Scope
This product sheet defines basic informed price calculation in the context of product linkages held for the client.
Prices informed by matches held and competitor prices scraped for these matches in same currency as client products.
Applies to all products for which a cost price has been supplied.
Requires matching service.
Definition
The Basic Informed Price Calculation service:
- Uses client supplied cost price
- Allows specification of a minimum margin percentage or minimum monetary margin figure
- Allows specification of a percentage or monetary competitive pricing figure by which to beat lowest competitor price
- Applies minimum margin and competitive pricing figures to all matched products
- Displays client product cost price and informed price on web match query report and price tracking report
Input Required From Client
- Client cost price
- Minimum margin figure (percentage or monetary figure)
- Minimum competitive pricing figure (percentage or monetary figure)
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