Mirakl is a powerful platform used by numerous retailers and businesses worldwide to create and manage their own online marketplaces. It powers the marketplace infrastructure for companies like Rue du Commerce, Carrefour, Conforama, and many others, enabling them to offer a wide range of third-party products to customers. Unlike traditional marketplaces such as Amazon or Cdiscount, where a Buy Box is awarded to a specific seller, Mirakl marketplaces list offers in order of increasing landed price. This makes competitive pricing essential for sellers who want to stay visible and maximize their sales. Multiply’s advanced repricing algorithm helps sellers on Mirakl-powered marketplaces optimize their pricing strategies, ensuring they remain competitive while maximizing profits.
On Mirakl-powered marketplaces, there is no single Buy Box. Instead, offers from multiple sellers are displayed in ascending order based on the total landed price, which includes both the product price and shipping costs. This means that the lowest-priced offers receive the most visibility, making it critical for sellers to optimize their pricing in order to stand out.
For sellers on Mirakl marketplaces, the challenge is not only to offer competitive prices but also to strategically adjust prices based on competitor behavior and product condition. Multiply’s repricing solution automates these price adjustments, helping sellers maintain optimal pricing for maximum visibility and sales.
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