Algorithm descriptions
Predefined algorithms
Lowest
Sets your price just below the lowest competitor
X Lowest
Sets your price just below the Xth lowest competitor
X Lowest By Y
Sets your price at the Xth lowest minus a fixed dollar amount Y
X Lowest Y%
Sets your price at the Xth lowest minus Y percent
Average 3
Sets your price at the average of the 3 lowest competitor prices
Average X
Sets your price at the average of the X lowest competitor prices
Discount X Days $Y
Reduces your price by $Y every X days
Discount X Days Y%
Reduces your price by Y% every X days
For a detailed explanation of each algorithm with examples, see the Price Spectre Tutorial.
In addition to the above algorithms Baťa pricing can be enabled for each listing. Baťa pricing is a method of psychological pricing which rounds the calculated price up to the nearest 99¢. If rank cannot be preserved by ending the price in 99¢ it will end in 9¢ instead. If ending in 9¢ is also not possible the final price will be the same as originally calculated by the chosen algorithm. Default behavior will use 99¢ but this number can be configured from the "Behaviors" page.
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