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Pricing overview

Monsoon Marketplace provides fast, competitive repricing any time one of the 20 lowest offers for an item you sell changes price.

Description

Monsoon Marketplace pricing services integrate with Amazon Subscriptions API notifications to provide fast, competitive repricing anytime one of the 20 lowest offers for an item you sell changes price.

What is a Subscriptions API notification?

A notification is a list of the 20 lowest price offer listings in the same condition group as an item that you sell. Amazon packages notifications into four different condition groups: New, Used (Like New, Very Good, Good, and Acceptable), Collectible (Like New, Very Good, Good, and Acceptable), and Refurbished.

Depending on how your system is set up, notifications can either be pushed directly to your system (the fastest repricing option) or retrieved from a Monsoon Marketplace service that stores notifications for you.

What kind of information does Amazon include in a notification?

In a notification, Amazon includes the following details about the 20 lowest price offer listings in the same condition group as your item:

The landed price of the offer (item price plus shipping).
The Merchant ID of the seller.
The seller's feedback count.
The seller's percentage of positive feedback.
The offer's fulfillment type—FBA or merchant fulfilled.
The item's sales rank.
The total offers count for the item.

In addition to the 20 lowest price offers, Amazon may include the lowest price offer for a different condition group. For example, Amazon typically includes the lowest price New offer in a list of the lowest price Used condition offers. When Amazon includes that lowest price New condition offer, it sends only the following details:

Landed price (item price plus shipping).
Fulfillment type—FBA or merchant fulfilled.

What triggers Amazon to send a notification?

Amazon sends a notification any time one of the 20 lowest offers for an item changes price. It also sends a notification when there's a change to the list of sellers with the 20 lowest offers (for example, when one seller drops off the list and a new seller enters).

How does Monsoon Marketplace price an item that you've never listed before or that you're relisting?

Amazon sends notifications for listed (active) items only.

If you're listing an item for the first time or relisting an item after a period of inactivity, your system checks a Monsoon Marketplace service to see if a notification is available for your item.

If no notification is available, your system checks an alternate Amazon service that provides a limited set of details about lowest price offers. If your item prices using this information:

You will never price against your own listings.
You can filter the lowest price offers by condition group and fulfillment type (FBA or non-FBA).

If the alternate Amazon service can't send any details about the lowest price offers, Monsoon Marketplace prices your item according to the steps in Pricing when there are no competitive listings.

Important things to remember

Some important things to remember as you set up your inventory groups and price settings:

You can customize price settings to fine-tune exactly how your inventory prices. You can use a default pricing strategy or custom pricing strategy and manage price settings such as Cost of Goods, Profit, Price Floor, Floor Modifier, and Default Price.
Consistent with other settings that can be set at both the item level and group level, an item-level price setting (on the My Inventory or Inventory Receiving tab) overrides a group-level price setting (on the Settings tab under Inventory Pricing).
Inventory pricing applies to items in priority order starting at the top of the Inventory Groups list and ending with the Default group. If an item meets the criteria of more than one group in the list, it uses the one that's positioned closest to the top.
If you have at least three inventory groups (the Default group plus two more), you can change the order of your created groups by right-clicking a group, then selecting Raise Priority or Lower Priority. The priority of the Default group can't be changed.
If an item doesn't meet the criteria of any inventory group you've created, it prices according to the settings in the Default group.
After an item lists, it continually reprices against competitors, market price, or MSRP. If no pricing data is found during repricing, the item's price stays the same until the next cycle of repricing when Monsoon Marketplace again looks for new pricing information.