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TEL AVIV, ISRAEL, February 16, 2012 /24-7PressRelease/ -- CEO Victor Rosenman today announced the launch of FeedVisor's algorithmic repricing platform, that will simplify and irrevocably improve merchants' pricing strategies on e-Commerce marketplaces such as Amazon.com.
"FeedVisor's algorithmic repricing platform is fully automated and is designed to maximize e-Commerce marketplaces effectiveness and in turn, improve profitability," says Rosenman. "Other companies offer repricing tools that are needlessly overcomplicated. They are packed with features and have an extensive learning curve.
FeedVisor, on the other hand, offers ease of use as its primary feature. The algorithms do all the work automatically, which frees up the client to focus on making money."
FeedVisor's repricing software, is completely web based, easy to integrate with various inventory and order management systems, very intuitive, and very effective. It's highly scalable cloud-based technology continuously analyzes competitive offerings and applies the best possible pricing strategies to increase sales, prevent price wars and optimize profitability.
Rosenman believes that customers don't want or need to understand every detail about repricing tools. Instead, he says, that is FeedVisor's job. "We are a technology company and our strength is in the sophistication of our algorithms and our ability to make them user-friendly. The technology, which is strong on algorithms, is something every serious retailer must have to succeed in the market. And on-line retailers should use their time to sell products rather than investigating the best price points, while FeedVisor examines all the parameters to determine the best pricing automatically.
Yair Margolin, who is the CMO of FeedVisor, adds that "If you want to stay ahead of your competition then you need FeedVisor". "It's the most effective repricing software on the market today. All you need is to define the price range for each product and FeedVisor will optimize the price to maximize the Buy Box presence. It's really that simple."
FeedVisor's solution is a strategic tool which enables sellers to trade between the profit margins and selling volume in real-time, based on previous activity. Its algorithms continuously watch sellers' key performance indicators. Alerts indicate changes in demand and in competitors' prices. Sellers simply click to tell FeedVisor what action to take.
FeedVisor is located in Tel Aviv, Israel.
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