Market Intelligence, the Amazon product research tool you know and love, is getting an upgrade.
Making a purchasing decision is the most important aspect of running your own Amazon business. A great product with plenty of potential can lead to huge sales. Conversely, poor products can sink your business before you even get started.
That’s why having a trustworthy product research tool is so important. The right tool can tell you almost instantly how much potential your products have. Market Intelligence has provided sellers with the best product data, and now Viral Launch’s product research tool is even better.
With Viral Launch’s upgrade to Market Intelligence, you can get even more accurate data to make better product choices.
Not only does Market Intelligence have a snazzy new design, but a new cost calculator function gives you a better, more accurate estimate of your costs (and profits!).
Better, More Accurate Product Research Results
The biggest change to Marketing Intelligence is the “Cost Calculator” tab, which features a fully integrated FBA calculator.
Market Intelligence already provides you with the market data and insights you need to make an informed sourcing decision to find a profitable product. Now you can learn:
- How much you will need to invest
- The number of units you should order to meet your goals
- Potential profit you can make in that market
The FBA calculator allows you to change every variable to get a truly customized solution. You can choose:
- Whether you want a conservative or aggressive selling approach
- The price you will sell your products
- Your purchase price, and so much more
As you change each data point, the corresponding results will upgrade to show you how much you can expect to spend up front, how much inventory you should order, and your potential revenue and profit.
Market Intelligence Update
Market Intelligence provides you plenty of data to make a smart product purchasing decision. The Top Sellers tab shows data about each brand, BSR, historical sales, monthly revenue, price, unit margin, review rate and more.
You can also view market trends and take a look at Viral Launch’s analysis of the product.
Not only does a new design improve the look, but the Cost Calculator provides more data.
The Cost Calculator allows you to change most granular data points for all of your potential products. Now you can quickly and easily see how much it will cost to enter the marketplace, how much you will sell, and your projected return on investment.
You can view your estimated upfront costs, monthly expenses, monthly profit, and net profitability based on the number of units, sales information, diligence costs, product promotions and software and service expenses.
Run Product Comparisons
Trying to decide between two or three different products? Want to know your potential profit at different landed costs and price points? It’s even easier to make comparisons and decide which product makes the most sense for your Amazon business with the new Market Intelligence.
New comparison capabilities let you run side-by-side tests to see how changes to order size, landed cost, selling price, and more will change your results.
The Best Product Research Tool
Unlike other FBA calculators, Market Intelligence incorporates sales data into searches. What does that mean for you? You are given realistic investment and revenue projections based on the the exact market you want to enter. Sales data integration in the Cost Calculator tab provides with you a more accurate assessment of the investments you will make and the reward you will receive.
The Most Accurate Data
Market Intelligence provides Amazon sellers with the most accurate sales estimation data of any product research tool on the market. Nightly algorithm updates ensure that the data you receive always reflects the most recent info.
Amazon Data Incorporated
It only makes sense to incorporate Amazon data into your decision-making process. Market Intelligence allows you to do just that by leveraging billions of real Amazon data points. So not only can you see the Amazon trends, but you can also predict the future of the market and avoid selling a product with a short lifespan.
Market Intelligence Can Improve Your Business
The wrong product research tool could cost you thousands of dollars, either because of lost income potential or choosing a product that’s a complete bust.
Market Intelligence’s new update ensures you have all the information you need all in one place so you can make the best product decision and start your Amazon business with fewer risks.
Take a look at the new updates to Market Intelligence.
Latest posts by Lindsey Tod (see all)
- 3 Crucial Scores for Your Amazon Keywords - March 14, 2018
- Do 90% Off Promotions Still Work for Ranking Amazon Products? - February 14, 2018
- Now Available: Digital Coupons in Amazon Seller Central - November 16, 2017