Reprice Schemas

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“With access to Amazon’s templates, I can import product information as easily as I can scan a barcode.”

-Amazon.de Seller

“Automatic pricing gives me serious control. I can set rules to make sure I’m not underbid by another seller, but I can also set minimums to make sure I always turn a profit.”

-Amazon.com Seller

“When I first started selling on Amazon, I wasn’t sure what I was doing. SellerEngine gave me a way to look at my competition and learn from what they’re doing. Now they keep an eye on me!”

-Amazon.uk Seller

“SellerEngine streamlines bookselling on Amazon. I can manage my stock, price items based on the market, and fulfill orders through a single program.”

-Amazon.de Seller

“I sell many kinds of books, from paperbacks to collectible editions. I like how much flexibility SellerEngine’s automatic re-pricing gives me, since I can set completely different rules for different types of products.”

-Amazon.uk Seller

“SellerEngine made an immediate impact on my ability to sell. My profits went up 50 percent in the first month.”

-Amazon.com Seller

“SellerEngine simplifies the sales and fulfillment process. I wasn’t sure I could keep on top of managing my inventory at first, but SellerEngine has made starting a new business venture surprisingly easy.”

-Amazon.uk Seller

“Now that I can use automatic pricing, I’m saving lots of time I used to spend watching other sellers. Even better, I’ve closed twice as many sales this week.”

-Amazon.uk Seller

How to Create a Reprice Schema

Reprice schemas allow you to price your items automatically. When you run a price check in SellerEngine Plus, the software connects to Amazon and retrieves information about other listings and sellers of your item. Based on the reprice schema you have created and applied to the item, SellerEngine Plus assigns a price for your item.

Using the Reprice Rules Wizard:

  1. From the Inventory menu, choose 'Automatic Reprice Options'. The 'Reprice Rules Wizard' appears.

  1. Click 'Next'. Your list of schemas appears. Either highlight an existing reprice schema in the list, or select the radio button for 'Create a new rules file' and click 'Next'.                                   

     

  1. The Filters screen appears.                                                                           

  1. Filters allow you to determine which other sellers' information your listings will be compared with for pricing purposes. To add a filter click 'Add', choose one of the filters from the list, and click 'OK'.                                        

Available Filter Description
Exclude your items from the list Does not include your active listings on Amazon for the item in your inventory list when determining the new price for the item.
Only keep items that are in a specified condition Shows a drop-down menu with the conditions from which you can choose. You can configure the order in which the conditions are ranked in your preferences.
Keep the first lowest x priced items Shows a drop-down menu from which you can choose a number of sellers. Of all the listings on Amazon for your item, SellerEngine Plus will only compare your price to the number of listings you choose, starting with the lowest available price.
Keep the highest x priced items Shows a drop-down menu from which you can choose a number of sellers. Of all the listings on Amazon for your item, SellerEngine Plus will only compare your price to the number of listings you choose, starting with the highest available price.
Exclude items based on their price Does not compare your item's price against listings which fit the criteria you enter.
Base price values:
  • My Item Price - the price listed in SellerEngine Plus for the item.
  • My Item Paid Price - the price you paid for the item. (Specify it when adding or editing an item.)
  • My Item Minimum Price - your minimum price for the item. (Specify it when adding or editing an item.)
  • Flat Amount - A price you specify in this dialog.

Fill in values in the sentence below using the drop-down menus. The effect of your choices will be based on the value of your base price.
Check the box for 'Only apply filter to the first x sellers that match the condition' if you want to limit the number of sellers excluded based on this rule. For example, you may want to exclude items with a price equal to the flat amount $.01, but not exclude more than 10 sellers based on this rule.
Keep items only if their sellers have a specified Amazon rating Shows a drop-down menu from which you can choose the minimum Amazon rating of the sellers you wish to compete with.
Exclude an item if it's sold by a specific seller Excludes the sellers in the list you create. To add a specific seller against whom you do not wish to compete, enter the Amazon Seller Nickname in the text entry box for 'Add new seller', then click 'Add'. The seller appears in the list on the left. To remove a seller from the list of excluded sellers, click on it and then click 'Remove selected seller'.
Only keep items in same category Only compares the prices of listings in the same categories as the item in your inventory list.
Keep items only if their sellers have a specific feedback number Only compares your item's price to items whose sellers have a feedback number greater than the number you enter in the text entry box.
Only keep specific sellers Only compares your items to listings by the sellers you have specified. To add a specific seller against whom you wish to compete, enter the Amazon Seller Nickname in the text entry box for 'Add new seller', then click 'Add'. The seller appears in the list on the left. Add as many sellers as you like. To remove a seller from the list of sellers, click on it and then click 'Remove selected seller'.
Exclude Sellers from specific location Choose a location from the drop-down menu that appears. Seller information will not be retrieved from that location. See known issues
Exclude items in specific category Excludes other sellers' items which are in the conditions listed in the list you create. To add a condition against which you do not wish to compete, enter the category using the drop-down menu next to the word 'Category'. The condition appears in the list on the left. Remove a condition from the list by clicking on it then clicking 'Remove selected category'. See known issues
  1. The filters you add will appear in the list in the filters screen. Edit a filter by selecting it and clicking the 'Edit' button.
  2. To delete a filter you have added, select it and click the 'Delete' button.
  3. When you have added all the filters you want to use, review the order of the filters. The filters will be applied to the retrieved sellers from the top of the list to the bottom. To change the order of the filters, select the filter you want to move, and use the green 'Move Up' or 'Move Down' button.
  4. Click 'Next'. The Conditions list appears. Set the upper and/or lower limits for the prices which will be applied to your items.

  1. Click 'Add'.
  2. Three sections appear:                                                                                    

  • Limit type
Limit type Description
Lower Limit Sets a minimum for the price SellerEngine Plus will assign to your item. If the price determined by your repricing rules falls below this number, SellerEngine Plus will use the Lower Limit you set instead. If no other sellers are offering your item and the price you have already assigned to the item is below the lower limit, then the price will be raised to the lower limit. If your price is above the lower limit and there are no other sellers for your item, the price will remain the same.
Upper Limit Sets a maximum for the price SellerEngine Plus will assign to your item. If the price determined by your repricing rules is higher than this number, SellerEngine Plus will use the Upper Limit you set instead. If no other sellers are offering your item and the price you have already assigned to the item is above the lower limit, then the price will be lowered to the upper limit. If your price is below the upper limit and there are no other sellers for your item, the price will remain the same.

 

  • Price to base limit on:
Price Description
My Price The price you have listed in SellerEngine Plus.
Minimum Item Price The minimum price for the item, as set in the edit dialog
List Price The list price for the item, provided by Amazon.
Lowest New Price The lowest price offered by a seller for this item in new condition.
Lowest Used Price The lowest price offered by a seller for this item in used condition.
Lowest Collectible Price The lowest price offered by a seller for this item in collectible condition.
Amazon Price The Amazon price for this item.
Flat Amount A dollar amount you specify.

 

  • Limit will be lower, higher, or equal to the 'Price to base limit on' value you have chosen, and by how much (flat amount or percentage).
  1. Click 'Next'. The limit you created is added to the list. Add, edit, or delete the limits you create in the same way as your filters. When you are ready to move to the next screen, click 'Next'. The Reprice Action screen appears. 

  1. On the Reprice Action screen, create the rules which will tell SellerEngine Plus how to use the data it has retrieved and filtered to create a price for your item. This screen has four sections:
    • Referenced Price:
    • Price Description
      Average price for all remaining sellers The average of the prices offered for this item by the sellers against whom you have chosen to compete.
      Lowest price The lowest price retrieved for this item, offered by the sellers against whom you have chosen to compete.
      2nd Lowest Price The second lowest price retrieved for this item, offered by the sellers against whom you have chosen to compete.
      3rd Lowest Price The third lowest price retrieved for this item, offered by the sellers against whom you have chosen to compete.
      Amazon Price The price at which Amazon offers the item for sale.
    • Set my new price to:
      Choose how much lower, higher or equal to the referenced price to price your item(s). Set whether you want to raise or lower the price by a percentage or by a flat amount of currency, which you specify.
    • Add shipping cost to final price, regardless of any previous rules:
      If this checkbox is selected, the amount you have specified in the edit dialog as the shipping cost for this item will be added to the price SellerEngine Plus calculates for your item.
    • Schema Name:
      The name of this set of rules. This should be descriptive, and should not include any special characters. The Schema Name is used as a part of the file name for the reprice schema, so that it may be stored in your file system.
  1. Click 'Next' to set the default actions when exceptions occur.                                        

Sometimes there is no competitive information available for the item you are selling. In these cases the default action is:

If your old price is: SellerEngine Plus will:
Between your lower and upper limits Leave your price as is.
Below your lower limit Set your price to your lower limit.
Above your upper limit Set your price to your upper limit.

 

  1. If you want SellerEngine Plus to take a different action or use a different guideline for pricing when there is no competitive information for the item, set your new rules for 'If I am the only seller for this item' and 'If I am the only seller in this category':
  2. Click the checkbox for 'Take the following decision'.
  3. Click the 'Edit decision' button. The Exception Action's Settings dialog appears.
  4. Choose the new base price and method of calculating the price for the item(s).
  5. Click OK. See known issue.
  6. Click 'Finish'.
  7. SellerEngine Plus asks you if you want to assign this schema to items that do not have one already. Make your selection of 'Yes' or 'No'.
    Note: You may assign the schema to items through the edit dialog later.
  8. You are now ready to run a price check.