Set to target value pricing action is one of the pricing actions available in Sniffie's pricing module. This action requires you to have price monitoring module enabled in order for you to use it.

Set to target value pricing action overlay open.

What operators are available for "set to target value" pricing action

  1. Market average: sets price to the market average. Market will not include your own website(s)

  2. Market maximum: sets price to the market average. Market will not include your own website(s).

  3. Market median: sets price to the market median. Market will not include your own website(s).

  4. Market minimum: sets price to the market minimum. Market will not include your own website(s).

Defining conditions for the market entries in "set to target value" pricing action

You are able to define conditions in the market entries. By clicking the "+" button in under the Conditions. This opens up an overlay, where you can define the necessary condition for the product to be included in the market (pictured below).

Add a condition in the

In the above image, the first selector defines the boundry of the condition (i.e. above or below). In the next selector, you defined the field of the conditions (in this case availability). In the third selector, you define if the condition is % or units. In the field you type the value. For example, having the information "Above Availability 1 units" only considers products with at least 1 unit in stock as ok to be included in the evaluation of market.

Clicking cancel cancels the condition. Clicking add adds the condition in this action (pictured below).

Defining what competitors are considered in the market

By default, all competitors are included in the market evaluation. If you want to select only some competitors, you can enable this by defining the market switch on. This shows a select option field, where you can define the condition. Selecting one or many from this only considers these competitors in the market. In the below image, only "Competitor 1" is considered in the market evaluation even if prices are available for Competitor 2 and 3 as well.

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