For Amazon sellers, the Buy Box is very important , and some sellers will even sacrifice profits to get the Buy Box .
Amazon has always strictly monitored product prices. It conducts multi-level price comparisons to protect the interests of buyers on the platform. This mechanism has caused many sellers to lose their shopping carts without knowing it.
Now, good news for these sellers has come. EcomShft has developed an automatic price adjustment tool for Amazon sellers to help sellers manage listings to optimize sales .
The tool is currently in beta and offers several features to early access sellers , which are described as follows:
Healthy Profile Dashboard - Consolidate previously disorganized data into an easy-to-view and understand dashboard , allowing sellers to quickly view products , winning and losing shopping carts at a glance. You can also view information such as the seller's overall inventory level and number of open orders , seller ratings, and the number of competing products .
Price Adjuster - Sellers can quickly view a list of active listings and the shopping cart occupancy of the listings . Sellers can then reprice, greatly increasing the listing's chances of winning the shopping cart . Automatic pricing allows sellers to easily adjust prices and mark products as MAP (minimum advertised price) when needed .
Repricing Automation - The tool will adjust prices up or down based on market conditions within the limits set by the seller to grab the buy box . When sellers add new products on Amazon, the tool will automatically import these new listings as well , so that sellers can set up automatic repricing for one or all of their products as needed .
EcomShft said: “ The tool is built on the latest available infrastructure of Amazon Marketplace Web Service (Amazon MWS)/Amazon API . We aim to build smart and easy-to-use tools for sellers to fill the gap in the market for tools available to small and medium-sized sellers. ”
According to the editor, EcomShft plans to officially launch the tool in September . Currently, the tool is free, but when the tool is officially launched, the merchant charging standard has yet to be determined. It is said that its price after the free trial period will be less than $50/month. Amazon Platform tool |
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