Amazon is a platform with abundant opportunities for both new and established sellers. Entrepreneurs, brands, and new retailers are making thousands of dollars every month through Amazon FBA.
But, what they actually doing and making sales while others do not. It is their product. Yes, the product is your horse who runs in the Amazon racecourse. But, before giving a green signal, it is necessary to check the demand of the product. Jungle scout, Amzscout etc Amazon sales estimator tools helps you find the sales potential of a product. But, is it sufficient?
The answer is no. It is not enough to make a product selection. We need to check whether a seller has decreased product price, is it a seasonal product, and is it getting a steady monthly sales. Such analysis will help you in better product selection.
Why to check Amazon product sales and price history?
Analyze demand: A seasonal product lets say a Christmas hat, will have a good demand in December. But, people will neither search nor buy it in rest months. Similarly, school bags have good selling volume when the school starts. But, for rest months, the graph will go down. But, water bottles, lunch boxes will have steady demand throughout the year.
Selling a product that customers are not interested will lead to loss and frustration. So, doing a product sales history check helps you identify the product demand.
Competition: Product price history check helps you identify product competition on the Amazon market. If a product is selling steadily at a fixed price and making good sales as well, it means the seller is not getting much competition on the Amazon. But, if seller is dropping prices by 15-30% frequently, it indicates strong competition.
Amazon product sales rank and price history checker tool 2020
Helium 10 product history check Chrome extension
Helium 10 chrome extension is a free tool available for you to check product history. It shows you up to 90 days product sales rank and price history. Other specifications of the chrome extension in free plan includes X-ray (sales estimator), listing optimizer, keyword research (premium), FBA fee calculator, and product profitability calculator.
Link: https://chrome.google.com/webstore/detail/helium-10/njmehopjdpcckochcggncklnlmikcbnb?hl=en-US
Jungle Scout Chrome Extension
Jungle Scout chrome extension is more than a product sales history tool. This Amazon product research tool features key functionalities including product sales data history, price history, FBA fee, opportunity score, Google trends analysis and many more.