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Price Optimization
What is Pricing Optimization?
What is Pricing Optimization?
Jessica Crutcher avatar
Written by Jessica Crutcher
Updated over a week ago

Purpose

Price Optimization allows you to build Strategies and order them to automatically assign a new Price Recommendation any time a Product record (or an associated Competitor Listing) is updated.

Each updated Product record will be evaluated against the ordered list of active Strategies sequentially until a Price Recommendation is generated.

Within the module, there are tools to evaluate the impact of making adjustments to Strategy order (Simulation Mode) and individual Strategy logic (Live Preview) before saving changes and impacting the live environment.

Additionally, Price Recommendations generated by the Price Recommendation Engine can be reviewed in the Price Inspector in the Wiseboard

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