Tag: price

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: 5 minutes

There was, probably, a moment in your life when you saw that amazing product announcement but the price was too high, so you said to yourself “ok, I will wait for a few months for the price to drop and then buy it”. On the other hand, if you are a tech enthusiast, you probably...
Reading Time: 4 minutes

Not many terms cause the amount of confusion like the price point. Most of the time, people are not sure if they should use price point or simply “price” to describe what they have in mind. Price is a wider term than price point, and to a certain extent, these two terms can be even...
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

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...
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...
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....
Reading Time: 3 minutes

Customers are very sensitive to price changes. People’s spending habits are limited by their budgets. And any price change can affect and change them. Because of this, the demand for some products will change due to the price changes (up or down). This is known as the price elasticity of demand. For example, if the price of gas...
2 July 2018 - 7:00, by , in New Price2Spy features, No comments
Reading Time: 3 minutes

We’re sure you noticed that some websites usually sell the same products in different quantities which can be challenging when trying to compare the prices. However, after receiving a lot of inquiries regarding this issue from our clients we decided to introduce a standardized solution in these cases which can be applied to any monitored website. Our...
14 April 2016 - 13:06, by , in New Price2Spy features, No comments
Reading Time: < 1 minute

Couple of months ago we informed you about adding idealo.de – Germany’s biggest online price comparison service – to the list of bot-aware sites that try to block price monitoring tools like Price2Spy. We use a special type of monitoring technique for these sites – Stealth IP Traffic. – We would like to inform you...

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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