Default: "No".

This means that if a product has no competitors, no Smart Price will be calculated for it.

If "Yes" is selected, SmartPrice will use a fallback level (minimum or maximum) for products that have no competitors. Additional settings will appear, and you can choose which level to use:

• Minimum level: SmartPrice will be set to the product's minimum level. A minimum level is always enforced, so a price will always be set.

• Maximum level: SmartPrice will be set to the product's maximum level. If no maximum level is defined, no SmartPrice will be calculated. It will not switch to the minimum level.

In summary, this is how SmartPrice is calculated for each product:

• Product has one or more competitors
  SmartPrice is calculated as usual. This setting has no effect.

   

• Product has no competitors and the setting is "No"
  No SmartPrice is calculated.

   

• Product has no competitors and the setting is "Yes"
  The fallback level you selected is used.