Merchants: Would You Find Value In An App That Helps You Optimize Your Pricing?

Shopify Apps
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1

Hello :waving_hand: ,

I am doing some research for a project and I would really appreciate getting feedback from potential users. :slightly_smiling_face:

Just like the pure players do (Amazon, Uber, etc.), would you like to be able to easily make price variations based on data and AI?

Here is an example of a toothbrush price history sold on Amazon (tracked with Keepa):

Justin710_0-1685018318389.png
Justin710_0-1685018318389.png1600×457 255 KB

As merchants, how do you cope with determining when it is the right time to change your prices?

Would you use a pricing variation plugin to help you decide?

This plugin would:

  • Analyze and learn from multiple sources of data (your analytics, your competitors’ prices, diverse price histories, consumer trends, dramatical events, etc.).
  • Suggest when and why you should change your prices.
  • Learn from your own decisions over time.

Thank you very much for your time.

:folded_hands: :sun:

2

I believe this would be a huge benefit to anyone that has a store. I have used some other pricing research that has been decent, but they are very expensive!