The e-commerce world is growing continuously, with a lot more retailers joining online marketplaces like Amazon, and it is getting quite difficult for sellers to beat out the competitors and stay ahead in the game. In order to sell at the best price on Amazon and win the Featured Offer, sellers frequently use extreme pricing strategies and end up undercutting each other’s prices. However, attempting to keep track of the competitors, and beating them all, requires a vast amount of research, as well as tedious, time-consuming, manual adjustments.

So, how can one transform such a daunting task into a triumph? Well, the answer is pretty simple: through an Amazon repricing software.

Based on our Analysis, here’s how a repricing technology can help in attaining the Featured Offer for your Amazon Business:

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Amazon has yet to reveal the algorithm at which it assigns the Amazon Buy Box to its sellers. However, we have found out that there are a few factors that Amazon considers before assigning the Featured Offer. Some factors can be given more priority, such as the price of the product.

If Amazon has given you the tag of being eligible for Featured Offer, then it must be because of your high order fulfillment rate, lower return rate, and exceptional customer service. The other top factors are:

Price comes first on the list as it is one of the key considerations of Amazon before assigning the Featured Offer to sellers. You will miss out on all the sales if your product prices are too high. However, if you end up pricing too low, you won’t be able to make enough profits.

While it’s commonly believed that the lowest price wins the Buy Box, our research indicates otherwise. There have been numerous instances where the Buy Box has been given to a product with a higher price.

This is where the role of an Amazon repricing software for FBA sellers comes in. Automated repricer allows Amazon sellers to experiment with different pricing strategies. It’s not only about dropping down prices: a repricing tool will also increase your product prices according to the situation so that you earn more while staying at no.1 position.

A smart repricer will help you in automating price adjustments on a regular basis, ensuring that you don’t miss out on any opportunities.

· Reviews

It is required for sellers to have a seller rating above 95%, which corresponds to only one negative feedback for every 20 buyers that have left a comment on your product page.

You can take the help of a feedback management tool to assist you in a variety of ways, including preventing bad reviews on Amazon.

· Fulfillment

Selling through FBA can help sellers nail their fulfillment game. You’ll also be free from any unfavorable feedback from customers related to shipping, or order delay, as Amazon itself handles this aspect of business with FBA.

The plus point of selling with FBA is that you will be eligible to sell to Amazon Prime members, which can get you more sales and of course, maximum profits.

·  Inventory

Updating your inventory and keeping a check to stay in stock always is necessary if you want to win the Buy Box on Amazon. Amazon must know you are capable enough of fulfilling each of your orders.

Winning the Amazon Buy Box is not really easy, as there are a lot of factors to give your attention to. However, an Amazon repricer can help in taking care of the biggest factor: price. How? Well, let’s see!

1.  Competitive Edge

In today’s ever-changing market environment, price is the most compelling factor for modern customers. They make smart purchasing decisions after looking at all the sellers and figuring out which seller offers the best quality products and that too, at the lowest price.

Due to high competition on Amazon, sellers end up competing with one another for sales. However, winning price wars is not easy. You have to choose the right competitors, stay updated with all the price changes, and be exceptionally fast to adjust the price changes to win the Featured Offer. Most of the sellers fail to do so manually, and that’s where a repricing solution comes in.

An Automated repricer keeps a check on your top competitors, watches their every move, and quickly responds to price changes while staying within the limits (you’ve set) to help you stay at no.1 position as a seller.

2.  Optimization Of Your Product Prices

It has been suggested quite often that repricing makes you lower your rates and gets you into price wars. However, a repricing solution does not always work in this manner.

When you set your repricer to work on winning the Featured Offer on Amazon, it sure does keep your product prices competitive so that no other seller can come at your level and you get the spot. In addition, it increases the Featured Offer value once you win it to prevent other sellers from snatching it back from you.

A competent repricing software will detect when there is an opportunity for you to price higher within your defined maximum range, to increase your profit margins. Alpha Repricer optimizes prices intelligently, to help you get maximum sales. Sellers can outmaneuver competitors and secure the Featured Offer without compromising on profits.

Gone are the days of manual repricing marathons. An Amazon repricing allows you to set the rules, price limits, and then sit back and relax while it does all the work for your business. After you are done setting your min/max price limits for individual SKUs, the tool will instantly start repricing those items in order to win the Amazon Buy Box and get earn maximum profits.

Many sellers are still doing repricing the old way, by going from one SKU to another and manually changing prices in an attempt to beat off a tenacious competition to get the Featured Offer on Amazon. However, an Amazon repricing tool saves your time by automating each adjustment so that you can set the rules and forget about them until you get favorable results.

The algorithmic repricing tool helps you get a better search placement, attracts customers since you will be the one offering the most competitive prices, and helps you stay on top to win the Amazon Featured Offer. What more can you possibly need?

Well, we know exactly what more you need. It would help if you had tips to understand how to consistently win the Featured Offer—like proven winning formulas and insider strategies. Want to dive deeper? Click here for our next blog on mastering the Featured Offer!

In conclusion,

If you are still thinking about getting an Amazon repricing tool for your business, you better hurry because, by the time you decide, your competitors will be way ahead of you. In our opinion, embracing automated repricing with Alpha Repricer isn’t just a competitive advantage; it’s a strategic imperative. Take our advice and sign up now! Good luck.

Author

  • Noor Jarri

    Meet Noor Jarri, a seasoned writer specializing in the dynamic world of Amazon. With over three years of experience, Noor has become a trusted resource for Amazon sellers seeking guidance on repricing strategies and navigating the e-commerce landscape.

    As a valued contributor to Alpha Repricer, Noor's expertise shines through in her engaging blog articles, press releases, and guest posts. Praised for her skill in crafting content that is both informative and approachable, Noor's writing is a knowledgeable resource for sellers of all levels. Beyond her professional pursuits, Noor is an avid traveler and culinary enthusiast. She finds inspiration in exploring new destinations and experimenting with recipes from around the world.

    Join Noor Jarri on her journey as she continues to empower Amazon sellers with insights, tips, and strategies to thrive in the ever-evolving marketplace.

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