If you aren’t aware of what CamelCamelCamel is or what it does, then you are probably missing out on one of the greatest tools designed for Amazon sellers today.
With everyone shopping online (majority of them at Amazon) these days, as a seller, it is important to sell your products at the right price point. Of course, there will be thousands of other sellers selling the same products just like you, but if you are selling for the right price, you are already one step ahead of them.
But “pricing” a product on Amazon can turn out to be tricky at times. That’s when the need for a “price tracker” arises. Only a good price tracker can prevent you from making any “guesswork” while pricing your products.
Since pricing fluctuates every now and then, you need an ideal tool that shows the entire price history of various products listed on most of the well-known marketplaces.
Though there are lots of price tracking tools, CamelCamelCamel is something that is worth using. It is an Amazon price tracker tool for serious sellers and buyers out there. Today, I will give you detailed review of this and tell you if it is truly worth using for your Amazon selling business.
So, let’s get started.
Quick Guide:
- What is CamelCamelCamel?
- Why Should You Use CamelCamelCamel?
- Features of CamelCamelCamel
- How to Use CamelCamelCamel?
- Pros and Cons of CamelCamelCamel
- CamelCamelCamel Review: What’s My Take?
What is CamelCamelCamel?
CamelCamelCamel is a popular, user-friendly, and an ingenious price tracking tool, which alerts you whenever the price of a product drops and shows the complete price history of all products that are sold on Amazon.
Besides these, the tool also helps you to stay informed about the recent product pricing trends and the current price of the products
Both these aspects help you to:
- Price your products better
- Set a competitive edge, and
- Help customers make the right buying decisions
Note: CamelCamelCamel supports these Amazon marketplaces: France, United States, United Kingdom, Japan, Italy, Spain, Germany, France, and Canada.
Why Should You Use CamelCamelCamel?
When you say competitive pricing, know that it isn’t always about setting the lowest or cheapest price on Amazon. Instead, it is the price, which can get avid shoppers to purchase from you, earning you a decent profit in return.
So, in the chase to win, what most sellers do is that they drop their product prices so low to target as many sales as they can, not knowing that this tactic will works wonders only to a certain extent.
It is not sustainable always. Visualize selling a big chunk of your stock for almost next to nothing only because you are trying to be that “seller” who offers the lowers price on Amazon.
Well, most sellers do this because they obviously know that shoppers are never going to look for an overprized product on page #10 from the search results. Also, they want to rank their product listings on the top.
Now, this is certainly a good reason. Understood.
And of course, selling a product for the cheapest price than all your competitors will get you the top-seller badge. But the problem of selling a product for the lowest price possible than others is that YOU WILL LOSE A LOT OF MONEY.
As a seller, your objective is to build a strong pricing strategy, which works for a particular item or niche. You cannot use the same strategy to sell items for a different product category for instance.
But no matter what your niche or product is, keep these two variables in mind:
- The price point or the lowest price you could set on your product to break even.
- The price point or the highest price you could set on your product to earn maximum profits.
Since pricing changes over time, it is crucial to ensure that the price you set helps you to amplify your sales. This is how you can earn good profits.
With a pricing tracker like Camel Camel Camel, you will eventually know which items have a good profit margin and which don’t.
Say, for example, if a particular product trends, you can stock that up and start selling to earn big. And for some reasons, if a product is not performing as expected, you can choose to sell it later for the best price.
Also, there is something that I want to tell you here. If you are someone who always looks at a product’s Sales Rank while outsourcing, you are not actually seeing the complete picture.
You cannot tell if a product was there without making any sale for months before you picked it up. A factor like Sales Rank alone can’t tell you if a product is a fad or just a flash in the pan.Also, you will not know if a product is trending only during the holidays or if a product’s popularity is declining. Therefore, seeing a product’s Price History is highly valuable, particularly if you are a sole seller. By analyzing, you can quickly know what price had your competitors set in the past. This data will help you figure out what should your initial price point be.
You cannot tell if a product was there without making any sale for months before you picked it up. A factor like Sales Rank alone can’t tell you if a product is a fad or just a flash in the pan.
Also, you will not know if a product is trending only during the holidays or if a product’s popularity is declining. Therefore, seeing a product’s Price History is highly valuable, particularly if you are a sole seller. By analyzing, you can quickly know what price had your competitors set in the past. This data will help you figure out what should your initial price point be.
In this whole process, CamelCamelCamel will help you to sell as well as earn more.
Features of CamelCamelCamel
To comprehend how you can actually use CamelCamelCamel to scale your business, let’s quickly learn its features.
So, when I checked their product features section from their official website, I noticed that the tool currently offers 9 features, but a few noteworthy ones include:
1. Price Drop and Availability Alerts
So, what this feature does is it sends notifications via email whenever the price of a product (that you have been looking for) drops or changes. All you have to do is set a price threshold for which you want to generate the alerts. Once this is done and if the condition is met, the tool automatically notifies you via email.
2. Price History Chart
This is one of my favourite features and for good reasons. Price history charts is certainly one of the major parts of camelcamelcamel. Each product page has graphs of price variations for a time period and are divided into three categories: high, low, and average. Price & availability of the products along with a few other data is updated constantly from Amazon to make sure that it is precise.
The best thing I liked about this feature is that whether you are a new amazon seller or old, you can quickly see the price fluctuations on:
- Amazon
- Third party sites
Besides the product details, the tool also displays the sales rank. So at some point, if the pricing information seems off, you can see the accurate pricing data just by clicking the “request update” button.
At first, their graph interface might look a little intimidating. However, it is pretty easy to use. Just observe the green line if you want to know a product’s recent price history. Though CamelCamelCamel reports to update the data of every product’s pricing & availability constantly, it is still good to crosscheck with Amazon to be sure.
3. The Camelizer: Firefox & Chrome Extensions
Another great feature of CamelCamelCamel is their browser extensions. Just a quick installation will enable the tool to function as an add-on for two popular browsers – Google Chrome and Firefox.
The Camelizer allows you to view price history charts of various products without having the need to leave retailer product pages. This makes it simple to create price watches while viewing retailer websites.
4. Price Watch Interface
Just clicking the link - Your Price Watches – will list your price watch in a clean table format, which includes:
- Product name
- Product photo
- Product description (small)
- Your desired price, the price at which you started tracking a product, and current price.
- Links to products, Amazon pages, and price watch
In order to track your price watches, you can also use from the multiple filters available. This remains active unless you logout or you disable it. You can refine the list with these:
- Status: This filter shows if your product’s price watch is active (or the price that you want), unchanged, or updated.
- Price Type: Based on the tracking needs, you will see three types of price here: Third Party New, Third Party Used, and Amazon prices. You can track either one or all three.
- Artist: This filter lists all the artists (along with the photo!) of a musical price watch you may have.
- Category: This is based on an Amazon category of tracked products.
- Product Name: A product’s first letter you are tracking is turned into a filter option. With this, your list of price watch is split automatically into 25 pages 5. In addition, every item has a checkbox, where you can delete or edit multiple price watch simultaneously with the help the dropdown menu given at the bottom.
How To Use CamelCamelCamel?
So, here comes the exciting part. Using a tool like CamelCamelCamel ia pretty simple and once you start leveraging it, you can boost your profits.
- To have full access of all their features, the first step is to sign-up, which hardly takes 2 minutes. Just enter your email ID and your desired password. And that’s it. Its done!
- What I personally loved about this tool is that you can still use the tool without creating an account. You will still be able to check all the prices just by giving the Amazon’s product link or any keyword in their search bar.
- After the search results show up, click on various product pages to have an in-depth overview of how the product has changed in terms of price.
- Look at the graph to see when and how that product made sales at its lowest and highest prices in the last few months. However, you can also see a product’s pricing history for the past 1 year, or even from the date it first listed on Amazon just by modifying the date range.
- For some reasons, if you feel that the graph is little cluttered, you can click on “remove extreme values” or “close up views” from the chart options.
You can track a product whenever the price drops. The tool will notify you on the same after you create a “price watch” for that listing.
All you have to do is enter your email ID to which you want to get the alerts on a product’s price drop to an amount, which you set. If you don’t want this option, then you can also choose to receive alerts whenever the product’s price drops.
Once the price & availability alert is set, you will see that the tool will start sending you emails of price drops. Even though there isn’t a way to tell when these prices dropped drastically but a quick check at the price history’s graph gives you a complete idea if it is possibly to drop, especially during seasonal sales or during holidays.
CamelCamelCamel not just helps you to save lots of money but also ensures that you become a smart seller in no time.
Pros and Cons of CamelCamelCamel
There is no technology that is ever created to be “perfect.” There is always a good side and a bad side. And this applies to a tool like Camel Camel Camel as well. So, considering this, here are a few pros & cons that this tool has.
Pros:
1. User-friendly
Learning to use this tool is no rocket science. The interface is easy and a quick look at it will help you to understand what this tool does and how it can help you for your selling business.
What I honestly liked about this tool is that there are no software downloads or lengthy forms or any other process for that matter, to go through, to use. Just navigate to the website and enter your product link, keyword, or brand to get latest pricing information.
2. Mobile-responsive
Whether you are indoors, on-the-go, or out somewhere, using CamelCamelCamel is still accessible, as it is designed to be fully mobile-friendly. You can quickly check the current deals and even get updates on big price drops on Amazon.
3. Straightforward & in-depth historical data of pricing
You can check a product’s latest price, lowest price, and highest price from last few hours to even a year or probably, when the product was listed first.
4. Use as a browser add-on
You can install this tool as a plugin or add-on to your browser and use it whenever you are a listing page.
Cons:
1. Camelizer addon doesn’t work for Safari
Apple’s software updates and policies were modified recently, and due to which, the Camelizer does not support Safari browser currently. Though you might want the tool to support Safari badly again, sadly, they do not have the right resources to revise the extension, which Apple requires.
2. Fails to send Twitter notifications
Earlier, the feature of “Twitter Notifications” was no less than incredible. However, Twitter also has changed its policies, which disallows the tool to send any message via Camel Camel Camel.
3. Prone to bogus alerts
Since there are millions of active Amazon product listings, they are prone to make some mistakes occasionally. The system can notify you about the price drops, however, in reality, the item would have not been on sale.
4. Data at times is inaccurate with product sizes or options
There are times when the system can fail to send notifications, as there are numerous choices for sizes and colors on a product listing. Therefore, if you set a notification for a particular size or color, for instance, it will not email you to notify if other sizes or colors are on sale.
CamelCamelCamel Review: What’s My Take?
So, you might be wondering if CamelCamelCamel is actually worth using? Well, here’s my verdict.
As a price tracker, this tool does a wonderful job in collecting price data of a product and representing it so that customers can easily understand. It is reliable, fast, and does not need much technical knowledge to use.
What gives CamelCamelCamel its edge is certainly its simplicity. Also, I loved the fact that you don’t have to sign-up to look at the price drops of a specific product. You can still get to see those great deals just by navigating to the website.
For sellers like you, the Camelizer add-on makes a useful addition. You get quick access to a product’s pricing history with a click of the camel button on the toolbar. The best part is that it works ideally for various marketplaces – be it China, France, U.S., Japan, or U.K. Plus, it is free to use, so that is there to lose?
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