Assigning The Right Price to Your Products - Chad Rubin - Amazon Legends - Episode #217

The guest on today's episode is Chad Rubin. He leads Profasee’s operations and oversees its strategy. He often speaks about e-commerce, amazon and leveraging AI strategies on webinars and conferences worldwide.  He’s also the author of the Amazon bestseller, Cheaper, Easier Direct. Prior to Profasee, he founded Think Crucial and co-founded Skubana, and the Prosper Show. In today’s episode, he discusses assigning the right price to your products. 

Takeaways:

• Having a dynamic pricing structure can maximize your profit and increase sales.
  
  
• You can use AI technology to make your price dynamic and find a suitable model to maximize profit.
  
  
• Most times topline growth comes from reducing the price and bottom-line growth comes from reducing the expense.
  
  
• There are a lot of services associated with Amazon to help hellers handle returns, suspensions, issues with fees, etc.
  
  
• The third-party app that helps to prevent returns from happening is called the “On-Site Program”.
  
  
• When entering Amazon it is really important that you have a mentor. 

Links:

• Website – Profasee : https://profasee.com/
• Twitter – Profasee : https://twitter.com/theeprofasee
• LinkedIn – Profasee : https://www.linkedin.com/company/81280009
• LinkedIn – Personal : https://www.linkedin.com/in/itschadrubin/
• Twitter – Personal : https://twitter.com/itschadrubin

Ways to tune in:

• Apple Podcast
• iHeart Radio
• Spotify
• Google Podcast
• Stitcher
• YouTube

To learn more about Amazon PPC Campaigns, check out Mina Elias episode:

Website : https://argometrix.com/Everything-You-Wanted-to-Know-About-Amazon-PPC-Campaigns

Youtube : https://youtu.be/YJyFgUsobnI

Buzzprout : https://www.buzzsprout.com/1835870/12305265

Amazon Legends is sponsored by Argometrix, the authority on, and a leading supplier of, competitive intelligence for online retail. To learn more, head over to https://argometrix.com/