When using Rules to change the prices of your listings, please note that for this to work, you need to have Update Price and Sync Price enabled for Amazon and Sync Price Target enabled for the integration that you are creating the pricing rule for. If that sentence sounded like nonsense, then I advise checking out our Amazon Price Sync article!
To get to the rules page, you'll want to click on the Listing drop down at the top of Listing Mirror. Towards the bottom of the dropdown, you can see Listing Rules:
There are two different methods for increasing price. This can change what you enter for the Field Value of the rule:
1. Increase Price Fixed = Increase your listing's price by a set amount.
2. Increase Price Percent = Increase your listing's price by a percentage.
While they both say "increase," the Rule is not limited to only increasing prices. By entering a negative value (i.e. -1.50) for fixed price, you will decrease the price of the listing. By entering a value lower than '1' for price percent, you will decrease the price of the listing.
**Please Note: Before creating a rule it's a good idea to download a Price Update Bulk Edit Template spreadsheet, that way if the rule is incorrectly created or applied you have a record of you prices before the change and can reupload the spreadsheet to resolve the error.**
Increase Price Fixed
When using this method, you will want to enter the actual amount that you want to increase the price by for the Field Value.
For example, if you want to increase the price of your listings by $1.50, you will need to enter '1.50.' See image.
In another example, if you want to decrease the price of your listings by $1.50, you will need to enter '-1.5.'
Increase Price Percent
When using this method, you will want to enter the percent divided by 100. When increasing price, you will need to add a 1 to the that value. You can think of it as "What number do I need to multiply my price by to get the desired effect."
For example, if you wanted to increase the price of your listings by 50%, 50/100 +1 = 1.5. So '1.5' will be the Field Value of the Rule. See image.
Another example, if you want to decrease the price of your listings by 50%, 50/100 = .5. So '.5' will be the Field Value for the Rule. See image.
Pricing Rules will only run automatically under these circumstances.
- A new listing is created, the rule will run to affect the pricing of that listing.
- Sync Price/Price Sync Target runs, and copies the Amazon price over to a NON-Amazon listing. The rule will run after that Amazon price is synced to the NON-Amazon listing.