Help to automate a repricing tool using if statements

mrjiggle

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Joined
Jan 22, 2018
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skustkstk weeks lefttotal week salesuk salesgermany salesspain salesuk profitgerman profitspain profitTotal uk proftotal german proftotal spain prof
pen100001010005005000£1£3£5£500£1500£0

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Hey Experts!

I'm trying to create a repricing tool which will provide prompts for repricing based on defined parameters.

We currently have over 2000 skus listing on various marketplaces at different profit levels.

Using the above example I need the user to easily identify skus to reprice, in this scenario you can see spain is making no sales because the profit level is too high at £5 which will prompt a price reduction. Germany is making the most profit with sales level to the UK, if stk weeks left was below 2, I would prompt a price increase for UK.

Potential scenarios

Stk weeks left is below X and country X profit is below X then increase selling price

Stk weeks left is above X and country profit is above X then lower selling price

If country X achieves X sales and country X profit is below X then increase selling price

If country X is below X sales and Country X profit is above X and
stk weeks left is above X then lower selling price

So basically the aim is to maximise profit in all countries when stock weeks is low/or reaches certain defined sales i.e 30 a month and to lower prices when stock weeks is high.

Hope this makes sense! appreciate any help or alternative solutions.

THanks

Jay​
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Excel Facts

Does the VLOOKUP table have to be sorted?
No! when you are using an exact match, the VLOOKUP table can be in any order. Best-selling items at the top is actually the best.

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