ChannelEngine: repricer competition history

About this article

This article describes repricer competition history on ChannelEngine, where to view it and how to understand it.

Table of contents

Introduction

Prerequisites

Competition history graph

Competition history table

Introduction

Repricer competition history displays valuable data on merchants selling the same products as you. If you make use of ChannelEngine's repricer, reviewing the competition history can help you understand how your products are performing on the marketplace.

Prerequisites

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

1. Reach out to your ChannelEngine contact to activate Product pricing v2 setting.
2. Once activated, 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.

Competition history graph

You can access the Repricer competition history tab from the Pricing page of the marketplace. These statistics show your competitors and your position in the list.

To view the competition history for a specific product:

1. In the search bar, enter its name, GTIN, or Merchant product number.
2. Choose the attribute for which you want to see the history. E.g.: Price B2C.
3. Use the left or right arrow buttons to select the desired time period. The snapshot covers the last ten records.
4. Click the Pull competitor data button to fetch the latest competition history for this product. The task can take up to five minutes to execute.

The graph shows the following data:

• Your price on the marketplace (highlighted in blue)
• Your competitors’ prices on the marketplace
• Your minimum and maximum prices as configured on the Price rules tab

You can hover over any point on the graph to see detailed information, including the currency, exact date and time, and price value precise to two decimal places.

Competition history table

A table below the graph shows the competition history, including your prices, competitors’ prices and the current buy box winner. The buy box winner is highlighted in yellow and marked with a trophy icon. The table data matches what is presented in the graph.

FAQs

How often does ChannelEngine retrieve competition statistics from marketplaces?

ChannelEngine uses scheduled tasks to retrieve competition statistics from marketplaces. The frequency of the task depends on the number of products included in the call and the API rate limits of the marketplaces. This ranges between every 30 minutes and every four hours.