Pricing is one of the most powerful levers for online sellers’ growth. But let’s be honest, it’s also one of the hardest to get right. You want to stay competitive. You want to protect your margins. And you definitely don’t want to spend your day checking competitor prices or worrying about whether one wrong rule could hurt your profits. That’s exactly why Prisync built the Competitive Pricing Recommendation feature for you. Its now available on all panels and ready to use the moment you log in to Prisync.
What is Competitive Pricing Recommendation? It’s a new feature in Prisync, designed to help you set up the smartest dynamic pricing rule. You can automatically match the lowest competitor price with a ready-to-use Dynamic Pricing rule in the Competitive Pricing Recommendation panel, with no setup required.
How Competitive Pricing Recommendation improve pricing automation
Faster pricing setup
The innovative feature is pre-configured and ready to use the moment you log in. Launch a dynamic pricing strategy with a specific pricing rule that aligns with your business strategy in minutes, not hours.
Always competitive
Prisync’s new feature continuously tracks the lowest competitor price and automatically adjusts your prices, so you never fall behind the market. This means competitor price tracking is built into a smart pricing template, helping sellers respond to market changes automatically.
You set your sales growth rule
“I would like to be the cheapest of all my competitors as long as I respect min markup as Cost+0.00CUR**” You can set your markup and minimum & maximum price limits before matching your competitor’s prices. This way, you can effortlessly match the lowest competitor price in your market to automatically capture all the price-sensitive buyers.
** CUR is used here as a placeholder. When the rule is activated in the panel, it automatically represents the currency selected by the panel owner (e.g., USD, EUR, GBP, etc.)
Log in to your panel and give it a try today.
Competitive Pricing Recommendation is already waiting for you in your Prisync panel. No setup, no guesswork! Just activate, customize if needed, and let our pricing automation handle the rest while you boost profits.
