What is Amazon Pricing Status? Amazon Pricing Status Review

What is Amazon Pricing Status? Amazon Pricing Status Review
Amazon recently announced that in order to make it easier for sellers to view and fix products that have lost the qualification to be recommended in the shopping cart due to pricing issues, the platform has launched a "Pricing Status" page in the Seller Center. Release time December 2019 Impact on shopping cart


Amazon Mail

Through this page, sellers can check the pricing status of their products and make appropriate adjustments based on the recommended prices provided by the system to improve their competitiveness among similar products. The release of this page is mainly due to the previous changes to the shopping cart. The launch of the pricing status page is conducive to buyers choosing similar products at lower prices, thereby driving the vigorous development of the entire Amazon ecosystem, but it may also cause a vicious development of price wars between sellers.

Specific Page

From the price determination catalog, we can see the first one is the pricing status:

 

Go to the Pricing Status page to see how often your products have won the Buy Box since the statistical time. The Buy Box Win Rate provides the average percentage of time that your products that have been viewed by buyers win the Buy Box. The Buy Box is located on the product detail page and allows buyers to "Add to Cart" to start shopping.

 

Amazon will list products that are priced less than 5% higher than the Buy Box price and sort them according to their estimated sales potential. The Update and Match buttons on the right can directly update the price to win the Buy Box.

 

Price competitiveness: Price competitiveness shows the percentage of your products that are priced within 10% of the Buy Box price. (The number of products counted here is the number of products that have been viewed by buyers during the statistical period)

 

Through this page, sellers can check the pricing of their products and make appropriate adjustments based on the recommended prices provided by the system to improve their competitiveness among similar products. The release of this page is mainly due to the previous changes to the shopping cart.

References

  • 1. Amazon launches the “Pricing Status” page to improve product competitiveness: Brand Children’s Clothing Network [cited date 2019-12-01T16:00:00.000Z]

<<:  What is Amazon Business? Amazon Business Review

>>:  What is the NARF Program? NARF Program Review

Recommend

What is GoAfrica? GoAfrica Review

GoAfrica was founded in December 2017 and is headq...

Recommended to save! 5 practical tips to attract a lot of traffic from Amazon!

1. Natural search traffic method There are severa...

Amazon is starting to steal money again, sellers need to be prepared in advance!

As an ordinary small seller on Amazon, The biggest...

What is Casas Bahia? Casas Bahia Review

Casas Bahia is a Brazilian e-commerce platform wit...

What is Love Bonito? Love Bonito Review

Love Bonito is a Singapore women's clothing sh...

Grab invests in Indonesian media group Emtek; OVO and DANA payments may merge

Southeast Asia cross-border navigation is now onli...

What is COSCO SHIPPING Lines? COSCO SHIPPING Lines Review

COSCO SHIPPING Container Lines Co., Ltd. (COSCO SH...

Amazon lifts ban! Sellers can freely choose logistics

Last month was Amazon's year-end Christmas pe...

Turbulent South Korea is falling into Temu's price war trap

Temu, which is booming around the world, has broug...

A child without an umbrella can only run hard

You have to work hard to look effortless. 1 Today...