Understanding the Customer Mindset Whether it’s comparing headphones on Amazon or checking local grocery delivery apps for the best deals, consumers today are more informed — and more price-conscious — than ever before. Their path to purchase is filled with moments of evaluation, hesitation, and persuasion....
Working in a fast-changing and competitive environment like eCommerce is becoming increasingly difficult. It’s hard to keep pace with all the competitors out there trying to sell as much as they can and using many different ways to do so. You have to prepare and arm...
One of the most popular terms in the eCommerce world is a price monitoring tool. While some cannot imagine the functioning of their business without such a tool, others are still skeptical and consider whether they need it. If you are in doubt about whether you...
Or, in other words: when using a price monitoring tool, will someone else be able to make use of your data? An example of a data privacy breach Since we at Price2Spy are always trying to be on top of all the changes happening in the industry,...
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...
An eCommerce Superhero Everyone Needs Every now and then, a new tool for price monitoring appears on the market. Thanks to that, you are now able to choose between a lot of good software that can make your life easier. However, not every one of...
Nowadays technology allows eCommerce businesses to become global operators. Even the smallest brands can have clients from all over the world. What does that mean when it comes to price monitoring? In the sea of different price monitoring tools, you need to pay attention to one...
Starting a business now is easier than ever, but at the same time, that means that the competition is also fiercer than ever. One of the biggest struggles for today's’ business is to find a way to be a step ahead of the competition. That...
You often hear that setting the right pricing strategy for your business is the hardest thing to do. Over the years pricing professionals have come up with metrics for your pricing efforts – and it’s called Price Index. The price index represents the average of...
Did you know that over 87% of shopping journeys start online now? Well, at least that was before the coronavirus outbreak. Now, with social distancing and countries being in lockdown, there is a massive opportunity in how retailers can invest in optimizing their online stores. There...