The Price Change Safety Net feature serves to prevent a drastic one-time price drop. There are two separate Safety Net settings for both "Stay in Buy Box" and "Get Buy Box" sections. It's important to configure both settings, and please be aware that the Safety Net will be turned off by default.
The Safety Net will only be triggered only when the target competitor’s price makes your price drop beyond the percentage you set under "When adjusted price is lower than Your Price by X%." In such instances, you will be able to "limit the adjusted price each time to = Your Price - Y%." This allows you to control and restrict the extent of price adjustments triggered by the Safety Net.
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
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 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)
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)
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