Pricing on Marketplaces: How to Calculate the Price of a Product
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Pricing on Marketplaces: How to Calculate the Price of a Product
Svetlana Kiseleva
Svetlana Kiseleva, Senior Manager of the Marketplaces Unit
November 29, 2024
Content
Ozon
Yandex Market
Wildberries
Calculation + analysis + planning = success
In recent years, marketplaces have become an integral part of online trading.
Yandex Market, Ozon and Wildberries are the three largest albania consumer email list players in this market, which impose different requirements on sellers and offer their own placement conditions and promotion methods. Successful work on these platforms depends on many factors. One of the key ones is pricing.
Svetlana Kiseleva, senior manager of the Marketplaces unit at Completo , spoke about the main approaches to pricing on the aforementioned marketplaces and their impact on sellers' income, and explained how to calculate the price of a product so that instead of making a profit, you don't end up in the red.
Key factors influencing pricing
Pricing on marketplaces depends on many factors:
competition . There are a large number of sellers working on the online platform, which creates an active competitive environment. Some sellers set lower prices to attract buyers;
supply and demand . Prices may vary depending on the current demand for the product. If a product becomes popular, its price may increase;
seasonality . During certain seasons (sales or holidays), prices may change in accordance with market trends;
cost price of goods . Sellers must take into account the costs of purchasing, storing and delivering goods when setting prices;
the policy of a specific marketplace regarding pricing, commissions, logistics.