On the Dynamic Pricing page, you can create and manage rules for SmartPrice suggestions. These rules can be applied to all products or to specific products, brands, categories, or collections, based on your competitors' pricing and your product costs. SmartPrice suggestions will be displayed on the product page and included in Excel exports.
To ensure optimal and profitable SmartPrice suggestions, make sure to enter the product cost (and any Additional Costs). Product cost refers to the amount you spent to purchase or produce the items you sell in your online store, not your sales price.
Automated repricing based on SmartPrices is possible through our API.
Here is a video to show you how to create SmartPrice rules: