People continue to drop pricing on items tremendously.
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Just keep dropping your prices.
It is best to do it manually from the seller dashboard.
If you have that many listing that require software automation to change the price you are going down a dangerous path that could get you suspended.
If your competitors are using software to lower the price then you can attack them very easily. Set your price at zero profit and let your competitor run for a while at negative. When they realize what has happened they will end the listing. At that point you will start to sell again and you do need to be vigilant on this, up your price once they are gone or you will be at a loss too.
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You can use Amazon’s Automated Pricing for free in Seller Central
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As already mentioned, you can use Amazon’s Automated pricing to help you win the price war.
I understand that it is very unfortunate to have FBA inventory on a listing with multiple competing sellers. My recommendation is that you set any software to match the featured offer. This way, you can receive sales without worrying about winning the battle for the lowest price.
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We like this software. They are rolling out ai this year too! Amazon Repricing Strategies | Automated Repricer Software | Aura
If you are a 7 figure seller why are you promoting software that would enable your competition to dig into your profits.
Where did I say that?
My deepest apologies!! I totally was replying to a couple of comments at one time and mixed up a detail. I deleted the comment. As far as the repricer I suggest, I am all about helping others get further in their Amazon journey. This is a go to software for us, and I don’t mind the competition because we’re mostly RA anyways. Even if I weren’t mostly RA I’d want to help anyone I can. Again, seriously sorry about the mishap with the reply!
Apologies not needed here, when I get things mixed up my go-to excuse is to play the “old” card. It is nice that you are helping others out.
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that’s a good one!! Thank you for the understanding, and compliment. My partner and I have been selling on AMZ for 8 years now. We’ve seen all of the ups and downs, and know what the bad parts of Amazon selling is all about. We very recently bought out a company that we used for listing services because the owner was retiring the business. It was only for listing services, but we are currently merging an account maintenance department into the mix. We are seriously here to help out sellers with anything we can. Check us out sometime. Our website is currently being updated to reflect services, not just courses, but all is available. https://tarranttoolbox.podia.com/
Mind you, the website will get an overhaul in due time. The previous owner didn’t do much to it beyond providing the products, so I literally put that look together in about 2 days.
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In saying all of this, I am not just on here to sell services. I don’t mind giving out any tips or answers about any of our processes. Ultimately we are best suited for sellers averaging 10k/month or higher doing RA/OA that just don’t have the time, or desire to do the tasks themselves. As you know, I’m sure, there are tons of sellers smaller than this that could use advice wherever they can get it. We’re all in for that!