ChannelEngine: price changes

About this article

This article describes the price changes feature on ChannelEngine.

Table of contents

Introduction

Requirements

Overview

FAQs

Introduction

ChannelEngine keeps a history of all your price mutations up to 30 days or the latest 10 changes, even if those changes span longer than 30 days. In Pricing, Price changes, inspect individual products to view the history of their mapped price values, exported prices, and the timestamps of each price change. A detailed price mutation history is stored for each price attribute that you configure in the Price rules tab. 

Requirements

Pricing v2 is required to use this feature, and pricing v1 will be deprecated soon. If you currently use pricing v1, activate pricing v2 before you continue:

1. In the Pricing step of a channel, click Configuration mode to start configuring pricing v2. Pricing v1 stays active, so you can set up pricing v2 side by side.
2. To check the accuracy of your pricing v2 setup, refer to the ChannelEngine: pricing v2 migration guide and complete every step in the activation checklist.
3. When you are ready to fully switch to pricing v2, choose one the following options:
   • Click Request support activation and submit a request. Our Support team will verify your pricing v2 configuration before activating it.
   • Click Activate pricing v2 (self-service) and activate pricing v2 yourself on the selected channel. Pricing v1 will be removed, and pricing v2 will take over immediately.

Overview

To view your price mutation history on a given channel, go to the Pricing step of the channel and select the Price changes tab.

1. To display the price changes for a particular product, enter its name, GTIN, or Merchant product number in the search bar.
2. Select the tab of the price attribute for which you want to see the history, e.g.: Quantity discount 1: price.

The Price changes table contains the following fields per product that you sell on the channel:

• Date - the date and time when the record was added to the table. The new record is added every time one of the price values changes.
• Min. price - the product’s minimum price for the selected marketplace attribute. This is the minimal price that you can sell the product at and still be profitable.
• Commercial min. price - the product’s minimum commercial price for the selected marketplace attribute. This is the minimum price defined by the brand, supplier, or manufacturer.
• Min. bound price - the product’s minimum price boundary as dictated by the marketplace. For bol, this is connected to bol’s price stars. 
• Base price - the product’s regular price for the selected attribute. This is the price that you would normally sell your product at.
• Max. price - the product’s maximum price for the selected marketplace attribute. This is the maximum price that you can sell the product at and still be competitive.
• Commercial max. price - the product’s maximum commercial price for the selected marketplace attribute. This is the maximum price defined by the brand, supplier, or manufacturer.
• Max. bound price - the product’s maximum price boundary as dictated by the marketplace. For bol, this is connected to bol’s price stars; for Amazon, this is connected to the competitive price threshold. To learn how to configure Max. bound, check out the article ChannelEngine: price rules v2.
• Price link - the link to an existing price calculation from another marketplace or the same marketplace in a different country. To learn more about the price link and its use, check out the article ChannelEngine: price rules v2.
• Repricer state - the repricer strategy applied to this product to automatically adjust its price on the marketplace. The available strategies are offensive, defensive, and base price (which disables repricing). If a reprice exclusion rule applies to this product, e.g.: to avoid competing with the marketplace itself, the repricer state reflects that rule instead of the selected strategy.
• Repricer price - the price calculated by ChannelEngine's repricer. This is only visible if the marketplace supports repricing, and you have chosen the appropriate repricer strategy.
• Promotion price - the product’s promotion price for the selected attribute, if the product participates in a promotion. To learn more about the setup of promotions, check out the article ChannelEngine: promotions. 
• Fee group - the marketplace fee group assigned to the product. To learn more about marketplace fees, check out the article ChannelEngine: marketplace fees.
• Exported price - the price that is exported to the marketplace. This is the optimal price ChannelEngine decides on based on your price field inputs on the Price rules tab.

FAQs

For how long does ChannelEngine store price change data?
ChannelEngine stores price change data for 30 days or the latest 10 changes, even if those changes span longer than 30 days.