To find out which, how many, and where items in different units of measure are selling, most sellers have to manually merge data from duplicate SKUs. This blog post explains how to remove this bottleneck so it no longer interferes with your ability to grow your business. While other sellers are feeling the stress of using outdated and ineffective methods to manage inventory, you'll feel in complete control knowing your inventory levels are perfectly in sync as you buy and sell.
Topics: Etail Vantage Point
1. Seamless Integration
Your repricer should integrate with both the sales and supply side of your business. Real-time visibility into your variable and fixed costs is necessary to achieving and protecting your desired markup percentage. If your floor and ceiling values aren’t dynamically driven by real-time cost changes (product, fulfillment, sales, overhead, etc.) you’re putting your profit margins at risk.
Topics: Etail Vantage Point
1. Not Repricing When Costs Change
Whenever any of your costs change - product, fulfillment, sales, or overhead - a repricing event must happen immediately so your margins and Buy Box ownership are protected. If you use FBA or ship from stock and buy a new batch of inventory at a different price from those of prior purchases, repricing must occur because average per unit cost has changed. If you drop ship or cross-dock and your supplier publishes new prices via their data feed, repricing must also take place because product cost has changed.
Topics: Etail Vantage Point