What is a dynamic pricing strategy?

A dynamic pricing strategy is beneficial for you when you have highly price-sensitive products, and it's crucial to react fast to changes in competitor prices.

With this strategy, you can choose how and to which competitor prices you wish to react on. Please notice that competitor availability information is available only for specific modules.

How to make a dynamic pricing strategy?

  1. Start from "products" and choose the products you wish to add to the strategy. Use filters to find desired products. Choose the products and click "Assign pricing actions to selected."

2. Choose "Create dynamic pricing strategy."

3. Following view will open, from where you can choose the pricing actions and pricing safeguards, strategy settings, and backup actions.

4. After you have done and confirmed your strategy, Sniffie will help you keep your prices up to date, just like you wanted.

Did this answer your question?