#Get scoutify with inventory labs pro
#Get scoutify with inventory labs trial
#Get scoutify with inventory labs free

#Get scoutify with inventory labs pro

You don't need to enter your Amazon FBA fees (inbound shipping, pro membership, selling fees), but you'll need to enter your “outside” expenses. If you plan on using InventoryLab for your Profit and Loss, then this is where you'll do it. Here are the main topic areas of each of them: The next two sections are Accounting and Analyze. For example, if you follow the 3X Rule, you'll want the “Total in-Stock Sales Value” to be 3 times higher than the “Total in-Stock Buy Cost.” This data should give you an idea of the average ROI to expect for your items. On the bottom of the screen, you'll see your total buy cost and sales value.

I've been spending most of my time here as I've been going through each inventory item and adding in the buy cost, store name and purchase date. It's nice that you can sort by the different column headings. Inventory: This is where you view your inventory and it's pretty much what you'll expect – a listing of your inventory items. Once I do a few shipments with InventoryLab, I'll let you know how it compares to my Excel system. If you're using a laser printer, you'll print your 30-up labels in Seller Central. Setting up Your DYMO 450 to Work with Amazon's Scan & LabelĪccording to InventoryLab's User Guide, InventoryLab has a DYMO printer option. Tracking Amazon FBA Inventory and COGS in Excel I have a couple of posts that explains my system in more detail: Then for every item sold, find the buy cost in the Inventory spreadsheet and enter it into the Sales spreadsheetĭon't get me wrong, my Excel system works and isn't too bad for a small number of transactions.Every night, go to Seller Central and copy the current day's transactions into Excel.Copy my MISKU number from my Inventory Page and paste it into Scan & Label so I can print my label.List products in Amazon Seller Central, go to Amazon's website to do product research and use the FBA calculator to check profit.From what I understand, it should eliminate a few steps of my current process:

List: This is where you list your products and print your labels (requires compatible printer). However, it seems to drain my iPhone 5c battery down to 20% charge after two hours of scanning. I used it with my Scanfob 2006 for a few hours last Sunday and it was easy to figure out. To take your sourcing to the stores, InventoryLab also has a phone scouting app called Scoutify. Scout Screen – I'm not selling that printer, just needed a product to use as an example. Just like your phone scouting app, it'll give you real-time data such as selling price, number of sellers and net profit. Research: This brings up the Scout program which is used for online sourcing. To get started, here are the main subject areas of InventoryLab: Once I get going with it, then I'll go over the program in more detail. In this post, I'm just going to give a brief overview of InventoryLab.

#Get scoutify with inventory labs free

If you haven't tried out InventoryLab, be sure to sign up for their free trial! What's great is that all of data from one year ago is still in my account today.

#Get scoutify with inventory labs trial

Please note : I signed up for InventoryLab's free trial one year ago, but didn't spend too much time using it as I couldn't justify the monthly fee back then. Plus, I'm interested in seeing my per-shipment and individual sku profitability. Plus, I've been making data entry errors which isn't good.įrom what I've seen posted in the Amazon FBA Facebook groups, InventoryLab speeds up the list/label/ship process and it's easy to track your cost of goods sold. Right now, I have a lot going on and need to improve my time and efficiency. As my volume has increased, so has the amount of time that it takes to enter my data. Not only that, I bought an annual subscription to save a little bit of money off the subscription fee.īecause I've finally outgrown my Excel spreadsheet system. After 14 months as an Amazon Seller, I finally signed up for an InventoryLab subscription.