While BQool’s Repricing Central offers an enormous amount of flexibility for users to decide how to compete depending on various market conditions, we now offer various preconfigured default rule types that are tried and tested:
To get started, click on the “Repricing Rules” menu, followed by “Add New Rule.”
Alternatively, you can edit an existing rule by choosing Edit Rule.
At the current screen, “Rule Type,” you will notice a new layout and workflow. Start by choosing the appropriate repricing strategy.
By selecting a strategy, a default rule name and description will appear below. You may use the default name, or you may input a custom name and description. When you are satisfied with your selection, click the “next” button to move onto the next screen where you will be able to confirm the preconfigured details or fine-tune the strategy.
The Targeted Competitors
At the “Competitors” screen, these settings define who your competitors are in your strategy. They are generally unchanged from previous versions except for one new feature to compete against Seller Fulfilled Prime (SFP).
This is mentioned in more detail in the next section. Please note that the “Compete with” dropbox selection will affect the subsequent workflow depending on whether you choose to compete against the “Lowest Price” or the “Buy Box Price.”
In the "Choose Competitor(s) section, choose who to reprice against. Check the competitors you want to include in repricing.
For more information regarding Custom Setting, please visit Repricing Rule: Custom Settings.
When you are satisfied, click on “Next”.
Get Buy Box
At the “Get Buy Box” screen, the settings here define your strategy when you are not in the Buy Box. The available options displayed will be dependent on whether you choose to compete against the “Lowest Price” or the “Buy Box Price” (See below) as selected from the previous screen. Click “Next” when you are satisfied with your selection.
“Compete with: Buy Box Price” Option
“Compete with: Lowest Price” Option
To learn more details of the rule settings in "Get Buy Box" section, please visit the "Get Buy Box settings" support page.
Stay in Buy Box
The “Stay in Buy Box” screen is designed to maximize your time in the Buy Box with different repricing tactics and approaches, which are available in the Buy Box settings.
The strategies in Buy Box settings will determine how your price will react when you are in the Buy Box. You will be able to select the competitor's fulfillment type. We recommend excluding Non-Featured Merchants and focusing on the feature merchants.
For detailed information regarding the tactics of the Buy Box settings, please visit the "Specify Buy Box Settings" support page.
At the Schedule screen, you may adjust your pricing schedule. For a more detailed functionality walkthrough, please visit the Repricing Schedule.
On the last screen, you may review your rule or go back and edit the options if necessary. When you are satisfied with the selection, click “Save and Finish” to complete the rule definition.