Tracking your business metrics and financial health using the profits tool is not difficult. Here’s how the tool works.
Go to the navigation panel on the left side of your screen, click on the Profits tool, then click on ‘Get started’.
Next, follow the instructions in the slides that follow to link the profits tool to your Amazon account.
Provide the necessary details to sync your Amazon account and click ‘save’
Overview of the Profits Dashboard
Once both accounts have been synced, the first tab you’ll see is the Revenue summary tab. Under this tab, you can see your gross revenue, the number of orders, and profits for the day.
Scroll down a bit to see your store performance and store trends for the last 7 days or 30 days.
The bestseller’s section comes right after the store trends section. You can track the performance of each ASIN and specify the date range for the period you want to view by clicking the dropdown arrow at the right side of your screen.
The store summary section comes next. The chart shows your expenses and other performance metrics over the course of 7, 30, 60, and even 90 days.
Scroll down a bit more and you’ll be able to see the PPC Summary section. Under this tab, you can PPC Gross revenue, PPC Gross sales, ACOS, and everything related to PPC sales. This will help you track your marketing efforts and results.
The next section is the inventory forecast and valuation tab which shows the number of ASINs, quantity, cost valuation, sales valuation, and estimated profit. The inventory forecast tab also suggests a restock date for each product.
To use the other feature under the Profits tool, open the navigation panel on the left side of your screen and click the feature you want to check.
