Everything you need to know about Automate Pricing

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Spencer_Amazon

Everything you need to know about Automate Pricing

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What is Automate Pricing?

Automate Pricing allows you to automatically adjust prices on SKUs in your catalogue in response to events such as the Featured Offer (Buy Box) price, without having to revisit the SKU every time you want to change your price.

How does it work?

  • You create a pricing rule, set the rule parameters, and then select the SKUs to which the rule applies. This is because automated pricing is applied only to the SKUs you designate, not to your entire catalogue.
  • You can start and stop automated pricing rules at any time, as well as change your rules or the SKUs to which your rules apply.
  • You control the prices by defining rule parameters, setting minimum price and maximum price (optional) boundaries, and selecting the SKUs on which to automate pricing.

Things to know.

  • To give you the best chance of being eligible for the Featured Offer (Buy Box) within your minimum and maximum price limits, Automate Pricing will also compare your offer price with Amazon’s high price limits, to protect you against setting prices significantly higher than recent prices offered on or off Amazon.
  • If you do not set a maximum price, Automate Pricing will protect customer trust on your behalf by ensuring that your offers are not priced significantly higher than recent prices so that your offers remain eligible to become the Featured Offer.

You can manage your SKUs either with the Automate Pricing tool, or using the Automate Pricing file.

Helpful documentation:

If you set your listings to Inactive, any pricing rules that apply to those listings are paused until your listings are set to Active again. For more information on how to set your listings to Active or Inactive, go to listing status for vacations, holidays, and other absences.

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Tags:ASIN, Listings, Pricing
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Seller_IC5dxZRZpcM4T

Automate Pricing is the best and quickest way to tank prices and damage the buyer experience not to mention to haemorrhage cash.

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