Best Amazon Repricers Used By Successful Sellers
Once you reach certain amount of revenue, it's time to step up your game. Do you know why your competitors seem to always beat you to the buy box?, why they seem to adjust their prices not even a second after you've adjusted yours?, experience has taught them that having a repricing software is critical to success on Amazon or any other third party marketplace.
What is a Repricer?
Repricers are tools typically sold as SAAS (software as a service), that automatically adjust your product pricing up or down depending on predefined criteria, the most advanced repricers like Aura and Informed use smart algorithms to give you an edge. Repricers are typically used in third-party marketplaces like Amazon.
When do you need an Amazon repricer?
Imagine this real-life situation: you have an item for sale and want to make sure your price is competitive, you go and spy on your competitors, if necessary you then go back to your own product and adjust the price up or down accordingly, easy isn't it?
But what if you had hundreds or even thousands of products, how much of your precious time would you have to invest multiple times a day to stay competitive?
The reality is that a repricer is a must-have if you want to scale your business, the sooner you accept this the better, don't cheap out on this, there are many other areas of your business where you can save money.
Get an Amazon repricer like Aura or Appeagle(now informed.io) as soon as your business can support it, I'd say a profit of two thousand a month is a good starting point to get a subscription to a decent repricer that will keep you competitive and save you a ton of time that can be invested in growing your revenues.
What to look for in a repricer?
- Easy to import product cost.
- Able to connect to your Amazon account to extract all your products automatically.
- Pre-configured with various repricing rules that you can pick from but also flexible enough to allow you to build your own repricing strategies once you get more advanced.
- Fast execution, a repricer must work every single time, period. No bugs, no issues, no calling customer service because their software stopped adjusting your prices, if you experience any of this is time to get a professional Amazon repricer.
Want the best amazon repricer?
I've been selling on Amazon for years now and I can tell you that I've had to try many of the repricers in the market to be able to find the one that works best for my business (I mostly do wholesale). See below the detailed review on the ones I've used.
- Appeagle (now informed.co)
- Repricer Express
Why can't I just use the free Amazon repricer?
Profitable sellers know that the Amazon repricing tool has one big flaw: it only reprices down, this means, your price will only go down when there is competition.
The smart solution is to get a repricing tool with artificial intelligence that not only adjusts your prices down to remain competitive but also recognizes when there is no competition or when your competitors run out of stock to adjust your prices up so that you can maximize your profits, this feature by itself is worth many times over the Aura's monthly subscription.
The good repricers make automated repricing not only easy but smart by using artificial intelligence to keep you competitive and win the buy box as often as possible. Some of them claim that you can control the Buy Box 65% of the time against other repricing tools, freaking good if you ask me!.
With an Amazon repricer your listings remain competitive 24/7, moreover, you can choose to adjust your pricing every 30 to 60 seconds and connect directly to the Amazon marketplace to stay on top of every move your competitors make.
Getting an automated repricer for Amazon is a business decision you need to make, things to consider are:
- How much time are you currently spending on repricing your listings?
- How effective is your repricing strategy?
- How aggressive are your competitors with their pricing?
- How competitive is your market?
- Are you doing Private Label, Wholesale or Retail Arbitrage?
Amazon Wholesale, Retail Arbitrage or Private Label?
If you sell on Amazon using the wholesale or retail arbitrage methods then you need an automated repricing tool, obviously, you don't need it if you only have a handful of products but as soon as you feel like you're spending too much time managing your amazon listings pricing, you should get a repricer.
Private label sellers with numerous SKUs or in competitive niches would also benefit from using the best Amazon repricer.
What pricing strategies can I use?
Most come with pre-built pricing strategies so that you can get started quickly, once you're more familiar with the platform you can set up your own custom strategies.
Their pre-built pricing strategies work out of the box so we highly encourage you to use them first, make sure to monitor the impact of repricing strategies on your top and bottom line though.
Depending on your chosen repricer, you are in complete control of your repricing strategies and is fully customizable to allow you to define how to compete against specific vendors, for example:
- You can select to ignore vendors that are back-ordered or out of stock.
- Choose if you want to reprice based on percentages or dollar amounts.
- Exclude competitors that are not FBA (fulfilled by Amazon)
- Adjust price when there is no competition so that you can maximize your profits.
How does the Aura repricing tool help me to get the Amazon buy box?
Although nobody knows for sure what is the exact formula used by Amazon to assign the buy box to specific vendors, it's well known that price is likely the most important factor.
By staying competitive you drastically increase your chances of getting the buy box and therefore making sales. According to studies, more than 80% of customers use the Amazon buy box to make their purchases, so, no buy box equals no sales.
You can stay on top of your repricing strategy without spending countless hours in your Amazon Seller Account, simply get the Go Aura Repricing tool, set it up according to your business needs and let the software make automated pricing changes based on the strategy you selected. With Aura you can manage up to 50,000 SKUs.
Which Amazon marketplaces is Aura compatible with?
At this moment, Aura is available for the following marketplaces:
How to use the Aura Repricer?
Look at this video to see how easy it is to put your pricing in auto-pilot with Aura..
Ready to start your Aura repricer FREE trial?
New customers can use Aura's 14 days free trial to drive test the product without any risk, click here to start repricing the smart way.
This is a great way to test this Amazon tool without risking your money, 14 days is plenty of time to test if the automated repricer is a good fit for your business. If you have a large number of listings, we recommend to only choose a handful of items to test drive Aura, this way to can check the performance of those listing easily.
Pricing of the Aura Repricer
At this moment Aura offers a monthly plan for $97, or you can choose the annual plan and save 20%, you end up paying $77 per month when billed annually. Here you can see their current pricing.
Remember, this is an investment in your business. Not having the right pricing tool probably means losing thousands of dollars to competitors that are ahead of the game when it comes to adjusting prices.
Appeagle (Now Informed.co)
What can Informed do for my business?
- Win more buy boxes = increased sales.
- Instant pricing changes to stay ahead of your competition.
- Advanced sales data to improve top and bottom line.
- Free up your time to focus on growing your profits and finding new products.
- Top-notch customer support.
How does Informed work?
Informed comes with built-in smart pricing strategies that will allow you to start repricing your products in less than 10 minutes, it also has the option to define your own parameter to adapt your repricing strategies to your own business requirements.
It's pretty simple:
- Give Appeagle access to your Amazon seller account to automatically extract all your active listings.
- Select the predefined pricing strategy that you want.
- Start repricing
- Go focus on other tasks 🙂
How much does Informed cost?
As of this writing, your fee will be based on how much you're selling on Amazon per month but they do offer a free trial so take advantage of it to get to know the platform.
Start your Appeagle (now Informed.io) Free trial now.
Like most of the Amazon repricing tools mentioned here, you have to identify which one is best for your business, Bqool is a good option for budget-conscious entrepreneurs.
What I like about Bqool:
- Almost 100% uptime
- It's a mature platform so you won't experience glitches too often
- It gets the job done
- Low price
- 5 min automatic repricing
- Supports more than 10,000 listings
What can you do with Bqool?
Protect your profit by calculating exactly how much money you make on each product. By repricing your items with profit-based approach, you can be certain to squeeze the most margin on those products. Bqool, automatically calculates the Amazon referral fees, your estimated profit, and ROI.
Bqool Customizable Repricing Rules To Dominate Your Competition
Experienced Amazon sellers, know that you can't use the exact same repricing rule for all your products. You have total control and are able to configure Bqool to help you compete against competitors based on fulfillment method, item status, feedback rating, FBM, FBA or non-featured and even item condition. Just set up your repricing rules and let Bqool do the heavy lifting.
With BQool you can:
- Use the preconfigured pricing strategies (just turn them on and you're good to go)
- Choose your target price: Buy Box or lowest price
- Setup unlimited custom pricing strategies
Reprice 24/7 with Bqool or not. You choose when to adjust your pricing
For those cases where you need to adjust prices based on time Bqool has you covered. Simply set up the rule and choose to reprice on the schedule that's most effective for your business. For example, if you're competing against sellers that only work 9 to 5, you can be more aggressive after hours to steal those sales!