Tag: price monitoring

Reading Time: 3 minutes

Although the emergence of eCommerce has largely contributed to a faster and more successful businesses, from time to time some stumbling blocks appear. Believe it or no, but one of the most common ones is that there are a lot of retailers who have the wrong idea of who their main competitors are. The main...
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The Internet changed the way business works in every possible way. The biggest one is creating e-commerce. This shifted shopping from offline to online and opened endless possibilities to companies. But all those opportunities brought competition, not just local, but global as well. Finding a way to compete with all of them isn’t easy, but it isn’t impossible too....
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Doing business in today’s world is very hard, staying on top is even harder. It doesn’t matter what industry we’re talking about, because in all of them there’re many competitors that will do anything to get the customer. They are giving discounts, lowering prices whenever they can just to win the costumers over. It’s impossible...
Reading Time: 4 minutes

It is a very common mistake to think that dynamic pricing and price discrimination are the same thing. But they are not. The difference between the two is what they are based on. Dynamic pricing is based on market conditions at that given moment and on the other hand, price discrimination is based on customers’ characteristics....
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Doubtless, one of the most important thing in traditional commerce is the location of your store. Why is that? Well, because if you aren’t located near your target group, you won’t sell enough products. But, when it comes to e-commerce, the story is different. In this case, the location doesn’t matter, because your store (probably) doesn’t...
21 August 2017 - 14:56, by , in Price2Spy announcements, No comments
Reading Time: 3 minutes

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 and new ones popping out almost on a weekly...
Reading Time: 2 minutes

Over the last 2 decades, well-managed companies realized the significant role of pricing. The right pricing strategy is the fastest and most effective weapon for managers in order to increase profits and drive company performance. A pricing process can be difficult, especially in such a competitive market. It requires proper investigation and clarifying your goals. First...

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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