Power Sellers Unite

quicksrt · Joined: 26 Oct 2009 Posts: 401

Can someone tell me of a software program that will keep my items at .02 lower than any one elses?

And will not just lower, but will raise my prices when that other one sells and mine is the only one being offered?

And also, that will not lower my price lower than $4.99 no matter what.

You can't make any money on a 3.99 item I have noticed, fees will eat up all but a couple of dimes.

I heard that there are some programs that will take care of pricing. As I know I am very low, but I might be cheating myself out of a few dollars when I am too low.

elgato · Joined: 24 Feb 2005 Posts: 17240 Location: Texas

http://www.powersellersunite.com/viewtopic.php?t=38512

pbreit · Joined: 11 May 2011 Posts: 82

We currently provide an "automatic markdown" service for sellers which sort of helps out in this case. Currently the items are all listed in our own marketplace but we have thought about implementing it to manage items on Ebay or Amazon. I'll talk to the team about it.

What you describe can be tricky since if two sellers implemented your scheme, the price would quickly go to the lowest.

quicksrt · Joined: 26 Oct 2009 Posts: 401

pbreit wrote (View Post): › docWrite("quote")We currently provide an "automatic markdown" service for sellers which sort of helps out in this case. Currently the items are all listed in our own marketplace but we have thought about implementing it to manage items on Ebay or Amazon. I'll talk to the team about it.

What you describe can be tricky since if two sellers implemented your scheme, the price would quickly go to the lowest.

Yes, I understand the risk factor.

But I think other sellers on Amazon are using it. I see prices .02 lower than my prices every time I lower them, and within minutes.

So others are either looking at their prices every 10 minutes, or others have auto-pricing.

I think it is both, many do have auto-pricing, and others are looking every day to make sure that they are lowest.

I need to go in and raise some prices. Because even with the lowest price, and 100% Pos feedback, I have seen my items not sell, and be the sole listing for the given item, when 3 months earlier, there were 4 or 5 others offering that item. Either those items expired, and went dark, or buyers passed on my lowest price and top feedback, and went with another seller. I'm not sure.

But I do know that one must keep en eye on prices, or you can screw yourself out of profits when you are too low, and priced several dollars lower than others.

coyoteknife · Joined: 07 Feb 2005 Posts: 52

There are at least 3 software companies that offer automatic pricing on Amazon. When I looked into it the cheapest was like $50.00 a month.

I'm not mentioning any program on this "vulture site". Like a lawyer you need to pay for this knowledge. Nothing important is free, and I'm certainly not telling every bottom feeder how to play Low-Baller-101

.....Or the million other vultures that browse these boards.

Of course $150.00 could work?

Cash is grease....

quicksrt · Joined: 26 Oct 2009 Posts: 401

coyoteknife wrote (View Post): › docWrite("quote")There are at least 3 software companies that offer automatic pricing on Amazon. When I looked into it the cheapest was like $50.00 a month.

I'm not mentioning any program on this "vulture site". Like a lawyer you need to pay for this knowledge. Nothing important is free, and I'm certainly not telling every bottom feeder how to play Low-Baller-101

.....Or the million other vultures that browse these boards.

Of course $150.00 could work?

Cash is grease....

Damn that sounds so cynical. Bottom feeders playing low-ball 101 among the vultures. Do you hate this place, or just having a bad day at the races?

This info can gotten elsewhere no problem. But I didn't realize just how much bitterness has set in this this community. I know times are tough, but gawd damn. Auto-pricing or any other service that can be bought is out there to be bought, no worries baby!!

pbreit · Joined: 11 May 2011 Posts: 82

I think he meant something like RepriceIt which is fairly reasonable. It even includes some variables that are qualitative.

quicksrt · Joined: 26 Oct 2009 Posts: 401

pbreit wrote (View Post): › docWrite("quote")We currently provide an "automatic markdown" service for sellers which sort of helps out in this case. Currently the items are all listed in our own marketplace but we have thought about implementing it to manage items on Ebay or Amazon. I'll talk to the team about it.

What you describe can be tricky since if two sellers implemented your scheme, the price would quickly go to the lowest.

Then the correct and best way to use that software, is to set it to price whereever you want to be, and then after it goes through and does what you need to each item, you shut it off.

See when I first started listing my items at amazon, I priced each CD at about 1.00 lower than the same item's lowest price at that condition. And then I left it alone for 6 months never trying to be the lowest again until 6 months later.

It is kind of off when you find that you priced lowest out of 6 or 8 offerings. And when your item finally sells, you are the only one choice that buyer had. As if one of two things happened. 1) every bought the more expensive choices before yours (unlikely), or 2) all other items have expired and fallen off the item page and sellers have not yet relisted.

At any rate, revisiting each item and resetting prices by hand would be the best best after pricing software has done it's thing.

In same cases, I do not want to be the lowest. When the other seller has 94% Positive feedback, and I have 100, I'll go ahead and stay well above that other item. And when I am the only US seller (all others are UK, etc), I'll stay $10 higher and still get the sale eventually.

But anyway, I am looking to be more competitive in pricing as I am down to my last 45% of my CD inventory, and sales are slowing somewhat.