how accurate is jungle scout sales estimator

Given the complexity and ever-changing nature of Amazons algorithms and marketplace rules though, estimating their sales is a full-time job. In this article, we will discuss the sales estimator tool and I will also include a step-by-step guide on how to get monthly sales figures. Unfortunately, its not historical data. And the box and whisker plot shows a similar relative accuracy: roughly 24% better. Whether you want to start an FBA business, accelerate your brands growth, or understand the ecommerce market, Jungle Scouts experts can help. However, in terms of data accuracy, Jungle Scout has been proven to show more accurate results. Tools like Jungle Scout make it easy to find profitable products to sell on Amazon, optimize listings, drive more reviews, analyze your sales, and more. It has much of the same functionality of Jungle Scout but is definitely less feature rich. Please keep coming back to read more informative and insightful articles right here on my Amazon seller blog. Cookie Notice It is a Chrome extension only, and the data is wildly inaccurate. Ive also compared the accuracy of the Jungle Scout sales estimator vs the AMZScout sales estimator. Heres how our data science team replied to your feedback. and our It's Vova :) Some of the links in this article may be affiliate links. Jungle Scout uses a proprietary algorithm trained with years of Amazon data. **The Amazon seller community you're looking for** - Want sincere discussion about selling on Amazon but tired of forums filled with spam, scams, fake gurus, and people pretending to be helpful high dollar sellers? Not a replacement for Jungle Scout product sourcing features but the industry leader in listing optimization and maximizing feedback and total positive reviews. In the screenshot above, the category is Office Products, and the BSR is 6,363. It is valuable for product research but won't replace many of the other core Jungle Scout features. Most of them are great Amazon product research tools, but they lack some functionality. Everything you need to find a product & start your Amazon business, Tools to make managing your business easy, so you can focus on growing it, Insights from the Amazon Marketplace tailored to the world's largest brands, Get your product up and running on Amazon with a successful launch, Gain valuable business insights from your data to make key decisions faster, Make your Amazon listings more profitable and beat the competition, Earn more product reviews the key to driving traffic and sales, Simplify managing your Amazon business & save time, Web-based software suite to start & grow your Amazon business. When doing product research, Amazon sellers want a tool that can give you as accurate a picture of the marketplace as possible by tracking pricing trends (estimate sales) for a product or product category. Top 7 Jungle Scout Alternatives ( Free & Paid ) - Garlic Press Seller So for each tool, I will note if it includes Price - The price ranges vary wildly, and I'll go into detailed tiered pricing information for each Jungle Scout alternative. on the other hand, measures the relationship between advertising spend and attributed ad sales basically, it measures the performance of your advertising campaigns. Please know that you cannot use any sub-category so finding the main category is essential. It offers several beneficial tools for sellers including product research, keyword analysis, inventory protector, opportunity score, and much more. Is Jungle Scout Sales Estimator Accurate? Jungle Scout Review | Is Jungle Scout Worth It? | How to use Jungle Scout Since Jungle Scout has an 84.1% accuracy rate, its margin of error is 15.9% (100% minus 84.1%). You can access the raw data collection in. By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. It is the driving force behind the continuous improvements to our software, our data, and the resources we provide. Jungle Scout hass lately been at the center of my discussions on this blog. You can access an exclusive up to 30% off offer here. Which Companies Offer a Free Amazon Sales Estimator? By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Think of it like this: The more sales your ads bring in, the higher your Amazon. Using a sales estimator tool is super easy. Its a Google Chrome extension with a bunch of product research tools including a product discovery tool, a sales estimator, and a competitive analysis. Join us as we delve into the world of these essential tools and learn how they can propel you to Amazon sales success. But sales estimates will never be the deciding factor in whether or not an FBA business will succeed or fail. That's a roughly 16% chance that we'll end up investing $7,500 in a product that underperforms on some level or doesn't sell at all. Request reviews in bulk. You can hire experts and do things manually but first, it will take a lot of time to validate the product data, and second, the chances of error will be very high. As with Jungle Scout, Helium 10 also use a proprietary algorithm to derive the estimates, but since Jungle Scout has been around longer, their data accuracy is much better. A quarterly study that explores changes in consumer behavior. Read our comprehensive guides and case studies. ACoS (advertising cost of sale) on the other hand, measures the relationship between advertising spend and attributed ad sales basically, it measures the performance of your advertising campaigns. The main features I'm looking for are Also, I will review what platforms the programs work on. Here is a quick list of a few vital tools: Listing Grader: Will give an optimization score for your product listing or product listings from other sellers. The formula looked like this: ((Absolute (Actual Sales Estimated Sales)/Actual Sales). SEMRush is one of the biggest names in the keyword research and SEO space. JS was good on 2 of the 3 but way off on the 3rd one. Both tools are extremely important though, and I highly suggest investing in one of them. Youll need the BSR, marketplace, and product category. Listing optimization: The tool provides suggestions for optimizing product listings to improve visibility and sales on Amazon. Jungle Scout Sales Estimator, 1. Keep an eye on your competitors strategies and identify areas where you can differentiate yourself. You may still not get a similar number in every tool, but you will at least have a close estimation. I polled my group FBA Today, and it's pretty safe to say that Helium 10 is the more popular solution (most alternatives on this list didn't even get a single vote) with 19 votes compared to just 9 for Jungle Scout. It has introduced some of the most reliable and profound tools for Amazon sellers. Jungle Scout Amazon Sales Estimator: FAQs, Jungle Scout Prices Get the Best Bang for Your Buck, Amazon Arbitrage vs FBA Private Label A Detailed Comparison. Enjoy! 200% Money Back Guarantee for 7 Days. Learn How to Build Your Own 7-Figure Amazon FBA Business. Explore how Amazons ad business is evolving. Instead of just claiming to be the most accurate tool in the industry, we wanted to prove it. Part of the Junglescout suite of excellent FBA tools, the learning academy is a comprehensive video training library containing hours of content, including training videos, webinars, and interviews with successful Amazon sellers. What we're looking for here is sales velocity estimates vs. actual sales. Analyze the impact of pricing on TACoS, considering both product costs and advertising expenses, to strike a balance between profitability and sales volume. Sellics isnt known as a product research tool, so its unlikely they invest any real time or resources in improving their sales estimates. After the category, you will need the Best Seller Rank (BSR) of the product. The sales estimator tool, on the other hand, validates your product selection by extracting the essential sales figures, helping you determine whether the product is worth your time and effort. You dont need to signup or login to use the tool. Viral Launch is 1 of 2 Jungle Scout alternatives that I consider to be true, perfect replacements. A question, As Zonguru is the only extension working for the AU Market it is appealing. Always on point. Or just watch the video below. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Everything you need to find a product & start your Amazon business, Tools to make managing your business easy, so you can focus on growing it, Insights from the Amazon Marketplace tailored to the world's largest brands, Get your product up and running on Amazon with a successful launch, Gain valuable business insights from your data to make key decisions faster, Make your Amazon listings more profitable and beat the competition, Earn more product reviews the key to driving traffic and sales, Simplify managing your Amazon business & save time, Web-based software suite to start & grow your Amazon business. Learn how your comment data is processed. Reddit and its partners use cookies and similar technologies to provide you with a better experience. TACoS gives Amazon sellers a good view of their overall ad performance and business profitability. Jungle Scout and Zonbase: Pricing and Plans Jungle Scout Pricing Plans Zonbase Pricing Plans Which is better? So we asked sellers for their permission to access their products actual Amazon sales data. You can see any product and how many sales it makes in a month in any category on Amazon in these markets. On the other hand, Jungle Scout offers a different plan, but the most popular among the users is Suite, which costs $69/month if you choose the monthly option or $49 per month if you go for the annual plan. Amaze Owl is a neat program, but it is not a complete Jungle Scout replacement. There are plenty of high quality Jungle Scout alternatives, and this article is going to introduce you to each of them. Unfortunately, Sellgo doesnt return the best data. Interested in running your own analysis? Required fields are marked *. Quick Note: This article is by no means a slight to Jungle Scout. I recommend reducing all of the estimates produced by those tools by 40-60%. But from a relativity standpoint, Jungle Scout is still 24% more accurate than Viral Launch, based on the median values. But were doing something different here. Also, the estimator retrieves real-time product data such as daily price, current product rating, and average revenue. Overestimates can cost you a fortune by causing you to buy more inventory than you can sell. Hence, the BSR would be the number of each product given in that category. \. This number seems high, but lets see your TACoS. We hope this article gave you a better understanding of what TACoS is, the differences between TACoS and ACoS, and how to calculate it. Jungle Scout vs Zonbase: Free Trial Which is better? Learn all about it here! Offers a few things Jungle Scout doesn't, but if you want something to run your own sales analytics, this won't be it. Read this article to find is Jungle Scout is the best Amazon advertising solution available. Jungle Scout is arguably the most popular platform for Amazon Sellers. A decrease in TACoS means you spend a smaller proportion of your total sales on advertising costs. This helps us keep curating helpful content. Nice article, I paid JS chrome extension then amzscout gave me a free trial for his software and i ended up paying it too I have notice the big difference in the data I will cancel amzscout since i am within the 7 days money back, however I like better their layout, all the info I can get from the products in only 1 click opportunity to improve JS. tool to conduct advanced keyword research for your Amazon business. To prove their accuracy, the Jungle Scout team did a detailed survey on various seller toolkits including the likes of Helium 10, Viral Launch, and so on. I have discussed almost each in depth and you can find these articles on this very blog. Being under 6000 units per month is a great problem to have. Product Database: Is a database of more than 450 million products. Personally from a statistics point of view, this data is a good start, but still very messy. Therefore you have nothing to lose. Jungle Scout Sales Estimator . There's a great metric called Opportunity Score. Access our industry reports, blog, and webinar content. But its always our mission to stay ahead of the game! Sellzone's free plan is also by far the best free Jungle Scout alternative. However, you see its box and whiskers are significantly larger. Here are some quick answers to common Jungle Scout related questions. These predictions help sellers gauge the products potential for success and understand the required inventory levels, estimated profits, and COGS (cost of goods sold). I have a good comparison video with another estimator below. Analyze the data and make data-driven decisions to optimize campaign elements such as bids, ad placements, ad schedules, and ad creatives. The software provides a range of features to help them research, launch, and grow their business. Seller Labs Pro is priced on a tiered basis. Product tracking: Users can track the performance of their own products and their competitors products over time to identify areas for improvement and growth. So it's not that they just use simple math to calculate the sales estimation. . This helps me keep the content free forever. However, according to long-time sellers, Jungle Scouts data is nearly 80% valid meaning 4 out of 5 times, the estimator will give you accurate results. Here are the top 8 that I tried: The Jungle Scout Estimator is by far the best in the market. I have conducted many tutorials on tools developed by different software companies specializing in helping online marketplace sellers. P.S.S - Heres a FULL tutorial of Jungle Scout, from A to Z with Ed the man from Jungle Scout! They merely tell you an estimation, which can also be questionable. One hundred percent accuracy is what we all want! Interested in running your own analysis? Jungle Scout's sales estimates are recognized as the most. I do realize the limitations. In this video, I show you how to use the AMZScout (and Jungle Scout) sales estimators, and I also compare their accuracy. . It is pretty easy and simple to use, and wont take more than 30 seconds to reveal monthly sales! I will be using 1 of my own products to test this. I will also be listing the plans that are most comparable to the Jungle Scout Pro Plan. Jungle Scout - Chrome Web Store A quarterly study that explores changes in consumer behavior. Free Chrome extension that is useful for product sourcing but lacks most of what makes Jungle Scout so valuable. We are constantly improving our product to provide the best data. I recommend using Jungle Scouts estimator because its the most accurate one. Jungle Scout isn't a downloadable software; it runs in the cloud. Explore how Amazons ad business is evolving. In this article, I will tell you about the Jungle Scout Sales Estimator and share my experience with this tool. AMZ Scout is one of the few tools that offers a lifetime offer. The free Amazon sales estimator from Supplier Scout is very similar to AMZScouts estimator tool. Furthermore, few sellers or products have records that extend back for three years. Entrepreneurs and global brands rely on the best data when making business decisions and that's where Jungle Scout comes in. TACoS gives you a more accurate representation of your Amazon business performance. this growth might be delayed further without accurate . Sellzone has a free plan that offers a lot of awesome Jungle Scout like features, and AMZ Base is a great, free extension that can help replace the product research features of Jungle Scout. Like Jungle Scouts tool, you need to provide the sales rank, choose the marketplace, and select the product category. The 2023 Amazon Advertising Report examines the ways brands and sellers are changing how they advertise on Amazon. We could have adjusted this to two or three months, or even down to daily sales estimates for some products (including Jungle Scout), but the one month window is the most familiar to sellers. May 24, 2023 Table of Contents I Tried Jungle Scout Sales Estimator and Here's What Think About It Jungle Scout Discounts And Coupons Jungle Scout Sales Estimator Review Final Words Disclosure: Hi! Analyze the impact of pricing on TACoS, considering both product costs and advertising expenses, to strike a balance between profitability and sales volume. It also requires the marketplace, BSR, and product category to estimate the monthly sales. Jungle Scout offers many different features and functions in two distinct ways. I've seen products with 50,000+ BSR with 90sales a month. Instead of just claiming to be the most accurate tool in the industry, we wanted to prove it. 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