I launched a new product in January. Got Vine reviews in, then dropped price to a very competitive level ($9.99 vs market $14.99–17.99). Ran auto + manual campaigns, and it did really well.

First batch was running low, so I gradually raised price from $9.99 to $14.99 over a few days. At $14.99, it was still selling fine — around 15 units/day for 4 days. Then I slowly lowered it back down — $12.99, $11.99 — but sales kept dropping. By early February, I was back at $9.99, but I was only getting about 3 units/day. Ads started converting poorly too.

I’ve been selling on Amazon for a few years and never seen this before. Normally when I lower price back, sales come back. This time they didn’t.

Main keywords are still ranking reasonably well according to a third‑party tool, but conversion is way down. My rating is 4.5 stars — same as market average. My price is still the lowest by a good margin.

What’s going on? Is this a natural rank drop? Did I mess up the listing weight by changing price too fast? Any insight would help.