The idea of Price2Spy was born out of pure necessity. WEBCentric owns several shops operating on the Serbian market. Basically, Serbian customers are not that much wealthy, therefore before buying a product, they check all available shops to find the one that has the lowest price.
So, we used to spend hours and hours checking our competitors’ websites in order to find the price changes of our competitors. Over the time, we started to spend more and more time and resources, until we decide to build a tool (now known as Price2Spy) for us.
6 months later the results as follow:
- Instead of manually checking the products one by one, Price2Spy has 100% automated product price check for us;
- The turnover of our online store has increased by 35% – only by keeping our prices competitive;
- We were able to identify brands where our competitors made better deals than we do;
- We identified price change patterns for various competitor sites;
- Price2Spy was born – ready to use by product managers, worldwide.