If you've been reading this blog for a while you've probably noticed that I've been tracking my Amazon FBA profits to the penny. Every single library book sale, thrift store, and other sources are tracked so I know whether to return to the same place in the future. It also helps me to make informed decisions regarding my buying parameters and repricing strategy. Right now, my average profit for a library book sale is $439.91. Nothing life changing, but it's a great way to make some extra money and get out of the house at the same time.
I've been able to do this using a software program called Inventory Lab. They are the only FBA listing program (that I know of) that offers listing, bookkeeping, and analytics. If you're interested in a free one month trial and a bonus, please keep reading. Here are the benefits for their Listing, Bookkeeping, and Analytic features. You can also view this on their website as well.
|Turbo fast listing.||Cut down time on repetitive tasks.|
|Print individual labels.||Removes the need to manually sort labels.|
|Save your buy cost details.||For FBA Sellers, removes the need to manually sort labels.|
|View your total net profit by batch.||Know your profits while listing.|
|View average sales rank.||Helps source the right products.|
|Track business expenses.||Let go of tedious excel spreadsheets.|
|Export inventory reports to excel.||Avoid typing or recreating your reports.|
|View sales breakdowns.||View all your sales and export them from one place.|
|View net profit for each sale.||Effectively manage your time by using our formulas.|
|View net profit by date.||Know how much you’re making per day.|
|Profit and loss report.||Utilize report for submitting your income tax.|
|Expense graphs.||Adjust expectations and change behaviors to increase profits.|
For a one month free trial, please go to InventoryLab.com. If you sign up before January 31st, 2014, I will also throw in a free copy of Adam Bertram's book, How to Source Used Books ($27 value). Just email me after signing up, and I will send you the eBook.