New zoom in options in Product history charts!: Even easier to spot who dropped the price first

27 June 2016 - 11:52, by , in New Price2Spy features, No comments
Reading Time: 2 minutes

A new major addition has just been released for all Premium users – new zoom in options in Product history chart. It is now even easier to spot who dropped the price first in case your competitors / retailers tend to drop prices consecutively. Let’s take a look at a standard product history chart filtered for 3 sites that changed prices on the same day:

daily

We can see it is very difficult to spot the changes since the site lines overlap and the chart isn’t zoomed in enough. That’s where our new options kick in!

Now you can click on the desired date, in this case June 16th. Also, you can click on the Daily Chart button to open the detailed view of that day’s price changes:

daily 1

We can now clearly see that even though the price changes occurred on the same day, they occurred over the period of 7 hours. Scrolling down also gives us an hourly list of the price changes:

daily 2

It is very easy to spot that

  • Site 1 lowered the price first at 11:48
  • Site 2 lowered the price second at 15:18
  • Site 3 lowered the price third at 17:46

This new option makes it easier to spot and record multiple violations of Targeted price which occurred in the same day, which helps you prove who dropped the price first, and which retailers followed.

It can also help you analyze pricing patterns according which your competitors / retailers act – who leads, and who follows in the domino-effect price changes.

What do you think about our new option? We’re happy to hear from you!

 

 

About Price2Spy

 

Price2Spy is an online service that provides comprehensive and suitable solutions for eCommerce professionals including; retailers, brands/manufacturers and distributors in order to stay profitable in the current competitive market conditions. If you want to learn more about what Price2Spy can do for your business, please get a personalized free demo or start your 30-day free trial.

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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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