Price Matrix on given date

1 September 2014 - 12:01, by , in New Price2Spy features, No comments
Reading Time: 2 minutes

The Price Matrix Report – a report all Price2Spy clients are very familiar with just got another important feature. Remember, initially it was only a matrix showing current prices across the competitive landscape. Later on we added an option to show price differences as percents, after which followed an additional column analyzing and showing the exact position that own prices hold in the market.
Today we present a new feature added to the Price Matrix Report – a possibility to run this report and see the exact prices on a past date.

The image below shows prices as they are today (today’s prices will be shown by default when Actual pricing data option is chosen). If we focus on the first product called 770 PRO 80 we will see that it is monitored on 5 sites and the price ranges from 133 EUR to 148 EUR

 

Copy-of-matrix

To be able to see the Historic Price Matrix on let’s say June the 19th, that date would need to be chosen in the filter above the Matrix (marked in red).

The image below shows the same matrix on June the 19th. Of course there have been many price changes but if for instance we focus on product 770 PRO 80 on site Records we will see that the price on June the 19th was 135 EUR (today is 159 EUR):

 

Copy-of-past-matrix

Or let’s take a look at a bigger picture – the 2 matrices show that sites Records and Amazon T tend to be on a more expensive side (red colour is prevailing in both matrices). While for the rest of sites (Amazon D, Amazon R, X-shop) green is dominant, meaning that they keep their prices quite competitive.
Hope you will make a good use of this new feature we’re so proud of!

 

 

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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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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