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Automatic Price Adjustment

Feature Introduction

Automatic Price Adjustment is an intelligent price management tool provided by SP. By creating customized price adjustment rules and integrating dimensions such as competitor prices, time cycles, and own store prices, it enables automatic adjustment of product selling prices. Without manual intervention, it can quickly adapt to market changes, align with operational strategies, and ensure price competitiveness and operational efficiency.

This feature supports three modes: Competitor Pricing Adjustment, Scheduled Price Adjustment, and Price Synchronization. It operates through the method of "creating rules + associating products", adapting to scenarios such as market competition, advertising linkage, and multi-store management, which is efficient and flexible.

Feature Entry

After logging into the SP system, click 「Products > Product Tools > Auto Price」 in sequence to enter the main function page.

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The main function page includes two core modules:

  • Price Adjustment Rules: Used to create, edit, and delete price adjustment logic rules.
  • Price Adjustment List: Used to associate products with rules, set execution conditions, and manage all price adjustment tasks.

Usage Guide

Step 1: Create Price Adjustment Rules (Price Adjustment Rules Module)

Click 「Add Rule」 and select one of the following three rule types according to your needs to complete the basic logic configuration:

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Type 1: Competitor Pricing Adjustment Rule
  1. Enter a rule name for easy identification later.
  2. Select the price adjustment method:
    • Method a: Use Rules, supporting three adjustment modes: 「Same As」, 「Percentage」, and 「Fixed Value」. The default calculation benchmark is the lowest competitor price.
    • Method b: Use AI, where the system automatically adapts to competitor price changes and intelligently calculates the adjusted selling price.
  3. Click 「Save」 to complete the rule creation.

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Type 2: Scheduled Price Adjustment Rule
  1. Enter a rule name (e.g., "Increase by 5% during Friday advertising periods").
  2. Set the Timing Type: Select 「Specific Time」, 「By Day」, or 「By Week」, and specify the exact execution time (e.g., 10:00 daily, 14:00 every Friday).
  3. Select the adjustment method:
    • Bese Price Adjustment: Supports 「Decrease Amount」, 「Increase Amount」, 「Decrease Percentage」, 「Increase Percentage」.
    • Fixed Value Adjustment: Directly set a fixed amount for the target selling price.
  4. Click 「Save」 to complete the rule creation.

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Type 3: Price Synchronization Rule
  1. Enter a rule name (e.g., "Store A Synchronizes Store B Prices - Headphones").
  2. Select the Adjustment Type: Supports three modes: 「Same As」, 「Percentage」, and 「Fixed Value」, which are used to synchronize prices between own authorized stores.
  3. Click 「Save」 to complete the rule creation.

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Step 2: Create Price Adjustment Tasks (Price Adjustment List Module)

All price adjustment tasks need to be created in the 「Price Adjustment List」. The specific steps are as follows:

  1. Click 「New Price Adjustment」 to enter the task configuration page.
  2. Select Target Products: Check the products for which you want to execute the price adjustment task.
  3. Associate Rules: Select the corresponding price adjustment logic from the created rules.
  4. Set the Price From:
    • For 「Competitor Price Adjustment Rules」: Select competitors already added in the Price Tracking feature, or directly click "Add Competitor" to jump to Price Tracking and add new competitors.
    • For 「Scheduled Price Adjustment Rules」: No additional price source settings are required; execution follows the rule presets.
    • For 「Price Synchronization Rules」: Select products already listed in own authorized stores, and you can accurately match them by filtering by store name or SKU.
  5. Configure Price Restrictions (Optional): Set the 「Minimum Price」 and 「Maximum Price」 range to avoid prices exceeding expected limits and ensure profits.
  6. Click 「Save」 to complete the creation of the price adjustment task, which will be displayed in the list.

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Step 3: Price Adjustment List Management

  1. Status Control: In the price adjustment list, you can 「Enable」 or 「Disable」 tasks to flexibly control whether the task is executed.
  2. Execution Tracking: You can manually promote task execution to facilitate setting the price adjustment progress.
  3. Editing and Modification: Supports editing task configurations such as rules, price sources, and price restrictions to adapt to changing needs.
  4. Delete Tasks: Unneeded price adjustment tasks can be directly deleted to keep the list tidy.

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Notes

  1. Complete relevant authorizations before creating rules: Complete store authorization to associate own stores, and add competitor information in the 「Price Tracking」 feature first to associate competitors.
  2. Price restrictions are optional configurations. It is recommended to set them based on cost and profit expectations to avoid excessive price fluctuations.
  3. After submitting a price adjustment task, the system will automatically execute it according to the rules (scheduled execution time is based on the PST time zone), and you can also manually trigger 「Execution」 in the list.
  4. Currently, only items with the same currency can be associated.
  5. After modifying the price adjustment content each time, if the task status is 「Enabled」, the system will trigger execution immediately.