eCommerce Pricing Engine
Don’t Know What an eCommerce Pricing Engine is?
Our software as a service offers the ability to find your comprehensive competitive landscapes for each of your products, and the provides intelligence to make smart pricing decisions in seconds, not hours.
Watch this quick video.
Kudos to BlackLocus team members Hajin, Lukas and Matt for this wicked awesome video!
VIDEO TRANSCRIPT
BlackLocus is a powerful and affordable e-commerce competitive pricing engine for eTailers large and small. BlackLocus can scale from one product to millions of products and find unlimited competitors for each one. Best yet the actual data empowers you to put your best price forward.
Say I’m an online electronics retailer. This is my BlackLocus dashboard. Let’s start with the top competitors report. Here I can see my top competitors, their online popularity and the number of products we have in common. Better yet, I can see a snapshot of how our prices compare. I want to see more about this competitor. They have slightly more traffic than I do. Over forty percent product overlap and I’m pressed below them seventy nine percent of the time. I could be leaving money on the table. Let’s star this competitor as a favorite and create an alert.
I want to be alerted whenever my price falls below the lowest price of my starred competitors by five percent or more. So now that the alert rule has been created I’ll be notified by email whenever my prices fall below my starred competitors.
Now let’s click into this alert. This is a list of all the products that match my alert settings. Let’s drill down into this product.
This page shows me the comprehensive competitive landscape for this particular product. Looks like I’m sixty four dollars below my nearest competitor. Over here I can see historical pricing data. I’m the blue line. The price trends on this product are going back up.
It’s definitely time for me to increase my price. To do that I’ll export this data into a csv file. Now I can upload these price changes into my shopping cart, my marketplaces and other price comparison engines. Competitive pricing analysis is now quick, powerful, and affordable with BlackLocus. Schedule your demo today.
