Highlights on upcoming features

We’ve transformed your pricing experience with our latest update. Our customers are facing increased challenges like high inflation, extensive legal requirements, and increased price competition. With the upcoming features, you can effortlessly view and manage product data, explore your pricing workflows, and gain full ownership over the pricing landscape. You will be able to use demand-based pricing, see live results on dashboards and improve you ROI (return on investment) in pricing.

This post goes through the 8 most important updates that will be released to Sniffie App during June 2022.

Highlighted features:

  1. Improved data tables

  2. "Open chat" -icon position changed

  3. Improved filtering

  4. Simple and quick pricing workflows

  5. Machine learning models with premade settings

  6. Pricing dashboards

  7. Pricing with live demand

  8. Omnibus support for campaigns

Improved product data tables

When you are pricing a high number of products it is vital that you can quickly drill down to right products. Select the right products and set those into pricing workflows immediately. Manage products in different workflows from the same view and make adjustments when needed. The improved product data tables give you a super easy access to any of your product related data from one simple view. With the product data tables you can control all your internal product data, product groups, campaigns, strategies, price changes and competitors. To make the use of it even simpler we updated our products filters. Filters that are simple, intuitive and include all your columns from a one view. We also separated product views so that your main view shows only your products. You can find competitors’ products from a separate view, if needed.

"Open chat" -icon position changed

With some screen sizes the chat icon came in the way of navigating the data tables. We decided to move the chat icon both to the top right next to the filters and to the bottom left to the navigation bar.

Improved filtering

Improved filtering is also developed based on customer feedback. Easier handling means quicker results. Instead of having advanced filtering options you have now quick filters and a general filter for all your columns in your database. Very intuitive, understandable and the initial feedback has been a success.

Read more about filtering here.

Simple and quick pricing workflows

Align your pricing team and level-up your pricing profitability with new pricing workflows and dashboards. Set products immediately to different pricing workflows from the product catalogue. The options for different pricing workflows are:

  1. One time price change with rules

  2. Dynamic pricing strategies

  3. Discount campaigns

  4. Markdown campaigns

  5. Profit optimization

  6. Markdown optimization

All pricing workflows are equipped we premade settings to simplify the user experience. Just select the workflow and give the actions you want, and you are good to go.

Machine learning models with premade settings

We fine-tuned our machine learning models to include premade settings. That means you can use premade setups for different purposes. Run markdown campaigns or optimize product profitability just by selecting the workflow. All your products can also be put to automatic demand analyzer that works on the background. By studying our customer usage we saw that there were certain settings that already gave the wanted end results. For more robust use cases, you are still able to modify our machine learning from simple settings.

Read more about our AI models here.

Pricing and profitability dashboards

Sniffie is dedicated to make your pricing simple. When pricing your products, you also want to see how profitable it will be. The new pricing dashboards are the answer. You can create premade dashboards or generate personal dashboards with selected widgets to drill down into your profitability and pricing on any level you want. It is easy to get where you want, when you know where you are going.

Pricing with live demand

Especially in times of high inflation, pricing matters. Price too high and you lose the volumes. Price too low and you make a loss. Knowing your market situation with the real insights on your actual demand is the key to success. Now you can quickly check what your demand is and how your competitors are positioned on the same view. This offers you an opportunity to plan prices before you make them. With all the data you really need. This feature is called price simulator, the name tells it all. We are including also a feature to set a bulk price changes based on your demand during the summer, so your work comes even simpler.

Read more about Price simulator here.

Omnibus support for campaigns

Our pricing campaign tool already collects each price point of our customers’ products every day which makes it quick and simple to show Omnibus prices in your online store. Once we have an integration up and running with your webshop, we can calculate the omnibus price for your products. To clarify, we only calculate the omnibus compliant price for you, it’s up to you to make sure that the price is visible on your website!

Read more about our approach to Omnibus compliant pricing here.

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