Send a price drop alert to let customers know that a particular item that they have recently viewed is now available at a reduced price.

The target audience can also be customers who have added the item to the cart and not purchased, customers who added the item to a wish list or liked the item, and so on.

Prerequisites

Before you reach out to Blueshift to set up the price_change derived event, you must complete the following tasks.

  • Upload a catalog with price information to Blueshift.
  • Update the catalog with price changes as and when the price changes.
  • Send customer activity data (events) with catalog item interactions to Blueshift.

Event Input

  • Specify the criteria for the target audience - For example, all customers who had an event A (e.g. view) for an item but did not have an event B (e.g. purchase) for the item within the past N (e.g. 7) days.

Event Output

Blueshift will configure the logic which generates a "price_change" event whenever the price of an item changes for any customer who meets the above criteria. Each price_change event contains the following information:

  • Item - the item for which the price has changed.
  • Old price - The previous price for the item.
  • New price - The updated price for the item.
  • Price change - The difference in the price of the item. 
    • A negative price change means that the price has dropped for the item. 
    • A positive price change means that the price for the item has increased.
  • Price Change Percentage - the % of price change.
    • A negative value means that the price has dropped for the item. 
    • A positive value means that the price for the item has increased.
  • Customer - the customer who needs to be alerted about the price change.

Example:

{
 "event_uuid":"0d6518b6-9f0f-48d3-8478-f73c5d97ede7",
 "account_uuid":"c091b62a-3589-43cd-9290-0cdca2fe3871",
 "site":"demosite.com",
 "computed_timestamp":"2022-09-22T07:20:46+00:00",
 "event":"price_change.view",
 "user_uuid":"5090413b-c831-48bd-abdf-3e7080184aa5",
 "product_ids": [
  "9780307346230"
 ],
 "timestamp":"2022-09-22T07:35:28Z",
 "computed_event_uuid":"dd64d3fe-ad1f-4561-9658-6d8b61ab5fd8",
 "old_price":13.43,
 "new_price":11.76,
 "price_change":-1.67,
 "price_change_pct":-12.43,
 "product_save_mode":"append",
 "action":"custom_event",
 "custom_event":"price_change.view"
}

Recommendation Scheme

(Optional)

If you want to include items in the messaging templates in the form of recommendations, you must set up a recommendation scheme. You can use the Retail - Price Drop recipe as the basis for the scheme.

Trigger the campaign

Set up an event triggered campaign which is triggered by the derived price_change event. Use the Triggering event attributes to select the right target audience.

Note: You can also set up a segment and use it in a segment based campaign.

Example

The derived event price_change.view is used to trigger the campaign. 

The Triggering event attribute, price_change_pct, is used to target customers who have viewed products for which there is a greater than 10% reduction in price.

de_campaign_pricedrop.png

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