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Pricing Stores with Huge Amounts of Product

by jabro
2 replies
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Hello, everyone. All my stores are boutique where I have a small amount of products offered so the pricing is very fluid and I can set my pricing to how my competitors are doing. I am opening my first large store. I'm talking thousands of products.

How do you start pricing and continue to stay competitive? Do you just mass price everything a percentage markup or a percentage below MSRP while keeping MAP Pricing guidelines in mind? I imagine keeping everything competitive is hard if not impossible with this many products. Do you keep track of just your best sellers and some random products every day or week? Pick a category that you really want to do well in and keep that one competitive while just checking other products on a rotating schedule?

Thanks for any answers anyone can give me. I was just looking at my product lists and going Holy Sh%#, this is a lot of stuff!
#amounts #huge #pricing #product #stores
  • Profile picture of the author metaphor17
    I usually price everything at map, unless your wanna do competitor pricing research on each product. If you do, I would use Google shopping and search for the model number or product name.
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    • Profile picture of the author jabro
      Originally Posted by metaphor17 View Post

      I usually price everything at map, unless your wanna do competitor pricing research on each product. If you do, I would use Google shopping and search for the model number or product name.
      Thanks for your help!
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