Relisting is done via the Manager Menu.
What is the Relist Rate and why does it have to be entered here?
The relist rate is the minimally acceptable sell through rate that an item must achieve in order for the system to automatically post additional auctions. EZLister.net recognized early that eBay was an effective channel for liquidating multiple quantities of the same item. When items are moving off the market, then it is necessary to have a constant supply of product available. However, when items begin to meet market resistance, then it is necessary to make the fundamental business decision of "Do I continue to try and sell an item that is a slow mover." To reflect this, EZLister.net pioneered the concept of Performance Based Posting. Briefly, the system constantly monitors the sell through rate than an item, or SKU, is achieving and compares it with the relist rate input by management. When the sell through rate exceeds this relist rate, then additional items are automatically posted to the auction site as they are sold or expire. When the sell through rate is below the desired relist rate, then the item is place on a Non-Performing Item report alerting management that there may be a problem and allowing them to make the appropriate decisions and desired changes.
In the EZLister.net system, the Administrator sets the company wide, default relist rate during their initial setup process. However, it is likely that the characteristics of some items will render the default relist rate entered as to high or to low. In those cases, the manager can override the default relist rate, and enter a more appropriate one here while entering the item into inventory. This is a logical time to make such a decision and increases the flexibility and overall usefulness of the system.
I liquidate products for others, and I never know what product I will be receiving. Can I use your inventory system?
EZLister.net's inventory system is versatile and flexible. It allows the entry of as many individual items, or SKUs as you would like. Furthermore, it stores this information on the system for at least one year, currently longer, allowing you to search for and reuse information previously entered into inventory.