Multiply

Multiply is an algorithmic repricing platform designed to assist retailers in optimizing their sales and profits by monitoring competitors and automatically adjusting prices across multiple channels. According to the vendor, Multiply caters to retailers of all sizes, ranging from small businesses to large enterprises. This solution is utilized by e-commerce retailers, online marketplaces, retailers selling on Amazon, sellers on various marketplaces such as Cdiscount, Fnac, ManoMano, and others, as well as retailers in the DIY, home improvement, and gardening industries.

Key Features

Lightning-fast Repricing: According to the vendor, Multiply's algorithmic repricer updates prices up to 30 times an hour on all channels, providing a competitive advantage over rivals and potentially increasing the likelihood of securing the buy box.

Multichannel Monitoring: According to the vendor, Multiply continuously monitors competitors' pricing on every channel, including their own websites, enabling retailers to stay informed about their competitors' pricing strategies and make well-informed pricing decisions.

Advanced Buy Box Strategies: The vendor claims that Multiply optimizes retailers' buy box placement and margins by considering additional variables such as shipping times and vendor reputation. They assert that their 'Goldilocks-perfect' pricing strategy allows retailers to win the buy box without sacrificing profits.

Holistic Cost-Based Pricing: According to the vendor, Multiply takes into account commissions, logistics, and fixed/variable costs to accurately calculate margins for retailers. This feature empowers retailers to confidently adjust prices while maintaining their desired profit margins.

Automatic Site Feed Updates: According to the vendor, Multiply's feeds automatically connect and update retailers' website prices, eliminating the need for manual updates and ensuring that website prices are consistently up to date across all channels.

Universal Channel Compatibility: The vendor states that Multiply's API seamlessly integrates with all CMS, eCommerce platforms, and over 30 supported marketplaces, offering flexibility and compatibility for retailers to utilize Multiply across various channels.

Intuitive User Dashboard: According to the vendor, Multiply's user dashboard provides a comprehensive overview of products, channels, and settings, enabling retailers to effortlessly manage and modify their pricing strategies with just a few clicks.

Detailed Analytics Reports: The vendor claims that Multiply offers detailed analytics reports that present crucial key performance indicators (KPIs) such as sales, buy box placement, and competitor activity. These reports enable retailers to track their progress and make data-driven decisions to optimize their pricing strategies.