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All About Incompetitor® Accurate Data Tracking Technology
Introduction Effective and actionable market research has asserted itself as one of the most essential means of survival for any brand functioning in the eCommerce world, with competition rising and…
3 Ways a Price Optimization Platform Enables Accurate Pricing Strategy
Price is generally driven by three external factors: the market, demand, and supply. A deep understanding of how these factors impact pricing is critical to developing a pricing strategy that…
Manually Tracking Competitor Pricing Vs Automated Solutions
In 2023, with a huge chunk of retail activity taking place through online platforms, Global eCommerce sales are expected to grow 10.4% in 2023, totaling $6.3 trillion this year. – and…
How To Provide Better Pricing Than Your Competition Without Jeopardizing Your Brand
Regardless of the industry, a business operates in, even if it’s relatively new or small, a careful research will reveal two or more competitors. Their existence immediately changes the playing…
Too Cheap, Too Expensive – It’s All About Beating The Competition To It
As every business is unique, there are variances in pricing the products and services in every company. Not all of them incorporate strategies that aim to sell the highest possible…
How Often Should You Adjust Your Pricing?
Every business that seeks to achieve maximum levels of profitability needs to think carefully about its pricing. Specifically, it needs to think about how often to change its prices. Once…
Your Competitors Already Know This About Your Pricing Strategy
Keeping an eye on what your competition is doing is a great way for growing your business. Identifying who they are and what they are offering can prove invaluable to…
Pricing Benchmarks: Where Do You Stand?
Let’s start off with the basic definition – what are pricing benchmarks? It’s the process of comparing your prices to the prices of the competition in a specific market segment….