Dynamic Repricing for Magento

Price Monitoring for Magento Stores

Integration and Competitor Price Monitoring for Magento Engine

Price monitoring is an important solution for Magento stores that helps retailers stay competitive by tracking market changes and adjusting prices accordingly. Thanks to the specialized tools, price monitoring has become easier and more accurate than ever before. Applications based on Machine Learning algorithms, such as Dealavo, can monitor competitors’ prices in real time, informing you of price changes that may affect your store. This will allow you to quickly adjust your own prices, ensuring the competitiveness and profitability of your business.

Start price monitoring!

Dynamic Pricing in your Magento store

Dynamic pricing is a powerful tool for the Magento stores. It allows you to maximize the profits and increase your customers’ satisfaction.

As the store owner, you will be able to adjust the prices depending on various factors, such as the assortment level, customer segmentation, or the competition prices. Using the Dynamic Pricing functionality, you’ll quickly react to the market changes and you’ll optimize your prices to get the maximum level of profitability.

With the Machine Learning algorithms, your offers will always be attractive, and the margin will be satisfying

Dynamic Pricing for the Magento stores is an effective way to increase the conversion and sale indicators’ levels. So don’t hesitate and check this solution out in your online store.

Check Dynamic Pricing!

We monitor your competitors’ prices

We integrate, you sell

To make your sales more effective, we will help you with the integration. Contact us and try out our demo. We will guide you to complete the entire integration process.

To easily integrate with Dealavo, our consultants will:

1. Integrate Dealavo with your Magento platform.
2. Set up your Dealavo dashboard.
3. Show you how dynamic repricing works.

Repricing in Magento stores

If you run a Magento online store, you know it how important it is to quickly adapt to the changing needs of customers and market dynamics. Which is why there’s the repricing feature, which allows you to easily adjust your prices to the current market conditions and customers’ demands.

How to achieve it?

Make use of the automated price management! At Dealavo, we offer you a tool based on double data verification and our specialized Customer Success team for your support. This guarantees complete satisfaction and support for your success. Join the ranks of our satisfied customers today and see how much you can gain with the repricing feature for Magento stores!

Plan your integration!

FAQ

Why should I use repricing in my Magento store?

Repricing is an effective way to maximize profits and stay competitive in the e-commerce market. By using the dynamic pricing feature in your Magento, you can be sure that your products are always priced at the most competitive level. This helps you get more sales and increase revenue while staying ahead of the competition. Repricing also allows you to monitor prices across channels so you can adjust your pricing strategy accordingly.

Do I need to use Dynamic Pricing in my Magento store if I don’t want to be the cheapest on the market?

We also do not recommend positioning yourself as the cheapest offer on the market. Price is an important factor in business, but our experience shows that the consumer’s decision-making process is also influenced by other factors (availability of goods from competitors, shipping prices, the reputation of the e-Shop, etc.). Our platform enables efficient implementation of pricing policy assumptions by integrating data and aggregating industry-specific attributes.

What are the major functionalities of Dealavo for Magento shop owners?

Firstly, you will understand the market – its volume, dynamics, and key players.
Secondly, by the instant reaction to the price change, you will increase your competitive strength.
We will recommend you the best price for your product.
Also, we will explain the source of your income changes.
Furthermore, you will be able to spot the price wars beginnings on the market.
All provided data may be easily analyzed, which will save you money and time.

How much does the integration cost?

At Dealavo you pay just for the price monitoring of the products you follow. Our service prices are discussed individually, as it depends on the volume of your assortment and the monitoring range. There is no universal price, but don’t worry, you will not be disappointed. We offer a 7-day trial, and after handing over the product feed to us, we will set up your account immediately, so you can start your first analysis on the spot.

How often the system can update the prices in my shop according to the price rules?

Thanks to the Dynamic Pricing platform and all the collected data, our algorithm can recommend a price that will attract the client, as well as guarantee you optimal profits. The system update may occur even a few times a day.

What input does Dealavo need?

Essential parameters are:
– product name,
– EAN (CounterPrice only),
– product ID.

The gross purchase price is also highly recommended, as that enables the user to set limits of suggested prices based on a minimal margin or markup.

Where does Dealavo share price recommendations?

Dealavo generates gross retail price recommendations according to the price rules set by the client and shares them in a gross retail price for the shop field.

We ensure a successful cooperation

Kasia, Customer Success Manager

I believe that better relations with clients equal a greater success for both sides. It’s very satisfying when I can help a client to maximize his values with Dealavo and achieve his long-term goals.
Ola, Customer Success

When it comes to contact with clients, the crucial part is kindness and an individual approach – an attempt to build a strong business relationship based on the client’s needs. At Dealavo we care for our clients success, that is why we do our best to make their work easier, by providing accurate data to simplify decision making process.
Kasia, Customer Success

In my job with clients, the most important factors are good relations and trust so I can show them the actual benefits of the cooperation. It’s hugely satisfying to implement solutions together and assist the clients with their daily work as well as their business development. It’s amazing to watch them growing.
Monika, Customer Success

The favorite part of my job is contact with people. It’s satisfying to help the clients and meet their needs. I enjoy being the client’s “voice” at Dealavo and taking care of the constant growth of our product. Happy client = happy me 🙂