1) Jungle Scout
This tool is mainly designed to help entrepreneurs and companies looking for a solid sales channel in Amazon where they can find stability and growth. You can currently find this tool in two versions: a Chrome extension or an application. Thanks to this software, you can discover the winning products on Amazon, make estimates and analyze the competition.
The Jungle Scout tool shows you your competition’s monthly purchases, billings, and quality scores, helping you discover how good a product’s niche market is. Thanks to this, manual searches and instinctive analysis are no longer needed since the tool does all this work for you.
2) Amazon Seller App
Once registered as an Amazon seller, you can download the Amazon Seller app. This application is one of the best retail arbitrage tools and can be downloaded entirely free of charge from the Apple Store or Google Play Store for Android. The app allows you to turn your phone’s camera into a scanner that you can use on the barcode of any product to get Amazon price/fee information. The Amazon Seller app allows you to:
- List products on Amazon quickly and easily.
- Respond to messages from your customers.
- See how much and when Amazon will pay you.
- Manage your inventory. Easily update prices and quantities.
- Manage your orders. Get notified when one of your products is sold. Check pending orders and confirm shipments.
- Find new products to sell. Use the text search or barcode scanner to check prices, sales rates, competitive offers, or customer reviews.
- Receive notifications on your mobile or tablet with sales opportunities and price recommendations.
- Calculate your earnings with the help of estimates of the profitability of your products.
You can download the Amazon Seller app from here.
RevSeller is one of the best retail arbitrage tools and popular Chrome extensions for Amazon sellers. The extension reduces the necessary research for sellers by displaying profitability, category, and sales rank on each product page right at the top. The seller can then make an informed and quick decision regarding purchases. RevSeller allows Amazon sellers to calculate FBA ROI, margin, and fees, including detailed variances.
The seller can determine offers, variations, and prices for numerous products, including clothing and shoes. RevSeller shows if the product is out of stock or in stock and if there are price differences. You can check out the Revseller reviews for more information about this tool.
ScanPower is one of the best retail arbitrage apps that helps you source, list, and price items based on Amazon catalog data. The main objective of the tool is for companies to maximize their profits through shipping on Amazon.
ScanPower offers many services that allow you to scan product barcodes to get live price data from the Amazon catalog, create automatic listings by scanning product barcodes, and other useful features that facilitate shipping.
Keepa is one of the best retail arbitrage tools and offers a web extension that exclusively monitors price change behavior within Amazon. It simply lists the prices and then graphs their changes over time. With this, as soon as an “offer” is published, you can see if it is profitable because the price falls. You can also see when the price was the lowest and when it rose to the highest value.
6) Aura Repricer
Aura is another useful retail arbitrage app that uses AI and Machine Learning to adjust your product prices on your behalf automatically. This tool follows a set of guidelines that you establish. You can link it to your Amazon seller central account to monitor the changes in your product prices over time. Auro repricer tool also considers changing your price based on your repricing strategy with each price change in the Amazon Buy Box.
Scoutly (FBAScan) is one of the best retail arbitrage software with a unique feature. It offers a downloadable database, so you can scan items even when you’re not connected to Wi-Fi or a data signal. Scoutly provides you with vital information such as sales, price, sales rank, and the number of sellers. It also shows you all FBA offers, provides accurate profit calculations, etc.
8) Seller Board
Seller Board is another one of the best retail arbitrage tools. It helps you grow your business by analyzing current trends, gaining insight into the latest retail arbitrage deals, and maximizing your profit potential. It does all the boring things you should otherwise do manually, such as inventory management, optimizing PPC campaigns, and sending the customers an email after purchasing your products to ask them for a review.
It has an interactive live dashboard, FBA error tracking, PPC and bid optimization, customer lifetime value dashboard, hidden costs tracking, etc. You can check out the Seller Board reviews for more information about this app.
SourceMogul is a powerful software that helps you find retail arbitrage and wholesale products. You can compare and identify items with excellent profit margins, saving time and money since you will no longer search for products in the traditional way (store by store). It is straightforward and recommended for sellers who want to go to the next level. It has more than 20 million products that are scanned monthly. Because of this, you get the best database of items to sell on Amazon.
Know More: Best Chrome Extensions for Amazon Sellers!
10) Profit Bandit
Profit Bandit is one of the best retail arbitrage tools that allows you to scan any barcode and determine if an item is profitable enough to resell on Amazon. This app lets you find the lowest price for each condition and fulfillment channel, determine if an item is restricted or selling slowly, and get historical pricing and rank data from CamelCamelCamel and Keepa. You can use this mobile app at trade shows, big-box retail stores, thrift shops, etc.
11) Tactical Arbitrage
Tactical Arbitrage is an easy-to-use arbitrage software with many useful features. It makes retail arbitrage more accessible by allowing users to compare rates and identify things to sell by searching up to 1,000 merchants and their corresponding categories. It also offers additional features enabling you to filter products to focus your search on high-performing items. Other features include performing a broad search, evaluating multiple data points, and performing a reverse search. Tactical Arbitrage also offers the analysis of current data and historical Buy Box price and sales ranking data for a product.
Brickseek is a tremendous retail arbitrage tool that allows you to search for sales and clearance sales in retail shops such as Target, Walmart, CVS, Home Depot, Macy’s, Lowe’s, Office Depot, and Staples. You can use the web-based version of Brickseek or its mobile app (Android/iOS) to scan products at your favorite retail stores. It uses product identification numbers, such as SKU, UPC, etc., to find the best discount prices on products you want. It also shows the availability of all products stocked by most major retailers.
13) Scoutify 2
Scoutify 2 is another one of the best retail arbitrage tools. The app is free to download, but it requires an InventoryLab subscription. Scoutify 2 helps you find profitable products by scanning their barcodes. It analyzes the product’s ISBN or UPC and performs an automatic search on the Amazon platform, thoroughly analyzing each item in the available catalog. Then, you must enter the purchase price of the item so Scoutify 2 can compare its costs and return information about the product’s profitability.
The Scoutify 2 application will show you the net profit and the return on investment of the product you are analyzing, which will help you make better decisions.
14) Invisible Hand
Invisible Hand is an extension for web browsers that discreetly notifies users if a product they buy online is available at a lower price at another retailer. This extension consists of a button installed in your browser and, when pressed, will provide a drop-down menu in which you can carefully review the prices on other sites that sell the same product.
The best retail arbitrage tools for Amazon sellers do nothing but multiply since the possibilities for improvement are many, and so is the competition. Obliged by the need to gain visibility, and given that the number of sellers in this marketplace increases daily, controlling what is happening and what can be done to improve is increasingly complicated. That is why we have prepared a list of tools that help you scan the products and get valuable data about the product’s prices, number of sellers, availability, etc. Most of these tools are free or offer a free trial, so you can check them out to see which one works best for your specific needs.