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Conditional Repricing of Inventory Age / Sell-Through Rate / Days of Supply

BQool Support
BQool Support
  • Updated

BQool is excited to introduce the Conditional Repricing Rule feature, allowing you to automatically switch between different repricing rules based on the performance of your listings. This dynamic functionality is designed to stimulate profits and enhance your overall user experience on BQool.

Step 1

Hover your mouse over Repricing Rules > Add New Rule > Conditional Repricing > Choose your rule.

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[Inventory Age Conditions]

Shows the age of your in-stock units. 

Inventory age units = available + reserved - pending removal units.

[Sell-Through Rate Conditions]

The number of units sold and delivered over the past 90 days divided by the average number of sellable units in fulfillment centers during that time. 

Please visit Sell Through Rate for more information.

[Days of Supply Conditions]

The estimated number of days that your current inventory supply will last based on the projected demand for your product.

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In addition to main conditions (Inventory Age / Sell-Through Rate Days of Supply), 15 sub-conditions are here for you to easily set your own rule as well. 

  • Units sold: The number of units sold in the last xx days.
  • Units sold %: The percentage change of units sold in the last xx days.
  • Sales: Sales The amount of sales in the last xx days.
  • Sales %: The percentage change of sales in the last xx days.
  • Available quantity: The number of sellable units that you have in stock to fulfill orders. Available units don't include units that are pending removal.
  • Buy box wins: The listing's buy box winning percentage in the last 24 hours.
  • Listing at min price: The listing that remained at min price for the last xx days.
  • Listing at max price: The listing that remained at max price for the last xx days.
  • Listing at lowest price: The listing that remained at lowest price for the last xx days.
  • Listing did not win buy box: The listing that haven't won buy box for the last xx days.
  • Inbound quantity: The number of incoming units. Inbound quantity = working units + shipped units + receiving units.
  • Storage type: Standard-size, Oversize, Aerosol, Apparel, Flammable, Footwear and Extra-large.
  • Estimated excess: Estimated excess are units for which Amazon forecast that it will cost you more to keep in stock and pay storage costs than to reduce by repricing or liquidating.
  • Estimated long term storage fee: Estimated long term storage fee is charged monthly when your inventory has been in a fulfillment center for more than 365 days in addition to the monthly inventory storage fee. Long-term storage fees are assessed using an inventory snapshot on the 15th of each month.
  • Estimated long-term storage units: Estimated long-term storage units is the estimated number of units that will be subject to long-term storage fees on your next charge date, assuming no further sales.

☛ Hint:

  1. A maximum of 2 sub-conditions can be added to each main condition.

  2. Repricing only happens when both the main condition and the sub-conditions match the scenario.

  3. If a scenario only matches either the main condition or the sub-condition, BQool will automatically check the next tier of conditions until it finds both the main and sub-condition are matching with the scenario. 

  4. The applied order of Conditional Repricing begins from the top to the bottom.

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Step 2

After setting up the conditions, you can set different repricing strategies.

  • RuleThe specified rules will be applied for repricing.
  • Rule + Min Price: Set a new Min Price based on Lowest Price / ROI / Est. Profit or Est. Profit Margin, the new Min Price and the specified rules will be applied to adjust your price whenever the condition has been triggered. .
  • Your Price:
    • Do Not Reprice - No repricing
    • Buy Box Price- Set Your New Price based on Buy Box Price +/- value
    • Your Price - Set Your New Price based on Current Your Price +/- value
    • Lowest Price - Set Your New Price based on the Lowest Price +/- value
    • Min Price - Set Your New Price based on Min Price +/- value
    • Max Price - Set Your New Price based on Max Price +/- value
    • Fixed Price – Fixed a specified price for Your Price 

☛ Note: To reset Min Price based on ROI / Est. Profit / Est. Profit Margin, the cost has to be added to the listings.

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Step 3

After finishing setting up the conditions and repricing rule settings, go to “Rule Overview”, and click “Save and Finish”.

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Step 4

Assign your newly-added conditional rules to the listings you would like to start repricing.

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Examples (reference only)

When the inventory age of a listing is longer, it may become less marketable, and there's the possibility of additional long-term storage fees from Amazon. In such cases, you have the option to set Inventory age condition as a repricing rule to liquidate overstock listings.

If the inventory age of a listing is more than 365 days, it's suggested use sales-based AI Sales Maximizer, and to make a slight reduction in the Min Price.

Take the image below for example, if the previous Est. Profit of Min was $10, reducing the Est. Profit to $5 result in an decrease in the Min Price from $50.58 to $44.69. This strategic aims to enhance the opportunities to get the Buy Box as the price can be more flexibly adjusted by AI Sales Maximizer within a wider range.

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If the inventory age of the listing is between 271 and 365 days, it's suggested to use AI Sales Maximizer, and to make a slight reduction in the Min Price. 

Take the image below for example, if the previous Est. Profit of Min was $10, reducing the Est. Profit slightly to $8 result in an decrease in the Min Price from $50.58 to $44.69.

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If the Inventory age of the listing is between 181 and 270 days, it's suggested to maintain the Min Price and apply AI Sales Booster to adjust the price.

☛ Looking for more scenarios, please visit Conditional Repricing 101 for Dummies and Pros + 3 Repricing Strategies / Tutorial Video- Real-life Scenarios of Conditional Repricing for more information. 

 

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