How to participate in Price drop deals?

How to participate in Price drop deals?

At noon, we’re always working to improve both the seller and customer experience. To help you drive more traffic, increase conversions, and maintain better margins, we’ve introduced a new deal type: Price Drop.

The Price drop deal allows sellers to enroll SKUs into deal campaigns by lowering their price, and noon further subsidizes it to get the lowest possible final customer price. In return, enrolled SKUs receive enhanced visibility through deal tags.

To understand how the Price drop deals works, let's take an example: 

Deal Name

15% Price Drop - 7.5% Seller + 7.5% noon

Enrollment Price

100 AED

Seller Discount - 7.5%

7.5 AED

Seller Post Discount Price

100 AED - 7.5 AED = 92.5 AED 

Additional discount by noon - 7.5%

7.5 AED

Final Price to the Customer

100 AED - 7.5 AED - 7.5 AED  = 85 AED


Your commission is calculated on the Seller Post Discount price. In the above case, it will be calculated on 92.5 AED

InfoNote: The percentage of contribution will be decided by noon and will be shown in the details of the deal before you enroll in it.

Let's move on to the Seller Lab to understand how to participate in Price drop deals.

How to access Price drop deals?
In order to access the Price drop deals on Seller Lab you can follow these simple steps. 

- Log in to the Seller Lab and then in the navigation menu, click on Promotion and then select Deals.



- In the next page, you will see an option called Price drop. Click on it to view all the Price drop deals active on the Seller Lab.

How to participate in Price drop deals by selecting SKUs manually?
You can enroll the SKUs in the Price drop deals in a single upload following these simple steps.

- In the Price drop deals, you can choose which campaign you want to enroll in. Click on the Enroll button. Then click on Add SKUs manually


- You will see the details of the deal along with the contribution between noon and seller. You will also see the duration of the deal and the recommended category.


- You can search for the SKUs in the search bar and then select the SKUs that you want to enroll. The selected SKUs move to the right side. Then you can click on Next.


- In the next step, you are requested to update the enrollment price and the deal stock 
NotesNote: You will also see the recommended price from noon, and your enrollment price should be less than or equal to this suggested price.


- Once you enter the enrollment price the system will calculate the Seller post-discount price. Then click on Submit to enroll the SKUs.


- A pop-up appears on the screen requesting your confirmation to enroll the SKUs. Click on Yes, Submit to confirm.


- Once the SKU is enrolled, you will be able to track the performance of the deals. You can see the number of units sold and the revenue generated. You can also see the SKUs that are approved, rejected or pending based on the color coding.


How to participate in Price drop deals by enrolling SKUs in bulk?
To participate in the Price drop deals in bulk, you can simply follow these simple steps.

- In the Price drop section, select the deal you want to participate in and click on Enroll. Then select the option Bulk Import SKUs.


- In the next step, click on the hyperlink as shown in the screenshot to download the template. 



- Then you need to fill in the details as requested in the excel file as indicated below. 


- Once the sheet is filled, save the file as CSV, TSV or XLS and proceed to upload it to the seller lab. 



- Once the file is uploaded, you need to click on Submit to proceed further. 
NotesNote: In case you wish to remove or change the upload sheet, you can use the bin option to remove the sheet and upload the correct sheet again.



- The uploaded sheet will be visible at the bottom and the status will reflect if the sheet is uploaded successfully or not. 



How to edit stock and enrollment price for enrolled SKUs?
Once the SKUs are enrolled in the deal, you can still edit the enrollment price and the deal stock by following these simple steps

- In the Price drop section, click on the View Details button.


- You will see the details of the details and the SKUs that are a part of the deal. Click on the Edit button.


- A pop-up appears on the screen where you can adjust the deal stock and price amount. Then click on Save Changes to update the changes.


Managing Price drop deals
In addition to the above-mentioned actions, there are some additional functionalities that you can take on the Price drop deals.

1. Search for a specific deal
You can locate specific campaigns instantly without scrolling. Use the search bar to find any deal by its unique name, ensuring you can jump straight into the deal you want to be part of.

2. Filter for upcoming or ongoing deals
You can filter the deals based on their timeline. Easily switch between Upcoming deals to prepare your inventory or Ongoing deals to monitor active performance.

3. Filter for category specific deals
You can narrow your search to a specific product category. Use the Category Filter to isolate deals within a particular department, making it easier to manage diverse portfolios.

4. Track enrollment status and stock
Once your products are enrolled, take a deep dive into their performance. You can filter individual SKUs by:
  1. Status: See what’s active or pending.
  2. Activation: Track if the SKU is active or not active.
  3. Stock Exhaustion: Identify high-demand items that are running low on inventory to replenish it.

5. Add more SKUs to live deals:
You can use the Add SKUs option to add more products to a deal even after it has started, allowing you to offer more amazing discounts.

 That’s it!
 

Got more questions? 
Contact us at seller@noon.com

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