Cookies managing
We use cookies to provide the best site experience. More
Accept All
Cookie Settings
Cookies managing
Cookie Settings
Cookies necessary for the correct operation of the site are always enabled.
Other cookies are configurable.
Essential cookies
Always On. These cookies are essential so that you can use the website and use its functions. They cannot be turned off. They're set in response to requests made by you, such as setting your privacy preferences, logging in or filling in forms.
Analytics cookies
Disabled
These cookies collect information to help us understand how our Websites are being used or how effective our marketing campaigns are, or to help us customise our Websites for you. See a list of the analytics cookies we use here.
Advertising cookies
Disabled
These cookies provide advertising companies with information about your online activity to help them deliver more relevant online advertising to you or to limit how many times you see an ad. This information may be shared with other advertising companies. See a list of the advertising cookies we use here.

Competitor
Price Monitoring

Our innovative and simple tools will allow you to:
  • perform efficient scraping
  • monitor competitors’ activities and prices
  • provide an efficient data analysis in order to optimize price formation.

Powerful Features

  • Price Alerts and Data Analysis Every Day
    Our tools will help you to set up alerts for price movement control and prevent price wars.
  • Convenient data representation
    All data is provided in convenient tables and charts and is carefully checked by analysts.
  • Frequent updating
    Our tools will allow you to receive new data about prices several times a day. Be the first to learn about price drops and raises!

Competitor Price Monitoring Software

This is a cloud-based online software service for competitor price monitoring and analyzing prices on the Internet and add competitors via links. The competitive price monitoring system can monitor any number of stores and ecommerce competitors’ pricing.

Basic description

A simple registration in the monitoring service is enough to connect; no integration is required. During the quick start process, you need to choose a convenient way to add products, the country where you sell your products, and the purpose of price monitoring (competitor tracking or price/marginal cost control).
In order to get a comparative analysis of prices and generate price monitoring reports, you must first add or select competitors. If you change them later, the data will be dynamically recalculated by competitor price monitoring tool. You can download the necessary online price monitoring reports in Excel format or connect to the API to transfer the information about competitor companies directly to your CRM system to monitor their pricing.

Additional options

Additional features to monitor competitors’ pricing include:
  • 24/7 Price Monitoring
  • Dashboards and analytics
  • Automatic Matching
  • History of price changes on the market
  • Optimal price recommendations



    Also, there is an option to report violations.

Re-evaluation by rules

It’s extremely easy to select competitors and monitor their pricing with the help of AI: you can see the name, price and photo of your competitor. In general, the platform has all the necessary functionality for price monitoring, and the interface is quite clear and allows you to handle it without outside help. Price monitoring tool allows you to reduce manual work on repricing of products.
The ecommerce monitoring service has several pricing options that depend on the size of stores and the frequency of monitoring, as well as a free version for novice users. You will receive all the necessary tools. Use them as you see fit. However, a free version has some restrictions, so if you want to use the full range of tools, subscription is necessary.

Machine learning experts take part in data processing, so the data is reliable and really useful. When you receive new data about prices every day, you can make the right decisions about the prices of your own products. So, you will get a benefit in comparison with the competitors.

Necessary tools

To make the process of monitoring your competitors' pricing fast and efficient, you need:
  • A parser to pull and clean up your data.
  • A script to run the parser every few minutes, hours, days or weeks.
Studies show that only about a quarter (25.6%) of businesses consider competition when setting their pricing. That's very small, but it's a great opportunity for you to be better than 74.4% of other companies by adding one simple algorithm to your competitive strategy.

Who Should Use it?

Analyzing competitors' prices is an equally important task for the owner of a small online store and the manager of a large retail chain. Here, you will learn how to find, monitor and use other shops' prices to your advantage.

Analyzing competitors' prices is a method of assessing the competitiveness of one's own prices in the current market conditions. Sellers are forced to pay more and more attention to other stores due to the constantly growing competition in the sphere of e-commerce. The more choices a customer has, the more expensive it is to attract traffic, and the higher the cost of conversion (purchase). When users can buy the same product from several sellers, the first thing they look at is the cost.

If you want them to choose your store more often, offer a competitive price. Use special services to determine it; they include not only market monitoring, but also competitor price analysis.
Competitive price for a product is a range of values within which the cost of the product will be the most attractive for customers and the most likely to result in a purchase under current market conditions and competition. This value is within the competitive price corridor. The corridor may be different for different product segments. For example, it could be:

  • The median price and values between -10% and +10% of it;
  • The median price and values in the range from -5% to +5% of it;
  • The minimum price +5-10% from it.

Also, it is necessary to allocate such a metric as optimum price: the price which will bring the seller the maximum profit.

Useful Competitor Pricing Monitoring Resources

We have been collaborating with many famous companies. They have managed to optimize their ecommerce business with the help of our price monitoring tool software.

  • Vileda Case: How to Make Transparent Prices for the Entire Range of the Company
    About how Vileda, a company that sells innovative cleaning products, monitors prices, and what tasks it solves with the help of the Priceva service. Told by a key account and territorial managers of the Vileda company.
  • Abbott Case: How Price Monitoring Helps Sell Products with a Long Planning Horizon
    Learn how price and availability monitoring helps Abbott Nutrition's division to work effectively in a long planning corridor from an interview with the company's E-commerce Head, Denis Boldyrev.
  • Arс case: Minimum Effort, Maximum Transparency
    This case will tell you how the MSRP is monitored in the Consumer Goods division of the ARС company, how the work is done, why it is needed and what results it gives.
  • P2Pet Case: Current Low Price as a Sales Growth Driver
    The innovative P2Pet project is an ecosystem of services and products for pets, covering all areas of pet care in one project. We will tell you in this case about the project itself and why it needs daily monitoring of prices for more than 4 thousand products.

How to Start

1
Create an account
Enter your name, email address, and main preferences
2
Make a list of products
In XML, Excel or CSV files
3
Upload the products in an account
Publish the products in the communicate
4
Add links to sites
You can add links either on your own or entrust this task to our team

Pricing and Plans

Business

Up to 40 sites/competitors
100 000 — price checks per month
Pro

Matching services available on demand:
/month
$99
/month
$199
Contact us
Enterprise

FREE
Up to 20 sites/competitors
Starter

20 products
  • Manual
  • Automated

Repricing module
MAP monitor module
/no credit card needed
Matching services available on demand:
  • Manual
  • Automated
Up to 30 sites/competitors
35 000 — price checks per month
Repricing module
MAP monitor module
Premium support

Custom set of features
Custom contracts & invoicing
High-performance builds with SLAs
Ready to get started?
Get a free demo project

Frequently Asked Questions

Our Solutions