The ecommerce sector is predicted to proceed it is progress to a staggering $8+ trillion by 2026, so it is no shock that crafty entrepreneurs are always vying to get their slice of the pie.
And about that ecommerce pie… Amazon consumes nearly 40% of complete on-line retail gross sales which makes {the marketplace} a tasty proposition for on-line sellers.
One of many massive challenges that Amazon sellers face, nevertheless, is understanding what merchandise to supply and promote on Amazon.
Purchase a heap of stock with out doing all your due diligence, and you will quickly have a storage filled with merchandise that are not promoting. Sadly, this isn’t an unusual state of affairs.
That is the place Amazon vendor software program instruments come into play. There’s an app for every thing, and the nice ones are price their weight in gold. A superb piece of Amazon vendor software program can actually prevent a fortune.
A type of good ones is Scan Limitless. A revolutionary device that helps you “scan” wholesalers to search out worthwhile merchandise to promote on Amazon.
Sound straightforward, proper?
Properly, not precisely. It is easy however not essentially straightforward. By the tip of this Scan Limitless overview, nevertheless, you will understand how you need to use this device to your benefit relating to sourcing in your Amazon enterprise.
Let’s dive in.
What’s Scan Limitless?
We’ll go into the finer particulars of the Scan Limitless options later on this article however in a nutshell, Scan Limitless permits you to add giant product lists and filter out “good” merchandise from the “dangerous” ones. You are able to do that is simply seconds with Scan Limitless, which might take numerous hours in the event you went the handbook route.
What makes a very good product? In the end, a worthwhile product is an efficient one. Who woulda thought?
Calculating profitability is much extra detailed than merely the price of items in comparison with the promoting worth on Amazon, nevertheless.
Firstly, you must take prices under consideration equivalent to transport prices, charges, commissions, storage prices, and fulfilment prices to call just a few.
Then you must assess your competitors on Amazon, and consider how lengthy its going to take you promote your stock.
All of these items matter, and that is the place Scan Limitless turns out to be useful.
How Does Scan Limitless Work? [Step-by-Step]
First, you will wish to get your self a CSV of merchandise from a wholesale provider. This implies you must signal as much as a wholesale web site like Wholesale Central, or use different strategies discover a wholesale provider to supply merchandise.
As a aspect be aware, you do must have knowledgeable vendor account on Amazon to make use of Scan Limitless. This lets you combine the software program together with your vendor account and extract information from Amazon.
As soon as you’ve got received your palms on a wholesale checklist, you may get began with Scan Limitless.
Step 1 – Load Your Record of Merchandise into Scan Limitless
This step is sort of self explanatory. Load your checklist, select the information by which you wish to search by. I like to recommend UPC (or EAN if you’re scanning the UK market). Be sure to choose the suitable market.
Hit begin and the software program will go to work!
Step 2 – Filter Your Scan Outcomes
As soon as your scan has completed, you wish to begin removing the merchandise that are not appropriate or worthwhile. You may additionally wish to take away columns that are not related to your search. You’ll be able to toggle columns on or off utilizing the attention icon.
Now it is time to begin including particular filters to your information.
A few of the filters you need to use are as follows:
Gross sales Rank
A decrease gross sales rank is healthier, so that you may enter a filter of “lower than or equal to 120,000”. You wish to use this to make sure the merchandise you are evaluating are going to promote in a good period of time.
Provides
You need opponents, however not too many. Use the supply filter to point out solely merchandise which have round 10 or much less opponents. You must also be sure this filter is about to point out merchandise with no less than 2 or 3 provides. This may guarantee you’re removing personal label provides.
Internet Revenue
Filter out merchandise that do not have no less than a pair {dollars} internet revenue. This may sound low, however its okay to begin out this manner and enhance the minimal internet revenue filter if required.
ROI
Much like the web revenue filter, there isn’t any hurt in setting the ROI filter low and both negotiating higher costs with a wholesale or simply growing this filter at a later date.
Class
You could not want to make use of this filter, however it’s helpful to eradicate product classes that you’re not authorized to promote, or ones that you just wish to keep away from.
Step 3 – Assess & Supply Profitable Merchandise
In case your scanning outcomes and standards filters have revealed some probably worthwhile merchandise, it is time to do some little bit of handbook work and double verify the information.
This implies checking on Amazon, working them by means of Keepa, after which seeing in the event you can supply the merchandise for the most effective worth attainable earlier than lastly placing in your order.
It is tempting to skip this final step, due to its handbook nature, however it’s so darn essential. Do your self a favor and do not skip this step, you will thank me later.
For those who’re not able to go down the rabbit gap for every product simply but, you possibly can all the time save them for later and entry them within the “Product Folders” part in your dashboard.
Scan Limitless Pricing
My analysis tells me that lots of people appear to be trying to find “learn how to get Scan Limitless at no cost”, and the excellent news is… Scan Limitless now has a free plan!
This wasn’t all the time the case, however now you can join Scan Limitless’s free “Restricted” plan and scan one CSV file per thirty days with out having to pay a cent. You get the vast majority of the traditional options accessible to you, with the principle restrictions being that your file can have as much as 10,000 merchandise in it and also you get a capped scan pace of 300,000 merchandise per hour.
Restricted Plan: $0 per thirty days, with restricted (however excellent) options.
Limitless Plan: $70 per thirty days, $60 per thirty days when paid yearly.
Limitless Plus Plan: $100 per mont, $90 per thirty days when paid yearly.
All paid plans include the next options:
- Limitless month-to-month file uploads (free plan permits simply 1 file)
- 100,000 merchandise per file (10,000 at no cost plan)
- 300,000 merchandise per hour scan pace for Limitless plan, 600,000 for Limitless Plus plan
- Hold Charts with Gross sales Rank Historical past (fundamental Keepa Charts at no cost plan)
- Product Element Entry
- Automated Backups
- Energy-Up Function
The Limitless Plus Plan additionally offers you the next added options:
- VIP Reductions
- 0-to-Freedom On-line Course
- Each day Picks – get 6 each day product leads added to your dashboards.
- Reimbursements Plus – automate your Amazon reimbursements and refunds.
- Stock Management – entry to “SoStocked” stock administration software program options.
Scan Limitless Most important Options
This software program has a heap of options which might be helpful to Amazon sellers, however first we’ll break-down and clarify its three important options that make it so good.
- Bulk Scan
- Product Particulars
- Chrome Extension
1. Bulk Scan
If it wasn’t already apparent, Bulk Scan one of many important options of Scan Limitless. As proven within the step-by-step tutorial earlier on this article, the Bulk Scan options makes it straightforward to add large CSV information of merchandise and scan them in opposition to the Amazon market, returning over 60 information factors for every product.
The Bulk Scan function goes past mere product discovery by providing superior filter choices based mostly on historic information evaluation.
Sellers may also verify metrics such because the product’s final look within the Purchase Field, common gross sales rank spanning 30, 90, and 180 days, and monitor overview counts and scores.
The Bulk Scan will show you how to make extra calculated selections by choosing merchandise with not solely a secure gross sales rank but additionally a promising ROI.
2. Product Particulars
Scan Limitless’s Product Particulars function gives customers with intensive perception into Amazon product listings. This function integrates Keepa Charts, which is among the greatest instruments for understanding product pricing and gross sales rank traits over time.
Animated gif courtesy of Scan Limitless
With entry to 30, 90, and 365-day worth and gross sales rank historical past, sellers can discern whether or not present ranks or costs characterize anomalies or constant traits.
There’s additionally a pleasant Revenue & ROI Calculator contained in the Product Particulars device which is nice for checking revenue predictions previous to sourcing.
3. Chrome Extension
The Scan Limitless Chrome Extension is primarily used to verify for IP alerts. A warning image ⚠️ seems subsequent to the model title if there are IP alerts, however I’ll be completely sincere right here and say that I discovered this extension to be slightly buggy.
This model may be very well-known for IP complaints, however it was not displaying up within the Scan Limitless database. I had the identical outcomes with many different well-known manufacturers that lodge complaints, so this tells me that the Scan Limitless IP alert database is not as complete as one thing like the unique IP Alert device.
Here is the identical product, with the alerts displaying up utilizing the IP Alert chrome extension. If you would like the greatest IP Alert Chrome Extension, I’ll give a shameless plug to my very own creation. It truly is essentially the most intensive database of manufacturers which might be identified to serve up IP complaints, and it is also inexpensive. Try IP Alert, you will not be disillusioned.
To be honest to Scan Limitless, their IP Alert function does not have a lot to do with the Scan Limitless software program in any respect. It is extra like an add-on bonus software program, so it hasn’t lowered my excessive opinion of the software program as a complete.
Extra Options of Scan Limitless
As I discussed beforehand, Scan Limitless gives a variety of options for its customers. Though some have been defined beforehand, I might wish to make transient point out of a handful of different options that may ease the lifetime of Amazon sellers slightly.
Estimated Gross sales
Scan Limitless gives estimated month-to-month unit gross sales information for merchandise throughout the US market. This useful perception helps sellers gauge demand and estimate profitability earlier than sourcing stock.
Overseas Currencies
With help for over 200+ currencies worldwide, Scan Limitless ensures flexibility and accessibility for sellers working in international markets.
Revenue Calculation
Scan Limitless automates revenue and ROI calculations by including all related charges, commissions, and prices related to promoting on Amazon. This function gives sellers with correct monetary projections.
Restriction Test
Earlier than sourcing merchandise, Scan Limitless permits sellers to establish if a selected ASIN or model is at the moment restricted on Amazon’s platform. The strategy will be helpful in avoiding funding in stock which will encounter itemizing or promoting restrictions, saving time and assets. As talked about although, you may be higher off utilizing an extension like IP Alert for this.
Competitors Evaluation
Sellers can conduct complete competitors evaluation utilizing Scan Limitless, gaining insights into all competing provides and figuring out the present holder of the Purchase Field. This function helps sellers in understanding market dynamics and formulating efficient pricing and promotion methods.
Small & Mild
Scan Limitless immediately identifies merchandise that qualify for Amazon’s Small & Mild program, which provides decreased success charges for eligible objects. I discovered this function helpful for sellers to capitalize on cost-saving alternatives and optimize their stock choice.
Hazmat Test
Recognizing merchandise labeled as hazardous supplies (Hazmat) by Amazon, Scan Limitless helps sellers make sure the secure dealing with and cargo of stock.
Continuously Requested Questions
Scan Limitless is a web-based scanning software program particularly made for Amazon sellers, serving to them analysis and analyze potential merchandise at bulk scale.
Scan Limitless basically has a life-time free plan, with restrictions. You’ll be able to scan 10,000 merchandise a month with out each having to pay for a subscription. For those who’re severe about your Amazon enterprise, this would possibly not be sufficient scans however it actually is a good begin.
Scan Limitless streamlines product sourcing on Amazon by providing bulk scanning capabilities and extra options equivalent to estimated gross sales quantity, gross sales rank, and revenue and loss calculations.
Sure, Scan Limitless is a extremely efficient device for analyzing wholesale stock lists. Its bulk scanning performance allows sellers to effectively assess giant stock lists, whereas options like Revenue Calculation and Competitors Evaluation present detailed insights into profitability and market dynamics.
The Last Phrase on Scan Limitless
In the end, the most important profit you get from a device like Scan Limitless is the time saving issue. The flexibility to scan merchandise at scale and use superior to filter out the lifeless wooden is invaluable.
Is it an ideal device? In fact not, however it’s excellent for bulk scanning an inventory of wholesale merchandise and selecting winners.
I might suggest this software program to anybody who’s desirous to get into promoting on Amazon, both as an internet arbitrage vendor or aspiring wholesale vendor.
Get your free plan for Scan Limitless right here, and good luck in your Amazon journey!
