Automatic repricers are tools that, when properly set up, can keep you in the buy box more frequently, allowing you to sell more inventory at a higher velocity. There are significant costs involved with many of these repricers, and new sellers may find that they are not an option. Until your business reaches the level that subscribing to an automatic repricer makes sense, you can manually perform many of these tasks, but we highly recommend moving to an automatic repricer as quickly as possible. Bqool is a great repricer for small to mid size sellers.
Here are 3 Manual Repricing Techniques that can help you to sell more inventory (if you don’t already have an automatic repricer).
There are 3 ways to manually reprice your inventory – by Age, Quantity, and Price. Perform these steps every 1-2 weeks to keep your inventory selling.
To begin, click on the Inventory Tab in Seller Central. Select the “Active” and “Amazon” filters at the top. This way you will only see Active Inventory in the FBA warehouse. Scroll to the bottom right corner of the page and select “50 results per page”.
Pro Tip: We recommend only working with 50 results per page (or fewer, if you are a new seller). Trying to reprice 100 or 250 items at a time could cause the page to freeze or fail to load properly. At the least, if you were to have a power interruption while working, you wouldn’t risk having to redo as many prices by working with smaller batches.
Technique 1: From your “Manage Inventory” page, click on the column header “PRICE” to sort your inventory from the highest price to the lowest. Scroll to the bottom of the page and select page 4. Reprice this page. After saving the results, go back and reprice page 3, then 2, then 1 (in that order). At this point you have repriced your 200 highest priced items.
Technique 2: From your “Manage Inventory” page in Seller Central, click on the column header “DATE CREATED” to sort your inventory by oldest to newest. Reprice the first 4 pages in order (1, 2, 3, 4). At this point you have repriced your 200 items that have been in inventory the longest.
Technique 3: From your “Manage Inventory” page in Seller Central, click on the column header “AVAILABLE” to sort your inventory by quantity in stock, highest to lowest. Scroll to the bottom of the page and select page 4. Reprice this page. After saving the results, go back and reprice page 3, then 2, then 1 (in that order). At this point, you have repriced your inventory with the most units in stock.
Note – Reprice from page 4 to page 1 when repricing by Price and Availability, but from page 1 to page 4 when repricing by Date. This allows you to do four full pages without the items changing order.
Weekly Manual Repricing will help you sell overpriced and stale inventory, as well as remain price-competitive on items where you have a lot of inventory. Repricing software and services exist that will automate this process, allowing you to reprice individual ASINs as frequently as every few minutes based on any number of pre-determined criteria, keeping you competitive with other sellers and allowing you to sell through your inventory more quickly.
Pro Tip: If you take advantage of the Minimum and Maximum Price settings in Amazon, you need to be careful not to reprice above the maximum or below the minimum that you have set. If you do, your listing will become “stranded” and you will not appear in the list of sellers for that item. Here’s how to reactivate a stranded listing on Amazon.