Business

Why do you need to monitor a pricing strategy

Why Do You Need to Monitor a Pricing Strategy?

Having a competitive pricing strategy is a key tool in creating a successful and profitable e-commerce business and can be supported by using an e-commerce price monitoring tool.  Implementing a price monitoring strategy is significant to your business because the market could change and you need to ensure that your pricing strategy is optimised in …

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How to Optimise Your Competitive Pricing Strategy

Competitive pricing strategy can be a complex, time consuming process, which may seem never ending. In this article we discuss the various types of pricing strategy, and how to optimise your competitive pricing strategy for maximum effect.  What is a Competitive Pricing Strategy? A competitive pricing strategy involves competitor price tracking, and the selection of …

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What to Ask When Choosing Price Monitoring Software

5 Questions to Ask When Choosing Competitor Price Monitoring Software If you think that “all competitor price monitoring companies do the same thing”,  then you are very much mistaken. Before diving into a long-term contract that doesn’t fully suit your business’ present or future needs, ask these 5 fundamental questions to evaluate if the company …

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