Shopify Smart Pricing

Thanks for your honesty. Smart Pricing offers price tips when we have confident and meaningful data signals to offer a suggestion. That can take some setup and recent sales data. Markdowns and markups need regular sales, tracked inventory, and cost per item in Shopify. New product price tips are available for products added and active in the last 30 days with sufficient similar products to compare it to. If you're looking for a specific pricing need we don't serve today, please let us know using the app's feedback button. We regularly review requests to build as upcoming features.

We appreciate your feedback. We're glad you've found the price tips and underlying forecast insights helpful. Using the price tips with Sidekick to price your products is a great idea. Please let us know if you've got suggestions to improve, especially as a newer growing merchant.

Glad it's helping! For new product price tips, the tip is based on prices of similar products across Shopify. It pulls from products in your same category, market, and price range. If a tip feels off or to share ideas to improve, click share feedback in the app.

Thanks for the review. Please let our team know if there are any additional features or insights we can provide to help your store grow.

Thanks for your feedback! This is exactly what we sought out to do in Markdowns. We want to help merchants quickly spot slower moving items and act on time with pricing to drive sales and capture margin.

Thank you for the recommendation. This is exactly our intent. We want to help merchants quickly see trends in their sales performance and inventory forecast to adjust pricing in time to drive sales and realize margin.

Muchísimas gracias por tomarte el tiempo de dejarnos tu reseña y por tus comentarios tan detallados. Nos alegra mucho que las recomendaciones te estén resultando útiles. Queremos contarte que puedes pasar el cursor sobre cada sugerencia de precio (price tip) para ver el razonamiento detrás de la recomendación. Además, tomamos muy en cuenta tu idea de mostrar más detalle, como el margen de ganancia actual, el precio resultante y la comparación con el costo del producto: se la compartiremos a nuestro equipo para seguir mejorando la app.

Thanks for trying Smart Pricing. In markdowns and markups, cost per item is one of the signals behind each tip. You can check the tooltip on a tip to see the forecast, sell-through, inventory, seasonality, and cost data behind the logic. We're working on adding margin targets into price tips. This will let you better account for overhead costs like shipping. We just launched price tips for new products, which tells merchants how similar items across Shopify are priced of the same category, market / currency, and price tier.

Thanks for your initial feedback because it's helped us improve. We recently released Settings to let merchants set their minimum margin for products with cost and maximum discount for those without. This lets merchant pass the complex costs and operations of running their business into tips to protect margin. Additionally, merchants can now add or edit product costs directly in the app. We invite you to check it out to receive better tips. Please let us know what you think and consider updating your review.

Thanks for flagging this. Smart Pricing now includes Settings. You can set a minimum margin for products with cost, and a maximum discount for products without cost. That gives you a margin guardrail on price tips to better protect and reflect your real margin.