Sales Estimator by Seller Assistant
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This guide will help you get started, understand the basics of Amazon selling, and explain in simple words how it all works.
Selling in the highly competitive Amazon marketplace requires more than just intuition – it demands precise data and actionable insights. When doing product research, you must get accurate estimates of how many product units you can sell monthly, and how much you can earn from that. This helps decide whether the product is worth reselling and meets your revenue targets.
Sales Estimator by Seller Assistant lets you do it with just one click. This powerful feature forecasts potential product sales based on BSR with increased accuracy, estimates how many units you can sell, and calculates potential revenues.
Note. Seller Assistant is a comprehensive product-sourcing software that helps Amazon sellers quickly find high-profit deals. It combines two extensions: Seller Assistant Browser Extension, and IP-Alert Chrome Extension by Seller Assistant, Amazon seller tools: Bulk Restrictions Checker and UPC/EAN to ASIN converter, and features: Side Panel View, FBM&FBA Profit Calculator, Quick View, Seller Spy, Stock Checker, IP Alert, and Restrictions Checker.
Seller Assistant shows all essential product data on Amazon search, product, and inventory pages, and on any website to help you find high-margin deals. By using this FBA and FBM product sourcing software, you can easily identify products that have the potential to be sold well on Amazon.
What Is Seller Assistant’s Sales Estimator?
Seller Assistant's Sales Estimator is a product research feature designed to help Amazon sellers automatically forecast potential product sales based on a product's Best Seller Rank (BSR).
Seller Assistant's Amazon Sales Estimator provides estimates on how many units of a product are sold monthly, predicts your potential sales if you join an existing listing, and calculates the potential revenue you can earn. Sales Estimator now offers increased accuracy based on Amazon product sales data, allowing for more precise sales predictions that help sellers make better-informed decisions.
The feature is created specifically for Amazon wholesale and online arbitrage sellers, and dropshippers to simplify the process of product research. It automatically appears on the Amazon product pages and on the supplier website and lets you instantly estimate how many products of the researched ASIN you can sell monthly on Amazon.
What Does Sales Estimator Show?
Sales Estimator provides critical insights to help you understand market demand, estimate your market share, and assess profitability with increased accuracy. Here's what it shows.
Sales Estimator data
- Potential monthly sales based on BSR
It forecasts how many units of a product are sold each month on Amazon by analyzing the product's Best Seller Rank (BSR). This helps sellers understand the monthly sales volume of an item, allowing them to gauge market demand.
- Your estimated sales
It predicts the number of units you could potentially sell if you add your offer to a product listing. The feature shows FBA and FBM seller sales potential separately. It calculates this by dividing the total estimated sales by the number of sellers, giving you a realistic view of your share of the market.
- Potential product revenue
It calculates the potential revenue you could earn by multiplying the estimated sales by the product's selling price. This allows you to assess whether a product aligns with your business goals and profitability expectations.
Benefits of Sales Estimator
Sales Estimator by Seller Assistant offers distinct benefits for Amazon sellers looking to optimize their strategies and maximize profits. By providing key insights and accurate forecasts, this tool helps you make informed decisions that can drive your business forward. Here are the core benefits.
Enhanced sales forecasting
Sales Estimator allows you to predict potential monthly sales based on a product's Best Seller Rank (BSR). This helps you gauge market demand more accurately, enabling you to choose products with higher sales potential.
Informed investment decisions
With the ability to estimate your potential sales if you join an existing listing, you can make smarter decisions about which products to invest in. This reduces the risk of investing in low-performing items.
Accurate revenue projection
The tool calculates potential revenue by multiplying estimated sales by the product's price, giving you a clear picture of your potential earnings. This helps you align your product choices with your business goals and profitability targets.
Increased estimation accuracy based on Amazon data
The feature leverages Amazon's monthly product sales data to deliver more precise estimates of potential sales. By examining thousands of Amazon products, it identifies the correlation between sales and their BSR. It then applies a unique model that calculates the median sales figures to determine likely monthly sales, enhancing the overall accuracy of its predictions.
Time-saving efficiency
Instead of manually researching and calculating potential sales and revenues, the Sales Estimator automates the process. This frees up your time to focus on other critical aspects of your business, such as product sourcing.
Sales Estimator Use Cases
Estimating product sales on Amazon
- Use case
An Amazon seller wants to know how many units of a product they research can be potentially sold monthly.
- Solution
With the Sales Estimator feature, you can easily view estimated product sales based on BSR directly in the Sales field on Amazon product pages. This allows you to estimate how many units of a specific ASIN are sold monthly on Amazon, helping you understand market demand and make informed decisions about adding a product to your inventory.
Assessing your potential product sales
- Use case
A seller needs to know how many product units they can sell if they add their offer to the listing.
- Solution
Sales Estimator lets you effortlessly assess how many units you could sell if you become an additional seller on an existing listing. It shows the potential sales numbers for both FBM and FBA sellers, giving you a clear view of your expected market share and the estimated total sales you could achieve.
Evaluating potential revenues
- Use case
A seller wants to understand how much money they can make in a month if they resell the product.
- Solution
The tool calculates and shows you potential revenues by multiplying the estimated sales with the product's selling price. This allows you to see how much revenue you could generate and determine whether the expected income aligns with your business goals.
Deciding on investing in the product
- Use case
A seller is unsure whether the product is worth reselling and will bring you the expected revenues.
- Solution
By providing precise potential sales and revenue figures, the Sales Estimator helps you evaluate whether a product is worth investing in. Use the estimated revenue data to make informed decisions about product sourcing.
Assessing FBA and FBM sales potential
- Use case
Depending on the fulfillment method, Amazon FBA or FBM, a seller wants to know the product sales potential. The figures will be different for FBA and FBM sellers.
- Solution
The Sales Estimator provides separate sales forecasts for FBA and FBM sellers, allowing you to see how many units you could potentially sell under each fulfillment method. This enables you to choose the best selling strategy based on your capabilities and the market's dynamics.
Calculating product sales on supplier websites
- Use case
A seller researches a product on the supplier website with Seller Assistant’s Side Panel View feature, and wants to know how many products they can sell monthly.
- Solution
On the supplier website, activate the Side Panel View by selecting the product title, right-clicking, and selecting “Search with Seller Assistant” from the context menu. The tool will then display all product offers on Amazon along with key metrics. Choose the product you want to research.
Side Panel View will show how many products you can potentially sell in the “Est Sales” field. This side-by-side comparison helps you ensure that the supplier can meet your needs before making purchasing decisions.
How Does Sales Estimator Work?
Sales Estimator feature of Seller Assistant Extension provides accurate figures of potential product sales. It analyzes thousands of Amazon products and determines how sales align with their BSR. Sales estimation model is based on Amazon data and calculates monthly sales in the main product category.
The feature creates a model and calculates the median value to identify potential monthly sales. This allows for better accuracy.
Sales Estimator automatically appears on the Amazon product pages and on the supplier website to show you sales estimation data.
Sales Estimator on Amazon product pages
Sales Estimator allows you to see potential product sales based on BSR in the Sales field on the Amazon product pages.
Sales Estimator on the supplier website
Sales Estimator appears in the Side Panel View on the supplier website side-by-side and shows how many products you can potentially sell in the “Est Sales” field.
FAQ
How to get Amazon sales data for free?
You can get Amazon sales data for free by using tools like Seller Assistant's Sales Estimator, which provides estimated product sales based on Best Seller Rank (BSR). This feature is available directly within the Sales field on Amazon product pages and in the Side Panel View on supplier websites.
Is there a Chrome extension for Amazon?
Yes, Seller Assistant offers a Chrome extension that includes multiple product sourcing tools and features. With its Sales Estimator feature, you can view estimated product sales, potential revenues, and other critical data directly on Amazon product pages. This software is designed to help Amazon sellers make informed decisions quickly and efficiently.
How to find out Amazon sales figures?
You can find out Amazon sales figures by using Seller Assistant's Sales Estimator, which analyzes a product's BSR to estimate its monthly sales on Amazon. This tool provides a clear and accurate picture of a product's sales performance.
How many free estimates do I get?
The number of free estimates you receive depends on the specific plan or offer provided by Seller Assistant. With the Start plan for the online arbitrage beginners you can do 3,500 Seller Assistant® extension lookups/month (including sales estimations); with the Pro plan for the online arbitrage professionals you can do 10,000 Seller Assistant® extension lookups/month; with the Business plan for wholesale businesses you can do 300,000 Seller Assistant® extension lookups/month.
How many estimates do I get with a Seller Assistant plan?
With a Seller Assistant plan, the number of estimates you receive varies based on the subscription tier you choose. Sales Estimator, with higher plans typically providing more estimates. With the Start plan for the online arbitrage beginners you can do 3,500 Seller Assistant® extension lookups/month (including sales estimations); with the Pro plan for the online arbitrage professionals you can do 10,000 Seller Assistant® extension lookups/month; with the Business plan for wholesale businesses you can do 300,000 Seller Assistant® extension lookups/month.
Final Thoughts
Seller Assistant's Sales Estimator is a valuable feature for Amazon sellers doing product research. By providing accurate sales forecasts, potential revenue estimates, and insights tailored to both FBA and FBM sellers, this feature helps quickly decide which products to invest in.
Seller Assistant is an all-in-one product sourcing software offering all the features vital for product sourcing. It combines Price List Analyzer, Seller Spy, Side Panel View, FBM&FBA Profit Calculator, Quick View, ASIN Grabber, UPC/EAN to ASIN converter, Stock Checker, IP Alert, Restrictions Checker, and other features that help quickly find high-profit deals.