Pricing intelligence is an irreplaceable part of today's successful business. Pricing competition has become hotter than ever due to massive growth in online retail that's driven by more and more customers. The transparency of eCommerce gives customers the ability to easily see which store has...
If you’re using our Pricing strategies, there is a new addition you should check out. Columns Current profitability and Suggested profitability have been added in the preview of the following pricing opportunities: Clever drop and Clever raise. Briefly, new columns represent the potential profitability that can be...
Since Price2Spy is a tool used by hundreds and hundreds of clients, we care a lot about our clients and their ideas - it's what helps us build a better tool. Therefore, upon one of our clients’ request, we have decided to add a new report...
A couple of months ago we promised you more language options. Finally, we are happy to announce our 2 new language options for the following languages - French and Serbian - in addition to Turkish, Dutch and Russian. From now on you will be able to...
Starting a business is one of the most difficult challenges for all entrepreneurs. On the other hand, being ready to take full responsibility of the new start-up and keeping up with the competitive market conditions with little experience make things harder and harder. However, knowing these...
Too many entrepreneurs are doing business in different locations or too many of them are planning to enter new markets all around the world. But the question is: are they actually paying attention to set prices to be fair enough for different locations? Unfortunately, the...
Lately, the competition on the market has increased the pressure on the product pricing process so greatly. Whenever companies realize the consumer spending is slowing down, they are trying to spend more time defending their market position and prices. Staying ahead of the competition may...
After an explosion in the number of brands and communication channels, it is getting harder to build strong brand awareness in the ever-changing market conditions. Moreover, similar products and services in many industries make more difficult to protect existing brands' permanency. That is why understanding...
A successful business is based on one simple concept: trust. However; it is an unavoidable fact that earning this trust is not so easy. Especially, earning this trust as an online merchant is a big deal. The importance of trust If you ask any salesperson if there is any weapon more powerful from pricing, most...
The importance of using the right pricing strategy has been accepted by many companies. A 1-percent price increase or decrease will influence the results in terms of profit. Therefore, thousands of pricing decisions are made by different companies in every year - in order to...