World of eCommerce becoming increasingly complex but even so, only 3-4% of the players are actively tracking their competitor prices.
Those that have found middle ground are using automated pricing intelligence, paired with a competitive strategy.
PriceVent is specially designed for eCommerce retailers, with so many eCommerce shops rising every day it’s a must to be able to monitor your competition in a fast and easy manner. One way to utilize technological advantage in business is through automation. This means replacing time consuming, repetitive tasks with sofware solutions that execute these tasks with little to no requirement for human intervention.
Using PriceVent you will be able to analyze your competitive landscape by any segmentation you desire (brands, product categories, price range, etc.), including custom segments based on your individual needs, such as specific competitors.
Receive accurate pricing data in a timely manner.
After you setup your account, every movement of your competitor will be tracked, price change alerts will be sent to you according to your settings. PriceVent will promptly give you alerts when competitor prices will drop or increase with a custom percent you define.
This way you will know when your products are priced too low allowing an increase in margins and when products are priced too high and you don’t sell enough on that segment or specific product.
Advanced reporting allows you to see historical pricing patterns and compare pricing tactics over the entire product lifetime. By analysing the price evolution over time you can discover which price strategy each of your competitors apply.
Explore the benefits
Understand the advantages you can get by using PriceVent
Explore the benefits
Understand the advantages you can get by using PriceVent