As you know, finding profitable inventory is the key to sustaining an Amazon business. One of the key components is using a reliable scanning app like the Amazon Seller App or the Scoutify App.
The free Amazon Seller app is good, but you can get a lot more information and make better buying decisions with a third-party app like Scoutify.
With any scanning app, you need to be able to scan the barcode, get the Amazon selling price, the Amazon Best Sellers rank, and the Amazon Category.
Simple enough right?
Well, Scoutify lets you do a whole lot more than that!
I've been using Scoutify for years, ever since it first came out. The Scoutify App is one of my favorite tools, and now that they've done a huge update, it's even better.
The update was so major that they gave the product a whole new name: Scoutify 2! So this isn't just updates to the appearance, it has a lot more features now that will help you make profitable buys.
Scoutify 2 is available for iPhone and Android devices. And you can use the app for “Free” with your subscription to Inventory Lab. If you have been needing a reason to get started with Inventory Lab, this may be it!
Scoutify 2 Review: Top 7 Features
I'm sharing my full review of what Scoutify 2 has to offer so that you can see how it might help your business.
I'll be honest, I don't even use all of the features that are in Scoutify 2 – that's how much stuff it does! But I want to show you some of my favorite features that make scanning faster, easier, and more profitable.
Check out my 7 favorite features of the Scoutify App from Inventory Lab.
1. Quick Scanning
Scoutify 2 is a scanning app, so let's start with the obvious. You will scan much faster with the Scoutify App than with the free Amazon Seller App!
Like the Amazon App, Scoutify's in-app barcode scanner uses your phone's camera to scan barcodes. But it scans them SO much faster!
When I use the AZ app, I have to wait for the camera to focus. And I feel like it's super picky and I have to be standing in just the right spot. There are actually times with the Amazon app when I've given up and searched for the product by name instead!
The Scoutify 2 UPC scanner is the exact opposite. It is lightning fast! Even if it just goes over a section of a barcode, it still gets a nearly instant scan.
If you want to scan barcodes even faster, you can pair Scoutify 2 with a bluetooth scanner. This allows for a more discreet scanning experience (and it lets you scan items that are overhead).
You can pair a mini bluetooth scanner with the Scoutify App free of charge.
2. Detailed Search Results
Scoutify 2 makes it really easy for me to identify the best products when I'm doing Retail Arbitrage.
Now if I have a barcode to scan, Scoutify 2 will only bring up one matching result. But sometimes UPC codes don't scan properly. And other times I just want to do a quick search by name for a product line or brand.
Here's what happens when I search for “Our Generation Outfit” in the Scoutify App.
Because the app returns several lines of data for each item, I can quickly see: Product Name, ASIN, Number of Offers, Current Rank, Amazon Category, and the total number of Products in that category.
This gives me a lot of info at a glance to see which products are worth clicking to do more research. For example, I wouldn't click the second result because the rank is way too high.
3. Ideal Buy
Did you happen to notice those big green “Thumbs Up” icons in the Search Results image I shared?
Those mean that Scoutify considers this to be an “Ideal Buy” – one that is worth looking at more closely.
But this isn't arbitrary. I actually give the Scoutify App some criteria that will qualify an item as thumbs-up-worthy.
You can do the same by going into your settings in the app.
So first, I have the Ideal Buy feature toggled “On” – you don't have to use this at all if you don't want to.
Then, for the actual settings, I've selected a max number of offers of 50 (I don't really need to compete on a listing with hundreds of other sellers). Plus, I think a buy is “Ideal” when Amazon is not in the Buy Box and when an item has a Great Rank. You can set your own definition of Great Rank elsewhere in the settings.
Once you tap “save changes”, those rules will go into effect. Now you'll only see that Thumbs Up on products that meet your own criteria. 👍
4. Accurate ROI & Profits
This is where Scoutify 2 really shines. The app can give you so much detail about your profitability.
If you're someone who's just been “guessing” your ROI or your net profit, then Scoutify 2 is about to rock your world (and your bottom line!).
When you click on an item in Scoutify 2, you're taken to a detail screen with the number of offers.
For this product, I can see that there are 7 total offers and that a New FBA offer at $21.95 has the Buy Box.
But I can also see instant returns of my profit and ROI based on a certain listing price.
For this sample product, I entered my Buy Cost of $5.00 and used the Default list price of $21.95. You can change either of those amounts by clicking on them. Scoutify then automatically calculates my ROI and Net Profit.
But that's not where the profit party stops! Here's what you see when you click on the “Profitability” tab for this same item.
This shows a full breakdown of List Price, Amazon Fees, Cost per Unit (including my sales tax rate), and inbound shipping cost. You can even compare your FBA Net profit to MF Net profit (although the MF profit doesn't include the cost of shipping to the customer).
To get this much detail, you need to add your average inbound shipping cost per pound and your sales tax rate. These are costs that a lot of people forget about when they are listing their products. But they can easily add up quickly if you are working on low margin or heavy items.
Here are my settings for Shipping, Taxes, and Discounts. I use $0.50/lb as my inbound shipping rate estimate. You can use a higher number if you like a little more wiggle room or a lower number if you're certain that you get cheap shipping costs every time. I think $.50/lb is ideal for new FBA sellers.
You could even enter a Default Discount if you were shopping at a store and had a 20% off coupon to use. Of course, you'd have to remember to change it back to 0% after that sourcing trip.
5. In-App Restrictions
The new version of Scoutfy lets you check Restrictions right in the app. No more switching back and forth between Scoutify and the Amazon Seller app! Although, to be fair, only the Amazon Seller App shows Hazmat status.
Once you're on a product detail page in Scoutify 2, simply click the red Restrictions button. If this is the first time you're doing it, you'll be prompted to log in to your Amazon Seller Account. That's how Scoutify gets the restriction information.
Here's how a product looks when I'm not restricted:
This is a Toy so I actually can't sell it in Used conditions (but that's because you can't sell any Toy in Used condition, only Collectible). But I'm good to go for listing this product as New.
Here's how a different product looks when I am restricted (gated) from selling it:
There are no allowable conditions for this one, so I know that I can't sell it at all.
However, even I get some bad news like a Product Restriction, I can still request automatic approval from Amazon (more on that in the next section!).
6. One-Click Research
Scoutify 2 puts the best product research tools right at your fingertips. All you have to do is press the orange Research button when you're viewing a product.
Here are all of the options you have and I've marked the ones that I use the most with red:
Here's a brief rundown of those options:
- Amazon Listing takes you to the main Amazon product page – I do this if I need to compare product photos or view any back-ordered information
- Amazon Prime takes you directly to the list of Prime offers
- Keepa and CamelCamelCamel let you check price and rank history for a product
- The Bookscouter app checks for prices on other book buyback marketplaces (for books only)
- The eBay and Google options will search those sites for the product you're researching (this can help you compare prices)
The last one, Amazon Restrictions, takes you to the “Add a Product” screen in the mobile version of Seller Central. You might have to log in first from your browser.
But once you're there, you can go through the steps for automatic approval. Which means that you can get approved on the spot while you're out shopping. Pretty cool!
7. Buy Lists
Ok, this isn't a feature that I'm currently using but I know that some of you might be interested in using it. So I gave it a mini test-drive 🙂
You can create a Buy List in Scoutify 2 as you source and then upload that list into Inventory Lab when you're ready to create a shipment.
When you select the “Add” button on a product page in Scoutify, it prompts you to fill out some information about your purchase. This is a lot like the information you provide when you List in InventoryLab:
For the sake of this review, I made a really small buy list. I added the product above and one other ASIN.
Then you can view your Buy List in Scoutify 2 (it's the Shopping Cart icon) and email it to yourself. You'll receive a CSV file by email.
You don't need to open that file. But when you create your next Batch in Inventory Lab, you can import your Buy List CSV file on the “New Batch” screen:
It transfers over all of the pricing info, supplier info, ASIN, and everything else that was entered into the Scoutify App.
Inventory Lab has detailed documentation for using a Buy List in the Help section of their website. So if you need step-by-step instructions, they've got you covered.
I can see a lot of potential for using Buy Lists. I just already have a good workflow in place for listing items at my computer.
Get Scoutify 2
If you have an Inventory Lab account already, make sure to download the Scoutify 2 App today and check it out! I think you will be very happy with it.
I definitely recommend both Inventory Lab and Scoutify 2 for new and experienced sellers. It allows you to streamline your scanning and listing process while keeping an eye on profitability.
If you have not yet tried out Inventory Lab, you can get a free month to see how you like it. Just go here and sign up today, then you can use your new account credentials to use the Scoutify App.
Once you have checked out the new Scoutify 2 App from Inventory Lab, I would love to hear what you think about it. Please share your thoughts below!
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