How can we help you?

Price Change Safety Net

BQool Support
BQool Support
  • Updated

Price Change Safety Net

The Price Change Safety Net will to prevent the one-time price drop from being too drastic. There are two separate Safety Net settings for Stay in Buy Box Settings and Get Buy Box Settings. Please remember to set up both. It will be turned off by default. 

The Safety Net will only be triggered when the target competitor’s price causes your price to drop beyond the percentage you set under "When adjusted price is lower than Your Price by X%." You will be able to "limit the adjusted price each time to = Your Price - Y%." 

 

mceclip0.png

To illustrate how this works, let's assume:

  1. The adjusted price is above the Min Price
  2. You entered 50% for X value and 10% for Y value 

Here are 3 scenarios using the above values: 

  • Example 1: When the Safety Net will activate

Your price = $10.00

The target competitor’s price = $4

Your New Price should be $3.99 (competitor price - $0.01)

Price Drop = - $6.01 (over 50%)

Your new price = $9.00 ($10.00 - 10%) NOT $3.99

  • Example 2:When the Safety Net will NOT activate

Your price = $10.00

The target competitor’s price = $7.00

Your New Price should be $6.99 (competitor price - $0.01)

Price Drop = - $3.01 (under 50%)

Your new price = $6.99 

  • Example 3Safety Net activates due to low offer price

Your Price = $10.00

The target competitor’s price = $1.00 + $6.00 shipping (Total $7.00)

Your New Price should be $6.99 (competitor price - $0.01)

Price Drop  = -$9.01 ((1.00 - 0.01) - 10 over 50%)

Your new price = $9.00 ($10.00 - 10%) NOT $6.99 (0.99+6.00 shipping)

Was this article helpful?

1 out of 2 found this helpful

Comments

0 comments

Please sign in to leave a comment.