ChannelEngine: price changes

About this article

This article describes price changes on ChannelEngine, how to view them and how to comprehend them.

Table of contents

Introduction

Prerequisites

Price changes

FAQs

Introduction

ChannelEngine tracks all your price attributes and the calculations it performs on them, storing the history of price changes. The Price changes tab displays prices calculated for repricer, prices configured for promotions, and other price attributes that you set up on the Price rules tab.

Prerequisites

If you currently use pricing v1, you must activate pricing v2 before proceeding.

1. Go to the Setup page of the channel and locate the New beta pricing setting. The options are:
   • Fully activated - adds the new pricing tabs and removes the pricing v1 tabs. This option is recommended for a go-live with the feature.
   • Only screens for configuration - adds the new pricing tabs while keeping the pricing v1 tabs. This option is recommended for migration as it allows you to compare the old and new pricing setups.
   • Off - pricing v2 is disabled.

Price changes

1. To view your price changes, go to Pricing in the top menu of the channel, and select the Price changes tab.
2. To display the price changes for a particular product, enter its name, GTIN, or Merchant product number in the search bar.
3. Select the price attribute that you want to see the history for. E.g.: Price.

The Price changes table has several columns.

• 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 has changed.
• Base price - the product’s regular price for the selected attribute. This is the price that you would normally sell your product at.
• 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.
• Min. commercial price - the product’s minimum commercial price for the selected marketplace attribute. This is the minimum price defined by the brand, supplier, or manufacturer.
• 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.
• Max. commercial price - the product’s maximum commercial price for the selected marketplace attribute. This is the maximum price defined by the brand, supplier, or manufacturer.
• 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.
• Repricer price - the price calculated by the 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. 
• Min. bound - the product’s minimum price boundary as dictated by the marketplace. For bol, this is connected to bol’s price stars.
• Max. bound - the product’s maximum price boundary as dictated by the marketplace. For bol, this is connected to bol’s price stars. To learn more about bol's price stars and boundaries, 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.
• Fee group - the marketplace fee group assigned to the product. To learn more about marketplace fees, check out the article ChannelEngine: marketplace fees.

FAQs

How long does ChannelEngine store price changes data?

ChannelEngine stores price changes history for 30 days.