Price Index displays how your price position correlates to the market prices in general, but also to particular competitors or certain categories of products.
Employing Price Index, you know everything about the price positioning, and the sensitivity of your online store towards the market and certain players
Please read more detailed information about Price Index and its business value in our use case.
Can you answer the following questions?
- How does your price positioning correlate with market price or competitors’ prices?
- Which products can you sell at a higher price without a loss of profit?
- Which of your competitors (whom you consider being your competitors) are actually affecting your sales?
You can find the right answers to these and many more questions with the help of Competera Price Index.