It isn’t easy to set a price for an Amazon product listing in the initial stages. It is safe for the seller to attract customers by putting a low price on some of the products. But, once your product is reviewed nicely and well established, customers may be ready to pay high.
Once you stay in the market, you can set prices within the range of your competitors.
- Before setting a price, be cautious of your product’s and marketplace’s highs and lows.
- If you are setting a special price, do it only when you are confident to tackle all the challenges that might come.
- Research your product as much as possible and match it with the customer requirements.
- This way, you might be able to guess or put a correct price range for your product.