In the fast-paced and competitive world of e-commerce, sellers need every advantage they can get. Sku Grid offers two advanced repricing tools to help sellers stay ahead of the game: Safe Pricing and Super Safe Pricing. These tools offer invaluable pricing protections to help sellers maintain competitiveness without sacrificing profits.
Safe Pricing is an intelligent repricing feature that offers specific requirements for pricing and inventory to ensure optimal pricing. Products must be in stock for at least 24 hours before being sold again, and new prices cannot be less than 60% of the 3-day average. Super Safe Pricing offers an extra layer of pricing protection for sellers in volatile markets or with high-value items. It follows the same in-stock rules as Safe Pricing but compares new prices to the average price of the last 24 hours for more responsive repricing.
The choice between Safe Pricing and Super Safe Pricing depends on your business needs and the markets in which you operate. If you sell products in a stable market with minimal fluctuations, Safe Pricing may be enough. However, Super Safe Pricing offers added protection for high-value items or markets with frequent price changes.
To maintain competitiveness and profitability, it’s essential to monitor market conditions and adjust pricing strategies accordingly. Embrace Sku Grid’s advanced repricing features and explore the other powerful tools available for inventory and price management to achieve e-commerce success!
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