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Can You Trust Amazon's Data? [SKU Economics within 3% Accuracy]

1.4K views
•
October 20, 2022
by
My Amazon Guy
YouTube video player
Can You Trust Amazon's Data? [SKU Economics within 3% Accuracy]

TL;DR

Amazon's profit tracker provides close to accurate results with only a 2-4% difference in fees between different sections.

Transcript

how accurate is the Amazon profit tracker my name is Stephen Pope I'm the founder of my Amazon guy I previously did a video where I looked at how Amazon now has a new feature when you go inside the SKU button inside of the inventory report and scroll down to the bottom here on the very bottom right and I'll move my camera out of the way you can see... Read More

Key Insights

  • 💀 The Amazon profit tracker offers a convenient way for sellers to monitor net profits per SKU.
  • 👤 Users should be cautious of discrepancies between sponsored product charges and PPC costs when using the profit tracker.
  • 🥺 Timing delays and adjustments in spend allocation may lead to minor differences in fees displayed on the profit tracker.
  • ❓ Overall, the profit tracker provides directionally helpful insights into potential earnings.
  • 😵 It is advisable to cross-reference data between SKU economics and PPC portfolio for more accurate results.
  • 🔸 Small variations in the profit tracker's calculations are generally within the range of 2-4%.
  • 🥶 The profit tracker's free availability and easy accessibility make it a valuable tool for sellers.

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Questions & Answers

Q: How accurate is Amazon's profit tracker in determining net proceeds per SKU?

Amazon's profit tracker offers a close estimate of net proceeds but may have small variations of 2-4% due to timing delays and adjustments in spend.

Q: What led to discrepancies in sponsored product charges and actual PPC costs for some users?

The delay in reflecting fees, timing discrepancies in spend allocation, and adjustments within the campaign manager may contribute to differences in sponsored product charges.

Q: How did the business analyst team conclude on the accuracy of Amazon's profit tracker?

The team found that among audited SKUs, there was a minimal 2-4% variance in fees between SKU economics and PPC portfolio, indicating reasonably accurate results.

Q: Are discrepancies in the profit tracker significant enough to impact overall profitability analysis?

The small differences of 2-4% in fees between different sections of the profit tracker are generally negligible and do not significantly affect overall profitability analysis.

Summary & Key Takeaways

  • Amazon offers a new feature allowing sellers to track their net profit per SKU, giving insights into potential earnings.

  • A user questioned the accuracy of the profit tracker due to discrepancies in sponsored product charges and PPC costs.

  • A business analyst team investigated and found a 2-4% variance in fees between SKU economics and PPC portfolio.


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