Hello everyone,
i have a question, how can i profit when the sellers are continously decreasing the price , im afraid to keep my price higher because they might decrease it even more and then i wont be able to sell my products with the price i want and it will lead to loss instead of profit.
Can anyone help please???
Don’t lower the price. Somehow, you’ll get the orders if you have a sales history with this product. If needed, then use coupons for a short time. If other sellers decrease their price, they are getting inventory at a cheaper price compared to yours. Try to buy inventory next time with a greater discount.
thanks for ur help i appreciate it
Hi @jeek1314
You have a few optiuons.
If you keep your price higher, the lower priced offers will eventually sell out. If you can wait it out. If not, lower your price and move on to another product.
If you don’t want to beat the Buy Box price, position yourself within the Other Sellers on Amazon box. This will give your offer visibility.
If you have 100% feedback rating, don’t drop your price. Buyers will search you out. If you don’t have 100% feedback rating now, work toward it. It’s worth it’s “weight in gold.”
You’re welcome, and best wishes.
