The best Amazon retail arbitrage scanner apps are:
- Amazon Seller App
- Scoutly
- Scoutify 2
- Scanpower
- Profit Bandit
- Keepa Amazon Price Tracker
- Scout IQ
This article will break down the best Amazon scanning apps to give you some insights that may help you step up your competition. Amazon's marketplace is highly competitive, and having the best tool beside you will add the chance to find the best product.
Retail arbitrage is an attractive Amazon business model. It's as easy as buying items at a discount and selling them on Amazon's marketplace for a profit. However, this business requires effort and having the best amazon seller scanner app to succeed. While this Amazon business model is attractive, before deciding to start your business using this model, you need to ask if retail arbitrage on Amazon is profitable and if local lead generation is another option to consider.
7 Best Amazon retail arbitrage scanner Apps
Here are the seven best Amazon retail arbitrage scanner apps. Included are the app's features, downsides, membership and pricing, compatibility, and availability—everything you need to know to make the right decision about the best app for your retail arbitrage business.
1. Amazon Seller App
If you're selling anything on Amazon, the Amazon Seller app is a must-have. It's a free amazon scanner app, making it an excellent option for beginners. It will be automatically available to all registered Amazon sellers.
Pros
Scans barcodes and packaging for: current selling price, number of sellers and sales rank
FBA calculator for profit estimation
Camera button (easy to use)
List products for sale from the app
Manage orders and get notifications for sales
Cons
Wi-Fi or data required to use the tool. It cannot view: sales rank history, average selling price, custom fees or taxes and Amazon Buy box indication
No tax-related data
Displays the lowest price for new and used products
Pricing
Amazon Seller App is Free
Compatible with
Android and iPhone
Available on
2. Scoutly
One of the unique features of Scoutly is its ability to work offline. This can be useful for sellers who may struggle for an internet connection, such as when sourcing product in retail stores.
Pros
Provides vital product information: sales price, sales rank, number of sellers, and more
Shows all FBA offers, used offers, and new FBM offers.
Accurate profit calculations
Product-specific profit triggers
Optional database mode (scanning without an internet connection)
Integrates Keepa charts for informed decision-making.
Brings up items in less than a second for efficient sourcing
Cons
Possibility to crash during scans
The 30-day free trial is only available in the Professional plan
Downloading the databases takes up a lot of phones space
App's interface is not as user-friendly as other options
Pricing
Scoutly has a two membership plans:
Lite
Monthly Plan: $9.95
6-Month Plan: $54
Annual Plan: $100
Professional
Monthly Plan: $35
6-Months Plan: 190
Annual Plan: 350
Requires subscription
Compatible with
Android and iPhone
Available on
3. Scoutify 2
This Amazon arbitrage scanner is developed by InventoryLab and it is included in the InventoryLab subscription. It helps Amazon FBA sellers quickly and easily scan products' barcodes and retrieve information such as sales rank, FBA transaction fees, profitability, and keeps track of expenses related to your listing.
Pros
Shows all new, used, and FBA offers
Offers a research button that shows information from Amazon Listing, Prime, Camelcamelcamel, Bookscouter, eBay, Google, and Amazon Restrictions
Can be downloaded to multiple devices
Takes taxes into consideration
Allows you to search by typing in the product name
Shows your net profit and ROI for each product.
Cons
It no longer offers direct links to Keepa
It does not show average sales rank
It is only available on Professional Account on Amazon
It is only available with an Inventory Lab subscription
Pricing
Scoutify 2 is free with an InventoryLab subscription:
Monthly plan: $49 per month
Annual plan: $480
Both plans have a free 30-day trial.
Requires InventoryLab subscription
Compatible with
Android and iPhone
Available on
4. ScanPower
ScanPower includes a variety of tools to help retail arbitrage sellers with sourcing, listing, and tracking their products.
Pros
ScanPower Mobile : live pricing data, items can be searched not just by barcode, but also ASIN, ISBN, UPC and keyword.
ScanPower Scout: sales rank, price history graph and many more
ScanPower List: create Amazon listing and print the FBA label
ScanPower Boxt: creat box-level content to print 2D barcodes
ScanPower Evaluate: Calculate the net payout for every item
ScanPower Report: Inventory management such as FBA fees, taxes, shipping, and other expenses and also has filter function
Cons
Requires an Amazon Seller Pro account to use the app
Search pages do not have a back button
Can be relatively expensive
Pricing
Scanpower has plans that have a 30-day trial period.
Basic: $49 per month (2 account users)
Pro: $99 per month (4 account users)
Enterprise: $199 per month (unlimited account users)
Requires Scan power subscription
Compatible with
Android and iPhone
Available on
5. Profit Bandit
Profit Bandit is from Seller Engine. It's an Amazon arbitrage scanning app that helps sellers to see an estimate of their potential profits for a particular product, based on their purchase price, Amazon fees,and other relevant costs.
Pros
Offers a low-cost option for sellers
Displays product weight and which offer has the Buy Box
Connects to Seller Central account to list an item from the app and detect products that have a Buy Box
Provides accurate product and sales data for all categories
Advanced features include connecting a Bluetooth scanner and receiving restricted item alerts
Cons
No database scanning mode available
No integration with Keepa
It uses a lot of battery percentage
Requires a stable internet connection
Pricing
Profit Bandit monthly fee is $9.99 per month (free 20 trial scans)
Compatible with
Android and iPhone
Available on
6. Keepa Amazon Price Tracker
Keepa is a mobile app available on Google Play and Apple Store that helps you track the pricing and sales trends of millions of products in the Amazon marketplace. It is an Amazon retail arbitrage scanner that offers extensive sales data, prices, product availability, and sales rank.
Pros
Search for Amazon deals and view historical data
Paid subscription provides detailed sales history charts
See best-selling products on Amazon
View broad statistics of price history
Receive alerts for item availability and price drops and imports wish list.
Shows price history graphs directly on Amazon product pages
Cons
Best features are no longer free (Sales Rank Statistics; and being able to monitor Buy Box prices.)
Hard to understand the graphs.
Pricing
Keepa Amazon Price Tracker premium subscription as of 2020:
Monthly: €15
Annual: €149
Compatible with
Android and iPhone
Available on
7. Scout IQ
ScoutIQ has an eScore feature that shows sales data without having to search elsewhere. It includes a variety of tools to help sellers make a data-driven decisions about products to sell on Amazon. Also, it has a Team Mode for expanding your business.
Pros
Fast scanning with a Bluetooth scanner
Downloaded database on your phone
Easily find the lowest FBA
Realistic list price, recent price drop overviews
Unique eScore data point shows book demand in the past 6 months
Cons
Still doesn’t show the lowest FBA price most of the time, including the Used Buy Box
Need additional licenses for team use, means extra cost
Data is updated only once or twice a day
Pricing
Compatible with
Android and iPhone
Available on
What is an Amazon retail arbitrage scanner app?
Amazon retail arbitrage scanner app is a tool used by retail arbitrage sellers to find items at a cheap price in retail stores they can resell at a higher price on the Amazon marketplace. The app lets users scan barcodes and quickly see how much an item is selling for in different online marketplaces. This helps them decide if it is a profitable product to sell. It will let you gauge how a particular product performs based on its metrics, giving you data on its price, approximate profit, and eligibility to sell that item.
How can the Amazon retail arbitrage scanner apps help you?
The retail arbitrage scanner app is essential for anyone running a buy-and-sell business because it helps to save time and increase profits by finding the best item for Amazon retail arbitrage. Here are some reasons:
SUMMARY
Overall, the Amazon retail arbitrage scanner app is a valuable tool for anyone who runs a retail arbitrage business, as it helps to streamline operations, increase profits, and gain a competitive edge.
How could you pick the best Amazon retail arbitrage scanner app?
When choosing the best retail arbitrage scanner app, there are several factors to consider:
Final Thoughts
Amazon retail arbitrage scanner app is a tool that really can help Amazon sellers who practice retail arbitrage to make informed decisions when purchasing products in retail stores. The app works by scanning barcodes and providing essentials informations such as pricing, potential profits and Amazon rankings that can be incredibly useful for sellers looking to make a profit on Amazon. However, it is important to note that using an app alone doesn't guarantee success in venture in the highly competitive world of Amazon. It's just one piece for succeeding on Amazon.
If you do not have abundant of time find profitable products using retail scanner apps in different retail store, maybe you can consider different business model entirely like local lead generation. It is more passive and sustainable than fighting millions of sellers in the saturated Amazon marketplace.
