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Configuring Competitor Pricing in Norce Commerce

Overview​

This page explains how to set up competitor-based pricing in Norce Commerce. Competitor pricing allows you to adjust your product prices based on data imported from third-party sources, helping you stay competitive in your market.

Prerequisites​

Before configuring competitor pricing, ensure the following setup steps are completed:

  • A pricing structure is already set up in your Norce Commerce environment.

Preparations​

Before starting the configuration, prepare the following:

  • Competitor Data Integration:
    Integrate competitor data into Norce Commerce. This must be done via Commerce Connect.
  • Competitor Activation:
    Request Norce to activate all competitors on all categories initially. This simplifies the initial setup and ensures all competitor data is available for configuration.

How-to: Set Up Competitor Pricing​

Follow these steps to configure competitor pricing:

  1. Create Competitor Price Lists:
    For each market, create a competitor price list. These price lists should inherit from your standard or market-specific price lists.
  2. Set Competitor Price Rules:
    Define rules that determine how competitor prices influence your own pricing.
  3. Configure Category Competitor Positioning:
    Set the positioning and priority of competitors for each product category. Use the category competitor settings.
  4. Activate Competitor Pricing:
    Enable competitor pricing by setting population rules on the price list and marking the price list as Public.

Tip: Activating all competitors on all categories at the start makes it easier to refine your setup later.

For detailed information about competitor pricing, see Competitive Pricing.

Further Configuration​

You can further refine competitor pricing with additional settings:

  • Client Settings:
    In client settings, enable Competitive pricing (by application) if all your applications share the same competitors.

Next Steps​

After configuring competitor pricing, you may:

  • Migrate products to the new pricing structure.
  • Continue with further setup and configuration as needed.