Major features release (Margin strategy, Product by product strategy setting, Product data enrichment by interface, Synchronization of enriched data by file ...)

Major features release (Margin strategy, Product by product strategy setting, Product data enrichment by interface, Synchronization of enriched data by file ...)

Check out all the latest product updates in Boostmyshop myPricing (V1)

myPricing is now available to all with a new set of features to support you in your market benchmarking and allow you to define ever more relevant repricing strategies.

1/ Strategy driven by your margins

The Boostmyshop margin feature is now available in your new interface! Selling on your market at the best price while respecting your margins is possible via our new intuitive interface. 

How does it work?

- Enter your product purchase prices (via interface or file import)
- Enter your expected minimum margin rate
- Enter your maximum expected margin rate
- Enter your average commission rate on the sales platform
- Indicate your average tax rate on the sales platform

You can then refine these elements product by product within our interface or via file import to automatically process this information.
These parameters will allow you to define your price limits while respecting your margin expectations. Then our algorithms will optimize your prices against your competition to boost your competitiveness on your market!



2/ Enrichment of your product data in the application
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To help you define strategies that are always closer to the reality of your business and your profitability expectations, we allow you to record your product information directly from your application. Any modification within the interface will immediately trigger a new optimization of your selling price and a synchronization on your sales platform.

Which product information can be modified directly from your application?

- Reference price
- Purchase price
- Additional cost
- Shipping cost
- Tax rate
- Sales platform commission rate

Configuring and customizing your product data in a simple and efficient way is within your reach



3/ Edit your strategy for a product in the interface


With myPricing, you define a default strategy that applies to all your products. But what about having the control on a product by product basis from our interface to act on the strategy applied to a product?
You can now refine or modify your strategy from the application. The changes will be taken into account instantly to make your best prices available to your buyers.

Which price parameters can be modified directly from your interface? 

- Minimum selling price
- Maximum selling price
- Freeze the selling price
- Deactivate automatic price optimization



4/ Enrichment of your product data by file

A new import module has been added to myPricing to allow the mass import of enriched product information.
Just as you can save data within the interface, you can now perform mass imports by file to enrich your product data. For the implementation of a margin driven strategy, this tool will be a great help to indicate your purchase prices.

How does it work?

- Export your catalog from the application
- You fill in the necessary data in this file
- Import the file from the application
- Your data is filled in for all the products you want!

Which product data can be imported?

- Reference price
- Purchase price
- Additional cost
- Shipping cost
- Tax rate
- Sales platform commission rate

Which import modes are available?

- Manual file import
- Import via URL (The file will be processed automatically every day)
- Import via FTP (The file will be processed automatically every day)



5/ Edit your strategy for your products by file

A new import module has been added to myPricing to allow you to define your strategy in bulk.
In the same way that you can save data within the interface, you can now perform mass imports by file to define your strategy product by product

How does it work?

- Export your catalog from the application
- You fill in the necessary data in this file
- Import the file from the application
- Your data is filled in for all the desired products and your prices are automatically recalculated!

Which strategy parameters can be imported?

- Minimum selling price
- Maximum selling price
- Freeze the selling price
- Deactivate automatic price optimization

Which import modes are available?

- Manual file import
- Import via URL (The file will be processed automatically every day)
- Import via FTP (The file will be processed automatically every day)

6/ Compatibility with multi-country platforms

Some sales platforms allow you to offer your products in several different countries with specific prices. It is now possible when adding a platform to myPricing to define the country or the sales channel on which you want to benchmark and reprice. 

The Worten platform is one of the platforms concerned by this feature.

Coming next : 

- Improvement of the product status display
- Repricing performance informations (Kpis)
- Generation / Export of customized report (Catalog and benchmarking)
- Sales order performance (Sales/Profit)
...

See you soon for the next release !