Increasing Your FBA Profit Margins by 10-30% Using Dynamic Pricing with Chad Rubin [Ep.122]

Amazon sellers need to be flexible to adapt to market
fluctuations, changes in consumer behavior, and supply chain
disruptions. But one area where they tend to remain rigid is in
their pricing. 


Chad Rubin believes this is a fatal flaw for FBA business.
This flaw inspired him to create Profasee, a dynamic repricing
tool that helps sellers maximize profits without sacrificing
their product ranking on Amazon. 


In this episode, Chad joins us to discuss the origins of
Profasee and walks us through his experiences as the founder of
Skubana and co-founder of the Prosper Show. He shares why he
chose to exit those businesses, and the challenges of being a
multi-disciplined entrepreneur running eCommerce, agency, Saas,
and event businesses.


Chad explains how Profasee was born out of his need to
revive his flagging eCommerce business, and how pricing is an
often overlooked growth opportunity by Amazon sellers. According
to Chad,


"Your price should never be
static. Especially in a fast marketplace like
Amazon. Your competitors are changing prices. Your inventory,
stock positions, your positioning on Amazon, your BSR, your ad
spend - everything is changing. So your price should always
change too. It's the quickest lever to pull that
nobody's pulling on Amazon."


Chad also debunks some common misconceptions about Ai in
SaaS and shares how he integrated Ai into Profasee to forecast
optimal pricing. We dig into the signals and data that his Ai
uses to calculate dynamic pricing, and how his data science team
co-pilots the Ai. 


Plus, Chad shares his predictions on upcoming trends that
will shape the Amazon FBA industry in the coming years, including
how embracing Ai is the key to ensuring the longevity of your
brand. 


This episode is overflowing with information on how to
maximize your profits, stay ahead of the competition and secure
the long-term success of your online business. Don't miss
out!
Topics Discussed in This Episode:


A brief look into Chad's background and entrepreneurial
journey (02:11)


How Chad manages multiple brands simultaneously
(04:50)


How an Integrator can help businesses grow (07:41)


The mistakes and obstacles Chad faced when building
Skubana (10:12)


Chad sheds some light on his exit from Skubana
(13:40)


How Chad became involved in the creation of Prosper show
(23:51)


A breakdown of Profasee and how it uses Ai to calculate
optimal pricing (30:27)


The most common mistakes FBA sellers make when it comes
to pricing (42:51)


The trends Chad foresees in the Amazon FBA industry
moving forward (50:29)

Mentions:


Empire Flippers Podcast


Empire Flippers Marketplace


Schedule a call with our expert sales
advisors 


Create your own Empire Flippers account


Profasee


Prosper Show


Chat GBT



Sit back, grab a coffee, and learn how
to gain the upper hand on Amazon by using dynamic
pricing!