This article is dedicated to Sellerboard Review. Sellers can obtain important insight into their businesses by utilizing the Seller Information Hub, which provides comprehensive data on profitability, sales volume, and cost-effectiveness.
Discover how sellerboard can assist you in growing your business by comparing current trends, providing insight into the hottest bargains, and maximizing your potential profits.
If you are a seller who is not currently optimizing your store with sellerboard, now is the time to upgrade to this all-in-one solution.
I’ll walk you through an in-depth sellerboard review in this article. sellerboard is an analytics service for Amazon sellers that accurately forecasts profit margins and profit expectations.
There are no restrictions on the type of online business that an Amazon seller may operate. There is Fulfillment by Amazon (FBA), Fulfillment by the seller (FBM), Prime by Seller, drop shipment, and even online arbitrage.
If you only offer one product and sell it once or twice a day, you may be able to calculate your profits and costs on your own. Believe me, it becomes really tough to keep track of several products and transactions.
Content Outline
Sellerboard Review: What is a SellerBoard?
Sellerboard makes it simple for Amazon sellers to monitor their profit and cost-effectiveness on the platform. Through analytic software, you can discover strategies to increase your profit while saving time and tracking the key performance indicators (KPIs) of your sales.
The advantage of Sellerboard is that you can view a live dashboard of all your FBA ratings, PPC charges, return costs, and promotion expenditures, among other metrics.
Additionally, you may utilize this incredible Amazon Profit Analytics Tool from the convenience of your mobile phone!
Who Is Sellerboard For?
It is intended for Amazon sellers who are in the wholesale, private label, or online arbitrage sector. Additionally, your business must be registered with Amazon’s FBA, Fulfillment by Amazon, program.
How To Get Started?
Let’s have a look at the steps:
1. Create an account on sellerboard’s website.
2. Permit sellerboard access to your personal Seller Central.
3. Verify that sellerboard is an Amazon-registered developer.
4. Customize the dashboard by starting with the default settings.
Sellerboard Features
Let’s dive into the amazing features of this platform.
1. Inventory Manager
Sellers receive notifications when a product’s inventory levels are low. Sellerboard calculates the number of days remaining until a seller’s product is out of stock.
A computed return on investment (ROI) will be displayed, allowing you to estimate the value of your product and the benefit of restocking it.
2. Automatic Responder
This tool enables sellers to create email campaigns. You can email a consumer automatically after they make a purchase. The email can include a request for feedback and a summary of the full purchasing process.
Furthermore, Sellerboard offers a template for this tool. Even more, automated responses may differ depending on the type of product sold.
3. PPC Advertising Optimizer
The PPC tracker provides insight into the effectiveness and profitability of online advertising campaigns. It keeps track of the success of PPC campaigns and keywords.
The software accomplishes this by conducting a break-even analysis on each technique, allowing the seller to determine which strategies are effective and which are not. You will no longer have to squander money advertising ineffective digital campaigns.
4. Product Listing Alerts
Get live updates on everything product-related. Don’t waste time anymore going through the whole checklist yourself. Sellerboard will notify you of these changes to listings:
- ASIN – Monitoring ASIN hijackers and new sellers
- In the event of a lost Parent ASIN
- Review and feedback notifications for sellers
- A change in product dimensions
- In the event that the Buy Box is lost
- Changes to referral fees
- Changes to other fees
- When the product listing closes
- Changes to the main image
5. Reimbursements
Another alert is for possible reimbursement. It’s a report provided to FBA sellers that assists them in locating lost or damaged items held in an Amazon warehouse. This is accomplished by informing you of instances in which Amazon has failed to compensate you.
Additionally, this feature is beneficial if Amazon has failed to refund you for client returns. Despite Amazon’s global dominance, it is possible for it to lose your stored FBA goods.
Sellerboard accomplishes this by automatically creating reports and showing them in a spreadsheet. Nota bene, sellerboard does not initiate a case to recover funds.
However, it does include everything necessary to do so. Amazon gives itself 30 days to locate merchandise before marking it as ‘lost.’ Therefore, once that time period has passed, you may request a refund.
6. Export Tool
Sellerboard enables sellers to export and edit data generated by the software in Excel. This is advantageous if you have business partners with whom you wish to share reports.
7. Customized Charts
On the dashboard, sellers can view real-time KPI charts. Key Performance Indicators are the acronym for Key Performance Indicators charts. Sellers can tailor their KPIs to their own businesses. KPI options include:
- Sales
- Profits
- Costs and fees
- Units
- BSR
- Returns
You can also customize charts based on a timeframe. For example:
- The Last week
- The previous month, day by day
- The last year by month
The chart’s perspective can be filtered by product or market type. The Trends feature tab allows you to keep track of key performance indicators. This contributes to the maintenance of all good trending KPIs.
It will inform the seller when to act in response to a downward trend. You can sort the table to see which SKUs perform the poorest. Trends are not always predictable.
- The sale of different products on different marketplaces
- Costs
- Profits
- BSR
- Margins
- Expenses
- Refunds
- Returns
- ROI
8. View Gains & Losses
Utilize the custom charts I mentioned previously to acquire insight into your financial increases and losses. Sellers can earn precise profits by covering all cost and charge factors.
This can be filtered by year, month, and product type. This can be used to determine areas where expenditures can be reduced.
- Add on Cost of Goods Sold
This is essentially the only manual task required on sellerboard. Increase the cost of things to see, yes, additional data! This can be accomplished by either adding it as a constant integer or by using a period batch.
If you add by period batch, a box for entering the price will appear. Calculate the precise price by adding all the costs associated with producing a single product, which sellerboard gives.
9. Cashflow Tool
Cashflow is a money management tool offered by sellerboard. This anticipates the future cash flow available to your organization, assisting you in making financial decisions.
To accomplish this, simply click the “Add” button and enter values. The variables that can be studied in this tool are as follows:
- Payout
- Expenses
- Dividends
- Purchase of goods
- Investments
- Cash on hand
- VAT
10. Get an exact breakdown of your Amazon fees
This is critical for sellers to understand. Sellerboard deconstructs each Amazon fee to ensure there are no hidden expenses and that you understand exactly how your money is being spent.
The following table summarises all of Amazon’s fees:
- Fulfillment fee per unit for FBA
- Fees for FBA storage
- Inbound transportation
- Subscription
- Fees for FBS disposal
- Reimbursement reversal
11. Users and Rights Manager
If you wish to conduct business with another person, you can grant them access to your account. Take note that each user must have their own login credentials.
Your account’s users may have the following job titles:
- Employee
- Partner
- Marketplace Manager
- Investor
Each job title has a unique accessibility requirement. For instance, investors receive read-only access. However, the employee may manage inventory.
12. Expense Monetizer
This is a tab that allows merchants to enter expenses. Expenses can either recur periodically as a recurring expense or they can occur only once as a one-time expense. Additionally, you can categorize your spending by assigning them to certain ASINs.
13. Monitor BSR
Maintain an up-to-date BSR for:
- BSR of a product in real-time
- Percentage change in the current BSR in relation to the last week’s average BSR
- The percentage change in the one-week average relative to the monthly average
Also, Read This:
- SmartScout Review: Best Amazon FBA Product Research Tool?
- Fresh Store Builder Review: Best Amazon Store Builder?
Sellerboard Review: Customer Service
Customer service is available 24 hours a day, 7 days a week via the live chatbox on the right side. The answer as quickly as possible.
Unlike others, they ensure that any doubts expressed by a consumer or a vendor are addressed. This is the best customer service facility I’ve ever discovered.
Sellerboard Pricing: How Much Does Sellerboard Cost?
Prior to deciding on anything, we always verify the rates to ensure that the package meets our budget and specifications. Therefore, have a look at sellerboard’s rates and several plans to see which one is best suited to one’s specific needs:
- Standard Plan costs $15 monthly
- Professional Plan costs $23 monthly
- The business plan costs $31 monthly
- Enterprise Plan costs $63 /per monthly
Sellerboard Review: Is it really helpful?
If you offer only one or two types of products and sell them once or twice a day, you can assess your margins and costs independently. However, it becomes more difficult when there are numerous products and sales to track.
The simplest method to improve your cost-effectiveness and avoid wasting valuable time is to utilize sellerboard. Allow the program to do this tedious but necessary task while you concentrate on more vital tasks such as planning and predicting your business’s activities.
Among the features available in sellerboard are inventory management, follow-up email campaigns, PPC optimizers, an LTV function, listing change alerts, and reimbursements for missing or damaged merchandise, as well as other FBA faults.
Want your customers to offer feedback on items they’ve purchased from your store? Consider using the so-called “autoresponder” tool, which sends emails to customers after they make an Amazon purchase, requesting that they leave a review for the things they purchased.
SellerBoard Review: Pros & Cons
Let’s have a look at the advantages and disadvantages of this platform.
Pros:
- As a researcher and analyst, I’ve experimented with a variety of software applications in the marketing, profit analytics, and accounting fields. What I find remarkable about sellerboard is that it offers a diverse set of capabilities at an affordable price.
- It has served me well since the day I began using it.
- Customer service is also excellent, with effective communication.
Cons:
- As a repeat buyer, I believe it is wonderful, however, the color needs to be changed.
- If further customization choices such as colors and box configurations are provided to the panels, this will undoubtedly increase activity and attract a large number of customers. This might be really beneficial in terms of increasing recurring sales.
- More scope for optimization also increases the personalization of the user experience. It feels like the creators are trusting us to make our own decisions with their programs and more freedom to customize results in better user interaction and hence even more users through word of mouth. We like to have as much control over our interface as possible.
- I would like the listing optimization feature to be brought back.
Quick Links:
- Seller Snap Review: Worthy Amazon Repricing Tool?
- Sellerly Review: The Best Amazon Marketing Tool?
- ScanPower Review: Best Tool To Manage Amazon Inventory?
- Aura Repricer Review: The Fastest Amazon Repricer?
Conclusion: Sellerboard Review 2024
While sellerboard faces stiff competition in terms of complex services and advertising options, it is the greatest analytics service for Amazon sellers.
It provides cost-effective tools and incredibly responsive customer service interaction, as well as an intuitive and user-friendly data organization.
