Top 5 Mistakes to Avoid When Using a Repricing Tool

Hello everyone, Steve here from Raikenprofit.com. 

In today's blog post, I want to share the top five mistakes to avoid when using the BQool repricer. 

Over the last 18 months, I've experienced $317,000 in additional sales with 7,350 orders using BeCool. 

But, along the way, I've made some mistakes and learned a lot. 

So, I've invited Samuel from BQool to help me discuss these top five mistakes and how you can avoid them to achieve better results.

Oh and before we jump into things, if you haven’t yet, be sure to register for my FREE 5-day bookselling workshop.

In this workshop, I share with you my step-by-step process for getting started with selling books for huge profits on Amazon FBA!

Let’s dive in!

Watch the Video below:

(Click here to watch on YouTube)

Mistake #1: Not Using the AI Repricer

The first mistake is not using the AI repricer. 

BQool is known for being the number one AI repricer in the market.

Using AI allows you to win the buy box more frequently, and you can adjust your repricing strategy to be more or less aggressive. 

It's incredibly easy to set up – you only need to specify the minimum and maximum prices and choose one of the five settings. 

It's a "set it and forget it" approach, and the AI does the work for you.

Mistake #2: Setting Your Max Price Too High

Setting your maximum price too high is another common mistake. 

Some sellers might think setting it high will lead to better results, but in reality, it can lead to delisting and pricing errors. 

It's crucial to have a reasonable maximum price to avoid these issues.

Mistake #3: Not Including the Correct Buy Cost

When using a repricer, it's essential to include the correct buy cost.

This should encompass all costs associated with your products, including prep fees and shipping costs. 

Accuracy is key because it affects your minimum and maximum prices.

Samuel highlighted the importance of knowing your buy costs to ensure your pricing strategy is profitable.

Mistake #4: Not Using the Bulk Upload Feature

Here's a mistake I've personally made and am committed to changing – not using the bulk upload feature. 

If you have thousands of listings, this feature can save you a significant amount of time.

You can download your active listings, modify them in a template, and upload them back without the need for manual adjustments. 

Whether you're working with a virtual assistant or doing your repricing offline, the bulk upload feature is a game-changer.

Mistake #5: Not Turning On the Repricer

Believe it or not, a common mistake is not turning on the repricer. 

If your repricer isn't active, it won't work. 

BQool offers filters to help you identify all the active listings that haven't been enabled for repricing. 

Simply switch them on by clicking the "play" button, and you'll start getting the results you deserve.

Conclusion

These are the top five mistakes to avoid when using BQool. 

Using the AI repricer, setting reasonable max prices, including accurate buy costs, utilizing the bulk upload feature, and ensuring your repricer is turned on can significantly improve your results.

If you'd like to try BQool, you can get a free 30-day trial by using the link HERE.

It's the same approach I took when starting out, and there's no credit card required. 

Give it a shot, explore the dashboard, and see if it works for you. 

With good products and the right repricing strategy, especially using AI, you can increase your sales and profits.

I want to express my gratitude to Samuel for joining me in this discussion, and thank you for visiting my blog. 

Your support is much appreciated. 

If you found this information valuable, please share it with your fellow sellers. 

And again, if you haven’t yet, be sure to register for my FREE 5-day bookselling workshop.

In this workshop, I share with you my step-by-step process for getting started with selling books for huge profits on Amazon FBA!

“Here's to successful repricing and profitable sales!”

Until next time!

Steve w/Raiken Profit