Re-pricing

[Ryan Gil]

Do you make that ?

[Potluck]

is it possible to have more information, ? It's just to make another price ?

[Eolia]

Hello,

 

From what I understand, the repricing does not necessarily lower your prices but a work on the repositioning of the product when you are on a markeplace
What I would like to know is if you have experience feedback in terms of return on investment?

[Janett]

Beware the goal is also not necessarily an increase in sales, and sometimes it's not even the desired effect.
The goal is to optimize your margin, unitary or global.
So it can increase the overall margin by increasing the volume after decreasing the unit margin, or vice versa.
Mor informations :

https://www.datafeedwatch.com/resources/academy/dynamic-repricing

 

[Patrick]

If you want to update the price in function the competitor, in this case it's better to use a scrapping system or IA application.
Amazon propose different tools for that. 

If your product has lot of competitors, it's important to follow them, make report and take decision to follow or not.

Edited October 25, 2019 by Patrick