Are you looking for the best Amazon product research tool? Need something that’s reasonably priced and designed to help identify the right products? No worries! We’ve got it all covered up for you. In this Egrow review, we will introduce you to an outstanding Amazon market research tool that comes without any fancy add-ons and does just one thing — Product Research.
Online retail businesses are incredibly lucrative, and there’s barely anyone who would want to miss out on setting up an online selling business. But did you know that only a small fraction of the thousands of people who set up their online store end up being successful? The reason why most people fail is almost always the same — budget mismanagement. As the budget needs to cover up several expenses such as product cost, product procurement cost, content creation cost, SEO cost, PPC cost, and more, there is barely any money left to buy any tool.
Now, this is where people go wrong — they think last about what they need to first invest in. Before you choose a product, you need to know if there is a demand for it, and precisely that’s what this tool does. So, whether you are an existing Amazon seller or someone aspiring to set up an online store on Amazon, you need to have an Amazon product research tool to guide you through.
Today we are going to talk about one such tool- Egrow. Amazon is one of the largest eCommerce marketplaces that attract sellers from all over the world, and then keep them on their toes due to high competition. Before getting into further details of Egrow review 2021, let’s get to the basics.
What is Egrow?
Egrow is a web-based Amazon product research tool, which also comes with a chrome extension. This tool shows you live results and real-time data pulled out from twelve Amazon markets. This Egrow has recently caused a buzz due to its affordable pricing plans, which makes it an excellent alternative for JungleScout, AMZScout, Viral Launch, and other expensive Amazon market research tools.
Although moderately priced, Egrow can still do what it’s supposed to do — product research. If you are just starting your Amazon journey or are in the initial stages, then having a pocket-friendly Amazon product research tool is highly desirable.
You have probably done your homework by investing time and money in learning the basics of how to do your product research. So, you must be well aware of choosing products that are in high demand but have low competition. Also, you might know the risks involved in selecting seasonal products and why you should avoid selling them until you see some signs of success as an Amazon Seller.
Now the big question is — how to find the best products without spending a fortune on expensive tools. Therefore, we decided to cover up this tool, which pulls out accurate data and is budget-friendly. Now that you know what Egrow’s all about, let’s dive in a little deeper and explore all of its features.
As soon as you log into your Egrow dashboard, you will see four options — Product Tracker, Database Research, Live Amazon Scanner, and the Keyword and Niche tool. Let us now look into each of these four modules and more.
Database Research
It is the first module that sets the wheels into motion for your product research. By using the right filters, you can easily find the most profitable products to sell. Before you get started, you need to know the specific category and sub-category in which you wish to trade.
If you want to sell in the Gardening category, then your sub-categories could be Planters, Planter racks, seeds, Hydroponic kits, etc. The next thing you need to know is how much money you are willing to invest in the product.
To start off, you need to source at least two hundred units of whichever product you choose. So, if your budget is $4000, then minus the shipping, and you’ll have close to $3,500. Now divide that by two hundred units, and you’ll know the price range within which you need to find products. In this case, $3,500 divided by two hundred is $17.50 per unit.
You may then want something that isn’t too heavy and has a demand but isn’t saturated with too many sellers competing against each other. Also, during the initial phase, you would want to avoid products sold by Amazon’s in-house brands.
Once you have that sorted out, you simply need to choose the rest of the filters and define the search criteria based on what you are looking for. Doing all of this and more is made possible by this Amazon product research tool and its incredible filter options. A few to mention are price, total reviews, number of sellers, weight, estimated sales that lead you to the exact thing you’ve been looking for. You can also set custom filters and save your searches to save time in the future.
Keyword Research with the Keyword and Niche Tool
You may have used the many keyword planners offered by the various tools, but did you know that none of them give you the real picture? The reason is simple and straightforward! Unlike Egrow, most of the similar tools bank upon search volumes of the various keywords you dig into, but what if we told you that none of these numbers come from Amazon? Surprised? Well, as a matter of fact, Amazon does not store search volumes for any of the keywords because it doesn’t have to.
The numbers shown by most of the Amazon product research tools come from Google search volumes. It makes no sense to pull out data from search engines because it only indicates what people have been searching for, but not the number of units sold. This sort of data could serve as supplementary information, but it would be highly erroneous to make a business decision based on that.
However, Egrow’s algorithm works differently — it pulls out the ten best performing products based on objective metrics, which helps you make better business decisions. These metrics include price, positive reviews, seller ranking, estimated monthly sales, and product price. You can also sort them out on the basis of weight and size, to know the exact packaging and shipping costs that you may incur.
Live Amazon Scanner
The Live Amazon Scanner is a unique module of this Amazon product research software that allows you to view and use Amazon pages as you would on Amazon. You can then see useful product-specific data such as average price, average sales, average reviews, and total revenue generated from that product. This tool also lets you save your searches on the Amazon Live Scanner and export the data with just one click.
Simply log into your Egrow account or download and install the Chrome Extension of this tool. Whichever one you choose, the next steps remain the same. To get started, you must select the department and type in the product name and then run the search. Egrow then pulls out all the relevant data from Amazon and presents it to you. Near the search bar, Egrow’s intuitive dashboard also recommends other phrases the product that you’ve been searching for.
Product Tracker
If you are looking for a specific product but can’t find it in Egrow’s database, then that’s not the end of it. You can always ask their team to find that product and scrape relevant data. That’ll be done in less than 24 hours. So, that gives you all the product-related data at your fingertips. You won’t need any other platform to support your product research.
ASIN based search
If you are new to selling online or are just about bud, then you may not entirely know the power of Amazon Standard Identification Number (ASIN). It is a ten-character unique alphanumeric identifier set by Amazon to identify a product. So, imagine the kind of relevancy that can be associated with data searched on this basis.
Yes, Egrow offers this under all its packages. You can use it to find out the keywords for which your competitor is ranking. You can then use them as is, or with slight variations if you are about to penetrate the market and wish to avoid competing with established sellers.
Wide Coverage
As mentioned above, this Amazon product recommendation tool turns out to be cost-effective. It is highly productive as well for the sellers aspiring to sell across various Amazon marketplaces. Currently, it supports twelve Amazon marketplaces — India, USA, Canada, UK, Australia, Germany, Spain, France, Brazil, Italy, UAE, and Turkey. As you can see, it is one of the few affordable Amazon market research tools that cover the Australian market.
Also Read, Niche Scraper Review 2021 – Best Product Scraping Tool
Pricing
Egrow offers four pricing plans to get you started with your online selling business — Basic, Standard, Plus, and Premium plans. You can choose between the inexpensive annual pricing or the monthly packages for each of the four plans. The key distinguishers are the number of products you can research with each plan, the number of keywords you can explore, and the duration for which you can access the historical data.
Basic
- Great to kick start your Amazon selling career
- Currently Free
- Covers 12 Marketplaces
- Shows Historical Data of 7 Days
- No. of Chrome Extension uses per day – 5
- Track up to 5 products
- No. of Keywords you can track – 5
Standard
- Best suited to enhance your Amazon selling career
- Priced at $20 per month
- Covers 12 Marketplaces
- Shows Historical Data of 30 Days
- No. of Chrome Extension uses per day – 20
- Track up to 50 products
- No. of Keywords you can track – 50
Plus
- Ideal to spice up your Amazon selling career
- Priced at $24 per month
- Covers 12 Marketplaces
- Shows Historical Data of 90 Days
- Unlimited Chrome Extension uses
- Track up to 100 products
- No. of Keywords you can track – 200
Premium
- For Seasoned Sellers looking for alternative tools
- Priced at $30 per month
- Covers 12 Marketplaces
- Shows Historical Data of 90 Days
- Unlimited Chrome Extension uses
- Track up to 300 products
- No. of Keywords you can track – 1000
Conclusion
If you are looking for a transparent and affordable Amazon product research tool, then Egrow can help accelerate sales and maximize your profits. All the calculations made by this tool are based on scientific metrics. You can be sure that it’ll help you make the right decision. After all, choosing the right product isn’t the end of it. You need a tool that helps you plan the rest of the overheads, and that’s what this amazing tool does.
