One of the most important things that makes a distinction between Amazon vendors is the pricing debate. A seller who can have the right pricing on their products is definitely the winner of the game. As a seller, you have to constantly monitor competitors’ prices and monitor their price movements. If the prices of your competitors all increase, try to increase the price in the same proportion because the high price difference between you and your competitors can reduce the market value and this is not good at all. On the other hand, if you don’t pay attention and at festivals like Black Friday and … That all special discounts are put on their prices, your price is higher than competitors, you will lose your sales and that means failure for you.
Now, if the number of your products is high, changing the price of all these products on Amazon together will be time-changing, and it will be hard to get here that repricing tools will come to your aid and solve the problem. In the following article, we are going to introduce best repricing tools. If you are interested in using these tools, follow along with us to get acquainted with the best tools in this field.
What is Amazon Repricer Tool?
Amazon repricing tools are software in which you set rules and specify the list of competitors for the software. The software then automatically changes the price of your products based on your defined rules and competitors’ prices.
Of course, repricing tools is not as simple as that, but these softwares take into account different conditions so that you do not suffer losses. For example, the minimum price in these softwares can be determined so that if even competitors have a lower price than this amount, your price will not penetrate below the minimum value. The second one you can determine is profit margin. In this way, first, you enter the cost of your products in the software and determine the minimum profit margin you want to earn from each product after registering these software values always considers your profit margin and never lowers the price to the extent that your profit margin is maintained.
In short, the use of this software is done by many Amazon vendors because it helps a lot to save time and increase sales. So if you’re seriously entering Amazon’s sales, don’t forget to use repricing tools.
Is an Amazon Repricer Worth It?
Above we talked completely about how repricing work tools and what are they. Now after reading these topics we get to the important question, is using Amazon repricing tools really worth it?
The short answer to that question is yes. Time is more important in Amazon’s sales world than money because if you have enough time for keyword research, product sourcing and … Let’s definitely get to the money, but if you lose time, it won’t be compensated with money this time.
The main help that this software gives you is also saving time. Because changing the price of all products on a daily or weekly basis will take a long time from you. The second function that this software has is to prevent the market value from falling and your price rises compared to competitors, which also increases your sales. So this software helps both to increase sales and save time, that can be said that the use of these software is absolutely valuable and do not hesitate to use it. Just note that the software of all companies is not functioning well, so be sure to get the right service from the company so that you don’t get into trouble. Below we will introduce you a list of the best Amazon repricing tools.
Best Tools for Amazon Repricing
There are many companies in the field of repricing Amazon tools, but be careful, not all of these companies perform well. Because these softwares are dealing with the price if the software is not careful enough and the price is too low or too high you will suffer serious damages, so due to the sensitive performance of these softwares, it is better to use approved and popular software. Below, we introduce a list of the best software available.
1) GoAura
If you’re an Amazon dealer, you’ve probably heard of GoAura for once. It is one of amazon’s oldest and most famous repricing companies.
The company’s software works with machine learning and is one of the most successful repricing tool companies in getting you to buy the box.
In addition to Amazon.com, you can also use this software on Amazon.ca and Amazon.com.mx.
The good news is that you can use the company’s 14-day free trial without the need for credit card. The cost of subscribing to this website is $97 monthly, and if the number of your products is higher than 5,000, you should prepare a custom package with Aura’s support team.
2) BQool
Another company raised is repricing tools, BQool Software. Previously, in the BQool reviews article, we talked in full about the company’s prices and put discount codes to use. The company’s first difference over GoAura is that it is usable in more countries. Some of the countries that support this software include:
- US
- Canada
- United Kingdom
- Mexico
- Germany
- France
- Italy
- Spain
- Japan
Like Aura, BQool has 14 days free trial without the need for credit card that you can use for testing, and eventually the company’s prices start at $25 and its price packages are more varied than Aura.
If we want to draw a comparison between Aura and BQool, if you’re a novice seller, or you have fewer products on Amazon, BQool can be a better choice for you, but if you’re more professional and experienced, it’s best to get a service from GoAura.
3) Seller Snap
It can be said that Seller Snap is the most complete software in terms of marketplace support and supports 18 countries. In the image below, can see the countries supported by this software.
The free trial period of this company is 15 days, which is like other companies without the need for credit card. The company’s starting price is from $250 monthly, which is more expensive than other tools. If you want to learn more about the company’s prices, discount codes and other information, see the Seller Snap reviews article.
4) Informed
One of the lesser-known repricing tool companies is Informed. The company’s main distinction with other companies is in the company’s support for Walmart marketplace. In addition to Walmart, it supports 14 other marketplace. The company’s prices start at $49 per month, and unlike other companies, Informed plans are determined based on the amount of sales, so that the higher your sales and return on investment, the more you will have to pay for the subscription. This type of pricing is more cost-effective for small vendors who can use this website at a small cost.
Final Thought
Correct pricing can help you win buy box, and the same can multiply your sales in the short term. The use of repricing software is suitable for both private label and online & retail arbitrage products. In this article we tried to introduce the best repricing tools companies, we hope this article will help you in choosing the correct repricing tools. Also, if you also know another repricing tool that works well, introduce it to us in comments or send us its specifications via email [email protected] to add them in this article.