Hello Sellers,
I have items that are selling at a fair price. Similar to Buy Box price, I usually match the Buy Box price. For examples, $25.00 (same shipping price for all sellers). But then, after I listed it for $25.00. Other sellers with the exact same product, price their under my price (most often times 1 penny cheaper than me), in this case $24.75. So I try to price under their, now, I have to price it under $24.75. So I price it $24.50. Often most sellers and some times just me and the other (2 sellers) keeps on lower our prices to compete on the top listing with the lowest price. We have been having this price war for a while and our products originally listed for $25.00, now down to 9.00 and continue to go lower. If we both keep fighting over price, I will not make any money, and may lose money at the end. How do you (sellers) handle this type of situation? What would you do? I have been having this price war for many many of my products.
It takes two to have a price war!!!
Sellers who use repricing software will continue to lower their prices, often by a penny.
You can’t win in those situations.
Keep your prices the same and stop trying to compete with those sellers.
Don’t sell merchandise which is common as dirt and think you will make any profit on it.
If you are not losing money at $9 and were selling it for $25 you were living in a dream world.
There is always someone who will try to be the lowest priced seller, right up until the time everyone is losing money.
These are items which sellers count on making enough on their way down to justify their effort. And some of these folks don’t even have that thought.
Did you know that you are probably still in the buybox rotation even if you are a penny higher than the other guy? And if your price is equal with the other guy. Try holding your ground for a few days and see for yourself. You don’t have to engage in price wars.
Getting into a price war is pointless.
One thing I’ve learned in this business is that patience is key…
Let your competitors sell their inventory at a loss. Once they run out you will sell.
We see these sellers popping up all the time. They start selling something at what you know is a loss.
They usually last a month or two before they close shop.
We are FBA on the same sku as Amazon for a few products. Amazon sucks at keeping stuff in stock. If they run out for a few days we can literally offload hundreds of units in that window at a nice profit.
The race to the bottom is a race to bankruptcy. Let Amazon and all the “price war” sellers lose money. We’re in this business to make money, not to offload inventory for a loss or break-even.
I always match a competitors price - no matter if I lose money on a particular sale. NO ONE will EVER outbid me for any reason! This is the reason why I’m so successful on Amazon.
We are the highest price on what we sell. These low price sellers come and go.
There have been several times over the years when I bought the lowest priced competing item and then sold it for a profit. As long as the spread made it worthwhile. After I bought it my item sold.
A race to the bottom is not worth doing.
Its called the “Race To the Bottom”…
Its Why AZ Doesn’t Sell Things. But Sells you the picks and shovels to dig yourself a deeper hole…
Hello Sellers,
I have items that are selling at a fair price. Similar to Buy Box price, I usually match the Buy Box price. For examples, $25.00 (same shipping price for all sellers). But then, after I listed it for $25.00. Other sellers with the exact same product, price their under my price (most often times 1 penny cheaper than me), in this case $24.75. So I try to price under their, now, I have to price it under $24.75. So I price it $24.50. Often most sellers and some times just me and the other (2 sellers) keeps on lower our prices to compete on the top listing with the lowest price. We have been having this price war for a while and our products originally listed for $25.00, now down to 9.00 and continue to go lower. If we both keep fighting over price, I will not make any money, and may lose money at the end. How do you (sellers) handle this type of situation? What would you do? I have been having this price war for many many of my products.
Hello Sellers,
I have items that are selling at a fair price. Similar to Buy Box price, I usually match the Buy Box price. For examples, $25.00 (same shipping price for all sellers). But then, after I listed it for $25.00. Other sellers with the exact same product, price their under my price (most often times 1 penny cheaper than me), in this case $24.75. So I try to price under their, now, I have to price it under $24.75. So I price it $24.50. Often most sellers and some times just me and the other (2 sellers) keeps on lower our prices to compete on the top listing with the lowest price. We have been having this price war for a while and our products originally listed for $25.00, now down to 9.00 and continue to go lower. If we both keep fighting over price, I will not make any money, and may lose money at the end. How do you (sellers) handle this type of situation? What would you do? I have been having this price war for many many of my products.
It takes two to have a price war!!!
Sellers who use repricing software will continue to lower their prices, often by a penny.
You can’t win in those situations.
Keep your prices the same and stop trying to compete with those sellers.
Don’t sell merchandise which is common as dirt and think you will make any profit on it.
If you are not losing money at $9 and were selling it for $25 you were living in a dream world.
There is always someone who will try to be the lowest priced seller, right up until the time everyone is losing money.
These are items which sellers count on making enough on their way down to justify their effort. And some of these folks don’t even have that thought.
Did you know that you are probably still in the buybox rotation even if you are a penny higher than the other guy? And if your price is equal with the other guy. Try holding your ground for a few days and see for yourself. You don’t have to engage in price wars.
Getting into a price war is pointless.
One thing I’ve learned in this business is that patience is key…
Let your competitors sell their inventory at a loss. Once they run out you will sell.
We see these sellers popping up all the time. They start selling something at what you know is a loss.
They usually last a month or two before they close shop.
We are FBA on the same sku as Amazon for a few products. Amazon sucks at keeping stuff in stock. If they run out for a few days we can literally offload hundreds of units in that window at a nice profit.
The race to the bottom is a race to bankruptcy. Let Amazon and all the “price war” sellers lose money. We’re in this business to make money, not to offload inventory for a loss or break-even.
I always match a competitors price - no matter if I lose money on a particular sale. NO ONE will EVER outbid me for any reason! This is the reason why I’m so successful on Amazon.
We are the highest price on what we sell. These low price sellers come and go.
There have been several times over the years when I bought the lowest priced competing item and then sold it for a profit. As long as the spread made it worthwhile. After I bought it my item sold.
A race to the bottom is not worth doing.
Its called the “Race To the Bottom”…
Its Why AZ Doesn’t Sell Things. But Sells you the picks and shovels to dig yourself a deeper hole…
It takes two to have a price war!!!
It takes two to have a price war!!!
Sellers who use repricing software will continue to lower their prices, often by a penny.
You can’t win in those situations.
Keep your prices the same and stop trying to compete with those sellers.
Sellers who use repricing software will continue to lower their prices, often by a penny.
You can’t win in those situations.
Keep your prices the same and stop trying to compete with those sellers.
Don’t sell merchandise which is common as dirt and think you will make any profit on it.
If you are not losing money at $9 and were selling it for $25 you were living in a dream world.
There is always someone who will try to be the lowest priced seller, right up until the time everyone is losing money.
These are items which sellers count on making enough on their way down to justify their effort. And some of these folks don’t even have that thought.
Don’t sell merchandise which is common as dirt and think you will make any profit on it.
If you are not losing money at $9 and were selling it for $25 you were living in a dream world.
There is always someone who will try to be the lowest priced seller, right up until the time everyone is losing money.
These are items which sellers count on making enough on their way down to justify their effort. And some of these folks don’t even have that thought.
Did you know that you are probably still in the buybox rotation even if you are a penny higher than the other guy? And if your price is equal with the other guy. Try holding your ground for a few days and see for yourself. You don’t have to engage in price wars.
Did you know that you are probably still in the buybox rotation even if you are a penny higher than the other guy? And if your price is equal with the other guy. Try holding your ground for a few days and see for yourself. You don’t have to engage in price wars.
Getting into a price war is pointless.
One thing I’ve learned in this business is that patience is key…
Let your competitors sell their inventory at a loss. Once they run out you will sell.
We see these sellers popping up all the time. They start selling something at what you know is a loss.
They usually last a month or two before they close shop.
We are FBA on the same sku as Amazon for a few products. Amazon sucks at keeping stuff in stock. If they run out for a few days we can literally offload hundreds of units in that window at a nice profit.
The race to the bottom is a race to bankruptcy. Let Amazon and all the “price war” sellers lose money. We’re in this business to make money, not to offload inventory for a loss or break-even.
Getting into a price war is pointless.
One thing I’ve learned in this business is that patience is key…
Let your competitors sell their inventory at a loss. Once they run out you will sell.
We see these sellers popping up all the time. They start selling something at what you know is a loss.
They usually last a month or two before they close shop.
We are FBA on the same sku as Amazon for a few products. Amazon sucks at keeping stuff in stock. If they run out for a few days we can literally offload hundreds of units in that window at a nice profit.
The race to the bottom is a race to bankruptcy. Let Amazon and all the “price war” sellers lose money. We’re in this business to make money, not to offload inventory for a loss or break-even.
I always match a competitors price - no matter if I lose money on a particular sale. NO ONE will EVER outbid me for any reason! This is the reason why I’m so successful on Amazon.
I always match a competitors price - no matter if I lose money on a particular sale. NO ONE will EVER outbid me for any reason! This is the reason why I’m so successful on Amazon.
We are the highest price on what we sell. These low price sellers come and go.
We are the highest price on what we sell. These low price sellers come and go.
That’s a business, like it or not…
There have been several times over the years when I bought the lowest priced competing item and then sold it for a profit. As long as the spread made it worthwhile. After I bought it my item sold.
A race to the bottom is not worth doing.
There have been several times over the years when I bought the lowest priced competing item and then sold it for a profit. As long as the spread made it worthwhile. After I bought it my item sold.
A race to the bottom is not worth doing.
Its called the “Race To the Bottom”…
Its Why AZ Doesn’t Sell Things. But Sells you the picks and shovels to dig yourself a deeper hole…
Its called the “Race To the Bottom”…
Its Why AZ Doesn’t Sell Things. But Sells you the picks and shovels to dig yourself a deeper hole…