5 eCommerce Tools Sellers Should Be Using

Every entrepreneur has a few eCommerce tools that they use to help them build their business. Whether it’s simple tools like Google Sheets or highly-specialized software to guide operations, we all have something. The simpler tools work well enough for our purposes in the beginning. But as a business grows, the need for expert tools will inevitably emerge.

If you want to get operations under better control, you will need eCommerce tools that understand the different tasks and processes. Dedicated tools are specifically designed to help business owners automate daily assignments and streamline procedures. They are indispensable to the entrepreneur who wants to scale quickly and effectively.

What eCommerce tools should you be using to help you run your store?

This is the question that troubles any business owner who has tried to do a simple web search. So many different eCommerce tools exist that it’s difficult to know which ones are truly essential.

Since every business is unique and every entrepreneur has distinct preferences, identifying the single best ones is not practical. You could be on Magento or WordPress or Shopify or Amazon. These platforms all have their own specialized eCommerce tools. The list would be too long to be worth your time.

We can, however, pinpoint the areas of business that can most greatly benefit from the use of eCommerce tools, and name a few that have good features. No matter which platform you are using for your store, these are 5 eCommerce tools that you should be using:

(1) Product Sourcing Tools

Do you remember what it was like back when you were hunting for your first product to sell? You probably spent long hours and weeks searching away on the internet and poring over catalogs and emailing suppliers from around the country and world. It was a great exercise that no entrepreneur should skip, but it doesn’t have to be this way all the time.

Use an eCommerce tool like the ones below to help you consistently identify new products to sell as you expand your offerings.

JungleScout

This is an awesome web app with an Amazon Product Database. Use it to help you find profitable products with product size, sales, number of reviews, and other features. JungleScout also has a Product Tracker that monitors factors like the competition’s pricing, profit margins, and inventory. Here’s their product database demo:

RevSeller

If you are looking for new products directly on Amazon, Rev Seller calculates potential profits for you. It’s a Chrome Extension that renders the calculator right on your screen for easy access. Probably the best feature is that it automatically imports the seller price so you don’t have to type it in manually. A real time-saver! RevSeller also allows you to check if you are eligible to sell the product with one click.

RevSeller has a 30-day free trial so you can test it out, and is $99 annually after that.

Scanalyze

If you’re doing online arbitrage for Amazon, Keepa, Traktor or CamelCamelCamel, Scanalyze is a great eCommerce tool. Also a Chrome extension, it gives you one-click access to pre-populated buy and sell price data. By entering a sale price and cost, Scanalyze dynamically calculates what you can expect in terms of Amazon FBA fees, net profit, ROI, and margins. It also gives you the buy box price, FBA offers, MF offers, used offers, sales rank, category, size and weight of the product. Additionally, price history is available on Keepa.

(2) Inventory Management Tools

Keeping track of inventory can be one of the most time-consuming tasks because it has to be done regularly. Skipping this can lead to stock-outs that will skew your profits and discourage customers from returning to your store.

Use an eCommerce tool for inventory management to stay organized and up to date on every product on your store.

To find out more information continue reading this column on ConnorGillivan.com