Although we started out our Amazon business with very minimal tools (read: basically nothing except $100 and a lot of hustle), once we started growing, we realised that the right subscriptions could make all the difference in our profit and business growth. You know it, and we know it—starting a business is challenging and time consuming, however, there are tools out there to not only help you become more efficient, but will also help you scale and grow your business. Note: All of these recommendations are assuming you already have a professional Amazon Seller account.
Our goal is to help smooth the way for you so you can skip a few of the bumps that happen for Amazon FBA sellers. Here are our recommended subscriptions that we use to run our Amazon business. These are tried and true programs that we use ourselves to keep things running smoothly.
Inventory Lab
If you’ve been around Amazon selling and FBA sites, you’ve surely heard of Inventory Lab. This listing software tool has quickly gained a solid following because it’s proved itself over and over again as a tool that truly serves sellers, saving time and maximizing profits. We love it. When people have a limited budget but are ready to start investing in time-saving subscriptions, we recommend Inventory Lab along with Keepa (read below) as the first tools to invest in because it is such a huge time saver!
This listing software integrates with the Amazon Pro Seller subscription account, and it also includes the mobile sourcing app of Scoutify 2 with your subscription. Scoutify 2 is our preferred scanning app while sourcing in stores, as the data is much cleaner to look at, and it integrates Keepa, allows you to quickly apply to get ungated, and shows you your selling history of the item you are scanning (see more information below).
Inventory Lab streamlines inventory listing, offers useful reports, makes printing labels a breeze, and ensures a more streamlined packing process. While your business can opt to use the free listing process through Seller Central, it is not as efficient. With a quick desktop barcode scanner or by typing in the UPC, each new item can be pulled into the Inventory Lab listing system where it shows FBA, Merchant, new, and used prices. The program outlines the item’s ranking, category, and prep needed. You can also input additional information that can be generated into future reports.
Inventory Lab reports reveal your profit and loss, profitability of your inventory, and sales tax. You can keep track of inventory from different suppliers, check store profitability, and analyze entire categories of your inventory. This is incredibly helpful during tax time, where you can print out the relevant reports for your accountant.These reports have also helped us greatly as we can analyze which stores, categories, etc., are the most profitable.
Inventory Lab Price (includes Scoutify 2): $40-$49 per month
Get started with Inventory Lab today : bit.ly/HustleIL
If you are more of a visual learner, check out this video on the benefits of Inventory Lab:
Scoutify 2
Scoutify has made sourcing for product so much easier because it uses your phone to scan the barcode of an item, and then you can quickly make a decision of whether it’s a good buy or not. Scoutify shows the item’s stock, potential profit, ROI, sales rank, and so much more. This app has helped us a ton, and it has also helped as we’ve trained other people to search for inventory.
Scoutify can be used on multiple devices at a time (so, you can have one login and both you and your partner can use it at the same time), and it has so many useful features. Obviously, the main ones to use includes its quick scanning, the accurate ROI, and profit, but once you begin using Scoutify, you may find other features that will work well for your business. As we mentioned above, it integrates Keepa, and also offers a quick way to apply to get ungated. No more trying to fumble around with multiple browsers on your phone!
The Amazon seller app does scan items, however there are a lot of “gaps” in information that could lead to bad buys. Scoutify 2 helps you get the whole picture of what you are buying. A few of the features that set Scoutify 2 apart are its detailed search results, in-app restrictions notification, and one-click research. No longer do you have to make guesses about product, whether it has the right ROI, rank, or if it’s restricted. This is a game changer! Scoutify 2 also allows you to directly access Keepa and other research tools while scanning. It’s a time saver!
Scoutify Price: it’s included with Inventory Lab!
Get started with Scoutify today: bit.ly/HustleIL
Keepa
Deal hunters rejoice. Along with Inventory Lab, we believe Keepa is the most crucial tool when growing your Amazon FBA business. It’s usually the first tool we recommend to sellers who are ready to start investing in subscriptions. Keepa offers loads of data on the history of products from sales to stock. This tool gathers pricing information across Amazon marketplaces in multiple countries while offering price tracking for millions of products. It features deals, tracking, and product data.
Through extensive filter options, including categories such as new, refurbished, used, collectible, pricing, discount ranges, and more, it’s easy to keep an eye on specific products. Keepa allows you to set alerts too. With all of this data, Keepa allows users to explore inventory with its features of product finder, product viewer, best seller lists, top seller lists, category tree, and its Keepa API.
Note: The Keepa API offers downloadable information about products, which can be very helpful as you scout new markets or products.
One of the most useful features in our opinion is the price graph and sales history that comes under every product. Like any new tool, Keepa can seem overwhelming at first with its colorful graphs, but you will quickly catch on in how to use these to benefit your Amazon business. The amount of information offered on product pricing can reveal the best times to buy, sell, or resell. There is a free version, however that only shows the price history. The paid version unlocks sales rank, buy box history, review history, and more.
Keepa Price: €15 euros/ $16.50 per month
Create your Keepa account today: https://bit.ly/HBKeepa
Nate did a helpful video diving deeper into the benefits of Keepa!
Amazon Repricers
A big key to success for any Amazon business is a good repricing tool. While it’s possible for you to maintain your inventory yourself , altering prices as needed, it’s an extremely time-consuming task as your inventory grows. Every seller is competing for the Amazon buy box, which is where most consumers buy from. If your product is in the buy box, hello profit!
Note: If you are just starting out and have a small amount of inventory, wait to get this product, but still read on so you can make an informed decision later on!
We have two repricers we highly recommend: Aura and Seller Snap
Aura
We love Aura because it’s the perfect tool for sellers who are just getting to that size where manual repricing is just not cutting it. Aura integrates with Inventory Lab, and its default repricing strategies can boost your sales and profits without too much fiddling. However, once you start to get the hang of the system, you can begin to explore your repricing strategies.
Aura allows you to quickly define competitors, keep track of key metrics, and determine the best repricing strategies for your Amazon inventory. With its use of Artificial Intelligence, Aura is quick to reprice and learn your inventory as well as the corresponding market. You can watch our interview and how-to video with one of Aura’s founders here: https://www.youtube.com/watch?v=ntjJB_QA7cA
Aura Price: $97/month or $77/month (if charged annually)
Create your Aura account today: http://bit.ly/HB-Aura
Seller Snap
So your Amazon business has exploded, and it’s bigger than ever. This is when Seller Snap comes in as the perfect repricer tool. To be straight up with you, we believe Seller Snap is best for a large Amazon seller business, so if your business is still on the smaller side, we suggest using Aura due to Seller Snaps price. However, if you are a medium or large seller, Seller Snap will easily pay for itself.
Seller Snap is based off of a “Game Theory” for its repricing, which means that it easily outperforms rule-based and algorithmic strategies. It also can help to move out old inventory in a way that other repricers are not able to do. Beyond that the AI repricing and customizable strategies allows Seller Snap to give your inventory an advantage without creating a bidding war. It strategizes how to adjust pricing to maximize your profit and revenue.
Over and over, we’ve been impressed by the customer care that Seller Snap staff offered. They consistently checked in our business and helped us learn how to maximize the different features.
Seller Snap Price: $500/month – $800/month
Create your Seller Snap account today: https://sellersnap.io?afmc=1n
Tactical Arbitrage
Are you always on the hunt for online products to resell? Yes, so are we, and we think that Tactical Arbitrage is one of the best tools for online arbitrage. It allows Amazon FBA sellers to quickly discover Amazon product leads online.
Tactical Arbitrage makes it easy to peruse over 800 third-party websites to find products to buy cheaply and sell for a profit on Amazon. If there’s a site that you want to include in your search that isn’t already covered by Tactical Arbitrage, you can hire a programmer to integrate other sites into your dashboard so you can keep an eye out for certain products from wholesale suppliers.
Not only does this Amazon business tool offer filters for searches, intelligent algorithms, global cache searches, and corresponding alerts, it also can continually run searches, search for out-of-stock products, seek retail arbitrage opportunities, stack discounts, and so much more. This highly adaptable online tool is sometimes only limited by you.
Tactical Arbitrage Price: $40/month – $90/month
Create your Tactical Arbitrage account today: https://tacticalarbitrage.com/?frnd=167
Seller Locker
Part of having an Amazon FBA seller business is dealing with lost inventory or customers who don’t return the inventory, and it’s a hassle. Seller Locker keeps track of your inventory, watches changing fulfillment fees, and automates creating cases. We think it’s pretty solid.
Once you grant Seller Locker access to your Amazon account, this web-based software quickly begins tracking your inventory. It watches for damaged and lost inventory while also keeping an eye on shipping discrepancies. The best part is if it detects an issue with your inventory, it will check if Amazon has reimbursed you and if it hasn’t then they’ll notify you to take action.
Seller Locker works well for Private Label and Retail Arbitrage sellers. It’s fast and easy, including tutorials and explanation videos. The best part is that the software can find money-saving or reimbursement opportunities for you and handles them, which saves you time and gains your money back.
Seller Locker Price: 25% of successful reimbursements (so worth it)
Create your Seller Locker account today: https://www.sellerlocker.com?fp_ref=hustlebuddies
Our goal is to always shoot straight with you, speaking from our own experience, so you can grow your Amazon FBA business faster and smarter. These are tools that we ourselves continue to use and love. If you haven’t joined our Hustle Buddies community yet or you’re seeking one-on-one coaching, hop over to our supportive Facebook community at: https://www.facebook.com/groups/HustleBuddies/! We look forward to seeing you there!!
