FAQ’s

Competitor pricing, is a pricing strategy, before you set a price on products you will first observe your competition. The Competitor price app does everything for you saving you time and money.

Yes, your profit might be less when your prices change, but you will never loose, your selling price will never be less than your cost price. Also with the rules you add, the prices changes will only work according to the set of rules you entered for example if your rule is minimum profit margin 50% the price change will never go under 50% profit margin.

Knowing your competitors price is valuable information, if you sell the same product but your competitor sells it much cheaper than you, customers will rather go to the competitor instead. Try to remain at the same price or slightly less, every penny counts

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MAP: Minimum Advertised Price is the lowest price a retailer can show online or in a advertisement.

MRP: Maximum retail price is the highest price you can sell a product at.