ChannelAdvisor rallies after announcing Amazon pricing service

|About: ChannelAdvisor Corp (ECOM)|By:, SA News Editor

ChannelAdvisor's (ECOM +4.4%) new Repricer with Pricewatch service monitors price changes for various goods sold on Amazon, and "strategically adjusts prices" for ChannelAdvisor clients selling on Amazon based on retailer goals.

ChannelAdvisor argues its service increases the odds a client's products will be featured within Amazon's Buy Box, As it is, clients have been seeing very strong same-store sales growth on Amazon (+26% Y/Y in March vs. +18% on eBay).

Q1 results are due on Monday.