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The Repricing Feature Has New Updates

13:44 10 November in New Price2Spy features
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Although Price2Spy is offering a variety of features, and we’re constantly working on their improvement too, the Repricing feature always stands out as one of the most important ones. 

That’s why we’re here with a couple of important updates. 

Repricing Feature Update

Additional repricing frequencies

Up until now, automated repricing could be set for execution every day every 3, 6, 12, and 24 hours. Additional execution frequencies were enabled for all delivery methods. 

From now on, repricing can be done every 2, 3, 5, 7, 14, and 30 days. New frequencies can be set in Account>>Account settings>>Repricing

Additional Repricing Frequencies

Individual products can be excluded from repricing

Many of you have brought to our attention that you do not always need to reprice all the products. Sometimes you would like to exclude some of them. Until now, Price2Spy didn’t have this option, but from now on you will be able to exclude individual products from the repricing procedure. 

This new option (a checkbox) allows users to exclude individual products that they don’t want to reprice. When this checkbox is used for a certain product, that product will not be included in repricing strategies. 

The new checkbox is located in every Add/Edit product page in GUI. It is unchecked by default for all products.

Individual products can be excluded from repricing

Products without Cost price don’t have to be repriced

Another novelty is that products without Cost price don’t have to be repriced. Account>>Repricing>>Repricing settings has a setting dropdown Profitability indicator. One of the two options in this dropdown is Markup.

When this option is selected, an additional checkbox that appears is created: Calculate repricing suggestions even if products don’t have a Cost price.

All active (paid and trial) clients that already use repricing and have Profitability indicator = Markup have this new option checked by default.

All new clients will have Profitability indicator = Markup by default (like usual), but will not have this setting checked by default.

Clients that have Profitability indicator = Profit margin set are not affected, meaning the new checkbox is not displayed when this option is used.

Exclude from repricing – additional validation for this feature

Previously, we informed you about the Exclude from repricing checkbox that is present on add/edit product page. It allows users to exclude certain products from repricing calculations. An additional condition for this checkbox is created, and it hides the checkbox if the account doesn’t have a repricing add-on set in admin, and doesn’t have Repricing settings configured in GUI.

Additional data is included in the repricing file

You are already familiar that you can receive repricing files via email, FTP, and SFTP. This file now includes additional columns that can be found on the Opportunity URLs page.

They are:

● Cost price

● Current profit margin or Current markup (depending on which info is displayed on the Opportunity URLs page)

● Suggested profit margin or Suggested markup (depending on which info is displayed on the Opportunity URLs page)

repricing file

‘Select all’ option created for repricing

Select/Deselect all option was created for the Sites filter on numerous pages (My products, Reports, etc.) and now the same is done for the Repricing section – Opportunity URLs.

Account>>Repricing>>Repricing opportunities>>specific strategy>>Affected products column>>click on a number (for Clever drop, clever raise and Stock / assortment opportunity)>>Opportunity URLs

Clicking Select all selects all Individual sites and Countries, and clicking it again deselects them all.

We hope this will make repricing even easier to use. As always, in case you have any questions, feel free to reach out to support@price2spy.com

 

About Price2Spy

 

Price2Spy is an online service that provides comprehensive and suitable solutions for eCommerce professionals including; retailers, brands/manufacturers and distributors in order to stay profitable in the current competitive market conditions. If you want to learn more about what Price2Spy can do for your business, please start your 30-day free trial.