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Sellerboard Unveils Analytics Software Tools to Help Amazon Sellers Optimize Their Profits

STUTTGART, GERMANY / ACCESSWIRE / February 10, 2023 / Sellerboard has unveiled a suite of software analytics tools for Amazon sellers that can help them to optimize their profits and inventory. Sellerboard is a platform that specializes in providing Amazon sellers with real-time data and analytics that gives them a clear insight into all the numbers and costs related to their business for a nominal amount. With dashboards and features like trends, PPC automation, inventory management, and "request a review", Sellerboard can prove to be of invaluable help to Amazon sellers.

Third-party sellers account for 60% of all retail sales on Amazon, which is the leading e-commerce company worldwide. While sellers on Amazon have access to a huge pool of potential customers due to the firm's brand value, this does not mean that all of them are making money. Even if a seller might sell a huge volume of products, he could be at a significant loss if he is making even a small loss on each item. This is why sellers need to keep a close eye on their costs, margins, and profit to make appropriate changes in the pricing, inventory, sourcing, and shipping methods.

Said Vladi Gordon, CEO of Sellerboard, "Our platform informs sellers of how healthy their business on Amazon is. It clearly identifies which products are profitable and which are not. We have specialized modules for for-profit analytics. This means that you can use our API (Application Programming Interface) to pull data from Amazon. Users also have the option to enter the data manually. We compile this data into a report that is easy to understand and explains at one glance the cost of goods sold and the overall profitability of the business. We automate many processes like requesting a review and pay-per-click (PPC) analytics to save time and money for our users. The key benefit that we provide to our users is that they get to make data-driven decisions instead of just going with their gut feeling or relying on data that is incomplete or out of date."

While the products of sellers can pop up organically in buyer searches, pay-per-click campaigns can also be set up to improve performance in search results. Selling on Amazon is a very competitive market and bids need to be adjusted regularly depending on the demand for individual products and the proposed budget set aside for advertising. PPC automation makes adjustments to bids automatically based on preset rules. Another interesting tool is the "review request automation module" where buyers automatically receive emails requesting reviews.

Concluded Vladi, "Profit calculation while extremely important can also be highly complicated. We calculate the cost of goods sold accurately. Factors that add to the complexity include a large number of products, different costs for the same product due to variations in shipping and sourcing, and allowing for losses due to returns. Our key advantage over competitors is that we offer accuracy in profit calculations. We also give the option to put in costs not related to Amazon including overhead costs and advertising costs. We offer an alerts feature to alert you regarding any changes in the listings. The request review automation tool can be used to send as many as 150 emails and is handy for increasing your credibility. Amazon sellers can opt for a free trial lasting for one month without giving any payment details and the cost of our starter pack starts from only $15 a month. For a nominal amount, we offer features that can help Amazon sellers take their profitability to the next level.

About Sellerboard

Sellerboard is an online platform that makes it possible for Amazon sellers to optimize their profits with the tools they need to automate several functions like review requests, inventory control, and profit calculation.

Media contact:

Name: Vladi Gordon

Email: Hello@sellerboard.com

SOURCE: Sellerboard

View source version on accesswire.com: