Repricing/Dynamic Pricing Rules

Automate your pricing strategies according to all your products, a specific category of products, or products with a particular brand compared to a specific competitor or all your competitors. We’ve provided some common scenarios below to help you with your pricing strategies. However, the possibilities of your pricing rules are endless to fit all your needs.

Repricing Dynamic-Pricing Rules by prisync

Compared to when online selling took over the world, consumer habits changed over the years:

  • Shoppers are highly price sensitive. They compare online prices so easily.
  • Seasoned sellers know they must compete on price due to price wars
  • Prices change frequently
  • Small businesses often maintain the same prices for extended periods, making it difficult to compete on price and giving shoppers the impression that they are too expensive, ultimately resulting in lost revenue.

Repricing with dynamic pricing offers the potential for increased profitability. It allows you to position your products strategically, market with less effort, and enhance profitability at your discretion. Use this strategy, and you’ll see what you’ve missed.

Cheapest Rule
Set your prices to be the most competitive with this rule.
Cheaper Rule
Set your prices to be cheaper than the average with this rule.
Average Rule
Set your prices to equal the average prices in the market with this rule.
Expensive Rule
Set your prices to be more expensive than the average with this rule.
Most Expensive Rule
Set your prices to be the most expensive in the market with this rule.

The simplest way to have dynamic prices!

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Our repricing/dynamic pricing engine has no limits on how many rules you can set according to many data points.