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Feedvisor launches repricing dashboard for online retailers

According to the company, the Revenue Intelligence Dashboard utilizes self-learning algorithms to present the seller with in-depth business information and adaptive alerts, enabling smarter decision making and optimized business operations.

September 16, 2014

Feedvisor, an algorithmic pricing and business intelligence platform for online retailers, has announced the launch of its new Revenue Intelligence Dashboard, designed for high-volume Amazon merchants. According to the company, the Dashboard utilizes self-learning algorithms to present the seller with in-depth business information and adaptive alerts, enabling smarter decision making and optimized business operations.

“Feedvisor’s self-learning algorithms collect and analyze a massive amount of information from thousands of data points, which have until now been used to drive our repricing platform,” said Eyal Lanxner, Feedvisor’s Vice President of R&D. “We have now opened up this rich data to our customers in a clean and intuitive way, providing them with a level of knowledge they simply did not have access to before. Our new Dashboard delivers critical business insights and adaptive alerts, which will play a key role in the day-to-day management of a retailer’s online business.”

Feedvisor’s algorithms automatically analyze the competitive environment, product demand and price elasticity of every single product in a seller’s portfolio, and further utilizes this information to identify issues that the seller could not have found otherwise. For example, the Dashboard will highlight items that are not selling or are selling too fast, show the retailer exactly why this is happening, and enable them to immediately make any necessary changes. Stale inventory could mean that the seller needs to review the floor or ceiling price of the product, whereas inventory that is moving too fast could signify the need for the seller to alter their replenishment strategy.

The company says its Revenue Intelligence Dashboard gives the seller both a high-level view of their key performance numbers such as sales and profitability, and enables them to drill down to find more specific information. Sellers can identify which brands are making the most profit, which top-selling items are incurring a loss, or which items are no longer competitive.