Selling on Amazon, you know that the final profit amount is more than just the product’s price. There are a number of fees involved before you can get to the final amount you get to take home. Calculating profitability is one of the most important aspects of selling on Amazon.
Understanding Your Costs
First things first, you need to understand your costs, prior to deciding which product to launch and throughout that product’s lifecycle.
Your costs can be split into three main categories:
- Upfront costs (samples, cost of goods, shipping, photography)
- Variable costs (FBA fees, storage fees, returns etc.)
- Marketing costs (promotions and pay per click)
FBA costs are usually 15% of the item’s price plus $3.00 to handle and ship the product. Amazon has a handy FBA calculator which is a useful tool for any FBA seller. This allows you to figure out how much you will be paying in fees to use the Fulfillment by Amazon business model for any given product.
If you’re looking for a way to easily calculate that so you can price items as best as possible, RepricerExpress has you covered with the best Amazon FBA calculators you can find online.
Best Free Online Amazon FBA Calculators
1. Jungle Scout
If you’re into really detailed breakdowns and a lot of information to help you understand each step, Jungle Scout is hard to beat. They don’t just stop at listing all the fees involving with selling on Amazon but explain them so you can remember them better. While they’re not free, they do have different pricing tiers based on your needs — and, of course, a Chrome extension so you can get real-time data while on the Amazon website.
You have a couple of different ways of using this FBA calculator: right on AMZScout’s website or installing their Chrome extension. Both options are free, easy to use, and quickly give you an estimate of the final costs involved. All you have to do is copy-and-paste a product’s ASIN and let them do the rest.
Also free, SellerPrime helps you out by offering more than just a calculator. They’ll walk you through the costs associated with the product itself, samples, storage, FBA fees, maintenance, and more. They also have a Chrome extension if you want to do it all without leaving your current page, and a Pro calculator that comes with a free 7-day trial.
4. Viral Launch
One of the best things about Viral Launch is how easy it is to use. All you have to do is paste your product’s URL or ASIN and hit calculate. But in case you want to get more detailed about things, they also have videos you can watch, as well as an option to sign up to learn even more. You can check out their Chrome extension, too.
Amazon FBA Calculators For Specific Countries
If you aren’t ready to try a third-party calculator and want to use Amazon’s own tools to calculate costs, they have FBA calculators you can use that are country-specific via Seller Central.
3 Steps to Using Amazon’s FBA Calculator
If you’re using Amazon’s own FBA calculator, it’s nice to know the steps are always the same for whichever country you’ll be selling in.
- Go to the product page on Amazon.
- Switch to the calculator so you can enter in the cost of the item, how much it costs to ship, and what the total cost per unit is.
- Hit calculate and wait for the FBA calculator to show you the breakdown of costs involved with that product. Alternatively, if you’ll be shipping the item yourself and not using FBA, there’s an option on the calculator for that, too. You can enter in other associated costs, like how much you pay to package it, various shipping costs, and more. This is super handy because it’ll give you a chance to compare which method is more cost-effective, FBA or FBM.
Amazon Repricing – Free 15-Day Trial
One thing to note when using any of these calculators is they’ll provide you with estimates and not absolutes. This is because you’ll likely be using RepricerExpress to help you with aggressive repricing strategies to maximise your profits even more. And to get started with that, all you have to do is sign up now for your 15-day free trial.