Are you looking to boost your Amazon FBA business in 2023? Then you’re in luck because we have a free course on how to use Keepa, a powerful tool that can help you make informed decisions when it comes to selling on Amazon. In this tutorial, we’ll cover everything you need to know about Keepa, including how to read and interpret Keepa graphs, as well as how to use Excel for ecommerce.
What is Keepa?
Keepa is a browser extension and web application that provides price history, sales rank, and other data to help Amazon sellers make better decisions. It allows you to track the pricing and sales rank history of any product on Amazon, giving you valuable insights into market trends and competition. Keepa also offers browser add-ons for Chrome, Firefox, and Safari, making it easy to access its data while browsing Amazon.
How to Use Keepa
Using Keepa is easy once you have the browser extension installed. Simply go to the product page on Amazon and you’ll see the Keepa graph right below the product information. The graph displays the price history of the product over time, as well as the sales rank history. By looking at the graph, you can quickly see if the product has any pricing patterns, such as regular discounts or price increases.
One of the key features of Keepa is the ability to set price alerts. If you’re considering selling a particular product, you can set an alert to notify you when the price drops to a certain level. This can help you time your purchases to maximize profits.
Keepa Graph Reading
Reading Keepa graphs can be intimidating at first, but with a little practice, you’ll quickly get the hang of it. The x-axis of the graph represents time, while the y-axis represents either price or sales rank. You can toggle between different views, such as price, sales rank, and buy box price, to get a better understanding of how the product is performing on Amazon.
When looking at the graph, pay attention to any spikes or drops in price or sales rank. These can indicate changes in demand or competition, which can affect your own pricing strategy. Additionally, you can use the Keepa graph to compare multiple products or track the performance of your competitors.
Excel Ecommerce
In addition to using Keepa, you can also leverage Excel for ecommerce to analyze your sales data and make data-driven decisions. By exporting your sales data from Amazon Seller Central and importing it into Excel, you can create graphs, charts, and pivot tables to identify trends and opportunities.
Excel can help you track your sales performance over time, analyze customer demographics, and calculate profitability. You can also use Excel to create pricing models, forecast future sales, and manage your inventory. By combining Keepa and Excel, you can gain a competitive edge in the Amazon FBA marketplace.
In conclusion, Keepa is a powerful tool that can help you sell on Amazon more effectively. By learning how to read and interpret Keepa graphs, as well as using Excel for ecommerce, you can make informed decisions that can drive your business forward in 2023. Don’t miss out on our free course on Keepa – sign up today and take your Amazon FBA business to the next level!
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