Shopify Smart Pricing
All reviews
I should be able to update the price and set the price not just use the recommended one. I have to update the price in the product manually and them click skip.
Thanks for letting us know, this is really helpful. We recently added price editing directly in the app in response to feedback like yours. Now you can see which products could benefit from a price decrease or increase, but you set the final price yourself to fit your strategy, no more updating manually in product. Hope it makes things smoother.
Great idea, however more clarity on how the app decides and what basis it has made the recommendations would be good, app does not take into account how long an item has been on our system for. example I received items a week ago and the app is suggesting that I reduce my prices. second issue, seasonal items. we work on a yearly and QTR basis. items that arrived end of last qtr and are starting to sell now but not fast enough for the app are having suggested price to be reduced. I would like the option to put in my 3 main competitor's and have the app report based on those competitor prices.
Really appreciate the feedback. To see the basis for any suggestion, hover over the price tip and you'll find the forecast and the data behind, based on your sell-through rate at the current price, available inventory, cost per item, and seasonality. You make a fair point on item age. This is something we're actively working to improve, along with longer seasonal and quarterly cycles. We currently refresh price tips weekly from your latest data and are working toward a faster cadence. The option to add your own competitors is a popular request that we'll consider as a team.
It's too early to see how this helps, as we need to understand the basis for the price suggestion. It would be more helpful if the reasoning were explained, particularly if it is due to competitors having lower prices or moving stock. Additionally, it would be beneficial to have the option to set a timeframe for the price change so that it automatically reverts back after a certain period.
Thank you for the thoughtful feedback. To see the reasoning behind any suggestion, just hover over the price tip. Smart Pricing forecasts how your inventory is likely to move over the next 90 days at its current price, using your sell-through rate, available inventory, cost per item, and seasonality. It suggests lowering prices to move slower items, and raising them on fast sellers to protect your margin. We've also just added the ability to revert a price update, so do give that a try. Your idea of setting a timeframe for an automatic revert is a good one that we're considering.
It improves my sales in slow items by 20-30%
Thank you, this is exactly what we hoped Markdown price tips would do. We want to help merchants find the right price to get slower items selling again. A 20-30% lift is great to hear! If you new spot ways we could make the price tips or app more useful, please let us know in the feedback box in the app. Merchant feedback is how we decide what to build next.
Nice well mannered app easy to use and helpful
Thank you! We worked to keep Smart Pricing simple, so it's great to hear it's been easy to use. If there's anything that would make the price tips more useful, please let us know in the app's feedback box. Feedback like yours helps us learn what to improve and build next.
I love how easy it makes collecting my own information as well managing prices. It's an amazing personal assistant.
We’re glad Smart Pricing is making it easier to keep your product info organized and be able act on price opportunities. Our goal is to make pricing decision simple. You review the tips, and you choose whether to apply, edit, or skip any change. If you spot anything that would make the price tips or workflow better, please share it using our in-app feedback button.
Have been using it for about a week, seems to know what its doing with lowering prices. Very pleased so far with this app.
Thanks for your review. We're glad the Markdown price tips are already helping you land on the right prices to drive sales and move stock. As you keep using the app, we'd love to hear what's working and what isn't, just send us a note it in the app's feedback box. This helps us learn what we can build next and better for merchants.
Szybka i bardzo pomocna aplikacja.
Dziękujemy! Bardzo nas cieszy, że Smart Pricing okazał się szybki i naprawdę pomocny dla Twojego sklepu. Jeśli jest coś, co uczyniłoby wskazówki cenowe jeszcze bardziej przydatnymi, zostaw opinię w polu na opinie w aplikacji, Twoje uwagi pomagają nam się rozwijać i ulepszać aplikację.
It's already worth it's weight in gold We've already run a number of tests dramatically affecting our bottom-line without needing to do any theme changes or pay thousands a month in fees. Like some other reviews state: the app is in its early stages, so not all reporting is available. In the right hands, this tool is invaluable. The best part is that Shopify listens and has already helped with features to make the app more usable. If you're considering shelling out considerable cash for a price test vendor, I would strongly recommend giving this a go.
Thank you for the recommendation, and for your patience as we keep adding more advanced features! You're right that we're still a new app. You've also captured who our A/B price testing feature is best for: data-driven merchants with a test-and-learn mindset who run price tests on their catalog to find the prices that lift profit and AOV from real customer behavior rather than guesswork. Giving each test enough time to gather a confident signal is what makes the results reliable. Please keep the feedback coming, it directly shapes what we build next.
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