Download this free spreadsheet for making informed Amazon product sourcing decisions.
How do you evaluate the products you’re thinking about selling on the Amazon marketplace? Keeping track of information such as item rank, FBA fulfillment cost, manufacturer and beyond can be quite time consuming.
If you find yourself wrestling with sourcing decisions and struggling to manage sourcing information to make product comparisons, check out our free Amazon Product Sourcing Analysis spreadsheet. This template is a great reference for which pieces of information you might want to gather and consider before deciding whether to source a product.
You can manually enter data into the spreadsheet to help you make an informed decision. If you prefer to automate the product sourcing analysis process as much as possible, you might want to try MarketScout. This Amazon product research tool allows you to enter minimal information and receive detailed product analysis data for your Amazon business.
To get started, simply upload your CSV of ASINs, SKUs, UPCs or EANs and pricing information to MarketScout. The tool will scout out all of the information you need about each product in a matter of minutes, allowing you to quickly research an entire catalog or other list of items you’re considering.
Sourcing a product that doesn’t sell can be extremely frustrating and costly for your business, especially if you send a large supply into the FBA fulfillment centers only to find that your item isn’t selling. By conducting your own product sourcing analysis, you can evaluate the competitive landscape for each item you might want to sell. Having a good idea of what you’d be up against and how easy or hard it might be to get sales traction with a new product can save you a lot of heartache, money and time.
There are no guarantees in life or as an Amazon seller, but smart sourcing can really make a difference for your business. You can download the free product sourcing analysis template by filling out the form.