Competitor Price Analysis Services
Price comparison has never been as important in the past as it is in today’s dynamic online marketplace. Customers are well aware of their options and always seek the best deal they can find on the product they desire. With smarter customers, it’s time for you to make smarter decisions to ensure your products draw a majority of the customers. Also with increasing products and competitors in the market, it becomes vital to have detailed information about what changes are being made around you. This is where Competitive Intelligence is a real game-changer.
- The price monitoring service we provide is a combination of Automated and Manual process. This effective combination ensures that you receive the benefits of both the methods with 100% product matching.
- Price alerts/notifications are sent via e-mail to keep you aware of the constant changes as and when they happen.
- We represent all the collected information in the form of a dashboard. This dashboard enables easy comprehension of all the necessary data with a single glance. The data can also be provided in a price matrix according to your choice. The dashboard and price matrix are always customized to your preference as we aim to tailor our work around your requirements.
- We provide price updates every week. These updates can also be monthly depending on the products and the nature of the competitors you provide.
- Price intelligence must result in the development of pricing strategies for you, which is why we don’t stop with just price comparison. We go further and also collect your competitor’s price change history, stock availabilities and other product attributes.
- With all the data compiled, we at Vserve employ our price and category analysts to decipher your competitors’ pricing strategies and help you devise your own to accrue maximum sales. Market analysis is an important service that we provide to convert the collected information into action.
What Vserve provides:
With Vserve performing your price comparison services, keeping track of the increasing number of products or frequent price fluctuations in the market are a problem of the past. Your time is managed effectively as we provide you with the final result on a daily basis.
AUTOMOTIVE PARTS-KEEPING YOUR PRICES THE BEST
The automotive supplies industry, with a large number of trade names, frequent stock changes, and a huge quantity of analog products, requires a lot of the product manager’s attention to build an effective pricing policy for different Supplies groups.Detailed report provided by Vserve Ebusiness Solutions will lead to increased sales and profit and also help you go in detail into the competitor site, verify the product segments in each category along with the product details. Price chart history provided by Vserve Ebusiness Solutions shows the changes in price over a period of time that will help you to sell your Supplies more effectively to the price-sensitive customers.
BETTER WAYS TO MONITOR PRICE:
The below mentioned practices are followed by Vserve members to help the product managers in an efficient way while handling large amount of SKU’s:
- More than 15 different important sites are monitored.
- Sites which shows reduced price in cart than the advertised price is monitored separately.
- We always go for standardized part numbers for product matching to make the SKU matching process simple.
- Price changes in last 24 hours are alerted through pricing dashboard or price matrix.
- We use MAP module to find the violators of minimum advertised price.