Relevance and longevity of a business in a market is most significantly decided by the prices it labels its products and services with. This becomes further profound when the market zone is extremely competitive. In the latter case competitive pricing can help you make deep inroads into the market share of the existing segment leader…
Know How to Compare, Analyze, and Track Retail Insights with the Aid of Competitive Pricing Intelligence
With the outburst of the massive growth of in the online retailing business that attracts more and more traffic on a daily basis, pricing competition has become an imperative factor for any business’s growth. The latest data mining technologies are used extensively in competitive pricing intelligence to make the business owners aware of the..
Ecommerce is one of the most competitive market sectors, primarily because of the presence of hundreds of ecommerce websites. With so many options for fulfilling essentially a similar role, each ecommerce firm tries out strategies to convert as much customers as possible. These strategies may include attractive discounts or lucrative deals and offers. Some go..
Price optimization has become the high on demand methodology in today’s competitive market for retailers wherein it enables them by a timely accumulation of price and product-related data, to predict price behaviors for the products. The key benefits associated with price optimization for retailers are listed below: Accuracy in making Price related Decisions: As the..
Whether you run a business of your own or are a start-up, you must sooner or later update yourself with the fact that pricing is finally the ultimate game breaker in any business. It is the price which finally affects the buyer’s decision if two similar products are offered by different stores. You may be..
Although web scrapping is one of the easiest ways to extract data for businesses like e-commerce, real estate and others, it can be quite challenging to find the right web scrapping service provider for your business. One of the other important reasons is to trust a third party with your valuable and confidential data. Hence,..
In today’s times, each business is registered digitally hence is also marketed the same way and through the social media. Hence, social media monitoring has become very important in terms of being able to track the sales of any business. Social media monitoring is nothing but listening to what is being communicated across the internet..
To extract data from the different websites can be quite cumbersome if done manually. It not only takes hours to do this but can also be frustrating as it may involve copying and pasting certain texts and images and hence is not a very productive way to extract the data. A good web content extractor..
In today’s times, the entire world’s information is on the internet. So isn’t it also important to have a back up of what all is there on websites. It may not be easy to copy data from each website onto a local file on a computer as websites does not provide any such options. But..
If you are not moving fast in today’s market scenario, you will be left behind in competition. This is only possible when you know what the competition is doing in terms of releasing new products, following attractive pricing strategies, and expanding into your market segments, today. If you are unaware of their accurate pricing strategies,..