Can you keep up with all the eCommerce industry changes? What about announced trends for the coming year? Have you already realized the importance of business process automation? What is constant is the continuous growth of competition and the possibility of rapid development in business. The...
The only way to figure out how good you’re doing is to compare yourself to your closest competitors. This way, you’ll get a sense of direction, and even get an early warning sign that you need to introduce some changes. Still, how does one do...
Let’s talk about a topic that’s not so pleasant. Competition. It doesn’t matter if you’re a brand or a retailer, or even the industry sector that you’re a part of. Competition is present everywhere. The business goals may differ from company to company, but the common ground...
The dynamic pricing method has great advantages, but what about its disadvantages? Can the use of it actually endanger your business? Being able to set the right price at any time sounds great, but it's impossible that everything is this easy, right? In...
If you are following from time to time the research in the eCommerce field, you are most probably familiar with some of the facts regarding customers' behavior. One of the main reasons why consumers worldwide choose to shop online is to save money. Therefore, they are in a constant...
Regardless of the product, service, or industry type, pricing strategy is definitely one of the most important parts of any business. Pricing is never easy to get right, for both larger and smaller companies. The market became very dynamic and everything that once was a profitable...
Recent market volatility and heightened customer demands have increased the pressure on online retailers, from small to large businesses. Therefore, the importance of using the right competitor price monitoring tool has been accepted by many eCommerce professionals. Of course, with lots of players on the market...