Category: Best practices in price monitoring
This holiday season is set to be unlike any other in the past. Everyone eagerly awaits the holiday season in the hope that it will increase sales and at least partially mitigate the effects of the Covid-19 crisis. That is precisely why eCommerce waters have been turbulent more than usual during this time of the...
During 10 years in business, Price2Spy has always advocated a comprehensive approach in price monitoring. This means that we often draw customers’ attention to the fact that the product price is not the only reason for their success or failure. The price factor certainly plays an important role, but monitoring product availability can often be...
Price comparison has been a topic of interest for economists for hundreds of years. Although numerous methods have emerged over time, it is still impossible to point one out as universal and the best. The appearance of price monitoring tools has made the choice even bigger. Two price comparison methods stood out though: Total basket...
Who wouldn’t want to have evidence of competitor’s price changes? Of course, everyone working in the eCommerce sector tends to monitor the competition, but that’s not always easy.  You for sure have found yourself in the situation where you’ve spotted a price change (or a price violation) on a monitored website but the next time...
24 September 2020 - 9:08, by , in Best practices in price monitoring, No comments
Starting a business now is easier than ever, but at the same time, that means that the competition is also fiercer than ever. One of the biggest struggles for today’s’ business is to find a way to be a step ahead of the competition. That goal can’t be reached unless you’re performing competitors’ price monitoring....
17 September 2020 - 10:18, by , in Best practices in price monitoring, No comments
The pandemic stirred up eCommerce waters. Customer behavior and customer relationship suddenly became more important than ever and we’ve been overwhelmed with different research regarding this topic. While customer behavior received huge attention, one sphere was left less-documented – how the relationship between brands and retailers was affected by this situation? We are witnessing an...
7 September 2020 - 12:25, by , in Best practices in price monitoring, No comments
eCommerce is one of the most competitive markets, therefore the changes are happening almost on a daily basis. Websites are trying their best to outsmart the competition, and one of the ways of doing it is by trying to prevent automated price monitoring. A website that was trying to do the same is Vectorconect.ro. However, Price2Spy...
3 September 2020 - 10:48, by , in Best practices in price monitoring, No comments
Did you know that businesses in the US lose $75 billion a year due to poor customer support? Probably you didn’t. So, it’s fair to assume that outstanding customer support became a true game-changer. High-level customer service sustains customer loyalty and customer retention rates. Eventually, that means more profit. It comes as no surprise that...
As a SaaS company, there is one incredibly valuable aspect that your company needs to use in its growth strategy – flexibility. But what exactly does it mean to be flexible? The understanding of flexibility will of course vary from company to company, depending on their business environment. In the case of Price2Spy, flexibility is...
With so many apps on the market, price comparison has almost become an everyday activity. However, price comparison wouldn’t be possible without its key piece – product matching. For quite some time now, we’re witnessing many competitors who are offering very cheap and overly simplistic methods for product matching, bringing results that are of very...

About Price2Spy Blog

This blog is a place for eCommerce professionals to discuss ideas, methodologies and strategies to compete more effectively in the ever more tightening world of online retail. We explore things like competitive price monitoring, competitor business intelligence, competitive pricing, and counter-intelligence in general.

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