Dynamic pricing is a pricing strategy that aims to find the optimum price of a given product at any time. Price monitoring software is often used for this purpose to monitor competitor’s prices, as well as market trends, in order to set a competitive price. It can be easy to see why this would be …
When you are looking to monitor your competitors’ online price one of the biggest problems is accurate product matching. For each product you want to monitor you need to find the matching product on your competitor sites. What are the challenges when it comes to online product price matching? The answer to this question depends …
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