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.
- In short, Pricematik offers the most cost effective price when listing over 3,000 items.
- Setting up Profit Scraper is relatively straight forward with various videos on the website walking you through the various elements.
- I’d highlight that after 2 months I’m still using the 500 Active Listings but will seek to increase this shortly.
In short, Pricematik offers the most cost effective price when listing over 3,000 items. To compare the costs with PriceYak above, if I was to list 25,000 items using Pricematik it would cost just $0.02 per item verses $0.10 for PriceYak. A considerable saving when you are listing soo many items I’m sure you’ll agree. I’d highlight that after 2 months I’m still using the 500 Active Listings but will seek to increase this shortly.
How does Profit Scraper work?
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 pricematik review 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. 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.
Profit Scraper Review – Amazon to eBay Arbitrage Software
By default, pricing and availability is updated every two hours with profit margins of 10% set after eBay and PayPal fees. Unlike Profit Scraper, PriceYak handles integration from 4 source markets and can list them on three destination markets. 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. Similar to Profit Scraper, Pricematik offers the ability to scrape other eBay sellers. Whilst this is helpful to get started initially, where considerable profit is made is when you identify an item with little or no competition.
Finding Opportunities
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. 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. 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. 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).
Full service automated platforms and limited service products. Aura Profit Hunter falls into the second category – a very basic version at that. You’ll quickly find that there are two types of products on the market.
Once you’ve ordered the items make sure that you move the items from the addresses section of the auto order page of profit scraper to the completed. Similarly make sure that you update eBay once you’ve sent the items out. Pricematik offers clean straight forward software which allows you to upload products to eBay by the click of a mouse. Once on eBay the software automatically monitors pricing and inventory (exactly the same as Profit Scraper).
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