Key takeaways: 

1. FBA Wizard is a software tool that helps online sellers find profitable products to sell on platforms like Amazon and eBay. You can use the FBA Wizard tool to find products for online arbitrage, wholesale, and private labels. 

2. FBA Wizard offers various types of scans for various marketplaces for efficient product sourcing. This includes Amazon scan, Euro flip, wholesale scan, eBay scan, US/Canada flip, etc. 

3. The WizardIQ - FBA Wizard Chrome Extension displays the monthly sales demand for products in the UK, US, Canada, and EU, helping you understand the market and plan your inventory accordingly.

4. Some alternatives to FBA Wizard include AMZScout, SourceMogul, and Tactical Arbitrage. 

Selling on Amazon can be highly lucrative, but success often depends on finding profitable products. That’s where product research tools like FBA Wizard come in. Designed to help Amazon sellers identify winning products, FBA Wizard has quickly become a top choice for Amazon retail arbitrage sellers, as it allows you access to almost a thousand retailers with only a few clicks of a button. 

With FBA Wizard, you can save hours of going through various retailers’ web pages and find the most profitable products fast. 

In this FBA Wizard review,  we will take a closer look at what the FBA Wizard is,  its features, pros and cons, the FBA Wizard Chrome Extension, and everything you need to know about FBA Wizard.

What is the FBA Wizard? 

So what is the FBA Wizard? FBA Wizard is a software tool that helps online sellers find profitable products to sell on platforms like Amazon and eBay. You can use the FBA Wizard tool to find products for online arbitrage, wholesale, and private labels. 

‍

It scans hundreds of retail and wholesale websites, 

providing data on potential arbitrage opportunities.

FBA Wizard streamlines the process of discovering profitable products by highlighting the best matches based on set criteria. These criteria include margin, categories, and expected return on investment (ROI). 

Thanks to this tool, you can uncover over 600 websites organized by country to find the most lucrative product opportunities for your business. By comparing product prices across different marketplaces, FBA Wizard helps sellers determine if an item can be bought at a lower price and resold on Amazon for a profit.

‍

The software works in the United States, the United Kingdom, Canada, and across Europe. 

‍

With FBA Wizard, you can source products effortlessly, save time, and identify lucrative product opportunities to increase sales and profit.

Features of FBA Wizard

FBA Wizard is loaded with features that can help you find the best arbitrage and wholesale deals: 

‍

1. Automatic product scanning: With FBA Wizard, you can automatically search through 800+ retail websites and wholesalers and identify the most lucrative product opportunities based on predefined criteria such as categories, margin, and expected return on investment (ROI).
2. Customizable filters: This software offers a wide range of customizable filters, allowing you to fine-tune your searches to focus on the most profitable product opportunities. If you're selling through online arbitrage, filters for ROI and expected margins can be particularly valuable,  as you will need to calculate potential profits efficiently and accurately.
3. Product category-specific searches: FBA Wizard improves the accuracy of your product discovery by allowing you to research based on specific categories from retailers. This feature ensures that you can target your searches more effectively, focusing on areas where you are likely to find the best deals.
4. VA-friendly: The software is designed to be friendly toward Virtual Assistants (VAs) and supports integration with VAs through a special add-on module. This feature facilitates the delegation of scanning and product analysis tasks, making it easier for you to manage your operations. You can add up to 5 virtual assistants to your FBA Wizard account at no additional costs. 
5. Wholesale engine: This feature allows you to upload a wholesale price list into FBA Wizard, which then filters through the data to show the most profitable lines with ease.

Stack: With FBA Wizard, you can create a "stack" of products that perform well in one convenient place, allowing for easy re-purchase and management of successful deals.

Types of scans on FBA Wizard

FBA Wizard offers various types of scans for various marketplaces that help with efficient product sourcing for online arbitrage, private label, and wholesale selling. Here are the types of scans available in FBA Wizard: 

‍

• Amazon Scan (or Main Scan): With Amazon Scan, you can compare prices from hundreds of retailers against Amazon's prices to find profitable items for sourcing. You can opt for preset categories or input custom URLs.
• Euro Flip: This scan targets buying items in the UK to sell in the EU marketplace for increased profits. With this scan, you can streamline the process of finding lucrative opportunities between these markets.
• US/Canada Flip: Just like the Euro flips, this feature allows for profitable sourcing between the US and Canadian marketplaces in both directions.
• Wholesale Scan: With the Wholesale scan, you can upload a wholesale list (in CSV or XLSX format) to compare Amazon prices directly. This scan is ideal for bulk buying and negotiating with suppliers.
• eBay Scan: This scan compares a wide range of retailers against eBay pricing to uncover profitable sourcing options. This scan involves preset categories or a custom URL.
• eBay Wholesale Scan: eBay Wholesale Scan focuses specifically on finding items to sell on eBay. 
• Merchant Flip: This scan focuses on buying products at low prices from successful Amazon merchants to resell at a higher price. You can also choose from preset categories or enter an Amazon URL.

Reverse Scan: Reverse Scan allows you to select preset categories, input an Amazon URL, or upload a file to find profitable items from thousands of retailers. This scan allows you to search through over 4000 retailers for potential arbitrage opportunities within specific categories.

How can you find arbitrage deals with FBA Wizard?

Here’s a step-by-step guide to using FBA Wizard for online arbitrage:

Step 1: Set up your FBA Wizard account

1. Sign up for an FBA Wizard subscription.
2. Log in to your dashboard to explore the available scanning options.

Step 2: Choose your sourcing method

FBA Wizard offers different ways to source products:

• Retail arbitrage scanner – Scans online retail stores like Walmart, Target, and Best Buy.
• Wholesale scanner – Scans wholesale supplier catalogs.
• eBay to Amazon arbitrage – Finds products on eBay that sell for a higher price on Amazon.

Choose the sourcing method that fits your business model.

Step 3: Apply filters for profitable deals

Before running a scan, refine your search by applying filters. So you can add filters for sales rank, profits, or any other criteria. 

For example, you can look for products that cost $10 with a 50% return on investment from specific online stores like Walmart. 

The tool then scans based on your criteria and shows you the results. With the results, you can then look at other factors like sales history and create a shortlist. 

‍

• Sales rank: You can find fast-selling products by setting a sales rank threshold (e.g., top 5% in a category).
• ROI (Return on Investment): Set a minimum ROI (e.g., 30%) to ensure profitability.
• Profit margin: Define a minimum profit per unit (e.g., $5+ per item).
• Seller restrictions: Filter out gated brands or categories.
• Competition: Avoid products dominated by Amazon or too many FBA sellers.

‍

These filters help narrow down the most profitable opportunities.

Step 4: Run a scan & analyze results

1. Select a retailer or wholesale website to scan.
2. Run the scan and wait for results (this may take minutes to hours, depending on the scan size).
3. Once the scan is complete, review the results, focusing on:
   
   • Amazon price vs. source price (look for a significant difference).
   • Fees and potential profit (after Amazon FBA fees, shipping, and other costs).
   • Sales rank and estimated sales volume (to ensure demand).

Step 5: Verify product data

Not all deals will be profitable, so manually verify key details:

• Check if the Amazon price is stable (avoid products with major price fluctuations).
• Ensure there are no IP complaints or brand restrictions.
• Read product reviews to confirm there are no recurring quality issues.

WizardIQ - FBA Wizard Chrome Extension

The WizardIQ - FBA Wizard Chrome Extension is your go-to selling tool that can improve your selling experience. 

It displays the monthly sales demand for products in the UK, US, Canada, and EU, helping you understand the market and plan your inventory accordingly. You get real-time information on the availability of products across different sellers, which is crucial for finding arbitrage opportunities. 

‍

Wizard IQ shows the Best Sellers Rank (BSR) percentage for products, indicating how competitive a product is on Amazon. You can also assess the competitiveness and risk associated with winning the Buy Box for a product.

WizardIQ works for Chrome on laptops, desktops, and PCs. To install this extension: 

‍

• Ensure that you are browsing with Chrome Extension.
• Click this link to install Wizard IQ by FBA Wizard. Next, add to Chrome and add to the extension. 
• Use your email to log into your FBA Wizard account. 
• Click "Connect to SP-API" and log in to Amazon.
• Authorize Amazon to share data with Sourcing Mage for your account by agreeing to the terms and hitting "Confirm".
• After receiving a code, copy and paste this into the extension and click "Save Token".
• Check if the extension is working correctly by opening a product page on Amazon. The extension should now display data and insights based on your Amazon account.

How much does FBA Wizard Pro cost? 

FBA Wizard costs £199.00 per month (You can cancel anytime) via your account. Simply click on “cancel my account”. 

You can also get a refund within 24 hours from when you sign up. All you need to do is send an email to support@fbawizard.com. 

FBA Wizard offers annual plans where you get two months free when you upgrade. You can send an email to get more information. FBA Wizard does not offer a free trial. 

Pros and cons of FBA Wizard 

Here are some pros and cons of using FBA Wizard from sources we found: 

Pros 

• Reliable for specific markets: FBA Wizard is particularly beneficial if you're selling in the UK and Europe, as it offers more tailored solutions for these regions. 
• Affordability: Many users consider FBA Wizard to be an affordable option among similar tools, making it the go-to option for a wider range of online sellers.
• VA-friendly: FBA Wizard allows you to integrate smoothly with Virtual Assistants (VAs). This helps you to delegate tasks, save time, and increase operational efficiency.
• Excellent customer support: Users have praised FBA Wizard for its exceptional customer service. 

Cons 

• Needs better training: FBA Wizard offers adequate initial training. However, some users might need to make additional effort to fully grasp all the functionalities of FBA Wizard. 

Limited features: Unlike other alternatives, FBA Wizard has limited features, which may not be favorable if you want to scale your business.

Best alternatives of FBA Wizard

FBA Wizard is a popular choice among online sellers. However, some tools can perform similar functions. Here are some alternatives to FBA Wizard: 

1. Tactical Arbitrage 

Tactical Arbitrage has a wide range of features to streamline the process of finding profitable products for resale on Amazon. You can scan more than a thousand third-party sites to find profitable products you can resell on Amazon. Some key features of Tactical Arbitrage include advanced search options, bulk product analysis, and ROI/profit margin calculations. Similar to FBA Wizard, you can carry out wholesale and private-label research. 

The tool has various pricing plans, including the online arbitrage plan that costs $89 per month. You can also try the Tactical Arbitrage tool free for 7 days. 

2. SourceMogul

SourceMogul is another FBA Wizard alternative for Amazon retail arbitrage. You can carry out scans to find profitable products and analyze Amazon sales performance in real time. 

The tool works in the United States and the United Kingdom and can scan stores like Target and Best Buy. 

SourceMogul offers a monthly and annual plan, which costs $67 per month and $880 per year. You also get 10 days to try this tool for free. 

3. AMZScout 

AMZScout is another powerful tool that can help you find the most profitable products in the market. It comes with an extensive set of tools that focus on product discovery and market research. These tools include an extensive product database, product tracker, sales estimator, Chrome extension, and much more. These tools help you gain deep market insights and trends for sourcing products. 

AMZScout offers various plans, including monthly, yearly, and lifetime plans. You also get a 10-day money-back guarantee if you're not satisfied with the tool.

FBA Wizard Reviews

Here is what customers are saying about using the FBA Wizard tool on Webretailer: 

‍

‍

• “I really like the layout of this software; you can personalize all your results, and the information is then readily available to view. The new BSR is excellent and is saving me a lot of time. I feel like there is a lot more to this software that I haven't even discovered yet. I am about to revisit the boot camp videos to see what other gems they contain. The support has improved a lot, and the response time is good. Can only recommend this product, the video training also I have found extremely useful. Very clear in simple language. Keep up the good work!”

‍

• “If you're starting out in selling on Amazon or have been doing it for years, this tool will help you find and source items that make a profit. It is quick to return results, and it's easy to use. You can customize your results to help narrow down your search and save time looking through all of the results. It does need some improvement. On the odd occasion, the results you get do not match, however, this is easily spotted, as there are pictures to help you identify the products. The support is first class. They are always there to help assist if you have any issues at all.”

Frequently Asked Questions (FAQs)

Do you need a professional seller account to use FBA Wizard? 

Yes. You will need to create an Amazon Professional Seller account to use the FBA Wizard software. This is because FBA Wizard uses Amazon’s API to give you real-time data. Also, a Professional Seller account allows bulk listing and automation, which is crucial for efficiency.

Is FBA Wizard legit?

According to various sources and reviews, FBA Wizard has been a reliable tool for many sellers, especially in the UK and Europe. 

How does FBA Wizard work on the Amazon marketplace? 

All you need to do is subscribe to FBA Wizard and use the tool to find profitable products. Once done, you can send the products to Amazon warehouses located in the UK or the USA and have Amazon ship your products to customers. 

Does Amazon FBA really work?

Yes, Amazon FBA (Fulfillment by Amazon) really works. However, your success with Amazon FBA depends on factors like your strategy, product selection, and ability to manage costs.

How to be eligible for Amazon reviews?

Getting customer reviews on Amazon is crucial for increasing sales and credibility. To be eligible for product reviews, you must:

‍

• Have an active Amazon seller account: Ensure your account is in good standing and follows Amazon’s policies.
• Sell new products (not used items): Reviews are mainly for new items; used/refurbished products have different guidelines.
• Make sales: Customers can only leave reviews if they have purchased the product from Amazon.
• Comply with Amazon’s review policies: Avoid fake reviews, review manipulation, or incentivized reviews, which can get your account suspended.

How do Amazon sellers get so many reviews?

Here’s how top sellers get hundreds of reviews on their page legitimately: 

• Sell high-quality products: Great products naturally get good reviews. Sellers who invest in high-quality, well-packaged, and reliable products receive more organic reviews.
• Use Amazon’s “Request a Review” button: Amazon allows sellers to send one automated review request per order. Simply click “Request a Review” and Amazon will send a message asking for both a product review and seller feedback. 
• Enroll in the Amazon Vine program: Sellers with Amazon Brand Registry can use Amazon Vine to get early reviews. Amazon Vine reviewers get your product and provide unbiased reviews. 

Provide excellent customer service: Sellers with fast, responsive customer support get fewer negative reviews and more positive ones.