What's New in Price Parrot

Imagine spending hours painstakingly creating multiple, nearly identical repricing rules, adjusting settings, double-checking details, and hoping you didn't miss a thing. It's like trying to reinvent the wheel every single time. Well, those days are over! 🚀 Say hello to our new "Copy Repricing Rule" feature, designed to save you time and effort by allowing you to duplicate your rules with just one click.

Get ready to streamline your workflow and dominate the market like a pro!

Imagine you're tracking a seasonal competitor that only impacts your sales during certain times of the year. With our new Competitor Freeze, you can temporarily halt repricing activities for this competitor when they're out of season. This allows you to focus on more relevant competitors without losing the data and settings you've configured or adjusting all of your repricing rules!

How to use the competitor freeze feature:

To use this feature, simply go to https://backend.priceparrot.io/competitors and hover over the option icon next to the competitor you would like to freeze. It's the option between 'view statistics' and 'website'.

The competitor statuses:

• Active: The competitor is currently being monitored and repriced dynamically. All pricing updates and adjustments are actively applied.
• Paused: The competitor is temporarily inactive. Repricing activities for this competitor are on hold, but all data and settings remain saved for when you choose to resume.
• Unavailable: The competitor's data is currently not accessible. This could be due to their website being down or other temporary issues. Price scraping will resume once the competitor is available again.

Upgrade to price position column for better insights

We've also enhanced the price position column to provide clearer, more direct insights into your competitors' pricing. Easily compare your price position at a glance. See the lowest, equal, and highest prices side by side, allowing you to quickly assess and strategize your market stance.

We're excited to announce significant upgrades to our platform that enhance your experience on our product pages! Our revamped product page features a complete overhaul of input controls, making it easier than ever to access your own product page directly from ours. Check out the new changes today and see how we're working to make your experience better!

Building on our recent enhancements to the dynamic pricing filters, we are excited to announce that these advanced filters are now also integrated into our alerts feature. This update allows you to fine-tune your product pricing and alert settings with even greater precision.

Key Enhancements Include:

• Extended Filter Application: The same powerful filters you use to adjust pricing can now be applied to customize your alerts, ensuring that you receive notifications tailored to your specific needs.
• Proactive Monitoring: Set alerts based on refined criteria, including price changes, stock status, and more, to stay ahead of market dynamics and adjust strategies promptly.
• Streamlined Operations: With enhanced filters, managing both your pricing and alerts becomes more seamless, saving you time and improving accuracy.

Use the new feature to maintain optimal pricing and stay informed with critical alerts that match your exact business requirements. This update is designed to empower you with the tools needed for more effective decision-making and strategic planning.

We make sure your online store always has the best and most accurate pricing, but your brick-and-mortar store might be staying behind. To bridge this gap, we have extended our Alerts system. Now, not only can you monitor your competitor URLs, but you can also create alerts for changes in your own prices.

What's New:

• Custom Alerts for Your Price Changes: Set alerts to keep track of any movements in your product prices, ensuring you're always informed.
• Seamless Integration Between Channels: This new feature helps you maintain consistent pricing strategies across your online and physical stores.
• Immediate Notifications: Receive updates directly to your email, allowing you to react swiftly and adjust prices as market conditions change.

We've done a lot to ensure you see the right matches in our Search Discovery tool, so when everything looks just right, why add them all one by one? That's why we're excited to announce a new enhancement for our Search Discovery tool that allows you to add all matches from a search result with a single click. This update is designed to streamline your workflow, save time, and ensure comprehensive competitor analysis with utmost efficiency.

Embrace the simplicity of our improved Search Discovery tool and spend more time strategizing and less time sorting through results. This enhancement is just one of the ways we're committed to making your experience as productive as possible.

Timing is everything, and now your pricing can prove it! It is time to unveil our Scheduled Dynamic Pricing Rules, a feature designed to adapt your prices to the rhythm of your business and customer habits. Utilize this tool to implement time-sensitive pricing strategies, such as increasing prices during peak demand hours or offering discounts during off-peak times to attract more customers.

With this new functionality, you can:

• Boost Weekend Sales: Automatically lower prices on slow-moving stock during high-traffic weekends.
• Capture Early Birds: Set early morning discounts to appeal to your morning rush customers.
• Happy Hour Promotions: Create evening or late-night promotions that encourage more sales when foot traffic is at its peak.
• Seasonal Adjustments: Program price changes to coincide with seasonal shopping trends or holidays, ensuring you're always competitive.

Ever find yourself accidentally giving away the store? Worry no more! We're rolling out our new "Selling at Loss" notification feature to keep your profits safe. This useful feature notifies you immediately when any product's price falls below its cost, allowing you to promptly take action and adjust your minimum price in the dynamic pricing rules.

"Filter like a boss!" With the improved dynamic pricing filters on Price Parrot! Previously, you could only apply one property (such as tag, brand, product name, barcode, or SKU) to your pricing rules. Now, we've greatly expanded this functionality, allowing you to set multiple conditions, including new options like stock status, price, compare-at price, and costs.

What’s New in Dynamic Pricing Filters:

• Multiple Conditions: Layer multiple filters to pinpoint exactly which products to adjust based on a comprehensive set of criteria.
• Enhanced Flexibility: Mix and match conditions such as brand, price, and stock status to create highly specific rules.
• Expanded Options: Incorporate stock availability, compare-at prices, and cost data into your pricing strategies.

This update enables you to tailor your pricing approach with greater precision, ensuring that your products are priced competitively and profitably, taking into account a wider range of variables. Start utilizing these enhanced filters today to optimize your pricing strategy and improve your market responsiveness.

We have done an upgrade to our controls that enhances your experience and saves you valuable time! Our new embedded search functionality within the selection controls with a lot of data (currency, country, timezone) allows you to quickly and efficiently find the correct value without scrolling through an extensive list.

These improvements are part of our commitment to continuously enhance your experience, making every interaction with our platform as efficient and hassle-free as possible. Try out the new controls today and see how much quicker you can change your settings!