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No matter whether you’re a big retailer or a small internet shop, you need a tool, service or solution that will crawl competitors’ websites and deliver data containing their prices, inventory and promotions. The competitive information gained with our price crawler & tracker software helps a retailer adjust its pricing strategy, manage its marketing budget, and boost category managers’ efficiency.
Below you will find advice on how to choose the right price tracking software to monitor your competitors and support your business objectives.
items in monitoring
thousand pricing suggestions generated every minute
14 countries so far
Our competitor price monitoring software can help your business define which business or competitor influences your business.
The following five essential capabilities will help you determine the right price tracker software for your business:
The majority of retailers find themselves having to react and re-adjust their prices according to the pricing strategy, competitor sites and the marketplaces. Hence it’s essential that crawlers collect data from all these price sources, rather than from only one marketplace such as Amazon or Google Shopping.
Failing to stay abreast of the competitors price changes, means that the collected data becomes unreliable. As such it is a good practice to reprice your products at certain times of the day, soon after your competitors have just amended their prices.The capability to frequently track price changes at any time, is one of our unique pricing software features.
You also need a self-checking price tracker software that can detect errors, send alerts if something goes wrong, and provide reliable competitors’ data in the meantime. This is the only way to outperform the competitors and maintain competitive advantage.
The retailer needs to see its competitors’ pricing history in order to build a pricing strategy, as well as to apply predictive pricing techniques. It would make sense to choose a competitor monitoring software that incorporates history reporting.
A competitor price monitoring solution provider with SLA (Service Level Agreement) is more reliable, and understands your retail business continuity, rather than a provider without SLA.