Competitor Monitoring
Price tracking, competitor analysis
Why should you monitor your competitors ?
E-commerce is one of the most competitive field.
According to several studies, over 90% or internet users use price comparison before making a purchase. And 80% of buyers think that competitive pricing is the most important feature of a retailer.
Your competitors and you have the same objective : to grow and gain customers.
To surpass your competitors and win market share you need to offer a competitive product assortment.
Paarly Solution provides you the best tool to meet the challenge.
The main principles of competitor monitoring
There are four main stages in monitoring competitors :
- Collecting competitors data
- Extracting comprehensive informations from data and format informations
- Analyzing informations
- Making strategic decisions
Who uses Paarly Solution ?
- E-commerce
- Manufacturers / brands
- Buyers
- Product Marketing Managers
What are the benefits of using PAARLY?
- Obtaining reliable and readable data
- Refining pricing strategy
- Negotiating better prices with suppliers with evidence
- Detecting shortages among competitors