Tag: price monitoring

24 March 2022 - 11:32, by , in Best practices in price monitoring, Comments off
Reading Time: 6 minutes

Reputation is the beliefs or opinions that are generally held about someone or something. To maintain a successful business, you should establish, continuously improve, and monitor your brand reputation. Your business reputation is crucial if you strive to be at the top of the market. How is reputation even related to MSRP or MAP? And...
16 December 2021 - 14:16, by , in Best practices in price monitoring, Comments off
Reading Time: 5 minutes

If we asked you who your competitors are, would you know the answer? The answer would probably be something along the lines – companies from the same branch, that are selling similar products at a similar price. That’s correct, but not completely. We can already see you clutching your head thinking that you have again...
Reading Time: 4 minutes

Being a retailer, brand, or eCommerce store owner is a lot less glamorous than it might seem. The everyday routine consists of constantly keeping an eye on the competition. Luckily, that daunting work is now mostly done with the help of price monitoring software. But, as you are monitoring the competition, they are trying to...
Reading Time: 6 minutes

All businesses, from time to time, hit a wall. In those situations, you’re looking for a fast, yet an efficient solution that will spur the customer interest again. You might need a total rebranding, but let’s face it, no one will start with such drastic changes. In fact, most eCommerce businesses turn to a quick...
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...
Reading Time: 5 minutes

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 them is good enough for you! Some of them 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

Working in a fast-changing and competitive environment like eCommerce is becoming more and more 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 yourself with powerful tools and weapons if...
Reading Time: 5 minutes

Information is everything! In a world where nothing is certain having the right information is crucial for your success. Well-established pricing intelligence for retailers is one of the conditions that need to be fulfilled if you want to survive in a fast-growing, competitive environment of online retailers. If you perform the price monitoring the right...
Reading Time: 3 minutes

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 very important feature – the ability to monitor prices...

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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