AMZScout has a sales estimator that estimates your potential product sales.
To give a sales estimate, this tool accounts for factors such as product demand, competition, and market trends. With this information, you can make data-driven decisions when selecting and launching your products on Amazon.
Additionally, the AMZScout Sales Estimator is free and doesn’t require registering an account.
I’ll show you how to use the AMZScout Sales Estimator to predict your average monthly sales numbers for specific Amazon categories.
- The AMZScout Sales Estimator helps you predict the average monthly sales of a particular product on the Amazon marketplace.
- You can evaluate a product’s potential for success and understand the required inventory levels, estimated profits, and cost of goods sold (CoGS).
- The AMZScout Sales Estimator is available for free.
What Information Do You Need to Use the AMZScout Sales Estimator?
The AMZScout Sales Estimator uses these three parameters to gauge how many units of a product you may sell on Amazon every month.
The AMZScout Sales Estimator requires you to select a specific Amazon marketplace (country) to calculate sales. AMZScout supports nine marketplaces:
This is important since different products have varying demand levels across multiple marketplaces. For example, winter jackets will sell more in the USA than in Mexico.
Best Seller Rank (BSR)
The Best Sellers Rank is an exclusive ranking system implemented by Amazon for all products with at least one sale.
A single product can have multiple BSRs, as it may be listed under different categories, with each category having its own BSR.
Amazon Product Category
Since a product can be listed under various categories and have multiple BSRs, entering the product category is crucial.
You’ll find a list of several product categories, such as appliances, books, and automotive, by clicking the “Select Category” button on AMZScout’s sales estimator.
How to Use the AMZScout Sales Estimator?
Here’s how to use the AMZScout Sales Estimator to approximate your average monthly sales:
- Go to the AMZScout website.
- Click “Tools” and select “Sales Estimator.”
- Enter the country (Amazon Marketplace), Amazon Product Category, and BSR, then click “Calculate Sales.”
- In my example below, I requested the sales estimate of the 70th best-selling item in the Electronics section of the Amazon US marketplace. The estimate revealed that this item sells around 10,552 units every month.
It would be best to refer to a product’s sales history to accurately represent its sales, as the monthly sales data tends to vary consistently.
How Accurate Is the AMZScout Sales Estimator?
There’s an ongoing debate regarding the accuracy of the AMZScout Sales Estimator.
According to AMZScout, their estimates are up to 90% accurate. However, independent testing suggests that the accuracy is more likely to be 70-80%.
I recommend partnering the AMZScout Sales Estimator with other tools like AMZScout’s product research tool to get the most accurate picture of a product’s sales potential.
Hence, you get to make informed decisions about whether or not to sell it on Amazon.
What AMZScout Pricing Plan Offers the Sales Estimator?
The AMZScout Sales Estimator is free to access, but its capabilities on the free plan are limited. Upgrading to a paid plan (PRO Extension or Seller’s Bundle for Amazon) gives you access to monthly sales estimates and data on the estimated monthly revenue, FBA fees, and net profit.
Which AMZScout Alternatives Offer a Sales Estimator?
While the AMZScout Sales Estimator is excellent, it’s still not the market’s most accurate sales estimator tool.
Here are the top alternatives that are just as good or even better:
The Jungle Scout Sales Estimator is widely regarded as the best tool in the market.
The company has made significant investments in developing its algorithms to ensure the most accurate estimates compared to other tools on the market.
The precision of Jungle Scout data is well-established and evident in its calculations.
The Jungle Scout Sales Estimator tool utilizes three parameters – sales rank, marketplace, and category – to determine the average monthly sales.
And the icing on the cake is that you don’t need to sync your Seller Central account to use this tool.
The Helium 10’s Sales Estimator uses data from Amazon’s API to estimate the number of units sold for a product in the past 30 days. It considers the BSR, marketplace, list price, and product category to provide monthly estimates.
The Helium 10 Sales Estimator is a free tool, but you must install the Helium 10 Chrome Extension.
Apart from calculating your estimated sales, SellerApp’s free Sales Estimator can help you know the number of units your main competitor sells.
It can also evaluate the number of units you need to sell to rank on the first page for the most popular keywords related to your top product.
Make Data-Driven Decisions With AMZScout Sales Estimator!
AMZScout’s Sales Estimator provides accurate and reliable sales estimates for Amazon products. This powerful tool has proven invaluable for sellers looking to make informed decisions and strategize their sales and marketing efforts.
With its user-friendly interface, comprehensive data analysis, and customizable features, AMZScout’s sales estimator is a must-have tool for any Amazon seller looking to succeed in the highly competitive marketplace.
Want to find out what AMZScout Sales Estimator has to offer? Sign up for a free trial and use the tool to grow your Amazon business.