Dynamic pricing updates based on demand

Purpose

1.1. Automate dynamic price adjustments on e-commerce platforms using real-time demand, competitor prices, inventory, and purchase patterns.
1.2. Automatedly monitor user behavior and site analytics to detect demand spikes or dips.
1.3. Automating the alignment of pricing strategies with marketing campaigns for flash sales, product launches, and clearance events.
1.4. Automate the integration of advanced pricing logic with ERP systems, digital payment platforms, and supply chain automators.
1.5. Offer real-time automated price testing (A/B) to maximize conversion and retention.

Trigger Conditions

2.1. Automated increase or decrease in product page views or cart additions.
2.2. Automator detects inventory falling below configurable thresholds.
2.3. Competitor price changes detected via integrated APIs.
2.4. Demand surge during specific calendar events (e.g., Black Friday).
2.5. Manual override by sales team activating automatable custom pricing rules.

Platform Variants

3.1. Shopify
• Feature/Setting: Admin API — automate price changes on product variants using the “Price” field in /admin/api/2023-04/products/{product_id}/variants.json.

3.2. WooCommerce
• Feature/Setting: REST API — automate PATCH request to /wp-json/wc/v3/products/{id} for updating regular_price or sale_price values.

3.3. Magento Commerce
• Feature/Setting: CatalogProductRepositoryV1 API — automate calls to change “price” field in catalogProductRepositoryV1Save.

3.4. Salesforce Commerce Cloud
• Feature/Setting: OCAPI Shop API — automate PATCH requests to /products/{product_id}/prices for dynamic price automation.

3.5. BigCommerce
• Feature/Setting: v3 Catalog API — automate PUT to /catalog/products/{id} with new price values.

3.6. SAP Commerce Cloud (Hybris)
• Feature/Setting: Product Web Services API — automate PATCH to /products for price update automation.

3.7. Prestashop
• Feature/Setting: Webservice API — automate PUT to /api/products/{id} with price nodes.

3.8. Square Online
• Feature/Setting: Catalog API — automate POST to /v2/catalog/object with item_data.price_money.

3.9. Wix
• Feature/Setting: Wix Stores API — automate PATCH to /stores/v1/products/{productId} for automating price fields.

3.10. Ecwid
• Feature/Setting: Ecwid Product API — automate PUT requests to /api/v3/{storeId}/products/{productId}.

3.11. Google Merchant Center
• Feature/Setting: Content API for Shopping — automatepatchproducts endpoint for automatable bulk product price updates.

3.12. Amazon Seller Central
• Feature/Setting: MWS Products API — automate updates via “Price” API action to adjust offers dynamically.

3.13. eBay
• Feature/Setting: Trading API — automate ReviseFixedPriceItem to change ListingPrice.

3.14. Stripe
• Feature/Setting: Prices API — automate updating price objects for subscription or product catalog.

3.15. Shopify Flow
• Feature/Setting: Automate changing prices based on Flow triggers tied to inventory or sales data.

3.16. Klaviyo
• Feature/Setting: Webhook integration — automate notifications to trigger external price change processes.

3.17. Microsoft Power Automate
• Feature/Setting: Automate workflows to update product prices via connectors to e-com platforms.

3.18. Zapier
• Feature/Setting: Automate chain trigger for “Update Product Price” in supported storefronts.

3.19. Google Sheets API
• Feature/Setting: Automate extraction of demand/price signals and feed updates via Sheets for custom automators.

3.20. Algolia
• Feature/Setting: REST API — automate updating indexed product price attributes for site search and filtering.

Benefits

4.1. Automatedly respond to market trends, boosting competitive edge.
4.2. Automation reduces manual workload and errors in price management.
4.3. Automating pricing increases alignment with supply-chain and marketing automators.
4.4. Automator delivers improved revenue through responsive, automatable pricing strategies.
4.5. Automation supports advanced experiments (A/B) for price optimization and profit maximization.