Buy Box Hunter on Alpha Repricer
Buy Box Hunter:
Alpha Repricer’s Buy Box Hunter uses an innovative algorithm to win the Buy Box and then hunts for the highest price at which the Buy Box can be retained. It then adjusts the price up or down as competitive prices change.
- Buy Box Hunter have two options:
1. Exclusive Buy Box 2.Exclusive or Shared Buy Box
- When there is no competition and you are the only seller:
There might be a condition when no competitor remains or you are selling the product which is only sold by you. In both cases, you will be the only seller under that ASIN.
For this situation, you can configure system to set your prices accordingly. Below settings will be found in “When there is no competition and you are the only seller” section.
- No Action: Do not change your price.
- Use Minimum: Use the item’s minimum price. Optionally add a fixed amount or a percentage of the Total Minimum.
- Use Maximum: Use the item’s maximum price. Optionally subtract a fixed amount or a percentage of the Total Maximum.
- Average of Minimum and Maximum: Use the average of the item’s minimum and maximum prices. Optionally add or subtract a fixed amount or a percentage of the Total Average.
- Increase my price: Increase my price by the fixed amount or percentage of Total Price.
- Competition below minimum settings:
While competing for the Buy Box the price at which you can win may be below your minimum price. Enabling this feature will instruct the Buy Box Hunter to raise your price for a duration. This may coax the competition to raise their price making it possible for you to win the Buy Box until the competitor drops their price again. Note that the Buy Box Hunter will only raise the price if it has a known price at which you can win otherwise the price will not be raised.