Price monitoring is a service that provides up-to-date information on the cost of various products. This service is especially useful for businesses, retailers, online stores, and companies looking to enter the market with new products.

Key features and advantages of the price monitoring service:

  • Price comparison: Obtaining data on the prices of the same products from different sellers, allowing for the discovery of the best deals.
  • Market analysis: Companies can analyze market trends and competitors’ pricing policies to develop effective pricing strategies.
  • Assortment management: Price analysis helps determine which products should be included or excluded from the assortment based on their competitiveness and profitability.
  • Marketing strategies: Price monitoring assists in developing marketing campaigns aimed at price reduction or promotions to attract more consumers.
  • Ensuring transparency: The price monitoring service ensures market transparency, promoting fair competition and protecting consumer interests.
  • Timely response: Companies can promptly respond to market price changes by adjusting their offers and sales strategies.

Data clients receive:

Current prices: Fresh information on current prices for desired products.

Historical data: Dynamics of price changes over specific periods.

Competitive price analysis: Comparison of prices with competitors’ offerings.

Market trends: Information on market trends and changes.

Pricing recommendations: Recommendations for optimizing pricing policies to enhance competitiveness.

Reports and data visualization: Detailed reports and charts to facilitate analysis and decision-making.