How to Assess True Amazon Revenue with Profits – New Helium 10 Tool
Posted on: September 11, 2018 | Posted by: Helium 10 |
Helium 10 has a new tool available in beta to help you calculate your Amazon revenue and expenses over time: Profits!
The Profits tool shows a variety of analytics that gives users a look at their Amazon business’ financial status in one place. Find out where your money is coming and going with this all-in-one tool from Helium 10!
Check out this video about Profit’s Amazon revenue capabilities:
See Your Amazon Revenue In a Whole New Way
Gross Revenue & Net Profit
See your private label gross revenue and net profit for today, yesterday, the last 7 days, and any custom range of time you choose.
Using data from yesterday and the day prior to yesterday, Profits calculates which products in your Amazon storefront are increasing in revenue and which products are decreasing. This information is helpful in quickly identifying fledgling products so you can decide the appropriate action to take.
This section expands on the data in the first section, adding analytics from 30 days, month-to-date, and year-to-date measurements. Additional factors for each timeframe that contribute to Amazon revenue include Estimated Profits, Orders, Units (sold), ROI, (profit) Margin, Promos, Refunds, and ASIN Count.
Units Sold & Estimated Net Profit
These two graphs show you how many units you have sold in the past month along with net profit from those sales. These graphs can give you a bird’s eye view of your profitability for the last month and serve as an early indicator if changes are needed.
The first two graphs (not pictured) show you the days in which your inventory levels were at their highest and lowest, respectfully. Additionally, the Bestsellers graph highlights your top selling products as well as their sales trends.
Try the Profits Beta
If you are not already a Helium 10 member, you can join for FREE to gain access to the Profits beta.
At the top of the screen, you will notice a green bar that says “This is demo data. Click the ‘Enable’ button to enable Profits. Once enabled, Profits will start retrieving the order details;” click the “Enable” button to replace the demo information you see now to populate the tool with your own Amazon revenue data. The Profits tool is still in beta, please do provide us with your feedback on the tool as it can be monumental in helping us to improve the tool for all our users.
Want to absolutely start crushing it on Amazon and make more money? Follow these steps for helpful resources to get started:
Get the Ultimate Resource Guide from Manny Coats for tools and services that he uses every day to dominate on Amazon!
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Have questions or thoughts about Profits, the new Amazon revenue analyzer tool? Let us know in the comments below!
The Helium 10 Software Suite will allow you to gain an unfair advantage over your competitors as it was designed and battle-tested by Amazon's top sellers. So if you want more sales, more time, lower PPC costs, and if you want to discover hidden keywords your competitors don’t use then start using Helium 10 -- the same tools top Amazon sellers use on a daily basis.