The search for the best price tracker on Amazon can be toiling and tiring. The reason being there are thousands of brands promising you their best service of price tracking. You need to be a fine mesh to filter out from them and choose the best and most accurate price tracker.
With the internet crowded with product trackers, some reliable and some not, it gets complicated for a layman or a new seller on Amazon to choose. If you are confused, this is the right place where you have landed. In this article, we will provide you with the details of price tracking with the best available tools and provide you with a comprehensive buyers’ guide.
Why do you need to Track Price on Amazon?
Among the vast sea of products, if you are not updated about the sales trends and prices of products, you will be in a soup. There are fluctuations in the market, with changing demands and thus, evolving price labels of various products.
To stay ahead of the most serious competitors and to get a cost advantage in the Amazon market, you should have a good insight into the price of products. Stay informed about the expected price of products. Get the details, make strategic decisions and dominate the market.
Just like the ever- undulating stock market graphs, the Amazon market also shows certain trends. As a seller, you should know exactly when to buy products and when to sell them.
The thumb rule to win in any competitive market is to have a value advantage and a cost advantage. Keep the price competitive and affordable so that customers will be driven to buy your product. An overpriced product may lose out in the market because the competing brand will offer the similar product with almost similar features and functionalities at a much lower cost.
How to Check Amazon Price History?
There is no way to check the price history of products on Amazon officially. So, there are price tracker tools that lets you get a sneak peek, as well as detailed insights into the price trends, history and fluctuations in the price of products on Amazon.
The result is presented before you in a pictographic presentation. It enables you get a visual impression of the market trends. The price history gives you a competitive edge, as it keeps you at par with your competitors and lets you have a cost advantage over others. It also notifies you when the price drops and you may encash the opportunity to buy the product at that time and save tons of money.
Top Amazon Price Tracker Tools
There are a list of some of the best Amazon price tracker tools that provides you with all trends and data and insights at just one click.
IO Scout is currently a top-notch software serving the sellers on Amazon. It offers high data accuracy and low competition, apart from making the process of selling easy for you. No wonder, IO Scout has been endorsed by more than 45000 sellers on Amazon!
The software is easy to handle and is fit for any realm of seller- Private Labels, Wholesale sellers, Arbitrage and Dropshipping.
Whether you are new to selling or a dexterous player on the Amazon selling field, IO Scout helps you enter the market with high-in-demand products. Maximise your selling potential, optimise your business processes and earn high. There is an array of tools that makes IO Scout superior to other similar software.
IO Scout is a powerful tool that allows you to search all the products on the Amazon market. Get detailed research on all products and find out competitors. History repeats and trends tell the story. IO Scout allows a great feature to explore the trends and history of any product. Discover trending products and IO Scout also provides a well detailed information on the changes in the niche and predict trending products.
Keepa specialises in the field of competitive research. Level up the pricing game and avail the various features that Keepa offers-
- Price history charts to analyse historical trends
- Price drop and availability alerts to keep you updated
- Recent drop in price
- Daily deals and offers so that you do not miss out
- Comparison of international price list
- Browsing through different locale Amazon market places like UK, USA, etc.
- Wishlist import
- Easy browser extension
You can use all the data to predict future price trends and stay ahead in the competition.
CamelCamelCamel alerts you of drops in price and the changing trends of any product, and their historical popularity and seasonality over time. This helps you take data driven decisions that keeps you abreast of the market picture.
CamelCamelCamel helps you save money and time. Get profitable product ideas, Chrome extension for in depth research and price history charts to guide you. Get real time data and set such a price that lures customers to purchase your product.
Get accurate information about the changes in the price of a product. All you need to do is specify the price for which you want to be notified. CamelCamelCamel does the rest for you. As a seller, you need to keep even the smallest fluctuations at your fingertips. The software tracks the price and gives a detailed data to you.
You can also check the top Price Drops to measure the performance of various products in the market, their popularity and demand. Get the pictorial representation of the price vs time data of any product. The price charts are shown for a month in each graph. Check the maximum price, minimum price and average to get an idea of the market trends and popularity of the product.
Buoy up with joy to know that CamelCamelCamel is absolutely free. You just need to sign up on this platform and access its service of tracking price. Of course, if you are looking for more advanced features, and you need to synchronise your Amazon website with CamelCamelCamel account, then you have to dish out a small amount of money. However, if you are simply scurrying about for a price tracking software, install CamelCamelCamel for free! This is one of the features that stands out for this online selling tool.
Amazon Price Tracker by Digital Inspiration
This tool is another stellar price tracker that provides an app with every add-on. It is different from the conventional price trackers. Amazon Price Tracker by Digital Inspiration lets you get all the data in Excel sheets to give you the precise information about trends and price history.
Although it is relatively new in the platform, Honey has established quite well in the market place. You can simply add a browser extension and track prices. The top features include-
- Wishlist importing
- Email notifications
- Savings finder
- Honey Gold Rewards programme
- Historical data of price trends
Honey lets you see the lowest prices considering estimated shipping costs and other factors. Get the price history at just one click. Honey has a drop list dedicated to notifying you whenever a price drop occurs.
Pick the product, add the tracked products to the system. Watcher.com is a versatile tool that keeps a check on prices and gives the best sales in automatic mode. It lets you create product presets that sell in huge numbers when the price bounces back to the normal figure and helps you earn a hefty profit. Get notified about price drops. The tool automatically adds products to the cart when the price is optimum.
Selling on Amazon is a business game. You need to have the data. Sales trends, and alerts for fluctuations in price. Analyse them, and you are the winner!
However, if you intend doing all the research manually, it becomes very hectic and you will get lost amidst the sea of data. There are some right price tracking software that relieves you of the workload and comes for free. Get one of them, smoothen your business and reach the height of profitability.
FAQs on Amazon Price Tracking
What are Amazon Price Trackers?
Amazon adjusts the prices of products every time. You should be abreast of the latest price trends of the products you are interested in or dealing in to stay at a competitive edge and analyse the demand. Amazon Price Trackers sends alerts, notifies you on the changes and lets you see the graphical variations.
How can you view price history on Amazon?
To view the price history of products, you need to use a price tracking tool like IO Scout that helps you check the historical trends of the product and lets you understand the demand of the product in the market. The tools present the fluctuations of prices in a pictographic form that helps you visualise the trends.
Why do you need price history on Amazon?
The products are dynamically priced on Amazon, and hence you need to keep a check on the fluctuations in the market. This enables you to get hold of a product at the lowest price and then launch and sell it at high profit margin.
Can Amazon alert you when the price drops?
There are many ways to notify you about the fluctuations in the price. Receive the notifications in your inbox, on your smartphone or tablet and know the market anytime from anywhere. You can also opt for getting notifications using mobile apps or social media.
Does Amazon refund the sellers if the price drops?
If you are an FBA seller, you are entitled to the right of protecting your money by Amazon. If the price drops within 7 days of your purchase, then you can ask for a refund from Amazon.