#priceintelligence

[actowiz-123]

[sandersoncarlen]

Web scraping Services has a lot of potential. Companies will always want to use a web scraper for quickly exporting information from their competitor’s website.

[wersel-data-hub]

Selling a product or service in today’s digital era isn’t easy. Everyone who wishes to purchase something performs thorough research on the value and quality of the product. And that means it certainly becomes difficult for the sellers to determine appropriate product price that attracts the customers as well as generates profits.

Well, even though it can be difficult to work on an E-commerce pricing strategy, but it is never impossible. In fact, there are few ways to determine the reliable pricing strategy that suits your business effectively.

In this article, we will delve deeper into understanding the top pricing strategies.

https://wersel.io/ecommerce-pricing-strategy

[growbydata]

GrowByData Product intelligence provides you with the ways to compete with the right competitors. You can maximize revenue and margins by doing competitor analysis with the right cluster of your competitors. We find that retailers that are doing cluster-based competitive analysis are optimizing profits.

We don’t advocate a race to the bottom price war that leads to low profits and brand damage. GrowByData advocates rich data collection and cluster-based price intelligence to gain a strategic edge.

[expressanalytics]

Price Intelligence is a concept of tracking, monitoring, and analyzing competitor data to ensure that customers trust the retailer and purchase products.

For more info visit:  https://youtu.be/aOaNtZov5Gg

[scrapingintelligence-blog]

We provides best web scraping solutions including eBay Auction Scraper, eBay price scraper to scrape any data from eBay website like item no, product title, seller price, no of product sold, lowest price, Buy it Now prices, store details, scrape top products etc. with affordable rate in web scraping industry. Get it now!

[themarketresearchreports-blog]

Global Price Intelligence & Competitor Monitoring Software Market Size & Analysis – Forecasts To 2025

Global Market Estimates is a market research and business consulting company who has proven track record in serving Fortune 500 companies.

Request for a sample copy of the report at: https://www.globalmarketestimates.com/price-intelligence-competitor-monitoring-software-market/

Check our annual research partnership services at: https://www.globalmarketestimates.com/annual-research-partnership-services/

[hyphyhoochies-blog]

Überblick über die Marktpreise mit Priceintelligence

priceintelligence bietet Ihnen mit nur einem Klick einen Überblick über die Marktpreise Ihrer Produkte sowie die Sortimente Ihrer Wettbewerber. Erhalten Sie schnell und einfach konkrete Handlungsempfehlungen, die zu Ihrer Pricing Strategie passen.

Steigern Sie Ihren Umsatz

Ganz einfach mehr verkaufen: Stellen Sie sicher, dass Ihre Preise marktgerecht sind und optimieren Sie Ihre Konversion.

Steigern Sie Ihren Gewinn

Erhöhen Sie gezielt Ihre Marge: Erkennen Sie Produkte, die Sie unter Marktpreis verkaufen und schöpfen Sie Potentiale zur Preiserhöhung aus.

Stärken Sie Ihre Verhandlungsposition Den Markt im Blick: Nutzen Sie den umfassenden Marktüberblick, um besser einzukaufen.

Price Optimization Price Optimization Price Optimization Price Optimization Price Optimization Price Optimization Price Optimization Price Optimization Price Optimization Price Optimization Price Optimization Price Optimization Price Optimization Price Optimization Price Optimization Price Optimization Price Optimization Price Optimization Price Optimization Price Optimization Price Optimization Price Optimization Price Optimization Price Optimization Price Optimization Price Optimization Price Optimization Price Optimization Price Optimization Price Optimization Price Optimization Price Optimization Price Optimization Price Optimization Price Optimization Price Optimization

Warum priceintelligence?

Die Entwicklung im E-Commerce lässt eine radikale Preistransparenz und rasante Preisentwicklungen entstehen. Preissuchmaschinen und Marktplätze machen es sehr einfach für den Endkunden den Marktpreis von Produkten zu ermitteln. Eine attraktive Preisgestaltung, die auch die Wettbewerbspreise berücksichtigt, wird daher mehr und mehr zum wesentlichen Erfolgsfaktor im Internet. Ein nur kurzzeitig zu hoch angesetzter Preis verursacht schnell den Rückgang der Konversionsrate.

Die Folge: Kunden kaufen das Produkt beim Wettbewerb. Händler sind also gezwungen, die Marktpreise kontinuierlich im Blick zu haben und ihre Preisstrategie daran auszurichten. Doch manuell ist dies kaum machbar, der Aufwand wäre gigantisch.

[gilberthbolanos]

The Power of Blockchain, a Class for the Creators, and Getting Zen with GitHub

The Power of Blockchain, a Class for the Creators, and Getting Zen with GitHub

source: Block Chain today same now http://www.subscription60.com Socials Website: http://www.priceintelligently.com/ Facebook: https://www.facebook.com/PriceIntelligently/ Twitter: … The Power of Blockchain, a Class for the Creators, and Getting Zen with GitHub

[datosclarosblog]

Conocé nuestra solución de relevamiento y análisis de precios. Contactanos y te contamos más! http://datosclaros.com/site/soluciones.php#priceintelligence

[actowiz-123]

Price Integrity with Actowiz Solutions MAP Monitoring Tools

About Client

ABC Electronics, a leading consumer electronics brand, faced challenges in maintaining Minimum Advertised Price (MAP) policies across diverse online retailers. Seeking a proactive solution, they partnered with Actowiz Solutions for effective MAP monitoring and price intelligence.

Challenge

ABC Electronics grappled with manual monitoring of MAP violations, hindering their ability to enforce consistent pricing. The absence of dynamic pricing insights also impeded the formulation of an optimized pricing strategy. Actowiz Solutions was enlisted to streamline MAP monitoring, provide price intelligence, and enhance the overall pricing strategy.

Solution

Actowiz Solutions' Comprehensive Approach

1. Tailored MAP Monitoring Tools

Actowiz Solutions developed customized MAP monitoring tools, leveraging cutting-edge e-commerce scraping services. These tools were designed to collect real-time pricing data across a spectrum of online retailers, ensuring comprehensive coverage.

2. Automated Price Intelligence

The implemented solution went beyond MAP monitoring, incorporating dynamic pricing insights. ABC Electronics gained a competitive edge by analyzing market trends and adjusting pricing strategies promptly. This facilitated a more agile and responsive approach to market dynamics.

3. Proactive MAP Violation Alerts

Actowiz Solutions integrated automated alerts, ensuring ABC Electronics received instant notifications to monitor MAP violations. This proactive approach empowered the client to take swift corrective action, preserving brand integrity and maintaining consistent pricing across channels.

4. Continuous Price Monitoring and Analysis

The MAP monitoring tools continuously scraped e-commerce platforms, providing ABC Electronics with detailed reports and analyses. Price monitoring and intelligence became an integral part of their strategy, allowing them to make data-driven decisions for optimal pricing and market positioning.

5. Enhanced Pricing Strategy

Armed with comprehensive price intelligence, ABC Electronics refined its pricing strategy. The dynamic insights enabled the client to adapt to market fluctuations, optimize profit margins, and enhance overall competitiveness in the consumer electronics landscape.

Results

Strategic MAP Violation Prevention: Actowiz Solutions' tools facilitated proactive MAP violation prevention, safeguarding ABC Electronics' brand reputation and value.

Agile Pricing Strategy: Dynamic pricing insights empowered the client to adapt swiftly to market changes, enhancing competitiveness and maximizing profitability.

Time and Resource Efficiency: Automated monitoring and reporting significantly reduced the time and resources spent on manual tracking, enabling ABC Electronics to focus on strategic initiatives.

Conclusion

Actowiz Solutions not only provided robust MAP monitoring tools but also elevated ABC Electronics' pricing strategy through dynamic insights. This comprehensive approach enabled the client to maintain price integrity, adapt to market dynamics, and achieve sustained success in the competitive e-commerce landscape.

[topicprinter]

How increasing ARPA can make your life as a SaaS owner, much much easier.When we first added pricing to EmailOctopus in late 2015 our philosophy behind the pricing was simple. To be significantly cheaper than our competitors.It’s worth considering, at the time, the platform was only a side-project alongside the salary and security that a full-time role could offer. The money provided by EmailOctopus was ‘beer-money’ and we were yet to anticipate becoming a full-time business. In side-projects, that attitude is not unusual, any money you make from it you treat as a bonus — and it can lead to you undervaluing your time and more importantly, your business.Image: Our initial, very, very cheap, pricingUnderpricing your side project at an early stage makes it so much more difficult to turn it into a full-time business. If you start out only charging $5 per month per plan, then you’ll require 1000 paying users before getting close to matching your Silicon Valley/London developer salary. It’s so easy to get trapped in this circle, where you charge low amounts (because you can) but then can’t afford to grow the business to become what it’s fully capable of.The most important thing to remember when running your SaaS is that users use you for the value you provide.Ask yourself regularly, are our customers getting value from our product? Would their value still significantly outweigh the pricing, if we increased our prices? Identify what users consider the value in your product. As an email marketing platform, we get so wrapped up on sending emails that we often forget that our users are not paying us to do that. They’re paying us to deliver emails, so they can communicate with their customer base.Competing on price is a very acceptable thing to do. If your SaaS is a simpler or lighter version of an established product, then it’s a great approach to reduce your pricing so you can capture those users who don’t need all the bells and whistles that more expensive alternatives offer. At EmailOctopus, that’s our core proposition — we focus on making email marketing simple and cost effective. We don’t have the bloat of Mailchimp with their Facebook ad campaign tools and mobile apps, nor do we have the need to have hundreds of deliverability engineers (as Amazon SES handle deliverability for EmailOctopus customers) our pricing reflects that.Image: Our latest pricingOne benefit of increasing prices is that a shift upstream can often bring a better standard of customer. As a hugely discounted email marketing platform, we left ourselves open to spammers and less desirable customers who required a lot of support and monitoring. Users who understand the value of a product to their business, will pay for it. They’re the users you want.So what should I increase my prices to?This is a question only you, within your SaaS business can answer and it’s based on research that you’ll need to conduct. You’ll need to consider a few things:Image: LiveChat's affiliate modelYour cost of acquisition. Many companies offer affiliate schemes where they offer affiliates a significant cut of MRR. Their prices have to be adjusted to reflect this, in extreme cases such as ConvertKit, they offer 30% commission to affiliates. Essentially meaning, your prices need to be 30% higher. Google paid ads (Adwords) aren’t cheap either, nor are Facebook ads. You’ll need to consider the impact of pricing on the life-time value of customers, as the LTV is higher you can afford to bid more. One benefit of increasing prices is the fact that you can spend more on advertising to them.The value of your product. This I’ve spoken about in depth above, but the more value you provide the more you can charge. Consider the various personas who use your platform to ensure your pricing and plans reflect the value you are offering to each of them. PriceIntelligently have a number of great blogs on this, which I’d suggest reading. Our last round of pricing changes saw an extra plan added — we added this after researching and analysing the existing plans and usage patterns of our existing customers.Image: Our internal competitor analysis spreadsheet.What are your competitors charging? At EmailOctopus, our core proposition is that we are priced at a significantly cheaper rate than Mailchimp. We offer a simpler, lighter platform and have a belief that email marketing is overpriced. One thing we really spend time on before changing our prices is doing a huge amount of research into what our competitors offer, which we display in a regularly updated spreadsheet. That research doesn’t always lead to a price increase, indeed our most recent change included an extension to our free plan ensuring we remained one of, if not the, cheapest platform available.What will my existing users think?There are various ways companies treat their existing customers, with the most common being grandfathering. When grandfathering you essentially don’t increase prices for customers who remain on the same product for the lifetime of the account.As a company scaling up, you may see this as a fair way to treat the users who supported you in the beginning and it’s what we do at EmailOctopus. Our early customers were a gift to us, they helped us learn more about our pricing model and helped drive the direction of the product, we love to treat them well.Image:A graph of our grandfathered customers decreasingThe other alternatives are offering discounts to existing customers. In the case of a grandfather discount, you would agree with your customer to retain the same low pricing for the coming 6 or 12 months — ensuring you treat them fairly but do reap the benefits of the extra revenue in the mid term. Discounts are much easier to justify if there has been a notable, but perhaps not significant improvement to their plan.The bravest decision is to immediately increase their prices to your new plans. Before doing this you’ll want to check that your customer base is not too price sensitive. If you’ve spent the last 3 years advertising yourself as the cheapest around and then increase pricing to be on par, if not greater than, competitors then the likelihood is you’ll upset a few customers. Immediate, direct price increases are most easy to do if you have made a significant improvement to the platform which the customer will enjoy on their plan. You’ll need to explain this increase to customers carefully and clearly. It’s something Expensify did particularly well here.Post price increaseAfter a price increase, keep an eye on your conversion rates (lead>paid and visit>lead) and the impact on new customers. A well considered price increase almost always won’t significantly impact conversion rates, but will certainly increase ARPA (average revenue per account).Image: Our ARPA increasingIncreasing your SaaS businesses ARPA is the fastest way to grow your monthly revenue without worrying about scaling marketing spend or comprising your tech stability.At EmailOctopus it’s helped us scale, make further hires and invest more back into the product. Something we couldn’t have done without losing the side-project ideology we started with.Originally featured on Hackernoon here: https://hackernoon.com/your-saas-isnt-charging-enough-ef4252708537

[wersel-data-hub]

One of the classic competitive pricing examples is Pepsi and Coca Cola. These two brands compete against each other for various factors, right from pricing to quality and features. However, Coca Cola usually charges more on average than Pepsi.

Now you may think, “How can I lower the price and still gain the profits?” Well, this guide is here at your disposal. Here you will find the answer to most of your doubts and questions. Let’s start with - What is competitive pricing?

https://wersel.io/competitive-pricing-strategy

[growbydata]

A powerful price monitoring tool is required to monitor your key competitors and implement dynamic repricing for consistent ecommerce growth.

Based on our years of experience serving hundreds of retailers, we are sharing 4 challenges that we have heard many retailers face when doing repricing. As you evaluate and select your vendor, you must remain vigilant on the needs of pricing tool to select the right competitive price intelligence solution.