Introduction
We're thrilled to announce the launch of a groundbreaking new feature at ArbiSource that will revolutionize the way you source profitable products: Price Drops. This innovative feature, exclusively available to ArbiSource users, is designed to give you a significant edge in the competitive world of online arbitrage by highlighting products that have experienced significant price reductions at the retailer.
What are Price Drops?
In the fast-paced environment of online retail, prices can fluctuate dramatically. Our Price Drops feature leverages this volatility to your advantage. Anytime a retail product drops by 25% or more, ArbiSource flags it as a price drop. These alerts help you quickly identify and jump on the best deals before they sell out or the prices revert to normal. To ensure you only see the freshest opportunities, price drops are automatically deleted after 48 hours.
How to Use Price Drops in ArbiSource
Using Price Drops in ArbiSource is simple and intuitive:
- Navigate to Price Drops: Access the Price Drops section by clicking on the dedicated icon in the navigation bar.
- Understand the Results Panel: You'll see a familiar result panel with two key changes – the previous higher price is scored out, and the new reduced price is prominently displayed. The percentage reduction is also highlighted in the top left corner of each panel, allowing you to prioritize the most significant savings.
- Sort and Refresh: The Price Drops list is automatically sorted by the most recent drops, and you can refresh it to get the latest deals as soon as they appear.
- Utilize Filters: In the 'Filters' menu, you’ll find all your standard filters plus a new discount percentage filter. You can also adjust your profit and ROI sliders below 0 to view non-profitable price drops. Combining this with the average profit filter helps you uncover leads that might not be profitable now but could be in the future due to price fluctuations.
Maximize Sourcing with the 'Unmatched' Section
One of the standout features of Price Drops is the 'Unmatched' section:
- Discover More Opportunities: This section showcases price drops for products that haven’t been matched to an Amazon listing. These could be products without an Amazon listing or those our algorithm isn’t confident about. Exploring this section can reveal hidden gems that are not immediately obvious.
- Efficient Sourcing: The action bar in this section allows you to search for unmatched products on Amazon, eBay, or other retailers with a single click. You can choose to search using the barcode or product name, making it easier to verify and find the best matches.
- Streamline Your Workflow: If the 'Unmatched' section gets too busy, use the hide button to hide single products, entire stores, or categories. You can manage these hidden items easily, ensuring you only see the most relevant deals.
- Leverage SellerAMP SAS Integration: For SellerAMP SAS users, the 'Unmatched' section offers even more efficiency. Use the SAS icon to quickly search for products using SAS's Smart Search feature and analyze them instantly.
Additional Info
- Morning Scans: We scan the clearance sections of popular retailers every morning to catch as many reductions as possible. Although price drops can appear throughout the day, the best deals are often found in the morning.
- Accuracy and Timeliness: Price drops are available for 48 hours and are not updated like results in the Vault. This means the stock and pricing information is accurate at the time of scanning but may change when you view the result. Acting quickly on these drops will help you secure the best deals.
Conclusion
ArbiSource’s new Price Drops feature is a powerful tool designed to save you time, help you discover hidden opportunities, and ultimately boost your profitability. By leveraging significant price reductions, you can stay ahead of the competition and maximize your sourcing efficiency.
We invite you to explore this innovative feature and see how it can transform your online arbitrage strategy. Happy sourcing with ArbiSource!
Get Started Today
Sign up or log in to ArbiSource now and start taking advantage of our new Price Drops feature. Don't miss out on the best deals – be the first to know and act!