Price2Spy has a Repricing module that allows clients to define pricing strategies according to their needs. In this particular case, the client has configured its Repricing to be calculated 4 times per day. Moreover, they decided to turn on the Automated repricing. Automated repricing is a very appealing feature to many online merchants. It is attractive and popular among retailers because it seemingly makes the price change process fully automated.
When a client needs to monitor dozens of thousands of products, we usually propose Automated repricing. It’s a real-time saver, and even more important, it provides the much-needed accuracy that couldn’t be achieved by manually monitoring such a huge number of products.
Repricing is performed via Direct Repricing to the client’s BigCommerce store. Also, it’s worth mentioning that on average Price2Spy calculates:
- 5-10 products for Clever Drop
- 3-5 products for Clever Raise
Price2Spy is also known for its customizability. This time we enabled a client’s team of 4 pricing managers to log in to Price2Spy on a weekly basis to check analytics/trends.