I received an email from Chris Green last week regarding a fantastic update to FBA Scout, a scouting program that gives information on products listed on Amazon. FBA Scout is the ultimate scouting tool for your Amazon FBA business (in my opinion, anyway). Since I began using it in June, I have been able to ramp up my Amazon business, add non-media products, and shop more efficiently for consumer products to sell on Amazon.
The new upgrade includes a column to the right called "Net Payout." Users are able to see the payout for a product sold through FBA based on the prices shown. This is great for us "math challenged" scouters. Here is a screen shot of what the upgrade looks like:
So let's say you found this Dunkin Donuts coffee on clearance at the grocery store for $8 a bag. After scanning it, you can quickly determine that your net payout on this item (best case scenario) is $20.74. If you paid $8 for it, your profit will be $12.74.
To see the net payout column, you can either turn your phone to landscape mode, or slide your finger across the screen to the left to view the additional column. To upgrade the net payout feature on your iPhone or iPad, go to the App Store on your phone and look for the upgrade. Upgrade for the Droid is coming soon!
If you aren't already using FBA Scout, click here for a special deal and get a free month to see how it works for you. Remember, there are other tools out there but you need to be the judge of what works best for you.
Resources for selling on Amazon's FBA Program:
eBay Coach Facebook Group - Chris is a member and can answer your FBA Scout questions directly on the group page.
Proven Amazon Course
FBA Recipe for Success
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