Discussion
loafer123 said:
1441 said:
Anyone get caught out?
We don't use any race to the bottom software thankfully.
Neither do we - not least as you don't have to be cheapest to still sell on Amazon.We don't use any race to the bottom software thankfully.
I'd rather have fewer sales with more profit...
You can source a quality product, make a good margin on it and run a LEGITIMATE business paying all taxes etc etc
People who set up business making pennies running businesses under the radar is just pointless.
1441 said:
Anyone get caught out?
We don't use any race to the bottom software thankfully.
You guys are missing a massive point. Repricing doesn't always reduce the price of a product!We don't use any race to the bottom software thankfully.
We have dabbled with a similar system and only let it increase the price over a base we set - this had fantastic results and adjusted the prices upwards based on supply and demand. Used correctly systems like this can keep you competitive, increase margins and can save a lot of back work if you want to check prices of your competition.
Used incorrectly and like you say its a race to the bottom.
minitici said:
russy01 - You are missing the point of the OP's post.
This week there was a problem with a 3rd party Amazon pricing application Repricer Express.
It caused lots of items to be priced at 1p on Amazon.
Add to that that it cost many small businesses doing fulfilment by Amazon a lot of money that it looks like they won't be getting back unless there's a massive lawsuit.This week there was a problem with a 3rd party Amazon pricing application Repricer Express.
It caused lots of items to be priced at 1p on Amazon.
As I understand it it's only an issue for products sold by businesses other than Amazon although I may have read into it incorrectly.
minitici said:
russy01 - You are missing the point of the OP's post.
This week there was a problem with a 3rd party Amazon pricing application Repricer Express.
It caused lots of items to be priced at 1p on Amazon.
Yep, it was an IT problem, not a result of any deliberate repricing strategy. This week there was a problem with a 3rd party Amazon pricing application Repricer Express.
It caused lots of items to be priced at 1p on Amazon.
minitici said:
russy01 - You are missing the point of the OP's post.
This week there was a problem with a 3rd party Amazon pricing application Repricer Express.
It caused lots of items to be priced at 1p on Amazon.
Not missing it at all, I am fully aware of what happened. My comment was in reply to the race to the bottom comment...This week there was a problem with a 3rd party Amazon pricing application Repricer Express.
It caused lots of items to be priced at 1p on Amazon.
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