With this setup, ChannelMAX can reprice your SKU with the buy box price of another related ASIN. Below are the details of this setup.
A) First, we have to establish a connection between your ASIN and related ASINs by saving the related ASINs in the ChannelMAX inventory.
Here is how to save related ASINs in the selling.channelmax.net 'Repricing' screen.
1) Search by the SKU/ASIN you are selling,
2) Mouse hover Min or Max column
3) Now click on the edit/pencil symbol
4) In the new Q500 panel, click the 'Related-ASIN' tab
5) Populate the Related ASINs field with the desired ASIN to be repriced against, along with the adjustment amount/% and multiplier(if needed).
6) Click on 'Save'.
You may see the following screenshot from the repricer screen to understand the panel better.
Note 1: If you have more than one ASIN, use a comma or semicolon as a separator.
Note 2: The 'Adjustment' amount could be in amount($) or in Percentage(%).
Note 3: The 'Multiplier' field could be used when you are selling the items in multiples, such as a pack of 2, a pack of 4 or a pack of 6, and so on.
This would establish a connection in ChannelMAX between your ASIN and related ASINs.
If you have a large number of SKUs, you may even upload a file to ChannelMAX with the following columns in tab-delimited text format using 'Inventory>File Uploader'.
SKU
SellingVenue
Related ASINs (Note: If you have more than one ASIN to be related, you may enter each ASIN separated by a comma or semicolon)
B) Now, first, the repricer would reprice you based on the competitor's price from the offer listing page of your ASIN.
C) As a next step, we will take the BuyBox price from the related ASIN's offer listing page.
D) Now, we have two new prices calculated. One is calculated against the competitor's price from your offer listing page, and the other is calculated based on Related ASINs' BuyBox price. If you add more than one related ASIN, then the repricer will consider the lower of the buybox prices between these related ASINs.
E) Please note that the Repricer would feed the minimum value from these two calculated new prices against your SKU and related ASINs.
Comments
0 comments
Please sign in to leave a comment.