Tracking your net profit while selling on Amazon is not only smart and motivational, but a necessity. You need something that’s a one sized fits all. Unfortunately, that software doesn’t yet exist, but we CAN get you awfully close.
First, let’s start with what won’t be included in these software suggestions:
It’s best to use Quickbooks or Xero to help keep track of all of your business’ financial aspects. In here, you can set up recurring charges like the ones listed above as well as set up payroll and taxes.
To give you an idea of your true net, you will need a robust software that can not only keep track of your importing fees (like shipping and duties), but your Amazon fees as well. Let’s check out a few of the best to see what they have to offer, so you can choose which is right for you.
$49.97/month – Discounts for quarterly or annual payments
With the Manage By Stats software, you can view and analyze the following data:
Sales and Transaction Data
It is currently available for the US, UK, Canada, Italy, Germany, India, Spain, and France marketplaces. Payments are amanged by Paypal and Amazon Payments and can be canceled at any time by logging into one of these accounts.
$97 - $297/mo
Hello Profit offer s a gorgeous dashboard, with easy to use navigation, graphs, and reports – all at your fingertips. You can easily track
You also get access to Product Genie which allows you to
These tools allow you to see
While you can cancel at any time, you do need to supply a credit card for auto-billing. All future upgrades are free and you get the Bonus Product Genie tool.
$77 - $499 Depending on how many monitoring credits you want
With Sellics, you truly have an all-in-one solution. Their monthly package comes with all of the below:
While the monthly price does enable access to all product tools, the price differences for packages include credits which are used to monitor products or keywords. The $77/month plan offers 100 credits, which translates to 100 products or keywords or combination thereof. Packages go up to 3000 credits.
Sellics requires no credit card, expires automatically (no need to cancel), and you can easily upgrade or downgrade at any time.
For the money, Sellics offers the most comprehensive and easiest to use interface, functions, and features. Whatever you choose, make sure to stay on top of all of your income and expenses to get the best picture of how your Amazon business is going.