You can’t avoid the facts: quality competitor pricing data is a must-have for eCommerce. Without precise information you won’t be able to make right decisions on repricing, which will increase your markup and profits.
Get up-to-the-minute quality data about the pricing of your online retail competitors and stay ahead of the market.
According to UPS research, 68% of mobile device users were looking for a retail coupon. This fact underlines the importance of effective promotional management.
If you’re not monitoring competitive promotions, you’ll never know why shoppers are passing by your virtual shelves.
Analyse all your competitors’ promotions to act appropriately.
Make your prices right for your customers with sophisticated pricing software. To improve competitive pricing intelligence you need not only to pursue competitive pricing research in order to use competitive prices, but also to contemplate other factors and consumers’ demand.
Optimize your inventory prices by brands, categories, SKUs, stores or different analysis models, and apply fullstack assortment analysis.
You’re the one who sets and changes the rules. A profitable competitive pricing strategy is the key point in making your online retail business outstanding.
A good pricing software will help you to set and adjust your models and tactics to become a winning repricer. Don’t forget to analyse competitive pricing strategies on the fly to adjust them and meet all KPI’s
Competera will always keep the manager updated about the latest competitors' changes, and this will only take 10-15 minutes per day to determine store advantages and position on the market with no additional cost.
Check the case study on how category manager has saved 20 hours per month with Competera.
Competera shows Pricing and Category Managers, Analysts and Marketers all prices that are too low or too high against the market.
It suggests how to increase prices without reducing sales and helps you boost sales and turn your price-sensitive audience into loyal customers.
Up-to-date convenient information you can rely upon is presented with detailed, customizable and easy-to-read reports.
You'll see all the market dynamics and build your pricing strategy based on quality competitive research data.
You will be the first person to discover new marketing ideas created and tested by other market players.
As a result, you'll be able to create a more attractive offer for your audience and launch it at the right time, e.g. when your competitor runs out-of-stock.
