🎉Release notes🎉 (CW 19 Update)
👋 Hello there,
We are excited to announce the latest updates to our platform, designed to enhance your experience and improve your ability to make data-driven pricing decisions to optimize your Amazon business. Our team has been working hard to develop new features that will provide you with more information and greater control over your pricing. Read on for a summary of our latest release:
📊 Value KPI to show profit uplift
We are pleased to announce the addition of a new value KPI to our platform (see blue bar in the screenshot below). This KPI aggregates the average net profit uplifts per day for the winning price points during the learning phase of your products. We then extrapolate the daily average net profit uplift values of the winning price points compared to the initial price points to a month to provide you with an estimated net profit uplift based on the current test results. Please note that this is an initial estimate, and the actual net profit increase will depend on various factors. This new KPI will offer valuable insights into your pricing strategy, enabling you to make data-driven decisions that maximize your profits.
📈 New dashboard charts
Our new dashboard now includes two additional charts to help you monitor pricing changes. You can now see the number of price changes per day over the last seven days and the reason for those changes. Additionally, you can see the direction and magnitude of price changes within the last day. These charts will give you a better understanding of your pricing history, helping you understand what our price testing algorithm is doing.
🔁 Improved onboarding with bulk upload (beta)
We have also added a bulk upload feature, which allows you to add COGS, minimum margins, maximum prices, and other important data all at once. This will save you time and effort, especially if you manage multiple online shops.
➕ Handling of multiple shops in one account (beta)
Our multiple workspace feature allows you to manage all of your shops within one user account. This will help streamline your workflow and make it easier to keep track of everything.
☑️ Improved UX with checkboxes
We have improved the user experience by adding checkboxes in the frontend. This small change will make a big difference in terms of clarity and ease of use. We are always looking for ways to improve our platform, and we believe that this update will help us achieve that goal.
🏁 Learning status in Parent ASIN selection for test result
Finally, we have added the learning status in the Parent ASIN selection for test results. This feature makes it easy for you to see whether a test is already finished or still in the learning phase, allowing you to monitor your test results more efficiently. You can now track the progress of your tests and make changes accordingly, ensuring that you are always optimizing your pricing strategy.
We believe that these new features will add significant value to your experience on our platform and help you achieve your business goals. At Priceloop, our mission is to provide truly data-driven pricing to our customers. We are committed to continuously improving our platform (🚨🚨🚨 join our waitlist 🚨🚨🚨).
👉 If you have any questions or are interested in learning more about our Amazon Pricing Platform (APE) on the NoCode Platform, visit www.priceloop.ai or contact me directly.
Thank you for choosing our platform and happy selling!
Best,
Ben
