Category: Best practices in price monitoring

Reading Time: 5 minutes

Nowadays, coming up with something completely innovative in business really does seem like a daunting task. So, your train of thought should be different – it is not always necessary to try to be innovative, but instead to think of ways to connect with the existing customers. Why this connection is so important? One of...
Reading Time: 5 minutes

“It is a capital mistake to theorize before one has data. Insensibly one begins to twist facts to suit theories, instead of theories to suit facts.” These were the words that Sir Arthur Conan Doyle used back in 1887. when writing the first Sherlock Holmes book. The importance of having the right information before making...
26 September 2019 - 9:50, by , in Best practices in price monitoring, No comments
Reading Time: 5 minutes

No matter if you’ve just entered the eCommerce world, or if you already are a true professional, it would be almost impossible that you aren’t aware of the advantages that bundle pricing can offer to your business. It seems like a win-win situation: customers get more for a lower price, and companies get to sell...
19 September 2019 - 9:12, by , in Best practices in price monitoring, No comments
Reading Time: 5 minutes

Years ago, customer interactions were limited to call centers or retail outlets. Nowadays, by the technology rise, the field of customer experience became more opened up for new opportunities for engagement. The customer experience (often referred to as CX), defines the perception of the experience that the customer had with your brand. In fact, in the situation...
12 September 2019 - 8:38, by , in Best practices in price monitoring, No comments
Reading Time: 6 minutes

At a time when eCommerce is increasingly overriding traditional ways of shopping, it seems that there is still one important point where brick-and-mortar stores have an advantage – they don’t face cart abandonment problems. If you think about it, it really is a rare case that someone leaves a full cart at the cash register...
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Minimal Advertised Price (MAP) represents the lowest price that a retailer is allowed to advertise the products for sale. In order to put things clear for the very beginning, it is important to point out that this rule doesn’t define the lowest price by which the product will be sold, but only advertised. One of...
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If you are in doubt from where to begin when starting a new business, then competitor analysis should be the first thing for you to consider. There is a saying that preparation is the key to success, and in order to do so, you always have to think of new ways to stay one step...
Reading Time: 6 minutes

One of the most popular shopping channels whose popularity abruptly took off would be mobile commerce (mCommerce). If eCommerce has already shaken the whole industry from the ground up, one might ask is there anything new that the tech world would be able to offer and even more, to have such an impact? The mCommerce...
Reading Time: 2 minutes

The number of e-commerce companies which use web crawler is growing rapidly due to the current competitive market conditions. There are many industry examples where Price2Spy web crawler is currently being used by many of our clients. However, since the use purpose of web crawler varies on a case to case basis, we thought that...
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The transition from offline to online shopping at the time was an event by itself, but the e-commerce didn’t stop there. Since its introduction in the 1990s, it seems that the e-commerce industry hasn’t stopped evolving. Therefore, the business has gone through some huge transformations and as a result, the Internet became the place to...
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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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