The BuyBotPro AI Analysis will provide instant feedback on the profitability at that moment, but that isn’t always the definitive answer on Buy Price profitability.
Using a range of BuyBotPro’s features will establish the potential an item has at the price it has been sourced at.
Firstly, BuyBotPro calculates a suggested maximum buy price based on ROI and Profit criteria.
The Max Buy Cost is in the Details section of the BuyBotPro panel and indicates what the highest buy price that would meet the minimum ROI and profit requirements, based on current listing conditions.
The ROI and profit criteria can be changed in Settings.
To establish if the Buy Price has potential for profit in future, the BuyBotPro Chart will detail historic activity on a listing.
The example above is a chart for a listing that shows the type of activity that proves that the value an item’s purchase price offers can’t always be determined by current conditions.
As seller numbers change - as frequently happens on Amazon listings - the sell price and Buy Box price often changes too. If analysing an ASIN at a time that the price is at the lower end of its historic level, then the buy price may appear less profitable than it CAN be.
In the above example, there is a £7.50 difference in Buy Box price in the space of a month – nearly a 35% increase in selling price, and a significant improvement on ROI and profit for the same Buy Price.
Look for peaks and troughs of seller numbers over the past 180 or 365 days to see if there are patterns of seller numbers rising and falling and if the sell price follows a similar pattern.
Historic information frequently indicates future performance of a listing. Retailers often put the same items on sale periodically, which provides added opportunity and potential for profit, with a little patience, if purchased at a sale price.
Use BuyBotPro to establish if the current retail buy price is profitable when the seller numbers peak or trough. If it’s only profitable when at a low then consider whether it is stock you can be patient with.