The Blog

AmDash Mobile — Sales and Inventory On the Go

Ever wanted to check sales or inventory on your phone?

Now You Can!

We recently released a mobile version of AmDash, customized specifically for smart phones.

This is just the beginning…

We have much more planned for the mobile version of AmDash (as well as the web version).

But it’s already too useful to not share with you.

Here’s where we started:

  • Quickly see today’s sales, both in total and by product.
  • Skip back through sales history by day, for the last month
  • Includes promo and PPC cost, for any day prior to today
  • View all inventory by product, and update “on hand” inventory
  • View profitability, by product, and totals by month

We have been using it and digging it, and I hope you do too.

How to access mobile AmDash:

On your phone’s browser, just go to: m.myAmDash.com

Save it to your homepage for easy access in the future!
(How to save to Home Page instructions)

What Next?

Thanks to everyone who filled out the mobile survey a few weeks ago. We used your input to help select our initial features, and will keep referring to it as we plan our next steps.

That said if you have a strong opinion as to the next thing you want added to the mobile version of AmDash please reply and let us know!

-Steve

Small Update: Even Fresher Data

The “Today’s Sales” widget just got even better!

We started off with hourly updating, and only while you were logged into AmDash.

After testing to make sure we won’t exceed Amazon’s API limits, we have updated AmDash to pull your sales for today every 20 minutes!

That means anytime you log in to AmDash, from mobile or desktop, you will see your current day’s sales right away rather than having to wait a minute for an initial data fetch.

Enjoy!

New in AmDash: Today Widget!

Today we’re releasing our most-requested feature to-date… the “Today Widget”!

You’re used to seeing this on the Dashboard:

 

If you log in now, you should see this instead:

Hooray!

Today’s sales will load when you first log in (takes a minute to fetch the data) and will refresh itself automatically every hour thereafter as long as your browser is open.  You can also manually trigger a refresh after 20 minutes if you don’t want to wait until the end of the hour.

The data we pull from Amazon’s API should be up-to-date to within 5 minutes.

6 units of what?

But “6 units sold” isn’t as informative as you might like… after all one of the frustrations with Amazon’s dashboard and mobile app is that it only shows you the total number of units.

So we also added a new button in the main Dashboard area, so you can toggle the “sales” column back between “yesterday’s sales” and “today’s sales” — just click the little pencil icon to switch back and forth.

(AmDash will remember which setting you left it on and will show you that next time you log in; because that’s just polite.)

 

Bugfix: Profit off when Fees data is missing

Quick update on this lovely Friday…

To help you better understand your actual profitability, we pull FBA fees from Amazon and subtract those from the profit numbers that AmDash displays.

Sometimes, usually when a product has not sold within 3 days, the Amazon API tells us that the fees for a particular product are zero. Not helpful!

We just made two changes to minimize the impact of this, and will continue to work to eliminate the issue entirely by pulling data from an additional API. Here are the changes we just made:

  1. On the Dashboard, if we don’t (yet) have data for a SKU, we indicate that with a small clock icon (see the second image below.) Hover over the icon for an explanation of the issue.
  2. When Amazon tell us “0” for a SKU, if we have good data from any previous sales we will use that instead. (This happens, for example, if you go out of stock for a few days and then get back in-stock.)

 

The missing data will automatically resolve within 24 hours of the next sale; but that’s not good enough for us… it’s confusing to see any incorrect numbers, especially when you first start using AmDash. We’ll find a way around the oddity in this API and will update this post when it’s done.

 

 

We’ll keep working to make AmDash better and better.

You keep letting us know how it can be better for you!

(Many thanks to the AmDash user who reported this to us when they had an out-of-stock issue!)

New: Cost-Per-Unit Calculator, Product Details Page

We recently rolled out a new page in AmDash without announcing it. The reason for the secrecy is simply that we still have a lot more we want to add to this new page; still, it is already useful so it’s time to let folks know about it.

From the Dashboard page (or most any page with product thumbnails) click on the image to get to the new Product Details page.

Product Details Page

screen-shot-2016-12-05-at-11-40-52-am

screen-shot-2016-12-05-at-11-37-52-am

We have plans to add much more to the summary section at top, as well as a couple of additional graphs such as BSR and profitability over time.

Cost-Per-Unit Calculator

Below the current graph, though, you’ll see an option to Create New Batch. Clicking this presents you with a built-in version of the CPU calculator we shared with the world here.

If you have all the info for a batch, you can quickly calculate your CPU and click “Save and Apply” to have AmDash start using that value in your profit estimates. If you are just starting a batch you may not have all the costs yet; you can still save this info as a Draft and come back later to finalize your numbers.

The bottom of the calculator also helps you track how long each product batch takes to produce and ship, to help you refine your re-order planning over time.

Check it out in your AmDash dashboard today!


Got ideas for making the Product Details page better? Let us know!

Inventory Page: On Order -> On Hand

The Inventory Page in AmDash helps you keep track of not only what is sitting at Amazon, but what is earlier in your supply chain as well.screen-shot-2016-12-02-at-11-27-15-am

 

When you place an order with your supplier, go ahead and update the “on hand” quantities for those SKUs, and overnight AmDash will update the reorder recommendations you see at the top of the screen.

What’s New?

Until today, when your order arrived you would have to manually change “on order” to zero and change “on hand” to whatever amount you just deleted.

screen-shot-2016-12-02-at-11-30-39-am

Well that’s just silly. So we fixed it!

screen-shot-2016-12-02-at-11-33-07-am

Now you can just click the little arrow between those two cells and we’ll move the “on order” amount over to “on hand” instantly.

Sometimes it’s the little things that make life more pleasant.

Free Cost-Per-Unit Calculator

screen-shot-2016-09-07-at-12-56-22-pmUnderstanding Cost-Per-Unit

To fully understand your profitability, you need to know exactly how much each unit costs you to produce.

The value of your inventory, as recorded in your accounting, is based on the total amount it costs you to get units produced, packaged, and shipped to your warehouse.

When you sell on Amazon, you also want to know the cost (per unit) to not only get it to you, but to actually land it in Amazon’s warehouses.

(If you ship directly to Amazon, these two numbers will be the same.)

This is Cost-Per-Unit, also known as COGS (Cost of Goods Sold), and is what you enter into AmDash for each product in order to see extremely accurate profit estimates.

Easy (Free) Calculator

To make it easier to compute these values, we put together a simple calculator. Just put in a few values, and we’ll do the calculations and show you your exact CPU, both with and without re-shipping included.

The calculator is available for free on our website here.

 

Please share this free calculator with others! 

Introducing the new Inventory Master View

Now live: an even better way to manage your supply chain

If you log into AmDash, you’ll now notice a new Inventory link in the top-left dropdown menu.

Here’s a sneak peek:

Screen Shot 2016-09-02 at 1.53.50 PM

What’s This For?

While the weekly Inventory Summary email is useful, we wanted to make it even easier to answer the question “what do I need to take care of?” when it comes to managing inventory.

So the new Inventory Master crunches the numbers for you and tells you exactly what actions you need to take within the next 30 days.

If you have a product which needs to be reordered soon (based on your sales velocity and the lead time you specified), we’ll show you those items in the left-hand card at the top of the page.

Screen Shot 2016-09-02 at 1.54.15 PM

The “send to Amazon” card shows you items which should be mailed to Amazon soon, if you have some on hand. (If you don’t have any on-hand, it will show up on the “reorder soon” card.)

Screen Shot 2016-09-02 at 1.54.02 PM

If you see “nothing to do” in both of these cards, you are all set for the next 30 days!

Inventory Value

We also show the total inventory value for each product (and the total, at the top right).

This helps you see where you might have cash tied up in slow-moving inventory which should be liquidated.

But more importantly, you can use this number at the end of each month to easily grab your total Cost of Goods Sold, to keep your accounting up to date. (Your CPA will thank you for this!)

Screen Shot 2016-09-02 at 1.54.11 PM

Quick Tips

1. Note that you can click on the + sign or the number of units in the “on hand” and “on order” columns to quickly update those numbers.

Screen Shot 2016-09-02 at 2.10.23 PM

2. Another way to get to the Inventory Master page from the Dashboard is to click on the blue “inventory” header area on the product rundown table (pictured below).

Screen Shot 2016-09-02 at 2.09.55 PM

 

What do you think?

We love feedback.

What do you like about the new Inventory Master page? What would make it even better?

Quick Tip: Turn Off “Open Listings Report” Emails

Do you get an email every day (or perhaps even more than one) like this?

Open Listing Email

 

AmDash, as well as some other third party systems, pulls some of the data from Amazon using their Reports API, which has the effect that Amazon sends you the above totally-unhelpful emails.

Good news — you can turn these off!

Here’s how.

1. Log in to Seller Central, go to to the Settings menu in the top right corner, and choose Notification Preferences.

settings

 

2. Scroll about 2/3 of the way down the page to the Reports section.

Click Edit for that section (on the right), then uncheck the box next to Open Listings Report.

Turn off Open Listings Report

 

3. The “Edit” button has changed to a Save button — one more click there and you’re all set.

Whew! Nice to cut out one more bit of Spam, eh?

New in AmDash: The Profitability Page

Announcing the new Profitability Page

profitability screen

What are your Margins?

Every time you see someone post their Amazon sales numbers somewhere, someone immediately asks “what are your margins?” That makes sense because your Gross Sales could be $2 million while you are barely breaking even or even losing money.

Healthy margins help you grow, faster. Until now it took a bunch of spreadsheet twiddling to get a firm handle on that… the new Profitability page aims to make this much easier.

First off, we take the last 30 days worth of sales and tell you immediately the average selling price (including any promos) for each product, along with the average profit per unit.

(If you have entered COGS data for each SKU, the profit column will be much more accurate… but even without that, this page will give you a good sense of the relative importance of each product to your bottom line.)

% Margin

Margin is one of the key factors in the health of a product. If you have slim margins (less than 20%, say) you have little room to offer occasional sales or promos, and you end up having to sell almost all of your inventory before you have enough cash to place the next order.

Portion of Total Profits

At a glance, you immediately see which products are driving your business and which should perhaps be dropped. (We order this page by portion of profits by default; you can change this to your generally preferred order with the link just above the table of your products.)

You probably have a general sense of this already based on the Morning emails you’ve been receiving… but in my case I know I was shocked to see that a couple of my products were actually producing less than 1% of my profits. Yikes!

Roll Ups

Besides giving you the numbers for each SKU, we of course total everything up at the top of the screen.

left-and-center profit widgets

The “this month so far” widget, on the left, is a fun place to check periodically, to watch it build over time.

The “last month” widget is great for sharing a screen-shot with your Mastermind group or whatever Facebook groups you use to discuss selling on Amazon. You can show off your profits (we also put gross sales on there; as sometimes those numbers are big and fun) without giving away anything about your actual products.

The yearly rollup, on the right, is great for tracking your progress on building the business of your dreams.

right profit widget

We put in a profit goal of $75,000 to start things off… but just click on that number to make it reflect where you actually want to go with this business… and we’ll graph your progress in getting there.

(Man, I can’t wait to fill up that graph!!!)

How do I access this?

Good point. You should see a new menu item in the drop-down menu in the top left.

Or, even easier, you can just click anywhere within the yellow “profitability” widget on the Dashboard (homage page).

Screen Shot 2016-08-11 at 2.36.27 PM

Final Thoughts

We hope you find this page useful, and welcome your feedback on ways to make it even better.

Sharing screen-shots of the Profit widgets will also expose AmDash to more people; and more subscribers will help us to develop features for you faster.

Remember also that we have a referral program… for every person you introduce to AmDash that ends up subscribing, you get $2 off per month for the life of their account! You could end up paying nothing while helping us grow — which again helps us make AmDash even better for you.