The software provides both standard repricing settings reflecting eBay and PayPal fees, as well as more bespoke options. As always, it’s important that the software is supported by strong customer service. Whilst the product was easy to set up, I questioned a couple of things (to test their responsiveness) and was surprised with the speedy replies from Nick (the founder) in both pricematik review instances. As mentioned earlier, I would strongly recommend using the American Express Cashback Platinum Card and making sure you use this link to get a further £25 cashback when you make your first sale. As you’ve uploaded the items through Hydro Lister these will automatically be within SKU Grid with standard monitoring functions being undertaken.
Whilst the product was easy to set up, I questioned a couple of things (to test their responsiveness) and was surprised with the speedy replies from Nick (the founder) in both instances. This community is a place to discuss the business of dropshipping, from the entrepreneur side. It’s a place to share resources, solve problems and have serious discussions on issues we all face. The act of buying an item and selling it on for a higher price, is by no means illegal and in fact is the cornerstone of our economy. Join our mailing list to receive our best articles on luxury worldwide travel and points earning opportunities. From my experience the only other real competitor in the market is Pricematik.
Reports related to Pricematik
I’m in the process of expanding the number of items and hope to beable to update the blog once this has been done. I’d recommend reading why I’ve recently considered switching to Pricematik. In short, Pricematik offers the most cost effective price when listing over 3,000 items. To compare the costs with PriceYak above, if I was to list 25,000 items using Pricematik it would cost just $0.02 per item verses $0.10 for PriceYak. A considerable saving when you are listing soo many items I’m sure you’ll agree.
Let’s venture back in time to the Silk Road to look at a historic ‘retail arbitrage’. The Silk Road began over 2,000 years ago with the likes of silk, cotton, glass, salt etc traded between merchants who would seek to by items in the east and sell them for a higher price in the west. Below I set out a brief overview of each of the available platforms.
Aura Profit Hunter – 1 Star
- As you’ve uploaded the items through Hydro Lister these will automatically be within SKU Grid with standard monitoring functions being undertaken.
- Below I set out a brief overview of each of the available platforms.
- Join our mailing list to receive our best articles on luxury worldwide travel and points earning opportunities.
- If I was to scale the business to say 10,000 items (20 times current amount) I feel that profits in the region of 10 to 20 times current average profit (i.e £730 – £1460 per week) may be achievable.
Pricematik is the software which I’ve also tested however would only use if Profit Scraper wasn’t available. Once you’ve tracked down your first 100 ASINs the following step is relatively simple. You’ll need to insert the ASINs into the PriceYak create listing tab and run the software. The program will automatically upload these items to your eBay and initially price the product at $300 or £300 depending on the destination. As such my net profit, allowing for the various costs and additional revenue, was in the region of £513.95 or £73.42 per week.
Profit Scraper – FREE 7 DAY TRIAL – 5 Stars
Now that we know that the Hydra Lister / SKU Grid offers a limited service product in comparison to some of its competitors, it’s important to assess the costs. As you may have guessed, the software doesn’t support automatic purchasing. SKU Grid offer a 7 day free trial which I signed up to and was promptly provided with log in details. The platform home page takes a little getting used to and unlike most competing products pricing is based on a credit basis. You’ll quickly find that there are two types of products on the market.
Why use Amazon to eBay dropshipping Software?
I’ve personally tested each of these products so do click through and read the full reviews. Please also leave a comment if you think I’ve missed any products and I’ll do my best to review as soon as possible. Pricematik offers clean straight forward software which allows you to upload products to eBay by the click of a mouse. Once on eBay the software automatically monitors pricing and inventory (exactly the same as Profit Scraper). Similar to Profit Scraper, Pricematik offers the ability to scrape other eBay sellers. Whilst this is helpful to get started initially, where considerable profit is made is when you identify an item with little or no competition.
I signed up to a free trail using this link to test the software and provide an overview of my experience below. You can compare pricematik the Pricematik software to Profit Scraper by signing up to the free 7 day trial using this link. There’s a strange psychology with eBay users (me included!) who are of the opinion that for items under say $100, eBay has got to be the cheapest place to purchase. This is straight forward and should take no longer than 2-3 minutes.
The first is a fully automated platform which will source profit arbitrage opportunities, automatically load these to eBay, monitor pricing and even order the products on your behalf. The second type of software is a limited service product which usually scrapes already identified opportunities and lists (sometimes monitoring but unlikely) these items to eBay. I’d highlight that after 2 months I’m still using the 500 Active Listings but will seek to increase this shortly. Aura Profit Hunter falls into the second category – a very basic version at that. If I was to scale the business to say 10,000 items (20 times current amount) I feel that profits in the region of 10 to 20 times current average profit (i.e £730 – £1460 per week) may be achievable.