Last updated on March 11th, 2021 at 04:30 am
Online Arbitrage seems like a simple sort of business when you think about it — you merely find products at low prices from retailers then sell high on Amazon. Considering that many dropshippers pull in 6 to 7 figures, there’s no doubt that it can be a lucrative venture. However, many drop shipping operations struggle just to get out of the gate. They don’t do the research and aren’t prepared for the various challenges thrust upon them by the industry’s landscape. Plus, given the ample opportunity for anyone to try their hand as a dropshipper (at only $39.99 a month), competition is at an all-time high.
When an industry becomes competitive, you really need to be operating with optimal efficiency to get ahead of the pack. That’s why it’s a downright necessity to arm yourself with the best available resources in order to succeed. Namely, you need inventory/order management software, such as OAGenius. In fact, without said software, your drop shipping business won’t be able to survive in such a competitive environment.
Oagenius Review: Benefits
Know Your Stock: If there’s one thing that’s quite clear, Amazon customers get pretty cranky when they don’t get their purchase in a timely manner.
When you’re a seller, reviews mean everything. Bad reviews mean a worse reputation and less interest in your products. Long delivery times caused by ‘out of stock’ items being sold are usually a one-way ticket to poor reviews.
Bad reviews are only the beginning if you can’t manage to fulfill enough of those orders, and have to cancel more than 2% of them, your Amazon account will be at risk of deactivation.
It takes a measured approach to prevent ‘out-of-stock’ items from being sold. OAGenius inventory management technology is specifically designed to combat this costly scenario.
Given that it monitors stocks across supported retail sites and adjusts listings accordingly, OAGenius is the must-have software if you’re a dropshipper.
A good Amazon drop shipping inventory management platform will deplete and relist items depending on whether they are in or out of stock on your sourcing site.
With OAGenius, you won’t have to deal with any stock snafus ever again — nor will you have to manually adjust your stock list.
This saves you from wasted time and money, from potential suspensions, and from unnecessary customer service strife.
Keeping Track of Price Changes: Your business is growing and your list of items for sale is reaching heights you could have never imagined.
Also, prices fluctuate non-stop on Amazon. Meaning no one price stays the same. As a dropshipper, you’re constantly competing to offer the most viable prices and for the Buy Box (the ‘Add to Cart’ box responsible for nine out of every ten of Amazon’s sales).
To prevent your prices from either rising too high to sell or sinking too low to make any money, you can use price-monitoring technology.
You can track source site pricing manually when you’re dealing with 5 items or fewer. However, once your inventory begins to mount, you’ll need automation — unless you want to waste valuable hours tracking items without the extra help.
Thankfully, OAGenius has a price-monitoring feature that integrates (via API) with a repricer called informed.co (formerly Appeagle). The price-monitor from OAGenius searches for the most up to date pricing on source site then pushes the updated total cost to the repricer.
If this is set up properly within your informed.co strategy, you will be able to set your minimum and maximum thresholds for any item based on desired profit ($/%), ROI, and more.
By using a price monitor that syncs via API to your repricer you will save hours each week configuring your min and max selling thresholds. Listings can be listed and repriced within minutes, all with a few clicks of a button.
informed.co provides you with the most competitive minute by minute pricing by utilizing expert strategy and proven analytics.
Managing Orders Without the Headaches: When you start your business, your small amount of daily orders can be handled with the simple use of a spreadsheet.
Once you eclipse those initial stages and start moving higher volumes of items, managing order fulfillment can prove to be one of your greatest obstacles. OAGenius provides the versatility that allows you to organize orders, calculate profits, automate shipment tracking into the software and Amazon, set order statuses, create customer service notes, and search for orders in seconds.
Plus, individual SKU reports or supplier level reports including profitability, the volume of orders, refund rates and more, are accessible with ease both in the application or via CSV export.
With OAGenius, you will not only save yourself and your employees hours of work and hundreds of dollars in labor expenses/management, but you will also be operating more fluidly and accurately so you can have some piece of mind.
Instead, you can focus on scaling your business and living the life you imagined. Don’t be a slave to the business!
Finding the Right Items: You need to be selling profitable items. Unfortunately, sourcing these products can sap you of time, energy, and profits.
What if there was a tool that would automate this process and allow you to find valuable products 25x quicker than manual sourcing? That’s what you gain when you have OAGenius’s product sourcing extension. You can bulk-scan source retailer pages, identify profitable products in an instant, and compare to the same item on Amazon instantly. You can filter for items by desired profit, sales rank, and ROI.
Once you start sourcing your products with OAGenius, you’ll wonder how you ever did without it!
Oagenius Review: Products
1. Gravity- Source Products Like a Genius
The OAGenius sourcing extension is the the fastest and most accurate way for Amazon sellers to find profitable product opportunities.
Scan: Run the OAGenius extension while browsing any of our supported sourcing sites with one click to find profitable products fast.
Compare: Instantly compare a supplier’s cost to the current Amazon Buy Box price and lowest FBM or FBA price. Instant analysis includes profit, sales rank, ROI, and profit magin after factoring in all Amazon selling fees.
Filter & Refine: Refine search results to display matching products that fit your desired Amazon sales rank, estimated FBA or FBM profit margin, Return On Investment and more. Include estimated shipping costs and sales tax into all calculations to help you stay laser focused on profit.
Buy / Sell: Add winning products to your ‘buy list’ with one click, then export and take it with you or sync with your online arbitrage inventory management tools.
2. Sage- The fastest and most accurate 24/7 monitoring software on the market
List products, automate inventory, monitor prices, manage employees, fulfill orders, and analyze results. Sync inventory and pricing between source retailers and Amazon to make sure you are buying low and selling high.
- List products to Amazon and our system simultaneously, with support for variations, kits, and product bundles.
- Take full control the initial price, shipping costs, and handling time for each item.
- Support variations, kits, and bundling multiple products into one ASIN.
- Auto-assign shipping to your items based on suppliers’ free shipping thresholds.
Order management & fulfilment without the headaches: Streamline the fulfillment process by automating tedious steps required to place orders and track shipments.
- Never sell out-of-stock: Automatically pause and re-list items on Amazon as they go in and out of stock on any of your sourcing sites.
- Streamline the process: Their technology reduces the number of tedious steps required to place orders and auto confirm shipments.
- Returns made simple: simplified way to override Amazon’s auto-authorized returns, using an easy upload template.
- Filter and export: Search orders and products by multiple attributes and run a real time report. CSV exports available for advanced analysis.
Sync Systems: Sync your existing Amazon inventory using our upload templates and integrate with other softwares for seamless business management.
- Monitor the available stock of an items across supported source sites and automatically update inventory levels on Amazon.
- Never worry about selling out of stock items, or manually adjusting available inventory again. Pause and re-list items as they go in and out of stock on your sourcing site.
- Control how much inventory to list based on your sourcing site’s availability.
Monitor Prices: Stay competitive on Amazon, even if your costs change. We make sure you never sell for a loss. Automate the crucial task of searching for up-to-date cost pricing on each item and syncing it to your repricer. Built-in API integrations help you sync information to your repricer in real-time. Edit variables like sales tax and shipping costs for each of your suppliers.
Handle Returns: Pre-built upload templates ready to upload for Overriding auto-authorized returns and account for refunds, fees, and P&L.
User Management & Collaboration: Stay organized with time-saving employee management functions.
- Set user permissions to allow for full access to reporting, or restrict to listings, products, and orders as needed.
- Sourcing employees can list directly to Amazon and OAGenius with 1 click without ever having access to Seller Central.
- Collaborate by leaving notes for your teammates about orders and products, streamlining your workflow and speeding up tasks.
Oagenius Review: Pricing
OAGenius has product based pricing. They have 1 week trial period which can be canceled at any point of time. No credit card details are required for free trial, so no fear of auto-debit or hidden costs remain. You can sign up using this link.
Gravity: It has only one plan for users to chose from.
Sage: has 5 different plans for users to suit their customised requirements.
- Access to all features. No long-term contracts. Cancel anytime.
- *5 users included ($15/month per additional user)
- **$300 / month per 5,000 additional listings
Oagenius Review: Supported supplier
Oagenius Review: Support
They have youtibe tutorials and facebook and twitter communities for help. Also the site runs a chat bot for any user help. They also have an extensive blog coverage listing any experience/issues faced by users.
Oagenius Alternatives and Competitors
1. Helium 10
It is a comprehensive suite of powerful tools which help Amazon sellers in running a smooth business by saving time and effort. The software also offers a chrome extension with robust tools and features. Helium 10 is one of the most popular and comprehensive must have tool if you’re planning to sell on Amazon. Our readers can get exclusive offer. Use code “ARBITRAGEINFO50” to get 50% off your first month and “ARBITRAGEINFO10” to get 10% off every month using this link.
BuyBotPro is an Amazon FBA online arbitrage virtual buying assistant with a robust chrome extension. BuyBotPro analyses thousands of data points to score deals for sellers. Being an FBA calculator and a buying assistant, it checks eligibility, Hazmat, private label status, competitor stock, and estimated sales. It also calculates VAT and exports deal information to a buying list in Google Sheets. You can sign up using this link.
3. Jungle Scout
Jungle Scout is a tool that enables you to analyze various profitable Amazon products and help you achieve a steady flow of income from your business. The Chrome Extension benefits an Amazon seller to have a comprehensive view of critical product details for a product niche at a glance. You can sign up using this link.
OAGenius is a suite of tools that helps arbitrage sellers discover opportunities, list products, manage inventory, monitor prices, and dropship orders. The Lister lists products to Amazon, or syncs existing Amazon inventory for bulk management. It supports variations, kits, and bundling multiple products into one ASIN. OAGenius monitors prices and stock levels, repricing listings and adjusting the quantity available as needed.
As you start to grow your business, you’ll realize quickly that doing things manually isn’t going to cut it. It’s time consuming, inaccurate, and inefficient. Your success and survival as a dropshipper depends on how well you manage the business. It is a necessity to invest in powerful and accurate software automation.
The only questions you have to answer are “how quickly do I want to scale my business?”, and “do I want to be set up for success on day one or do I want to undo bad habits and process at a later date?” Arbitrage is a lucrative business, but if you don’t do it the right way, you won’t get the results you desire.
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I and my team research various online verticals and can help you kickstart your Amazon business; so you could rake in more greenbacks with the best-recommended tools. Tap into the power of online retail business with me. I am just a mail away, so reach out to me if you want to scale up your niche business. mail: [email protected]