Follow the steps below to create a custom strategy in SmartRepricer.
Click Strategies on the left side of your SmartRepricer screen.
Click + Create Strategy in the upper right.
Select Create your own.
Click the option for Custom Strategy, then click Continue.
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. Then click Continue at the bottom of the screen.
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.
Set your pricing options in the tracking section. 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.
Select your rule for keeping the Buy Box once you've won it. Then hit Continue one more time.
Choose your minimum and maximum pricing strategy, then click Review Strategy.
Note: With the ROI or Fixed Profit pricing method, SmartRepricer will set the min/max prices for each listing based on the min/max return on investment percentages or dollar profit amounts set for this strategy. If you have a SellerRunning or InventoryLab integration, select that option to automatically retrieve prices from that platform.
Review the strategy created and enter a name.
Click Complete at the bottom of the screen.