As we all know, selling on the Amazon marketplace as a merchant filled or a FBA vendor is very complicated process. It requires a multitude of different pieces of puzzles that have to fit together perfectly to create a profitable selling machine. The process starts from product research to custom clearance in the US and finally getting your shipment dropped off at FBA warehouse.
Human resources are full of liabilities and costly, therefore all sellers who plan to scale should have an arsenal of weapons and tools to make decisions or automate processes. We have talked to multiple large volume sellers and brand new entrepreneurs on the Amazon platform, and it is agreed between both new and seasoned sellers that the app Jungle Scout is a must have software to start and build your Amazon kingdom.
JUNGLE SCOUT – ONE TOOL TO RULE THEM ALL!
The mother of entry tools, before we start ordering, manufacturing, packaging, inspecting and shipping the finished product to a Amazon FBA warehouse. This is the tool we need to give us a clearer picture of a sales number of a particular ASIN. This can enable us to make a smarter business decision based on hard cold numbers, especially when Amazon is known to be very restrictive with all of their data.
The numbers that Jungle Scout provides are only estimates. From our past experiences, sales numbers have been very accurate to a 10-15% difference. It’s not perfect but it can definitely shed a bit more insight on your product selection process.
The creator of Jungle Scout is a popular fellow by the name of Greg Mercer, he is a 6 figure Amazon third party vendor and the creator of multiple tools targeted at the Amazon.com platform as described by his Linkedin profile
“I’m the Founder of Jungle Scout, Review Kick, Fetcher, and also have my hand in a few other cool startups. I have one common mission between these companies: empower companies and individuals to be successful Amazon sellers.”
It is also worth nothing that Greg launched a charity case study of how to launch a private label product on Amazon. The proceeds from that private label product will be donated to a non profit. It was all started from using the Jungle Scout software and Greg basically taught you each step of building a private label product. Claimed sales is to be in the range of $15K to 20K USD, and over half is donated to the non-profit Doctors Without Borders. Greg also has a few other software’s which work together with Jungle Scout.
Here’s is a nice Jungle Scout screenshot of an all time American favorite – The Apple iPhone 6
There are a few different categories here, but we have highlighted the category that most interesting – Estimated Revenue.
Yes that’s right, Amazon sells a half a million dollars worth of iPhone 6’s per month.
The screenshot shows data from September 2016 and the estimated revenue figure can vary from day to day. The algorithm is calculated by sales rank, sales price and estimated sales to get a estimated revenue. We really don’t know how long Amazon will allow Jungle Scout to operate, so if you are serious about selling on Amazon. This tool is a must have resource for you and your team.
As of today, Jungle Scout is available in 2 versions. One version is a budget chrome extension (One-time fee). The second version is a paid premium version web based CMS with premium features. Both are useful and easy to use!
The tool is great for a variety of solutions. The software can be used for but not limited to
- Find out exactly how much Amazon sales in certain niche market really has
- Spy on competitor listings and know their revenue numbers
- Data mining to find out which are saturated or un-saturated niches
- Easily find the industry leaders and top sellers on any niche
- Amazon Marketplace market research on similar products and variants
Overall, the tool is useful and even if your budget it limited, you should still purchase the One-time LITE version. Don’t be lost on your Amazon journey, let Jungle Scout hook you up and help you find your niche.
Disclaimer – We test each product and research with other users of the product thoroughly and only give our honest opinion, Jungle Scout is no doubt a premium product that delivers value, therefore we have no problem placing an affiliate link in our product review.
PL Concentrated
Let us know if this worked for you beneath in comments.!