Dynamic Repricing for Shopify

Price Monitoring for Shopify Engine

Integration and Competitor Price Monitoring for Shopify Stores

According to statistics, Shopify is one of the three most popular e-commerce platforms in the world. Its advanced functionalities, intuitive user interface, and a high organic traffic value make many retailers decide to sell their products right on this platform.

Shopify’s popularity has its drawback as well. One of them is high competitiveness in offers. However, there’s a way around it.

Shopify price monitoring is crucial for businesses that want to stand out among the other stores. Using price monitoring tool will allow you to track prices of your and your competitors’ products. It will make it possible to take a better pricing strategy.

This way, you will be able to adjust your offers more easily to the current market trends and changing competition. Price monitoring allows you to achieve great results with a minimum amount of time and effort invested. That’s why it is worth putting this technology into use for your advantage!

Start price monitoring!

Dynamic Pricing in your Shopify store

Since the e-commerce market has become so competitive these days, it is essential for online retailers to use tools which enable them to better manage their prices. Dynamic pricing in Shopify stores is an excellent approach to do this.

Thanks to dynamic pricing, you are able to adjust your prices to reflect real-time market changes. Everything happens automatically based on the rules you had set before. Dynamic Pricing is a solution that allows you to save time and reduce the risk of errors while simultaneously increasing sales profits.

Try 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 Shopify platform.
2. Set up your Dealavo dashboard.
3. Show you how dynamic repricing works.

Repricing in Shopify stores

If you own a store on Shopify, you know how important it is to keep up with ever-changing customer demands. Repricing makes it easy for you now to adjust your prices according to market conditions and customer demands, allowing you to stay one step ahead of the competition.

Our double verification of data will provide you with access to the information of the highest quality. Working with us not only means satisfaction guaranteed, but it also gives you support from our specialized Customer Success team. As professionals in our field, we’ll be happy to help you achieve success. Don’t wait – join the ranks of our satisfied customers today!

Plan your integration!

FAQ

Why should I use repricing in my Shopify 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 Shopify, 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 Sote 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 Shopify 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 🙂