Tag: price monitoring

Reading Time: 4 minutes

During 10 years in business, Price2Spy has always advocated a comprehensive approach in price monitoring. This means that we often draw customers’ attention to the fact that the product price is not the only reason for their success or failure. The price factor certainly plays an important role, but monitoring product availability can often be...
Reading Time: 4 minutes

Price comparison has been a topic of interest for economists for hundreds of years. Although numerous methods have emerged over time, it is still impossible to point one out as universal and the best. The appearance of price monitoring tools has made the choice even bigger. Two price comparison methods stood out though: Total basket...
24 September 2020 - 9:08, by , in Best practices in price monitoring, No comments
Reading Time: 3 minutes

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 goal can’t be reached unless you’re performing competitors’ price monitoring....
3 September 2020 - 10:48, by , in Best practices in price monitoring, No comments
Reading Time: 5 minutes

Did you know that businesses in the US lose $75 billion a year due to poor customer support? Probably you didn’t. So, it’s fair to assume that outstanding customer support became a true game-changer. High-level customer service sustains customer loyalty and customer retention rates. Eventually, that means more profit. It comes as no surprise that...
Reading Time: 6 minutes

As a SaaS company, there is one incredibly valuable aspect that your company needs to use in its growth strategy – flexibility. But what exactly does it mean to be flexible? The understanding of flexibility will of course vary from company to company, depending on their business environment. In the case of Price2Spy, flexibility is...
11 August 2020 - 10:42, by , in Price2Spy announcements, No comments
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We are proud to announce another great partnership! This time Price2Spy has teamed up with Google Data Studio. Since they’re collaborating with a variety of companies, it is very important to point out that we are one of only 232 Google Data Studio partners! In case you’re not so familiar with what Google Data Studio...
Reading Time: 4 minutes

Chain reactions usually begin with a minor change and lead to drastic transformations. Ecommerce is the kind of environment where changes are happening almost on a daily basis. One of those changes happened around price monitoring. Not so long ago we’ve thought that manual price checks are the best that we can get. But, that turned...
Reading Time: 5 minutes

Dynamic pricing strategy has caused some serious fuss out there, right? In the fast-paced world of eCommerce, changes are happening on a daily basis. A lot of factors need to be considered in order to stay ahead of your competition. Let’s start by tackling the hardest – dynamic pricing strategy. For starters, this strategy allows...
Reading Time: 5 minutes

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 this post, we’re going to shed more light on this topic. In...
28 May 2020 - 11:14, by , in New Price2Spy features, No comments
Reading Time: 3 minutes

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 prices for given products (or services) during a certain period....

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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