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Sellerboard Vs. InventoryLab 2023: Which Tool is Better? [Pros & Cons]

Are you looking out for an honest Sellerboard vs InventoryLab review? Are you still unaware of what these tools are actually all about? Wait no more and read out our Sellerboard Vs. InventoryLab comparison review ahead to explore what you can really expect from both these tools!

Running an Amazon FBA business is extremely difficult, but what if we tell you that you can simplify this process to a very great extent? 

Yes, you heard that right!

Streamlining FBA operations is a dream of many, but only a few have made it possible by choosing the right Amazon seller software platform. And two such popular software that is super easy to use and highly affordable are: Sellerboard and InventoryLab.

With these tools, you can literally explore anything and everything from the comforts of your home – be it the business size, market, product variety, and other essential factors. That being said, here in this Sellerboard Vs. InventoryLab review, we have covered all the details on features, pricing, and other important factors; for you to make a wiser decision, let’s get started!

Quick Summary,

Sellerboard is a popular profit analytics tool for Amazon sellers, which is also now offering many more powerful tools like inventory management, PPC optimization, listing change alerts, and more. InventoryLab is a powerful inventory management tool, which, similar to Sellerboard, offers many more features to Amazon sellers. As of now, we would not say both tools are the best Amazon all-in-one software, but given the features they provide, both tools are literally worth trying.

Sellerboard Vs. InventoryLab: Overview

What is Sellerboard? – Sellerboard Review

Sellerboard Review

As mentioned previously, Sellerboard is a popular profit analytics software for Amazon sellers offering legit real-time data, all within a few seconds. Apart from this, the software even offers multiple features like an inventory management tool, PPC optimization tool, and a lot more to increase sales and profits quickly. 

The tool, as of now, is used by over thousands of Amazon FBA sellers across the globe. Not just this, the team has recently come up with an exclusive mobile application for sellers to access their accounts from wherever they wish to. 

What is InventoryLab? – InventoryLab Review

InventoryLab Review

InventoryLab is a powerful inventory management software that has already helped hundreds of businesses of all sizes to keep track of their stock levels, orders, and sales. This software, as of now, offers a variety of features, including real-time alerts and customized reporting. 

With this tool, Amazon sellers can always stay rest assured of their inventory because their products will always be in stock. And thus, they can shift their attention to improving their customer service levels without worrying even a bit about any risk of lost sales.

Sellerboard Vs. InventoryLab: Features Breakdown! 

Sellerboard Features at a Glance

1. Profit & Loss Table

The best feature of Sellerboard, liked by thousands of Amazon sellers, is the profit and loss table itself. This table is basically a smart, clickable profit and loss statement for Amazon sellers through which they can explore each tiny parameter. They can even customize the time frame to get granular data, that is, by month and by specific dates. 

Sellers over here even get to filter out the results by marketplaces and products in any selected time frame. 

2. Customer LTV Dashboard

Yet another feature Sellerboard is famous for is the customer lifetime value dashboard. And this one is really very amazing, PERIOD. The LTV of any customer is the revenue they generate for the seller in the whole purchase lifespan. Now, through this dashboard, sellers get to analyze the LTV of any customer and further plan out an effective marketing strategy

In fact, through this LTV dashboard, sellers can plan their customer acquisition cost and how much they should invest in retaining any specific customer or acquiring new ones. 

3. Autoresponder

The autoresponder feature by Sellerboard is all about the software sending personalized emails to your customers. Sellers over here get to personalize every email. Moreover, they can even create separate campaigns according to their own stock-keeping units, product, or any product group. 

Through this feature, sellers can even exclude any order manually, blacklist any customer, or stop any mail sequences manually. They can also attach bonus content to emails like a guide, ebook, or tips and tricks blogs. 

4. Trends

Next comes the trends feature by Sellerboard that helps users to keep track of every important key performance indicator of every product. Over here, by KPI, the software means BSR, returns, profits, and sales. Suppose any of these indicators are showing a negative sign. In that case, sellers then further can take actions like decreasing the price of the product, checking the overall quality of the listing, and running ads. 

Additionally, sellers over here get to select a specific KPI and a particular time frame to get more detailed results. 

5. PPC Optimization 

The PPC optimization feature by Sellerboard, with its one-of-a-kind dashboard, allows sellers to track the profitability of any PPC campaign, ad group, or keyword. The unique algorithm of the software gives sellers rough profit estimates as well. And thus, based on these estimates, Sellerboard even calculates the break-even ACOS and break-even bid for every keyword. 

The tool, at this step, also gives sellers recommendations on how best they can optimize their future bids. Sellers can even make use of the pre-set strategies or can build one for their business with the recommendations given.

6. Alerts

The alerts feature by Sellerboard gives sellers quick alerts of any listing changes, new seller entries, changes in FBA fees, changes in product dimensions or referral fees, negative or neutral seller feedback, details of Parent ASIN being removed or changed, or new ASIN added. 

This feature is super beneficial for professional Amazon sellers who don’t have much time to monitor their seller feedback section, listings, or any changes in Amazon’s FBA fee.

7. Inventory Management

With the inventory management feature by Sellerboard, sellers can actually stay rest assured of their inventory because the tool literally takes care of everything. In short, with this feature, sellers will never be able to run out of any stocks ever again. They can literally configure each product’s manufacturing and shipping time from the FBA warehouse to the prep center. 

The tool even notifies sellers about when they will have to place another order and also gives quantity recommendations. Apart from these features, Sellerboard is even popular for some other amazing features as well, like love dashboards, configurable charts, refunds for lost inventory, cash flow, and more.

InventoryLab Features at a Glance

1. Real-Time Product Scouting

Product scouting and sourcing are one of the major problems many Amazon FBA sellers face, but real-time product scouting solutions by InventoryLab has got answers for everything. This solution gives sellers precise data in the areas that really matter the most or will matter in the near future. It even gives the sales history of any specific product, followed by the listing price, quantities, and buying cost.

2. Listings Management

Next comes the listing management software by Sellerboard that literally takes off the listing management burden from the seller’s shoulder. Over here, sellers don’t really have to take care of printing labels. They just have to list products, give labels to each just for once, pick up a shipment type, and then track cost and visualize their net profit instantly.

3. Accounting 

From every little Amazon FBA fee to other business overhead expenses, Amazon FBA is undoubtedly a daunting task, but not with InventoryLab’s accounting solution. 

4. Inventory Management

The inventory management feature by Sellerboard manages your inventory without you even worrying about it. You can check out your total stock value, sales value, and other accounting details, all in just a few clicks. 

5. Reports & Alerts

Still, having multiple questions on how your business is doing financially? How to find the best and most profitable products? Well, the comprehensive reports by Sellerboard have literally got you covered with everything. These reports give sellers a quick sneak peek into what products, suppliers, and categories are highly profitable for their business and also visualize how much profit they can exactly expect in the future.

Winner: Since Sellerboard recently added a lot of exciting features, as of now, the straightforward winner here will be this tool itself. InventoryLab is yet to launch new products to its suite of products.

Sellerboard Vs. InventoryLab: Pricing Plans (Where Should You Actually Invest?) 

Sellerboard Pricing Plans 

Sellerboard Pricing

Sellerboard, when it comes to options, literally gives Amazon sellers multiple pricing plans so that they can select what would best suit their business. In fact, to make the process much easier for them, Sellerboard even allows sellers to pay either on a monthly basis, half-yearly basis, or annually. However, do remember that the software, as of now, doesn’t offer any free forever plan (unlike its alternatives), but it does offer a one-month free trial! 

Sellerboard Standard Plan – $19 per month 

  • $17 per month if paid half-yearly, $15 per month if paid yearly
  • 3000 orders per month
  • 150 follow-up emails and requests per month
  • 1 additional user
  • Listing change alerts, real-time profit dashboard, and LTV dashboard available 

Sellerboard Professional Plan – $29 per month 

  • $25 per month if paid half-yearly, $23 per month if paid yearly
  • 6000 orders per month
  • 6000 follow-up emails and requests per month
  • 6 additional seller accounts, 2 additional user
  • Listing change alerts, real-time profit dashboard, and LTV dashboard available

Sellerboard Business Plan – $39 per month 

  • $33 per month if paid half-yearly, $31 per month if paid yearly
  • 15000 orders per month
  • 15000 follow-up emails and requests per month
  • 8 additional seller accounts, 4 additional users, and 8 automated reports 
  • Listing change alerts, real-time profit dashboard, and LTV dashboard available

Sellerboard Enterprise Plan – $79 per month 

  • $63 per month if paid half-yearly, $70 per month if paid yearly
  • 50, 000 orders per month
  • 30,000 follow-up emails and requests per month
  • 16 additional seller accounts, 4 additional users, and 16 automated reports 
  • Manage user’s access rights 
  • Listing change alerts, real-time profit dashboard, and LTV dashboard available

If you are on a quest for more customized services for your business, you can reach out to the sales team, and they will customize a plan for you.

InventoryLab Pricing Plans

InventoryLab Pricing

The best part about InventoryLabs is its pricing itself, it’s just so straightforward, but this fact can be a bit annoying for a few sellers who are looking for options. Basically, InventoryLab comes with a base plan. Users have to add more features, and then the pricing increases. Here’s how it goes: 

InventoryLab Base Plan: $69 per month

$690 per year, if paid annually

Over here, sellers even get an opportunity to add the insights feature, which is not included in the base plan. For this specific feature itself, the seller has to pay $25 extra, which sums up the whole amount to $94 per month. 

Apart from this, InventoryLab even offers a 30-day, no credit card required free trial period for users to explore how this tool will work for their Amazon seller account.

Winner: Since InventoryLab offers quite a straightforward plan, and Sellerboard offers multiple pricing plan options, we can’t really put out the winner here; it will be a great tie. The reason is every Amazon seller has their own budget, and to pick up one suitable tool, they must know which one would best match their budget and needs, so the choice is YOURS!

Sellerboard Vs. InventoryLab: Customer Support

Sellerboard Customer Support Review 

Sellerboard, apart from its excellent flexible pricing plan options, offers much superior customer support service as well. With all its four plans available, customers can directly reach out to the team to report any grievances via email or live chat support. The team often replies within 12 hours, and most of the time, it is as quick as 20 minutes. 

To make the usability process easier, Sellerboard even offers users access to multiple resources like blogs and a demo. Sellers, before investing in the tool, can check out the demo to explore how they should exactly use Sellerboard and what best they can expect.

InventoryLab Customer Support Review

Similar to Sellerboard, even InventoryLab offers much better customer support service, and trust us, it’s really very quick and good. There’s a support section available at the official website of InventoryLab, sellers just have to click on that, and they will be redirected to a page where they will see two options: Support portal and Community forum. 

The support portal option by InventoryLab is really very interesting; with just a click, sellers are redirected to a page where they can explore video tutorials, InventoryLab user guides, troubleshooting guides, webinars and customer coaching resources, and a lot of FAQs. 

On the other hand, by clicking on the “Join the conversation” option, sellers are quickly redirected to the InventoryLab community, where they can reach out to many more Amazon sellers out there, and check out their experiences in the field.

Winner: The team has made sure to give sellers everything, every type of support they would need to ace their selling journey. From video tutorials, guides, and community access, to webinars, you name it, and the team has got you covered all! With no second thoughts, the winner undoubtedly here is InventoryLab.

Sellerboard Vs. InventoryLab: Pros & Cons

Sellerboard Pros & Cons

Pros
  • A free demo account available for sellers to explore how working with Sellerboard would look like.
  • Chrome plugin available.
  • Followup emails or review requests feature available.
  • Real-time profit dashboard available.
  • Customer LTV dashboard available.
  • PPC optimization feature available.
  • 30-Day free trial period.
  • Reorder and restock alerts.
  • Flexible pricing plans available.
Cons
  • Premium features are only available in premium plans.
  • No community forum available.

InventoryLab Pros & Cons

Pros
  • No confusing pricing plans, just a base plan and a few add ons.
  • Beginner-friendly, simplistic user interface.
  • Real-time product scouting feature available.
  • Quick print labels option available.
  • Best tool for product research, listing, and inventory management.
  • Comprehensive reports available covering essential details of products, categories, suppliers, and profits.
  • 30-Day free trial period available.
Cons
  • Reports can be a bit confusing for beginners.
  • The advanced insights feature can be a bit expensive for new sellers.
  • Just a pricing plan available (a single base plan).

Top FAQs on Sellerboard Vs. InventoryLab

What’s better: Sellerboard or InventoryLab?

Both Sellerboard and InventoryLab offer the best and latest features to Amazon sellers; however, if you are quite tight on your budget and are looking out for a cheaper option, Sellerboard is something you should go for.

Can I use Sellerboard for free? 

Yes, you can use Sellerboard for free for a month; however, the tool doesn’t offer any free forever plan.

Can I use InventoryLab for free? 

Yes, you can use InventoryLab for free for a month. However, there is no free forever plan available here.

What is the Sellerboard demo account?

The Sellerboard demo account is a free demo option given to Amazon sellers to check out the Sellerboard software before they buy any subscription.

Conclusion: Sellerboard Vs. InventoryLab – Which one is the best?

Deep down, we all know every Amazon seller tools available out there are a lot similar, and this mantra goes true with Sellerboard and InventoryLab as well. The features both the software offer are a lot similar, but yes, there are a lot of differences as well. For example, one of the major differences is the usability itself. 

To be honest here, Sellerboard, because of this feature itself, has grabbed our attention more. Sellerboard literally offers its users access to a demo account before they even invest in the software. This demo account gives sellers a quick sneak peek into how they will be using this software for their Amazon journey, all for free. On the other hand, InventoryLab doesn’t offer any such demo account feature. Instead, there’s a free 30-day trial period available here for users to access InventoryLab’s features. 

All in all, both Sellerboard and InventoryLab have the best features available for your Amazon business. In this Sellerboard Vs. InventoryLab review, we tried to cover everything literally; now, the decision is yours, know your Amazon selling journey, understand your budget, explore your needs, and then only invest in the right tool. 

Happy AMZ Selling!

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