichannel fulfillment. Orderhive automation is based on pre-set and customizable “triggers” which can be configured by the user.

Multichannel Inventory Management Software

Orderhive allows users to combine multiple sales channels in their accounts, and provides real-time inventory tracking. Because of this feature, updating stock levels across different locations or sales channels is fast and easy.

Multichannel Listing Software

Orderhive’s listing software enables users to create product listings and bulk-list it to any of their sales channels. Users can choose how to list their products through the use of default or user-customized listing templates. It also allows them to manage their listing data easily, and its real-time syncing ensures that changes to inventory details are reflected across all sales platforms immediately.

Multichannel Order Management Software

Orderhive’s order management pulls all multichannel orders into a highly-intuitive dashboard where users can process orders, process payments, generate invoices, manage returns, and allow dropshipping and backorders. Users can customize the order data they see in a window for quick reference, and also utilize time-saving features such as bulk actions that simplify repetitive tasks in managing orders.

Shipping Software

Orderhive’s shipping software allows users to import all their orders from different sales channels into an easy-to-use dashboard where they can optimize the fulfillment method for each one. Users can choose optimal shipping options in terms of price, discount, package dimensions, location and date of delivery. Also, the software comes with time-saving features such as smart shipping bulk actions that makes processing orders faster and shipping automation that can easily manage repetitive tasks.

Purchase Management Software

Orderhive’s purchase management software makes the process of replenishing inventory easy. The software can automate the creation and tracking of purchase orders, facilitate the pre and post inwarding process, manage and sync suppliers with the user’s purchase patterns, and customize the entire purchasing process. The purchase management software also offers reports based on real-time information that provide users with insight on their inventory purchases, suppliers and transaction history.

Warehouse Management Software

This feature enables users to maximize warehouse performance. The warehousing system provides real-time inventory stock level updates, organizes inventory by batch and location, fulfills and tracks orders. configures shipping workflows and makes management of multiple warehouses easier.

Analytics and Reporting System

Orderhive’s robust reporting system includes inventory reports, sales reports, purchase reports, and shipment, customer, invoice and returns reports. These data-rich reports utilize the most up-to-date information and come with visual elements that make interpretation much easier.

Amazon FBA Integration

Users can integrate their Amazon FBA (Fulfilled by Amazon) account to Orderhive and move their stock to FBA Fulfillment Centers.Through this integration, users can manage FBA inbound shipments on the Overdrive platform.

Amazon Seller Fulfilled Prime Integration

Users who are Amazon SFP sellers can list their products via Orderhive and manage their prime orders, ship products, and track shipments on the platform.

What We Love about It – The Pros

Orderhive Pricing

In our opinion, Orderhive is quite inexpensive if you consider the powerful features the software offers and if you compare its price matrix to those of competing platforms that offer similar capabilities like Skubana, Zentail, and SolidCommerce. Orderhive’s volume-based seller plans are reasonably priced, and it even offers a free plan for Shopify users which comes with basic inventory management features and onboarding assistance via email. Sure, there’s the $99 onboarding fee (which we’re not crazy about) and the charges if you exceed the monthly order limits of your plan, but all things considered, Orderhive is very competitively priced.

It’s Loaded with Powerful Features

Orderhive is packed with robust features that will enable you to streamline and automate every backend retailing process for your ecommerce store with relative ease. It offers a high level of customization, unlimited integrations, powerful automations, real-time inventory tracking and so much more. The software system has a sleek, modern design, and its user-friendly interface is highly-intuitive and easy to navigate.

Its Massive Integration Library

With over 250 accredited partners, we are seriously impressed with Orderhive’s extensive integration library. However, what’s even more impressive is Orderhive’s offer of unlimited integrations; it pretty much allows you to integrate their software with virtually ANY 3rd party platform your business might need. If an integration you want is not on its list of accredited partners, all you have to do is make a request to their support team to make the integration available. This high level of customization allows you to perform tasks the way you want to and use services you prefer to address the specific needs of your business.

Allows Your Business to Run Efficiently on Autopilot

Unlimited automation is one of Orderhive’s most powerful capabilities and is one of our favorites. Through its automation software, you can automate part of or even the entire order fulfillment process by using the platform’s preset workflows. This frees you up from repetitive tasks, saving you time and allowing you to channel more of your effort and resources into growing other aspects of your business.

Customer Service

There’s a reason why Software Suggest awarded Orderhive “Best Support” this year; its customer service is AWESOME. Help and support via chat, Skype call, or phone is available 20 hours a day, 7 days a week. Customer service reps are personable, knowledgeable, transparent, and helpful. Their onboarding process, although not offered for free, is excellent, and the one-on-one coaching they provide will have you up and running quickly and will get you to where you need to be in terms of understanding the platform really fast.

What We’re Not Crazy About – The Cons

The Steep Learning Curve

Orderhive is such a massive ecommerce management system and it takes considerable time to really learn how to maximize its use. The software is loaded with a lot of features that figuring out how it can improve your workflows and help your business is a serious task in itself.

Orderhive does offer a demo version, but the two-week duration you get simply isn’t enough time. Also, the demo version only comes with two integrations, which isn’t really enough for you to understand the software’s functionality (some customers have reported that you can request for more, and the support team usually agrees to the request).

The Help database, which contains a substantial amount of articles and videos, is pretty solid, but from our POV, the content, particularly in automation features, could be a little more in-depth for new users to actually understand what the platform can do. Users can also benefit a lot if they added more contextual help features like lightboxes, pop-ups, and tool tips.

The $99 Onboarding Fee

We don’t want to sound petty, especially since Orderhive’s onboarding process has garnered a lot of praise from its users. But still, $99 is $99, and for us every dollar matters. Orderhive charges $99 for onboarding and set-up assistance, something other SaaS companies usually offer for free. This onboarding fee becomes a slight issue with the demo, because for you to be able to make sense of Orderhive and how you can use it for your business, you’ll have to pay the fee to have their support team import your business data to the demo platform.

If you’re a demo user, paying the fee isn’t really an appealing idea because you don’t really want to spend money on anything you’re not certain you will use yet.

That being said, Orderhive’s onboarding process is top-notch, and the support team does an amazing job in getting you up-and-running. Also, users have access to tech support 20 hours a day, 7 days a week.

Monthly Order Limits

Orderhive recently restructured their pricing matrix, and now enforce monthly limits to the number of orders users can process through their plans. Once you exceed the monthly limit, you will be charged for succeeding orders, the cost of which will depend on your plan (Lite – $0.30 per order, Starter – $0.15 per order, Growth – $0.12 per order). This might be too restrictive for sellers who can’t predict the number of monthly orders they get and for high volume sellers. Take note though that all Fulfillment By Amazon (FBA) orders are completely free.

Our Final Take: Should You Get Orderhive?

Please read before proceeding:

We participate in affiliate programs to fund Seller Spaceship. Some of the links you will find in our articles are affiliate links, which means that if you purchase a product using our link, we will earn a small commision. This does not, however, come with any additional cost to you, and we guarantee that our reviews will never be based on whether we will earn a commision off a product or not. We stand by our mission to provide objective and informative reviews. That being said, if you do find our product/service review helpful and decide to purchase a product or service we review, we would really appreciate it if you use our links to do so. It will really help the Seller Spaceship team a lot in providing you with awesome content that can hopefully help your business!

Automation is Orderhive’s most powerful feature, so if lack of manpower is one of your business’ pressing concerns, we strongly suggest that you get Orderhive.

Orderhive’s powerful automation software can empower small and mid-sized multichannel sellers by enabling them to optimize their retailing processes without having to employ a large staff of employees. Because a large staff is no longer necessary, operational costs go down, and they can rechannel time and financial resources toward taking their business ventures to the next level.

Workflows for inventory management, order fulfillment, and warehouse management can be partially or fully-automated, which makes keeping track of inventory at multiple locations easier. Moreover, Orderhive’s fully automated purchase management system, which works perfectly with the platform’s real-time inventory tracking, facilitates easy restocking for fast-moving products. Automating these business processes improves accuracy and consistency, and leads to faster turnaround times without additional effort and manpower. This full control of inventory movement improves a business’ overall efficiency.

To sum up, Orderhive is perfect for thriving small and mid-sized businesses (even those with brick-and-mortar stores) with limited manpower which need to streamline their retail processes for full inventory control in order to scale upward quickly. If you are a business owner with these needs, Orderhive is a good fit.

If you want to experience Orderhive’s powerful features, sign up for a 15-day trial. Their onboarding team will have you set-up in no time so that you can get a feel of how this platform can potentially help your business.

Is there anything you love about Orderhive that we weren’t able to mention in the article? Is there a feature that has really helped your business that you’d like to share? Do you have more questions about this awesome Amazon inventory management tool? Post a comment and join in on the discussion. We’d love to hear from you!

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Sellbrite Review: The Multi Channel Inventory Management Solution That Gives You The Most Bang for Your Buck https://www.fbaleadlist.com/sellbrite-review-the-multi-channel-inventory-management-solution/ Tue, 27 Oct 2020 11:52:16 +0000 https://fbaleadlist.com/sellbrite-review-the-multi-channel-inventory-management-solution/

Sellbrite Review: The Multi Channel Inventory Management Solution That Gives You The Most Bang for Your Buck

Estimated Reading Time: 8.3 minutes

Sellbrite: A Quick Look

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See our Best Amazon Inventory Management Software for Sellers in 2021 Article Here!

What Is Sellbrite?

Founded by Brian Nolan and a group of highly experienced online sellers in 2013, Sellbrite is a cloud-based multichannel inventory management software solution that integrates with the biggest and most popular marketplaces and shopping carts such as Amazon, BigCommerce, eBay, Etsy, Shopify, and Walmart. It enables its users to effectively streamline their sales processes by providing tools and automation that simplify product listing and management, sync inventory levels across different sales platforms, and optimize order fulfillment. Sellbrite consistently gets excellent review ratings from its user base, of which 90% would recommend it to friends and colleagues.

Let’s Talk Features

Multichannel Support

Sellbrite supports the biggest and most popular online marketplaces and shopping carts such as Amazon, BigCommerce, eBay, Etsy, Jet, Newegg, Sears, Shopify, Shopify Plus Walmart, and WooCommerce.

Listing Management

Sellbrite has a highly-intuitive listing management feature that allows users to list products in bulk across different marketplaces in mere seconds and save listing options in custom templates. These templates make listing new items or modifying existing ones faster and easier.

Inventory Management

Sellbrite provides its users the ability to manage multiple platforms to track and manage inventory. Its inventory management feature runs 24/7, and all updates are done every 15 minutes across all sales channels, empowering its users with the most accurate inventory data on available reserved and on-hand stock levels. Moreover, it can sync with the Fulfillment by Amazon (FBA) inventory management system so that it may also take into account the quantities of FBA and Merchant-Fulfilled products.

Order Fulfillment

Sellbrite’s shipping management functionality enables users to ship product orders from Amazon or other sales channels that are streamlined into Sellbrite. This is possible through the Amazon FBA/Shipstation integrations. The Amazon FBA integration gives users the option to fulfill non-Amazon product orders via FBA (Amazon multichannel fulfillment), and it can optimize the shipping process by routing warehouse or FBA orders to the most appropriate fulfillment centers.

On the other hand, Shipstation integration is for users who need a higher level of functionality when it comes to order fulfillment. Sellbrite can route Shipstation orders and record the tracking information it sends back. Then it notifies the sales channel with an alert regarding the order.

Multiple Account Support

users who have several Amazon stores can sync their product listings across all of their seller accounts. Price adjustments, changes to the product catalog, and image updates will immediately reflect after syncing their product listings once. Automating price adjustments to non-Amazon sales platforms is also possible as users can set price rules/strategies in each sales channel.

Data Reporting

Users can generate sales and inventory reports which can be exported to a CSV file. The data in the sheet can then be processed with a spreadsheet program like Microsoft Excel or Google sheets. Users can also customize the type of data in these reports; they can opt to unify sales and inventory data from all their sales channels or select sales and inventory data from a particular one.

API Access

Sellbrite allows the integration of third-party solutions from developers and ERP systems to its software so that its users may utilize a more personalized approach in automating listing management, managing inventory across different sales platforms and fulfilling orders.

What We Love about It – The Pros

Sellbrite Pricing

Sellbrite is one of, if not the best-priced multichannel inventory management solution in the market today. Its entry-level plan or the Pro 100 (up to 100 orders/month) costs only $29.00/month ($24.00/month if you opt for the annual plan), and is the most affordable plan we’ve seen for this type of software service. The higher volume plans, Pro 500 (up to 500 orders/month) and the Pro 2K (up to 2,000 orders/month), which cost $79.00/month ($66.00/month annually) and $179.00/month ($149.00/month annually) respectively, are also very affordable.

It even offers a “Forever Free” plan for sellers who only get 30 orders a month! Sellbrite pricing is one of the biggest reasons why it’s very popular with small to mid-sized multichannel sellers.

It’s So Easy to Use

Sellbrite is a flexible all-in-one multichannel inventory management solution that does not require custom configuration or integration. It’s very user-friendly and easy-to-navigate, and we just love how it eliminates the complexity of selling on multiple sales channels.

Its simple and highly-intuitive user interface allows you to easily create product listings, manage existing ones, control and sync inventory, manage orders, ship product orders and run business reports from a navigation bar on top of the screen.

It also boasts of time-saving features and options such as one-click marketplace integrations, one-click installs, selective stock pushing to designated warehouses to be used for order fulfillment, and listing templates that will allow you to start new product lists quickly and easily. Everything is simple, easy, and most importantly, fast.

It Packs a Serious Punch

We are seriously impressed by Sellbrite’s comprehensive set of features, most of which are considerably ahead of its competition.

First, the listing software is top-notch, and the process of uploading product listings in bulk is fast and easy.

Second, the efficient inventory management system works seamlessly in providing you constantly updated information on your inventory, giving you full control over your inventory levels across all marketplaces.

Third, shipping functionality optimizes the fulfillment of orders from different marketplaces through an automated routing system, and since Sellbrite also functions as a powerful shipping label generator, it eliminates the need for the use of any postage account.

And lastly, its robust reporting system helps you formulate better strategies in your inventory control processes by providing you sales and inventory level data from your various sales channels. Its functionality FAR EXCEEDS its cost, and its suite of tools provides virtually everything you need to succeed in your business.

It Saves You a Lot of Money on Shipping

As mentioned in the previous section, Sellbrite also functions as a single interface for creating shipping labels for product orders from various marketplaces. Here is the best part: you save time and money when you print your labels on Sellbrite, because it offers the LOWEST discounted USPS rates available Also, you can connect your FedEx and UPS account to the platform and benefit from discounted rates when you print your labels to ship your orders.

Excellent Customer Support

An industry leader in customer support, Sellbrite provides excellent and highly personalized help and support which its users constantly rave about. When you subscribe, they provide free and unlimited one-on-consultations (via email, live chat or phone) to make sure that you are set up properly and running in no time. And once you’re up and running, you can work with the company’s Success Managers who will help you set business goals and teach you how to maximize Sellbrite’s features to help your business flourish (reports say, however, that this support feature is only available for higher volume plans).

Moreover, they have an extensive library of documentation, training videos and webinars that can help users learn how to utilize the most powerful features of the platform. They are simply untouchable in the customer support department.

What We’re Not Crazy About – The Cons

Some Essential Features Are Missing

Sellbrite lacks some essential features that are usually found in competing platforms. For example, it doesn’t offer a mobile app, and its users can only access a POS (Point of Sale) through their ecommerce platform. It also does not support barcode scanning. So while Sellbrite’s set of features is quite comprehensive, make sure to check that it has everything you need before you commit to a subscription.

Its Limited Integration Library

We don’t think that Sellbrite’s integrations library is bad. Its collection of marketplace (Amazon, eBay, Etsy, Sears, Walmart) and shopping cart (Shopify, BigCommerce, WooCommerce) integrations are actually quite good. In addition, it integrates with ShipStation which makes handling shipping a breeze. However, there are several reasons why we think the integration libraries of its competitors (vs Ecomdash, for example) outperform Sellbrite’s.

First, you can’t extend the native functionality of Sellbrite because it doesn’t have any intermediary integrations. Users can only sync up with marketplaces and shopping carts offered by the platform. Also, it doesn’t integrate with Zapier, so users won’t be able to sync unsupported web apps with Sellbrite.

Second, while Sellbrite has a great, if not the best, entry-level plan price in the market, you have to take into account that you will have to pay for some apps and integrations. An example is the Amazon FBA connector which will set you back by $19.00/month (Take note though that Sellbrite excludes Amazon FBA orders from pricing plan order counts which is why they charge $19.00 for this functionality).

Lastly, and which to us is the platform’s biggest drawback, Sellbrite does not support accounting software like Quickbooks and Xero. Users have complained repeatedly about having to copy-paste data to these programs. To Sellbrite’s credit, they have already responded to this user complaint and announced that they will be offering an integration with Quickbooks Online in the near future.

Our Final Take: Should You Get Sellbrite?

Please read before proceeding:

We participate in affiliate programs to fund Seller Spaceship. Some of the links you will find in our articles are affiliate links, which means that if you purchase a product using our link, we will earn a small commision. This does not, however, come with any additional cost to you, and we guarantee that our reviews will never be based on whether we will earn a commision off a product or not. We stand by our mission to provide objective and informative reviews. That being said, if you do find our product/service review helpful and decide to purchase a product or service we review, we would really appreciate it if you use our links to do so. It will really help the Seller Spaceship team a lot in providing you with awesome content that can hopefully help your business!

Before we give our final recommendation, we’d like to ask you a couple of questions:

  1. Are you a small or medium- sized multichannel seller?

  2. Do you sell on three or more ecommerce platforms?

  3. Are you looking for an affordable, hassle-free, and highly intuitive solution that will help you create and manage your listings on multiple ecommerce platforms?

  4. Do you want to increase your sales rate without having to increase your operations?

  5. Do you fulfill orders with stock from more than one warehouse?

If you answered “YES” to most or all of these questions, then YES, get Sellbrite because it’s the perfect multichannel inventory management solution for you.

Let us explain further:

Small and mid-sized multichannel sellers looking to expand to new sales channels often face these three tough challenges:

  1. Creating and Managing Product Lists

  2. Accurate and Consistent Management of Inventory Across All Marketplaces

  3. Business Intelligence: Managing Sales and Inventory Data

What Sellbrite does extremely well is help you overcome these challenges.

First, its simplified and highly intuitive web-based approach to creating product lists for various sales channels eliminates the need to use complex, tedious and time-consuming spreadsheets to create product catalogs in a variety of markets. That’s a huge timesaver and is one of its biggest advantages over its competitors.

Second, its inventory synchronization feature automatically adjusts product quantities and ensures that prices are accurate on all sales channels every 15 minutes. This gives you full control over your inventory and prevents inventory management issues that lead to lost revenue such as excessive sales and missed stock run-out-times.

Third, Sellbrite combines all sales and inventory data from all your marketplaces. This means you won’t have to worry about each marketplaces’ format, requirements and KPI. You can then access this data through clear, customizable and easy-to-digest reports that lets you understand your most important inventory and sales numbers, allowing you to keep your finger on the pulse of your business. This enables you to make sound business decisions on inventory control processes, helping you scale up more efficiently and effectively to increase your bottom line.

To sum it up, Sellbrite is a very affordable solution that effectively addresses the needs of small and mid-sized multichannel sellers for them to run and effectively grow their businesses. It allows them to connect with and win customers over on supported sales channels through Sellbrite’s centralized platform.

If you fit the seller profile we described, we strongly recommend that you sign up for a 30-day trial. Their excellent support team can assist you with the set-up process to get you up-and-running quickly so that you can experience first-hand the awesome features of this platform.

Is there anything you love about Sellbrite that we weren’t able to mention in the article? Is there a feature that has really helped your business that you’d like to share? Do you have more questions about this awesome Amazon inventory management tool? Post a comment and join in on the discussion. We’d love to hear from you!

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Inventory Lab Review: Why InventoryLab Is Still Our Favorite Amazon Inventory Management Software Solution https://www.fbaleadlist.com/inventory-lab-our-favorite-amazon-inventory-management-software/ Wed, 21 Oct 2020 15:21:50 +0000 https://fbaleadlist.com/inventory-lab-our-favorite-amazon-inventory-management-software/

Inventory Lab Review: Why InventoryLab Is Still Our Favorite Amazon Inventory Management Software Solution

Inventory Lab Review 2020: Why InventoryLab Is Still Our Favorite Amazon Inventory Management Software Solution - Sellerspaceship.com

InventoryLab: A Quick Look

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What Is Inventory Lab?

Inventory Lab Home Page - Sellerspaceship.com

Founded by Ryan Stephens in 2013, Inventory Lab is an innovative and highly versatile Amazon inventory management software solution that’s trusted in the FBA seller community. It streamlines vital processes such as managing inventory, listing products, researching, and sourcing products for inventory, accounting, and comprehensive business reporting.

Let’s Talk Features

Inventory Lab offers two main tools to its users:

1.) Stratify

Is the primary web-based application of InventoryLab, and its set of powerful tools and features can significantly improve a business’ efficiency and profitability.

Features/Capabilities:

Product Research via Scout

A web-based research tool within Stratify, Scout allows users to do real-time product scouting easily. Just type in an ASIN, and Scout will provide important listing information such as sales rank, category, packing details, competitor prices, and more. Most importantly, it also shows you the Amazon fees and provides you with a profitability calculator so that you can figure out potential ROI.

InventoryLab Stratify Scout - Seller Spaceship

Amazon Listing Software

The software also has a feature called “Amazon Listing Errors” which informs the user of listing errors generated by Amazon caused by product restrictions or box content information issues. Enables users to list products, create FBA shipments, add to their Merchant-fulfilled inventory, track and monitor costs, and make net profit forecasts.

Inventory Lab Listing a Tool - Seller Spaceship

Inventory Management System

Users can easily manage their inventory and view total in-stock products, in-stock value, potential sales value and other important accounting details.

InventoryLab Amazon Inventory Management System - Seller Spaceship

Accounting System

Users can easily keep track of every product’s sale price, buy cost, net profit, profit percentage, and ROI percentage. It also allows you to monitor refunds, Amazon reimbursements, other income, and expenses such as mileage and inbound shipping.

Inventory Lab Accounting System Features - Seller Spaceship

Reporting System

Allows users to check profitability by supplier, category, SKU and ASIN. The reporting system also provides inventory valuation, sales tax reports, and profit/loss statements.

InventoryLab Reporting System Features - Seller Spaceship

2.) Scoutify App

The Scoutify 2 mobile app is a product sourcing app bundled with your subscription. It enables users to search for competitive and profitable offers in the Amazon US marketplace using their mobile devices. The Scoutify app works for both Apple iOs and Android.

Features/Capabilities:

Inventory Lab Scoutify App - Seller Spaceship

Product Scanning

Scoutify 2 is equipped with a built-in barcode scanner. It can also be paired with a Bluetooth scanning device.

Inventory Lab Scoutify App Barcode Scanner - Seller Spaceship

Amazon & FBA Profit Calculator

Allows users to check a product’s profitability just by entering the product cost.

Inventory Lab Scoutify App Profitability Calculator - Seller Spaceship

Scoutify 2 Integrated Tools

Enables users to:

  • find out how often a product sells and view its historical profit margin.

  • view key product details such as rank, category, offers, buy box, restrictions, and more.

  • get pricing data from other websites.

Inventory Lab Scoutify App History - Seller Spaceship

Buy List Creation

Enables users to keep track of products purchased, retailers/suppliers and cost. This list can be imported to Stratify to create a batch to be sent to Amazon.

Inventory Lab Scoutify App Buy List - Seller Spaceship

What We Love about It – The Pros

It’s Awesome User Interface

InventoryLab has created an excellent user interface that has made the listing process super easy. You can list your products quickly, set the ideal price, and send your goods to an Amazon warehouse in just a couple of moves. Another thing that we love about the UI is that it provides you with important information every step of the way. For example, as you list your products, you’ll see the type of packaging you’ll need and the size tier of your product so you’ll know what type of parcel you’ll need. This eliminates the possibility of getting fined by Amazon for prepping errors. Everything is simplified and the UI is optimized not only for ease of use but also for ensuring the accuracy of each process performed.

Makes Inventory Purchasing Decisions Much Easier

Stratify (Scout) and the Scoutify mobile app will make you money. These product research tools are accurate and effective, and will not only help you source the right products, but more importantly, list them on Amazon at the right price.

It Allows You to Delegate

One of the most awesome things Inventory Lab has done is to include unlimited employee accounts at no additional costs. Protecting our Amazon seller info is one of the things we prioritize, so we really love Inventory Lab’s employee feature. You can give your virtual assistant access to product sourcing tools, your accountant access to various business records, and your prep center access to create shipments and print FNSKU labels and more without having to compromise your seller info. We love this feature and so will you because delegation is a key component of a business’ ability to scale.

You Can Sync It with BQool or Informed.co Repricer Services

If you are a BQool user, with just one click of a mouse button, you can import all of your products’ buy cost from Inventory Lab directly into BQool’s Repricing Central. This saves you a lot of time because you won’t have to manually enter them any more, and when BQool imports the buy cost, setting up min and max prices in Repricing Central becomes faster and easier. On the other side, if you are an Informed.co user, you can connect your InventoryLab and Informed.co accounts to automatically sync the most current Cost/Unit amounts you’ve set for MSKUs in InventoryLab.

Its Amazing Accounting Capabilities

InventoryLab has very helpful bookkeeping tools that enable you to organize the finances of your business easily. It’s imperative to know your numbers if you want to make your business profitable. Stratify’s accounting system helps you to easily keep track of everything that’s financially related to your Amazon business which will enable you to make sound decisions for product sourcing, repricing, and services you might need to avail. It does such a good job here that you won’t need to use a separate accounting subscription like Quickbooks.

Its Robust Reporting System

Data – you need a lot of it if you are to determine the best use of your time and money. InventoryLab’s robust reporting system allows you to determine just that by showing you your business’ sweet spots and sore areas. In a couple of seconds, you can easily find out the suppliers, products, and categories that have brought you the most profit.

What We’re Not Crazy About – The Cons

Its Cost

At $69.00 a month, InventoryLab may seem a bit pricey, especially for sellers who are just starting out. Also, it’s priced a bit higher compared to alternatives such as Accelerlist ($34.00 a month).

Exclusive for Amazon US Sellers

InventoryLab only works for sellers in the US, and only supports the US marketplace. It also does not automatically account for Amazon-fulfilled orders sold on other ecommerce platforms such as eBay (multichannel fulfillment orders).

Unconfirmed Reports of Accounting Data Issues

We chanced upon a now deleted Reddit thread from 2015 in which several Redditors complained about issues with their accounting data (bugs, formatting issues etc…). From our experience though, we’ve never experienced any issues with ours, and we’ve been users for more than 5 years. Although unconfirmed, reading about these past accounting data issues was a bit unsettling.

Lack of Community for Its Users

In March 2018, InventoryLab’s Facebook support group and community was shut down, so, unfortunately, there is no longer an official online venue for InventoryLab users to network. On the bright side, InventoryLab will continue to offer support to its users via email. Also, there is a small, unofficial Facebook support group composed of 1.1K users created to continue the purpose of the support group that was shut down. Please take note though that this unofficial group is not affiliated with InventoryLab.

Our Final Take: Should You Get Inventory Lab?

YES. And we’re not just saying that because we’re InventoryLab affiliates. ????

Now is probably the best time for full disclosure:

We participate in affiliate programs to fund Seller Spaceship. Some of the links you will find in our articles are affiliate links, which means that if you purchase a product using our link, we will earn a small commision. This does not, however, come with any additional cost to you, and we guarantee that our reviews will never be based on whether we will earn a commision off a product or not. We stand by our mission to provide objective and informative reviews. That being said, if you do find our product/service review helpful and decide to purchase a product or service we review, we would really appreciate it if you use our links to do so. It will really help the Seller Spaceship team a lot in providing you with awesome content that can hopefully help your business!

Now that’s out of the way, back to our review 🙂

InventoryLab is a TRUE GAMECHANGER, especially for sellers who are looking to bring their businesses to the next level. We’ve been users for almost more than 5 years, and we are STILL finding new ways to maximize the use of this Amazon inventory management software system to improve the efficiency and profitability of our businesses. Its usefulness is simply AMAZING. We believe that its high usability can be attributed to consistent updates based on user feedback and emerging trends. This speaks volumes about their commitment to providing their end users with a tool that can keep up with the demands of a fast-paced Amazon marketplace.

For its monthly cost, InventoryLab offers immense value, Aside from being a feature-rich Amazon listing software solution that efficiently streamlines the inventory listing process, it is also a powerful product research tool that can help you easily make inventory purchasing decisions. Also, its amazing accounting and reporting capabilities gives you access to important data that will enable you to organize all your finances and make strategic business decisions. This tool is such a superb investment because it saves you valuable time, a lot of money, and allows you to scale your business up faster and easier. It’s simply a must have in your set of Amazon tools.

Nothing beats first-hand experience though, so why don’t you sign up for a 30-day trial to see how InventoryLab can help you and your business? Get a feel of its great user interface, create and send in some shipments, do some product research, and generate some business reports. It’s a great way to understand how InventoryLab can actually help you scale your business.

Is there anything you love about InventoryLab that we weren’t able to mention in the article? Is there a feature that has really helped your business that you’d like to share? Do you have more questions about this awesome inventory management tool? Post a comment and join in on the discussion. We’d love to hear from you!

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