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 Buy Box Settings and regular Repricing 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%."
To illustrate how this works, let's assume:
- The adjusted price is above the Min Price
- 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
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
Price Drop = - $3.01 (under 50%)
Your new price = $6.99 (competitor price - $0.01)
- Example 3: Safety Net activates due to low offer price
Your Price = $10.00
The target competitor’s price = $1.00 + $6.00 shipping (Total $7.00)
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)