E-commerce Price Optimization

Price Optimization

Outsmart your competition with price optimization

Track your competitors, optimize prices and grow your business with well-informed pricing decisions.

Monitor

Compare

Analyze

Optimize

What is price optimization?

Price optimization is the ongoing process that analyzes gathered data and determines the most efficient price for both parties, the consumer and the company.

If the price is set too high, customers will switch to the competitors with more affordable prices, if it is too low, customers will start to question the quality of your products.

As you can see, the key is to find just the right balance.

What can price optimization be used for?

Price optimization is not an easy task, and it includes a lot of intelligence work. However, we can separate the process into a step-by-step list, to make it easier to grasp the concept and start optimizing your prices.

Data analysis

Look for patterns in customer behavior, and learn what influences what.

Price adjustments

Use the gathered data to adjust your prices accordingly.

Monitoring the results

It’s not done once you adjust your prices! Make sure to monitor the results.

Join the winning team!

Here are some of our clients who trust us when it comes to providing them with the right pricing data and tools to manipulate it. Join the ever-growing family of thriving businesses that have recognized the importance of pricing in today’s world of eCommerce!

Start your Free 30-day Price2Spy trial account.
Let us know which sites you’d like to monitor. If you don’t know which websites to monitor – no problem, we can do website discovery for you.
Price2Spy needs to know which products you’d like to monitor. You can either match products across competitor sites yourself, or ask us to do this for you
And that's it! From the moment product URLs have been entered in Price2Spy, it starts working for you: each day it will automatically check if the price on any of the online stores you have provided has changed.

Who is it for?

Price optimization can be used by any eCommerce business regardless of its size and industry branch. Many markets are getting overcrowded, so online sellers need to be on their best game in order to stay ahead of the competition.

Online retailers

Price optimization is essentially mandatory in today’s online retail environment.

Dealing with fierce competition, impatient customers, and even stakeholder pressure – all of it requires proper and timely information.

Having such information is now easily possible and accessible with a price comparison tool.

Brands and manufacturers

Say goodbye to times when you were unable to be in control of your brand’s value. With the help of price optimization, you’ll always know the prices of your products at relevant sellers.

There’ll be no more sellers who will price your products under your MSRP and go unnoticed.

We can capture a screenshot every time we notice a MAP violation and send it to you as proof.

Distributors

Distributors often play the role of intermediaries between brands and retailers. The need to balance preserving a brand’s value while stimulating retailers’ sales volumes is everything but an easy task.

These tasks are significantly easier when relying on price optimization. Identify your main retailers, identify their assortment and prices, get alerts when retailers run out of stock & more with our tool.

The benefits of using price optimization

Still wondering if price optimization can benefit your business? Here are the most important benefits that will help you make the right decision:

Save time & resources

By using an automated price comparison tool you save time you’d have to spend if you were to manually check all your competitors’ prices.

Get accurate data

As a team of eCommerce professionals ourselves, we are well aware of how harmful inaccurate pricing data can be. This is why we strive to provide the most accurate and up-to-date data as possible.

Make better decisions

Our price comparison tool will enable you to make the right pricing decisions by providing over 25 different reports and numerous ways to filter the pricing data.

See hidden opportunities

Say goodbye to missing opportunities to lower or increase your prices. Our algorithms will notify you of every good chance to adjust your prices to better reach your goals.

Increase revenue & profits

There’s a direct relationship between your prices and your business’s bottom line. Better prices lead to increased revenue and profits, enabling growth in a sustainable manner.

Unlimited monitoring

Price2Spy is able to monitor prices on the most complex websites with advanced bot protection. Also, we can monitor regular e-commerce websites, and marketplaces (eg. Amazon, eBay, etc.), in any language and currency.