This help file will guide you through how you can create a full cost-based strategy in Repricer.com
Before you start
- You need to have a Repricer.com account. To find out how to create one, click here.
- You’ll need to be on the Repricer Ultimate or Extreme plan to access this feature. To find out more information, click here.
01 How to create a Net Margin?To use Net Margin Repricing you'll need to create and new Repricing rule or edit an existing one.
To create a new one go to Repricing Rules, and then click + Create a Repricer Rule. Select Amazon Repricing Rule. Net Margin Repricing is only available on Amazon products at the moment, but it will be coming soon on eBay.
In the Repricer Basic Rule, select Net Margin repricing and input your desired Min and Max net margin.
Note: you need to add both a Minimum and Maximum profit for the product to be configured to reprice.
02 Setting up your cost-based Repricing strategy
To ensure that you’re always profitable, you’ll need to input accurate and up-to-date costs. You can do so in two different ways:
Inputting your costs via CSV: simply click on Import on the menu on the bottom left-hand side of your Dashboard. From here, download the template, fill it in, and then upload it again.
Inputting your costs manually: simply click on the product in question, scroll down to the Product Profitability section and click Edit. You can then enter your costs and hit Save Changes.
Definition of costs
Unit cost: How much it costs you to purchase the item.
Shipping cost: How much it costs you to get the item shipped to your customers.
Pickpack cost: How much it costs to take this item off your warehouse shelf and package it up for your customer (This includes the price of the packaging, and also the wages of the person who had to do this work).
Estimated FBA (fulfilled by Amazon) fees: This fee only applies to FBA sellers.
Listing Fee %: The per item selling fee that Amazon charges you for listing your product.
VAT rate: The rate of VAT to apply. Called "Sales Tax" in the USA.
Variable closing fee: This fee only applies to sellers of media items. We will get this data from Amazon directly.
To find out more about cost-based Repricing with Repricer.com, click here.
Interested in learning more about Multichannel Pricing? Click here.