The platform enhances usability by offering resources like blogs and a demo, allowing potential users to explore Sellerboard’s functionalities and understand its potential before committing to it. Inventory Lab offers comprehensive reporting covering sales, reimbursements, profits, and losses, allowing thorough monitoring of your store’s finances and performance. The trends section provides you with a monthly breakdown of your item sales. It’s mainly based around replenishables, which I don’t have on this account.
Every time you log an expense, it will adjust the figures that you are shown in the dashboard. If we quickly head back to it after entering the test expense of £100 we will see that the figures are updated. You can also view Charts related to your performance, all in the same section. I think the forecast is also a really good tile, as it offers you a realistic target that you can achieve.
Additionally, to access their “insights” reporting feature, an extra $25 per month is required. In contrast, Sellerboard’s starting price is only $19 per month, giving how to spell bookkeeping and how to misspell it too it a significant price advantage for those beginning their journey. But Sellerboard isn’t just about tracking money; it also helps you manage your inventory to avoid running out of stock or overstocking, and it gives tips on how to increase your sales and profits.
Control FBA Warehouse Distribution
It primarily provides email support, ensuring direct and personalized assistance. Sellerboard offers an intuitive interface designed to be user-friendly and straightforward. The dashboard is clean and well-organized, making it easy for new users to navigate and understand the key features without feeling overwhelmed. This simplicity in design ensures a gentle learning curve, allowing users to quickly grasp the software’s functionalities and focus more on strategic business decisions rather than technical complexities.
While it’s recognized for comprehensive functionality, some users point out the initial learning curve involved. By now, knowing from my experience, I can totally support you to try out and check the software according to the desired time that you want whether it can be a current day or monthly or other date range. Also, you can check per item cost to have a better eye at proceeds and each item-level margin. Once the price of units is entered, sellerboard creates a precise Loss Profit tally which gets very useful for my business. SellerBoard offers competitive tiered pricing starting at $19 per month, making it more affordable for beginners.
It basically adds the data into your system, so it’s visible in a single hub. It’s not for FBA Arbitrage sellers, but moreso for Private Label Sellers. These recommendations serve as a foundation for refining your advertising initiatives. hard costs vs soft costs for office construction budgets Moreover, bid automation can be established, allowing sellerboard to autonomously fine-tune bids according to your profitability and ACOS goals.
InventoryLab:
- InventoryLab is one of those software that give you all benefits but sadly restricts you with one plan i.e. $50 per month, which includes a 30 days trial.
- As we sell other manufacturers brands predominantly via this channel at Learn Retail Arbitrage, we don’t have to pay for advertising costs.
- The trends section provides you with a monthly breakdown of your item sales.
- Sellerboard offers an intuitive interface designed to be user-friendly and straightforward.
- This simplicity in design ensures a gentle learning curve, allowing users to quickly grasp the software’s functionalities and focus more on strategic business decisions rather than technical complexities.
- Additionally, sellerboard will automatically add a new batch with COGs on the Products page when the status of the PO will be changed to Closed.
If you are working with Distributors, you get the option to add an email address, which temporary account examples would be really useful for organisation. The amount of times I have searched through my inbox, only to have lost an important email… but this tool stops that from happening. Depending on the PO status, ordered and prep center quantity will be automatically changed on the Planner page.
Inventory Lab Features
This can be a great help when you are doing online arbitrage sourcing as you can jump straight in and grab the best deals. With Online Arbitrage Deals (OAD) you will get a team of Virtual Assistants who find you the most profitable products from online stores every day. They now include the ‘BuyBotGo’ mobile app so you can scan products while doing retail arbitrage and see all the vital data to help pick products. SourceMogul can quickly scan hundreds of online stores searching for the best deals. You can then filter for the criteria that best suit your overall strategies. You can adjust filters for profit, ROI, sales volume, category, cost price, and many more.
Products
Below these tiles, you will see a breakdown for the performance for that period. Sticking to yesterday, you will see further confirmation of the products that were ordered. You will see that Gross and net is still the same, but that’s because I’ve had no expenses today.