We write in-depth about eCommerce, price monitoring and pricing strategies.
Not many terms cause the amount of confusion like the price point. Most of the time, people are not sure if they should use price point or simply “price” to describe what they have in mind. Price is a wider term than price point, and...
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...
Saas industry is growing rapidly. We all saw the new normal workplaces while we were working from home. Our dependency on softwares like a tracker, productivity manager, attendance, etc went to our fingertips. As a product owner of any SAAS business, it is very easy to...
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...
Price2Spy has prepared another useful feature - URL notes. Our team has occasionally received inquiries regarding the possibility of leaving notes/comments when entering a new URL in the Price2Spy account. From now on this feature is enabled both for the existing clients, as well as...
Over the years, Price2Spy has earned its leading position thanks to many traits. One of those traits is listening to our client’s needs and offering a prompt response. Since many clients have expressed the need to perform imports on their own, we’ve decided to allow...
It is never easy to set the right price and in a price-sensitive society like ours, if you don’t do it right, your business will be in some trouble. This is the key reason why you need to always carry out price testing, before jumping...
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...