New option in Price Matrix Report: Percentage difference compared to Targeted price

New Price2Spy features 20.12.2016. Reading Time: < 1

Since Price2Spy client database is growing rapidly, we are constantly trying to improve and enhance our software in order to help our clients work with Price2Spy raw pricing data on several levels.

For that reason we have decided to add an extra option to the Price Matrix report for those who are monitoring Targeted price (MAP) violations.

Until now prices in Matrix were shown as:

  • absolute values
  • percentage of price difference (client’s price as basis)
  • percentage of price difference (cheapest price as basis)

From now on, you will be able to see percentage of price difference in comparison to Targeted price.

All you need to do is choose the Price Matrix report and select the following criteria:

  • Percentage of price difference (Targeted price as basis)

Briefly, the screenshot shown below indicates percentage of the price difference compared to the targeted price that is entered for each product. For instance:

  • Targeted price for Product 1 is 499.00 EUR
  • Site 1’s price is 5.89% lower than the Targeted price
  • Site 4’s price is 28.86% lower than the Targeted price

price_matrix

We hope that this new report will help you get the most out of our Targeted price monitoring module.

Author

Cahide Gunes Pakay
Cahide Gunes Pakay is a Digital Marketing Manager at Price2Spy, an online price monitoring, pricing analytics, and repricing tool used by eCommerce professionals from all over the world. She loves reading, writing, and speaking about e-commerce, pricing, and competitive strategies. You can find her on LinkedIn.