How do I monitor Amazon pricing and what sales tracker tool can you recommend?
Nowadays, the modern world of Web Retailing is mainly revolving around drop-shipping ecommerce business. Most of the sellers are now free to get their product offers listed even without running their own online stores. But too often novice entrepreneurs are failing to get off the ground, mainly due to the lack of competitive insight direly needed particularly through the earliest post-start-up periods of their projects. And such a famous and crowded online marketplace as Amazon isn’t an exception to this really unpleasant rule. So, below I’m going to show you guys a good selection of specially tailored Amazon sales tracker tools and some other types of helpful software which can become the best fit for starting your own successful drop-shipping business.
CamelCamelCamel
Sounds absolutely crazy, I should admit. But this Amazon sales tracker tool is a very useful online helper, mainly when it comes to pricing. CamelCamelCamel can send you customized alerts (either via email, or Twitter) on any price fluctuations you need to keep on track, for example when the price of a product you’re currently monitoring starts climbing, or vice versa, when it’s suddenly pulled down. Covering over 18 million products on Amazon, this sales tracker tool can also offer you the actual history shown by way of usable price charts. You might as well try its Web browser extension to benefit from a much more convenient process of tracking prices.
Keepa
The second featured Amazon sales tracker tool which is also focused more on pricing, Keepa offers international support that covers in-depth pricing statistics across 11 different countries. As for me, it can become your perfect option when it comes to viewing price history graphs, alerting on current availability and changes in pricing, comparing any price tags and checking the most recent deals on Amazon. This framework speaks for itself, so it’s worth using or at least having a try.
SellerLogic
SellerLogic is also a great thing to be reasonably added to your Amazon sales tracker toolkit. Considering that too often even expert marketers may overlook the core marketing components in product pricing. When it comes to indicating a healthy margin, to be more precise. Taken in general, this framework makes it possible to optimize your pricing under four different approaches – Buy Box (price estimate expected to drive your product to the aspired Buy Box position), Position (value needed to find your product placed in the search results with a specific position), Sales (price average optimal to maximize your net sales), Match (the same price matching your opponents). Of course, there are many other approaches to pricing on Amazon, as well as myriads of other different software tools dealing with keyword research, competitive analysis, listing optimization, etc. Most of them are available in open access, so don't limit yourself with Amazon pricing solely – move on and keep exploring better opportunities over there.
Post a comment
