Huge numbers of different SKUs is what characterizes our clients from this industry - usually it's 50K SKUs and more (in some cases even 500K different SKUs). This industry has standardized part numbers, meaning that Automatch is usually possible. However, some manufacturers have real short part numbers (for example: 8145) which can lead to potential mismatches. In such cases we usually go for additional Automatch validation - making sure that the brand name is a match as well. On the other hand, this approach is not fully error-free, since (believe it or not!) brand names are not fully standardized (for example: some site will say GE, while other will name it General Electrics).
In quite a few cases we have coupled standard Price2Spy price monitoring service with crawling / scraping competitor website product content in order to provide our clients with a source of structured product data - typically containing product name, description, image, and individual product attributes.
One of the specifics of price monitoring we have encountered working with clients in electrical industry is the 'quantity factor'. Say for example that sites A and B sell the same product - but site A sells it in 'eaches' (a piece), while site B sells only boxes of 20 products. In such cases our clients ask us to perform additional price calculation, making sure that the price shown on site B gets divided by 20 - so they get a more realistic price comparison between sites.
Price2Spy will enable you to identify your competitors' pricing policies (which probably differ from one brand to another, from one product category to another), and to swiftly react to important price change alerts (for example, when a competitor lowers the price below a certain threshold). In case MAP-enforcement is needed, Price2Spy will indicate the MAP-pricing violations.
Here is how Price2Spy can help product managers from this industry