The Price Optimizer improves your profit by helping you find the best price for each of your products, whether it’s your best-seller, or a product reaching the end of its lifecycle. How it works: Each of your products performs differently. Some sell faster at higher margins, some may sit in the warehouse for a long time. The price optimizer divides your products into different groups based on their margin, sales performance, and number of views. Then the Price Optimizer applies a predefined set of business logic to every group and identifies the best action for each one. For example, if a low performing product is nearing the end of the season, the prize optimizer will automatically increase the discount significantly. Every company is different, so we tailor the Price Optimizer’s business logic to match your individual needs. Exponea’s Price Optimizer, make the most of every product.
