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To add an Amazon Buy Box pricing strategy
In Monsoon Marketplace and Monsoon Marketplace Warehouse, you can add a Buy Box pricing strategy on the Settings tab under Buy Box Strategies.
Description
The examples below explain how to set up a strategy to price less than, price to match, and price greater than the Buy Box winner.
After you add a strategy, you can apply it to an inventory group on the Settings tab under Inventory Pricing.
Less than the Buy Box winner
- On the Settings tab, click Buy Box Strategies, then click Add Buy Box Strategy.
- In Strategy Name, type a name.
- In Strategy Notes, type a description of the strategy, such as Undercut strategy for toys in new condition more than 90 days old.
- Under Price Target, select Price less than the Buy Box winner by 3%.
- When you price less than the Buy Box winner by a percentage, you also have the option to stop your undercut at a certain amount. In this example, we'll set our maximum undercut amount at $1.25.
- If the percentage undercut is greater than the maximum undercut amount, the pricing strategy uses the monetary undercut amount. In this example, if the 3% undercut exceeds $1.25, the item will price less than the Buy Box winner by $1.25.
- Under Buy Box fallback, select a strategy. Your fallback strategy is used only when information about the Buy Box winner is unavailable.
- Click Save.
Match the Buy Box winner
- On the Settings tab, click Buy Box Strategies, then click Add Buy Box Strategy.
- In Strategy Name, type a name.
- In Strategy Notes, type a description of the strategy, such as Match strategy for toys in new condition less than 90 days old.
- Under Price Target, select Price to match the Buy Box winner.
- Under Buy Box fallback, select a strategy. Your fallback strategy is used only when information about the Buy Box winner is unavailable.
- Click Save.
Greater than the Buy Box winner
- On the Settings tab, click Buy Box Strategies, then click Add Buy Box Strategy.
- In Strategy Name, type a name.
- In Strategy Notes, type a description of the strategy, such as Use for FBA toys with quantity greater than 300.
- Under Price Target, select Price greater than the Buy Box winner by 3%.
- Under Buy Box fallback, select a strategy. Your fallback strategy is used only when information about the Buy Box winner is unavailable.
- Click Save.
See also
Amazon Buy Box overview
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