PriceSpider Introduces Dynamic Re-pricing Engine for Marketplace Sellers

IRVINE, Calif., June 10, 2014 /PRNewswire/ -- PriceSpider, a leading online retail marketing service provider, today announced availability of its re-pricing engine that enables manufacturers and resellers to automatically adjust pricing based on preset or on-the-fly criteria as it pertains to competitive market activity.

"Manufacturers and resellers traditionally set prices based on the actions of large marketplace sellers," said PriceSpider CEO, Anthony Ferry. "When a price drops on one of those major sites, there is generally a flurry of activity by others to price the item effectively to claim the 'buy box' – our PriceSpider re-pricing solution helps more sellers compete more effectively."

The PriceSpider re-pricing engine helps sellers intelligently and dynamically price products. It provides the actionable data needed to set rules, manage strategy and optimize pricing activity with complete visibility into the market.

The PriceSpider dynamic re-pricing engine is available now; for more information, visit www.pricespider.com.

About PriceSpider

PriceSpider is the provider of an online Where-to-Buy (WTB) service that offers real-time stock availability and pricing data across the retail channel for both online and local sellers. In addition to PriceSpider's unique and proprietary web crawling technology, the company also offers services including MAP monitoring, price monitoring, ratings & review monitoring and other valuable data reporting tools that utilize the same technology.   

PriceSpider is based in Irvine, Calif., and is charged with helping major brands get closer to their customers, strengthen their seller relationships and gain invaluable marketing information about their channel activities and sales.    

SOURCE PriceSpider