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.
[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.
[Historical Days of Supply Conditions]
The low-inventory-level fee is based on historical days of supply, which is the product’s inventory levels relative to actual historical sales.
Amazon will only charge the low-inventory-level fee when the historical days of supply metric are below 28 days.
In addition to main conditions (Inventory Age / Sell-Through Rate / Historical Days of Supply), 20 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.
- Inbound quantity: Total inbound quantity = inbound working + inbound shipped + inbound received.
- Reserved quantity: Inventory in the reserved status might be tied to a customer order in the process of being shipped between fulfillment centers, or set aside at a fulfillment center for additional processing.
- Unfulfillable quantity: Inventory in the unfulfillable status is not in sellable condition.
- Buy box wins: The listing's buy box winning percentage in the last 24 hours.
- Buy box is suppressed: Buy box suppressed by Amazon most likely due to higher price.
- 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.
- New listing is created: Newly created listing.
- Listing is restocked: Recently restocked listing.
- Storage type: Standard-size, Oversize, Aerosol, Apparel, Flammable, Footwear, Extra-large and Other.
- 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.
- Long term storage fee: The total fee charged for FBA inventory stored for 181 days or longer.
- Long term storage units: The total FBA inventory units stored for 181 days or longer.
☛ Note:
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A maximum of 2 sub-conditions can be added to each main condition.
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Repricing only happens when both the main condition and the sub-conditions match the scenario.
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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.
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The applied order of Conditional Repricing begins from the top to the bottom.
Step 2
After setting up the conditions, you can set different repricing strategies.
- Rule: The 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. .
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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.
Step 3
After finishing setting up the conditions and repricing rule settings, go to “Rule Overview”, and click “Save and Finish”.
Step 4
Assign your newly-added conditional rules to the listings you would like to start repricing.
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.
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.
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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