This chrome extension helps you find profitable wholesale products based on the whole sale formula class. it will find products based on the following criteria:
The product has to pass the 3 step formula:
1- Amazon is not a seller.
2- Price is > $10
3- there are 1+ FBA sellers.
once the above is validated, then the extension will give you the estimated profit based on the jungle scout monthly sales estimator found at www.junglescout.com/estimator:
1- Find the BSR of the product
2- Based on the BSR the extension will get the monthly sales estimate.
3- Calculate the number of competitive seller (including you) that are 2% of the buy box price and are FBA sellers.
4- Calculate the profit based on the formula:
Jungle scout estimation/competitive sellers (including yourself)
Multiply the result by the buy box price
multiply the result by 0.15 (which is very conservative profit percentage)
5- Give you the potential profit you can get from the product.
The extension has an on and off switch that will only run when you want it to run. After you turn on the extension refresh the page and you will see the result under each product.
1) Check the 3 Factors of an Awesome Product and then
2) Do 4 easy calculations to find out how much money you could be earning every month.
The best part is all of this is done while you are browsing the amazon page.