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Competitor Info
 
bee1
Jr. Member
 
Total Posts:  20
Joined:  2008-06-13
 

As anyone in the marketplace knows, knowing what you competitor is charging is CRITICAL to your success...Magento has already accessed Google’s backend...is there any hope that in the future you might be able to let your loyal Magento users get some idea of what their competitors pricing is based on Google...THAT WOULD BE SUPER HELPFUL. Of course, it would not be complete without a way to auto adjust our pricing based on our competition and of course rules that we set. There would need to be a way to calculate a baseline profit (low), an ideal profit (high) and make sure that we do not drop below those two parameters. This would need to take into effect our cost for the item and any fees associated with the sale of that item. From there we would have to make sure that less our cost/fees our price would not adjust below the minimum amount of profit we would need to sell that item...JUST A THOUGHT…

 
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