Inventory Lab Review Is It Worth Your While?

sellerboard vs inventory lab

With intelligent repricing software like BQool, you can set complex pricing rules and this can make a huge difference to your profits. You can also choose which sellers to compete the ultimate guide to pricing strategies with and change pricing only when you need to. So whether you need software tools for online arbitrage, retail arbitrage, or private label research, we’ve got you covered.

  • The Lifetime Value (LTV) is the revenue that an average customer will generate throughout their lifetime as a customer.
  • Eight days later I still have nothing, so I contact them again to let them know.
  • Also, it screens your costs, inbound delivery, repayments profit, quantifiable profit, and much more.
  • With his articles to get a very good insight about the topic, he writes about.
  • The Stock tab will allocate a label to each product, which tells you whether stock is low and when it’s time to place another order.
  • By having this type of information, it becomes easier to reprice and track your suppliers once you start adjusting your strategy later on.

It’s mainly based around replenishables, which I don’t have on this account. According to some users, AccerList is more intuitive than Inventory Lab when it comes to listing items online. However, Inventory Lab does have more reporting and accounting-related features; this, of course, is a big plus. If we compare this software to Sellerboard, we can say that they are somewhat similar. They share some of their features, such as the dashboard, trends, and profit and sales view.

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This is really good for tracking your own pricing, as you can effectively sit out for a while until the under-cutters sell out, and then you will eventually be the lowest price. You can use this report to track FBA fee changes and open a seller support ticket with a request to remeasure the product if wrong FBA fees were applied. The trends section provides you with a monthly breakdown of your item sales.

sellerboard vs inventory lab

You can also receive notifications when it’s time to send more products to the FBA warehouse. If you are looking for a comprehensive tool with robust inventory management features and a focus on shipment creation and label printing, Inventory Lab may be the better choice for you. On the other hand, if you value accurate profit analytics, detailed advertising insights, and a competitive pricing structure, Sellerboard may be the preferred option. Inventory Lab offers comprehensive reporting covering sales, reimbursements, profits, and losses, allowing thorough monitoring of your store’s finances and performance. BQool Repricer helps you to win the Buy Box, which will mean more sales.

Use the Buy List to Upload Items to Inventory Lab

With Online Arbitrage Deals (OAD) you will get a team of Virtual Assistants who find you the most profitable products from online stores every day. The AMZScout extension enables you to search for profitable products, analyze suppliers, and track competitors’ keywords, sales, rank, pricing, and stock. It’s not a bad thing in the long run, as it means cheaper cost per month. This one I have provided, will alert you when the number of sellers on a listing change.

sellerboard vs inventory lab

That way, you simply need to copy and paste the data if you want to open a case with Seller Central. Even if you’re an RA seller, staying on top of your stock is never a bad thing. Sellerboard is one of the best tools for monitoring your inventory levels. Here’s how your business can benefit from some of their features.

The Best Amazon FBA Selling Tools

Accessing it allows you to monitor your stock, notifies you when you need to refill your inventory, and tells you when a new order is due. To make sure you keep track of your inventory and get notified, you just need to enter the production and shipping time per each product. Most sellers use features like this to ask customers to leave a review for products they have recently purchased. Not only am I showing that their opinion matters but I am ensuring new customers are met with positive reviews to convince them to Add to Cart.

Once your RA sourcing is complete, email the file and use it to upload the items to Inventory Lab in one go. With the help of the Scoutify app, it’s possible to print a label and attach it to an item as soon as you list it. Having access to these reports makes all the difference, to succeed at the highest level you’ll need to be able to monitor and track your KPI’s. In the first instance, you can click the Demo button on Sellerboard’s homepage. This takes you to a view of the Sellerboard dashboard (as shown in all our screenshots).

My Amazon FBA Tools

While Sellerboard tracks most of this data automatically, you will need to enter the cost of your goods and any fixed expenses manually. The Expenses tab is where you can add in any ad hoc and monthly expenses. The Cashflow tab is where you can enter any additional investment in the business. If you prefer to try before you buy, Inventory Lab offers a 30-day free trial, with access to all their features. Comprehensive reports are also available, ensuring you know which products and suppliers are the most profitable. From a strategic point of view, having this information can save you a lot of time and money.

How Do I Use Helium 10 Review Insights? Step-By…

However, this time you will see more colourful options inside of the tables. The Cashflow tool provides you with the means to oversee your cash flow dynamics. Using the “add” button, you can input supplementary investments in your business, expenditures for goods, dividends, and VAT.

Sellerboard Alternatives

Of course you can use it at any level, but the majority of sellers doing more than 3,000 orders per month are already committed to whatever software they chose in the beginning. Sellerboard provides excellent customer support alongside flexible pricing plans. Users across all four plans have direct access to the support team via email or live chat, with responses typically within 12 hours, often as quick as 20 minutes. Get automatic alerts based on your recent sales data (3, 7, and 30 days) to notify you when it’s time to restock your FBA inventory or place new orders with your suppliers.

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