When using RepricerExpress you will set Min and Max prices to to determine your repricing range (we'll never reprice below your Min or above your Max). We offer two ways of setting these, Global Min/Maxs or Channel Min/Maxs.
Global Min Max
Global Min Max the simplest and quickest option. You set Min and Max prices on your default marketplace (the marketplace you setup RepricerExpress with) and if your SKU is listed on other marketplaces, we'll take the Min/Max prices set by default, convert them into the correct currency based on updated daily rates (if necessary) and apply them to all other marketplaces.
This makes life easier as you only have to set your Min/Max price once but you won't have control over your Min/Maxs on each channel.
You can then use your rules to tweak your Min Max prices on the other marketplaces - 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 if you want total control on your Min/Maxs for each marketplace as you can set a Min and Max price per channel and in the currency of that channel. This suits sellers who like to calculate Channel Min prices in advance - rather than using rules to adjust.
You can then 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.
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'.
Our Youtube channel provides a video guide.
Note: Amazon NL, UAE, BR, TR, EG, SA and SG are currently available in BETA version only, to gain access to it please contact our Support Team.