Online arbitrage, a strategy involving the discovery of products at low prices from various retailers for resale on Amazon at higher prices, represents a straightforward and profitable business model embraced by many successful drop shippers. However, within the lucrative dropshipping industry, only a select few businesses have managed to achieve significant success.
The challenge lies in the multitude of intricate processes associated with this business model, ranging from effective inventory management to vigilant price monitoring, streamlined order processing, and more. Many businesses are unprepared to navigate these complexities. Furthermore, the dropshipping landscape is marked by intense competition, with the industry reaching a point of saturation and high competitiveness.
To position your dropshipping venture for success and ensure it outpaces others in the industry, operational efficiency is crucial. This underscores the importance of having access to top-notch resources, such as OAGenius—a comprehensive inventory and order management software. In this article, we will delve into a thorough review of this software, covering everything from its features and pricing plans to the supported marketplaces. Let’s delve into the details, shall we?
What Is OAgenius?
OAGenius is a cutting-edge dropshipping tool designed to empower arbitrage sellers with a comprehensive set of features for efficient inventory management, automated processes, and scalable operations. This cloud-based software facilitates the seamless monitoring of prices, automation of orders, and discovery of lucrative opportunities.
The platform offers a range of functionalities, including the creation of customer support notes, profit calculations, delivery monitoring, and shipment searches. OAGenius provides valuable insights into various suppliers, such as order volume, profitability, refund rates, and more. Moreover, it empowers users to list diverse items on Amazon, enhancing their reach and market presence.
Compatible with major e-commerce platforms like Amazon, Walmart, and eBay, OAGenius actively monitors, reprices, and adjusts prices, listings, and stock levels as needed. The intuitive order management system automates order processing, importing source order IDs, and retrieving supplier tracking numbers effortlessly. The software also boasts a price tracking feature, ensuring that prices are continuously updated based on the latest information from source sites.
A key highlight of OAGenius is its sourcing extension, allowing users to obtain detailed product and pricing information directly from supported source sites like Amazon and Walmart. Leveraging this cloud-based solution, users can identify promising opportunities and list products on various source sites. The quick compare functionality facilitates the comparison of supplier prices and estimated shipping costs. Additionally, the advanced filter feature enables users to optimize search queries, refining results to display goods that align with their specific criteria.
OAgenius: Key Features
OAGenius provides a diverse range of products to support the growth and expansion of drop shippers’ businesses. Here are some key solutions offered by the platform.
1. Sage For Amazon:
This dropshipping software tailored for Amazon sellers facilitates accurate order automation, price monitoring, and inventory management. Arbitrage sellers can list products on both the system and Amazon simultaneously, maintaining control over pricing, shipping costs, and tax assignments. The software supports variations and consolidates different products into a single ASIN. It efficiently monitors item costs and availability, automatically adjusting listings. Sage offers customizable shipping, syncs with repricers in real-time, and automates order management, tracking numbers, customer support, and refunds.
2. Sage For Walmart:
Specifically designed for selling on Walmart, this dropshipping software enables automatic listing of products on Walmart, featuring rapid product sourcing. OAGenius provides real-time data-driven strategies and updated price changes for success on the Walmart Marketplace. The solution facilitates repricing based on actual prices, consolidates inventory, pricing, and management tools in one place, and automatically confirms shipments on Walmart. Sage for Walmart manages customer support, refunds, return requests, and offers an auto-ordering feature for approved items.
3. Gravity Extension:
As a Google Chrome extension, Gravity serves as a product sourcing tool for Amazon and Walmart users. It assists in identifying lucrative product opportunities by comparing supplier costs, sales tax, and shipping costs. Advanced filters refine search results, allowing users to add products to their buy list and manage inventory easily. The extension extracts search results and supports all OAGenius software functionalities.
4. Tracking Tool:
This tool generates valid dropshipping tracking numbers for DoorDash, TBA, and other carriers matching the recipient’s location. Users input the destination and delivery date, and the software retrieves a tracking number and accurate tracking info before shipping.
5. Supported Marketplaces:
OAGenius supports various marketplaces, including Amazon, Walmart, Overstock, eBay, Bed Bath & Beyond, Boscov’s, Blain’s Farm & Fleet, Costco, Zoro, Fleet Farm, The Home Depot, Vitacost, Sam’s Club, Hardware and Tools, and more.
In addition, OAGenius offers a unique Google Chrome extension, Gravity, as the best product sourcing tool for Amazon and Walmart dropshippers. The platform also provides a Tracking Tool to generate valid dropshipping tracking numbers and supports an extensive list of marketplaces for seamless integration.
OAgenius: Pricing
OAGenius operates on a product-based pricing model, offering users a flexible 1-week trial period that can be canceled at any time. The advantage of this trial is that it doesn’t require credit card details, ensuring there’s no risk of automatic debiting or hidden costs.
When it comes to the Gravity plan, users have a singular option to choose from. On the other hand, the Sage plan provides greater flexibility with five different options, allowing users to select a plan that aligns with their specific needs.
Regardless of the chosen plan, users enjoy access to all features without being tied down by long-term contracts. The subscription can be canceled at any time, promoting a hassle-free experience. The basic subscription includes services for up to 5 users, with an additional charge of $15 per month for each extra user. Moreover, users have the option to expand their services with an extra cost of $300 per month for an additional 5,000 listings.
OAgenius: Benefits
1. Get to Know Your Stock with OAGenius
In the fast-paced world of e-commerce, timely delivery is crucial, especially on platforms like Amazon where customer satisfaction is paramount. OAGenius understands the importance of managing stock efficiently to avoid disgruntled customers and negative reviews. For sellers, maintaining a positive reputation and preventing cancellations is vital to safeguarding their Amazon accounts.
OAGenius employs advanced inventory management technology tailored to combat the challenges of ‘out-of-stock’ scenarios. By monitoring stock levels across supported retail sites and adjusting listings accordingly, OAGenius becomes an indispensable tool for dropshippers. It automates the depletion and relisting of items based on their availability on the sourcing site, eliminating stock-related issues and the need for manual adjustments.
Say goodbye to stock snafus, wasted time, and potential suspensions. OAGenius not only saves you money but also ensures a seamless experience, sparing you from unnecessary customer service challenges.
2. Keep Tabs on Price Changes
In the dynamic world of Amazon, prices are in constant flux. As a dropshipper, staying competitive and securing the Buy Box requires vigilant pricing strategies. OAGenius provides a price-monitoring feature that integrates with informed.co (formerly Appeagle) via API.
This powerful combination allows you to set and adjust minimum and maximum thresholds for item prices based on desired profit margins, ROI, and more. With OAGenius, you can efficiently track and update pricing, ensuring your listings remain competitive without the hassle of manual adjustments.
3. Effortless Order Management
Scaling your business comes with increased order volumes, making manual order management impractical. OAGenius steps in with its versatile platform, offering features to streamline order fulfillment. Organize orders, calculate profits, automate shipment tracking, set order statuses, and create customer service notes—all in one place.
The application provides detailed SKU reports and supplier-level insights, easily accessible within the platform or through CSV export. Save time, money, and effort with OAGenius, allowing you to focus on growing your business without being bogged down by order management complexities.
4. Finding the Right Items Made Easy
Identifying profitable products shouldn’t be a time-consuming task. OAGenius’s product sourcing extension revolutionizes the process, automating it to save you time and energy. With the ability to bulk-scan source retailer pages, instantly identify profitable products, and compare them to Amazon listings, OAGenius makes product sourcing 25 times quicker than manual methods.
Whether you’re an FBM/MFN online arbitrage dropshipper or a traditional FBA retail arbitrage seller, OAGenius’s sourcing extension is a game-changer. Start using OAGenius for your product sourcing, and you’ll wonder how you ever managed without it!
Final Thought
OAGenius presents a comprehensive suite of tools designed to empower arbitrage sellers in discovering, listing, managing inventory, price monitoring, and executing dropship orders. The Lister functionality facilitates the listing of products on Amazon, synchronizing existing Amazon inventory for streamlined bulk management. It offers support for product variations, kits, and bundling multiple items into a single ASIN. OAGenius diligently monitors prices and stock levels, automatically repricing listings and adjusting available quantities as necessary.
As your business expands, the realization sets in that manual processes are neither efficient nor accurate. To thrive as a dropshipper, effective business management becomes paramount. Investing in robust and precise software automation is not just an option; it’s a necessity.
The critical questions you must address are, “How rapidly do I intend to scale my business?” and “Do I want to establish a foundation for success from day one, or am I willing to rectify inefficient practices later on?” Arbitrage proves to be a lucrative venture, but achieving desired results hinges on executing it correctly from the outset.