What are bounds ?

Updated by Constance Colboc

For each offer of your catalogs, Multiply recommends prices within a price range. The price range is defined by a lower and an upper price bound. A price bound is a price limit that is strictly respected by Multiply when making a price recommendation. From bounds parameters, Multiply follows specific rules to calculate your effective price bounds.

No price recommendations are made when effective bounds are missing or invalid. It is mandatory for Multiply to have a valid price range defined by effective bounds in order to make price recommendations.

And it is important to define a relevant price range to make the most of Multiply’s ability to win the buy box, maximize the buy box time and keep the highest possible margin in the buy box. At the same time, the price range needs to respect your business expectations and prevent negative effects on your margins or your competitivity.

You will find your SKU bounds in the detailed screen of each of your offers.

3 METHODS TO DEFINE YOUR BOUNDS

3 METHODS TO IMPORT YOUR BOUND PARAMETERS

Values (a min and a max price in the catalog currency)

Manually (manual)

Margin rates (Multiply calculated a min and a max price that respects given min and max margin rates)

File import (manual)

Ratio (a min and max ratio applied on a given or guessed reference price)

Integration (automatic, once a day)


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