How to Use SellerAmp for Amazon Wholesale (Full Walkthrough)
SellerAmp is the tool that turns a distributor's price list into a real answer: profitable or not. Most beginners install it, run a few products, see mostly red numbers, and assume they're doing something wrong. Here is how to actually read it.
SellerAmp calculates your real fees, ROI, and net profit on any Amazon product. That is the whole job it does. It sounds simple, but for wholesale it is one of the two or three tools you genuinely cannot work without, because you cannot do this math by hand on a 500-line price list.
SellerAmp (code LAUNCHPAD for 50% off your first month) works two ways: check one product at a time on a listing page, or paste in a list of UPCs and check hundreds at once. For wholesale, the second one is where you live.
Checking a single product
Start with one product so you understand what every number means before you run a full list.
The number beginners read wrong
Here is the mistake I see constantly. Someone looks at a price list, sees a product costing $8 that sells for $20 on Amazon, and thinks: that's a 60% margin, this is great. Then they check it in SellerAmp and it shows a $1.10 net profit. Confusion sets in. Nothing feels broken, but the number does not match the story they had in their head.
The $8-to-$20 comparison is gross margin before any Amazon costs. SellerAmp's ROI and net profit figures are what's left after referral fees, FBA fulfillment fees, and your prep and shipping costs. That is the number that actually matters, and it is almost always dramatically smaller than the gross comparison.
| Item | Notes | Amount |
|---|---|---|
| Selling price | Current Buy Box price | $20.00 |
| Product cost | Distributor price | −$8.00 |
| Referral fee | 15% of selling price | −$3.00 |
| FBA fulfillment fee | Standard size | −$4.90 |
| Prep and inbound shipping | Per unit | −$3.00 |
| Net profit per unit | What SellerAmp actually shows you | $1.10 |
That $1.10, divided by the $8 you spent, is roughly 14% ROI. Not the 60% the price list made it look like at first glance. This is exactly the gap covered in more depth in real Amazon wholesale profit margins, and it's the reason nearly every gross-margin number you see quoted online is misleading on its own.
Why most of your price list will show no profit
Once people start checking real price lists, a common reaction shows up: they run a hundred, two hundred, sometimes thousands of UPCs, and almost nothing clears a real profit. It starts to feel like the tool is broken or the whole approach is wrong.
It isn't. This is normal. Most products on any given distributor's price list will not clear a real profit once every fee is included, because most products were never screened for Amazon resale in the first place, they were just built into a general wholesale catalog. Finding the small number that do work is the entire point of running a bulk check. A price list that returns a handful of genuinely profitable products out of hundreds is a normal, healthy result, not a failure.
What actually causes a bad hit rate is usually one of these:
Fixable
- Prep and shipping costs left blank or set too low
- Checking a distributor with a weak product-to-Amazon overlap
- Not filtering by category referral fee before you screen
- Missing the Buy Box price stability check in Keepa first
Just the nature of wholesale
- A generic catalog with mostly unprofitable Amazon fits
- High competition driving Buy Box prices down
- Categories with a 15% referral fee eating the margin
- A low hit rate on any given list, even a good one
If you're consistently getting zero hits across multiple full lists, the more likely issue is the distributor, not your screening. Finding the right suppliers in the first place does more for your hit rate than any tool setting.
Screening a full price list
Once you have a distributor's price list, the workflow is:
- Pull the UPC and cost columns from the price list into a clean list.
- Paste the UPCs into SellerAmp's bulk tool and let it match each one to an Amazon listing.
- Enter your cost per unit for the whole batch, or upload cost alongside UPC if your list has it.
- Sort by net profit or ROI once it finishes, not by gross margin.
- Take your shortlist into Keepa to confirm sales rank and Buy Box price have been stable, not just profitable today. This post covers exactly what to check.
SellerAmp tells you what's mathematically worth ordering. Keepa tells you whether that math will still hold up in six months. You need both before you commit money to an order, which is the same process covered end to end in how to analyze a wholesale price list.
Decide your ROI floor before you screen, not after. A common approach is not going below 15-20% ROI, since anything thinner leaves too little room to absorb a price drop or fee increase later. Screening without a set number in mind is how people talk themselves into thin products because a list "looked disappointing" otherwise.
Once you're placing regular orders, Sellerboard picks up where SellerAmp leaves off, tracking your actual realized profit per product after the sale instead of the pre-order estimate.
In the mentorship we screen your actual distributor lists together, so you know exactly why a product is a pass or a buy, not just the theory.