With hundreds of millions of products in its catalog, it’s safe to say that almost anyone can sell just about anything on Amazon. But if you want to earn good money as an Amazon seller, you should be able to maximize your profits. That means finding products that sell quickly with larger profits.

Identifying those products requires lots and lots of time-consuming research. That’s why you need a proper tool to help you sift through all the data and find those diamond-in-the-rough opportunities with low competition and high margins. IO Scout can do just that.

IO Scout is an Amazon product analysis tool that lets you find products with high margins and low competition. Overall, it offers a comprehensive set of features aimed at market understanding and product idea validation. It claims to be “a perfect fit for online and retail arbitrage, dropshipping, wholesale, and private labels”.

Here are 8 benefits of using IO Scout to conduct your product research for Amazon:

Get accurate data at scale

The IO Scout amazon research software covers an impressive collection of over 150 million products and provides detailed statistics for each product, including sales, revenue, and stock status among others. Also, you can apply and save multiple filters to match your preferences. So finding the perfect product idea is just a matter of doing your homework.

Keep tabs on your competition

Learning about your competitors is a great strategy for growing your business. IO Scout includes a product tracker for Amazon that lets you set up bookmarks for any number of products including your own and those of your competitors. You can find products that are in high demand.

The stats in this amazon research software are updated every sixty minutes so you can always have fresh data.

Discover trends and glean insight

IO Scout makes it easy to identify trending products on Amazon. Moreover, since you can access the history of every product, you can gain actionable insight in order to minimize risk and further improve your odds of launching a highly successful product.

Calculate your profits with ease

The amount of profit a product makes per sale is determined by taking the sales revenue minus the costs, such as Amazon fees and advertising. Amazon does most of the heavy lifting for you, like packaging and shipping, so that you can focus on creating amazing products and building your brand.

But this convenience does come at a price. In order to make your business profitable, you need to understand how Amazon fees work, but doing the actual math can be a bit tough. That’s why IO Scout has developed a very simple tool that lets you know what amount of profit you can expect.

Streamline analysis using the chrome extension

Doing product research for Amazon can be a tiresome and confusing process given all the data points and stats you have to keep track of. But it starts to get frustrating when you have to switch between multiple windows all the time. IO Scout’s Chrome extension saves you from all this trouble by allowing you to browse niche data right on Amazon pages.

Get your team involved

If you’re not a solo entrepreneur, you can share the workload with your team so you can achieve better results faster. This feature works for small to medium teams since IoScout lets you connect up to 10 people to your account.

Only pay for what you need

Obviously, different sellers on Amazon have different research and analysis needs. As a you start your journey into becoming an amazon seller, you probably won’t need to keep track of many products, but more expert users and teams usually need to track many products since they sell more than one item on the platform.

IO Scout offers three plans starting at $29 per month, but if you pay upfront for a year, you can get a hefty discount. Although all the plans have a complete set of features in this amazon research software and provide 24/7 customer service, the Chrome extension is excluded from the start-up plan. Larger plans have more tracking capacity and export more rows to a spreadsheet.

All the plans come with a free trial period so that you can test-drive IO Scout before making a commitment.

Have all your questions answered immediately

IO Scout’s 30,000+ customers are generally satisfied with the great service and support that they receive. The company has responsive, friendly, and helpful support staff who are willing to go the extra mile to keep their customers happy. There is a huge number of tools available for Amazon sellers, including Jungle Scout and Ama top product analyzer. However, given its capabilities, price, and large community of satisfied users, IO Scout seems to be a great choice for anyone trying to launch or build their career on Amazon.

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