Are you an online seller looking for an Amazon price tracker?
If so, Keepa might be the ideal option for you!
However, will it truly deliver convenience, or will it be another trap?
What do you think? Let’s find out in this Keepa Review!
Keepa is pretty similar to most other FBA programs. They pitch you on the “dream” of running a profitable e-commerce business that can generate cash while you sleep.
All without having to invest much money upfront into things like inventory & advertising…
Too good to be true?
Not necessarily – Amazon FBA programs have certainly minted a few online millionaires.
It was actually one of the first online business models I made money with.
So as far as making money online goes, there are A LOT worse things you could be doing than Amazon FBA.
That being said, you shouldn’t start a business because “it’s not as bad” as some other type of business – it needs to stand on its own merits.
Choosing between the lesser of two evils always results in, ya know – evil.
So in this Keepa review, I’m going to break down exactly who FBA is good for, and who should avoid it.
There are a few important things you need to keep in mind when considering FBA as a business:
- Finding winning products
- Time (the most valuable thing of all)
Again, it’s 100% possible to make legitimate money with FBA, but it’s NOT a simple business.
Let’s talk about why:
Operations: The big pitch with FBA is that you don’t really need to do much, because Amazon handles all the heavy lifting (shipping, packing, returns, etc.).
That’s cool and all, except for the fact that Amazon actually has incredibly strict guidelines that you need to follow to even be able to ship out of their warehouses – something most programs don’t tell you about in their “awesome” marketing materials.
This process typically takes a solid 4-5 hours alone. So unless you have a very large team, this step is going to take up a lot of your time.
That doesn’t mean FBA is bad – it just means you need to know what you’re getting into. A “passive income business” is not what you’re going to get with Keepa.
Some courses will teach you how to outsource all of this prep to another company, but that eats into your margins significantly. Amazon is already taking 30-40% just for being part of the FBA program, so you don’t exactly have a lot of wiggle room.
Finding winning products: “Hot” products are typically only popular for a few glorious months, and then they fall off. Again, that doesn’t make FBA a bad business – it just means you need to be constantly on the lookout for the next hot thing.
If you have a supplier that you’re on really good terms with, sometimes they’ll drop you hints and tell you what’s about to trend. But this won’t happen until you have a history of making 6-figures with one another.
What this really means is that you need to be innovative and detail-oriented when it comes to staying on top of trends. You want to be the first one to the product, not the last one struggling to turn a profit off of the big dog’s leftovers.
There’s always the option of serving the “evergreen” markets that have always been around, but to that, I say good luck selling meal prep containers against the Tupperwares of the world.
So – we can safely add on another 3-4 hours worth of time each day trying to hunt for hot products.
Time: Despite what any Amazon FBA course seller tries to tell you, when it comes to FBA (or any e-commerce business model), you’re looking at about 3 months of serious trial, error, & testing before even making $1 back.
It could easily take 6 months or more before you’re even at break even.
And this all assumes you’re actually getting it right out of the gate, which isn’t impossible with a good program – but it’s not necessarily the norm.
To be honest, it’s not uncommon to operate at a LOSS for the first year of any new business, so I’m not bashing FBA here – I’m just talking facts based on my own personal experience selling on Amazon.
But what if you could build a different (non-FBA) income stream, and start seeing profits within your first few days?
I’m talking about a system that doesn’t have:
- Crappy margins
- A 12-month wait time before you turn a profit
- A continuous guessing wheel trying to find “hot products”
Something that you could make anywhere from $2,000 – $10,000 with consistently, month after month?
A stream of income that you can build as high (or low) as you feel like building it?
If that sounds interesting, you might want to think about becoming a Digital Landlord.
If you wanna see what Keepa looks like on the inside, keep reading.
What Is Keepa – Amazon Price Tracker?
Past prices and sales volumes for all Amazon products may be seen here. Keepa is a handy app that records price history data and price alerts on over a billion Amazon products worldwide.
Once you install Amazon’s Chrome extension, the product price history graph will be shown on every Amazon product page you visit. On a catalog page, this slides in behind the gallery of images.
Aside from the sales rank and price history data, Keepa also provides additional tools that you can use for product discovery and assessment. Keepa collects data from users every time they view a product on their site so that you can search for top items or seller storefronts by category. Keepa created the most detailed Amazon product and seller listings thanks to this. So, it’s best to consider Keepa a data company rather than just a tracking prices service.
Who Owns Keepa?
Ukrainian designers Irena Zablotska and Eugene Rudyy, who now reside in Germany, own and operate the brand Keepa.
How To Access Keepa?
Follow the steps below to create an account on Keepa and get started using the service:
Their website can be a little challenging to navigate initially, but don’t let that stop you from creating an account.
Once you’ve registered, you’ll need to confirm your email address.
To finish the process, you’ll also need to provide your payment information.
What Can You Get From Keepa?
Are you looking for the best prices? Perhaps a marketing company with snooping intentions on a customer or a competitor’s product information? Keepa can help Amazon sellers with any problem.
Let’s take a look at agency/consultancy solutions.
Keepa’s API will allow you to retrieve the product information from its 500 million product database, such as:
- Price Drop & Availability Alerts
Set up a price watch directly from the product page.
- Price History charts
Amazon price history charts are available for millions of products, including numerous versions, colors, and sizes of the same product.
- Keepa sends you a price alert once the price of your tracked product drops below your desired price.
Keepa may send you an email, a tweet, a notification to your favorite messenger, or simply a web push notification while you’re browsing the web.
- Daily Drops, an overview of recent price drops
Using Keepa, you can get the best deals.
- Wishlist Import
You can effortlessly import your whole wishlist and create price watches for every item on it.
Change the extension’s behavior to your liking.
- Amazon Locales Support
[ .com | .co.uk | .de | .co.jp | .fr | .ca | .it | .es | .in | .mx ]
- Language Support[ English | Deutsch | 日本語 | Italiano ]
As you can see, Keepa is a fantastic companion for exploring new markets and finding new business opportunities on behalf of your customers.
The time investment is warranted, though, since there are several data avenues to explore and factors to include in company plans.
Why Is The Information Provided By Keepa Important?
Sales position and current cost are partial indicators of a product’s true value.
An item’s current sales rank and price may reflect typical market circumstances.
However, there are other factors that can determine the future selling conditions of an item. Some:
- A brief shortage
- A brief supply of excess
- Supply shifts for rivals
- Demand in Q4
These are only a few of the things that can cause temporary fluctuations in sales rank and price. Regardless, prior data helps anticipate the future condition of an item.
Using Keepa’s Google Chrome Extension
Now that you understand this data’s significance, you may use the Keepa Chrome extension by:
- Determining the average sales rankings.
- Considering the price tracking history and stability.
- Updating the prices of the products you have for sale.
- Determining your risk tolerance to the number of other offers on the market.
How Much Does Keepa Cost?
The price to subscribe to the Keepa browser extension each month is $17.50.
On the other hand, Bob Schneck thinks it’s “priceless” for the assistance it’s given him. Keepa offers a free version; however, it lacks some of the premium features of the subscription version.
Keepa’s paid subscription features include the following:
- Comprehensive price history graphs
- International Amazon prices comparisons
- Recent price drops & availability alerts set
- Daily real deals
Who’s This Tool Built For?
Sellers are the intended audience for this tool.
Anyone from beginner vendors making their first sale to seasoned business owners earning tens of thousands of dollars per month may find what they’re looking for here.
Regarding cost and popularity, Keepa stands out as the best option for computer programs. As a company owner, you must have the most reliable information when deciding how much to spend on a product.
Keepa can provide you with all that!
Are There Alternatives To Keepa?
Yes, there are plenty of other business models to choose from if you want to pursue making money online. Here are just a few:
Is Keepa A Scam?
Time for the million-dollar question: is Keepa a scam?
No, it’s not a “scam,” technically speaking. They aren’t going to take your money and run away, leaving you empty-handed.
You can make money with the program, but not nearly as easily as Irena Zablotska and Eugene Rudyy want you to think it is.
As with most FBA businesses, there is A LOT of work that needs to be done up-front, and there is really no guarantee of you being successful.
You’ll need to get very lucky and find an awesome product no one’s heard of, and then pump a ton of volume into it while it lasts.
Don’t get me wrong, I’m a big proponent of front-loading work now, so you can make money later and sip out of coconuts on the beach.
But if I’m gonna do that, I want the rewards to be HIGH and virtually guaranteed.
I’d rather put in that same 3 months of work (in my spare time) & build a handful of Digital Rental Properties that each produce $500-$2,000 checks every single month afterward (AKA recurring income).
And the cool part is that you can do it in a lot less time than 3-months (I personally did it in my first 2 weeks of being a Digital Landlord).
Unlike Amazon FBA, you can do it from anywhere in the world, so it’s a genuine “laptop-lifestyle” business.
All you need is an internet connection.
Some of my friends are Digital Landlords that run their 6-figure businesses from:
- Camping trips at national parks
- Beachfront in Hawaii
- On the road in a camper van (with a pet pig!)
They focus on living an enjoyable life first, and focus on income second. All thanks to this program.
They can take weeks or months off, and money keeps rolling in.
Living happily is the top priority.
If the thought of living perpetually at your dream vacation spot interests you, being a Digital Landlord might be for you!
What Is My Top Recommendation In Making Money Online In 2022?
I’ve personally tried all of the major online business models:
- I’ve sold fidget spinners through Amazon FBA
- I’ve drop-shipped a toilet bowl putting green on Shopify
- I’ve sold women’s health supplements via Clickbank affiliate marketing
And I made money with all of them, so trust me when I say: there is no “perfect” business model.
That being said, my #1 recommendation for making real money online is, hands-down: being a Digital Landlord.
Whether you’re a complete newbie, or you’ve been around the block before but have never had that “big win” to propel you forward, becoming a Digital Landlord is for you.
1)Time: If you’ve got a spare hour or two each day, you can do this. If you want to drop everything and go all in, you can do this. More time obviously means faster results, but even putting in a few hours per day is enough to see real success.
And because of that flexibility, you don’t need to trade your time for money. Once the income starts, it’s recurring.
That means you can take a month off, travel the country, pursue a passion project, chill on the beach, or charter a boat across the world.
But you can only do that once you’ve created an income stream that doesn’t require YOU to be there all day, every day.
2) Ownership & Control: With Amazon FBA, you don’t technically own the customer base.
Amazon could literally shut you down overnight. They have a history of kicking suppliers off their platform, or stopping payouts to affiliates for certain products once they’ve built their own.
Why pour your soul into a business that could be taken away from you at the drop of a dime?
When you’re a Digital Landlord, you literally own all of the assets, which means you have ultimate control.
3) Big Margins: With FBA, you’re often going to have really slim margins. That means you need to hit a serious scale to make serious money. This usually entails spending A LOT of money on ads and other methods for growing traffic to your product.
Being a Digital Landlord, your profit margin is nearly 100%. Watch here to learn how.
Just a reminder: these Digital Rental Properties are worth (at a minimum) $500/mo in semi-passive income. And each time you create another one, your income increases, and the effort put into creating the next property decreases.
Best-case scenario, you have properties bringing in over $3,000+/mo on auto-pilot.
4) It’s Effectively Copy-Paste: Here’s my favorite part: once you have your first Digital Rental Property up, you can literally copy-paste another version of it and find another willing “renter” in a few days. DOUBLING your income doesn’t get much easier than that…
If you wanted to double your income with Amazon FBA, you would need to sell twice as much inventory, or double your profit margins. And I can guarantee you (from my fidget-spinner FBA days) that’s a lot harder than a few clicks & a phone call.
5) You’re Helping REAL People: My biggest gripe with FBA is that you’re basically only helping yourself. The world doesn’t need another B.S. gadget to consume.
It’s cool to make a quick buck in the short term, but in the long term, it gets really old fast.
But when you’re a Digital Landlord, you’re helping solve REAL problems that people are ASKING for help with:
Small local businesses around the world need one thing: customers. Without them, their business would fall apart. If you can provide those customers, they’re going to be really happy – and they’re going to pay you for it.
We’re not helping Jeff Bezos shoot another rocket into space – you’re helping a struggling mother or father put food on the table for their families, put their kids through college, or simply live life a little bit more comfortably.
Having this type of impact on the world is what will help you sleep soundly at night.
So, the rest is up to you. You could keep looking at other FBA programs like Keepa, which might make you money 12 months from now.
You could keep researching and researching for the next few months (or few years), never making a concrete decision.
OR, you can look deep inside, think about those dreams, hopes, & desires, and make the decision to ACTUALLY make it happen, just like it has for thousands of other students before you.
Making a fortune while actually helping real people that need it.
If this sounds like you, click here to see how it all works.