Set your first repricing rule
Repricing is the feature that pays for itself fastest. The common mistake is treating it like a lever to pull only when you want to react. Done properly, it runs continuously.
Before you start
You need three numbers per SKU: a cost floor (the price below which you refuse to sell), a ceiling (the price above which you believe demand falls off a cliff), and a margin target (the margin you'd like to hit when competition allows).
Create the rule
From Repricing → New rule, choose a SKU or set of SKUs. Enter the three numbers. Pick a repricing cadence — 15 minutes is the default and covers 95% of use cases; hourly is fine for low-volume, high-consideration items.
How Meridia decides a price
At each tick, Meridia looks at live competitor prices (for channels that expose them), your current velocity, stock position, and the target margin. It picks the highest price that keeps you in the Buy Box (or equivalent) without breaching your ceiling.
Watching a rule run
The rule's detail view shows every price change Meridia made, the reason, and the outcome (did velocity hold, did competition respond). The first 48 hours of any rule are the most informative — expect some oscillation before Meridia settles into a rhythm.
When to pause
If a rule is chasing a competitor below your floor, Meridia will hold at the floor and email you. That's a signal the market has changed and you need to re-examine the SKU's economics.