Shopify Smart Pricing

Thanks for your thoughtful feedback. This is a fair critique on our markdowns and markups feature, which currently uses merchants' cost per item as a margin buffer. We're actively working on a solution to let merchants set their own minimum markup or margin target to cover nuances in their overheads. This would give merchants more control on their margin targets so tips can factor in complexities like VAT, shipping, retail ops, and other costs that matter to their business.

Appreciate the honest feedback. Markdowns and markups use available inventory as one of their signals, so POD and Shopify Collective products won't fit well there when that stock isn't really yours to move. New product price tips are usually a better fit for those items, since they compare your price against similar products across Shopify instead of stock levels. We've logged and shared this feedback with the right teams.

Thanks for flagging this. In markdowns and markups, the tips are based off of your store's aggregated inventory, sales, cost, and seasonality data, taking any markets settings you've configured (ex. % price difference between primary market).

We're working on letting merchants set their own margin targets and taking market specific tax settings into account for price tips. If you have ideas on how we can improve tips to be more relevant for the India market, please share them using the app's feedback button.