If you are an Amazon seller who has not heard about Sellerboard, allow me to explain what it is and how it operates.
First, Sellerboard is an all-in-one tool that will assist you in expanding your company by analyzing current trends, obtaining insight into the most recent online arbitrage transactions, and optimizing your profit potential.
Sellerboard is an analytics solution for Amazon merchants that accurately evaluates anticipated earnings and margins.
Let us checkout Sellerboard in a little more detail.
Sellerboard Review 2024: What Is Sellerboard?
Sellerboard is a tool for tracking Amazon seller profits. It improves conversion rates, search engine rankings, and client satisfaction.
The reason why Jack Bosch, the founder of Sellerboard, started the company was that he had a hard time increasing his sales on Amazon.
He tried several strategies to enhance the rating of his goods, but nothing worked until he built Sellerboard!
Now, thousands of Amazon merchants worldwide use Sellerboard, and they are achieving remarkable success as a result.
Let us check out the Sellerboard dashboard. This is what you will see when you first open Sellerboard.
You can copy specific product details, talk to their live support, set filters, choose data accordingly, and download the table to your system.
Here, you will find all the product information you may need. If you click on āMore,ā you will also see additional information.
This part is for you if you are a fan of charts, like me. Set the filters and check out the charts. Hover your mouse over one of these bars to see more information.
All your monthly profit and loss information, as per your filters, will be calculated and given to you in the P&L section.
The āTrendsā section is my personal favorite. The whole row of āSales,ā āUnits,ā āOrders,ā and āPromosā are the parameters you can find information on. The more the data is, the more accurate your predictions will be.
There are a lot more sections that you can look into as well.
Sellerboard Review: Key Reasons To Choose Sellerboard
There are so many reasons to choose Sellerboard.
1. 24/7 Customer Care Service:
The live chat box is located in the bottom right corner and is accessible 24 hours a day, seven days a week. Responses will be sent as soon as feasible. Their crew prioritizes client satisfaction and strives to meet all needs.
2. Cashflow Tool:
This Sellerboard tool facilitates cash flow management. By selecting “add,” you may specify your further investment in the company, the cost of the items, dividends, and VAT. Amazon payments and expenses are automatically populated.
3. AI Hidden Costs Tracking:
Sellerboard is an expert at calculating up to seventy (70) secret Amazon commissions and fees, and it reveals this information to the seller in a clear and well-organized format.
It assists sellers in comprehending the complexities of their commercial connection with Amazon and how it operates.
This enables merchants to obtain information on each product, variant, and the price at any moment and for any time (day, week, or month).
4. Tracking Trends:
This Sellerboard feature was built to monitor the relevant KPIs and protect sellers from falling victim to negative trends.
If one of these indications exhibits a poor trend, the seller will be alerted promptly and prepared to take action (e.g., run ads, check the quality, decrease price, etc.).
You may pick KPIs (such as return rates) and periods to get a spreadsheet with the monthly performance of all of your goods.Ā Sorting the table will reveal all problematic SKUs immediately.
5. World Wide Market
Every firm eventually hits its boundaries and has a propensity to integrate and grow into new areas instead of stagnating and being trapped in one spot.
Therefore, a list of the major markets on Sellerboard may assist you in entering multiple big and impactful markets. It has extensive worldwide coverage.
6. Accessibility and Sellers-Friendly Design:
A crucial factor for those who value their time and labor. Anybody, even novices, may use Sellerboard.
No matter if you are just beginning your Amazon journey or have been doing so for years. You may follow the business’s growth in real time and using actual indications and numbers.
There is also no restriction on the size of the company since it may be modest or have millions of dollars in income, and it is simple to use and accessible for all categories of sellers.
Thousands of satisfied Amazon merchants have been using Sellerboard for many years. And if you are not among them, you may begin immediately!
You only need to select the service package that best meets your needs. What can be better than a service that meets our specified requirements and is pocket-friendly?
7. AutoResponder:
In addition to being a routine task, responding to customer messages is also common. Using AutoResponder, sellers can send Automated Messages to buyers and receive feedback and testimonials. As a consequence, satisfied consumers and less stress for the vendor.
8. Follow-up Email Campaign:
It can conduct entirely digital email follow-up campaigns. Therefore, the user only needs to specify the required parameters. This degree of automation frees up the seller’s time. It removes certain repetitive tasks, allowing them to make better decisions and concentrate on the most crucial aspects of their Amazon company.
9. Customer Lifetime Value Dashboard:
Have you ever considered how much money you earn each client throughout their lifetime? This new element of the Sellerboard has the solution.
Customer Lifetime Value (LTV) computation is based on consecutive orders. When a consumer returns and makes further purchases, your net income increases relative to the first order.
LTV is the value a client delivers to your company for the whole of their relationship’s lifecycle.
Understanding the LTV of your clients improves your ability to estimate and plan Customer Acquisition Costs.You can afford to incur more marketing expenses per unit than the first selling margin.
This additional cash may be spent on advertising, promotions, gifts, and more, increasing and growing your Amazon company.
10. PPC Optimization and Bid Automation:
The PPC dashboard on Sellerboard monitors the effectiveness of your PPC ads and optimizes them for more profit, sales, and ACOS via automated bids and keywords. Based on your profit, Sellerboard computes break-even ACOS and bid suggestions. This is an excellent option for improving your advertising strategies!
11. FBA Error Tracking:
It can monitor FBA error logs. Using Sellerboard, you no longer rely on Amazon to offer compensation and refunds.
Sellers may monitor up-to-date information in real time and even request refunds that Amazon may have overlooked.
Amazon has a solid history, although FBA mistakes are conceivable. It is preferable to be vigilant and cautious rather than regretful.
12. Compatible With Multiple Devices:
One of the primary distinctions between Sellerboard and other comparable services is that Sellerboard is compatible with all types of devices. Whether you utilize a laptop, mobile device, or tablet, you can monitor your internet company on the road.
13. Demo Version:
It does not matter whether you are simply planning to join the Amazon industry and are researching useful tools or if you are an experienced seller.
There is no need for a registered account or genuine Amazon seller status to comprehend how Sellerboard functions.
First, you may use the “Demo” mode to test Sellerboard, familiarize yourself with it, and determine whether it is the ideal Amazon seller analytics solution.
14. Interactive Live Dashboard:
This handy dashboard displays your Amazon fees (e.g., FBA charges, commissions), PPC ad spend, return and refund expenses, marketing costs, and fixed costs.
Pros and Cons of Sellerboard
Pros
Affordable pricing plans for various business sizes
Customizable reports for tailored data analysis
User-friendly interface, ideal for beginners
Detailed profit tracking with real-time updates
Inventory management with low-stock alerts
Automated refunds for lost or damaged inventory
Comprehensive listing change alerts
Cons
Limited free trial duration
Slight learning curve for new users
PPC optimization insights may not be as detailed as dedicated PPC tools
FAQs
š ļø How does Sellerboard calculate profits?
Sellerboard calculates profits by factoring in product costs, Amazon fees, PPC expenses, shipping costs, taxes, and other related costs. This provides a real-time overview of your net profit.
š Does Sellerboard support multiple Amazon marketplaces?
Yes, Sellerboard supports multiple Amazon marketplaces, allowing you to manage sales data across various countries from a single dashboard.
š Is Sellerboard suitable for beginners?
Absolutely! Sellerboard's user-friendly interface is ideal for beginners, though there might be a slight learning curve for those unfamiliar with profit analytics.
š° Can I get a refund for lost inventory through Sellerboard?
Yes, Sellerboard identifies cases of lost or damaged inventory and automates the refund request process from Amazon, potentially saving you money.
ā³ Does Sellerboard offer a free trial?
Yes, Sellerboard offers a free trial, though it might be limited in time. This allows you to explore the platform's features before committing to a subscription.
š How does Sellerboard help with PPC optimization?
Sellerboard provides insights into the performance of your Amazon PPC campaigns, highlighting profitable keywords and ads to help optimize your ad spend effectively.
Sellerboard provides a great deal of information and data at your fingertips. There are also a few entertaining tools that I did not discuss in this article, such as Cash FlowĀ forecasting and other interesting reports.
As with any feature-rich platform, utilizing your Amazon account is the best way to explore Sellerboard.
When you add information such as the Cost of Goods and certain monthly expenditures and see how that affects overall profitability, you may see opportunities to reduce expenses and increase earnings.
Sellerboard provides a 30-day trial period (no credit card required). For the community of The Selling Family, though, the trial period has been kindly quadrupled.
You can try Sellerboard out for sixty days by joining. At only $15 per month, the price is incredibly competitive (and lower than most similar services).
Setting up Sellerboard is a breeze after creating an account. As with any third-party service, MWS access requires a professional selling account. This enables Sellerboard to access your Amazon sales records and other data.
Video lessons are inside the Sellerboard if you want to learn more about a specific function. Try Sellerboard to see whether it may assist you with operating a more lucrative business, and let me know how it goes.
Jitendra Vaswani is the founder of SchemaNinja, a WordPress Plugin, and he is also the founder of multi-award-winning blog, BloggersIdeas.com, along with Digiexe.com, and Megablogging. He is a successful online marketer & award-winning digital marketing consultant. He has been featured on HuffingtonPost, BusinessWorld, YourStory, Payoneer, Lifehacker & other leading publications as a successful blogger & digital marketer.