Benefit from Dynamic Pricing feature of Jet Shopify Integration App by Cedcommerce.

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Benefit From Dynamic Pricing Feature Of Jet
Shopify Integration App !
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The Skyrocketing rise of Jet.com is attributed to
its offering 10-15 less prices than its
competitor. This has set the ball rolling in the
favor of Jet.com and, now, 400,000 customers are
joining the popular website every month and over
12 million products are enlisted on the website.
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The Jet.com benefits both sellers and customers.
For customers, it offers a discount by
encouraging consumers to build bigger baskets and
waiving of return fee among other measures. And
going by the growth it has struck a chord with
shoppers. As per Marc Lore, the CEO of Jet.com
We cut shipping and fulfillment expenses by
showing customers how to build larger baskets of
products that can come from a single warehouse in
close proximity to where they live.
How Jet offers Lower Prices?
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Though Jet.com is the most effective marketplace
as it doesnt charge any sign-up, monthly fee, or
product listing fee, it takes 12-15 commission
on sales. However, the commission that Jet.com
charges is distributed to its customers in form
of Jet Savings. And more importantly, for the
retailers convenience, the Jet.com gives
retailers/sellers the flexibility of altering the
prices of their products listed on Jet.com from
their stores. Exciting as it gets!
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To utilize this benefit to the maximum extent the
CedCommerce Jet Shopify Integration App has an
exciting feature that enables users to increase
the price of their products. And furthermore it
can be done 3 ways 1. Increase fixed price for
all the products 2. Increase price in age for
all products 3. Increase price for Individual
prices using CSV file
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Increasing fixed prices for all products adds
the additional amount and reflects it on Jet.com
and Increase Price in age for all products adds
the additional amount by percentage. However, it
is the third option that enables user not to only
increase but decrease as well for individual
products.
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WHY DECREASE PRICES?
For this question as well Marc Lore provides an
insightful answer, he adds Shipping one 5-pound
item across the country costs 11.70, but
shipping a 25-pound box (of five 5-pound items)
to within 150 miles of the warehouse only costs
11.66. If the retail price of the 5-pound item
is 15.00, then shipping is 78 of revenue but
if the retail price of the items in the 25-pound
box is 75.00 in total, then shipping is only
15.5 of revenue.
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So retailers living in the proximity of the order
being placed can take advantage of the situation
and can share shipping savings with their
customers that also enables them to reduce prices
and win more customers. Also, in-house pickup and
sharing of customers email further facilitate
more discount. Therefore, to sell effective,
compete dynamically, work smartly, and save more,
subscribe Cedcommerces Jet Shopify Integration
extension that has a plethora of benefits for
sellers.
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Want Build Own Marketplace ?
Sell on Newegg.com Marketplace
Sell on Walmart.com Marketplace
Sell on Jet.com Marketplace