Cost based repricing is one of repricers’ most powerful capabilities. It allows you to create a repricing strategy based on how much profit you want to make.
How to create a net margin
In your repricer’s basic info switch "Manually Assign Min/Max" OFF. Once it's off, you'll see a drop-down for the minimum price and one for the maximum price. Select net margin % in your MIN and MAX Price options, and input your desired min and max net margin. Note that you don’t have to create a maximum profit.
Setting up your cost based repricing strategy
To ensure that you’re always profitable, you’ll need to input accurate and up-to-date costs. You can do so, by clicking on import on the menu on the bottom left-hand side of your repricer dashboard. From here, download the template, fill it in, and then upload it again.
Definition of costs
Unit cost: How much it costs you to purchase the item
Shipping cost: How much it costs you to get the item shipped to your customers
Pickpack cost: How much it costs to take this item off your warehouse shelf and package it up for your customer (This includes the price of the packaging, and also the wages of the person who had to do this work)
Estimated FBA (fulfilled by Amazon) fees: This fee only applies to FBA sellers
Listing Fee %: The per item selling fee that Amazon charges you for listing your product
VAT rate: The rate of VAT to apply. Called "Sales Tax" in the USA
Variable closing fee: This fees only applies to sellers of media items