Thanks for the clear explanations, some of these settings sounded a bit complicated and the "tutorials" offered by BQool aren't much help. It was useful to hear your explanations and context. May be BQool should have you teach their tutorials!
Thank you Joji! You are using this customized rule instead of the AI equalizer or maximizer because you never tried them and you trust in your strategy? Because the monthly subscription is cheaper than AI rules? or you tried both systems and yours perform better? Thank you!
Your book could sit an at unreasonably high price, which means it would never sell and sit in inventory until you priced it back to a reasonable selling price.
@@johnhorning209 yeah it depends on how you set up the rules. If there is no competition in the buy box, usually we have it set to “use max price.” So if there is no one to compete with in the buy box, you’d default to $500. For most books, that would be completely unreasonable and wouldn’t result in selling your books. If you changed that rule to “stay at current price,” then there would have been no reason to set the $500 max price.
Bqool takes longer to update your price than the default amazon repricer, so if you have multiple sellers competing for the buy box, then by the time it takes for Bqool to undercut by 1 cent, a lot of times the price has already dropped another cent. So a 2 cent drop works better in those cases to leapfrog over multiple sellers with fast repricers, and still give your account a window of time in the buy box
@@warren3752 The idea is to be the cheapest Used buybox-eligible fba offer on the listing, within your min and max range. It may initially sound like it's a waste of profit, but being in the buy box ends up allowing you to sell at much higher prices than you otherwise could, and does wonders for sell-through rate as well.
Such an amazing teacher thanks so much 😁
@@sarahlindsay9103 you’re so welcome!
Thanks for sharing your BQool rules Joji! Great in-depth video about what works for your business! Cheers!
Thanks Samuel! Appreciate you!
Thanks for the clear explanations, some of these settings sounded a bit complicated and the "tutorials" offered by BQool aren't much help. It was useful to hear your explanations and context. May be BQool should have you teach their tutorials!
Absolutely! Glad you enjoyed the video!!
Great informations so valuable thanks (From Paris FRANCE)
Glad it was helpful!
How are you using more than 10 conditional repricing listing's on the $50 plan?
Great stuff.
Thanks man!
Great Video. THANK YOU !!
You are welcome!
Thank you Joji! You are using this customized rule instead of the AI equalizer or maximizer because you never tried them and you trust in your strategy? Because the monthly subscription is cheaper than AI rules? or you tried both systems and yours perform better?
Thank you!
I'm currently using the $50/month plan -- I haven't tried using any of the AI plans for the entirety of my inventory yet.
@@jojidavenport if you are changing to AI let us know! :)
@@jojidavenport by the way, if your initial ROI expected is 30% or 40% how you adjust the rule every 3 months? Not always is 100% ROI to us...
Signed up! Switching from RepriceIt.
Awesome! Let me know how you like it!
Joji, are you now using the AI settings and if so have you done an updated video?
Currently I am using the $50/month plan! I can make an updated video in the future.
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Why not set the max. price to something super high, like $500? What problem could it cause?
Your book could sit an at unreasonably high price, which means it would never sell and sit in inventory until you priced it back to a reasonable selling price.
@@jojidavenport I was presuming that the repricing rule would never let that happen.
@@johnhorning209 yeah it depends on how you set up the rules. If there is no competition in the buy box, usually we have it set to “use max price.” So if there is no one to compete with in the buy box, you’d default to $500. For most books, that would be completely unreasonable and wouldn’t result in selling your books. If you changed that rule to “stay at current price,” then there would have been no reason to set the $500 max price.
Why are you undercutting by 2 cents instead of 1 cents? Just preference or what?
Bqool takes longer to update your price than the default amazon repricer, so if you have multiple sellers competing for the buy box, then by the time it takes for Bqool to undercut by 1 cent, a lot of times the price has already dropped another cent. So a 2 cent drop works better in those cases to leapfrog over multiple sellers with fast repricers, and still give your account a window of time in the buy box
@@Cam---- hmmm interesting.
Race to the bottom, no need to undercut just match the buy box.
@@Cam---- Why would you need to be the cheapest price? Sounds like wasting profit for no reason?
@@warren3752 The idea is to be the cheapest Used buybox-eligible fba offer on the listing, within your min and max range. It may initially sound like it's a waste of profit, but being in the buy box ends up allowing you to sell at much higher prices than you otherwise could, and does wonders for sell-through rate as well.
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Geez, I also had someone buy that exercise book and then refund it to me.
I’m sorry to hear that. Hopefully you were able to sell it again.
Just happened! Hoping it returns and I flip it for more!
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