Tag: Repricing

Reading Time: 4 minutes

Pricing is the backbone of the eCommerce industry. Every day, and even every hour billions of prices around the world are changing, and that process is known as repricing. The reasons behind fluctuating prices are numerous – change in demand, change in competitor prices, overall market conditions, and so on. Even though repricing is not...
Reading Time: 4 minutes

Repricing, or a more popular synonym dynamic pricing is one of the most used terms in today’s business. However, when you google this term, you’ll find numerous posts, but very general ones. That’s why we decided to be on point. Knowing how it works it’s great, but you’ll agree that it’s equally important to understand where...
28 May 2020 - 14:15, by , in New Price2Spy features, No comments
Reading Time: 2 minutes

In case you’re using our Repricing Module or planning to use it, there are new features that you should check out. 1. Based on your own pricing strategies, this new feature enables you to spot repricing indications on a single product page easily. So, if there is a repricing opportunity applicable for a product, your...
Reading Time: 4 minutes

If you are following from time to time the research in the eCommerce field, you are most probably familiar with some of the facts regarding customers’ behavior. One of the main reasons why consumers worldwide choose to shop online is to save money. Therefore, they are in a constant hunt for the best price. This trend...
16 January 2020 - 12:35, by , in New Price2Spy features, No comments
Reading Time: 3 minutes

Whether you are a beginner or an experienced seller, setting the right purchase price is always challenging. If you define your prices too high, customers will turn their back to you, and if your prices are too low, you are not going to see much profit. Things get even more complicated in today’s competitive market,...
14 January 2020 - 11:30, by , in New Price2Spy features, No comments
Reading Time: 2 minutes

Price2Spy clients who are using our Repricing Module already know that we’re offering high flexibility when it comes to our Repricing opportunities. In addition to Custom repricing opportunities, default types of repricing opportunities help you define your own pricing strategies, which can be segmented either per product category, brand or supplier (or – for all the products in...
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...
7 November 2018 - 12:06, by , in New Price2Spy features, No comments
Reading Time: 2 minutes

Have you already started using our Repricing module? If you have, you will notice that we have recently introduced  a new, convenient way to identify repricing candidate products. We try really hard to listen to your needs and make using Price2Spy easy and comfortable, so this is why to make the repricing candidates visible in a...
11 October 2018 - 9:02, by , in New Price2Spy features, No comments
Reading Time: 2 minutes

Nowadays, beating the competition in the vast e-commerce landscape can be a daunting task. Competitors often use aggressive pricing strategies, commonly undercutting one another in their attempt to offer the best price and stay ahead of the competition. In order to stay competitive, well-timed and on-point price changes are the best approach, especially in very competitive markets where the prices...
27 August 2018 - 9:18, by , in New Price2Spy features, No comments
Reading Time: < 1 minute

Since we try to make Price2Spy as customizable as we can, recently we’ve decided to implement a new functionality in our Repricing module tab – for the ones who are using or planning to use our Repricing Module. So far, the Opportunity URLs pages in your Repricing tab were showing all the affected product URLs. And the list of products...

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.

Archives

Categories