So, it isn’t surprising that Amazon sellers are turning to technology-driven tools/services to gain an advantage over fellow sellers.
But is RevSeller as great as its users claim it is? In this guide, we’ll discuss everything RevSeller and whether you should use it for your store.
What is RevSeller & What can it do for you?
RevSeller is a popular Amazon FBA Business Chrome extension used by Amazon merchants. It is a fantastic tool for spotting opportunities that make a healthy profit. You could call it an online arbitrage tool.
One of the hardest things about being an Amazon merchant is market research. You always want to have the first-mover advantage over your fellow sellers, but this process takes a lot of time.
This is where RevSeller excels. The extension reduces the amount of time you spend finding products on the Internet and comparing prices. Within a few seconds, it scours the Internet for products on 3rd party platforms and provides you with in-depth data on category, profitability, and sales rankings.
That way, you can quickly make an informed decision on your next product launch on your Amazon store.
Finding the right products means attractive prices for your customers and higher profits.
With RevSeller, you can calculate product margins, return on investment, and FBA fees. It allows you to create different scenarios depending on your level of investment. It can notify you if the product is in stock or sold out, and you can also see any price gaps between different suppliers.
Considering that it’s a simple Chrome extension, RevSeller is a powerful tool. With RevSeller, you get the following features:
ROI Calculator for real-time tracking
The calculator is one of the extension’s most-used features. The merchant can instantly calculate return on investment and profit margins without opening another window. You also don’t need to open numerous windows and pages while trying to verify which product has the highest potential.
To calculate possible profit and investment needed, all you need do is input your FBA selling price and cost of shipping in the apps’ window. Once that’s done, you can see the potential revenue and profit from every item.
The calculator saves you from doing the donkey work and a lot of valuable time. It is seamlessly integrated and doesn’t take up space on your screen.
The Variation Viewer
When searching for a product such as bags, shoes, and clothes, you only see one product variation. This is where the Variation Viewer comes in handy. You can use this feature to see the different varieties of any chosen product.
It distills down all the essential data on each variation and presents it to you in an easily digestible format.
RevSeller shares data such as selling prices, colors, sizes, and any other key difference so that you can come to a quick and profitable decision. It also shows you stock levels and indicates the variations that are currently out of stock at the 3rd party platforms.
One of its other vital functions is feedback. Merchants like yourself can use the Variation Viewer to get detailed feedback on any specific product. You can track reviews and other data that gauge the product’s performance across different platforms and merchants.
Some products have multitudes of variations, and tracking each one’s performance can be downright problematic for any merchant, no matter how experienced they are with FBA selling.
The Variation Viewer also does a great job of handling other products asides fashion items. You can use it when searching for dinnerware, hardware tools, and parts. Also, it notifies you of any other Amazon sellers who are currently selling that particular product, the variations they have, and the selling prices.
To use it, all you need do is click on the viewer button. It then shows you all the variations of your product search. You can sort and order as you like at the click of a mouse. What’s more, it also indicates if the products are currently on sale.
90-Days Averages for sales and percentage ranking
The sales rank is a critical part of any merchant’s toolkit. Any smart merchant knows that the sales rank is a continuously fluctuating metric, which is why it is essential to check its sales and percentage ranking before investing in any product. It is not wise to base an investment decision on the popularity of a product or brand.
Popularity doesn’t always equal sales on Amazon. Wrong or incomplete sales ranking information could mean millions of dollars in losses within the blink of an eye.
The RevSeller Chrome extension feature prevents this from happening. It provides you with concise ranking information you need to make the right investment decision.
Plus, you don’t need to be an expert to understand the data the tool provides. It’s easy to understand, and you can make an informed decision about whether or not to invest in the product.
RevSeller: Pros and Cons
As with any product or service, it does have its positives and negatives, albeit a few.
- Easy to set up and use.
- Saves you time searching the web.
- Works across all laptops and desktops.
- If you have a virtual assistant, they get a second installation on the same payment.
- User-friendly cancellation process.
- Detailed and self-explanatory information feed.
- It only works on Google Chrome.
- First-time sellers might struggle to understand the tool or see the benefits.
- You can’t use the extension on phones or tablets.
- The cost might be out of budget for some sellers.
Frequently Asked Questions
Can RevSeller be used on more than one computer?
You can operate RevSeller on various computers under one account. There will be no charge for a new computer as long as you log in with the account you used when paying for your annual subscription.
Does this work on my tablet or smartphone?
At the moment, you can’t use the Chrome extension on your smartphone or tablet. Google currently doesn’t support the installation of extensions on its mobile browsers.
This can be a colossal let-down considering the number of merchants who would like to access RevSeller’s unique date while on the move.
Does it work in other Amazon marketplaces?
Currently, you can use the extension on the Amazon.com marketplace. This means marketplaces with extensions such as co.uk, .ca, etc. can’t access the RevSeller software.
Does it work on other browsers asides Google Chrome?
The RevSeller extension only works on Google Chrome. If you use browser clients such as Firefox, Safari, or Microsoft Edge, you won’t be able to use the Chrome Extension.
Does RevSeller offer discount codes?
The RevSeller team occasionally offers discount codes to merchants who signed up for the free trial or those who are regular subscribers to the service. You might be lucky to get a discount code before your trial period expires.
How accurate are the fee estimates?
The Chrome extension is tightly integrated with the Amazon Seller Central API. This guarantees that estimates of fees, return on investment, and selling prices will be generated directly from Amazon’s data. This reduces the margin of error significantly.
However, the RevSeller team advice that merchants check the Amazon Calculator periodically before making a final decision.
Because data from the Amazon API can be limited at times, leading to accuracy issues with the estimates, you can also check other Amazon sources to validate your assumptions and data before you make the final call.
Must I complete the MWS setup before I start using RevSeller?
Yes, Amazon’s policies require that all merchants set up and authorize MWS access before using the Chrome extension API to access Amazon’s database on the seller’s behalf.
Can this tool help a new seller as well as an experienced seller?
The team at RevSeller believes that the tool can help these two types of sellers in equal measure. However, we think that it is more beneficial to experienced sellers. New sellers are likely to get drowned in all the data the tool provides unless they are experienced sellers who are starting a new store.
Yet, it can come in handy for new sellers. The ROI calculator is a quick way to learn the numbers and profitability bands of your product quickly.