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5 mistakes to avoid in your price monitoring strategy
General, Price-monitoring, eCommerce ·eCommerce is constantly boiling with new product launches, fierce competitors, news, offers, events. Prices are also in that pot, so they must adapt to changes as well.
In order to do it, price monitoring is a necessary strategy. But, that strategy comes with stumbling blocks on the way.
In this article, we’re aiming to point out the most common mistakes in...
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4 Reasons Why You Need Competitor Price Monitoring
General, Price-monitoring, eCommerce ·Your company doesn’t exist in a vacuum. Numerous internal and external factors can shape your business, whether it be consumers, suppliers, or competitors. In today’s way of doing business, monitoring your competitors become one of the first and foremost steps. Why is that so? Well, retailers are turning mainly (if not entirely) over to eCommerce, which means little to no...