Norce can handle pricing based on competitor data imported from a third party.
- Set up a pricing structure
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)
- 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.
One important client settings, to note:
- Competitive pricing (by application), use this if all applications share the same competitors.
- Read more about competitor configurations here.
- Migrate products