Price Monitoring
Price monitoring or competitive price monitoring - a specific type of website parsing for automation and price analysis and is an analysis of internal and external (statistics of price changes and their current level) price fluctuations to optimize pricing strategies.
How can price monitoring be of use to you?
For internal analysis
Monitoring your price history will help reflect your market strategy. Along with product rotation and brand value research, price monitoring can be useful in developing an optimal pricing strategy and maximizing profits.
To analyze market competition
Monitoring competitors' prices allows you to get information about them, which is undoubtedly important when analyzing the market. Based on the information collected, such as the ratio of price and quality of the product to the target group, you can get an idea of your position in the market.
Traditional pricing solutions may not always provide the necessary speed and flexibility that a modern market requires. They set unbalanced prices that result in lost profits.
Brutka’s price monitoring service allows you to quickly and easily compare prices.
You can run the analysis up to several times a day.