we are a bookseller based in Germany selling on Amazon Europe and US. We use a repricing tool (logicsale at the moment). So far lots of our minimum prices are determined by rules of thumb. Any recommendations for a calculation tool which is able to handle thousands of articles? Thank you in advance.
(Total Fixed Costs + Min Profit)/(1-(Total Variable Costs))
Fixed costs for that item may include: Cost price of item Shipping for that item Packaging for that item Amazon closing fee There could also be other fixed costs like a supplier's delivery cost to you, or software that charges per item for example
Variable costs may include: Amazon referral fee Software (for example one that charges a percentage of turnover)
This is why I use a database as it can look up all of the different values required and calculate my various floor/ceiling prices for different marketplaces