The resources you need to succeed in your Amazon business
These are the services, books and resources that I use to run my Amazon seller business. If they are on this list it means that they have helped me and I believe they will help you as well.
My goal is to make it easier for you to find the resources that have taken me months and years to research, try out and learn. I will continuously update this page adding and removing resources as I find new ones that I believe will make your success easier and faster.
I have used this software from the beginning to reprice my listings on Amazon. This software allows you to compete for the buy box which is the only way you will effectively sell products on Amazon if you are selling wholesale or doing retail arbitrage.
PRO TIP: Don’t be the penny cutter. When setting up your repricing don’t be the seller who kills the price on a product. Be sure to match the buy box do not go 1 penny bellow thinking you will get all the sales. Instead what will happen is the other sellers will match you, your repricer will knock the price down another penny and on and on until poof all the profits are gone.
Not sure what to send to distributors and brands? Get the email templates that I use to send to wholesale suppliers to request a list of their products. Be sure to customize this as your own so we are not all sending the same.
I use this tool to input a spreadsheet of products from a supplier that includes UPC and wholesale price and it then spits outs a spreadsheet matching the items up on Amazon, calculating profit, showing number of reviews and ratings, sales rank etc. This really automates the process for sorting through thousands of products and finding the profitable ones. Watch the video on how to use it here.
I use this Google Chrome extension to find out estimated sales of a product on Amazon. This is a very nice tool to have when you are looking at possible items to sell on Amazon because it allows you to easily see how much a product likely sells on Amazon. You do want to double check though because while Jungle Scout is awesome no software is perfect. Watch the video on how to use it here.
Pro Tip:Be sure to look at the number of reviews. If Jungle Scout says a product sells 300 per month but it only has 3 reviews then I know something is probably not right and I will look at more sources to determine what the actual number of sales might be.
I use this chrome extensions to see the historical sales ranking and pricing of an item before I purchase it to sell wholesale. This was I can make sure a product historically has sold well and also that the price has been steady and profitable in the past which will usually help tell you if the price will stay profitable in the future. To use Keepa you will need to * purchase a Data Package so the extension can pull the data in needs from Amazon. This extension at approximately $17 per month is well worth it. Watch our video review here.
RevSeller is one of my must have plugins for the Amazon US market (Does not currently work in other markets). This plugin makes it very easy for me to quickly see the profit of a product and if it is worth selling. In addition it tells me how many competitive sellers are selling the product currently, the current sales rank, as well as historical price averages and sales rank averages.
This is the software that I use to manage my inventory and it works great, it is by far the best software I have found in the price range. I use Restockpro to keep track of all my inventory, the costs and it has a great restock module which tells me which products I need to reorder and how many to stay in stock.
This is the software that I use to follow up with customers to make sure their order goes smoothly and to request customer feedback which helps to build your account standing with Amazon.
This place helps get me money back from Amazon that I otherwise might have just lost. Refunds Manager will connect into your Amazon account and find where you have money laying around that Amazon owes you. This can be for things such as lost or damaged inventory, invalid customer returns, etc. This is money that unless you know where to look and open cases to get the money from Amazon will likely just be lost. The website user interface is severally lacking but they do get the job done and have recovered thousands of dollars for me.
Pro Tip: Amazon does not seem to want you to get this money back so they might keep deleting the user account that you setup for Refunds Manager to open cases under. I ended up creating Refunds Manager an email address under my business domain so that the email address was a company email address and after doing that and forwarding the email address to the Refunds Manager email address they provided we no longer had the issue of Amazon deleting the user account.
I use this extension to get the keywords that a product is selling for and the estimated sales and search volume of that product so when I am optimizing a listing for a brand I know what to target.
Amazon Ads Management
I use Ignite to manage my Amazon ads. Ignite helps to automate the process of finding profitable keywords and decreasing your ACoS (Average Cost of Sale). Using this software I have been able to build some very profitable campaigns for products that I am an exclusive seller of.
Freelancers, Virtual Assistants & Employees
This is where I hire all of my long term virtual assistants now. It is a job posting service in the Philippines. Once you pay the monthly fee you can post as many jobs as you need. I typically get 20+ resumes withing 24 hours of posting a job and you will get the lowest hourly rate from this site.
This is a Filipino virtual assistant staffing agency. If you have never hired before this would be a good place to get your VA’s as they weed through all of the VA’s out there and pick the best then present you with a few choices to choose from. You will typically end up paying $1-$2 per hour more then from OnlineJobs.ph though.
Taxes & Accounting
This website helps me collect all the information I need to file sales taxes in states that I am having a lot of sales in. I use their auto file option so I do not even have to worry about the sales taxes everything is taken care of. Thankfully Amazon now collects sales taxes in most states but you will need to file regardless in your home state or where you have a prep center so I still use TaxJar to automate that for me even if its just filing $0
Business Website & Email
If you want suppliers to take you serious you will need a business website and an email address @yourbusinesname.com. Blue Host provides excellent inexpensive hosting for your website and email and their customer service is very good as well. This is what I use for my business website as well as Entrepreneur Adventure. Click here to watch, How To Create Your Amazon Wholesale Value Prop Website in WordPress.
Books I Recommend
These are the books that have had the greatest impact on my life. Helping me to create the right mindset in business and in life to achieve great success.
- The 4-Hour Work Week by Timothy Ferriss
- Virtual Freedom: How to Work with Virtual Staff to Buy More Time, Become More Productive, and Build Your Dream Business by Chris Ducker
- Rich Dad Poor Dad: What the Rich Teach Their Kids About Money – That the Poor and Middle Class Do Not! by Robert Kiyosaki
- Think and Grow Rich by Napoleon Hill
- The Compound Effect: Jumpstart Your Income, Your Life, Your Success by Darren Hardy
- Crushing It!: How Great Entrepreneurs Build Their Business and Influence-and How You Can, Too by Gary Vaynerchuk
- Thick Face, Black Heart: The Warrior Philosophy for Conquering the Challenges of Business and Life by Chin-Ning Chu
- The Millionaire Next Door: The Surprising Secrets of America’s Wealthy by Thomas Stanley
- Atlas Shrugged by Ayn Rand
- The Revolution: A Manifesto by Ron Paul