E4 - Advanced Informed Price Calculation

This document defines the Advanced Informed Price Calculation service.

Return To Product List

Return To Packages
 

Scope

This product sheet defines advanced 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 Advanced Informed Price Calculation service:

  • Uses client supplied cost price
  • Allows specification of a minimum margin percentage or minimum monetary margin figure on individual products
  • Allows specification of a percentage or monetary competitive pricing figure by which to beat lowest competitor price on individual products
  • Allows selection of groups of products against which to apply pricing rules
  • Applies minimum margin and competitive pricing figures to all selected 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
  • Selection of individual products and application of
    • Minimum margin figure (percentage or monetary figure)
    • Minimum competitive pricing figure (percentage or monetary figure)
 
Back to List