"Velocity repricing automatically reprices products based on the momentum of sales. In practise this is designed to reduce the selling prices of products which are slow moving and raise prices of products which are selling well within given parameters."
Matthew Gardiner
CEO, ChannelUnity
What Is Velocity Repricing & How Can It Help Your Business?
HERE'S A HELPFUL WALKTHROUGH OF EXACTLY HOW VELOCITY REPRICING WORKS. NEED FURTHER HELP?
Why Do I Need Velocity Repricing?
Working with large product catalogues can become challenging when pricing changes are frequent and updates in your ecommerce system are manual.
If you retailing products manufactured by others, ChannelUnity can automatically set prices based on your competitors’ price points. But what if you’re a brand owner and you control the market price in-house?
- Large Product Assortment
- Old, Inconsistent Listings On Marketplaces With Sales History You Don’t Want To Lose
- Product Data Adequate For Your Own Online Store, But Not For Global Marketplace Operations
How VR Supports You
Set rules and settings within the ChannelUnity system to control your Velocity Repricing controls.
- Multiple Velocity Repricing Rules To Cover Scenarios
- Bespoke Design Support For Database Setup
- Reactive Pricing Movement To Reflect Product Competitiveness
- Ability To Set A Promotional Selling Price Option
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