Gain a comprehensive, real-time view of the competitive landscape with price tracking and monitoring solutions!
Information is everything. In today's highly competitive marketplace, it is essential to track and monitor your competitors’ prices, offerings, and promotional tactics in real-time so you can weigh-in your strategies, customer responsiveness and market standing.
In order to optimize sales and profits, pricing managers from every retail category require tools that support their decisions to raise or lower prices or maintain the company's position.
What customers are saying:
“Incorporating Upstream Commerce’s insights into our day-to-day pricing operations has shown us what is truly possible when we have complete visibility into our competitors’ prices. For Staples, using Upstream Commerce has definitely paid off.”Ranco Kraaijenbrink Pricing Manager
“We only work with the best partners in the industry. That's why we chose Upstream Commerce. Their robust Cloud-based software and expert support services enable multi-channel retailers like us to compete effectively and smartly by putting pricing and competitive insights at our fingertips, on a real-time basis.”Jody Garrett President
“Obtaining accurate and up-to-date pricing information is critical to our success. Upstream Commerce leverages strong technical capabilities and creative approaches to provide the intelligence we need, in a variety of user-friendly ways.”Peter Cobb Co-Founder and EVP
What is ‘competitive price tracking & monitoring’?
Upstream Commerce simplifies and streamlines data collection to help you optimize pricing, merchandising, marketing and other profit generating efforts. Information such as general prices, MSRP, promotions, discounts, product availability and shipping data is collected from your competitors for:
- Competitive pricing
- Price optimization
- Strategic merchandising
At the click of a button, both up-to-date and historical data is available to you – whether on screen in graphs and numbers or in easily configurable, usable reports – to help drive optimal pricing and merchandising decisions.
Upstream Commerce Competitive Pricing Intelligence Solutions
For the best price tracking and monitoring, retailers should look to an industry leader whose software is customizable to their specific needs, whose technology and platform is capable of gathering information from millions and millions of SKUs, and match competitors’ product attributes to your products' at the finest detail -- and who uses primary sources for data gathering.
Simplifying the important work of converting massive quantities of information into actionable data is Upstream Commerce’s expertise. Its intuitive user interface capabilities hone in on specific pricing opportunities to help you easily and quickly make decisions to profit your business.
With Upstream Commerce’s accurate price tracking and monitoring tools, enterprise retailers can:
- Compare competitive information on pricing and assortment to gain insights in real-time and to optimize pricing on a continuous basis.
- Match merchandise with competitors’ by category, brand, price or other important parameters.
- Use intuitive user interface capabilities to quickly hone in on specific pricing opportunities.
- Verify if competitors are violating minimum advertised prices (MAP) to gain unfair advantage in the market.
- Predict optimal price points based on historical and competitive data.
Tracking & Monitoring Tools:
The benefits of Upstream Commerce's software
The information is presented in simple, easy-to-use charts and colorful graphs that present a clear picture of opportunities, strengths and weaknesses in your competitive approach to pricing and merchandising.
If requested, you will receive email notices of up-to-the-minute changes in the competitive data to ensure that important changes on your competitors’ sites do not go undetected.
Basic price and assortment tracking and monitoring solutions keep retailers in tune with current status and recent changes vis a vis their competition.
When you work with Upstream Commerce’s advanced solutions to turn competitive retail intelligence into actionable strategic decision-making, you:
- Gain competitive advantage in an extremely dynamic market
- Streamline and automate a significant portion of your pricing management
- Employ advanced pricing algorithms, statistical and predictive analytics capabilities to enhance your strategic insights and decision-making
- Optimize sales and profits
- Improve negotiations with suppliers