Selling products on Amazon? Earning money can be a cakewalk if you know the tips and guidelines. The ignorance of the knowledge, however, can reduce you to tatters.
It is, thus, a matter of priority to research the market well before you start selling. The information should be at your fingertips. You need to have the idea of the marketplace, the market value of your product, the seasonality of your niche at your fingertips. With extensive product research, you will have to predict accurate sales and thereby, your profit, net and margin.
What is Algopix?
Make the most relevant and informative business decisions with Algopix. Validate data in your marketplace and check cross marketplace product performance. Build and enhance your marketplace with research and analysis of products.
Browse and discover new products on Algopix. Multiply your profitability and boost your sales. Discover product opportunities. Know how to source products from suppliers and estimate how your competitors are performing.
Algopix Pricing Model
Algopix offers a free trial for seven days where you can test drive its features. It allows a limited number of searches per day. As soon as your free trial finishes, you will be able to choose an advanced plan.
There are four plans you can choose from-
- Basic plan for 19.99$ per month. Get up to 500 analyses.
- Business plan for 39.99$ per month, including 1,500 monthly reports.
- Premium plan for 59.99$ per month. Access 3,000 reports.
Algopix presents an arsenal of tools that you need to take appropriate business decisions-
- Product demand level
- Sales estimations
- Price comparison
- Sales related cost breakdown
- New selling opportunities
- Daily best-sellers
- Product discovery by keyword
- Category discovery
- Product attributes enhancement
Single Product Analysis
Perform a search for any product and get a detailed analysis on the same. Select a market and the product identifier. The best recommendations for the product will be displayed. Understand your potential expenses and pick out the most profitable product. Validate whether you are selling a promising product or not using this feature.
Bulk Product Analysis
Check multiple products at once. Compare their values and analyse their prices, best suppliers and other parameters. It does all the calculations and filters out the unprofitable ones in quite a short time, which manually would take hours.
To use the feature, you just need to upload the CSV file containing all the necessary data about a multitude of different suppliers.
Hit a jackpot. No more is it based on intuition or guesswork, but you can now make data driven decisions. Product research is solely aimed at finding the most profitable niche and the most promising product. Invest in it to get high returns. Predict which product will be rising to heights in terms of market demand.
What better than spying on your competitors to get the edge? You need to provide the URL of the company you want to get the data of, and send it to Algopix. It will reveal your competitors’ listings and you can use them to optimally strategize your own business. Request the Store Insights to get a detailed view of their stocks, inventories and listings.
There are thousands of sellers on Amazon and more than 4 million products available. This will give you an idea of the competition that a product can face. It is intense, and to rise in the sphere, you will have to choose a product that is high in demand but has less competition.
Algopix API is a robust tool that gives you real time data, pricing and analysis. Get the best product matching and channel insights about SKU level data, brand level intelligence and category data. Enhance the product catalogue with attributes, title, description, and images. Find market price of the product and sales performance.
Integration with Algopix API provides you with-
- New opportunities and best sellers
- Keyword research insights from Google
- Cross-channel competition
- Data-driven business decisions
- Extensive competitor analysis
- Product market share analysis
- Sales volume history analysis
Over +65,000 companies trust Algopix to make informed business decisions. More than +185 million products analysed with its cutting-edge technology. Algopix is the only cross-channel solution offering product market research for Amazon, eBay, and Walmart.
Do you sell on Amazon?
For anyone starting out or experienced selling on Amazon, I highly recommend you check out IO Scout. Honestly, I cannot recommend a better tool for the same price, features and support. You can read my full IO Scout Review here to see if it’s right for you or not!