CDDiva
New Member
what I mean is, the prices in the Ali marketplace are constantly changing. Sometimes they change many times a week.
In normal retail, this is called a pricing signal. It means that the prices fluctuate based on supply and demand, among other things. This, I am sure is not the actual case on Ali, but the sellers themselves giving their own discounts, but for lack of a better way to describe it, I refer to it as signal pricing.
The plugin I am using generally is supposed to read the signals and adapt my price to my pricing chart, but when adding a new product, I sometimes wait for the signal to change before publishing it, because from experience in retail, you don't want to start out at a sale or low price, because this makes it difficult to then raise the price afterward, without controversy, and perhaps loosing potential customers.
So for me, if the signal states the price will go up in the next few hours, (or a day or 2 in some cases) I wait to import until the price is normal.
Also, I think it much wiser to start at full price, and then any discounts or lower price changes, will seem like a great deal. Hope that makes sense to some of you.
I do notice however, that some price signals don't actually change that much, for these instead of waiting, I post them as "introductory offers" and attempt to create a sense of urgency to buyers in getting the product for the low price.
In any case, I would like to know how some of you deal with signal changes, and do you have any better, or different ways to suggest for this aspect of the dropshipping arena.
In normal retail, this is called a pricing signal. It means that the prices fluctuate based on supply and demand, among other things. This, I am sure is not the actual case on Ali, but the sellers themselves giving their own discounts, but for lack of a better way to describe it, I refer to it as signal pricing.
The plugin I am using generally is supposed to read the signals and adapt my price to my pricing chart, but when adding a new product, I sometimes wait for the signal to change before publishing it, because from experience in retail, you don't want to start out at a sale or low price, because this makes it difficult to then raise the price afterward, without controversy, and perhaps loosing potential customers.
So for me, if the signal states the price will go up in the next few hours, (or a day or 2 in some cases) I wait to import until the price is normal.
Also, I think it much wiser to start at full price, and then any discounts or lower price changes, will seem like a great deal. Hope that makes sense to some of you.
I do notice however, that some price signals don't actually change that much, for these instead of waiting, I post them as "introductory offers" and attempt to create a sense of urgency to buyers in getting the product for the low price.
In any case, I would like to know how some of you deal with signal changes, and do you have any better, or different ways to suggest for this aspect of the dropshipping arena.
