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Amazon’s $23,698,655.93 book about flies

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Re: Amazon’s $23,698,655.93 book about flies

#3
I work at a mid sized Amazon 3rd party seller. We reprice automatically. With thousands of SKU's there's no other way to be competitive. There are many layers to consider though, you definitely can't let your whole catalog auto-reprice. Usually sellers just focus on their top X% SKU's and let the rest auto-calculate.

I wonder if we have a price ceiling setup...?

Edit: Yes we have a floor and ceiling. I have no idea what I was thinking.

Re: Amazon’s $23,698,655.93 book about flies

#6

I work at a mid sized Amazon 3rd party seller. We reprice automatically. With thousands of SKU's there's no other way to be competitive. There are many layers to consider though, you definitely can't let your whole catalog auto-reprice. Usually sellers just focus on their top X% SKU's and let the rest auto-calculate. I wonder if we have a price ceiling setup...? Edit: Yes we have a floor and ceiling. I have no idea w…

Any 3rd party tools available to 3rd party sellers? Offering something that beats the current algorithms could be a good deal (if its not illegal).

Re: Amazon’s $23,698,655.93 book about flies

#8

I work at a mid sized Amazon 3rd party seller. We reprice automatically. With thousands of SKU's there's no other way to be competitive. There are many layers to consider though, you definitely can't let your whole catalog auto-reprice. Usually sellers just focus on their top X% SKU's and let the rest auto-calculate. I wonder if we have a price ceiling setup...? Edit: Yes we have a floor and ceiling. I have no idea w…

Any 3rd party tools available to 3rd party sellers? Offering something that beats the current algorithms could be a good deal (if its not illegal).

I have code that does ecommerce price point optimization using machine learning. In an ideal setting, it combines a variety of signals, including prediction using previous sales data. It's also able to "smooth" over different products, so that you can make good price point choices even for products that have very little sales history.

Re: Amazon’s $23,698,655.93 book about flies

#9

I work at a mid sized Amazon 3rd party seller. We reprice automatically. With thousands of SKU's there's no other way to be competitive. There are many layers to consider though, you definitely can't let your whole catalog auto-reprice. Usually sellers just focus on their top X% SKU's and let the rest auto-calculate. I wonder if we have a price ceiling setup...? Edit: Yes we have a floor and ceiling. I have no idea w…

Any 3rd party tools available to 3rd party sellers? Offering something that beats the current algorithms could be a good deal (if its not illegal).

Yep they exist. Sellers are pretty hesitant to say who they use since that is handing business intelligence to their competitors.
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