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The Question: To
Buy or Not to Buy?
The Answer: Is
determined by the current resale value ($$$) and how quickly it can be sold
(sales rank.)
So the lower the sales rank number is, the more popular the book is and faster
it will be sold.
If the book is easy to sell (lower sales rank), then you don't require a high
profit margin on that book.
If the book is harder to sell (higher sales rank), then you need a higher profit
margin on that book to make it worth keeping in inventory.
To explain the sales rank in detail, please refer to this page:
Amazon Sales
Rank Explained
So when you setup your criteria groups, you choose the minimum current resale
value of items measured against their sales rank.
When you install our program, it comes with one pre-configured criteria group
that is geared toward book sales.
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We support up to 7 steps of minimum pricing and corresponding sales rank
combinations to trigger buying sound. You can choose your desired number
of steps from just 1 step to 7 steps pricing info. For example, if you only
need 5 steps of pricing, you can fill up the first 5 rows and leave the last 2
rows empty.
As an example, with price settings like the screenshot below, you will get a
buy signal when you scan an item with following prices:
(1) Price = $3.55, ranking = 5000, OR (2) Price = $6.62, ranking = 250,000, OR
(3) price = $41.25, ranking = 0 (No ranking)
You will get a reject signal, when you scan an item with following
prices:
(1) Price = $3.55, ranking = 60,000, OR (2) Price = $6.62, ranking = 500,000, OR
(3) price = $34.25, ranking = 0 (No ranking)
You can setup multiple pricing templates. To setup a new pricing
template, click on "Crit 2", input your pricing structure, and click
"Save" button. To switch back to "Crit 1", tap on "Pricing" from "start
menu", click on "Crit 1", and click "Save" button.
For more information on the Criteria Group please refer to the following link: http://www.asellertool.com/ent/support/buying_criteria_7.htm
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#1
- Lowest Price of All (LA)
The
lowest price of an item, regardless of whether it's a price for a "new
offer" or "used offer".
#2
- 2nd Lowest Price of All (2A)
The 2nd
lowest price of an item, regardless of whether it's a price for a "new
offer" or "used offer".
If an item only has one offer, then the "Lowest Price of All" is used.
#3
- 3rd Lowest Price of All (3A)
The 3rd
lowest price of an item, regardless of whether it's a price for a "new
offer" or "used offer".
If an item only has two offers, then the "2nd Lowest Price of All" is
used.
#4
- Lowest Price of New (LN)
The
lowest price of "new Offer".
If an item does not have any "new offer" , then instead of returning
buy/reject signal, a message of "No New Offers" is returned.
#5
- 2nd Lowest Price of New (2N)
The 2nd
lowest price of "new Offer".
If an item does not have any "new offer" , then instead of returning
buy/reject signal, a message of "No New Offers" is returned.
If an item only has one "new offer", then the "Lowest Price of New" is
used.
#6
- 3rd Lowest Price of New (3N)
The 3rd
lowest price of "new Offer".
If an item does not have any "new offer" , then instead of returning
buy/reject signal, a message of "No New Offers" is returned.
If an item only has two "new offers", then the "2nd Lowest Price of New"
is used.
#7
- Average Lowest 3 Price of All (AA)
The
average of the lowest 3 offers of an item, regardless of whether it's
"new offer" or "used offer".
If an item only has two offers, then the average of the lowest 2 offers
is used
#8
- Average Lowest 3 Price of New (AN)
The
average of the lowest 3 new offers of an item.
If an item does not have any "new offer" , then instead of returning
buy/reject signal, a message of "No New Offers" is returned.
If an item only has two "new offers", then the average of lowest 2 new
offers is used.
NOTE:
Regardless of which trigger you choose, if an item does not have any
offer, it returns a message of "No Seller Listings". |
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