When using RepricerExpress you will set Min and Max prices to avoid selling your products too cheap. We offer two ways of setting these, Global and Channel.
Global Min Max
Global Min Max is simpler and quicker. You set a single min and max price, which you can use on all channels (i.e. Amazon UK, US, eBay).This makes life easier as you only have to set your Min/Max price once.
Your Min/Max prices for each channel will also be converted into the correct currency based on updated daily rates.
You can use your rules to tweak your Min Max prices - allowing adjustments for things like marketplace fees, postage/courier costs/differences, packaging costs and FBA fees etc. See how to do this here.
Channel Min Max
This option is better for fine tuning your channels. You can set a min and max price per channel. This suits sellers who like to calculate channel mins in advance - rather than using rules to adjust.
You can use your rules to tweak your Min Max prices - allowing adjustments for things like marketplace fees, postage/courier costs/differences, packaging costs and FBA fees etc.
Please note: If you wish to use eBay you can only use the Global Min Max setting.
If you choose to use the Global Min Max option you will need to choose a default currency. When using RepricerExpress you will set your products Minimum and Maximum prices in your primary currency. For example, if you're in the US, select 'US Dollar'.
This makes it easier for you to know how much you are selling your product for and ensures you protect your profit margins.
Simply select your base currency and press 'Confirm'.
Please note: If you would like your Base Currency to be CAD or JPY, consult this helpfile.