Category Archives: Competitor Price Watch

5 Ways Retailers Can Use Analytics For Home Run Products & Competitive Pricing

It’s every retailer’s dream to know what is going to sell best, the best, most competitive prices to charge, and how to stock the most productive inventory. Certainly, to know what the consumer wants, forecast future sales and trends, and more. With the intelligent use of technology (including Competitive Pricing and Assortment Solutions), retaile...
Read More | Comments Off on 5 Ways Retailers Can Use Analytics For Home Run Products & Competitive Pricing

“Who’s On First” Shows Retailers Who’s Using The Internet, Smartphones & Socials

Overall, 75.7% of the population goes online at least monthly, and penetration is even higher among younger demographic groups, eMarketer estimates. When it comes to marketing, competition, and pricing intelligence, this would be important for retailers to know  So when it comes to Internet, smartphones and socials, let’s take a look at the Abbo...
Read More | Comments Off on “Who’s On First” Shows Retailers Who’s Using The Internet, Smartphones & Socials

8 Secrets To Setting Your Competitive Retail Prices Wisely

Setting prices today is not an easy task for retailers. It wasn’t so long ago when you could simply hire a secret shopper to see what the competition was up to in your geographical area or browse a few online websites for competitive retail pricing information. Now, your retail competition is global and you have to consider many thousands of online...
Read More | Comments Off on 8 Secrets To Setting Your Competitive Retail Prices Wisely

5 Smashing Ways To Greatly Increase Your Profit Margins Using Competitive Pricing

Competitive pricing is the most important element of your online retail business! And the more I work with competitive pricing and Competitive pricing intelligence, the more I know how simple and obvious it looks, even though it’s not. So let’s get something straight right away: Pricing competitively does NOT necessarily mean looking at your co...
Read More | Comments Off on 5 Smashing Ways To Greatly Increase Your Profit Margins Using Competitive Pricing