I have a confession to make. I’ve saved the best for last.
Recently on the Full-Time FBA blog I’ve been talking with you about how important it is to keep your inventory prices updated if you’re wanting to increase your sales and profits. I’ve shared with you how to manually reprice your inventory, when it’s best to manually reprice, and if you should consider using Amazon’s Automate Pricing repricer tool. Now, I’m going to share with you the best repricing solution I’ve ever experienced: BQool.
Bqool is, hands down, the best tool that I’ve added to my Amazon business in the last 3 years. Only InventoryLab and Keepa (both of which I started using 4 years ago) have eclipsed BQool in the impact that they’ve had on my Amazon business today.
After I started using BQool, my inventory was optimized to have the most competitive prices on Amazon. Notice, I didn’t say the “lowest” prices, but the most competitive. BQool helps lower my price a little if I need to, but it also helps raise my prices when the opportunity is there! My sales and profits have never looked better.
Let me tell you more in this video:
As you can see, using BQool helped my Amazon business get to the next level. My sales increased and my profits increased. Not only that, but I’ve spent less money on storage fees (both monthly and long-term) because my inventory is selling much faster than before. BQool has helped raise my IPI score, and improved the health of my overall Amazon business.
Imagine what your Amazon business would look like with an increase in sales like this. You’ll get bigger disbursements which will lead to more sourcing money. The faster you can reinvest your sourcing money into more profitable inventory, the faster you can grow your overall profits. It’s like a snowball effect that will grow your Amazon profits again and again.
I want to give you my own personal BQool pricing rules that literally doubled my sales the first month I used it.
If you sign up for BQool via my link, then I’ll send you my own personal BQool repricer settings that helped me double my sales the first month of using it. Just contact me from the same email you used to sign up for BQool (so I can verify your free trial) and once verified, I’ll send you my personal BQool repricer settings.
Now, I’d love to hear from you. Have you considered using an automatic repricer? What would you do if you were able to increase your Amazon FBA sales by using BQool? Any fears you might have about using a repricer? What excites you most about the idea of using BQool?
Really interesting post Stephen. I did not kbow about automatic repricers.. 🙂
I signed up for Bqool about 2 weeks ago and finally got all my listings set with minimum and maximum prices (and used your repricing settings). However, I have a lot of “little” questions (I haven’t searched on Bqool for answers yet – sometimes the help/support is so technical that it doesn’t help). It would be awesome if you could do/arrange a webinar to go over some of the basics with a Q & A. Thanks.
Go ahead and send me your questions and I’ll see what I can come up with. Send them here: https://www.fulltimefba.com/contact
Would this work or be helpful for used book sales? I’m wondering especially about differences in pricing for condition, etc. (for example, if your book is listed as “good” condition, but there are others on listing as “acceptable”, etc.) Would Bqool differentiate correctly when repricing? Thanks!
Bqool is perfect for used book sales. You can reprice your books for only the same used condition if you want. So you can have the most competitive price for a used very good book and ignore the books in acceptable condition, if you want. More info: https://www.fulltimefba.com/bqool
Thanks!
Great stuff Stephen. Really easy to understand – thanks. I am a new seller with some successes, till getting my feet wet…just tried Amazon automated repricing today for the first time, so your video was well received! How long is your offer good for?
My offer for my Bqool repricer settings does not have an end date set yet… but it won’t last forever. I’ll keep it up at least till the end of the month.
Stephen, do you know how bqool compares with Informed.co? I’ve heard that’s a good one.
I’ve heard that’s a good repricer too, but that BQool can do similar actions at a much more affordable rate. I think informed is a good repricer once you get in the 10,000 size inventory.
Hi,
I used your rules following your 5 screen shots. I uploaded my costs via Inventory Lab, and right now IL and BQool are synching. Once that’s down, what do you recommend next? Using the Bulk Action method to set min and max prices? Are am I missing a step – didn’t realize I would need to use the calculator after setting your rules. Please let me know if I’m on the right track. Thanks a bunch!
It’s best to set your minimum and maximum prices one by one. Using the bulk option is not always the best answer, even though it’s easier. Start with setting the min and max for the items you have most in stock… then update the min/max for your higher priced items… then do the rest. It takes some time, but is will worth the time investment.
Stephen, The setup screenshots you emailed do those apply to FBA Used Books only as I did not think the Buy box applied to Used books.
Thanks, Ray
I signed up for the trial, connected to both my Amazon store and IL account, but there are not items listed to reprice.