What’s your Amazon pricing strategy to win the buy box among so many competitors? Offer a competitive price? That’s good! But how do you make sure your price remains competitive and somebody else doesn’t take it over? By checking the offers page on Amazon? But how often can you do that? Can you check them as fast as an AI-powered Amazon Repricer software?
That’s the main problem because Amazon sellers are normal human beings with so many tasks during the day, unable to check the offers page and offer a competitive price constantly. If so, they could even race to the bottom without considering all competitor prices, profit margins, and inventory levels all the time.
Eva, the fastest Amazon Repricer powered by Artificial Intelligence, comes to our aid here! Her never-tiring machine learning algorithm considers all the factors and makes the most profitable pricing decision every 119 seconds.
Stay tuned to this blog to find out how artificial intelligence technology embedded in Eva can skyrocket the profits and sales of your Amazon business!
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What is an Amazon Repricer Software?
An Amazon Repricer is a tool used by Amazon sellers to automatically adjust the prices of their products to stay competitive and maintain a certain level of visibility on Amazon’s marketplace. Several different repricing tools are available, and each has its own set of features. When choosing a repricer, it’s important to consider your needs and that software’s features.
As an Amazon seller, you know that speed is of the essence. The faster you can reprice your items, the more likely you are to make a sale. But how fast should your Amazon Repricer be? Is there a magic number? Actually, there is.
Amazon doesn’t allow real-time repricing and receives new notifications almost every 2 minutes. So the fastest speed your Amazon Repricing Software can have is 2 minutes.
See Also: Top 8 Pricing Strategies for Amazon on Holiday Shopping Seasons
The Faster Your Amazon Repricer Software is, the more Profit You Make!
As you likely know the basics by now, repricer is software that is programmed to monitor, update, and adjust prices. An Amazon Repricer can be tailored for specific eCommerce platforms such as Amazon.
It monitors the prices as they change on the marketplace and adjusts the price to appeal to Amazon business customers. It may not be visible to them, but millions of transactions take place daily on Amazon. Having Amazon repricer software that handles its transactions fast is an advantage, and the trump card to beat all trump cards.
“Why is the speed of an Amazon repricer so crucial for overcoming competition?” you may ask. The simple answer is, that the closer you are to real-time repricing, the more your sales and profits through the Buy Box increase.
Keeping the sellers’ best interest in mind, we have created Eva, the fastest Amazon repricer software. It has a repricing speed of up to 119 seconds, meaning that the system dynamically updates itself and adjusts its prices accordingly within this period. Compared to any other repricer that may charge extra for faster refresh rates, Eva’s powerful performance is accessible to every user.
However, Amazon only allows the prices to be refreshed at a certain minimum refresh rate. For this reason, we have developed cutting-edge technology that blows other repricers out of the water.
Eva, the AI-Superpowered Amazon Repricer Software
The secret to Eva’s remarkable performance speed is the utilization of Artificial Intelligence. Most other repricers rely on rules to work and only work based on what they are programmed to do. But Eva goes many steps further as it uses the technology of the future.
Her AI technology enables it to assess millions of data points from every single angle. This technology allows the repricer to combine computing power with the intelligence of a human brain. Whether you are an FBM, SFP, or Amazon FBA seller, it would be wise to consider AI-powered algorithmic repricing because that generates the best repricing strategy for sales based on the factors that matter.
With the smart technology of AI-based Amazon repricer tools, the seller doesn’t have to keep undercutting his price to get the lowest points. Simply analyzing the competitor’s algorithm, helps you maximize profits and price optimally without overcutting your rates.
Because our Amazon repricer software uses AI, after just 24 hours of learning time, you will see profit increase instantly up to 65%. With other tools, you’re limited to manually repricing; profits might increase up to and only after one week. Faster reaction time also dramatically increases your chances of having your products displayed in the buy box. In other words, success is inevitable when artificial intelligence meets the fastest repricer to win the buy box.
The Amazon Buy Box
In case you don’t know this, the Amazon Buy Box is the box on the right side of the page where customers can add items they want to buy to their cart. However, the buy box is not available to every Amazon business. It’s only those whom the customer-centric algorithm chooses that will have their products displayed. So we’ll be looking into how to win the Amazon buy box.
If you’re a seller on Amazon and you know about the buy box, you’ve probably asked yourself: “Why am I not winning the buy box?“.
If you’re new to this online market scene, you may even ask: “How do you win the buy box as a new seller?“.
See Also: Top 8 Pricing Strategies for Amazon on Holiday Shopping Season
Win the Amazon Buy Box and Make a Profit!
First, Amazon approves that your seller standards and pricing match their eligibility criteria. The criteria include a professional seller’s account, your items must be new, and your stock must be up to date.
If you are not sure of your status, check it on Seller Central. Then the Amazon algorithm matches your seller’s rating, competitive pricing, and other factors that it deems as important.
Any element that comes up short can be supplemented with the other. For example, if your seller rating is excellent, your price should be higher than that of the person with low seller rating. In this case, it might be better to go with low product prices.
Secondly, there is no point in having an Amazon repricer that doesn’t get you spots on the Buy Box. While it’s true that you can get by without a spot on the buy box, consider the fact that almost 90% of sales on Amazon are made through the Buy Box. Showing that, it gets close to $100 billion a year! You want to be a part of that sales figure.
With Eva’s Superfast Algorithmic Repricing, Buy Box is Yours!
So why exactly are you still waiting? If you want to try our intelligent Amazon repricer software before purchasing, how about doing our 15-day Free Trial.
You’ll have a first-hand experience of the amazing benefits of Eva. There is no argument here that Eva is the fastest Amazon repricer to win the Buy Box, whether in 2021 or next week. Make an informed and wise choice now.
If you’re an Amazon business, you know that automated repricing is key to winning the buy box and maximizing your profits. That’s why we developed Eva—an AI-powered Amazon repricer software that can help take your business to the next level. With Eva, you can set dynamic prices based on competitor analysis, price trends, and more.
Our 15-day free trial means you can try Eva without any commitment. So what are you waiting for? Sign up today and see Eva’s significant impact on increasing sales!