How to use Wholesale Grading Tool?
Before we get too deep into the Zongrading tool, let's discuss what exactly Amazon's wholesale model is.
Amazon's Wholesale Model
The Wholesale model is the one where the Seller buys products in mass straightforwardly from the local supplier or brands directly at a discount cost and afterward creates a gain or profit by selling the products on Amazon. Under this model, you might be one of the numerous sellers who sell the products on Amazon, or you might be the main seller offering this specific product in the Amazon store.
This model works quite well on Amazon but the profit margins are not that high, you don't have to invest a lot of money upfront or you have to invest the money but the products are already branded so liquidating the inventory becomes very easy and you don't get into a lot of loss if one doesn't get successful with their product.
The thing with the wholesale model is that the products are already listed on Amazon, their photos are done, and there are already sellers that are selling that product, all you have to do is to check whether the product is profitable enough or not.
How Zon Grading Tool Works?
While doing wholesale, first of all, you need to find a particular supplier, check what products that supplier is selling, and see if those products are actually profitable with the Cost of Goods that those guys are offering on Amazon.
In order to avoid this lengthy process, we have created a tool called Whole Sale Grading where you can upload a list from a supplier or you can actually get a list of products from the supplier and insert it into the system and see what is their current selling price, is the product actually profitable to sell on Amazon? What are the monthly units sold?
You can access the Zon Grading tool from the sidebar under the Reseller Tools dropdown or directly from your dashboard as shown in the screenshot:
In order to add a single product to the grading list, you need to click on the Add button.
You can add the ASIN of the product or UPC. Suppliers very rarely give you actual ASINs, they will mostly give you UPCs.
When you enter a UPC in the system, it will check on Amazon so these are all the products or ASINs that match with the UPC, you need to select a product and enter the COGs and our tool will fetch the data for you.
For example, if we are fetching the data for the ASIN B07YSXM6BX and we have set the COGs at £5.00, you can actually have a profit of £3.37 so it means that the product is profitable enough for the wholesale model.
If the P&L stats are in red color it means that you will have a loss and the product is not profitable enough. The stats in green color indicates the profit.
To streamline the process of adding multiple UPC or ASIN codes, you can utilize the import feature.
After clicking on the "Import" option, you will be directed to a dedicated import page. Here, you'll have the opportunity to specify the details of your import. The first step is to choose the marketplace you are working with. Then, you need to select the type of data you'll be importing. You can typically choose between ASIN, UPC, or EAN, depending on the information you have available and the requirements of the marketplace. Make sure to choose the correct option to ensure a smooth import process.
To make sure you format your file correctly, kindly download the sample file from here, which serves as a template.
Then, you'll be prompted to upload a file. This file should contain the list of UPC, ASIN, or EAN codes you want to add to the Zon Grading tool. Ensure that the file format matches the tool's requirements.
After uploading your file, you'll be directed to a step where you have to specify whether the file you uploaded contains column headers or not. You will need to select "Yes" or "No" based on whether or not your file includes column headers. Then, select the appropriate options from drop-down menus that correspond to the specific data columns in your file. This helps the tool understand the content of each column, ensuring accurate import and processing of your data.
Upon uploading the file, the Zon Grading tool will automatically scan the data for validity. If any data in the file is invalid, it will be marked as red, making it easy to identify and address errors.
Valid data will be processed and uploaded into the tool. You can proceed to the main grading dashboard to view and work with your successfully imported data.
The Zon Grading tool is designed to make your experience as seamless as possible. We hope this step-by-step guide helps you effectively utilize our tool, making your wholesale operations more efficient and successful.
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