Contents
Introduction
Amazon selling is a dog eat dog world – you need to get ahead of the competition. Since Amazon’s UK launch in 2002, it has become one of the world’s largest marketplaces. It now offers entrepreneurs the opportunity to grow their business online and generate some high-level income.
For all new businesses, getting started can be overwhelming. In case you are serious about selling and making money, it can be worth hiring an Amazon agency https://nuoptima.com to help get the strategies in place to get your company to where you want it to be. For those not yet in the position to hire an agent, you will need to streamline your operations. Here are the best online tools to help you get ahead of the Amazon selling competition.
Accounting Tools
Perhaps not the most exciting point to start, but keeping your books organised is essential for running a business.
- QuickBooks Online – QuickBooks is one of the best-known accounting software tools in the UK. The cloud-based software can look after the financial needs of small and mid-sized businesses, so it is a useful tool that can grow with you. You can manage your payroll, sales, expenses, tax filing and much more from this one online system.
- Xero – This is an excellent alternative to Quickbooks for Amazon sellers. Xero is a cloud-based software that can manage invoicing, purchasing, bookkeeping, expenses and much more. It is perhaps better suited to small businesses, and it would not hurt to hire an account to make sure nothing is missed.
- A2X for Amazon – A2X is a nifty tool for Amazon which categorises all transactions. It also integrates with both Quickbooks and Xero so you can have a summary within your central accounting software that matches your Amazon settlement payouts.
Bulk Amazon Listing Tools
Listing products on Amazon can be really time-consuming, but luckily online tools take the work out of the bulk listing.
- AccelerList – AccelerList is perhaps one of Amazon’s fastest product listing software available on the market. It allows sellers to list hundreds of products in a matter of minutes using one of its two workflows (speed or precision).
- ScanLister – Unlike the cloud-based tools, ScanLister is a desktop application. It has been designed specifically for Amazon to help sellers with bulk listings. The tool facilitates Amazon listing, labelling and shipping for over a hundred items per hour.
- Listtee – Yet another bulk listing tool with Amazon sellers at the centre, Listtee is a straightforward listing software that helps sellers save time listing, adding and restocking items. It also has the added bonus of connecting to every UK Amazon warehouse, which is handy if you are part of the Fulfilment by Amazon (FBA) programme.
Business Analytics for Amazon
Knowing how your business is performing on Amazon is key to making strategic decisions. Here are some helpful business analysis tools to provide greater insight into what is and isn’t working.
- Algopix – Algopix has an Amazon UK product research tool that automatically calculates the projected profit for a product you are searching for. It considers the purchase price you previously provided and the expenses connected with selling the product on Amazon UK. This is invaluable data for new Amazon sellers.
- Manage by Stats – If you want to instantly see how much profit you are making on Amazon, Manage by Stats is the tool for you. You simply enter your product costs and will be able to see your sales, profit, ROI, margins, promotion performance, and much more – all in real-time.
- Helloprofit – The analysis tool known as Helloprofit is made up of six powerful features that aim to help you examine seller data. It will help you make data lead decisions about your Amazon business.
Customer Reviews
One of the most important parts of ranking well on the Amazon search results is to have good customer reviews and lots of them. Here are the tools which can help you collect reviews.
- FeedbackFive – Tens of thousands of Amazon sellers trust this customer feedback tool. FeedbackFive automatically follows up with every buyer with a polite request for feedback and reviews on your behalf. This online tool can also analyse the data to get a complete outlook of your seller’s reputation on Amazon.
- AMZDiscover – AMZDiscover is an online search engine that can help you discover reviewers and potential customers. It works by entering the URL of a product listing and clicking the search button. You will then see all the reviewers listed with their name, reviewer ranking, and other helpful information.
- AMZFinder – Another automated feedback request tool, AMZFinder helps you gather and manage your Amazon product reviews. With AMZFinder, you can proactively improve your store’s credibility and customer ratings.
Don’t Forget Other Marketplaces
Although you may be focused on being a successful Amazon seller, it is good to sell on multiple channels. The other marketplaces can also be great for product research as you may find a gap in the Amazon market.
- eBay – eBay is a well-known marketplace, famous for its auctions and consumer to consumer sales. Over the years, people have managed to make a living on the selling platform and eCommerce businesses now choose to sell on eBay.
- Etsy – If you sell handmade or vintage items, Etsy is a great option. The marketplace is packed full of artisan sellers, making it very competitive and hard to stand out.
- Shopify – Perhaps not the most simple eCommerce platform, Shopify offers the complete package to enable you to start a business, grow, and manage your business online. You are able to sell via multiple channels with Shopify – including web, mobile, social media, online marketplaces, and brick-and-mortar locations.
The Takeaway
Choosing some Amazon seller tools will help you stay ahead of the competition, but subscriptions can start to add up. Make a price comparison between the costs of the tools vs hiring an Amazon agent. You might find an Amazon agency works out more cost-effective than multiple online tools, which you will still need to manage.