Ecommerce Pricing Intelligence and Competitor Monitoring Software

Pricing intelligence Software enables agencies brands, and e-commerce to optimize pricing strategy proactively, do repricing, and dynamic pricing, and monitor MAP compliance. When pricing is used with marketing and competitive intelligence, it becomes a powerful way to improve eCommerce performance to gain a competitive advantage. Having accurate pricing data is critical to using pricing intelligence.

Read More About Price Intelligence

Yes, GrowByData’s Ecommerce Pricing Intelligence software can track and monitor pricing information and trends across online channels. With your product feeds, we can discover competitors, monitor their prices, analyze, and dynamically reprice them on Google Shopping, Amazon, Walmart, Target, eBay, and other channels, per your need.

GrowByData’s Competitor Price Monitoring Tool can monitor as many competitors as you need.

You don’t need any practical knowledge to implement our price monitoring tool. We just need your product feeds, your prices, margins, floor price, competitors to focus on, and we will start tracking in no time. You will begin to get notifications and violation alerts shortly thereafter.

Yes, GrowByData’s Competitive Price Intelligence Tool can monitor your competitors across various regions. You just need to tell us the regions you want to track, and we will set up the price monitoring for you. One of our unique features is that we can monitor your prices and your competitors’ prices at a country, regional, or city level – even down to the zip code level.

We offer price monitoring services on various platforms such as Amazon, Google Shopping, Walmart, Target, Best Buy, Magento, Big Commerce, Shopify, and more. We can monitor these platforms in the US, Canada, the UK, and other geographies.

Yes, you can get a demo of our solution. Please do fill out our demo form with your information and a GrowByData representative will contact you immediately, evaluating your fit for our solution.

GrowByData’s online Retail Price Intelligence matches your SKUs to that of your competitors at a child SKU level, which is critical to getting accurate competitive prices. We use a combination of AI and human intelligence to precisely match your SKUs to that of your competitors. This is our differentiator and the reason our clients consistently trust our retail pricing data.

When you provide us with your product feed, our competitive pricing intelligence software discovers your competitors across the channels you have selected. We match your SKU with your competitors’ exact product SKU and start collecting the pricing data. As per your need, we can deliver granular competitor pricing data, as well as competitive price intelligence data, to your preferred location. You can also check this data and these insights with our Price Intelligence Software.

Price Monitoring and Competitor Pricing Monitoring are key techniques that can help you create the right pricing strategy: value-based and competition-based dynamic pricing, penetration pricing, bundle pricing, zonal pricing, and more. With accurate pricing data, you can evaluate your brand’s pricing strategy and compare it with your competitors to create the winning pricing strategy for your brand. Remaining price competitive versus competitors is vital for the bottom of the funnel conversion.

While it is important to appear on Search, buyers perform price comparison vs. competitors like you – especially for expensive products at the bottom of the funnel. Not remaining price competitive will give your sale to a competitor, so many leading brands are utilizing our solutions to understand and reprice vs. their competition to win the sale.

Through advertising intelligence, pricing intelligence collects product prices at an SKU level across marketplaces, direct-to-consumer sites, retailers, and SERP components. In addition to monitoring competitive pricing across these dimensions, pricing intelligence can be used as a rules-based engine to reprice and make dynamic pricing decisions through pricing intelligence software. Through dynamic feed optimization, advertising campaigns can be optimized for price across publisher channels like Google, Bing, and Facebook. In addition to alerts, pricing intelligence reports on competitive trends and pricing performance.

Pricing Intelligence Accuracy

Pricing intelligence is collected globally and implemented as a custom platform for the user to gain competitive pricing intelligence. All pricing data is verified at the SKU level with algorithmic and human verification.

Pricing Intelligence to Monitor MAP Violations

Pricing intelligence monitors MAP violations in the US and Canada of retail pricing data across marketplaces like Amazon, Walmart, Google Shopping, Target, Best Buy, eBay, and other online stores. All pricing data is matched at an SKU level with MAP compliance scanning. Alerts and reports are provided with evidence of the violation to share with resellers. We can also monitor other English-speaking countries such as Canada.

GrowByData provides holistic marketing intelligence to agencies and brands across every eCommerce dimension that influences a shopper’s journey across the digital shelf. By collecting, monitoring, and analyzing pricing data, agencies and brands can proactively make pricing decisions in concert with advertising, promotion, product, and marketplace strategies to improve eCommerce performance and gain a competitive advantage. GrowByData ensures the accuracy of its data through a double verification process involving AI and human validation.