A Seller’s Guide to Amazon Repricing Software
Learn how to become an ace seller using Amazon repricing software in five easy steps. Step 1: Identify Your Competition Contrary to popular belief, you’re not in competition with every single seller on Amazon. Rather, you want to pick out the sellers who are: Selling and/or shipping to the same areas as you so you can aggressively and accurately configure your prices. Why compete with sellers selling out of their own backyard if you’re not and have to work in border tariffs? Selling similar or identical items as you. It’s no good to find every Amazon seller listing, say, t-shirts, as there can be a huge variance in quality, brand name, and therefore price. The idea is you want to pick out sellers who most closely resemble you as possible so you can create repricing rules that will compete effectively. Check out this article if you're interested in private label repricing on Amazon. Step 2: Set Your Min and Max Values One of the worst things you can do is create a race to the bottom, so avoid setting your min prices too low—the only [...]