What is Strategy Automation?
Strategy Automation enables you to assign listings to a chosen strategy based on specific filters, such as stock levels, Buy Box status, competition's price, and many more. Once set, the system automatically applies the selected strategies to your listings as these conditions are met. This feature helps automate the repricing process, reducing the need for manual adjustments and enabling users to maintain the best pricing strategy for each SKU.
Common Use Cases
Here are a few examples of how you can use Strategy Automation:
Slow-moving inventory: Automatically assign slow-moving items to a more aggressive strategy to boost sales.
Buy Box listings: Move listings that are in the Buy Box and priced at their maximum to a strategy with a higher maximum price.
Low stock: For items with low stock, switch to a strategy that raises prices to optimize margins.
Setting Up Strategy Automation
To set up Strategy Automation:
Go to the Listings Page in your Informed Repricer account.
Use filters to segment your listings based on the conditions you want to automate (e.g., inventory count, Buy Box status, etc.).
Click "Save" on the right side of the filters bar and select the strategy you want to assign to this filter. Click "Save" again to create your new Strategy Automation.
The desired strategy will be applied once a listing falls into your created Custom View.
A detailed video on configuring Strategy automation can be found below.
What happens if a SKU falls into more than one view?
In this case, the SKU will be assigned to the view with the highest priority. As of right now, priority is based on the order in which your automation was made, so whichever automation was made last will be the top priority. If you click on the Custom Views filter, the Strategy Automation listed at the top of the list has the highest priority. There is no way to change this in-app yet, but if you reach out to our support team, we can have it adjusted.
Will you be adding more filters?
Yes, this feature is just the start of repricing automation, but we will continue to build it as we get more feedback from our customers. If there are filters that you want to see added please reach out and let us know.