Pricing can make or break a sale. Set prices too high, and buyers scroll past. Set them too low, and you leave money on the table. Closo’s Smart Price Suggestions take the guesswork out of pricing by analyzing market trends, demand, and competition to recommend the optimal selling price.
1. Where to Find Smart Price Suggestions
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Go to your Inventory tab.
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Select a product and click Edit
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Look for the Smart Price field — this is Closo’s recommended selling price based on live market data.
2. How Prices Are Calculated
Closo considers:
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Current marketplace demand.
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Competition pricing for similar items.
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Seasonal trends and buyer activity.
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Your cost and desired profit margin.
3. Applying a Suggested Price
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Click Apply Price to update your listing instantly.
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For bulk updates, select multiple items in the Inventory tab and choose Apply Smart Prices.
💡 Pro Tip: Use bulk price adjustments for seasonal promotions or clearance events.
4. Automating Price Adjustments
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Go to the AI Agent tab.
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Enable Auto-Pricing so Closo updates prices as market conditions change.
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Set a minimum and maximum price to protect your margins.
5. Reviewing Price Performance
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Track how quickly items sell after applying Smart Prices.
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Compare actual sale prices to original prices in Analytics.
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Adjust your automation rules if needed for faster sales or higher profits.
💡 Next Step: Pick 5–10 slow-moving items today, apply Smart Price Suggestions, and track if they sell faster over the next week.
