Glossary
This glossary explains the main terms used throughout Pricing Analyser.
Boundary Pricing
The use of floor and ceiling prices to define an acceptable pricing range for a product.
Ceiling Price
The highest price considered acceptable for a product. Pricing Analyser can use this when assessing whether a recommended price change would move too high.
Conversion Rate
A measure of how effectively product interest turns into sales. In Pricing Analyser, conversion is shown as a percentage.
Cooldown
A period during which a rule that has already triggered for a product is prevented from recommending another change for that same product.
Dashboard
The main Pricing Analyser screen where products, signals, charts and recommendations are reviewed.
Daily Briefing
The summary email generated by Pricing Analyser to highlight recent store activity and notable pricing opportunities.
Floor Price
The lowest price considered acceptable for a product. It can be used to protect margin and, where enabled, to estimate product margins.
Ignore
An option on the dashboard that allows a product to be excluded from immediate pricing action in the current review workflow.
Interest
A measure of product view activity. Interest is used as an indication of customer attention rather than confirmed demand.
Margin
The difference between selling price and floor price, expressed as a percentage when margin calculation is enabled and a floor price is available.
Price History
A record of how a product’s price has changed over time.
Recommendation
A suggested pricing action generated when a product matches one of the merchant’s pricing rules.
Recommendation Chip
The visual label shown on the dashboard that displays the matched rule and suggested price movement for a product.
Rounding
The process of adjusting calculated prices so that suggested prices use cleaner or more commercially appropriate endings, such as .99 or whole-unit steps.
Rule
A pricing condition defined by the merchant. A rule checks one signal against a threshold and recommends a pricing action when the condition is met.
Sales (24h)
A rolling 24-hour sales signal based on units sold during the last 24 hours.
Sales (Yesterday)
A sales signal based on the previous complete calendar day.
Sales (7d)
A sales signal based on units sold over the last 7 complete days.
Sales (30/60d)
A sales signal based on units sold over the active 30-day or 60-day history window.
Scope
The set of products a rule or bulk action applies to, such as all products, selected categories or selected products.
Signal
A measurable product-performance value used by Pricing Analyser when evaluating rules.
Suggested New Price
The calculated price proposed by Pricing Analyser when a rule matches.
Trending
A score from -9 to +9 showing whether recent sales are stronger or weaker than the earlier sales baseline.
Variation
A specific version of a variable product, such as a particular size or colour.