DataCrops DataCropsĭataCrops provides full data intelligence and aggregation. It supports price monitoring and a variety of price intelligence tools such as competitor price monitoring, hotel pricing intelligence, and flight pricing intelligence.ĭataCrops was founded over 12 years ago and has done business in more than 70 countries. Although this tool is one of the most powerful on the market, it is disappointing that the pricing is not made public. Request a quote. It also provides a complete market overview. You can also use historical price reports to spot trends. Price2spy’s main features include price comparison and smart spidering, price alerts, reporting, price analytics, and price change alerts. Price2spy can help you find repricing opportunities and compare prices across stores.
Price2spy is undoubtedly one of the most powerful price monitoring tool available in the market. Price2spy offers prospective customers a 30-day free trial option without requiring credit card details. Best price monitoring tool for Amazon sellers Price2spy Price2spy How can companies make sure they don’t face these situations? Price monitoring tool is the solution. If sneakers are sold on Amazon for $80 per pair, a company will lose customers to competitors who sell the same style and quality sneakers for $60.Ĭustomers may be willing to pay $100 for the same sneakers, which could lead to a loss of revenue. Price monitoring is simply a way for companies to adjust their product pricing in response to market conditions. Let’s look at a few examples:
How does price monitoring help businesses? There is a growing trend towards competitive Intelligence, which includes price monitoring. It shows the percentage of companies that track their competitors. This graph was taken directly from Crayola’s 2019 State of Competitive Intelligence. You are on the right path if you’re interested in monitoring the prices of competitors. Crayon’s State of Competitive Intelligence report for 2019 shows that 96% of businesses monitor their direct competitors, while 93% monitor their indirect competitors.
3 Best price monitoring tool for Amazon sellers.2 How does price monitoring help businesses?.