Can Amazon's 7-day promotional prices be adjusted at will? How to set the price?

Can Amazon's 7-day promotional prices be adjusted at will? How to set the price?

After opening a store on Amazon, everyone will try to participate in some activities on the platform. After all, the platform still has a lot of activity traffic, and the platform will preheat and promote it in the early stage. Can the price of Amazon's 7-day promotion be adjusted at will?

Can Amazon's 7-day promotional prices be adjusted at will?

Amazon cannot modify product prices at will, so as not to affect any aspects of the store.

How to set the price?

1. Subtract "1" from the end of an integer

10 vs 9.99, the difference of one cent certainly has no effect, but the same one cent difference, if it is 3.00 vs 2.99

Why does the number on the left matter so much? Because it involves the way our brain processes numerical information and identifies its value.

2. Remember not to give a decimal number after discount.

If you still remember, you should remember that I just mentioned that if it is a very high price, you should open an integer price at this time, but when you are giving a discount, you should maximize the discount. If the discounted number is very precise, it will be detrimental to your brand.

3. Adjust prices based on market demand

The price of goods should not remain unchanged. You should always analyze the market dynamics and then determine the price trend based on market changes. Otherwise, the market has changed, and you are still insisting on your own price. This is equivalent to issuing a ban order to yourself, and then sales will go to other sellers' stores.

4. Price adjustment for specific holidays

Now there are some specific festivals every year. Merchants can launch some promotional products according to different festivals, and then adjust the prices. They can appropriately make small profits but quick turnover during this period. The purpose is to attract some loyal fans, and then use this to make Amazon pay attention to your store.

Amazon’s seven-day promotional prices cannot be adjusted at will. No matter which platform you open a store on, once the prices are set, they cannot be raised or lowered at will, especially a large price reduction, which can easily be judged as a violation by the platform.

Recommended reading:

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Which Amazon payment account is better? Can I use domestic bank cards?

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