Follow the steps below to create your own strategy in SmartRepricer. You'll have the option to build a custom strategy from scratch or to edit a pre-configured template. This takes a bit more time and effort than using a full strategy template, but gives you much more control.
This article is a quick setup guide. For detailed information, see SmartRepricer Strategies.
Click Strategies on the left side of your SmartRepricer screen.
Click + Create Strategy in the upper right.
Select Create your own.
Choose one of the three pre-configured templates to customize it, or select Custom Strategy to define all your own rules. Then click Continue.
Competitors (Custom Strategy only): Select which types of sellers you will and will not compete with. If desired, customize the rules for used items and time since last sale as well.
Note: These options will determine when and how SmartRepricer will fight to win the Buy Box and maximize profits. It's up to you if you want to compete against everyone on every sale or if you want to only get into fights you have a good chance of winning.
Once done, click Continue at the bottom of the screen.
Pursuit: Set your repricing options for winning the Buy Box. This includes rules on the competition you're up against, Buy Box status, sales velocity, and stock. Then click Continue at the bottom of the screen.
Maintenance: Select your rule for keeping the Buy Box once you've won it. Fill in the details, then hit Continue one more time.
Min/Max Pricing: Choose your minimum and maximum pricing strategy. If you have integrated SellerRunning or InventoryLab, select it here to feed its prices into SmartRepricer.
Alternatively, the ROI and Fixed Profit options let you enter minimum and maximum percentages or fixed amounts of profit. SmartRepricer takes care of the rest!
Once done, click Review Strategy in the lower right.
Review Strategy: Confirm that you're happy with the settings of the strategy you created. Then, enter a name.
Finally, click Complete at the bottom of the screen.
