Coded uses machine learning to intelligently decide how to price items for each customer. We may adjust the price of your product by up to 20% on a customer by customer basis. This price adjustment may appear as a coupon, special, or promotion. Prices that are subject to adjustment are marked with a ± 20% in the price list of the Add a New Product page.
How Price Optimization Affects Developer Earnings
If we adjust the price of a product, the Sale Price of your product is also adjusted. If your product is listed for $19 ± 20%, your product may sell at any price between $15.20 and $22.80. Your commission will be 90% of the sale price.
Coded offers the highest commission rate of any creative marketplace. By using price optimization, developers will earn more over time.
The Benefit of Price Optimization
Marketing and advertising can be costly for more marketplaces. Consider that when a customer visits Coded and considers making a purchase, the price may be the ultimate deciding factor in the customer's decision. By using price optimization, we can encourage indecisive customers by offering a coupon or some other form of promotion. This means more sales for you as a developer and more earnings for the community at large. Due to the experimental nature of this technology, price optimization may not be used all of the time. However, price optimization is incorporated into the marketplace for the sole purpose of increasing earnings for you as the developer.