What is Algopix & How it Helps Sellers?
Algopix is a comprehensive product market research platform that provides essential data to analyze market demand, possible margins and shipping costs for current and future inventory.
By providing rapid actionable product insights, Algopix helps sellers save time on manual research, increase sales volume and reduce risks of buying low-demand or low margin inventory.
Insights for Amazon sellers: Algopix lets you know which products are recommended for buying and selling – and which are not, with key relevant data points such as: Recommended Market Price, Total Sales Estimation, Competition Analysis, Demand Level, Estimated Profit, and detailed Expenses Breakdown.
With machine learning and AI at your side, use real-time data and advanced algorithms to choose which items to buy and where to sell them.
Sales estimator: Algopix estimates monthly sales volume and gross merchandise volume (GMV) for any product on Amazon. This not only allows you to make more informed product-sourcing decisions, resulting in increased sales volume and less overstock, but also reduces your risk when expanding internationally.
Expense analysis: Algopix provides a detailed analysis of FBA costs, shipping fees, marketplace fees, and taxes for each market of interest. Using this information, you can better understand the impact on your bottom line.
Competition analysis: Algopix provides essential data about your competitive landscape so you’ll know who you’re competing with. The data can help you decide whether to compete or allocate your resources for a different product.
Google AdWords insights: Based on the products searched, sellers can learn more about a brand’s trend, popularity or seasonality; drive traffic to their Amazon listings, accelerate product adoption and improve catalog ranking instantly.Algopix Google AdWords analysis provides a recommended search phrase, average cost-per-click, competition level and estimated cost-per-acquisition for the recommended phrase.
Bulk analysis and API access: Sellers can upload price quotes or product lists and receive actionable insights for a large number of products. API access provides sellers with unlimited product analysis, customized workflows, automated and scheduled reports and constantly updated data in your system.
Features
- Product analysis: Input a product identifier (Name, UPC, EAN or ASIN) and purchase price, and we will analyze the validity of selling or buying the product.
- Sales and expense: Sales estimator, projected expenses, profitability breakdown, pricing and demand overview.
- Product recommendations: We can inform sellers if the projected profit margin and the market demand level on certain products is high enough to justify its purchase.
- Product Research and Scouting
- Analytics and Reporting
Algopix Pricing
At Algopix, we offer different plans so you can choose the one that is right for your eCommerce business and budget. The plans start at $19.99/mo for unlimited searches. Annual plans are available at 40% off the monthly rate, and a free 7-day trial period is available as well. We also offer API access for sellers that wish to get the data they need when they need it. With over 30,000 sellers using Algopix, we know that you will get a substantial benefit from using the platform.
All transactions are directly between you and the developer of this application. The developer may set its own policies on pricing, usage, and cancelation related to this application. Because Amazon isn’t directly involved in the development or sale of this application, you will need to contact the developer for any technical support or customer service questions.
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