{"id":11976,"date":"2018-06-27T11:49:26","date_gmt":"2018-06-27T10:49:26","guid":{"rendered":"http:\/\/www.repricerexpress.com\/?p=11976"},"modified":"2020-09-24T12:23:19","modified_gmt":"2020-09-24T11:23:19","slug":"amazon-repricing-myths-debunked","status":"publish","type":"post","link":"https:\/\/www.repricerexpress.com\/amazon-repricing-myths-debunked\/","title":{"rendered":"Amazon Repricing Myths Debunked"},"content":{"rendered":"<p><strong>If you\u2019re starting out selling on Amazon or thinking about making the switch to auto-pricing, you might be wondering if repricing software is worth it (hint: it almost always is). But if you\u2019ve heard a few things that make you say, \u2018Nope, not for me\u2019, then <a href=\"http:\/\/www.repricerexpress.com\/\">RepricerExpress<\/a> is here to debunk those Amazon repricing myths.<\/strong><\/p>\n<h2>Myth 1: You\u2019ll Lose Money With Repricing<\/h2>\n<p>One of the most common myths about repricing software is that it reduces your prices to make them more competitive. But if you\u2019ve ever put an item into your Amazon basket and come back to it a few days later, you might have noticed the price went <em>up<\/em> instead of down.<\/p>\n<p>That\u2019s because repricers are used to both raise and lower the product\u2019s price, depending on the environment. If there\u2019s more demand for an item, you can set your repricer to increase the price; conversely, you\u2019d set it to decrease if there\u2019s more supply to drive excitement.<\/p>\n<h2>Myth 2: Repricers Mean a Race to the Bottom<\/h2>\n<p>There will always be items that go down to a penny on Amazon because sellers: a) are aggressively trying to get rid of something, b) are trying to drive up excitement by using a loss leader, or c) poorly understand how to use a repricer strategically.<\/p>\n<p>When you configure the rules or algorithm of your repricer, you set a min price \u2014 this means no matter what your competitors are doing, <em>your<\/em> product\u2019s price will never fall below a preset amount.<\/p>\n<p>And in case that\u2019s <em>still<\/em> not enough assurance, Amazon\u2019s put in their own safeguard to protect against pricing errors so you don\u2019t accidentally sell something for ridiculously cheap.<\/p>\n<p><strong>Related:<\/strong> <a href=\"http:\/\/www.repricerexpress.com\/reprice-upwards-amazon\/\">How to Reprice Upwards on Amazon FBA<\/a><\/p>\n<h2>Myth 3: You Don\u2019t Sell Enough to Make a Repricer Worth It<\/h2>\n<p>If you sell under 10 items a month, then a repricer might not make sense for you. But even if you have a small inventory, using a repricer smartly can pay off at the end.<\/p>\n<p>There\u2019s the obvious, where you use a repricer to maximise your profit margin so you don\u2019t have to pay attention to the details and can make money strategically in other areas.<\/p>\n<p>And there\u2019s also the automation aspect that protects against human error. When you manually reprice, you\u2019re putting yourself at risk of an error every single time. But when you let a repricer do the work for you, you\u2019re greatly reducing the margin of error.<\/p>\n<h2>Myth 4: Your Prices Can Stay the Same for Long Enough<\/h2>\n<p>There are some sellers who just don\u2019t want to be bothered with making as money as they could. And that\u2019s cool for them. But for those who care, a repricer can help squeeze every bit of money from each sale \u2014 add that up over time and you really notice it.<\/p>\n<p>If you\u2019re thinking you\u2019ve probably got a good handle on it, you\u2019re probably wrong. Repricers can pick up on market changes when you\u2019re not there, which is when you\u2019re sleeping, on vacation, cooking, in the bathroom, running errands, and doing whatever life things take you away from work.<\/p>\n<h2>Myth 5: You Can\u2019t Fine Tune Changes With a Repricer<\/h2>\n<p>In the beginning, we briefly touched on setting a min value, which implies you can set a max value, too. But there\u2019s so much more to repricing than that. There\u2019s a huge range in between where you can set finer controls to make it work for <em>you<\/em>, whether you choose to go with a rules-based or algorithmic repricer.<\/p>\n<p><strong>Related:<\/strong> <a href=\"http:\/\/www.repricerexpress.com\/min-and-max-prices\/\">Setting Your Min and Max Prices in RepricerExpress<\/a><\/p>\n<h2>Final Thoughts<\/h2>\n<p>These are some of the most common repricing myths on Amazon we\u2019ve come across that we wanted to debunk. Hopefully, it\u2019s swayed your position and you\u2019ll give yourself an early Christmas gift of repricing software. When you\u2019re ready to do that, check out all the awesome stuff we\u2019ve got going on at <a href=\"http:\/\/www.repricerexpress.com\/\">RepricerExpress<\/a>. As a bonus, you\u2019ll start off with <a href=\"https:\/\/dashboard.repricer.com\/register\/do\/repricer?utm_source=rex-blog&amp;utm_medium=referral&amp;utm_campaign=rex-to-repricer-registration&amp;utm_activity=take-action\">the first 15 days totally free when you sign up now<\/a>. Go get \u2018em, champ!<\/p>\n<p><a href=\"https:\/\/dashboard.repricer.com\/register\/do\/repricer?utm_source=rex-blog&amp;utm_medium=referral&amp;utm_campaign=rex-to-repricer-registration&amp;utm_activity=take-action\"><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone wp-image-11085 size-large\" src=\"https:\/\/www.repricerexpress.com\/wp-content\/uploads\/2017\/10\/amazon-repricer-free-14-day-trial-768x330.png\" alt=\"Free trial\" width=\"1024\" height=\"440\" srcset=\"https:\/\/www.repricerexpress.com\/wp-content\/uploads\/2017\/10\/amazon-repricer-free-14-day-trial-768x330.png 768w, https:\/\/www.repricerexpress.com\/wp-content\/uploads\/2017\/10\/amazon-repricer-free-14-day-trial-300x129.png 300w, https:\/\/www.repricerexpress.com\/wp-content\/uploads\/2017\/10\/amazon-repricer-free-14-day-trial-1024x440.png 1024w, https:\/\/www.repricerexpress.com\/wp-content\/uploads\/2017\/10\/amazon-repricer-free-14-day-trial-200x86.png 200w, https:\/\/www.repricerexpress.com\/wp-content\/uploads\/2017\/10\/amazon-repricer-free-14-day-trial-400x172.png 400w, https:\/\/www.repricerexpress.com\/wp-content\/uploads\/2017\/10\/amazon-repricer-free-14-day-trial-600x258.png 600w, https:\/\/www.repricerexpress.com\/wp-content\/uploads\/2017\/10\/amazon-repricer-free-14-day-trial-800x344.png 800w, https:\/\/www.repricerexpress.com\/wp-content\/uploads\/2017\/10\/amazon-repricer-free-14-day-trial-1200x516.png 1200w, https:\/\/www.repricerexpress.com\/wp-content\/uploads\/2017\/10\/amazon-repricer-free-14-day-trial.png 1280w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>If you\u2019re starting out selling on Amazon or thinking about making the switch to auto-pricing, you might be wondering if repricing software is worth it (hint: it almost always is). But if you\u2019ve heard a few things that make you say, \u2018Nope, not for me\u2019, then RepricerExpress is here to debunk those Amazon repricing myths. [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":11977,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5,7,8,9],"tags":[],"class_list":["post-11976","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-amazon","category-fba","category-news","category-tips"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Amazon Repricing Myths Debunked<\/title>\n<meta name=\"description\" content=\"When it comes to Amazon repricing, we&#039;re the experts. In this post, we discuss in detail the most common Amazon repricing myths. You&#039;ll lose money with...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.repricerexpress.com\/amazon-repricing-myths-debunked\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Amazon Repricing Myths Debunked\" \/>\n<meta property=\"og:description\" content=\"When it comes to Amazon repricing, we&#039;re the experts. In this post, we discuss in detail the most common Amazon repricing myths. 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