You can set up your Ideal Buy parameters in Scout to help you make quicker purchasing decisions. This setting tells Scout to indicate which items you search meet the sweet spot that you may consider an Ideal Buy. No more guessing games!
To manage these settings, select your name in the upper right corner and choose Settings.
Click Research from the left menu.
While on the Research>Scout page, you can click on the set Set Up Ideal Buy link under the search bar to manage these settings as well.
You can turn this feature On or Off by clicking the toggle next to Ideal Buy.
You can set your properties to only identify an Ideal Buy when Amazon isn't the seller and/or if the item has a Great Rank by checking the boxes next to these options.
You can also enter a maximum Number of Offers you would want an item to have in order to be considered an Ideal Buy.
If an item in the search results meets the requirements you set, you will see the green Thumbs Up icon to the left of the image:
To choose a desired ROI for each item you research, enter the percentage number you want in the editable field.
This will display a Target Cost/Unit within the details area of an item you are researching. Enter your List Price, and it will show you how much you want to purchase an item for to meet your desired ROI.
You can not only select what a Great Rank is to you, but you can do so on the individual category level, as well as change the total items in a category.
The category list is scrollable on the left side.
The fields for the Total Items and A Great Rank Is are editable so you can update those whenever you get new information.
The far-right column automatically calculates the Great Rank number based on the Total and the Rank percentage you enter.