Product research for an FBA seller is a business operation that needs heavy time investment as well as capital investment, and at the same time, they are extremely crucial to be analysed to help grow your business better. Thus, you can’t compromise with the need to research your product ranking, sales volume and much more. But there’s a simple solution to all your product research troubles as an experienced or new Amazon FBA seller; Amazon Sales Estimator.
What is an Amazon Sales Estimator?
There are millions and millions of products available on Amazon sold by another set of millions of Amazon seller coming from across the globe. Thus, the competition hits the roof with such heavy traffic of sellers and products they have to offer to the marketplace.
So, the first step is to find what Amazon product to sell with the highest profitability and sales volume to benefit your business to the maximum level. When you figure out the sales volume of a product, it becomes an easy task to decide whether or not you want to sell it on Amazon and how to increase your sales level in comparison to your competitors.
All this can be done through the Amazon Sales Estimator. There are many sales estimators conveniently available online. All you need to do is enter the product category, insert the ranking of the product and simply extract the average sales volume on your screen.
Amazon Rank and BSR Explained
The Amazon Sales Rank is the tool by which one can assess how well a product is selling in comparison to other competitive products under the same category. If an Amazon product ranks number one in its category, that means it is the most popularly purchased item on the list.
If your product ranks at number 35 that translates back to the fact that there are 34 other items that are doing better than your products in the Amazon marketplace in the same category in terms of sales.
Now, Amazon BSR or best seller rank is a rank that has been given to Amazon products on the basis of their orders compared to the rest of the products under the same category within a given time frame. You can easily access the BSR of any product on Amazon by heading on to their product description.
What's a Good Sales Rank on Amazon?
It is an easy concept to understand which rank is positive and which ranking plays a negative impact on your sales. A good Amazon sales rank is one that is a lower number than the rest of your competitors at the given time frame.
If your product ranks number five in its category, that means there are four other products doing better in terms of sales that your own product. Meanwhile, if in the same category, there are a hundred other products, then your product is at a favourable level over those ninety-five products.
Thus, the lower the number of the rank is, the better it is for the sales of your products.
Why Do You Need a Sales Estimator?
On page estimators like Keepa or Revseller have been around for some time, but why do we need them? The use of Sales Estimator is quite handy while dealing with sales on Amazon. There are a number of benefits it offers to the FBA sellers.
- It gives you an estimate of the sales volume of the particular product, which helps to understand the market condition and make further adjustments accordingly in your business.
- It helps you spy on the performance of your competitors by telling you how many units they are selling on an average. They also guide you on how many units you should sell in order to become the king of the marketplace.
- The sales estimator makes your task easier and can be conveniently used by anyone. You can avoid the hassle that goes into preparing spreadsheets and managing data by gaining an estimate of the sales and use this time to invest in your business.
- When you use the sales estimator, it gives you a better insight on how to improve your sales and thus, establish your business in the market, bringing in better opportunities to set your roots firmly.
The Top Amazon Sales Estimator 2023
1. Jungle Scout Amazon Sales Estimator
Arguably one of the best Amazon Sellers’ go-to platforms, Jungle Scout comes as a powerful weapon to combat your Amazon sales-related worries with their Jungle Scout Sales Estimator feature.
They benefit the sellers by giving them instant access to sales data of millions of products. The estimator is absolutely free of cost for everyone to use and it provides you with a rough idea about the sales, hence, the name ‘estimator’.
How to use the Jungle Scout sales estimator?
- Go to the Jungle Scout website and navigate to the “Estimator” page.
- Enter the product’s Amazon Standard Identification Number (ASIN) or product URL into the search bar.
- Choose the marketplace where the product is sold, and enter the product’s price, category, and estimated monthly sales.
- Click the “Calculate” button to view the estimated sales volume for the product.
- Analyze the estimated sales data and use it to make informed decisions about your Amazon selling strategy.
2. Helium 10 Sales Estimator
To gain detailed, accurate, and reliable information about the market space in order to ace the game, you need software that arms you with multiple tools in every aspect possible. Helium 10 software is a suite of over 20 tools to help you make money and save up money through its diverse features.
If you are an Amazon seller who curates the majority of your own Amazon product listings, Helium 10 is the way to go for your business. Its all-in-one platform helps you gain benefits through every step of the selling.
You can use the software for free to get to know the tools better and if it suits your taste, you can make your pick from their platinum, diamond, and elite plans.
Helium 10 offers powerful tools like Xray and the Profitability Calculator that can help you do just that. Xray allows you to analyze product data and competitor information in real-time, while the Profitability Calculator lets you estimate sales volumes and make informed pricing decisions. In this article, we’ll take a closer look at how Helium 10’s Xray and Profitability Calculator can help Amazon FBA sellers grow their businesses and increase their profits.
How to use the Helium 10 profitability calculator?
- Log in to your Helium 10 account and navigate to the “Profitability Calculator” tool.
- Enter the product’s ASIN or product name into the search bar, and select the marketplace where the product is sold.
- Enter the product’s cost and other fees (such as shipping and handling) into the appropriate fields.
- Use the tool’s sliders and input fields to adjust other variables, such as the product’s price, estimated monthly sales, and product weight.
- Click the “Calculate” button to view the estimated sales volume and profit for the product.
- Analyze the estimated sales data and use it to make informed decisions about pricing, product selection, and more.
How to use the Helium10 Xray tool?
- Log in to your Helium 10 account and navigate to the Xray tool.
- Enter a keyword or product name into the search bar and select the marketplace where the product is sold.
- Xray will provide you with a list of products that match your search query, along with detailed information on each product, such as estimated sales volume, revenue, and the number of reviews.
- Xray also provides you with information on the product’s BSR (Best Sellers Rank), which can be used to estimate the product’s sales performance and popularity on Amazon.
- In addition to product data, Xray also provides you with competitor information, such as the number of sellers, the number of reviews, and the quality of the product listings.
- Use the data provided by Xray to make informed decisions about product selection, pricing, and marketing strategies.
Viral Launch is a company that offers you a diverse set of services to help your business gain excellence in the Amazon marketplace. The unique feature of personalization sets Virtual Launch apart from its competitors. With the variety of services it provides the Amazon sellers with, they get a personal consultant to walk them through the process and help fetch positive results.
One of the services that Virtual Launch provides the Amazon sellers is called market intelligence. It is a software solution that has been designed to ensure your product’s success in the market. It becomes an easy task to understand the market space as it provides you with previous sales, prices and the new hot trends that dictate it in the present day, aiding to construct a well-thought-out plan for your business.
The software’s built-in calculator works the same as an Amazon sales estimator, and allows you to see the cost and profits each Amazon product in different categories carry, to help you obtain better sales potential for your products. The software also claims to produce the most accurate results against their competitors as they make use of real-time and historical data to estimate the monthly sales.
How to use the Viral Launch Market Intelligence tool?
- Log in to your Viral Launch account and select the “Market Intelligence” option from the main dashboard.
- Choose the Amazon marketplace where you plan to sell your product.
- Enter a product keyword or ASIN to search for potential product ideas.
- Customize the search parameters by selecting the product category, price range, and sales rank.
- Use the search filters to narrow down the results and find products that meet your criteria.
- Analyze the estimated sales, revenue, and other data points for each product to evaluate its potential profitability.
- Use the “Opportunity Score” feature to quickly identify the best potential products and opportunities.
- Save your product ideas and download the data for further analysis and research.
4. AMZ Scout Sales Estimator
The AMZ Scout Sales Estimator is a free amazon sales estimator that is extremely easy to use and convenient for all users. The estimator calculates the Amazon product’s sales by its sales ranking on Amazon, thus, one must be aware of the ranking of the product they seek to fetch the data about.
The estimator asks you to pick from detailed options of products; appliances, electronics, home and kitchen, grocery and gourmet food, health and household, being just a couple of them. After you are through with that, you just need to enter the rank of the Amazon product and you will be presented with the average sales estimates.
Marketplaces that are supported by the AMZ Scout Sales Estimator include USA, India, UK, Canada, Italy, Spain, Germany and Mexico, with the monthly sales estimates of the US marketplace being the most reliable amongst the rest of the locations mentioned.
How to use the AMZScout sales estimator?
- Go to the AMZ Scout website and navigate to the “Sales Estimator” page.
- Choose the Amazon marketplace where the product is sold, and enter the product’s ASIN or product URL into the search bar.
- Enter the product’s price, category, and estimated monthly sales into the appropriate fields.
- Use the tool’s sliders and input fields to adjust other variables, such as the product’s weight, shipping costs, and fulfillment method.
- Click the “Calculate” button to view the estimated sales volume and revenue for the product.
- Analyze the estimated sales data and use it to make informed decisions about your Amazon selling strategy, such as adjusting pricing, product selection, or advertising strategies.
5. Unicorn Smasher Sales Estimator
Unicorn Smasher is a powerful Amazon sales estimator tool designed for Amazon sellers who want to take their product research to the next level. The tool allows you to quickly and easily estimate sales volumes for any Amazon product and provides valuable insights that can help you make informed decisions about your selling strategy.
Its sales estimator feature provides valuable data that can help you make informed decisions about your Amazon selling strategy. The tool allows you to quickly estimate sales volumes for any Amazon product, providing you with valuable insights into the potential profitability of a product before you decide to invest in it.
In addition to its sales estimator feature, Unicorn Smasher also offers a suite of other powerful tools designed to help Amazon sellers research, analyze, and optimize their products and listings. With its comprehensive data and analysis, Unicorn Smasher is an essential tool for any Amazon seller who wants to take their business to the next level.
How to use the Unicorn Smasher sales estimator?
- Log in to your Unicorn Smasher account and navigate to the “Sales Estimator” tool.
- Enter the product’s ASIN or product URL into the search bar, and select the Amazon marketplace where the product is sold.
- Choose the product category and enter the product’s price, estimated monthly sales, and other data points into the appropriate fields.
- Click the “Estimate Sales” button to view the estimated sales volume and revenue for the product.
- Analyze the estimated sales data and use it to make informed decisions about your Amazon selling strategy, such as adjusting pricing, product selection, or advertising strategies.
6. Seller App Sales Estimator
Seller App’s Sales Estimator helps sellers analyze the market and gain a competitive advantage by providing insight into the popularity and reliability of products across different categories. With every product ranked differently, the Sales Estimator feature helps sellers make informed decisions by estimating sales volumes and identifying opportunities to succeed on the Amazon platform.
It tracks down niches and categories that carry the best sales opportunities for their users to benefit from. When in a market, it is important to keep a keen watch on your competitors. Seller App Sales Estimator showcases how many units your competitors sell and what amount of units you must sell to dominate the market and reach the first page of Amazon with the right keywords.
How to use the Seller App’s Sales Estimator?
- Log in to your Seller App account and navigate to the “Sales Estimator” tool.
- Enter the product’s ASIN or product URL into the search bar, and select the Amazon marketplace where the product is sold.
- Choose the product category and enter the product’s price, estimated monthly sales, and other data points into the appropriate fields.
- Click the “Estimate Sales” button to view the estimated sales volume and revenue for the product.
- Analyze the estimated sales data and use it to make informed decisions about your Amazon selling strategy, such as adjusting pricing, product selection, or advertising strategies.
What is the Best Amazon Sales Estimator 2023?
accurate sales estimates are crucial for Amazon sellers looking to make informed decisions and optimize their sales performance. In 2023, there are several reliable sales estimator tools available to help sellers estimate sales volumes and analyze the market. Among these, Jungle Scout Amazon Sales Estimator stands out as the best option for its accuracy, user-friendly interface, and comprehensive features.
Jungle Scout’s Sales Estimator provides accurate and reliable sales estimates for products sold on Amazon, helping sellers make informed decisions about their pricing strategy and product selection. The tool’s user-friendly interface makes it easy for sellers of all levels of experience to access valuable data and insights. Overall, Jungle Scout’s Sales Estimator is an essential tool for any Amazon seller looking to grow their business and increase their sales performance.
Conclusion
Amazon is an attractive market space to try your business skills. Though the competition is head to head with the entry of thousands of new products on the website every day, it is worth the effort to gain better potential for your business.
Much like the Shopify platform as Amazon FBA seller, it becomes necessary to make use of Sales Estimation because they hold the potential to lead your business to new heights and gain better sales opportunities for your products; all that without the need to empty your pocket or invest your precious hours on studying the marketplace.
