eCommerce Competitor Price Monitoring and Pricing Intelligence

Pricing intelligence software and service is essential for retailers and brands seeking to maximize profits. By implementing optimized pricing strategies and utilizing dynamic repricing, you can gain a significant competitive advantage in the marketplace.

Read more about Price Intelligence

Yes, GrowByData’s Ecommerce Competitive Pricing Intelligence engine can track and monitor pricing information and trends across online channels. With your product feeds, we can discover competitors, monitor their prices, compare, and dynamically reprice them on Google Shopping, Amazon, Walmart, Target, eBay, and other channels through your eCommerce carts such as Shopify, BigCommerce, Magento etc.. We can do this across different geographies also.

Our Competitor Price Monitoring Platform lets you monitor an unlimited number of competitors across markets and beat your competition with better pricing.

No prior experience is required to implement our price monitoring tool. All you need to provide are your product feeds, pricing details, margins, floor prices, and the competitors you want to focus on to initiate the matching process. Once that’s set up, we’ll start tracking right away. You’ll soon begin receiving notifications and alerts for any pricing violations.

GrowByData’s Competitive Price Monitoring Engine offers global tracking capabilities, allowing you to track competitors across multiple regions and countries worldwide. Simply specify the areas you want to track, and we’ll configure the price monitoring accordingly. Our tool stands out with its ability to provide granular monitoring – from country and regional levels down to specific cities and even zip codes. This flexibility ensures you get precise, location-specific pricing intelligence tailored to your needs.

We provide excellent competitive price monitoring and repricing services across Amazon, Google Shopping, Walmart, Target, Best Buy, Magento, BigCommerce, Shopify, and more. Our monitoring services extend to markets in the US, Canada, UK, France, Italy, Germany, Singapore, Japan, South Korea, and other countries worldwide.

You can absolutely request a demo of our software platform. Please fill out the contact form below with your information, and a GrowByData representative will reach out to you promptly to share our Competitive Price Monitoring solution.

Our Retail Price Intelligence accurately matches your child SKUs to competitors, and provides precise competitive pricing to power your growth. Our unique blend of AI and human intelligence delivers unmatched accuracy, which is why our clients consistently trust our retail pricing data. You can watch this Youtube video to understand why High Quality Competitive Price intelligence is key to your Pricing Strategy and how we support it.

Our competitive pricing intelligence engine uses your product feed to identify competitors’ SKUs across channels and tracks their price changes. You can analyze how you are priced vs competitors data and refine your pricing strategy.

Competitor Price Monitoring is essential for developing effective pricing strategies, including dynamic, penetration, bundle, and zonal pricing. Accurate data enables you to evaluate and optimize your pricing, ensuring competitiveness. This is crucial for converting bottom-of-the-funnel prospects, where price becomes a deciding factor in purchase, especially in ecommerce.

While search visibility is crucial, consumers often compare prices among competitors, particularly for high-ticket items in the final stages of the buying process. Failing to maintain competitive pricing can result in lost sales to rivals. To address this, many leading brands are adopting our solutions to gain insights into competitor pricing and dynamically adjust their own prices. This strategy helps them stay competitive and ultimately secure more sales in a price-sensitive market.

Pricing intelligence leverages advertising insights to collect product prices at the SKU level across marketplaces, direct-to-consumer sites, retailers, and SERP components. Beyond tracking competitive pricing, it serves as a rules-based engine for repricing and dynamic pricing decisions. With dynamic feed optimization, advertising campaigns can be optimized based on price across channels like Google, Bing, and Facebook. Additionally, pricing intelligence provides real-time alerts and detailed reports on competitive trends and pricing performance.

Pricing Intelligence Accuracy

Our pricing intelligence is collected globally and customized to provide users with precise competitive insights. Each data point is verified at the SKU level using both algorithmic and human verification processes, ensuring the highest level of accuracy.

Pricing Intelligence to Monitor MAP Violations

Pricing intelligence lets you also monitor MAP violations across US, Canada and Mexico. You can track competitive retail pricing data on Amazon, Walmart, Google, Target, Best Buy, eBay and others. All manufacturer SKUs are matched against reseller SKUs to keep pulse of MAP compliance. Our reports provide you visual evidence of MAP policy violations.

We offer comprehensive eCommerce marketing intelligence, covering all aspects of the digital customer journey. By analyzing competitive pricing data, brands and agencies can make strategic pricing decisions to boost their broader marketing efforts, enhancing overall eCommerce competitive performance. We put effort to ensure data accuracy through a dual verification system using AI and humans.

Absolutely. Our high touch client success team proactively analyses your competitive pricing trends. Clients also benefit from our customized reporting to understand their specific questions with our pricing intelligence software services model. We don’t throw a competitor pricing tool and competitor data only at you. With our competitive pricing intelligence services model, we strive to uncover your competitor pricing questions for retail success.

We have been focused on offering high quality competitive data for over a decade of our business. Quality is our #1 mantra in the company and focus on consistently delivering high quality pricing data thanks to our ISO 27001:2022 certification.

We focus on reliability of data collection, and focus on doing algorithmic and human verification of the competitor pricing dataset. These results are validated by ecommerce trained analysts with random spot checks and outlier analysis. Matching SKU level competitor pricing data is a hard technical problem in which a fully automated method or a full AI method doesn’t yet offer high quality. Hence we use AI and human in the loop to consistently deliver high quality pricing data that our clients trust us.

Your pricing models need high quality pricing data. Thanks to our focus on quality, our clients can trust our pricing data to power their dynamic pricing algorithms.