Price2Spy clients who operate on several markets (quite often involving different currencies) will sooner or later face an important crossroad, which is illustrated in a simple question What is the best way to monitor a particular product across several markets / countries / currencies? In essence, we...
In over 4 years we've been in business, the philosophy of Price2Spy was 'We provide you with competitor pricing data, you make business decisions yourself'. Today we're introducing a brand new feature - Pricing Strategy - which could mark the first step in a direction of...
With ever-growing market competitiveness (mostly due to young, emerging online stores who try to make their way with cheap pricing, with extremely low margins) we have noticed a new phenomenon - prices going down on Friday evening, and up again on Monday early AM. During our...
Are you aiming for the lowest price in the market? Want to share it with your customers and provide them with a clear proof of it? Thinking of showing your competitors’ prices on your own website? Not convinced that it’s a good idea? One might presume that...
The number of Price2Spy clients is growing fast, and we thought the following 2 stories might be of interest to you. Case 1 - making swift pricing decisions - online fashion retailer from Southern Europe When this client approached us, their business was suffering from their competitor's...
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...
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....
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,...
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...
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...