- FREE PRICING AUDIT FOR ALL TRIALS
Make profitable pricing with AI-driven repricing tool
Master manual pricing and price planning with AI.
Make profitable pricing with AI-driven repricing tool
Master manual pricing and price planning with AI.
Reprice your products with real insights on market data, most profitable price points and AI-driven forecasts.
Benefits of profitable repricing tool
Study, plan, modify and execute profitable pricing with a 360 degree view to your business.
Price with data that matters
Reprice products with eyesight on forecasted sales volumes and profit.Our new price simulator feature allows you to forecast your demand easier than ever.
Understand the outcome
Understand how your price changes affect your business.
Create pricing views you love
Modify your pricing views to support your decision-making with the right data.
Automate your pricing
Create effortless pricing rules and run those automatically as many products as you want.
Trusted by industry leaders
Highlighted features of our Profitable repricing tool
Easy price management
Manage products efficiently with flexible filtering and create product groups for straightforward pricing.
Simple workflows
Effective analytics
Highlighted features of our Profitable repricing tool
Easy price management
Simple workflows
Effective analytics
“Coming from a marketing background, I knew I wanted to use machine learning to optimize our prices in a better way – just like you can optimize bids in digital advertising. Unlike many other machine learning based pricing tools, Sniffie is not a black box: it provides a lot of transparency into the pricing process and is very intuitive to use. The Sniffie team is there to support you with everything, and preliminary results are already looking great!”
Marketing Manager
Ecommerce, USA
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PLUG TO YOUR ECOSYSTEM
Integrate to any platform
Just plug your Ecommerce platform, ERP or PIM into Sniffie. Sniffie operates as your pricing master and starts pulling data from your systems and learning from both past and new transactions — and you’re ready to start optimizing your prices.
Plug-and-play integrations
FAQ
Repricing is a term used for setting a new price for a product that is already selling in a retail outlet or Ecommerce. In repricing the retailer is setting a price to generate more profits through either higher volume or better profit margin.
In most cases the repricing tools are out-of-the-box solutions that only require your product data feed and integration to your systems. Many larger Ecommerce platform such as Shopify offer marketplace where you can select a repricing tool that has the needed features you are after.
Repricing opportunity means you have a possibility to offer your products with either significantly higher margin or volumes due to changes in the market. Most often such opportunities rise when competitors are out of stock, have too high price or somehow have failed pricing.
Repricing can be done either manually or with a repricing software that simply changes the product prices based on given rules. Manual repricing and repricing softwares work in a similar way. In repricing your focus is to understand your demand and capture the best and most profitable price point with the new price.
Repricing tools are used for repricing a bigger amount of products automatically to one or several outlets. Repricing tools are most often sold as SaaS (a software as a service) model and integrated to sellers Ecommerce and retails systems.
Repricing strategy should always be based on your overall marketing strategy. If you are a cost-leader in your industry your repricing strategy is often having the lowest price on the market. On the other hand if you use a differentiating strategy you might use some of your products to create the price image of value for money and some to generate higher profits. All repricing strategies should have clear guidelines on how to do repricing in everyday scenarios.