This article will cover the functionality and importance of setting minimum and maximum prices in your Cart's Multichannel Management account
To effectively manage your prices within Cart's Multichannel Management, you must establish upper and lower price limits for each item. Setting a minimum and maximum price (or a dynamic minimum and a dynamic maximum) will ensure your prices never drop too low where you are not generating a profit or raise too high where buyers will not purchase your products.
When you initially set-up a new integration with Cart's Multichannel Management, your current selling price on the marketplace will be imported into Cart's Multichannel Management as your static minimum price.
In most cases, this is not your true minimum price so you will need to adjust this field so that is it accurate.
You can edit your minimum or maximum prices at any time in the Listing Workspace or via a file upload.
- Cart's Multichannel Management is able to overwrite the Maximum and Minimum Prices on the marketplace for Amazon only. You can add this setting within the Amazon integration tile and this is not enabled by default.
- We cannot import your Minimum or Maximum prices from Amazon and have them update Cart's Multichannel Management.
- You will need to ensure your mins and maxes in Cart's Multichannel Management are the same (or within the range) you set on the marketplace. Otherwise, you run the risk of having your listings deactivated if your price is ever outside the range you've set directly on the marketplace (but still within the range you set in your Cart's Multichannel Management account).