Amazon’s Automated Pricing Tool Review – Pros and Cons for FBA Sellers
After using strategies of advertisement and marketing like a sponsored display ad for your products. And after applying different strategies to keep the ell of the product high. Now, sellers have started reprising. And this repricing strategy is not an old strategy, it has just started in recent years since it gave a good outcome.
It is a successful way to gain profit from the same product without loss. The Marketing strategy is still at the top rank to keep the success and profit rank higher. Visit our website for more information regarding this and to get in touch with professionals to help you out in your Amazon journey.
Reprising is such an easy and quick trick to increase the sales of the product. Sellers automate this trick of reprising which is less hectic and easy and has no burden in it. Amazon has now also introduced its reprising tool.
Many other tools are also providing this service but Amazon has now also taken an initiative. In this article, you will get to know about amazon’s automated pricing tool, its review, its pros and cons, and how to use it. Moreover, we will be providing you a quick guide on how to add the manual pricing tool as an FBA seller.
If You are a beginner and you are not aware of any edge of this pricing tool, then you have to initiate repricing with the manual tool. Here in this image attached below, you will be having a full and quick guide to reprice your product manually.
Go to the amazon seller center, visit your products inventory, Check the active bar so that only the in-stock products will be visible to you, Now sort your inventory by the “date created” filter to get it straight, or you can use any other filter like the product, category, or price, etc, filters. Now tap the lowest-priced product and check it yourself before tapping the match price button.
Apart from this long inventory list, if you have any other individual item in your mind then you can just search the product using similar keywords or the ASIN pin. Now in the price section, manually add the amount in the column as you want it to be reprised. Now last and the easiest step, save the price by tapping the save all button on the right top edge.
Since you are a beginner, obviously you would not just fill the inventory with the products. You will need time to get settled first. So, the initial stage is where you are offering a manually manageable list of products on inventory. To increase your business all you need is a competitive number of products, with some advertising tricks and shortcuts to display your products, gain an audience and increase the business. Google ads have now become much stronger than before providing the point audience and options to filter the audience. Olifant digital is also a google ads agency providing a vast range of strategies to grow your business online.
After some time when you finally make up your mind to increase the business and feed more and more inventory to Amazon, you eventually start gaining the sales and the rank chart also takes a turn upwards. Here the increment in your inventory, now needs the work to be done automatically as it has become vast and needs steady and motion work.
When it comes to Automated tools for anything digitally, there are so many offering free or paid services. But once you are an Amazon FBA seller, you do not need to take tension from external sources for such a tool. The reprising tool has now been added to Amazon’s tools list. And now is a part of it.
It has become a lot easier and quick thanks to the advanced features of Amazon for the seller. But, again amazon’s pricing tool is for those newcomer inventories which have low production numbers and are newbies.
Developers have introduced so many new and free tools. These free tools are great with amazing upgraded quality. Keepa is one of those tools to keep your burden of tracking charts divided and keeping the price list upgraded.
Available free tools are much better than Amazon pricing tools as it is a manual tracking tool. Only newbies or the sellers with less inventory list can manually control that panel with less burden.
Pros & Cons
Amazon pricing tools are only good and useful for small inventory lists. As for the bad of amazon’s pricing tool, it lacks the customization of prices according to the betterment of the price and the business. As well as, amazon’s pricing tool lacks when the price needs to be raised certainly. You cannot reprice for a certain period once you just reprised it.
Once you enter a paid world, you are free to generate your territory. Similarly, in some paid repricing tools, you can customize your price range. You can change that price again at any time without any restriction of time.
You can manage a large inventory and divide the burden with that pricing tool. When you are running a heavy business, you do not need limits in such aspects. You need to be free in such stops to keep on gradually moving towards betterment.
Some automated pricing tools which are paid are Baqool and some others. Baqool is a great tool with a one-time investment and zero loss with no limits at all. As for Baqool’s reviews, clients have been doing well in the market and are at ease from the repricing and much more automation via Baqool.
Hope this is enough guidance to the manual beginner users and amazon’s automated pricing tool’s review helped to decide if your future in business either with restriction or paid free future in business, is acceptable from the seller’s side.