AI Pricing Overview


AI Pricing Settings


1.Open the Inventory Module, and then go to Setup, then Options.





2.This will allow you to configure AI Pricing pricing settings.

Note: Please contact sales at 1-800-785-4800 to start using the AI Pricing feature.





a.Click on the AI Pricing menu option to the left.

b.Adjust Suggested Price for Item Fees - Adjusts the price assigned to the item to take item fees into account. For example, if an item has a $5 item fee and you select an AI suggested price of $25, Liberty will price the item at $20 so that it will sell for $25 after including the item fee.

c.Suggested Price Differential - The AI Pricing tool does not take location into account. Stores in high cost areas may want to increase the differential, while stores in low cost areas can reduce it. A differential of 100% uses the exact price suggested by the AI.

d.Round Suggested Prices to nearest Dollar - Rounds prices to an even dollar amount.

e.Include Title in Price Check - Add title to the search parameters, in addition to category and attributes.

f.Click the OK button when finished.




Using The Pricing Tool


1.Click on the Account List button, then type the account name or number in the Search field.  

Click on the Account and then click on the Add Inventory button.





2.Select a Category, Brand, and any other Attributes you wish to include in the search.

The Description field is also used in the search. You can include a specific model, if the item includes this information.

It is recommended that you include as much information as possible in order to increase the accuracy of the AI Price Suggestion.



Note: Description is also used in the search. This can be helpful if you want to lookup a specific model of shoe.



3.Category and Brand are required! An error will pop up if they are not filled in.





4.Click AI Pricing below the attribute box.





5.The Pricing guide will include a Suggested MSRP (retail price), along with suggested High, Avg., and Low prices for resale.

Click on a Price Suggestion to automatically fill in the price field.





6.Click More Information for a disclaimer about the price generation.





7.After selecting a price, confirm the price is in the Price field.





8.Any change in attributes will prompt a new search.

For example, changing the shoe color from green to beige gave higher suggested prices.




If you get a “Monthly Usage Exceeded” error, it means you have hit the monthly lookup limit.








Related Topics


AI Pricing Settings


Using The AI Pricing Tool