If you’re an Amazon seller, then you know that it’s important to track your profits and costs. SellerBoard is an easy way to do just that.
Sellerboard is the perfect tool for Amazon sellers who want to increase their profits. Their profit analytics help sellers make data-driven decisions that will improve their business.
They provide detailed insights into your sales, expenses, and inventory to make the most of your time and resources.
With Sellerboard, you can rest assured knowing that you have all the data you need to make informed decisions about your business.
In this article, we will check out Sellerboard Review in more detail.
Sellerboard Review 2023: What Is SellerBoard?
SellerBoard is an easy way for Amazon sellers to analyze their Amazon profits and costs. Through analysis software, you can find out how to increase your profit and save time at the same time.
You can track all PPC costs, FBA ratings, return shipping costs, and advertising costs in the Sellerboard’s live dashboard. There is also a mobile app for SellerBoard.
Sellerboard is implemented cleanly. The UI is just beautiful! It breaks down all the numbers and costs associated with your Amazon FBA business.
Inventory planning can also be done with it. SellerBoard is a great tool! I highly recommend it! Take a look at it for free and see if it works for you!
What You Need To Know Before Buying An Amazon Profit Analytics Tool
- How much does it cost and is it worth it?
- Are you likely to increase your Amazon sales as a result?
- Can I try it for free or get a refund?
How Does Sellboard Work?
The profit analytics tools offered by Sellerboard are targeted at providing actionable advice to Amazon sellers based on seller insights, data, and myriad in-house calculations.
In order to improve sales and profit, various metrics are collected, including conversion rates, search engine rankings, seller feedback, and product rankings.
The system then uses the seller’s data to provide recommendations on how to increase sales and profits.
For instance, if seller feedback is low and the seller’s product rankings are declining over time, Sellerboard will recommend that the seller request feedback more frequently or enhance their listings.
The software is compatible with Amazon US and UK sellers.
It assists all Amazon business types, including:
- private label
- wholesale
- retail arbitrage
What Sellerboard Does Do For Sellers?
- Convert more Amazon sellers.
- Increase product rankings and reviews by identifying seller feedback opportunities.
- Enhance your Amazon search results by finding top-converting keywords.
- Increase in feedback from sellers
- Improving product rankings requires optimizing seller data.
Sellerboard Review: Pros & Cons
Here are some of the pros & cons of Sellerboard:
Pros
- By analyzing seller data and calculating in-house, it provides actionable recommendations.
- You can try out the software for free before buying it, which is really helpful.
- Identify opportunities such as conversion rates, rank positions on SERPs, and product rankings.
- The software is used by thousands of Amazon sellers worldwide.
Cons
- You must be sure that it will increase your Amazon sales before signing up for an annual subscription because there is no money-back guarantee.
- Before actually paying for Sellerboard, try out the free trial first to see if it’s worth it for you as the pricing is little on the higher side.
- As it only works with Amazon, you will need to find another profit analytics tool if you are selling on eBay, Shopify, or Etsy.
- Sellers who are new to Amazon may find it difficult to use.
Sellerboard Features
Here are some of the best features of Sellerboard explained below:
1. Product Insights:
Sellers may utilize Sellerboard’s product insights feature to increase sales. The scientific procedure uses internal calculations, seller data, and other seller metrics such as feedback, reviews, etc.
By using Sellerboard’s product insights, you’ll be able to detect problems in your listings and make the required improvements.
2. Sales Tracker:
Over many dates, the Sellerboard sales tracker allows you to watch the number of units sold, the amount of income produced, and the profit obtained from Amazon items.
This is tremendously helpful for Amazon sellers who want to witness steady gains in their company, allowing them to take action and make modifications before it’s too late.
3. Rank Tracker:
Sellerboard’s rank tracking is a nice feature. It enables you to monitor and track your ranking positions.
It allows you to see the effects of changes to seller performance, seller ratings, and listings on seller rankings. This will enable vendors to watch Amazon’s pricing swings.
4. Seller Insights:
Amazon merchants get data-driven suggestions from Sellerboard’s seller insights.
It offers ideas for enhancing seller feedback, conversion rates, product ratings, and seller rankings, among other things.
5. Live Dashboard:
The Sellerboard live dashboard is the major interface of the program and offers an overview of the performance of your Amazon company.
It may be adjusted to show the information you want to view, allowing you access to all essential data for seller feedback and conveniently tracking sales and seller ratings, among other features.
Sellerboard: Benefits
Here are some of the key benefits of using Sellerboard:
1. Profitability Analytics Dashboard
There is no doubt that Sellerboard’s Profitability Analytics Dashboard is its most powerful feature. By tracking lots of data, Sellerboard helps you know your numbers.
- PROFIT TRACKING
Most sellers would be better off if they had a more accurate (and up-to-date) idea of how profitable they are. Because Sellerboard keeps track of so much information, this tool can give you a very accurate look at your numbers.
You can get a pretty good idea of how your Amazon FBA business is doing by opening the Sellerboard and looking at your Dashboard. Most of the information on Sellerboard comes straight from Amazon.
That means you don’t have to do anything. Once your account is set up, it will sync on its own. This includes such things as:
- Orders (and the items ordered)
- Fees associated with Amazon (FBA fees, FBA inbound fees, MF shipping charges, storage fees, disposal fees, subscription fees, etc.).
- Cancellations and refunds
- Expense reimbursements
- Costs associated with advertising and PPC
You’ll have to manually enter some information for Sellerboard to provide you with even more valuable financial information:
- Each item in your inventory is the cost of goods (your purchase price).
- A fixed expense is one that is not subject to change (such as accounting software, supplies, education costs, listing software, etc.).
Alternatively, you can import all of your costs at once by downloading the bulk import template.
Once Sellerboard has all of Amazon’s data and your expenses, they can give you information like the Cost of Goods Sold, ROI, Net Profit, Gross Profit, and Profit Margins.
You can look at this data for the current day, the current month, previous months, or almost any custom date range. You can also look at this information item by item to see which products have the best sales and profit margins.
Sellerboard can produce a Profit & Loss statement for your business as long as you enter your Cost of Goods and Expenses. This can be very helpful when it’s time to pay taxes!
- RESTOCKING RECOMMENDATIONS
You can also use Sellerboard to keep an eye on how much inventory you have and find out when you need to send more to an Amazon Fulfillment Center.
This would be helpful for Private Labels, Online Arbitrage, and Wholesale sellers who know how long it takes to get new stock. But even RA sellers with items that can be restocked can benefit from a reminder to ship in more stock.
Sellerboard will figure out how many days’ worth of stock is still in Amazon warehouses. Then, when you’re almost out of something, it tells you with a simple “Yes” or “No.”
If you’ve already put in your costs, this section will also show the return on investment (ROI) for a product.
- EASY EXPENSES
The “Expenses” tab on the seller board makes it easy to add and see all of your business costs.
When you add an expense, you can set it up as either a monthly expense (like a software subscription) or a one-time expense (like buying a course or a new laser printer).
In some cases, such as shipping a coffee mug, expenses can even be assigned to individual ASINs. Sellerboard’s reports will calculate your Net Profit based on any expenses you enter.
2. CONTACT YOUR CUSTOMERS
Check out Sellerboard’s Autoresponder if you want to make it easier for buyers to talk to you. Autoresponder sends messages to your customers automatically when certain events happen.
You can make different email campaigns for different products or situations. The messages can be sent completely out of sight by making everything work on its own.
Automated messages with tracking information or estimated delivery dates are still helpful even if you don’t need product reviews.
3. GET YOUR MONEY BACK
Goods that get broken or lost are an unavoidable part of any business that sells things. It even happens at Amazon, which is a big company.
Sometimes, while your FBA inventory is at an Amazon Fulfillment Center, it will get damaged or lost. Amazon will always try to find lost items, but sometimes they can’t be found again.
The “Money Back” feature on Sellerboard looks for ways to get your money back. Amazon has 30 days to find your item(s) and add them back to your list of things you can sell.
If the item is missing for 30 days in a row, they have to put the money back into your account. In theory, this should be done on its own.
But the truth is that these payments don’t always come through. As a result, Amazon will probably owe you money if FBA inventory is damaged or disappears.
There are more and more services that can help you with the boring parts these days. In addition to making reports and spreadsheets, Sellerboard automatically displays damaged or missing inventory as part of your monthly subscription.
You can open a case with Seller Central by copying and pasting the information from the spreadsheets.
Even though Sellerboard does the hard part (the spreadsheets), it is up to you to open a case. You might think that’s a bad thing, but it’s actually a good thing.
It is against Amazon’s Terms of Service (TOS) to use a service that automatically sends refund requests without the seller having to do anything.
Basically, Sellerboard tells you about possible ways to get paid back. Then you check to see if Amazon has already paid you back and open your own case.
By using the “Money Back” service on Sellerboard, you can easily get your money back while still following Amazon’s terms of service.
Sellerboard Pricing: How Much Does It Cost?
There is currently a 31-day free trial, followed by monthly, half-yearly, and yearly subscription options.
You can contact seller support for more information about Sellerboard before making a purchase, but the price depends on which plan you choose.
Pricing Plans ( Standard)
In this article, we will only cover the most popular Standard pricing plans.
The Professional, Business and Enterprise plans are available on their site.
Monthly Plan
For those who want to try it out without actually paying for it, a monthly plan is a great option. If you just have a small Amazon business or are testing the waters before going all in, it’s the perfect option for you. It costs $19 per month and you can cancel anytime.
Half-Yearly Plan
The half-yearly plan is ideal for those who want to try out the service but do not require it every month. It costs $17 per month, and you can cancel at any time, which makes it ideal if you’re testing out Amazon or have a small business.
Annual Plan
The annual plan is the best option for those who love the tool and want to use it throughout the entire year, as this subscription type offers a discount.
It costs $15 per month, so there is not much of a price difference between monthly and annual plans. However, if you are confident that the software will be useful for your Amazon business, you should opt for the annual plan.
Demo accounts are available on the website. You can try the program without registering; you won’t need to enter your email, simply click “Demo” on the website, and then you can test it out for yourself without registering.
In the bottom right corner of the website, you’ll find a tiny chat box where you can send Sellerboard a note. Generally, they will respond as quickly as possible, but you may need to be patient at times.
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FAQs About Sellerboard Review
My Amazon business is located in Europe. Can Sellerboard track it?
Your entire Amazon seller business can be tracked with it. Sellerboard will collect all of the data you need for your European products when you enter the right ASINs.
Is Sellerboard A Scam?
It has existed for a number of years and is the premier profit analytics tool available. Hundreds of thousands of satisfied users have taken advantage of the free trial and decided to continue using the product because of its effectiveness in boosting sales and profits.
Amazon Seller Central: Does Sellerboard Work?
Yes, both seller central and vendor central are supported. Before entering any data, it’s important to make sure you’ve selected the best option for your business; however, there’s no harm in using their free trial if you’re unsure of your seller account type.
How does Sellerboard track product reviews and inventory?
Yes, it can assist with any type of data. This tool allows you to calculate your products’ monthly profit, top-selling keywords, and much more. Sellerboard also provides Amazon sellers with seller central inventory tracking and product review alerts, both of which are incredibly useful.
How Does Sellerboard Accept Payments?
Credit cards are accepted for payments.
Is Sellerboard a good way to get more reviews?
Yes, it includes a free product review alert feature that notifies you whenever seller feedback or customer review is posted on Amazon. You can then respond to them after verifying that they are legitimate reviews, which could result in future seller feedback and reviews.
Is My Data Secure?
It takes seller protection extremely seriously. Because all data is encrypted, no outside third parties will have access to your seller metrics without your permission.
How Can I Cancel My Subscription?
Once you’ve signed up, canceling is as simple as going into your seller account and selecting the 'account settings' tab. You can view your past transactions and the dates they were processed by selecting the 'payment history' option. Your Sellerboard subscription will be listed there, and you can cancel it by clicking the arrow to the right of the subscription.
My seller account can be restricted from being accessed by Sellerboard. How can I do this?
Your seller account is not accessed. Using the seller central API, they collect data only from Amazon.
Can I Try Sellerboard For Free?
Yes, of course! Their 31-day trial period gives you the opportunity to see for yourself why they love it so much and why you’ll love it too.
Are Sellerboard’s services available on all Amazon marketplaces?
The program supports Amazon marketplaces in the US, Canada, Mexico, and the EU.
Conclusion: Sellerboard Review 2023
If you are an Amazon seller looking to increase your sales and profits, Sellerboard is the only tool of its kind.
It has a straightforward interface, so anyone with a passing familiarity with Amazon’s seller central account settings should be able to use it effectively.
Because they only use the seller central API to access seller account data, all concerns regarding the safety of this data are handled automatically.
I’m hoping you’ve gained some insight into Sellerboard and its potential value to you as an Amazon seller from reading this article.
It offers useful suggestions by examining vendor data and computing internally. The program provides a free trial period before purchase, which is a great feature.
Find openings like improved conversion rates, higher search engine ranks, or higher product placement. Thousands of Amazon merchants across the globe utilize the program.
