Dynamic Repricing for SOTE Internet Shops

Price Monitoring for SOTE Internet Shops

Integration and Competitor Price Monitoring for SOTE Engine

To run a successful online store, it’s crucial to have knowledge of what your competitors are up to. Discounts and product prices monitoring as well as other factors that influence pricing decisions are essential for developing an effective pricing strategy.

A detailed analysis of the collected data is the key element to achieve success. By integrating Sote and Dealavo platforms, you will gain insight into your competitors’ pricing tactics and develop a winning pricing strategy. You can be sure that your store will remain competitive and will keep drawing new customers with attractive offers.

Start price monitoring!

Dynamic Pricing for your Sote Store

Dynamic Pricing is an incredibly useful feature for sellers who want to adjust their prices according to changing market conditions. By integrating Dealavo with the Sote platform, you can easily modify your product prices in real-time, without the need to manually update your price lists. This not only saves time but also enables you to focus on more important tasks in your work.

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

Repricing for SOTE stores

In order to meet your customers’ needs, it’s worth investing in the repricing fuctionality for Sote stores. Thanks to the price monitoring tool with the Dynamic Pricing feature, you can always be in control of your product prices, regardless of the circumstances.

With our help, you can make sure that your products will stand out among the competition. What’s more, we guarantee that we’ll deliver only the highest quality data, thanks to the use of the double verification method.

Our specialized Customer Success team will oversee the entire collaboration process.

Plan your integration!

FAQ

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