Introduction

If your product is underpriced on Amazon, the worst thing you can do is fix it with a single jump. The safer way is to raise the price in steps you can actually sustain, keep those steps far away from deal events, and let a coupon decide what the shopper pays while the new price settles in.

This approach is necessary because of how Amazon looks at your price history. The “was” price displayed on your listing is the median price that customers paid on Amazon over the last 90 days. If you run a sale for six weeks, Amazon treats that sale price as the new normal price for your product.

We see this situation happen all the time. A promotion goes on too long, and suddenly every step looks like a price hike to Amazon and like a worse deal for the shopper.

Our team manages $100M+ in annual client revenue across 50+ brands. Below is how we safely increase the price on an Amazon listing on Seller Central (3P) accounts.

How do I raise my Amazon price without losing sales?

There are four moves you need to make, and you should do them in the following order:

  1. Review your last 90 days. This review will tell you how Amazon will rate your next discount, so look at what shoppers actually paid and for how long.
  2. Raise in steps you can hold. A step you will have to reverse a week later doesn’t help you; it just adds noise to your price history.
  3. Stay away from the deal windows. Amazon compares your prices to your recent lows, so a new price hike right before Black Friday puts you at risk.
  4. Let a coupon dictate the shopper’s price. The coupon will take care of the discount and the sticker price remains at the new price.

This is precisely the issue a sports brand approached us with. Amazon likely treated its $119 sale price as the normal price because it had been there so long.

Our plan was to price the product at $135.99 and keep it there for a month and then add a coupon that takes the shopper back to roughly $119. If Amazon was going to push back on a jump that size, the fallback was to raise the price by a few dollars every couple of weeks.

Why does Amazon treat your sale price as the new normal?

Amazon will only show a discount if it can verify it against a reference price. There are two of them. The list price is the one you submit and Amazon validates, while the typical or “was” price is what Amazon calculates based on what customers have actually paid.

How Amazon calculates the reference price for discounts

The “was” price is the median price paid on Amazon over the last 90 days. In this calculation, the prices paid during limited-time deals are excluded, but your own manual sale prices are included.

What this calculation means is simple. If you sold at the sale price for more than half of those 90 days, the median is the sale price. So, before you get anything set up, you should check how many of these 90 days you sold below the price that you really want.

A drink brand that came to us learned this the hard way. Originally priced at $37.99, the product went on sale for $31.99, and then Amazon began measuring every subsequent discount against the $31.99 price.

Strikethrough price rules: why a higher List Price isn't enough

You can’t simply enter a higher List Price into Seller Central and expect to see a strikethrough price. Amazon confirms that List Price before it shows it to anyone. So plan your strikethrough based on your actual selling history. That’s what the “was” price is based on.

What happens if you raise the price too fast?

Usually there are three things that happen.

Your discounts start to look smaller or they get denied, conversion drops as shoppers adjust to the new price, and you can lose the Featured Offer. This is the exact offer that sits next to the “Add to Cart” button, and most sellers call it the Buy Box.

In its pricing guidance, Amazon lists a price that is significantly higher than recent prices for the same product as one of the tactics to avoid, and it states that it might remove your Featured Offer in response. Its Buy Box guide also lists a price that is too high as a reason an offer may become ineligible.

What Amazon never does is quantify “significantly.” This is the main reason why every pricing plan we write includes a smaller fallback step.

How to avoid losing the Buy Box when you raise your price

To avoid this situation, make sure you check the Featured Offer daily for the first week after each step. If you lose it, go back to the last price that held and take a smaller step next. Small steps are easier to defend, because Amazon is comparing you with your own history.

How to stage a price increase, step by step

Do this one product at a time: if you test 5 products at once, the results won't tell you anything.

  1. Pull 90 days of price and sales data from your Seller Central reports and pricing log. List the most common price shoppers paid and the length of any sales.
  2. Freeze your ads. During this time, you should not start new campaigns or run bid tests. Changing two things at once makes it impossible to know which one affected the numbers.
  3. Pick a first step that you can live with for about a month.
  4. Remember to monitor the following four metrics: conversion rate, ACoS, TACoS, and organic rank, and compare the same number of days before and after the change. Check daily for the first week, then weekly.
  5. Step again or fall back. If the numbers hold, make sure you do the next move. If Amazon rejects the price or you lose the Featured Offer, switch to smaller steps of a few dollars every couple of weeks.
  6. Add a coupon once the new number has some history behind it.

The step most brands miss is freezing their ads. A consumer brand came to us after new ad tests drove up both their ACoS and TACoS, and they wanted to change the price at the same time. We kept the two separate and planned a staged price test on its own, from $18 to $20.

So, how do you know if the conversion has really dropped? For this purpose, you need to use your pre-test conversion rate as your baseline and not an average from a category.

For context, the median conversion rate across the 66 Amazon accounts we looked at in September 2026 was 8.05%, and it varies from one category to another. If a step results in a drop that lasts for a whole week, the drop is your signal to step back.

If you need a quick refresher, here is what good ACoS looks like and how TACoS differs from ACoS. Always monitor TACoS as closely as possible during the test. If it goes up, it means your ads are paying for the sales that you lost with the new price.

When should you use a coupon instead of changing the price?

Use a coupon when you want to change what the shopper pays, without changing what your listing says the product costs. Then, shift the price only if you want the new level to stick.

Our rule of thumb: anything temporary gets a coupon. This includes tests, seasonality pushes and softening a step-up. Every manual sale price that you run can become your next reference price and that is what happened to the drink brand.

There is one caveat here. Amazon doesn’t state if the "was" price includes coupon redemptions, so instead of assuming, check your listing’s “was” price after each coupon run.

Coupons can do a lot more than just lower the price. For Azul Botanicals, the Subscribe & Save coupons made up 43% to 100% of the new subscriptions each month, and the sticker price remained the same. If you want to learn how Amazon coupons work for eligibility, fees and setup, check out our guide.

Why timing matters around Black Friday and Q4

Amazon says it works to have its deals offer the lowest price in at least the last 30 days. In practice, the rule means you will compare your deal price against the lowest prices you charged recently, and this approach creates two problems.

If you raise the price right before a deal event, you have almost no history at the new level, so your discount will look thin. On the other hand, a short price cut a few weeks earlier can set the benchmark that your Q4 deal must surpass, even if the cut only lasts for a few days.

Our rule is simple: raise the price well before or after the Q4 deal events, but never in the run-up.

From our accounts

Three of these brands came to us with the problem, so their rows show the plan, not a final result. Azul Botanicals is a client result.

Brand What they came to us with What we saw or planned
Sports brand$119 sale price that ran for weeksList at $135.99, hold about a month, coupon back to about $119. Fallback: a few dollars every couple of weeks
Drink brandList price $37.99, sale price $31.99Amazon used $31.99 as the baseline for future discounts
Consumer brandACoS and TACoS up after new ad testsKept ads steady and planned a staged test from $18 to $20
Azul BotanicalsWanted more subscribers without cutting priceSubscribe & Save coupons drove 43% to 100% of new subscriptions per month

The pattern is always the same. Long sales set the baseline, staged steps build it back up, and coupons control the shopper price in between.

How do you know if your price history is working against you?

Most brands only get the news when a deal or price hike goes wrong; however, the signs generally appear on the listing long before that. So, the first place to check is the “was” price on your product page.

If it shows a number that was near your old sale price instead of your regular price, then Amazon has accepted the sale price as your normal one, just like it happened with the drink brand.

A second sign is when you try to run a deal. If Amazon rejects your deal or your discount appears way under what you're hoping for, your recent lows are likely setting the bar, and the deal price isn’t low enough to top them.

The third sign is the Featured Offer. If you raise the price and lose the Featured Offer within a few days, Amazon is reading the new price as too far from your recent history. If so, the step was too big, and a smaller step will generally perform better.

At Olifant Digital, these are among the first things we look at in a new account audit, before we touch any pricing. If you see even one of them on your listing, it means your price should increase in stages, not all at once.

What to do this week

Get the last 90 days of price history for your top product in Seller Central, as this data will allow you to see what shoppers actually paid and how long any sale lasted.

If you see a sale price that ran for weeks, you should not try to fix it with one big jump. Instead, expect to build gradually, and make sure the first step is one that you can sustain for a month.

Any increase that occurs should be well outside of Black Friday and the other Q4 deal events. If you push the price too close to them, you will have little history at the new price.

Also, if you want to change what the shopper pays, instead of moving the sticker price over and over, use a coupon, as this will allow your price history to stay clean and Amazon will still see the new price as your normal one.

Frequently asked questions about raising Amazon prices

Will raising my Amazon price hurt my ranking?

It can, but not directly. When you raise the price, Amazon won't lower your rank just for that. What it really looks at is how well your product sells, so if fewer people buy at the new price, your organic rank can slowly slide over the next few weeks.

To avoid such a scenario, you need to raise the price in stages and keep your ads steady while you do it. Then, check your conversion rate and rank every week so you can step the price back down before a small drop turns into a bigger one.

How long should I wait between price steps?

You want to wait long enough to see how shoppers really react to the new price. If you made a bigger jump, wait a month or so before you bring in a coupon. With smaller steps, a couple of weeks for each one is usually enough to see if the price is holding.

Can I use a coupon and a staged increase together?

You can, and this is how we run it for most of our clients. The sticker price goes up slowly, step by step, and the coupon decides what the shopper pays until the new price settles in. This approach prevents the shopper from facing the full price increase immediately while allowing Amazon to track the new price as it builds up in your history.

Does Amazon tell you how much you can raise a price?

Unfortunately, no. Amazon only warns sellers when prices are “significantly higher than recent prices,” but it never explains what this “significantly” means in real numbers. So, the safest thing you can do is to base your steps on your 90-day price history, and if you lose the Featured Offer at any point, step the price back down quickly.

Should I change my List Price before my selling price?

The best way to get the process started is to use your selling price history, as this is what Amazon uses to calculate the “was” price. If you just raise the List Price, it doesn’t give you a strikethrough because Amazon checks that number before displaying it.

So, what you need to do is set your List Price at the price you want to get and then gradually build your selling history toward it in stages.

Final thoughts

Raising your price on Amazon is less about the new number and more about the price history that is behind it.

Amazon evaluates every price and discount based on what shoppers have actually paid in the last 90 days, so a sale that has run too long continues to hurt you until you slowly build a new price history on top of it.

The good news is that you can fix it, as long as you don’t rush it. Increase the price slowly, keep the increases away from deal events and let the coupons take care of what the shopper pays in the meantime.

This will allow you to reach the price you want without losing any sales or your Buy Box along the way.

Don’t know how Amazon will read your price history? Our team can run this process for you. We offer a 60-day guarantee: if we don’t improve your performance, you don’t pay.

You can see how our Amazon account management works or get your free marketing plan to find out where your pricing and your account have room to grow.

Alex Stoykov
Article by:
Alex Stoykov
WRITTEN BY:
Alex Stoykov

Alex is the founder and CEO of Olifant Digital, where his team manages over $100M in annual Amazon client revenue across 50+ brands, and he runs a 7-figure Amazon brand of his own. That operator background shapes how the agency works: every tactic is tested with his own money before it reaches a client account. He oversees PPC methodology, creative, and conversion rate across all client accounts to make sure Olifant Digital scales brands profitably.

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