We have price optimization function in our software (psqqq.com) .
Today I want to tell you more about that.
For starting price optimization project you need to collect competitors prices.
How to collect competitors prices?
We do that via our web scraping solution : mydataprovider.com
This service allows you to scrape data from source site (s) periodically (common case daily or hourly)
Import all competitors prices into psqqq
it is easy to do because psqqq has support for data import from mydataprovider.
Create suppliers feeds at psqqq
it is easy if you have suppliers feeds with actual prices and stocks
psqqq imports data from csv excel xml even from API (via custom scripts)
Define repricing formulas for price optimization function
It will allow you to define the best price for your products,
If competitor exits now for your product – we will try to define best price
If no – we will set max margin for product.
You can define different formulas based on brand,category, price range, currency, shipping etc.
If you need implementation for your business – contact us.