Dynamic Repricing Tool for Grand Bazaar Group : Boost Your Sales with Boostmyshop's

About Grand Bazaar Group

Grand Bazaar Group is a distinguished marketplace for handcrafted and artisanal products with €180+ million in annual revenue connecting craftspeople across Turkey, North Africa, and the Middle East with international consumers. Their platform unites 3,500+ artisans and traditional workshops with 4.2+ million global consumers seeking authentic cultural merchandise, featuring 85,000+ handcrafted products with particular strength in textiles, ceramics, metalwork, and traditional home décor. In the €35+ billion global artisanal goods market, Grand Bazaar Group attracts 1.8+ million monthly visitors with 70% being culturally-conscious consumers from Europe and North America. MyPricing helps artisans navigate this specialized marketplace where strategic pricing can increase product visibility by 38% and cross-category sales by 42% in a sector where tourism seasons, cultural festivals, and holiday periods drive 5-6 major sales cycles annually with 130-170% traffic increases. The platform's dual pricing approach (where items are simultaneously offered to local and international markets with distinct pricing expectations) creates complex optimization challenges requiring sophisticated algorithms that balance authentic valuation with international market expectations while accounting for currency fluctuations, shipping logistics, and Grand Bazaar Group's cultural preservation ethos which prioritizes sustainable pricing that supports traditional craftsmanship.