Please also leave a comment if you think I’ve missed any products and I’ll do my best to review as soon as possible. This community is a place to discuss the business of dropshipping, from the entrepreneur side. It’s a place to share resources, solve problems and have serious discussions on issues we all face. Another great feature of the Lister is that it offers VERO and duplication protection. It doesn’t take many VERO takedowns to permanently suspend your account.
- The software is clean and straight forward to use, with resaonable reliability at a cost which once you list over 2,500 items begins to become every attractive.
- If I was to scale the business to say 10,000 items (20 times current amount) I feel that profits in the region of 10 to 20 times current average profit (i.e £730 – £1460 per week) may be achievable.
- Once on eBay the software automatically monitors pricing and inventory (exactly the same as Profit Scraper).
- Apply your code and check whether your discount was reflected and continue your checkout.
Pricematik’s funding and investors
Once you’ve scraped a category you’ll be able to sort through the items and check that they’ve matched correct. I’ve spent some considerable time testing the Pricematik product when Profit Scraper had closed its membership. The software is clean and straight forward to use, with resaonable reliability at a cost which once you list over 2,500 items begins to become every attractive. In the table below I’ve set out the combined cost of Hydra Lister and SKU Grid in comparison to some full service providers on the market.
Hydra Lister and SKU Grid – HYDRA FREE TRIAL / SKU FREE TRIAL – 3 Stars
As such you are making an arbitrage from the buy / sell prices. You will need to start by connecting your eBay Seller Account to the Profit Scraper Platform. This is as simple as clicking two links to give permission for Profit Scraper to access and update your various links (should the prices change etc). When you sign up for a PriceYak account you are asked to link your eBay shop to allow for full integration across the two platforms. Whilst having been a strong advocate of Profit Scraper over the last 6 months (see my review here), the free trail at Pricematik has opened my eyes to a very similar product offering.
Quick Links
The second type of software is a limited service product which usually scrapes already identified opportunities and lists (sometimes monitoring but unlikely) these items to eBay. As always, it’s important that the software is supported by strong customer service. Whilst the product was easy to set up, I questioned a couple of things (to test their responsiveness) and was surprised with the speedy replies from Nick (the founder) in both pricematik review instances. As mentioned earlier, I would strongly recommend using the American Express Cashback Platinum Card and making sure you use this link to get a further £25 cashback when you make your first sale. I’d highlight that after 2 months I’m still using the 500 Active Listings but will seek to increase this shortly. Aura Profit Hunter falls into the second category – a very basic version at that.
The Manager pricematik is a nice feature because you can import all of your existing listings into Pricematik. The cool feature allows you to keep track of your profit and inventory all in one place. It will also make searching for your own listings more convenient than eBay’s Seller Hub.
- When you sign up for a PriceYak account you are asked to link your eBay shop to allow for full integration across the two platforms.
- You’ll need to insert the ASINs into the PriceYak create listing tab and run the software.
- Please also leave a comment if you think I’ve missed any products and I’ll do my best to review as soon as possible.
- Whilst this is helpful to get started initially, where considerable profit is made is when you identify an item with little or no competition.
- We’ve assumed that items within SKU Grid would be checked every 2 hours (the same basis Profit Scraper).
As you’ve uploaded the items through Hydro Lister these will automatically be within SKU Grid with standard monitoring functions being undertaken. You can choose the frequency of the price monitoring for which each pricing costs one credit. Profit Scraper recently had to close their membership subscription due to poplar demand. This has since reopened however I suspect this will be for a limited time only. Check here to see whether Profit Scraper are still accepting new members. For those who are new to the expression ‘retail arbitrage’, this is where you buy an item and then sell it on for a higher price.
This is straight forward and should take no longer than 2-3 minutes. Make sure you verify your account to remove an sending/receiving limits which Paypal may apply to new users. Click here for a free £5 voucher when you make your first purchase on Paypal.
By using the following link you can receive a 14 day free subscription to Pricematik. Profit Scraper have since reopened their membership however I suspect this will be for a limited time. Let’s venture back in time to the Silk Road to look at a historic ‘retail arbitrage’. The Silk Road began over 2,000 years ago with the likes of silk, cotton, glass, salt etc traded between merchants who would seek to by items in the east and sell them for a higher price in the west.
Now that we know that the Hydra Lister / SKU Grid offers a limited service product in comparison to some of its competitors, it’s important to assess the costs. As you may have guessed, the software doesn’t support automatic purchasing. SKU Grid offer a 7 day free trial which I signed up to and was promptly provided with log in details. The platform home page takes a little getting used to and unlike most competing products pricing is based on a credit basis. You’ll quickly find that there are two types of products on the market. The first is a fully automated platform which will source profit arbitrage opportunities, automatically load these to eBay, monitor pricing and even order the products on your behalf.
Join our mailing list to receive our best articles on luxury worldwide travel and points earning opportunities. If you’ve found a Pricematik great deal, promo, discount, coupon, or sale you want to share with us, visit our Share your promo code page. It’s a place to share resources, solve problems and have serious discussions on issues we all face. The act of buying an item and selling it on for a higher price, is by no means illegal and in fact is the cornerstone of our economy. There’s a strange psychology with eBay users (me included!) who are of the opinion that for items under say $100, eBay has got to be the cheapest place to purchase. Apply your code and check whether your discount was reflected and continue your checkout.
Reliability isn’t quite as good and it’s slightly more expensive for beginners. Whilst the product was easy to set up, I questioned a couple of things (to test their responsiveness) and was surprised with the speedy replies from Nick (the founder) in both instances. Whilst having been a strong advocate of Profit Scraper over the last 6 months, the free trail at Pricematik has opened my eyes to a very similar product offering. I would recommend only considering Pricematik or alternative are planning on listing more than 2,500 items going forwards.
If you have any questions about using your coupons online, please contact Pricematik Customer Service. People can find numerous options online to consider and shop at Pricematik, using online coupon codes and discounts. These coupons allow people to make the right choices and save big every time. You also get Title Builder with the lister that will help you build an effective title to rank higher in eBay search results. Pricematik will suggest relevant keywords that you can use in your titles.