Best practices in price monitoring

Fraudulent stores taking over Google Shopping?

July 01, 2012 in Best practices in price monitoring by wpt_admin

Reading Time: 2 minutes

In recent months more and more Price2Spy clients are monitoring how their competitors are doing on Google Shopping - since more and more consumers are turning to Google for a shopping comparison advice. However, some brand new stores seem to have taken the top Google Shopping...

Are your competitors spying on you?

March 16, 2012 in Best practices in price monitoring by wpt_admin

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There are 2 reliable indicators: 1) Are product descriptions on your competitor site identical to yours? Or, better to say, are they nearly identical, with several tiny wording twists? This is a standard technique used by smaller stores who want to save time on the copy....

Price competitiveness – a quick global summary

March 05, 2012 in Best practices in price monitoring by wpt_admin

Reading Time: 3 minutes

Since Price2Spy clients come from virtually all parts of the world, we have gathered some comparative data which can help analyze competitiveness of online stores worldwide. 1) US & Canada - US data can be somewhat misleading since big US stores are actually big global names,...

‘Bouncing price’ technique – good or bad?

February 22, 2012 in Best practices in price monitoring by Miša Krunić

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The more competitive eCommerce becomes, the more pricing strategies are being used by the retailers and brands. Of course, not every strategy is applicable for every business, but the bouncing price technique is especially questionable. Let's explain why is that the case. What is a bouncing...

5 quick tips for competitive pricing online

February 18, 2012 in Best practices in price monitoring by Miša Krunić

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1. Identify killer products where it pays out to be the cheapest on the market. Then make sure you stay the cheapest. Your profits will suffer, but we will make up for it a bit later...