Professional Electronics
24770
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Professional Electronics

Professional Electronics industry - keeping your prices competitive

Specifics

  • The number of competitors can really vary which mainly depends on the market situation;
  • Some sites (especially B2B sites) require a user to log in, in order to see the prices.

Greatest challenges

  • Since there is often a  large number of products price change alerts aren’t used for all of them – only for key product categories (other products get covered by Automated Price matrix report)

BEST PRACTICES AND SOLUTIONS

Pricing dashboard

When you’re a part of such a complex industry, you need to be able to easily configure your pricing reports. That’s why we have a Pricing dashboard. It consists of many useful widgets: price dynamics, stock dynamics, pricing landscape, multiple products from the same site, and product history chart.

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Pricing strategy

The key to your success is making the right pricing decisions. This can be done by using the Pricing strategy module. It will help you make precise repricing decisions, and keep track of decisions you’ve made in the past.

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Sites requiring logging in

Since we’re discussing professional products, some websites are requiring their potential buyer to log in using username and password. Believe it or not, we can monitor prices automatically, behind this login for all our clients that provide the credentials we can use to access the site.

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