Online retail market is more competitive than it ever was. In a market with stiff competition, a retailer is competing against hundreds and thousands of retailers to say the least. Periodic, accurate and proper competitor price monitoring in real time is essential for all retail businesses nowadays. At the end of the day, it becomes..
If the internet is an ocean, every business wants to be the big fish of this vast ocean. You want to ace the game and so do your competitors. So what makes the real difference here? The answer is really a no brainer- A good competitive pricing strategy. If you are leveraging the big data..
The ever competitive retail industry has made retail price intelligence indispensable to the industry. In order to beat the heat of the industry, one must surely have a cutting-edge ‘retail pricing intelligence software’ in place. Here’s a list of must have features of a comprehensive retail pricing intelligence software- 1.Product Matching Product matching is a..
Web data scraping is not just confined to copying and pasting data. There is more to it. Web data scraping involves a complex process with multiple layers. These layers exist between targeting the sources and extracting data that’s usable. There are several factors that determine the cost of a web data scraping service. Here’s a..
Competitor Price Monitoring These days, you tend to hear a lot about Competitor Price Monitoring and Pricing Intelligence. Most businesses credit these tools for their annual profits and most pricing experts utilize them to study the competition and plan a profitable pricing strategy. And this is true since an effective pricing model is crucial to..
Monitor Competitor Prices in Real Time Today’s markets and industries rely on effective pricing strategies to help them dominate their markets. Usually, other than product quality, price difference is what makes the difference between getting and loosing a customer. Hence, if you are not satisfied with your sales despite having a high-quality product or service,..
Monitor Competitor Prices in Real Time Running a business is never child’s play. It requires the strategic mindset of a military general to simply make your business generate some profits. If you want your business to flourish and thrive in the modern market, you need more than just strategy. Today’s markets are extremely dynamic and..
Competitor Price Monitoring Monitoring your competitors’ price trends is a crucial step to making a sustainable pricing strategy. Most businesses that try to make pricing models without studying their competition can either loose customers for not offering the best price or not make enough profits because of offering a low price. Most markets in the..
Retail Pricing Intelligence Solutions Businesses rely on increasing their sales and prices to increase their profits. Increasing your prices can benefit you if your product outshines those of your competition by a large factor, however, even then the profit is only short term and will eventually diminish because increasing prices will drive away your customers…
Competitive Pricing Intelligence An efficient pricing strategy is one of the most important tools a business can apply to increase their sales and get more customers. This often puts pressure on businesses to lower their prices and try other selling schemes, such as a seasonal sale, to outmatch the competition. However, without the help of..