What is RestockPro?
RestockPro is an inventory management software tailored for eCommerce businesses, offering a range of tools to help sellers optimize their inventory across multiple sales channels. It provides centralized inventory tracking, allowing businesses to monitor stock quantities, locations, and costs from a single dashboard.
With real-time inventory synchronization, RestockPro ensures stock levels are updated as orders come in, preventing overselling. The software also automates purchase orders based on predefined inventory thresholds, and uses sales data for forecasting and trend analysis. Additionally, RestockPro integrates seamlessly with platforms like Amazon, Shopify, eBay, and Walmart, making it a versatile tool for online arbitrage sellers.
RestockPro Features
RestockPro offers a range of features which, according to RestockPro reviews, simplify inventory management for online arbitrage sellers. Some of the key features include:
Inventory Management
RestockPro provides sellers with real-time suggestions and accurate forecasting to efficiently manage Amazon inventory. It helps ensure stock levels are maintained, offering timely reminders for reordering products and preventing stockouts. If you find yourself in a pickle where you don’t have any inventory but you have orders to fulfill, make sure you know how to sell on Amazon without inventory.
User-Friendly Interface
The software features an intuitive dashboard that brings all key metrics together on a single screen. Users can easily manage supplier reorders, view restocking suggestions, and create purchase orders, simplifying inventory management tasks.
Regular Updates
As a subscription-based tool, RestockPro automatically updates without causing downtime. Users have mentioned in RestockPro reviews that they benefit from regular feature enhancements and upgrades, all included in the service without any additional fees.
Purchase History
RestockPro keeps detailed records of purchase history for each SKU, enabling sellers to make informed decisions. It tracks past purchase orders, showing historical costs to guide future ordering strategies.
Tracking of Ordered Inventory
The tool offers comprehensive tracking from the moment inventory is ordered. Sellers can manage shipments to a warehouse or directly to Amazon FBA, ensuring the correct quantities are shipped and received.
Accurate Purchase Order Costs
RestockPro allows sellers to monitor purchase order costs in detail, including shipping, discounts, and additional charges. This helps maintain accurate financial records and ensures precise margin calculations.
Streamlined Communication
Sellers can add notes and tags to purchase orders, improving communication with suppliers and warehouse staff. These customizable details enhance the efficiency of order management and logistics.
Shipment Management
RestockPro automates the shipment process to meet Amazon’s strict guidelines. By managing labels, stickers, and other requirements, it helps sellers save time and avoid costly errors or delays in shipments.
Customized Printing
The software allows users to customize labels and stickers for shipments, offering full flexibility for different types of printers. Sellers can format and print labels in a way that ensures compliance with Amazon’s requirements.
Box Content Management
RestockPro simplifies box content management by allowing sellers to include important details like expiration dates and 2D barcodes. This ensures full compliance with Amazon’s packaging rules, helping avoid penalties or delays.
Building Kits
RestockPro’s Kit Optimizer feature enables sellers to bundle products into kits. According to RestockPro reviews, offering kits not only differentiates product listings but also reduces fees and increases sales, making it a valuable feature for boosting profitability.
RestockPro Pricing [Sep 2024 Update]
RestockPro offers various pricing plans according to the number of FBA orders your Amazon store processes each month. All features are available on every plan, and according to RestockPro reviews, the plans are pretty affordable for all business levels:
- Starter (1000 FBA Orders): $49/mo
- Pro (2000 – 2500 FBA Orders): $69 – $79/mo
- Enterprise (5000 FBA Orders): $99/mo
- Premium (7500 – 10000 FBA Orders): $119-$149/mo
- Ultimate (20000 – 25000 FBA Orders): $199 – $209/mo
- Enterprise:
35000 FBA Orders: $249/mo
50000 FBA Orders: $284/mo
75000 FBA Orders: $349/mo
100000 FBA Orders: $399/mo
125000 FBA Orders: $449/mo
150000 FBA Orders: $499/mo
200000 FBA Orders: $549/mo
250000 FBA Orders: $599/mo
300000 FBA Orders: $654/mo
RestockPro Pros & Cons
Like any other online arbitrage tool, RestockPro has its own advantages and challenges, and knowing them can be helpful when making a decision about investing in this tool. By combing through RestockPro reviews, we have gathered the pros and cons below:
Pros
- Feature-Rich Inventory Management: RestockPro is packed with powerful tools specifically designed for FBA sellers. Its comprehensive features make it easy to manage and optimize inventory efficiently.
- Powerful Restock Suggestions: The software offers intelligent restocking suggestions, ensuring sellers maintain optimal stock levels and never miss a restocking window.
- Profitability Data: According to RestockPro reviews, one of the standout features of this tool is its profitability data analysis, which is not commonly offered by its competitors. This allows sellers to track their profit margins and make informed decisions based on accurate financial data.
Cons
- No Multi-Channel Support: RestockPro is designed for Amazon FBA sellers, meaning it doesn’t support inventory management across multiple sales channels. This can be limiting for sellers who manage inventory on platforms other than Amazon.
- Limited Supplier Management: The software does not allow adding multiple suppliers for a single product, which may be a drawback for sellers who rely on multiple sources for their inventory needs.
Best Alternatives for RestockPro
Here are five alternatives to RestockPro that offer similar inventory management features for online arbitrage and FBA sellers:
1. InventoryLab
InventoryLab combines inventory management with accounting and listing services, making it a comprehensive tool for Amazon sellers. InventoryLab offers features like restocking recommendations, profitability tracking, and Scout functionality for sourcing products. Its detailed reports provide insights into sales performance and financials. If you’re not sure whether to invest in this tool, don’t miss our Inventory Lab reviews.
2. Sellerboard
Sellerboard is an FBA profit analytics tool that also offers inventory tracking. It helps sellers monitor stock levels, receive restock alerts, and track profitability. The Sellerboard software is particularly known for its detailed financial reporting, allowing users to gain deep insights into their business performance. Check out our Sellerboard reviews for more details about this tool.
3. SoStocked
SoStocked is a powerful inventory management tool for Amazon sellers, focusing on demand forecasting and stock optimization. SoStock allows for multi-supplier management, custom restocking workflows, and detailed purchase order creation, making it an excellent alternative to RestockPro for sellers with complex supply chains.
4. Aura
Aura is an advanced repricing tool with added inventory management features. While it primarily focuses on helping sellers win the Buy Box with competitive pricing, Aura also offers restocking alerts and profitability tracking. Aura integrates seamlessly with Amazon FBA, providing sellers with the tools they need to manage stock and pricing strategies.
5. RepricerExpress
RepricerExpress is another dynamic repricing tool for Amazon sellers, offering automated repricing based on predefined rules. RepricerExpress also provides basic inventory management features such as stock level monitoring and restock notifications, helping sellers stay competitive while managing their inventory efficiently. Don’t forget to read our RepricerExpress reviews before deciding on the right tool!
Boosting Online Arbitrage Success with OABeans and RestockPro
OABeans’ curated sourcing lists, combined with RestockPro’s inventory management, create a powerful synergy for online arbitrage sellers. OABeans provides carefully selected product leads, picked by experts using AI tools and software. These leads are checked against important criteria such as sales rank, profit margins, competition levels, and FBA fees, ensuring that sellers have access to high-quality, profitable products. The subscription-based model limits access to avoid market saturation, giving sellers a competitive edge.
Once sellers have sourced products from OABeans’ online arbitrage leads lists, RestockPro can streamline the inventory and restocking process. The software’s real-time stock tracking and automated restocking suggestions help sellers keep up with demand, preventing stockouts and maximizing profitability. By using OABeans for sourcing and RestockPro for inventory management, online arbitrage sellers can create an efficient, data-driven workflow that keeps their business running smoothly.
Final Thoughts
By going over RestockPro reviews, we found out this can be an invaluable tool for online arbitrage sellers looking to streamline their inventory management processes. With features like automated restocking suggestions, real-time inventory tracking, and detailed profitability insights, it helps sellers maintain optimal stock levels and make informed purchasing decisions. While it has some limitations, it simplifies the complexities of inventory management, allowing sellers to focus on growing their business and maximizing profitability.
With Amazon’s seller performance metrics and feedback system, retail arbitrage sellers can track their performance, identify areas for improvement, and ensure customer satisfaction.
The data-driven insights and analytics provided by Amazon FBA empower you to make informed decisions about your product selection, pricing, and marketing strategies.
Selling through Amazon FBA provides peace of mind, knowing that your products are fulfilled with the highest level of professionalism and efficiency.
Amazon’s customer reviews play a crucial role in online arbitrage. Positive reviews increase product credibility and attract more potential buyers.
By leveraging Amazon’s extensive customer base and global reach, online arbitrage opens up endless opportunities to sell products to customers around the world.
The reselling model on Amazon offers the flexibility to work from anywhere, giving you the freedom to run your business on your own terms.
Amazon’s scanning apps and tools make retail arbitrage more efficient, helping you quickly identify profitable products and make informed buying decisions.
The FBA program reduces the burden of order fulfillment, freeing up your time to focus on strategic aspects of your business, such as marketing and product development.