Incorporating prices from a marketplace into your pricing strategy can present challenges, but with the right approach, it can significantly impact your business. This article will provide insights into effectively utilizing marketplace prices to enhance your pricing strategy.
First, consider your objective: Do you wish to monitor a specific seller or track sellers occupying a particular pricing position, such as the cheapest option?
Check our How to set up Cheapest and list Competitors for a more detailed explanation
How to use it in a strategy
When you enter the strategy, simple select a competitor based rule, or condition, type the competitor name you wish to look for
In the given example, if a seller is the cheapest in the marketplace on google, or it's the shop mobilcovers.dk from the google listing, the rule will assign the price ccording to them.
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