This feature allows you to specify a target profit on your listings, either as a percentage or fixed price of your total sales price. Our system will automatically determine min and max prices for your listings after accounting for marketplace, shipping, and/or FBA fees.
IMPORTANT:
Profit-based min /max prices cannot be calculated without inputting cost.
A manually set min/max price will override a profit-based min/max price.
Creating a profit-based min/max
Profit-based pricing is accessible in the very last section of your strategy. You can choose to specify a percentage profit or a fixed value to target for your min and max prices.
Select "Profit Margin" or “Fixed Profit” from the last section of your strategy.
- Profit Margin: specify a percentage profit to target for your min and max prices. Selecting a min price percentage of 20%, for example, will ensure that at your min price, 20% of your min price will result in profit after accounting for any expenses (costs, shipping, fees)
Fixed Profit: specify a fixed value to target for your min and max prices. This will automatically use the currency of the marketplace the listing is sold on. Selecting a min price value of $2, for example, will ensure that at your min price, you will earn $2 in profit after accounting for any expenses (costs, shipping, fees)After you've confirmed your formula is correct, simply hit save and finish the strategy.
Highlights
Amazon fees are calculated using Amazon's GetMyFeesEstimate Products API call. If incomplete data is returned via this call for any reason, we will not be able to determine a min price.
Walmart listings are ineligible for profit-based min/max prices because Walmart does not expose their fee structure via an API
Your min and max prices are determined using profit margin, not return on investment (ROI). See the difference here
Creating your profit-based pricing is done within your strategy. Choosing "Manual", you will set your own Min and Max prices individually or in bulk using templates.
In rare circumstances, with incomplete product information, FBA fees cannot be retrieved from Amazon. When FBA fees are not retrieved for an FBA listing, min/max prices will not be calculated.
Shipping costs are not immediately received.
We do not support banded shipping. Using a fixed price shipping method to avoid possible incorrect price revisions is highly recommended.
If your listing appears in a marketplace that uses a different currency than what you've specified, it will automatically be converted for you.
Exchange rates and min prices are adjusted accordingly at 6:00 AM GMT daily.