Tag: retailers

Reading Time: 4 minutes

Did you know that over 87% of shopping journeys start online now? Well, at least that was before the coronavirus outbreak. Now, with social distancing and countries being in lockdown, there is a massive opportunity in how retailers can invest in optimizing their online stores. There is an often-used narrative that today’s consumers are more demanding,...
Reading Time: 3 minutes

Big data is a very popular term in IT and business today, but what does it really mean. Well, Big Data are data sets that are so big that traditional data processing softwares can’t manipulate them. But that massive amount of data can be used to deal with business problems in a way companies weren’t able...
6 July 2018 - 8:50, by , in New Price2Spy features, No comments
Reading Time: 3 minutes

We’re happy to announce the launching of Report Wizard for all Price2Spy users.  The increasing number of reports that dedicated for either retailers or manufacturers/distributors or both for retailers and manufacturers/distributors makes most of our users undecided about which reports to start with or which ones would suit their business needs better, initially. Since we’re aware of it,...
30 December 2016 - 10:58, by , in Best practices in price monitoring, No comments
Reading Time: 3 minutes

While you are getting ready to embrace 2017, it’s essential to look forward in order to see what kind of changes your business might need in this new year. The ever-changing consumer behavior changes world e-commerce trends at the same level. Therefore, catching up and following along all the trends that are relevant for your...
Reading Time: 3 minutes

The count-down has started. The biggest shopping days of the year – Black Friday and Cyber Monday are only a couple of weeks away. Most of the shoppers and retailers are already thrilled about the events. In case you still have doubts or if you are not ready for the big days – here you...
30 September 2016 - 10:46, by , in Best practices in price monitoring, No comments
Reading Time: 5 minutes

Pricing intelligence is an irreplaceable part of today’s successful business. Pricing competition has become hotter than ever due to massive growth in online retail that’s driven by more and more customers. The transparency of eCommerce gives customers the ability to easily see which store has the lowest price or which one has the best offer...
Reading Time: 2 minutes

Lately, the competition on the market has increased the pressure on the product pricing process so greatly. Whenever companies realize the consumer spending is slowing down, they are trying to spend more time defending their market position and prices. Staying ahead of the competition may be tough, but it is not impossible – you just...
Reading Time: 2 minutes

After an explosion in the number of brands and communication channels, it is getting harder to build strong brand awareness in the ever-changing market conditions. Moreover, similar products and services in many industries make more difficult to protect existing brands’ permanency. That is why understanding the brand identity and the needs of customers before setting...
Reading Time: 2 minutes

With lots of players on the market and new ones popping out almost on a weekly basic, it is getting harder and harder to keep up. The increasing number of competitors is bringing millions of questions to a retailer’s mind – How to stay afloat against my competitors, what kind of methods can be valuable in...
Reading Time: 2 minutes

  The number of Price2Spy clients is growing fast, and we thought the following 2 stories might be of interest to you. Case 1 – making swift pricing decisions – online fashion retailer from Southern Europe When this client approached us, their business was suffering from their competitor’s frequent price changes, which were very difficult...

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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