Sellerboard vs InventoryLab Review: Which Tool Fits Your Amazon FBA Business?

Are you stuck deciding between Sellerboard vs InventoryLab for your Amazon FBA business?

You’re definitely not alone.

It's a common question I hear a lot from sellers who want to get a better grip on profitability, inventory, and overall operations.

Both Sellerboard and InventoryLab offer useful features, but they serve slightly different purposes and sellers.

So, which one should you pick?

In this guide, I'll break down the key differences, benefits, and drawbacks of each.

By the end, you’ll know exactly which software fits your unique needs (and budget) as an Amazon seller.

But hey - before we jump in, I also want to mention that I have a special Sellerboard extended free trial offer that gives you 2 months free to test it out risk-free.

You can grab that offer here:

Get Sellerboard 2 Months Free Trial

Plus, I’ve created a detailed video tutorial on how to use Sellerboard from A to Z.

I had Jenny Adams from Sellerboard on my channel, and together we went through every feature, sharing best practices to help you make the most of the tool.

You can watch it below.

If you prefer reading, I also have a written tutorial version you can check out: How To Use Sellerboard

-: Learn How to Use Sellerboard from A to Z :-

What Are Sellerboard and InventoryLab?

Before diving into the differences, let’s quickly cover what each tool is designed for.

Sellerboard is primarily a profit analytics and PPC management tool for Amazon sellers.

It tracks your real-time profits, expenses, and PPC campaigns.

Sellerboard focuses on providing detailed financial insights along with automated tools like cashback management, refund requests, and PPC optimization.

InventoryLab is an all-in-one software mainly designed to simplify inventory management and accounting for Amazon sellers. 

It helps you organize shipments, track costs, and manage your bookkeeping with integrated tools for labeling, prep, and profitability reports.

Down below, I’ve compared both tools based on their features and capabilities.

Profitability and Financial Analytics

Profit tracking is the heart of both tools, but they approach it differently.

1. Sellerboard: It offers very detailed and real-time profit analytics. Sellerboard shows your net profits, including hidden costs like storage fees, advertising, refunds, and even currency conversions. The dashboard updates constantly, giving you up-to-date financial insights.

2. InventoryLab: Its profitability reports are thorough but generally updated at the end of the day or after syncing. It focuses more on calculating costs per unit, including inbound shipping and prep fees, but the profit dashboard isn’t as instant or as deep in analytics as Sellerboard.

If you want to keep a close eye on your profits and cash flow every single day, Sellerboard wins here.

Get Sellerboard 2 Months Free Trial

Inventory Management

Managing inventory efficiently is critical to avoid stockouts or excess storage fees.

1. InventoryLab: This is where InventoryLab really shines. It provides robust inventory tracking features including forecasting, shipment planning, and labeling. The tool lets you track your inventory status across multiple Amazon marketplaces and syncs with your shipments and orders seamlessly.

2. Sellerboard: While Sellerboard offers some inventory tracking, it is not as feature-rich as InventoryLab in this area. Sellerboard’s inventory functions are more basic, focusing mainly on linking inventory costs to profits.

For sellers who want a more complete solution to inventory planning and shipment management, InventoryLab is the better choice.

We also have a post with 5 best tools for inventory management for Amazon sellers.

Accounting and Bookkeeping

Keeping your books clean is essential, especially as your business grows.

1. InventoryLab: Offers solid bookkeeping and accounting integration. It tracks every expense related to your inventory, making tax time easier. It can generate detailed cost reports and integrates with accounting software like QuickBooks.

2. Sellerboard: While Sellerboard tracks your profits including expenses, it’s less focused on traditional bookkeeping or tax-ready reports. It’s more of a financial analytics dashboard than a full accounting suite.

If you’re looking for a tool that helps with bookkeeping and taxes, InventoryLab is likely more suitable.

Another good accounting software for Amazon sellers is Link My Books.

PPC Management and Advertising Tools

Managing Amazon PPC campaigns can be time-consuming.

1. Sellerboard: This is another area where Sellerboard pulls ahead. It includes a built-in PPC optimization tool that monitors ad spend, sales, ACoS, and keyword performance. Sellerboard helps identify wasted ad spend and suggests ways to improve your campaigns.

2. InventoryLab: Does not offer PPC management features.

If PPC optimization is important to you, Sellerboard has the edge.

Get Sellerboard 2 Months Free Trial

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Thinking about using Sellerboard to analyze PPC data? Here’s a look at my real results so you can see how accurate it is.

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Ease of Use and Interface

Both tools are user-friendly, but their interfaces cater to different seller needs.

1. Sellerboard: The dashboard is clean and focused on profit metrics and PPC insights. It’s easy to navigate once you get the hang of the various tabs, and their tutorial video (linked above) is very helpful.

2. InventoryLab: The interface is designed to handle more complex inventory and shipment workflows. It can feel a bit overwhelming initially, but once set up, it’s a solid tool for organizing your entire backend process.

Pricing and Plans

Pricing is always a factor for sellers on a budget.

1. Sellerboard: Starts at $19/month with a simple pricing structure based on your monthly Amazon sales volume. Remember, you can try it free for 2 months with my exclusive offer here:

Get Sellerboard 2 Months Free Trial

2. InventoryLab: Has a monthly subscription starting around $69/month. They also offer a 30-day free trial. The pricing is higher, but you get more inventory and accounting features.

Who Should Use Sellerboard?

1. Sellers focused on tracking profits in real-time and optimizing Amazon PPC.

2. Those who want automated tools for refunds, cashback, and alerts.

3. Sellers who prefer a financial dashboard with advanced analytics.

Who Should Use InventoryLab?

1. Sellers who want a comprehensive inventory management and shipment tool.

2. Those who need solid bookkeeping and accounting integration.

3. Sellers handling large and complex inventory with multiple marketplaces.

Summary Table: Sellerboard vs InventoryLab

Final Thoughts

Choosing between Sellerboard and InventoryLab depends largely on what you want out of the tool.

If your main focus is tracking profits with real-time data and PPC management, Sellerboard is a great choice - especially with my exclusive 2 months free trial offer to get started.

Get Sellerboard 2 Months Free Trial

On the other hand, if inventory control, shipment management, and bookkeeping are your priorities, InventoryLab offers a more comprehensive solution.

Feel free to test both tools if your budget allows, but keep in mind your business needs right now and what you might want six months down the line.

Using the right tool for your current stage can save you time, money, and headaches.

For more information on the best alternatives to Sellerboard, read this blog: Top Alternatives for Sellerboard

Thanks for reading!

If you have any questions or want my personal advice based on your Amazon FBA situation, just ask.