When you become an Amazon FBA seller, you need to find the products that will sell very well. But before you jump in and invest in the products, you need to know if they will make you a profit when you start selling them as well. A good way to tell, other than using an FBA Amazon calculator, is to use an Amazon sales estimator.
An Amazon sales estimator is a tool that tells you how many units of a particular product you are most likely to sell. It looks at the Amazon sales rank and the historical data of the product to come up with the estimated sales volume. With Amazon being a highly-competitive marketplace, this is important data to know.
Now that you know what an Amazon sales estimation is, there are a few reasons why you would want to use one. As mentioned earlier, estimated sales give you a good indication if there are profits to be made in the market in regards to a particular product. Besides that, here are other reasons an Amazon sales estimator is important:
There is no shortage of sales estimator Amazon that you can choose from. But if you want the most accurate date, here are three of the best options you can choose from:
Jungle Scout has a free sales estimator that you can use to get a projection of your monthly sales. And the tool is quite easy to use as well. All you have to do is enter the product’s Amazon sales rank (also knows as the Best Seller Rank or BSR), choose the marketplace and product category and then click on “Calculate sales.”
Once you like the sales estimate you see, you can look into the product a little more. Jungle scout has a web app and Chrome extensions for this. Just keep in mind that these two other Jungle Scout tools aren’t free.
Helium 10 has earned a reputation from providing the most accurate Amazon data and exceptional keyword tools. Helium 10’s solutions are built to truly help FBA sellers succeed in the marketplace by increasing sales and one-upping the competition. One of its solutions is called Xray , which is a free Chrome extension for product research.
You will need to create a free Helium 10 account in order to use the extension. Once you do that and install the extension, you will have a wealth of information at your figure tips. This includes a lot of things, such as the name of the sellers, FBA fees, BSR, ratings and reviews, as well as the estimated sales and revenue.
AMZScout is similar to Jungle Scout in the way it helps Amazon FBA sellers find and research profitable products. Of course, to have access to its database of products, you would have to pay. Thankfully, it’s Amazon sales estimator can be used free of charge if all you want is to just see the estimated sales volume.
And using it is easy too. Once you head on over to the sales estimator , you just pick the category, enter the BSR and hit “CALCULATE SALES”. The results will be given to you almost instantly.
At the end of the day, being a successful Amazon FBA seller is all about picking the right product. The right product is one that will most likely bring you a profit after all things have been considered. By knowing the estimated sales, you can offset that with costs and determine if it is worth it. This requires an Amazon sales estimator, and you have been given three great options to choose from.