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Make Faster & Smarter Buying Decisions With MarketScout

by Jeanne Croteau

Learn how to make smart, quick sourcing decisions with eComEngine's MarketScout tool. In this training video, the eComEngine team provides an overview of how to use MarketScout to make smart sourcing decisions. You’ll learn how to find the information you need about ASINs, UPCs and EANs, including the category and rank, lowest FBA price, lowest overall price and more!

Best of all, you’ll discover how this easy-to-use Amazon product research tool can save you valuable time and money when researching a product catalog or a list of UPCs.

Getting Started with MarketScout

As Senior Customer Success Advisor Jennifer Nuñez explained, one of the very first things you should do is check the validity of a UPC, verify the manufacturer of a product and confirm GLN (location) assignments using the GS1 Company Database through the Global Electronic Party Information Registry (GEPIR). This resource also provides basic contact information for companies that are members of GS1.

The next step is to get familiar with Amazon shopping events such as Prime Day, Black Friday and Cyber Monday. Plan your sales and inventory strategy ahead of time. MarketScout can help you research thousands of products in minutes.

In the presentation, Nuñez walks you through getting started with MarketScout. She provides guidance on what information is needed, navigating the dashboard, downloading the template and more. You don’t want to miss this step-by-step training!

Best Practices & Tips

Once you’re ready to dive in, you’ll want to get familiar with the best practices shared by Senior Technical Support Analyst Franz Valmonte. He provides great tips on how to complete and optimize the template before uploading to MarketScout.

By watching this video, you’ll also get a glimpse of what you’ll find in the report generated by the tool, including:

  • Seller competition
  • Lowest price
  • Rank and category
  • Manufacturer info
  • Profit calculations

“MarketScout offers FBA market intelligence quickly, painlessly and allows you to look up huge batches of UPCs, EANs, or ASINs at a time,” Valmonte explains. “In seconds, MarketScout generates a report that gives you tons of actionable data.”

Ready to ditch the spreadsheets? This tool is a game-changer! Perform accurate market research in a fraction of the time and make smarter, more strategic inventory decisions. Let eComEngine help you take your business to the next level — watch this video and take that first step towards success. The sky’s the limit!

Originally published on July 25, 2019, updated October 14, 2019

This post is accurate as of the date of publication. Some features and information may have changed due to product updates or Amazon policy changes.

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