The source said that Taobao launched the "five-star price power" tool in the backstage of some merchants.

CTOnews.com March 24 news, according to round-the-clock technology reports, Taobao has been in the background of some merchants online called "five-star price power" business tools.

Relevant information shows that the "five-star price power" tool can provide merchants with the price power score of the goods being sold in their stores, which is divided into five stalls. According to the different stall evaluation stars, Taobao will implement different search traffic recommendations for the products.

In addition, the tool can also evaluate the pricing power of products in stores and give more appropriate price recommendations. Judging from the current news, this tool has been put online in many categories in three major industries, such as consumer electronics, food, home decoration, and so on.

According to previous reports by CTOnews.com, Taobao is also testing the same price comparison function internally, which can directly compare the lowest price of goods with the price of the whole network, saving consumers' time and energy, and improving the efficiency and accuracy of price comparison.