As of 2022, Amazon still remains as one of the best online shopping places in the world, next to eBay, Alibaba, Etsy, etc. Despite the recent growth of asiatic corporations, the incomes of the American multinational company keep on scaling. Undeniably it has to do with the pandemic that has helped to increase the number of buyers worldwide.
It’s no surprise that businesses from all regions, backgrounds and sizes struggle to gain those customers inside this Amazon marketplace. Since it provides global visibility, sellers can make good profit by offering their items on Amazon. In 2020, Amazon released a report stating that small and medium sized businesses were selling an average of 6,500 products per minute.
With that context given, it may seem difficult to enter the fight. It’s already hard to consider shipping, fees and taxes, visuals and description for the products. If you also have to think of the price competition among other thousands of sellers, you may wonder if it’s still convenient to give it a try. Sit back, we have the solution!
There’s a way to find out how much you should charge for every item. Not only you won’t be losing the chance to make more profit, but also you will be able to take advantage of other sellers in a worldwide market that contains more than 2 billion customers.
The solution we’re talking about is the Amazon Check Price and Search Items API. An API is a coding tool that can solve many issues and challenges. In this case, it can help you scrape data from the Amazon website, and you’ll find the ASIN code, the list price, the rating and total reviews of an item similar to the one you offer, in a defined market region.
For example, if you want to deliver your products only to the french market, you can make a request that fits that research. You will be able to find out how much is everyone charging for the same goods you want to sell in the same country.
You may find some other APIs that will grant you the opportunity to retrieve a list of prices for any product of your selection. But this particular API is really powerful because it scrapes the product’s ASIN code -the unique identification for every item offered in the platform-, and in that way you can even extract the product’s current price, its lowest and highest.
This historical information, as well as the real time update, make this Amazon Check Price API a very useful one. Your competitors will try to sell at the lowest price in order to make good use of the ‘supply and demand law’. There’s where you will take an advantage over them, by being aware first hand of every market variation with just one query.
Give it a try by yourself, and use this API for a modern monetization strategy for your business. It doesn’t matter what you sell, from 3d printed objects to pajamas or decorative indian plants. Your customers will be happy to buy you, and you’ll be happier to make a good profit.
You can find it on the Zyla Labs Marketplace, among other solutions for businesses. When you sign up, they will provide your developer team with an access key. On top of that, you will have technical support from the designers.