Overview
The Repricer is a new technology that utilizes machine learning and real-time analytics to help sellers in maximizing the margin and win the Buy Box.
The Walmart Repricer checks out what is the lowest price of the merchant’s products on the Walmart store, and changes the price of the product to the lowest one, while not going lower than what is set as the minimum price. On the other hand, if the merchant’s competitor’s offer price is much costlier than the merchant’s offer price, then the price increases, while not increasing more than what is other merchant’s offering.
How It Works?
Finally, a last check ensures that the new value lies between the minimum and the maximum value defined by the users. After all this process, the latest price is updated back to Walmart and is made live as the new price for that product.
Finally, a last check ensures that the new value lies between the minimum and the maximum value defined by the users. After all this process, the latest price is updated back to Walmart and is made live as the new price for that product.