TiboToys – Belgium (www.tibotoys.com)
17751
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TiboToys – Belgium (www.tibotoys.com)

Here’s what we’re working

How Price2Spy helped TiboToys to sell at a higher average margin

This testimonial is published with the client’s full consent. Price2Spy will never publish any of our clients’ details unless we are given permission to do so.

Your dedicated LEGO® specialist from Belgium. The company offers a wide range of LEGO® products with a contentiously updated catalog for their clients.

 

Issues:

Our client, an online reseller of A-brand toys, was faced with two challenges:

  1. Selling at the right price: not too cheap, not too expensive, thus generating a profit margin. Monitoring availability of competitors, as it contains useful info with regard to price adjustments.
  2. Plenty of competitors
  3. Several price changes per day
  4. Constant stock changes on competitor sites

Solution:

  • Monitoring the core range of products of each brand soon revealed patterns in the competitor’s behavior.  Our client is now able to sell at a higher average margin and aligning strategic product sales more than tripled over the last two years.
  • The ability to detect changes fast and accurately makes Price2Spy an unmissable part of daily operations.
  • Media Marketing did the initial setup for the client, and still monitors background processes e.g. changes in competitor’s website, product updates, etc.

 

By its nature, Price2Spy is a very sensitive and discrete tool. For that reason, we have to be very careful about our client’s data privacy, which is an absolute priority for us.

Therefore, we will not be able to show too many testimonials nor success stories on this page. The ones we will show should just give you a brief idea on how Price2Spy can be used in your own business.