The Best Amazon FBA Pricing Strategy To Use In Your Business In 2021

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After you find a product to sell on Amazon, that is the time to set the pricing, the question is, how do you price your product? The pricing will depend on many pricing factors. The most important factor is the cost of goods including Amazon fees and at what stage you are at the product launch strategy.

In the beginning, you will have a breakeven price, and then later you will after launch, you will have a different pricing strategy. At a later stage, after a couple of months or even weeks some products you're profitable from day one, which is rare, but it happens sometimes, then you start to make money, and then the Amazon FBA pricing strategies will change, you want to be more profitable, you're going to increase the prices.

You can do it because you already have the reviews, you already have the rankings so you are at a good point to do so. So it's important to understand these principles and how it works and when to actually change the pricing.

In this video, you will see the exact process and system to set my Amazon pricing strategy so I can get the most Amazon FBA profit from each product.

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About Sourcing Monster:

I’m Tomer, a 7-figure Amazon FBA seller who started in 2019. I successfully sold one of my brands in 2022 for almost $2M, and I'm now focused on scaling and exiting another brand for 8 figures. My passion is building and scaling Amazon FBA brands, and I'm excited to share my journey with others through this YouTube channel.

These videos aim to educate and inspire others in the Amazon FBA community by sharing my experiences and strategies. Topics include case studies, new Amazon PPC features, beginner tutorials, advanced strategies, and seasonal strategies.

My mission is not only to grow my own Amazon FBA brands but also to help others along the way. I am always looking to work with new clients and expand my network. Reach out to me anytime: tomer@sourcing-monster.com

Sections:

00:00 The Best Amazon FBA Pricing Strategy To Use In Your Business In 2021
01:30 Launching Vs. After launch
03:54 Strategies & principles that I use
11:08 Outro

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