Competitor Price Monitoring: perform better in 2018

Competitor Price Monitoring

How to find competitor prices? Monitor, collect and analyze Data with Competera competitor price monitoring tool.

Qualitative data is a foundation for proper pricing strategy creation, customer attraction,
and increasing gross margins.
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How to find competitor pricing?

Set the correct repricing schedule

Price is one of the key factors for 81% of consumers. That’s why the importance of competitive pricing is so evident.
Large retailers in different industries change their inventory costs several times a day. Therefore, you need to track these changes for each rival, brand, and product group with the help of competitor monitoring software right after your rivals have repriced their goods.
To find the fees of your rivals, use a competitor price monitoring tool, such as Competera. It is engineered by people who firmly understand the importance of correct data.

I want to emphasize how pleasantly surprised we were with the very qualified and quick-responding support team. A great product and great team!

Bogdan Nesterenko Product manager, RDE.LT

Competitor price monitoring Competitor price monitoring tool

Monitor your competitors

Automate monitoring and pricing

With thousands of online store product names (SKUs), it’s almost impossible to change their costs without the automated competitor price tracker. Especially if you apply complex pricing algorithms and rules. To do this, choose the most significant rivals.
Eliminate errors in pricing and simplify customization and configuration, meet the customer needs, improve margins and increase sales with Competera.

Monitoring competitor prices

Importance of competitive pricing

Define what competitors influence your sales

Do you want to know exactly how to find competitor pricing which impacts the sales of your online store? Use the Competitive Index, it will show which changes affect your business.
This instrument is crucial for competitive analysis on the store, category and product levels. It helps understand the product sensitivity of an online store based on the store position.

Find out more about Price Index

We integrated Competera solutions and began to receive our competitors’ insights. We achieved our business goals: The customers’ perception of our price was changed as we wanted.

Yudha Pangestu Senior Pricing Manager, Matahari Mall

Online price monitoring

Pricing mistakes

Avoid loss-making faults

People make mistakes. Correctly created algorithms based on qualitative data are never mistaking. Make effective decisions for every product basing on data regularly scraped by Competera.
Reprice the products on your shelves using competitor price monitoring and automated self-pricing algorithms to avoid the human error. Monitor prices regularly to get the historical data and to realize at what point you were setting the most optimal fees.

Monitor your competitors

Online price monitoring

Save time for pricing

You can always find more efficient tasks to do than manually monitoring competitor prices and change numbers within Excel spreadsheets. Competitor price monitoring helps to spend an irreplaceable resource—time—more efficiently than ever.
Develop pricing strategies, determine the pricing rules which best fit your current business needs.

Now we're able to monitor our prices, and improve the profit per product thanks to the up-to-date information that the Competera platform has to offer.

Sinziana Visan Merchandiser, Find Me A Gift
Competitor monitoring software

The Competera Self-Pricing Platform allows you to implement all the above:

Tracking of competitors' prices
Tracking of competitors' prices,

promotions and stocks saves days of manual work and reduces human error

Flexible scanning schedule
Flexible scanning schedule

with standalone adjustments for different categories, brands, and products

Smart data
Smart data scanning technology

that does not overload websites

Technical support
Technical support

and customer support 24/7

Notification of anomalies
Notification of anomalies

and e-mail reporting

Looking for high-quality competitive data?

Developing and implementing of a proper pricing strategy is easier
and more efficient with Competera

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