Tag: ecommerce

Reading Time: 4 minutes

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 is the same – being better than competitors....
14 April 2021 - 11:21, by , in Price2Spy announcements, No comments
Reading Time: < 1 minute

We are delighted to inform you that our Price2Spy app has been approved as a listed app on the Shopify App Store! Make sure to check it out! “Our clients always come first,” said Misha Krunic, founder and CEO of Price2Spy, “Therefore, it’s no surprise that we are constantly looking for new partnerships from which...
Reading Time: 7 minutes

Using psychology in pricing is not a new strategy. Retailers have always been using different tricks to ensure their products sell well. Over time, some Psychological Pricing Strategies showed better results than the others, and what was a good profit-making marketing and pricing strategy in the past, may not be so useful nowadays. It’s not...
Reading Time: 4 minutes

New beginnings are not always easy. Even when the new market is not oversaturated, making your way around it can be challenging. However, having the help of a price monitoring tool will make this a less bumpy road.  Price monitoring tool has become indispensable for retailers and brands. The reason for such growing interest lies...
18 March 2021 - 12:46, by , in New Price2Spy features, No comments
Reading Time: 3 minutes

Price2Spy has prepared another useful feature – URL notes. Our team has occasionally received inquiries regarding the possibility of leaving notes/comments when entering a new URL in the Price2Spy account. From now on this feature is enabled both for the existing clients, as well as for the new ones.  Let’s explain how this works since...
Reading Time: 7 minutes

It is never easy to set the right price and in a price-sensitive society like ours, if you don’t do it right, your business will be in some trouble. This is the key reason why you need to always carry out price testing, before jumping to any conclusions. We understand that this is not a...
Reading Time: 4 minutes

The eCommerce industry is probably one of the most dynamic industries mostly due to the enormous competition. However, the competition race is not applicable to the new players only. The biggest eCommerce names, such as Walmart and Amazon are a part of this battle, especially during the last few years. These two eCommerce giants are...
11 February 2021 - 13:13, by , in Best practices in price monitoring, No comments
Reading Time: 4 minutes

Competitor price tracking – everyone in the business knows what it is, but the question is how to perform it? As a business, and especially an eCommerce one, the biggest struggle is to outperform your competitors. Having a great product or service is only the first step. The next, and equally important one, is to...
Reading Time: 4 minutes

Setting the right price in online retail can be difficult and time-consuming, but a good pricing strategy plays an important role in the success of your online business. When trying to set the right price for your products, you have to bear in mind many factors, and overcome some basic challenges. However, if you manage...
Reading Time: 5 minutes

The eCommerce industry is under constant change. One of the main reasons for that lies in the fast-paced technology. Depending on your goal, different technologies can come more or less useful. However, there is one that can connect them all – API. The main purpose of APIs is to transfer information from one software to...

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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