eFLIP is a software package that helps Amazon sellers in the textbook game to increase their profits. But is it really that good?
In this short review of eFlip, we’ll look at this online arbitrage software for FBA sellers. I’ll also compare it to Zen Arbitrage and Tactical Arbitrage.
I do think that Caleb Roth is an excellent person who has built one of the best known software platforms available. eFLIP has helped dozens of people up their game in the textbook world.
If you read the reviews, guys like Reezy and Raiken really do praise this bit of software. For those in the textbook or general arbitrage game, it’s easy to see why, as it reduces your workload.
Compared to other software platforms, it does have some good outliers. The professional platform does help book buyers to source more books from Amazon themselves, only to resell back on to the platform.
Not my cup of tea as a private label seller, but I can understand the allure of this strategy. After all, you gotta start somewhere!
Certainly it’s hard to make a full time income with eFlip. In fact, it’s hard to make a full time income with anything nowadays. Only those most committed with the highest levels of work ethic actually find some level of success.
Caleb Roth is one example of an individual with work ethic. He’s found success in reselling textbooks on Amazon, then founded by ScoutIQ and eFLIP. The price for both isn’t cheap, but businesses aren’t cheap operations either.
Using it outside USA
You can use eFLIP in other countries. People in Canada, Australia, United Kingdom and even New Zealand are on the inside.
That’s the cool part about selling on Amazon – most people can sell on the platform. It doesn’t matter if you’re selling private label, though people in the wholesale game do struggle much more if they are outside the United States.
Now, in order to use eFLIP, you will need to use a 3PL. I recommend Texas Pre, Pack and Ship (otherwise known as Texas PPS) but there are many of these services out there.
Those already in the United States would do slightly better with eFLIP as you can have books sent to your house. But that also requires more input, because you’ll have to label, stack and pack the books yourself. Plus – those boxes are heavy!
So guys like Raiken, Reezy and Caleb often use the services of a 3PL warehouse. This way it keeps their house clean. If you’re from a country outside the United States, you really have no choice but to use a prep service to flip those books.
eFLIP vs Zen Arbitrage vs Tactical Arbitrage
Right – the ultimate showdown. Which is better?
I’ve previously reviewed Tactical Arbitrage and I believe it’s great software. Zen Arbitrage I’m currently going through at the moment with my in-depth review coming out soon. eFLIP already compares favorably to both.
But one of my favorite bloggers, Jordan Malik, has come out with the facts. That is – Zen Arbitrage kicks the butt out of eFLIP. Sorry Caleb!
Also, praise for Jordan for not using affiliate links. This makes me want to buy from him immediately! Like him, I do monetize some of my blog content through affiliate marketing, with many posts containing no referral links.
Now, compared to Tactical Arbitrage, eFLIP might be a better choice. Tactical Arbitrage is catered towards reselling many things, not just textbooks.
Building a real Amazon business
In my opinion, many people can start with the book reselling game but should focus to build a sustainable and reliable business through wholesale or private label. It’s quite rare to see success stories of people striking it big in the book game nowadays, as competition is rife.
There are still plenty of opportunities to find profitable in China or India, to then resell on Amazon. You’ll own the product and the buybox, plus if you’re EBC-registered, you’ll have more protection.
Others choose the wholesale strategy. If that’s a strategy for you, then Larry Lubarsky’s course is the way to go. He is the LAST wholesale teacher you’ll ever need.
Of course, everything takes a crap load of capital and work. Building a real FBA business isn’t easy…but I assure you, it’s 120% worth it!
eFLIP is good bit of software, though the cost is expensive for the complete beginner. Both Zen Arbitrage and eFLIP offer some good trial periods.
If you read the reviews, all except for Jordan have affiliate links attached. In fact, if you want the completely unbiased approach, jump in with Jordan’s blog. He’s got some seriously good content for the new Amazon seller.
I look forward to continuing to build out my content here and share my experiences with eFLIP. That said, my private label business does take precedence, especially as we’re nearing Q4.
Let’s unpack MerchantWords and compare it to JungleScout in this review. Plus, I’ll share a free alternative keyword tool (with coupon) for beginners.
When you’re planning your Amazon keywords, you need insights based on actual shopping trends, not what you believe is correct. This is where a keyword data tool comes into play.
I use keyword data tools dozens of times per week, as I want to save more time and make more sales. I run two FBA accounts that need constant organic search optimization, especially as PPC costs are increasing monthly.
There is a few keyword tools in the market, but today I’ll be reviewing MerchantWords so you can get some insights. At this time of writing, I have been selling on Amazon for 2.5 years.
Currently now hosting 200 million keywords in their database, using Merchant Words appears to be a solid choice for Amazon sellers. Across the selling communities that I’m involved in, it does have a high reputation.
What I like about this is that you don’t need to be a keyword nerd like myself. Beginners and intermediate Amazon sellers are still able to use it, especially as training is provided through their instructional videos.
This is one tool that you can certainly use to gain access to keywords that you previously wouldn’t have thought of, which can drastically improve your sales velocity on Amazon.
Another cool feature of their software is the seasonality graph. You can see how well your product keywords might do month to month.
I love the related keywords function. It really helps me collect more keywords that I can pop into my listings.
How does it work?
Just like Google has built its vast database, MerchantWords has been collecting the most commonly used keywords found on Amazon. They also use the assistance of other search engines and native English shopping portals.
From this, they can use the estimated averages for individual keywords on Amazon. Is it accurate? Not perfectly, but reasonably close. Certainly no human could guess closer, unless you had access to Amazon’s own API.
Note: Amazon doesn’t provide their own data towards services like this. It’s a closely guarded secret. Luckily, MerchantWords does have their proprietary ways to give sellers the competitive edge.
As a daily user of Ahrefs for website construction and traffic generation, I’m able to fairly able to evaluate this software. Already it seems quite in-depth unlike the others out there, including Helium10 and JungleScout.
If I were a beginner, I would find it quite easy to simply get started and fill my listings with some basic keywords. The pricing is also quite affordable, at just $30 per month for a basic listing subscription with Merchant Words. It is, from all accounts, the most in-depth piece of software available.
Merchant Words vs Jungle Scout
So while it’s great software, how well does it compare against Jungle Scout? Is it just the poor man’s alternative?
Well, it’s actually difficult to place them side by side. This is because they are inheritly different.
JungleScout is an all-in-one suite. Not only does it help you generate keywords, but it provides a lot more functionality, including helping you to analyze potential products and find a winner.
Merchant Words full focus is on organic rankings for Amazon sellers. Using this tool is all about finding those profitable keywords, so your listing is fully optimized. There isn’t really anything for the beginner who is looking for their 1st product.
Verdict: JungleScout is better if you’re a beginner without a product, while Merchant Words is better if you’re an established Amazon seller who needs a reliable database of keywords.
PPC is becoming expensive on Amazon, so this is one piece of software I can highly recommend. That said, if you already have JungleScout and your budget is tight, then I would hold off for now from Merchant Words.
A free alternative
Now, if all you’re seeking is to rank a listing or two quickly but you’re on a tight budget (since you’ve spent everything on that inventory order) then I can understand the allure behind finding a free alternative.
As far as exclusive keyword tools go, there isn’t a free alternative that matches the dataset, either deep or wide, which is offered through MerchantWords. However, I can provide a significant discount, once they provide an exclusive coupon code.
I am waiting for the MerchantWords team to offer one here. Then I’ll be able to recommend this keyword tool, as it will become much more affordable.
One suggestion is to use my affiliate link and register for a FREE trial of ZonGuru. It’s 7 days providing you exactly 1 week to use their keyword data which is almost identical to what is offered through JungleScout.
I’ve actually compared the two platforms previously:
In addition, you’ll also be able to use their tools to find further profitable products to sell on Amazon. The best part is that, at just $35 per month on the annual plan, it provides the best value for money around, as far as complete software suites go.
Final thoughts on MerchantWords
Every Amazon seller like myself is familiar with Merchant Words. It’s just as famous as JungleScout, with its entire focus on finding those keywords that other sellers are completely missing.
A fully optimized Amazon listing is necessary for longterm success. PPC is becoming expensive, and this is the only skillset that I struggle with. I can rank keywords all day long. 😅
The key downside is that Merchant Words doesn’t provide a free trial at all, nor is there a refund policy evident. This means that many look for alternatives, including my free recommendation mentioned above.
That said, if rock-solid keyword data is what you’re seeking, then Merchant Words has your back. With 6 years of data and more than 70,000 sellers already on board, it’s clear that they’re keeping their position as king of the jungle.
Currently I am waiting to get an exclusive MerchantWords discount/coupon code for my loyal readers. In the meantime, ZonGuru does provide an excellent alternative with its free trial offer.
Let’s unpack ScoutIQ, Caleb Roth’s smartphone app within this review. I’ll also provide a coupon code to get started with the free app trial.
Selling textbooks on Amazon isn’t something that I do but sounds like a cool strategy for those in the United States, where domestic shipping is significantly cheaper. Private label wins in so many ways too, as you open the potential towards varying types of products.
But as someone who previously sold on eBay, including textbooks, I thought this would be a cool app to use. Paired with my OPN-2006 bluetooth scanner for scanning books, I decided to try this out for some weekend fun.
So the interface initially looks quite clean and user-friendly. I’ll applaud Caleb for building a bit of software that actually looks good, instead of just working well.
I then decided to scan my 1st textbook.
Not bad at all! This one is going to eBay, but certainly I can see the appeal for those who live in the United States. From what I hear, however, is that textbooks are way too competitive nowadays. As in…there is very little money left here.
But moving forwards…
I loved that you can set your own triggers. What this means is that, while this software comes with some good defaults (so you only buy profitable units to sell on Amazon), you can modify them to suit your business model. Perhaps you like to sell high volume and low profit, or in my case, low volume and high profit.
You can also change the settings in addition too. Let’s have a look at both the triggers and settings within ScoutIQ…
One thing that is expensive is the Bluetooth scanners. It appears that the OPN models are the most recommended but these can cost in excess of $300 new. Also, you’ll have to try and pair them with your smartphone and not all of them are going to like that.
Perhaps the biggest downside to ScoutIQ is the lack of trigger depth. You can only set a very basic Trigger Set which is unfortunate.
FBA Scan vs ScoutIQ
It seems that Caleb’s app was the way to go when it first launched. It appeared to be significantly better than the competition. But is it?
It seems that FBAScan aka Scoutly is better than ScoutIQ. It costs much less, has more features and has an extensive free trial basis.
That said, I haven’t used FBAScan so I can’t comment accurately. It’s best to use both apps and make up your own decision, and this shouldn’t be based on price alone.
Both do share a lot of the exact same features, including the ability to scan with both smartphone cameras and attachable scanners. Plus – they hook directly into Amazon’s API so you can purchase textbooks that aren’t restricted for your account.
The best bet is to find what the professionals are using. Those who you wish to emulate in this arena, if selling textbooks on FBA is a business model you’re choosing. I know, at least here in Australia, it’s very difficult given our freight costs, though I’ve sold a few on eBay.
Through my test of the paid software (Yes, I did sign up for it!) I’ve found that ScoutIQ is a good bit of software. It isn’t cheap, but nothing worth having is.
I’m still waiting to hear back for a personalized coupon code. Searching online it appears that these ScoutIQ coupon codes were only available at the initial app launch? I found one video where someone was providing a discount.
That brings me to the business model of selling textbooks. It appears that a lot of universities and colleges are moving away from printed materials, and into digital materials. Bad news for textbook resellers, but great news for the environment!
This is a key reminder to build a longterm and sustainable business. Selling books might be a good way to build a little part-time income, but could be challenging to build a long term and “live anywhere” type of income that comes through selling brand new products on Amazon.
Whether that’s through a private label product line or wholesale model, consider moving into building your own business with a real product line. It’s what I do, and will continue to do, over a long time.
I’ve been using the paid version of Terapeak since early 2018 as a tool to conduct research on eBay, but with this review, will test drive it for Amazon.
Product research and niche selecting is one critical step in the journey as a successful FBA seller. It separates yourself from those who ‘jump right in’ when compared to those who take the time to validate the potential of a product.
I’ve used a range of software packages in the past and still right now in the present. I’ll even to do Terapeak vs JungleScout comparison right here, as well as SaleHoo.
Not only that, but have 2 Amazon brands and (previously) a successful eBay account. As eBay wasn’t giving me the freedom I desired (though the income was excellent), it has recently been pushed to the side through liquidation.
Let’s unpack Terapeak and see what’s on offer
In mid 2018 Terapeak was bought out by eBay, causing applause among many eBay sellers including myself. I had already been paying the $99/month cost for Terapeak, so this was an instant saving, especially as an Australian where the exchange rate coverts to roughly $135/month.
So now, Terapeak’s subscription management has moved across to eBay. This arrangement is a little frustrating, given that the Australian Terapeak/eBay website doesn’t load at the time of this review and product evaluation.
But let’s see what’s on offer when you jump inside…
Very much no-frills. That is – nothing fancy compared to others such as JungleScout. This feels like a Google interface – clean lines and basic input/output.
Since ‘yoga mat’ is one of the best known sample products, I’ll run with that. on eBay Australia, there appears to be 655 sellers but an average price of $19.02.
But what if I wanted to sell the real quality yoga mats? You know – those that WILL actually get used by my customers for more than 1 session. Many of these cheap mats wind up into landfill, which is terrible for the environment.
Luckily, some great news for me….
I set price contraints of $40 to $60 and the numbers look even less profitable. Clearly selling yoga mats on eBay could be an expensive exercise.
Now let’s look at some cool features that Terapeak has…
You can choose, at least from Australia, multiple options for both the buyer and seller country via Terapeak.
SEO with Terapeak
Our other tab is SEO. So let’s jump into that one…
Terapeak provides some excellent SEO keywords to add to a yoga mat listing. However, you could just as easily find these yourself directly on their marketplace when analyzing competitors.
So far, for eBay at least, this is pretty well basic.
Moving on now…
One thing I love is the seasonal trends. This is a metric that is often missing from Amazon FBA product research software that I use routinely.
Check this one out:
Clearly, whoever is selling yoga mats is enjoying an excellent Christmas bonus.
What’s interesting is that, as someone who does sell in this sports category, I would have assumed that January and February would produce greater sales throughput. My assumption is that people buy for themselves, not as a gift? That said, API data doesn’t lie. All the more reason to invest into some software, instead of guesswork.
Lastly, we can use Terapeak to see who the top competiting sellers are.
$10k/month isn’t that impressive, even for those selling on eBay Australia! Yet, even with eBay’s greater market share, and with their own API showing such low sales in one of the most competitive product niches, some people still think they will start on Amazon Australia, instead of the US marketplace. 🙄 Go figure!
But all in all, not a bad software but is lacking in some areas, since it’s catered for eBay.
Using Terapeak for Amazon FBA
At the time of creating this review, Terapeak no longer provides any support for Amazon FBA product research or metrics. Why? They were bought out by eBay, so clearly, they don’t want you utilizing their software to boost sales for their #1 competitor. 😅
Regardless, from what I hear among seller communities, its functions were always basic. Probably just as basic as the eBay niche discover and product search.
For that reason, I will recommend alternatives such as JungleScout. Not only that, I recommend starting on Amazon FBA full stop. Yes – the US platform, not Australia. Some local eBay sellers still use Terapeak till this day.
Amazon is a completely different marketplace too. The sellers are a different caliber, with many in the ‘buy-now’ mode instead of merely browsing. I own websites that send cold traffic to Amazon which still converts very high.
If you’re selling on Amazon FBA, then Terapeak isn’t a good option. You could simply do far better, without a huge capital outlay. Many options do give free trials.
Now, if you’re selling on eBay, then Terapeak is the best option available to find products, build superior listings and generate greater sales volume. There is nothing better in the market, plus those in the US with even an eBay basic store subscription now get complimentary access. But why do Terapeak Australia users miss out?
The best alternative
In my experience, there are far better research tools than Terapeak to conduct deep research into sales data. Even if you’re selling on eBay, using different tools can be more beneficial. Terapeak has very basic keyword suggetsions and competitor analysis.
If you’re looking at JungleScout vs Terapeak, then it’s JungleScout all the way! The price is higher, but it offers so much more for the end user. Look at the cost as an investment into your business.
Even finding a niche is easier with others than Terapeak. I would recommend the free trial to ‘test the waters’, especially as JungleScout requires a subscription upfront.
There are other alternatives still. These include:
ZonGuru which I have used immensely (beginner friendly)
Helium10 which I’m just starting to use now for research
You can get a discount or promo code for each of these software packages. Simply reach out to me if I can be of assistance!
Conducting proper Amazon research
Spending the days or weeks to perform research for potential products is one key metric towards success as an Amazon seller. Gone are the days of “I hope it will sell” thinking. The competition is here, but most of the competition is lazy.
Start with a course first and foremost. Learning how to do Amazon product research effectively through outdated YouTube videos is a challenge. There are numerous courses out there that I can highly recommend for beginners.
3 potential options
You’ll need some basic criteria I use based on experience:
Products with high demand but bad reviews. If the bulk of the sellers simply have a low quality product, then it’s a potentially the perfect opportunity.
Strong vetted product sales, but poor listing optimization. Most sellers have no clue on how to properly setup their listings for success. If you’re a keyword nerd like myself, walking into a niche that has mostly beginner sellers can result in a home run.
Very low competition niches or emerging markets. While I’m not a fan of product innovation, especially for beginners, I will look for emerging markets. This way that PPC spend is a lot lower.
Product size and pricing guidelines
Then you’ll need a guideline to stick with. This is basically mine:
Priced at $40 to $70 after discounting
Sells just 5 to 10 per day consistently
Generally is light enough to air freight
Has minimum 30% profit margin
Can do a 3-month turnover after meeting MOQ
Less than 100 reviews (actually, ideally less than 50)
Is that the perfect guideline? NO! Everyone has their own way of doing things.
This is my business model and this works for me. 🙂
Choosing what to sell
Then you will need product ideas. Perhaps the biggest question I get asked is “What do I sell on Amazon?” as my blog attracts a lot of beginners.
To that I say – go shopping. Jump online. Find products that are interesting or perculiar. Look at products you’ve purchased in the last 6 months. Head down to Bunnings. Even fire up Terapeak and have a look with many keywords.
It does take 2 to 3 years to ‘find your feet’ with Amazon product research. It’s tough at first, but becomes easier over time.
I don’t believe that Terapeak offers enough at all in my experience. For that reason, I’ve cancelled my monthly subscription. Their training materials are also very lacking.
I believe eBay simply wanted to provide a basic in-house solution for its sellers, so they can catch up on the race against Amazon. Especially as they are far behind!
To be fair, Terapeak is good, but there is far better options out there. If you take your online business seriously, then my best recommendation for beginners is ZonGuru, given the vast amount of features it packs in, paired with lots of training.
Remember that product and niche research is just one element on your journey to becoming a successful eCommerce seller. When done right, it can massively separate you from the pack of average sellers. To be done right, it’s going to require an investment into some tools or software.
Terapeak is a basic tool to get the ball rolling, with many sellers upgrading very soon afterwards.
There are many product research tools for Amazon sellers, but none are as original as Unicorn Smasher. So I’ll evaluate this software within my review.
Not only is the the most comprehensive Unicorn Smasher review available, but also serves as an accurate comparison between itself and JungleScout.
I’ll be evaluating this Amazon seller software tool plus the Chrome extension. From this, you’ll get an understanding of how to use this software, and in particular, what you’re looking for.
So before I start this comprehensive review, let’s establish some things up front:
I’ve been selling online for 2.5 years now, with no prior experience
I believe that Amazon FBA is the best business opportunity around
I also believe that it isn’t that easy to simply sell products anymore
You will need a piece of software to analyze each product potential
I’ve already used Helium10, JungleScout and ZonGuru with success
This blog exists to help everyone get started in the journey on FBA
There is likely to be an affiliate link below, with no obligation to use it
And with that out of the way, let’s begin this evaluation.
Unicorn Smasher review
Your objective is to find the perfect product so you can dominate on Amazon and become another success story. That really starts with a solid work ethic, some seed capital and a rock-solid tool.
Unicorn Smasher is one great option that I decided to fully evaluate for this review.
In particular, I was excited to see how it stacked up against JungleScout, Helium10 and ZonGuru, as the big 3 software tools on the market. Because each have Chrome Extensions already
The great news is that you can get started pretty fast with Unicorn Smasher with the free trial. From there, you can decide if this is the right piece of software for you.
And we are IN. 😎
So let’s jump into the nitty gritty of using this Amazon seller tool.
I must say that I’m initially impressed by the initial user experience. It has clean lines and appears to be designed (like a Mac) as opposed to programmed (like Microsoft) for the beginner.
In my case, I searched for a bread knife. This is a super competitive product with low margins but very high sell-through.
Now let’s look for something a bit less competitive. Let’s say…boat anchor.
The feedback seems very much straight forward. I’ve noticed the API data is loading at roughly the same speed as a paid version of JungleScout. Neat!
P.s. Just looking at the numbers, boat anchors could be a good 1st product. As you can see, the black one really stands out and is well-priced. That said, complete fools would order an anchor too small for their boat, then leave a negative review. 🙄 But this IS a product that people will pay up for, so they can protect their pride and joy.
Lastly, let’s look at another product in a different category. I’m going to chase an office chair mat. It’s a very much in-demand product where offices will often order several at once. I love when I get bulk orders, so this is a product of preference for me.
The numbers look reasonably bad actually. The pricing is too low, it’s hard to differentiate myself from other sellers, with many having solid reviews.
So this is a good lesson in NOT selecting a product on emotion, but logic. Without a piece of software, I might have started negotiating prices over in China, whilst chasing a false winner.
Using the download version
Whilst the Chrome extension is a great starting point, it’s also limited. This is the case with all software packages, as they are merely drawing the API data from Amazon. There isn’t much difference between the big players, other than the way in which they differentiate and display that data.
At this stage, I’m still working inside this software. There is some excellent features to be had in the downloadable version.
This mostly appears identical to JungleScout. I love the pink branding which seriously seperates itself from the marketplace. It’s popular with women, but also men too!
Unlike the Chrome Extension, there isn’t a free version of the desktop version. So you’ll have to look at the pricing of Unicorn Smasher and see if it’s a right fit for you.
How to use Unicorn Smasher
If you’re a beginner, then I’ve got you covered. Using Unicorn Smasher isn’t too hard.
Here’s how use this software:
Find a list of great products to sell on Amazon (I’ll list 20 here)
Input that data into the free Unicorn Smasher Chrome Extension
Analyze that data through looking at BSR, review count and revenue
Repeat that process over several weeks to get experience in researching
It isn’t too hard of a process. In my experience, it just takes time to get comfortable with finding profitable products on Amazon. As of today, I’ve done hundreds (if not thousands) of hours within Amazon, looking at products that I could sell via FBA.
Those 20 products are:
Pen gift set
When using Unicorn Smasher, you’ll want to look at key metrics. This includes the best-seller rank, volume of competitive reviews, monthly sales data and overall ASIN ratings. Sounds complicated? It gets easier over time. 🙂
Unicorn Smasher vs JungleScout
The most popular question I get is “Which is better? JungleScout or Unicorn Smasher?”
In my opinion, both are pretty well similar. I love the layout and interface more of Unicorn Smasher. At the same time, there is a significant development team standing behind JungleScout (20+ staff members) and its known as one of the best software tools around.
The pricing of JungleScout is higher, but it certainly offers more features and support. That said, you can get started with Unicorn Smasher for free, then upgrade later. Their Chrome extension provides basic research functionality.
Many beginners have such limited money, so should start with Unicorn Smasher for a few weeks. Personally, I love Helium10, though most beginners might struggle with its many advanced features. Even I get a little overwhelmed sometimes!
If you’re already a little bit down the road, then JungleScout is likely to be a better choice. If you’ve only found the FBA opportunity yesterday, then start with Unicorn Smasher.
This is a good bit of gear, and one tool that will definitely stay within my Chrome setup, right alongside the big boys.
It’s reasonably easy to use, and you can start with the free Chrome Extension. Others such as JungleScout and ZonGuru charge at least $25 per month for a similar setup, though they have greater metrics available to see.
You will need a piece of software. If money is limited, start with Unicorn Smasher. If you’re ready to play with the big boys, consider a more expensive package.
As always – remember this: Building businesses on Amazon isn’t easy. Forget the hype. It’s tough, takes a lot of money, you’ll get frustrated many times, you’ll get undercut on price, you’ll spend hundreds of hours and eventually (maybe) create a great income. There are many quitters on this journey.
But if you’re willing to stick around, then the rewards might come.
Let’s unpack the ManageByStats software through this comprehensive review. I’ll even compare it directly with JungleScout, based on my experience.
There is a lot of different software packages on the market. Not all are created equal. Some of them are quite expensive too, well over $70/month in fact.
Some promise the world, yet offer so little. But in most cases, you generally do get what you pay for.
So let’s unpack Manage By Stats and see what is on offer.
So straight up, I can see that there is an immediate 14-day trial. JungleScout doesn’t have this, so a big tick right there. You won’t even need a credit card, which reduces friction for new potential customers.
Pretty happy when people can have a test-drive without opening their wallet first.
That’s what you’ll see next after signing up.
Best part is that they have separated their product depending on where you are on the journey. Most other software packages simply bombard beginners with too many features.
In my case, I chose the Professional Plan. I’ve already been selling for 2.5 years at this stage.
Next you’ll have to setup your account.
I thought that is both great that you can select the currency for your financial data, including for Australians that sell on Amazon USA. At the same time, I’ve not found any other competitors asking for phone numbers. I skipped it as it’s optional.
So not only can you select based on currency, you can also select based on country. So good to see that Amazon United Kingdom and Australia are supported with ManageByStats.
On the inside
I’m not the biggest fan of the layout. It seems a little…confusing? At least, for a beginner, they may struggle to find their way around here.
I went straight into product research with ManageByStats. It is for sure not the focus of this software tool to provide excellent product and niche research abilities.
They really are focused on professional sellers like myself to more accurately monitor profit and loss statements within their Amazon FBA business.
What’s interesting is the PPC management service. As any seasoned seller would know, running campaigns directly on Amazon really sucks. It was created by computer geeks, not designers who actually care about user experiences.
As I’m taking a few weeks away from my PPC campaigns, I haven’t sign up to the free trial just yet of their advertising package. I do look forward to using this feature soon.
ManageByStats vs JungleScout
This is probably the biggest question that I’ll no doubt get: “How does ManageByStats compare to JungleScout”.
The simple answer is that they are in completely different leagues.
ManageByStats is about data tracking, so you can better manage inventory and your Amazon profits. There is tack-on features such as access to customer databases, but the main focus is accounting and financial analysis.
You can start with a free trial. The pricing starts at $19.97 per month. Professional sellers like myself with 2 seller accounts would opt for the $59.97 per month plan.
JungleScout provides a more holistic approach. Not only does it also have accounting and financial data insights, there is a greater emphasis placed on helping beginners find a profitable product to sell on Amazon.
Unfortunately no free trials here. The pricing begins at $49 per month, but as most people would also want the Chrome Extension, it will jump to $69 per month. Annually that equates to $588 US dollars.
So which one? If you’re prepared to pay that bit extra, JungleScout is absolutely worth a whole lot more. Especially if you’re seeking that full time income on Amazon, and only desire to have one software tool that achieves the same outcomes.
That said, Helium10 is an even better bit of software for Amazon sellers. Certainly the cost is higher, but with Freedom Ticket’s course now included for free, it certainly provides incredible value for money.
My experiences with ManageByStats
I haven’t seen anything that has impressed me with ManageByStats. As in, unique features I won’t find anywhere else.
Sure, it is reasonably affordable software for managing your FBA accounting and financial data. At the same time, more expensive software packages such as ZonGuru, JungleScout and Helium10 also include this and much more too.
One thing that impresses me is the testimonials. From the team at Amazing, to Ben Cummings, StartupBros and Amazon’s own Marketplace Developer Council. This is one tool that is trusted by not just industry veterans, but thousands of others too.
As a slight upsell, there is a PPC-centric course for their members to upgrade to. Most courses pack sufficient content on how to best optimize PPC campaigns, so I’m glad that the standalone course is available.
Would I recommend ManageByStats? Yes. If you’re looking for a super clean interface without distractions, where you can better see your profit/loss statements and trends over time.
It is a great bit of software, and with the 14-day free trial, allows people to actually get a feel for the software, before pulling out the credit card. This is one downside of both Helium10 and JungleScout. ZonGuru does provide a free trial for its users, but more-so focuses on beginners, not established and professional sellers.
One thing that has come apparent, is that I personally need to better monitor my profit/loss statements within my business. As an existing customer of various software suites, I’ll be drilling down more into my Amazon business into what’s really going on. Thank you ManageByStats, as I welcome any opportunity to learn more.