Repricing Tool

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philadelphia, pa United States
willr
Kudos: 23
Joined: Sep 5, 2014
Repricing Tool
10 Sep 2014
Hello.....New to the forum. Has anyone had success and/or failures with a multichannel(Amazon and eBay) repricing tools?
Supplier
Dublin, London, Frankfurt, NYC Ireland
XSellco
Kudos: 62
Joined: Nov 3, 2013
Re: Repricing Tool
10 Sep 2014

willr wrote:

Hello.....New to the forum. Has anyone had success and/or failures with a multichannel(Amazon and eBay) repricing tools?
Hi Willr,

Welcome to the forums.

Regarding repricers, a lot of the time it comes down to personal preference (ie. interface, ease of use etc). The best solution is to try a few and see which you like best.

You would definitely see a sales/profit improvement using automated software, although it is also worth noting that the initial setup of your repricer can have a big impact on its performance.

We do offer a free trial on our repricing software if you would like to give it a try.

Thanks,
Trevor
XSellco

[Last edited: 10 Sep 2014]
With XSellco you can cut your contact response time in half & manage your pricing so that you win the Buy Box more often.
Herts, England United Kingdom
Andy
Kudos: 11,661
Joined: Jan 1, 2001
Re: Repricing Tool
10 Sep 2014
Hi willr, thanks for posting

Also check out a similar thread recently: www.webretailer.com/forum/3810-repricer-solution.asp

I also wrote a guide to repricing that you might find useful: www.webretailer.com/lean-comme...lace-repricing-ultimate-guide/

And finally, take a look in the directory for repricing tool reviews, demo videos etc: www.webretailer.com/categories...ting.asp?category=163#profiles

HTH!
Andy Geldman, Web Retailer
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Supplier
Marina Del Rey, CA United States
Solid Commerce
Kudos: 250
Joined: Jan 22, 2011
Re: Repricing Tool
30 Sep 2014
I mentioned this in that other thread, as well -- while Solid Commerce isn't a standalone repricing tool, our repricer is one of our most-beloved features. We're a multi-channel selling tool that includes functionality to help you manage every aspect of the online selling process: order management, listing management, inventory management and synchronization, a shipping tool, and more. Anyone is welcome to shoot me a PM if they'd like some more info!
Supplier
Derry United Kingdom
repricerexpress
Kudos: 185
Joined: Jul 24, 2013
Re: Repricing Tool
21 Oct 2014
Hi Wilr

We have lots of success stories with customers growing sales and profits through optimised pricing. You can run RepricerExpress in Safe Mode without affecting live listings in any way.

We also offer a free 15 day trial.
Win the Buy Box more often with RepricerExpress Amazon Repricing Software.
Supplier
San Francisco, CA United States
Wiser
Kudos: 35
Joined: Jan 27, 2014
Re: Repricing Tool
21 Oct 2014
Hi willr,

Our clients have experienced success after using our flagship product, WisePricer. It's a multichannel (Amazon, eBay, and Webstore) repricing tool that keeps your prices competitive without hurting your profits. We also have other solutions to help you optimize for profit.

Retailers who use Wiser have seen, on average, a 22% increase in revenue, a 7% increase in bottom line profit, and an 18% increase in check-out conversion rates.

If you're interested, you can schedule a demo with a pricing strategist, or sign up for a free 14-day trial!

[Last edited: 21 Oct 2014]
Supplier
Ukraine Ukraine
Irina Competera
Kudos: 25
Joined: Oct 22, 2014
Re: Repricing Tool
22 Oct 2014
Hello willr,

Yes, these tools are quite popular today, just because they do work. Our company offers another price intelligence tool - Competera and we can track any source destinations like competitors' websites, Amazon or other websites.

Of course your success with these tools is dependant on how effectively you use it and whether your strategy based on data and analysis provided is right. Some of our clients needed some time before they understood which repricing strategy based on Competera analysis they want to use. Once you have built the right strategy your sales can increase significantly. For example, one of our clients Comfy has raised sales by 60%.
United States United States
robertw477
Kudos: 60
Joined: Dec 31, 2014
Re: Repricing Tool
1 Jan 2015
Do some research with other actual users of these repricing products. In some cases they can be helpful however our company 25+ years in business was nearly wiped out two weeks ago using one of these tools. All of our prices on tens of thousands of skis were changed to a penny. These skus were not even supposed to be managed by the software. We lost a huge amount of sales and profits in peak Christmas season. It is crushing to us to see customers literally cleaning us out and telling us they thought it was a great sale. Imagine having your 50.00 retail items being shipped FBA for a penny.

Be careful out there. Amazon will be cracking down on all these companies in 2015 from what I understand.

Rob
Herts, England United Kingdom
Andy
Kudos: 11,661
Joined: Jan 1, 2001
Re: Repricing Tool
2 Jan 2015

robertw477 wrote:

Amazon will be cracking down on all these companies in 2015 from what I understand.
Thanks for the post Rob. Did you hear something specific about a crackdown?

The change I've heard about (from here) is this:

Amazon wrote:

To reduce price error risks to sellers and to avoid potentially negative customer experiences, as of January 14, 2015, you will not be able to use your Seller Central preferences to select a blanket “opt-out” from all potential low and high-pricing error rules.

Instead, you will need to set a minimum and maximum allowed selling price for each product in your inventory. If you do not chose pricing limits for each product, Amazon’s default potential pricing error rules will apply to your products. For any listing without a minimum and maximum allowed price set by you, we will deactivate the listing when a potential pricing error is detected based on default rules. We will then notify you by email and in Seller Central.
So more about improving the safety net than cracking down. I guess they could revoke API access to developers with buggy apps, but I'd be surprised if they went further. Automated pricing is great for competition and buyers on the whole.

The recent Repricer Express error got a lot of coverage, and there was a general lack of understanding that it wasn't Amazon's fault. But they get a lot more bad publicity over taxes, working conditions, aggressive pricing, bullying suppliers etc etc!
Andy Geldman, Web Retailer
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