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Setup: Configure competitor pricing

Norce can handle pricing based on competitor data imported from a third party.

Required steps

  • Set up a pricing structure

Preparations

How to set up competitor pricing requires:

  • Build an integration of competitor data (must be done through Commerce Connect)
  • Ask Norce to activate all competitors initially on all categories (makes it easier to get started)

How-to

  • Create a Competitor price list (inherits from standard price list or market price list) for each market.
  • Set competitor price rules.
  • Set category competitor positioning and priority
  • Activate competitor pricing by setting population rules on the price list and set the price list to Public

Read more about competitor pricing here.

Further configuration

One important client settings, to note:

  • Competitive pricing (by application), use this if all applications share the same competitors.

Further reading

  • Read more about competitor configurations here.

Where to go from here

  • Migrate products