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Catalogue performance Indicators
Marketplace KPIs: Keys to push your performances to its full potential
In the Marketplace beating your competitor’s price is one thing. Beating your own performance is everything.
Indicators for Performance
Learn your position from the Marketplace KPIs, optimize operations and business decisions to perform better in marketplaces.
Marketplace Catalogue KPIs
Identify and understand:
- Number of uncontested unique products you have in marketplace
- Products that are buy box worthy and vice versa
- Products that can become buy box worthy
- Competitors competing with you on multiple products
- Number of competitors for a product and the standing of your product price among them etc.
Global Channel Health
Track the evolution of your online store in the ecommerce marketplace. Your store is rated based on an adaptive marketplace strategy to have the most accurate results. The products are evaluated to be buy box worthy on three key attributes their price, store reliability in the marketplace and their shipping time.
Global Application Status
Stay posted on the application status on:
- Marketplace synchronization
- Strategy configuration
- Price optimization
- Price differences in products
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LDLC
Leroy MerlinFrequently Asked Questions
What are Catalogue Performance Indicators (KPIs)?
Catalogue KPIs are metrics that help measure and assess the performance of products in a marketplace. These indicators help identify the number of unique products, competitors, and product prices, among other things.
What are the benefits of using Catalogue and Marketplace KPIs?
The use of Catalogue and Marketplace KPIs allows businesses to understand their performance and make informed decisions on operations, pricing strategies, and product improvements. The KPIs can also help identify areas for improvement and reduce costs.
What is Global Channel Health?
Global Channel Health is a tool that tracks the performance of an online store in an ecommerce marketplace. It evaluates the products’ buy box worthiness based on three key attributes: price, store reliability, and shipping time.
How can I test Boostmyshop myPricing for free?
You can test Boostmyshop myPricing for free by booking a demo or a free trial through the company’s website.
Can Catalogue KPIs help me improve my product pricing strategy?
Yes, Catalogue KPIs can help you understand the standing of your product prices among competitors and identify opportunities to implement the appropriate dynamic pricing strategy to optimize your competitiveness
What kind of data is used to measure Global Channel Health on Boostmyshop myPricing?
Global Channel Health measures the performance of an online store based on an adaptive marketplace strategy, which evaluates product buy box worthiness based on price, store reliability, and shipping time.
Can Boostmyshop myPricing detect issues in my marketplace application?
Yes, myPricing is designed to alert you if there are any issues in the application, such as synchronization problems or price differences, and provide information on how to resolve them.
Is Boostmyshop myPricing limited to a specific marketplace?
No Boostmyshop myPricing can connect to morethan 300 marketplaces
How can Boostmyshop myPricing help me compete with my competitors?
Boostmyshop myPricing provides valuable insights and metrics, such as Catalogue KPIs and Global Channel Health, to help you understand your performance and make informed decisions on pricing, operations, and product improvements. This can help you stay ahead of your competitors and improve your marketplace performance.
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