Walmart Repricer, an extension developed by CedCommerce for Magento® 1 provides an innovative way to compete with the competitor sellers on Walmart. This feature makes sure that the products of the merchant (admin) always win the BuyBox and thus increases the sale significantly.
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.
Key Features are as follows:
- Enables Merchant to view the marketplace price
- Dynamically reprices the product, once the competitor decreases or increases the price
- Removes the hassle of monitoring competitors pricing
- Enables reasoning repricing for each products
- Extension is dependent on Walmart Magento Integration