Profasee

I used to manually change my Private Label prices: Huge mistake. Massive Amazon Hack & Tip List - Day 317/365 📝 Okay, our prices should only be fluctuating to try and accomplish one of three things: 1) Make more Total Profit 2) Make more Total Sales 3) Stay in Stock Unless you're doing something very very specific (like reacting to competitor pricing or meeting other agreements), these should cover it. Each of your ASINs should have one of these goals. The problem: It's basically impossible to manually adjust and change all of these prices yourself while maximizing profit. Only AI can do it. Yup. If we're optimizing for Profit or Revenue -> We need to change our price based on: demand, price elasticity, market conditions, and competitors. 1) If the goal is 𝗽𝗿𝗼𝗳𝗶𝘁, we balance higher prices (for more profit per unit) with demand to ensure we're making the most overall profit. 2) If the goal is 𝗿𝗲𝘃𝗲𝗻𝘂𝗲, 𝗶t might lower prices to sell more units and increase total sales income. 3) Target Velocity -> Instead of focusing on profit or revenue, we aim for a specific 𝘀𝗮𝗹𝗲𝘀 𝘃𝗲𝗹𝗼𝗰𝗶𝘁𝘆 (the number of units we want to sell per day). It's great for inventory management. For example: • We have 200 units in stock. • Our next shipment arrives in 10 days. • To avoid stockouts, we need to sell 20 units/day. • We set 20 units/day as our target, and change prices to ensure we hit that average daily velocity. The model adjusts the price to ensure you hit that target velocity, even if it means sacrificing profitability or revenue. The entire goal with this model is to NOT run out of stock. Maybe you could do this with 1-5 SKUs. But it would take a long time. Fuggetaboutit if you have more then 5. This is why I use Profasee I just don't understand why everyone isn't using this software. For real. Markets shift daily. Customer demand fluctuates hourly. Manual pricing wastes time and leaves money on the table. 📌 Want a constant stream of Amazon Hacks & Tips delivered directly to your face? Sign up for our bi-weekly newsletter, here: - https://lnkd.in/g9RrWizG Did this help? let me know with an instant repost! ♻️ See you back here tomorrow at 10 EST for the next one (I post at the same time every day) -- #amazonfba #amazonfbaseller #amazonseller

Today I had a quick call with Chad Rubin so I could get a demo of Profasee ... we hung out some at Innovate and when he got on the Zoom this morning, I had this wild hair idea to record it for my YouTube channel. Thankfully, Chad graciously agreed ... and is now my first official "guest" on the eComCatalyst YouTube Channel. What Chad is doing w/ Profasee (pronounced like Prophecy, very clever!) is amazing. I mean, if it paid for Mina Elias wedding, it's good enough for me! 😀 If you've not yet booked a free demo, get over there and signup! #amazonseller #amazonprivatelabel #privatelabel #amazonrepricer

The #1 reason why I believe in Profasee: They can increase price and while maintaining rank Massive Amazon Hack & Tip List - Day 302/365 📝 What I’m about to share isn’t just any Amazon strategy. It’s the story of how we used precise, data-driven pricing to double profits on a single ASIN using Profasee. Here’s what we did, and what you can learn from it. 𝗦𝘁𝗮𝗿𝘁𝗶𝗻𝗴 𝗳𝗿𝗼𝗺 𝗦𝘁𝗮𝗯𝗶𝗹𝗶𝘁𝘆 We kicked off at a comfortable $14.50 per unit—a safe spot. But comfort doesn’t drive growth. We pushed the boundaries of what this product could sell for, raising the price to a $16.50-$18 range, a 14% increase with minimal impact on volume or ranking. Now, I’m consistently moving ~1,000 units every month at a higher profit margin. 𝗦𝗲𝗰𝘂𝗿𝗶𝗻𝗴 𝗕𝗦𝗥 𝗮𝗻𝗱 𝗠𝗮𝘅𝗶𝗺𝗶𝘇𝗶𝗻𝗴 𝗣𝗿𝗼𝗳𝗶𝘁: BSR was critical. The algorithm found the optimal pricing range that aligns with customer willingness while locking our BSR between 3,000-5,000. Many brands raise prices only to watch rank drop, but we were able to keep our position secure, maximizing profits and securing long-term growth. 𝗖𝗼𝗻𝘁𝗶𝗻𝘂𝗼𝘂𝘀 𝗢𝗽𝘁𝗶𝗺𝗶𝘇𝗮𝘁𝗶𝗼𝗻 Over 15 months, we tested 20+ price variations, ranging from $13.50 to $18.50. Every price test taught us more about our customers’ sweet spot. Today, we’re locked into that $16.50-$18 range, where profit and volume work together seamlessly. 𝗧𝗵𝗲 𝗥𝗲𝘀𝘂𝗹𝘁? 𝗣𝘂𝗿𝗲 𝗣𝗿𝗼𝗳𝗶𝘁 𝗚𝗿𝗼𝘄𝘁𝗵 Our margins expanded by 60%, delivering a 2X profit jump YOY. Daily profits on this ASIN now sit at $350. This transformation didn’t come from guesswork; it’s the result of relentless, data-driven adjustments by AI. 𝗡𝗼𝘁 𝘀𝗼𝗺𝗲𝘁𝗵𝗶𝗻𝗴 𝗮𝗻𝘆 𝗵𝘂𝗺𝗮𝗻 𝗼𝗿 𝘀𝗵*𝘁𝘁𝘆 𝗿𝗲𝗽𝗿𝗶𝗰𝗲𝗿 𝗰𝗼𝘂𝗹𝗱 𝗱𝗼. 𝗧𝗵𝗲 𝘁𝗮𝗸𝗲𝗮𝘄𝗮𝘆 This isn’t your average Amazon strategy. It’s the result of calculated, precise decisions that have transformed my business. Profasee doesn’t pay me to share this; I’m talking about it because it works, and I know it can work for others too. Remember, making you money is what we do here. 📌 Want a constant stream of Amazon Hacks & Tips delivered directly to your face? Sign up for our bi-weekly newsletter, here: - https://lnkd.in/g9RrWizG Did this help? let me know with an instant repost! ♻️ See you back here tomorrow at 10 EST for the next one (I post at the same time every day) -- #amazonfba #amazonfbaseller #amazonseller

Massive Amazon Hack & Tip List - Day 149/365📝 Automatically avoid 270-day storage fees (u no need to use brain): I am loving this new feature from Profasee. BTW they are continually coming out with super cool models to save sellers money. The other ones I am loving: >Charm pricing: Set all prices to $x.x9 >Virtual Bundle pricing: Set all VB's to match your desired discount >Low inventory pricing: Set price to maximum desired when inventory runs low to slow down sales volume They're calling it the "Storage Fee" model. How it works: This feature automatically reduces the prices of SKUs that have been aged over 270 days (number of days is adjustable) to help avoid high storage costs. As you may or may not know, the pain really starts to ramp up around 270 days. One question I had for Chad Rubin: How does the model work if I have some units that are aged over 270 days but some that aren't? For example I send in a shipment of 1000 units, and 100 are left and aging at 270 days. Then, I send in 1000 more. So, at this point I have 1100 total (but only 100 are aging @ 270 days). Does it still lower the price for all of them? What do you think? Have you given Profasee a shot? ♻️ Instantly Repost with a friend who needs to hear this :) See you back here tomorrow at 10:15 EST for the next one (I post at the same time every day) -- #amazonfba #amazonfbaseller #amazonseller

Ready to bet against me on the future of Amazon? I’ve placed my bet: $2.3 million that AI will revolutionize Amazon just like it did Wall Street I challenge anyone here to bet against me! 💸 Here’s what happened on Wall Street: 2000: AI managed just 10% of all trades on the US stock market. 2020: AI surged to dominate 73% of all trading activity. But, what about AI for Amazon brands? 👇 Today: The Amazon 3P marketplace is 90% human effort, mirroring Wall Street in 2000. 2030: AI controls the majority of pricing, ads, inventory, and listing creation. As of now, algorithms haven’t yet moved the marketplace—but that's about to change. I’m 100% certain of it That’s why I've already staked $2.3M on Profasee based on this belief. Are you bold enough to challenge my bet with your cash? Many will recall how previous AI tools, including AI repricing, fell short. Yes, they were sh*&t. However, with today's advanced technology, we're operating on a completely new level—I have the compelling data to back this up. Profasee leverages AI to implement dynamic 'uber-surge' pricing strategies throughout the week, driving our brands to achieve 10-15% additional profit dollars. I’ve placed my bet, so I challenge you: what's your move?

LAST CHANCE to register for our webinar, this JAN. 24! Don’t miss out on in-depth insights on pricing strategies and account suspensions. 👉 https://lnkd.in/gzRg-pVM Profasee Chad Rubin #lastchance #amazonaccountsuspension #amazonconsultants #profasee #amazonpricingstrategies #amazonsolved #amazonseller #ecommerce #riverbendconsulting

Imagine a world where Amazon brands harness the same pricing power as Amazon itself. Amazon changes prices over 2 million times a day. Uber has surge pricing. Airbnb has “smart” pricing. Global hedge funds use dynamic pricing. 🤔 But here’s the big question: “Why don’t Amazon brands dynamically change pricing?” “Why aren’t they optimizing every last penny with strategic pricing?” With Amazon getting more and more complex… 🎯 Wouldn’t it be fair to equip Amazon brands with their own “smart” pricing weapon? So they, too, can have this “superpower” available to the tech giants… …And maximize their profits? 🚀 Well, good news. Meet Profasee – the superpower Amazon brands deserve.

Massive Amazon Hack & Tip List - Day 2/365 𝗕𝗼𝘁𝘁𝗼𝗺 𝗟𝗶𝗻𝗲: 𝗦𝗽𝗹𝗶𝘁 𝘁𝗲𝘀𝘁 𝗽𝗿𝗶𝗰𝗲 𝗮𝘀 𝗺𝘂𝗰𝗵 𝗮𝘀 𝘆𝗼𝘂 𝘄𝗼𝘂𝗹𝗱 𝘀𝗽𝗹𝗶𝘁 𝘁𝗲𝘀𝘁 𝗮𝗻𝘆𝘁𝗵𝗶𝗻𝗴 𝗲𝗹𝘀𝗲. Don't sleep on price split testing. Everyone always says to split test your main images and copy, but very few people talk about price. It's one of the most important factors to improve profits and almost no-one is doing it. Wanna crank it up a level? Talk to Chad Rubin about Profasee. -- #amazonfba #amazonfbaseller #amazonseller