Let’s talk about a topic that’s not so pleasant. Competition. It doesn’t matter if you’re a brand or a retailer, or even the industry sector that you’re a part of. Competition is present everywhere. The business goals may differ from company to company, but the common ground...
Using psychology in pricing is not a new strategy. Retailers have always been using different tricks to ensure their products sell well. Over time, some Psychological Pricing Strategies showed better results than others, and what was a good profit-making marketing and pricing strategy in the...
New beginnings are not always easy. Even when the new market is not oversaturated, making your way around it can be challenging. However, having the help of a price monitoring tool will make this a less bumpy road. Price monitoring tool has become indispensable for retailers...
In overcrowded industries, making the selection among products becomes very challenging. Products are inevitably becoming more similar, therefore, the customers primarily distinguish them based on the price. Usually, the outcome of this situation is a price war. But, are price wars really inevitable, or is...
The eCommerce industry is probably one of the most dynamic industries mostly due to the enormous competition. However, the competition race is not applicable to the new players only. The biggest eCommerce names, such as Walmart and Amazon are a part of this battle, especially...
What is the Product Matching SoftwareHow Product Matching Softwares are Changing the eCommerce IndustryWhat does it need to offer?- Accuracy- FlexibilityConclusion The age of big data has brought us some big changes in the way we were doing eCommerce business. One may say that it improved...
An eCommerce Superhero Everyone Needs Every now and then, a new tool for price monitoring appears on the market. Thanks to that, you are now able to choose between a lot of good software that can make your life easier. However, not every one of...
Price2Spy, an online service that provides comprehensive and suitable price monitoring solutions for eCommerce professionals, was listed among the TOP 50 best EMEA sellers for 2021. The listing is a part of G2’s Best Software Awards 2021. The fact that G2 and Price2Spy are successfully...
Setting the right price in online retail can be difficult and time-consuming, but a good pricing strategy plays an important role in the success of your online business. When trying to set the right price for your products, you have to bear in mind many...
The eCommerce industry is under constant change. One of the main reasons for that lies in the fast-paced technology. Depending on your goal, different technologies can come more or less useful. However, there is one that can connect them all - API. The main purpose...