ChannelAdvisor Elevate has launched just in time for Q4. It is a standalone Amazon.com repricing and analytics solution for US retailers aimed at assisting retailer to win the Amazon Buy Box and maximise profits.
Within the Pricing Console ChannelAdvisor Elevate are insights on price trends, Buy Box performance, competition, and more. The console enables you to assess the competitive landscape, make quick decisions, and take immediate action. Rules enable you to manage your business with the pricing techniques that most suit your goals, or use multiple rules in combination with each other:
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Algorithmic Repricing
Uses advanced algorithms to automatically adjust prices to achieve both sales volume and profits within the constraints of SKU-level maximum and minimum prices that you define.
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Rule-Based Repricing
Provides additional manual control that allows you to define specific pricing strategies in exactly the way you want.
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Velocity-Based Repricing
Enables you to automate price adjustments based on sales velocity so you can, for example, extract more margin on fast-selling products or lower prices for slower-moving items.
ChannelAdvisor Elevate as a standalone solution provides access to the same Amazon repricing technology that makes tens of millions of pricing changes daily for hundreds of successful Amazon sellers. although at present, ChannelAdvisor Elevate is for repricing and analytics on Amazon.com only. ChannelAdvisor has a separate solution designed to support listing, pricing, and advertising on hundreds of global marketplaces.
There is a 30-day free trial of ChannelAdvisor Elevate after which your commitment is on a month-to-month basis and you can cancel any time. You only need to provide payment details if you wish to continue after the free trial period. There is a 50,000 SKU limit for repricing, with the option to upgrade after the trial with monthly costs at $250 or $2,700 annually.
